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A Hot Autumn Market in San Francisco? (Part 2)

September 06, 2017

Will the Fall Market Stay Hot or Shift Cooler?September Typically Begins with Huge Surge in ListingsSeptember 2017 Report (Cont.)

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Since the year began, preliminary data has been trickling in regarding the Bay Area and city economy, and the commercial and residential real estate markets in particular, that appears to indicate that things may be heating upagain after clearly cooling in late 2015 and 2016 (subsequent to the increasingly torrid conditions in the...

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A Hot Autumn Market in San Francisco? (Part 1)

September 06, 2017

Will the Fall Market Stay Hot or Shift Cooler?

September Typically Begins with Huge Surge in ListingsSeptember 2017 Report ------------------------------------------------------------Generally speaking, late summer market dynamics (or, for that matter, during the mid-winter doldrums) are not of great significance and do not tell us much about where the market is heading. September, however, is usually the single month with the greatest number of new listings hitting the market in San Francisco, and...

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Best SF Neighborhoods for your Price Range

August 12, 2017

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Things to Do in San Francisco & Bay Area

August 12, 2017

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August Newsletter - Income, Employment, Education, Poverty & Home Prices

July 31, 2017

Income, Employment, Education, Poverty & Home Prices

A Survey of San Francisco Bay AreaReal Estate Markets & Demographics

Which counties are most expensive or most affordable, have the highest overbidding and appreciation rates? Which are healthiest, most educated, have the highest incomes or worst poverty percentages? What cities have the biggest, most expensive homes? And where do Bay Area residents come from?

August 2017 Report

Median House Price...

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July 2017 - San Francisco Real Estate Mid-Year Review

July 14, 2017

Updated July 2017

San Francisco Real Estate: The Paragon Mid-Year ReportHighest median home prices ever; a new peak in SF luxury home sales;the huge, new-construction pipeline; SF neighborhood home prices and trends;San Francisco & Bay Area home price maps July 2017 ------------------------------------------------------------A Very Hot Spring SF Median Sales Price Appreciationby Quarter...

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Q1 2016: San Francisco Market Shifts

April 04, 2016

In the first quarter of 2016, various market segments in the city began to trend in significantly different directions. Houses, especially those below $2 million, are still often selling in a frenzy of bidding: Recent reports of houses selling with 5, 10 or more competing offers are not uncommon, especially in neighborhoods considered more affordable (by San Francisco standards). Demand remains very high, supply remains extremely low, and new house...

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March 2016 – San Francisco Real Estate Market Trends

March 02, 2016

Mortgage Interest Rate TrendsShort-Term Changes since the Fed Raised Rates

Seasonality & the Spring MarketOverbidding by Month

San Francisco Real Estate Market Report March 2016 Including 13 custom charts San Francisco Median Home Sales PricesCombined House & Condo Sales, by Month

Chart: Median Price Trends since 1993

Chart: Case-Shiller Metro Area Home Price Index

Monthly and seasonal fluctuations in median sales prices are quite normal and do not...

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Appreciation of San Francisco Condos: 2011-2015

February 01, 2016

San Francisco Median Condo Price Appreciation2011 to 2015, by Neighborhood

Median sales price is a very general statistic, often concealing an enormous variety of values in the underlying individual sales. It can be and often is affected by other factors besides changes in fair market value, such as changes in the inventory available to purchase, and major changes in the distressed property, luxury home, or new condo construction segments. Sometimes...

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Appreciation of San Francisco Houses: 2011-2015

January 05, 2016

Median sales price is a very general statistic, often concealing an enormous variety of values in the underlying individual sales. It can be and often is affected by other factors besides changes in fair market value, such as changes in the inventory available to purchase, and major changes in the distressed property, luxury home, or new home construction segments. Sometimes...

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2015 San Francisco Real Estate Market Review

December 15, 2015

The San Francisco Real Estate Market in 2015Illustrating the Year in 20+ Charts

A neighborhood map of San Francisco is included at the bottom of this report for your convenience.

Quarterly Median Price Chart & Monthly Median Price Chart & Sales by Price Range Chart

Despite anxiety about interest rates, stock markets, junk bonds, housing affordability and over-valued unicorns, the Q4 2015 San Francisco median house and condo sales...

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December 2015: San Francisco Real Estate Market Trends

December 01, 2015

Heading into the Holiday Slowdown After an Interesting Autumn Market

December 2015 update, including 11 custom charts

Median home prices, over-bidding, housing affordability, luxury home sales, the new-home construction pipeline, and comparing the Shanghai and S&P 500 stock indices

Median sales prices in October and November jumped back up to levels similar to the spring peak selling season. It’s important to remember that median prices are not a perfect reflection...

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Where Renting is Most Expensive in San Francisco

November 17, 2015

Thanks to our friends at Trulia, here’s a breakdown of the San Francisco’s neighborhoods where rents are highest:

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November 2015: New Housing Construction in San Francisco

November 15, 2015

San Francisco New Home Construction UpdateNovember 2015

The SF Planning Department just released updated Q3 information regarding the new-housing development pipeline. San Francisco is in the midst of one of its biggest new-housing construction booms in history. (The same is occurring on the commercial development side, but this report won’t deal with that.) Indeed, it often seems that new projects of one kind or another are being announced...

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Let the Game of Chicken Begin!

November 02, 2015

We’ve seen more inventory since the fall selling season began than we have in several years in the city, with the excellent properties still moving at a record pace, and the just decent properties taking longer to sell.

What happens now to the fully respectable but possibly not excellent properties is a game of who will blink first– the buyers or the sellers. Will the sellers reduce their price, pull it from...

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November 2015 San Francisco Luxury Homes Market Cools

November 01, 2015

Luxury Home Segment Cools Down“Affordable” Homes Market Remains Competitive

A number of reasons may explain this: Firstly, the affluent are much more invested in the stock market than other groups, and the volatility of late August, early September may have encouraged more wealthy homeowners to sell (before things might possibly get worse), and more wealthy homebuyers to postpone buying until things clarified.As of very early November, the S&P 500 has...

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San Francisco Market Overview: October 2015

October 31, 2015

As we begin the last quarter of the year, change is in the air!

First, a surge of new listings hit the market last month — there’s more inventory in San Francisco now than there’s been at any time this year. Just over 40% of those properties for sale are priced under $1M (on par with Zillow’s recent valuation of homes across the city...

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Haunted San Francisco

October 25, 2015

Before the City of San Francisco voted to stop burials within city limits in 1900, there were at least two dozen cemeteries in existence. While the non-Native deceased were exhumed and relocated to Colma in the following decades, there are plenty of the dead who’ve taken up permanent residence in San Francisco and made it one of the most haunted places in the country.

EscapeHere – 10 Most Haunted Cities in America:

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The New Mansions of Noe Valley: Part II

October 19, 2015

Since The New Mansions of Noe Valley: Part I was published on October 14th, it should be noted that three of the eight homes on the market in the neighborhood are now in contract, and a 9th listing has come on the market: 439 Clipper Street. Let’s take a look at those eight $3M+ listings first reported, starting with the most expensive: 

739 27th Street, San...

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The New Mansions of Noe Valley: Part I

October 14, 2015

Between 2012 and 2014, the number of single-family homes sales $3M+ in Noe Valley increased more than 800%; if the eight homes currently listed [we’ll examine some of these in The New Mansions of Noe Valley: Part II] trade at or above listing price by the end of 2015, that figure will reach 900% over the four year period. See this chart of $3M+ Noe Valley home sales...

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Gold Rush Real Estate: Then & Now

October 12, 2015

“There were reports of canteens charging a dollar for a slice of bread or two if it was buttered, the equivalent of $56. A dozen eggs might cost you $90 at today’s prices; a pick axe would be the equivalent of $1,500; a pound of coffee $1,200 and a pair of boots as much as $3,000…” – Smithsonian

In today’s economy — booming not with gold but with...

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Global Economies & the San Francisco Real Estate Market

October 07, 2015

Current events happening in different parts of world and in different markets are impacting our local economy here in San Francisco. Let’s take a look at some of the big ones: oil, Europe, China, United States and technology.

Oil is typically about $100 to $110 per barrel — that’s been pretty common for the past several years. In the past six months, it’s gone down to about $40 per barrel. That’s...

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October 2015 San Francisco Real Estate Report

October 01, 2015

Home-Buying vs. Gold & Apple Stock – as an Investment, Median Home Price Appreciation & Neighborhood Values& the City’s Most Expensive Condo BuildingsOctober 2015 Report, including 11 Custom Charts

A wide range of other reports pertinent to SF real estate values and trends can be found here: San Francisco Market Reports and San Francisco Neighborhood Values

Short-Term & Long-Term San Francisco Home Price Appreciation

2011 – 2015, by...

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San Francisco Market Overview: September 2015

September 30, 2015

September is historically the month San Francisco sees the greatest number of new listings come on the market, and this year it hasn’t disappointed! Since the 1st of the month, more than 800 single-family homes and condos have hit the market, blowing last year’s count out of the water. Further sweetening the situation for prospective home buyers, there are more condos for sale now than any time in the past...

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New Inventory: Relief For Home Buyers?

September 28, 2015

At last, the promised new inventory has arrived. While we generally see a spike in listings during one of our two selling seasons — spring and fall — the past several years have been dismal in terms of turning out new listings. Not so this year.

The question is: Will that translate into any relief for buyers?

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Think Long-Term: Best Performing San Francisco Real Estate Investments

September 25, 2015

This past week, 2470 Broadway in Pacific Heights came on the market in San Francisco with a $6,995,000 list price. Purchased by the current owner in 1976 for $176,000, this price represents a nearly 10% average annual appreciation. It’s a story not dissimilar to that of the former Alioto mansion at 2898 Vallejo, purchased in 1973 for $225,000 and sold in 2013 for $11,700,000. These long-term real estate holdings with appreciation rates well...

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To Buy or to Rent: That is the Question

September 21, 2015

Unless you are fortunate to live in a rent controlled building, you may have noticed your monthly rent rise dramatically in recent years. Checking in at $3,530 per month, the median rent for a one-bedroom has been the highest in the country for six months following a 13.5% rise last year (and up as much as 29.2% in Noe Valley). For many renters, what they pay out every month could easily be...

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3rd Annual San Francisco Building Boom

September 19, 2015

Friday, September 18th I had the pleasure of attending the 3rd Annual San Francisco Building Boom presented by the San Francisco Association of REALTORSⓇ, a panel discussion of the new residential building projects transforming our city. Please listen to the discussion here and enjoy!

Are you getting my monthly San Francisco newsletter? You can subscribe here.Meredith Martin is a Broker Associate at Paragon Real Estate Group and can be reached at Meredith@LuxSFRE.com 

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Updated: New Condo Developments in San Francisco

September 09, 2015

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Triple-Digit Temps, Six-Figure Overbids

September 07, 2015

It’s heating up — and I’m not just talking about the triple-digit temperatures around the Bay Area!

More than 145 properties have come on the market in San Francisco in the past seven days, signaling what promises to be a heated post-Labor Day selling season for local real estate. September is historically the biggest month for new listings, and while some things change — year-over-year lower inventory, fewer average days...

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Let the Autumn Selling Season Begin!

September 02, 2015

September is almost always the month with the largest number of new home listings in San Francisco: The number of new listings hitting the market in September 2014 was 15% higher than the #2 month (May 2014) over the past 21 months. Because Labor Day is so late this year, September only has 3 weeks of selling days after the holiday weekend, and if this is a big listing month...

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Autumn 2015 Homes Market and Volatility

September 01, 2015

Against Backdrop of Market Volatility

September 2015 Report for San Francisco

Including 12 custom charts

We are neither blithe optimists, for whom boom times will never end, nor inveterate pessimists, who see bubbles and crashes behind every shrub. For what it’s worth, based on our survey of current economic fundamentals, we don’t expect an imminent crash in the U.S. stock market or in Bay Area real estate values...

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August 2015 - Special Report: Where to Buy at What Price

August 01, 2015

August 2015 Special Report

A city neighborhood map is provided at the bottom of this analysis.

The charts below are based upon 2015 transactions reported to MLS by July 24, breaking out the neighborhoods with the most sales within given price points. However, other neighborhoods not listed did have smaller numbers of home sales within...

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