Close

Newsletter

San Francisco Real Estate: The Paragon Mid-Year Report

After hitting new monthly highs in May, San Francisco houses and condos hit new quarterly peaks in Q2 2017. However, median house price appreciation, $100,000 above its previous high, has been more dramatic over the past 2 years than median condo price appreciation, which has mostly plateaued due to the surge in new-project condos coming on market. As illustrated above, it is not unusual for median prices to peak for the year in Q2, and a significant part of this dynamic,

 » Read more about: San Francisco Real Estate: The Paragon Mid-Year Report  »

Read More

Crazy Hot Market – Again

As Buyers Compete for an Inadequate Supply of Home Listings,
San Francisco Median House Sales Price Soars to $1,500,000 in May

June 2017 Report

Home price appreciation, overbidding asking prices, supply and demand
dynamics, the SF luxury home market & new housing construction

Three Views of SF Median Sales Price Appreciation

Monthly House & Condo Median Sales Prices since 2012

We are not that enthusiastic about using monthly median prices,

 » Read more about: Crazy Hot Market – Again  »

Read More

A Second Wind for San Francisco Real Estate?

Since the year began, preliminary data has been trickling in regarding the Bay Area and city economy, and the commercial and residential real estate markets in particular, that appears to indicate that things may be heating up again after clearly cooling in late 2015 and 2016 (subsequent to the increasingly torrid conditions in the 4 years prior). It is far too early to come to any definitive conclusions regarding the long-term significance of recent local or national shifts: Some of the data is not always consistent with such a conclusion;  » Read more about: A Second Wind for San Francisco Real Estate?  »

Read More

San Francisco Real Estate in Early 2017 – Preliminary Indications of Market Direction

In recent months, there have been multiple reports in local media about Big Drops in San Francisco Home Prices! But, umm, we are not seeing it, neither on the ground in the hurly burly of buyers and sellers making deals, nor in the year-over-year quarterly statistics of supply and demand. News articles often make a big deal regarding the median sales price in a single month, but monthly data is often gravely deficient as an indicator,

 » Read more about: San Francisco Real Estate in Early 2017 – Preliminary Indications of Market Direction  »

Read More

What Costs How Much Where in San Francisco

Below are 3 charts from our updated 9-chart report that breaks down which neighborhoods one is most likely to find a home within a specific price range, whether house or condo. The report covers homes from under $1 million to over $5 million.

If you want to buy a house under a million dollars, one is now mostly limited to the neighborhoods that run across the southern border of San Francisco.

The full report is here: San Francisco Neighborhood Affordability

What Can I Buy for $1,200,000 or $2,000,000?Below are illustrations of the wide range of homes (and,

 » Read more about: What Costs How Much Where in San Francisco  »

Read More

Lamorinda-Diablo Valley & Bay Area Real Estate Markets

We have updated our median home price maps for the entire Bay Area by city, for San Francisco by neighborhood, and then specifically for the Marin, Lamorinda & Diablo Valley, and Wine Country markets. To access them, click on the map image below.

2

This chart below is specific to the Lamorinda & Diablo Valley market, illustrating median house price movements since 1996. All parts of the Bay Area saw similar trends, though the percentages up and down varied between markets.

 » Read more about: Lamorinda-Diablo Valley & Bay Area Real Estate Markets  »

Read More

Real Estate Cycles, Interest Rates & Neighborhood Appreciation Trends

The first chart below is a simplified graph based on the S&P Case-Shiller Home Price Index illustrating percentage increases and decreases in prices for houses in the higher-price tier. The markets in San Francisco, Marin, San Mateo and Lamorinda/Diablo Valley are generally dominated by high-price tier home sales. (If you wish our chart of market cycles for low-price or mid-price homes, please let us know.)

All the short-term fluctuations up and down have been removed so that the chart only reflects major turning points in the market.

 » Read more about: Real Estate Cycles, Interest Rates & Neighborhood Appreciation Trends  »

Read More

Multiple Angles on a Changing San Francisco Market

Median sales prices usually jump in autumn, to a large degree because of the seasonal increase in luxury home sales, and that is what happened in October. The combined house and condo median sales price was up 6% from October 2015, but substantially unchanged from the previous peak median prices achieved in spring 2015 and spring 2016.

San Francisco Median Home Sales Prices

median-price_combined-sfd-condo_by-month_bar-chart

Median sales prices usually jump in autumn,

 » Read more about: Multiple Angles on a Changing San Francisco Market  »

Read More

San Francisco’s Hottest, Most Competitive Neighborhood Market

Since the market recovery began in 2012, various districts have taken the lead as the hottest markets in San Francisco: The affluent and prestigious Noe-Eureka-Cole Valleys district and Pacific Heights-Marina district led the recovery out of recession. Later South Beach/SoMa, Hayes Valley and, especially the Mission, went white hot as the high-tech boom surged (though, honestly, high appreciation rates became general throughout the city). In mid-2015, price appreciation in many the more expensive and fashionable districts started to slow down and plateau.

 » Read more about: San Francisco’s Hottest, Most Competitive Neighborhood Market  »

Read More

Heading into the Autumn Selling Season

2015 to 2016 YTD, the overall median price for condos, which now comprise the majority of home sales in the city, remained exactly the same at $1,100,000: Among other issues, this market segment is clearly being impacted by an increase in new-project condos coming on market, altering the supply and demand dynamic. The house median price increased 6% to $1,328,000: This is far below the appreciation rates of the previous 4 years and is being driven mostly by continued demand for “more affordable”

 » Read more about: Heading into the Autumn Selling Season  »

Read More