San Francisco’s housing market is a complex landscape marked by record-low inventory, rising prices, and fluctuating market conditions. While single-family homes remain in high demand, the condo market is showing signs of a buyer’s advantage. This month’s analysis dives deep into these trends, examining factors influencing prices, inventory levels, and the overall health of the … Continue reading San Francisco Real Estate Update July 2024
Tag: San Francisco Real Estate Agent
San Francisco Real Estate Update June 2024
The housing market is experiencing a slowdown. Nationally, home prices are still rising, but sales are falling due to high mortgage rates. Inventory is slowly increasing, which could eventually lead to price stabilization. In San Francisco specifically, home prices haven’t been significantly affected by rising interest rates, but there are signs the market is starting … Continue reading San Francisco Real Estate Update June 2024
San Francisco Real Estate Update May 2024
The housing market continues to be a rollercoaster ride, with surprising twists and turns. Prices keep climbing despite rising mortgage rates, and inventory remains frustratingly low. This update dives into how these trends are impacting the market, explores what’s happening with single-family homes versus condos, and offers some insights into what you can expect in … Continue reading San Francisco Real Estate Update May 2024
San Francisco Real Estate Update April 2024
San Francisco’s housing market is a familiar friend to many of you, and we love to keep you informed on the latest updates which reveal a warming market that deserves your attention. Quick Take: Median single-family home price rose significantly in March 2024 In San Francisco, home prices haven’t been largely affected by rising mortgage … Continue reading San Francisco Real Estate Update April 2024
San Francisco Real Estate Update March 2024
Curious about what’s happening in the San Francisco real estate market? I’ve been updating you for 20 years, so why stop now…to sum up all you’re going to read below…the market is definitely heating up. Quick Take: Median prices rose in February 2024 for single-family homes and condos In San Francisco, home prices haven’t been … Continue reading San Francisco Real Estate Update March 2024
San Francisco Real Estate Update February 2024 | Median Home Prices Rise 12.9%
Wondering what’s up in San Francisco real estate market? Here you go: Quick Take: Median prices rise in January 2024 for single-family homes and condos In San Francisco, home prices haven’t been largely affected by rising mortgage rates after the initial period of price correction from May 2022 to July 2022. Since July 2022, the … Continue reading San Francisco Real Estate Update February 2024 | Median Home Prices Rise 12.9%
Rents In SF Increase For First Time Since Shelter In Place
This past month, rents in San Francisco increased by 1.2%, the first increase since the start of the pandemic. For reference, San Francisco rents fell by an average of 3.4% per month from April through December of 2020. That said, rents in San Francisco are still down by 26.1% year-over-year, the #1 sharpest decline among … Continue reading Rents In SF Increase For First Time Since Shelter In Place
SF Real Estate Market Hot Here Cool There
Welcome to our February newsletter. This month, we cover long-term trends in the United States, considering the ways in which history can inform our future. We also compare the 2020 and 2019 calendar years in our local area, using 2019 as a “normal” year to reflect upon 2020 trends. We don’t want to jinx anything, … Continue reading SF Real Estate Market Hot Here Cool There
San Francisco Real Estate Trends in COVID-19 Lockdown
We just released our monthly real estate market report and forecast newsletter. If you’ve been subscribed to it, check your spam folders, find it, read it, send it to a friend. Can’t find it, we got you. Read the full report by following this link. –theFrontSteps Newsletter – Real Estate Trends in COVID-19 Lockdown Subscribe … Continue reading San Francisco Real Estate Trends in COVID-19 Lockdown
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“Alex made selling our house very smooth…”
Surprisingly, the devil algorithm at Yelp did not hide this wonderful testimonial from some great clients who I just helped sell their home. So I thought I’d share it with all of you here. We decided to relocate out of state after living in our house for nearly 30 years; a huge decision for us … Continue reading “Alex made selling our house very smooth…”
For Sale | The Ritz-Carlton Residence 1701 | $1,385,000
We’ll be putting this beauty on the market very soon, but as always, our readers get a sneak peek. Welcome to The Ritz-Carlton Residence 1701: sophistication and comfort in a convenient Downtown / Financial District / Union Square location.
Cole Valley Mid Century Gets $4,000,000 – Plus Overbids
It’s $1,250,000 over asking for 1238 Stanyan (#3 on the list, and worth every penny)…or to put it another way…an overbid that could almost (+$25k) buy you this condo in Cole Valley at 1240 Willard outright. Put that in your morning pastry and chew on it. As for the rest of the top 10 Overbids, … Continue reading Cole Valley Mid Century Gets $4,000,000 – Plus Overbids
SOLD | 323 Church St. #A | Mission Dolores | $1,525,000
I’m pleased to report the successful off market close of my clients’ amazing condominium in a smooth and effortless transaction. Congratulations to the buyers, and my clients (the sellers). It has been a great deal all around. Talk about a great location… Remodeled in 2015 and only lived in by one owner since, this home … Continue reading SOLD | 323 Church St. #A | Mission Dolores | $1,525,000
San Francisco Median Home Price Hits All Time High
San Francisco’s continued hot housing market reflects the incredibly strong full-employment economy that the Bay Area and the U.S. is experiencing. Not only is unemployment in San Francisco historically low (3.3%), but also the number of employees who are involuntarily part-time is falling and older workers are remaining in the work force longer. The impact … Continue reading San Francisco Median Home Price Hits All Time High
SOLD | 745 18th Ave | Central Richmond | $1,412,000
I’m pleased to report the successful sale of this wonderful Richmond residence. In the end, we were able to get around 150 people through the door, we received nine offers, four of which were countered at $1.4M, two of which came back above that, and we just closed for $1,412,000. If you live in the … Continue reading SOLD | 745 18th Ave | Central Richmond | $1,412,000
Top 10 Overbids And Some Very Interesting Outer Sunset / Parkside Data
It’s that time… Top 10 Overbids Of the Week Address BR/BA/Units DOM List Price Sold Price Overbid 165 Vasquez Avenue 3/1.25/N/A 12 $1,050,000 $1,703,000 62.19% 1846 38th Avenue 2/1.00/N/A 12 $898,000 $1,255,000 39.76% 3537 Lawton Street 3/3.00/N/A 11 $1,095,000 $1,525,000 39.27% 1534 17th Avenue 3/1.00/N/A 10 $995,000 $1,350,000 35.68% 2039 47th Avenue 3/2.00/N/A 0 $895,000 … Continue reading Top 10 Overbids And Some Very Interesting Outer Sunset / Parkside Data