Top 1% San Francisco Real Estate Agents
It’s important to note that the Bay Area contains many different markets and market segments, sometimes following diverging trends in supply and demand, and home-price appreciation. Most of the materials in this report reflect overall trends for the entire region. When the data is available we’ve charted longer-term trends since they give much greater context…
Dear Friends, Diving into a new decade, we’ve paused momentarily to reflect on 2019 with profound gratitude for the opportunity to assist families and friends through their journeys of homeownership and relocation, placing us once again in the Top 1% of San Francisco realtors and Top 100 Teams in the Bay Area!! Below, you can…
Generally speaking, after years of high appreciation rates, annual 2019 Bay Area median home prices went down a little bit, went up a little bit or basically remained unchanged as compared to 2018. SF hit new quarterly price highs in spring of 2019 (amid all the IPO excitement), but ended up the year at about…
When the media reports on the “Bay Area median home price,” it’s worth remembering that SF is a relatively small market compared to the big 3 counties. Appreciation in Very Expensive Markets Based on the calculations of an algorithm created to track long-term price changes, this next chart looks at percentage appreciation since 2012 in…
Using six-month-rolling figures for monthly median sales prices smooths out the often meaningless monthly fluctuations to illustrate broad, long-term appreciation trends with more clarity. Home Sales Volume by Month A crystal clear illustration of the role of seasonality in the SF real estate market. Starting in November activity begins to plunge towards the mid-winter nadir….
Neighborhood House & Condo Prices; Short-Term & Long-Term Appreciation Trends; Population Migration In & Out of the City. After the heat of the spring market, activity typically slows down markedly in July and August. In September, listings start pouring on the market again to fuel the relatively short autumn selling season – in fact, September…
Note that it is not unusual for median home sales prices to peak for the calendar year in spring (Q2). This is due not only to heightened buyer demand, but also to the extreme seasonality of the luxury home market – more luxury home sales (as a percentage of total sales) pull overall median sales…
Home Prices, Appreciation & Ownership Costs; Affordability Percentages, Household Incomes, Interest Rates, Rents & Homelessness. August 2019 Report – including 30 illustrative charts. Housing affordability may be the largest social and political issue in the Bay Area, and the effects of low affordability also greatly impact the general economic picture in a wide variety of…
Sales & Values by District and Price Segment, Special Circumstance Sales, Market Seasonality, the Luxury Home Market & Foreign Buyers. The May Case-Shiller Home Price Index was released in late July for the 5-county SF metro area. This chart illustrates the difference in appreciation rates between the Bay Area (higher price markets) and the entire…
The CoreLogic S&P Case-Shiller Home Price Index does not evaluate median sales price changes, but employs its own proprietary algorithm to measure home price appreciation over time. Since its indices cover large areas – for example, the San Francisco Metro Area is comprised of 5 counties – which themselves contain communities of widely varying home…
Dear Friends, We hope you all had a splendid holiday and are enjoying time with family, friends and are able to catch a glimpse of the ever elusive San Francisco sunshine. As the rush of the Spring selling season settles, we have found time to catch up with dear friends and round up…
An interesting 2019 so far: Stock markets have hit new peaks; interest rates have hit multi-year lows; the SF unemployment rate dropped to a historic low; Bay Area unicorn IPOs have rolled out one after the other; SF residential and office rents have ticked up; consumer, corporate and governmental debt levels – nationally and internationally,…
An interesting 2019 so far: Stock markets have hit new peaks; interest rates hit multi-year lows; the SF unemployment rate dropped to a historic low; Bay Area unicorn IPOs have rolled out one after the other; SF residential and office rents have ticked up; and SF median house and condo prices hit new peaks in…
High stock markets, low interest rates, surging luxury home sales, limited inventory, a spring full of unicorn IPOs, and San Francisco – once again -hits new highs in median home sales prices. July 2019 Update After 2 quarters of no or negative year-over-year home price appreciation, a confluence of positive economic factors sent San Francisco…
Dear Friends, DID YOU KNOW? Listings that include the keyword steam oven sell for 34 percent over the expected sales price nationwide, with “pizza oven” and “wine cellar” being particularly popular keywords among San Francisco listings. Looks like we have some hungry buyers!! In other real estate related news, we are so fortunate to have been selected…