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 been rebounding in close to [...]

San Francisco September 2021 Report: Sales, Prices, Trends2021-09-07T22:22:37+00:00

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 increases in county median house [...]

Bay Area Housing Affordability, Q2 20212021-08-18T14:00:38+00:00

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.

San Francisco August 2021 Market Report: Sales, Prices, Trends2021-08-09T21:24:44+00:00

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 are more meaningful than short-term [...]

San Francisco July 2021 Report: Sales, Prices, Trends2021-07-07T17:58:54+00:00

San Francisco June 2021: Home Sales, Prices, Trends

Condo sales volume hits new peak; luxury condo and house sales hit new highs; inventory of listings declines amid heated demand: Another ferocious spring selling season in San Francisco. The post San Francisco June 2021: Home Sales, Prices, Trends first appeared on Paragon Specific.

San Francisco June 2021: Home Sales, Prices, Trends2021-06-08T17:36:39+00:00