Quick Take: Median home prices increased month over month and year over year In San Francisco, home prices haven’t been largely affected by rising mortgage rates after the initial period of price correction from April 2022 to August 2022. Single-family home prices peaked at $2.05 million in April 2022 as mortgage rates rose rapidly; $2 … Continue reading San Francisco Real Estate Update November 2024: Home Prices, Inventory Trends, and Key Insights
Tag: San Francisco Condo Inventory
San Francisco Real Estate Update October 2024: New Listings Surge, But Will It Last?
As expected, September came through with a fresh wave of listings, but don’t get too excited—inventory is still tight. Mortgage rates are playing hardball, but with rates finally cooling (and the typical fall market upon us), we might see a slight jolt in sales. Of course, it’s the usual story—sellers’ market for houses, buyers’ market … Continue reading San Francisco Real Estate Update October 2024: New Listings Surge, But Will It Last?
San Francisco Real Estate Update September 2024
As is always the case here, post Labor Day is seeing a surge of inventory, but still nothing like we saw before interest rates started creeping up and the big Covid move was winding down. Quick Take: Median home prices declined month over month but are still near all-time highs In San Francisco, home prices … Continue reading San Francisco Real Estate Update September 2024
San Francisco Real Estate Update August 2024
While the city may be enjoying a quieter summer, the real estate market here in San Francisco is starting to show signs of life. Despite a temporary slowdown, the underlying fundamentals remain strong, and there’s a growing sense of anticipation for a potentially explosive fall season. Quick Take: The median single-family home and condo prices … Continue reading San Francisco Real Estate Update August 2024