Top 1% San Francisco Real Estate Agents
Dear Friends, We hope this message finds you healthy and in good spirits. The Dale + Alla Team remains open for business during this challenging period of time as we all work remotely. We are focused and working hard to quickly adapt to new realities in this historic time – and doing our part to…
This article was written before the coronavirus – in fact, the first version was written over 10 years ago by our chief market analyst to help place the 2008 crash into context. We realize there are much more important things than real estate right now, but since some of our clients are trying to make…
There is a lot going on in the world right now and we won’t pretend to know how things will turn out or affect the local real estate market over the next few months. In the meantime, this report will look at the most recent data available, though the impact of the wild volatility in…
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…
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…
Dear Friends, Can you believe the year is already over? We certainly can’t! As 2019 draws to an end, we are so grateful for another great year and being able to help so many families with their real estate needs! As the picture above suggests, we had a great time at our Thanksgiving client appreciation…
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….
Dear Friends, As you know, we REALLY LOVE what we do! Helping people is at the very core of it all and one of our latest sales is a testament to this value. Using the Compass Concierge program, $50,000 was spent in strategic upgrades to this gorgeous home which led to a sale price…
Updated Market & Census Statistics, Home Prices & Appreciation Rates, Luxury Home Sales, Price Reductions, Employment & Interest Rates. It will be another month before hard data on the autumn selling season begins to become available. In the meantime, below is a review of market trends and statistics through the third quarter. Note that September…
Dear Friends, We hope everyone had a fun and relaxing Labor Day weekend and are settling back into the fall routine, whether its school time for the children, unpacking from travel, or planning for the many holidays that are just around the corner. We are personally looking forward to the next few months of warmer…
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…
Dear Friends, Happy August! With half of the year already over, we can’t believe Fall season is almost around the corner — where has the year gone?? That being said, if you’re thinking of buying, we have a variety of beautiful new listings hitting the market in all different price points and neighborhoods — see…
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…