San Francisco Home Prices, Market Conditions & Trends November 2022

After a brief rebound in market activity in August, pursuant to what turned out to be a very temporary decline in interest rates and an associated rebound in financial markets, macroeconomic conditions shifted again – with interest rates climbing rapidly to a 20-year high – which took a toll on early autumn, Bay Area real [...]

San Francisco Home Prices, Market Conditions & Trends November 20222022-11-07T20:26:25+00:00

San Francisco Home Prices, Market Conditions & Trends October 2022

Virtually across the Bay Area, Q3 median sales prices retreated dramatically from their spring peaks, and SF was hit harder than most area markets. Part of this was due to seasonal trends – median sales prices often peak for the calendar year in Q2, then drop in summer – but part of the decline was [...]

San Francisco Home Prices, Market Conditions & Trends October 20222022-10-10T16:13:35+00:00

San Francisco Home Prices, Market Conditions & Trends September 2022

In early August, we mentioned agents reporting that buyer activity – renewed interest in getting back into the market, visits to open houses, and so on – was picking up due to a number of issues: Price reductions, less competition, the drop in interest rates, and the dramatic recovery in stock markets. And a small [...]

San Francisco Home Prices, Market Conditions & Trends September 20222022-09-07T19:17:32+00:00

San Francisco Home Prices, Market Conditions and Trends August 2022

Across the Bay Area, markets have continued to slow and cool. As illustrated in this report, dramatic changes in demand, inventory, overbidding, price reductions, and year-over-year appreciation rates have usually occurred. The post San Francisco Home Prices, Market Conditions and Trends August 2022 first appeared on Paragon Specific.

San Francisco Home Prices, Market Conditions and Trends August 20222022-08-10T18:17:52+00:00

San Francisco Home Prices, Market Conditions & Trends August 2022

Leaning into Market Headwinds, Year-over-Year Appreciation Rate Falls. The impacts of this year’s severe economic headwinds – soaring inflation and interest rates, stock market declines, fears of recession – on Bay Area real estate markets are speeding up. The first effect was on buyer demand (fewer buyers, offers and listings into contract), leading to changes [...]

San Francisco Home Prices, Market Conditions & Trends August 20222022-08-09T19:16:44+00:00

San Francisco Home Prices, Market Conditions & Trends July 2022

Leaning into market headwinds, year-over-year appreciation rate falls. The impacts of this year’s severe economic headwinds – soaring inflation and interest rates, stock market declines, fears of recession – on Bay Area real estate markets are speeding up.    The post San Francisco Home Prices, Market Conditions & Trends July 2022 first appeared on Paragon [...]

San Francisco Home Prices, Market Conditions & Trends July 20222022-07-11T17:16:43+00:00

San Francisco Home Prices, Market Conditions & Trends June 2022

Sales are declining, and the numbers of active listing and price reductions are increasing. But the homes that are selling are still, on average, selling for well over asking: Median sales prices and year-over-year appreciation rates remain high.    The post San Francisco Home Prices, Market Conditions & Trends June 2022 first appeared on Paragon [...]

San Francisco Home Prices, Market Conditions & Trends June 20222022-06-07T21:51:54+00:00

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 their interest rate locks expired, [...]

San Francisco Home Prices, Market Conditions & Trends May 20222022-05-09T14:25:02+00:00

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 first appeared on Paragon Specific.

San Francisco Home Prices, Market Conditions & Trends April 20222022-04-07T20:38:36+00:00
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