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San Francisco Home Prices, Market Conditions & Trends October 2021

The post San Francisco Home Prices, Market Conditions & Trends October 2021 first appeared on Paragon Specific.

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Marin County Home Prices, Market Conditions & Trends September 2021

Abnormally high household movement occurred due to the pandemic-related reasons, housing and living costs, family and quality of life issues, and new wealth – moves greatly enabled by work-from-home. There was a considerable increase in the number of buyers for first homes, larger homes, luxury homes and second homes.

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San Francisco September 2021 Report: Sales, Prices, Trends

Economists generally believe there should be a rational equilibrium in the cost of housing of different housing types. But after the pandemic hit, supply and demand shifted dramatically: SF median house prices are now up 13%, condo prices are flat, and rents down 17%. However, in 2021 all 3 have

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Bay Area Housing Affordability, Q2 2021

A 3 month rolling trends will illustrate market seasonality – typical seasonal ups and downs in median prices – as well as broad, longer-term trends. The Q2 2020 to Q2 2021 decline in mortgage interest rates was a positive factor in household housing affordability percentages, but was outweighed by large

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Marin County Real Estate Prices & Trends August 2021

In the first 6 months of 2021, almost $3.5 billion in home sales were reported to MLS in Marin County, 65% above the previous peak in 2018. Of Bay Area counties, Marin County saw the highest percentage increase in 2021 over it’s previous peak in sales.

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San Francisco August 2021 Market Report: Sales, Prices, Trends

In the first 6 months of 2021, over $6.7 billion in home sales were reported to MLS in San Francisco, 49% above the previous peak in 2018.  The post San Francisco August 2021 Market Report: Sales, Prices, Trends first appeared on Paragon Specific.

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Marin County Real Estate Prices & Trends July 2021

There was a very large jump in the median house sales price in Q2 2021. Marin has the largest median house size of any Bay Area County, and it has increased almost 8% since the pandemic struck. Larger homes tend to be located in more expensive areas.  

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1501 Greenwich Street #302

Sold for $1,375,000

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San Francisco July 2021 Report: Sales, Prices, Trends

Approximately 3,885 MLS sales occurred in the six months through mid-June 2021. 54% of MLS sales ere condos, 38% were houses, 6% TICs, 1% co-ops and 1% townhouses. Seasonal fluctuations are common and it’s not unusual for median sales prices to peak for the year in spring Q2. Longer-term trends

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Marin County Real Estate Prices & Trends June 2021

Besides changes in fair market value, median sales prices often rise and fall due to seasonal factors and changes in luxury home sales. For example, it’s not uncommon for median prices to rise in spring and drop in mid-winter.

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