Newsletter

San Francisco House & Condo Markets Diverge – November 2020 Report

SF house and condo markets have been affected differently by the pandemic. This report attempts a deeper dive into the data across the city and within different city districts. The market typically starts a big slowdown in mid-November, running through the mid-winter holidays, until it begins to wake up in

Read More

San Francisco: 7 Months After the Pandemic Hit | October 2020 Report

The table below compares Q3 statistics across 5 years. Since the dynamics of the SF house and condo markets have significantly diverged since the pandemic struck – the condo market has been weaker – we broke some of the 2020 stats out separately in the table, and then in some

Read More

San Francisco Real Estate – A Complex Market September 2020

Despite the terrible fires, SF had a very active month in listings going into contract in August, hitting a high point for the year and matching the high points of recent years. Surprisingly, the fires did not significantly impact the number of deals being made in most Bay Area counties

Read More

San Francisco Real Estate – Complicated Market Conditions August 2020

As illustrated below, the San Francisco market currently reflects a variety of both positive and negative indicators. Among Bay Area markets, the city is seeing the softest recovery from the initial shelter-in-place plunge in activity in early spring, while some other counties – less expensive, more suburban or rural –

Read More

San Francisco Market Rebounds – July 2020 Report

Despite the ongoing health and economic crisis precipitated by COVID-19, the SF real estate market made a large recovery from the steep declines in March and April. The SF median house price hit a new monthly high in June ($1,800,000), and high-end houses, in particular, have seen very strong demand

Read More

San Francisco Real Estate Spring 2020 Report

Supply & demand statistics, median sales price trends, sales and values by city district, the luxury home market, and the ongoing effects of COVID-19 June 2020 Generally speaking, market activity – as measured by the number of listings going into contract – continued to pick up rapidly in May, bouncing

Read More

San Francisco Real Estate Market Begins to Bounce Back – Slowly

May 2020 Crisis Update. Market activity begins to tick up after severe shelter-in-place plunge. Median home sales prices are up. Interest rates hit new low. Shelter-in-place caused steep drops in activity across the board in what is typically the busiest selling season of the year. However, though still far below

Read More

Bay Area Real Estate & the Coronavirus Effects on Market Supply & Demand Dynamics April 2020 Report

Note that there is a time lag – usually 3 to 6+ weeks – between a new listing coming on market, an offer being negotiated and accepted, and when the transaction actually closes sale. This means that almost all of the sales price data we have, as of the first

Read More

San Francisco Real Estate & the Coronavirus April 2020 Report

The first thing to remember is that there is a time lag – usually 3 to 6+ weeks – between a new listing coming on market, an offer being negotiated and accepted, and when the transaction actually closes sale. This means that almost all of the sales price data we

Read More

30+ Years of Bay Area Real Estate Cycles

Below is a look at the past 30+ years of San Francisco Bay Area real estate boom and bust cycles. Financial-market cycles have been around for hundreds of years, from the Dutch tulip mania of the 1600’s through today’s speculative frenzy in digital-currencies. While future cycles will vary in their

Read More