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San Francisco Home Prices, Market Conditions & Trends May 2022

In April 2022, the Bay Area continued to see appreciation, overbidding and days-on-market reflecting extremely intense demand. But sales are a lagging indicator reflecting offers accepted 3-6 weeks earlier, April sales mostly reflect buyers who locked in mortgage rates before the big late-March/April jumps, buyers highly motivated to buy before

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San Francisco Home Prices, Market Conditions & Trends April 2022

Soaring interest rates & housing costs; continuing strong demand, low inventory of house listings and high market velocity. Sales were robust in Q1 for all property types, but the supply of house listings in particular was very low.  The post San Francisco Home Prices, Market Conditions & Trends April 2022

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San Francisco Home Prices, Market Conditions & Trends March 2022

So far in 2022, Bay Area real estate markets appear largely unfazed by higher interest rates, volatility in financial markets, and troubling international events.  The post San Francisco Home Prices, Market Conditions & Trends March 2022 first appeared on Paragon Specific.

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San Francisco Home Prices, Market Conditions & Trends February 2022

2021 was one of the most frenzied real estate markets ever, with buyer demand far exceeding the supply of listings available to buy – and all the usual indicators, including home price appreciation trends, reflected this severe imbalance. As is the normal seasonal trend, listing and offer activity dropped substantially

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San Francisco Home Prices, Market Conditions & Trends December 2021

November and December typically see very significant seasonal slowdowns in market activity and in January, we will issue our 2021 market review, looking back at what has certainly been one of the highest demand markets in history. The post San Francisco Home Prices, Market Conditions & Trends December 2021 first

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San Francisco Home Prices, Market Conditions & Trends November 2021

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

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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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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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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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