Blog

San Francisco Real Estate Market Report

We are pleased to announce that Paragon Real Estate has joined forces with Compass in order to deliver a new level of support and service for our clients. Founded in 2012, Compass is a real estate technology company now operating ...
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We are excited to join Compass!

Compass Merges with Paragon and Expands in San Francisco Bay Area Compass is now the #1 real estate company by market share in San Francisco SAN FRANCISCO​ - July 9, 2018 - Compass, the real estate technology company, today announced ...
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Seasonality: How Market Dynamics Change by Season

Seasonality typically affects inventory levels, buyer demand and median home prices, often in very significant ways – as is illustrated in the following charts. However, it is not the only factor affecting market conditions and trends – general economic conditions and financial ...
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SF Multi-Unit Residential Income Market

The Multi-Unit Residential Property Markets of San Francisco, Alameda & Marin Counties This report generally separates out the 2-4 unit and the 5+ unit apartment building markets, since they typically have different dynamics and values. All the statistics below are ...
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What Costs How Much Where in San Francisco

Median sales price is that price at which half the sales occurred for less and half for more. Average dollar per square foot reflects the livable interior space of a home and does not include garages, storage, rooms built without ...
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2018 YTD: A Wild Ride for San Francisco Real Estate

By any measure, the heat of the San Francisco market in the first half of 2018 has been among the most blistering ever. Probably only 3 or 4 other periods over the past 50 years have seen a comparable intensity ...
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Bay Area Market Survey: From Billionaires in Mansions to Flippers & Fixer-Uppers

The county and city appreciation percentages in the chart above were calculated by averaging changes in both median sales prices and average dollar per square foot values. We also incorporated S&P Case-Shiller SF metro area calculations based upon its algorithm ...
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Affordability & the Cost of Housing in the SF Bay Area

The California Association of Realtors recently released its Housing Affordability Index (HAI) for the 1st quarter of 2018, which measures the percentage of households that can afford to buy the median priced single family dwelling (house). In this analysis, affordability ...
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San Francisco Luxury House, Luxury Condo, Co-op and TIC Markets

As seen in the chart below, so far in 2018, SF luxury home sales have been very strong, higher than in any previous year since the recovery began in 2012. The recent stock market volatility notwithstanding, the economic confidence that ...
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SF Residential Newsletter: Hottest SF Neighborhood Markets

Before discussing neighborhood values, appreciation rates and market cycles, here are 3 overview charts on the entire city market. Citywide Home Values & Trends On a 3-month-rolling basis, median home sales prices in San Francisco yet again hit new highs ...
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San Francisco Bay Area S&P Case-Shiller Home Price Updates

Since Case-Shiller Indices cover large areas – 5 counties in the SF Metro Area – which themselves contain communities and neighborhoods of widely varying home prices, the C-S chart numbers do not refer to specific prices, but instead reflect home prices as compared ...
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Yet Another Dramatic Jump in San Francisco Median House Price to over $1,600,000

Consumer confidence is still soaring, and buyers continue to push aside concerns about recent financial market volatility, federal tax law changes affecting Bay Area homeowners, and interest rate increases, to fuel heated neighborhood markets throughout San Francisco. Houses have become ...
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Bay Area Real Estate Market Cycles

Out of recession comes recovery; recovery builds into market over-exuberance; over-exuberance leads to negative adjustment; negative adjustment sparks recession. Begin again.The scale, length and triggers of each part of different financial and real estate cycles can vary dramatically, but the ...
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Economic Context Factors Underlying Housing Markets

The real estate markets in the SF Bay Area are parts in an overall economic reality that includes a number of financial, demographic and psychological components – all of which are impacting each other in constantly changing ways. Some are ...
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Media Reports Suggest Major Bay Area Decline

The sources of the data behind the below (and many more) articles: an online survey by a PR company; an analysis of traffic on a real estate website; the alleged cost of a U-Haul to Las Vegas; anecdotal opinions from ...
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A Selection of Charts about Debt

Most of the charts below come from the Federal Reserve Bank of St. Louis. We have not had time to comment on each chart and what we believe its significance to be (and, in any case, we are probably unqualified ...
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Long-Term Trends in San Francisco Real Estate

The great advantage of reviewing annual data is how often the market trend lines clarify into a straightforward dynamic, instead of the constant up and down fluctuations often seen in monthly or quarterly data charts. (Monthly data is constantly being ...
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No Let Up in SF Real Estate Market – a Paragon Report

So far in 2018, the market seems to have brushed aside any concerns about increasing home prices, rising interest rates, and new federal tax law changes. It is still very early in the year to come to definitive conclusions about ...
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San Francisco Bay Area S&P Case-Shiller Home Price Index

Since Case-Shiller Indices cover large areas – 5 counties in the SF Metro Area – which themselves contain communities and neighborhoods of widely varying home prices, the C-S chart numbers do not refer to specific prices, but instead reflect home prices as compared ...
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San Francisco Luxury Home Market Report

After cooling somewhat in late 2015 and 2016, the San Francisco luxury home market bounced back in 2017 to hit new highs in the number of sales. Note: Our report online contains several dozen updated analyses of the San Francisco ...
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SF Spring Events Calendar

There are plenty of fun things to enjoy in the city this Spring. Take a peek at these events in our Spring 2018 events guide ...
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Housing Affordability in the San Francisco Bay Area

The California Association of Realtors recently released its Housing Affordability Index (HAI) for the 4th quarter of 2017, which measures the percentage of households that can afford to buy the median priced single family dwelling (house). In this analysis, affordability ...
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A Survey of San Francisco Bay Area Real Estate Markets

Our newly updated median home price maps for the entire Bay Area by city, for San Francisco by neighborhood, and then specifically for the Marin, Diablo Valley & Lamorinda, and Wine Country markets. To access them, click on the map ...
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Positive & Negative Factors in Bay Area Real Estate Markets

I am often asked how one development or another might affect SF and Bay Area real estate markets – tax law changes, interest rates, soaring stock markets, foreign buyers, migration trends, housing affordability, climate change, new home construction, and so ...
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San Francisco Real Estate Market – New Year Report

The median SF house sales price in 2017 was $1,420,000 (up from $1,325,000 in 2016), and for condos, it was $1,150,000 (up from $1,095,000). Looking just at the 4th quarter, median prices were $1,500,000 for houses (up from $1,350,000 in ...
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San Francisco Bay Area S&P Case-Shiller Home Price Index

Since Case-Shiller Indices cover large areas – 5 counties in the SF Metro Area – which themselves contain communities and neighborhoods of widely varying home prices, the C-S chart numbers do not refer to specific prices, but instead reflect home prices as compared ...
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Long-Term Trends in San Francisco Real Estate

The great advantage of reviewing annual data is how often the market trend lines clarify into a straightforward dynamic, instead of the constant up and down fluctuations often seen in monthly or quarterly data charts. (Monthly data is constantly being ...
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Changing Dynamics in California Migration Trends

We just crunched the numbers on a recent U.S. census report tracking population migration to and from California in 2016, and illustrated them in the chart above. Though this chart refers specifically to state data, the trends illustrated almost certainly ...
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30+ Years of San Francisco 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, all the way back to the Dutch tulip mania of the ...
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San Francisco Demographics – Who We Are; Where We Come From; What We Believe; How We Live; What We Do

There is no city on the planet quite like ours, and here are some of the details. Compiled by Paragon Real Estate for your entertainment and, perhaps, mild edification. Ancestry, Age, Religion, Education, Employment, Language & Politics A Miscellaneous Selection of Diverse ...
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Affordability & the Cost of Housing in the SF Bay Area

Home prices, affordability percentages, monthly housing costs and income requirements for SF, Marin, San Mateo, Santa Clara, Sonoma, Napa, Alameda, Contra Costa & Solano Counties This national affordability chart above employs a different methodology than the CA county charts below: The ...
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2017 SF Holiday Events Calendar

There are many great things to enjoy in our wonderful Bay Area now through January. Take a look at some of the events that will “Add a little sparkle to your holidays” in our events guide this winter season ...
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Dynamic October Market in SF Real Estate

The October 2017 median house sales price in San Francisco surged over $100,000 above the previous peak in May to hit a new high at $1,588,000 (sales reported by 11/5/17). A major factor was that October was a record-breaking month ...
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San Francisco Bay Area S&P Case-Shiller Home Price Index

Since Case-Shiller Indices cover large areas – 5 counties in the SF Metro Area – which themselves contain communities and neighborhoods of widely varying home prices, the C-S chart numbers do not refer to specific prices, but instead reflect home prices as compared ...
Read More

Seasonality & the San Francisco Real Estate Market

Seasonality typically affects inventory levels, buyer demand and median home prices, often in very significant ways – as is illustrated in the following charts. However, it is not the only factor affecting market conditions and trends – general economic conditions and financial ...
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Q3 SF Real Estate Market Review

Year-over-year, a low inventory homes market dropped even lower, while buyer demand increased to keep the pot boiling in San Francisco through the third quarter, when activity typically cools down between the spring and autumn selling seasons. Since closed sales ...
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The Multi-Unit Residential Property Markets of San Francisco, Alameda & Marin Counties

We recently completed a report placing the Bay Area housing market within the context of a wide variety of other economic dynamics, such as population growth, employment and hiring, the stock and the IPO markets, consumer confidence, interest rates, commercial lease rates, ...
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The Economic Context Behind Housing Market Trends

The real estate markets in the SF Bay Area are parts in an overall economic reality that includes a number of financial, demographic and psychological components – all of which are impacting each other in constantly changing ways. Some are ...
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Luxury HOUSE Market Update for San Francisco

The autumn selling season is a big one for the San Francisco luxury house market: Last September saw a record-breaking spike in new listings hitting the market, leading to a similar spike in October sales. It will be a couple ...
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Luxury Condo Market Report for San Francisco

The autumn selling season is a big one for the San Francisco luxury homes market: There is usually a very significant spike in activity between Labor Day and the beginning of the mid-winter slowdown in mid-November. It will be a ...
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A Hot Autumn Market in San Francisco?

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 ...
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1000+ Things to Do in San Francisco & Bay Area

Out of town guests are arriving, the kids are hungry, the dog is restless, or you are just lying on the couch reading email and need something to motivate you to get up and out of the house. Dinner, brunch, ...
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Bay Area Home Prices, Incomes & 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 ...
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San Francisco Real Estate: The Paragon Mid-Year Report

After hitting new monthly highs in May, San Francisco houses and condos hit new quarterly peaks in Q2 2017. However, median house price appreciation, $100,000 above its previous high, has been more dramatic over the past 2 years than median ...
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San Francisco Bay Area Apartment Building Market

Before jumping into the specific financial metrics pertaining to the market itself, below is a review of some of the major economic context issues which underpin the market: rent rates, new construction and employment. Bay Area Rent Rate Trends San ...
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Escaping the June Gloom

8 Unique Day-Trips in Northern California ...
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Crazy Hot Market – Again

As Buyers Compete for an Inadequate Supply of Home Listings, San Francisco Median House Sales Price Soars to $1,500,000 in May June 2017 Report Home price appreciation, overbidding asking prices, supply and demand dynamics, the SF luxury home market & ...
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Buy Local

Paragon Real Estate’s 2017 San Francisco Farmer’s Market Guide ...
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