Market News

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 ...
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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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A Second Wind for San Francisco Real Estate?

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 up again after clearly ...
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Supply, Demand, Money & Demographics: 10 Factors Behind San Francisco’s Real Estate Market

A consideration of the main factors at play behind the current San Francisco real estate market, some of which reflect general macro-economic trends and some of which are specific to the city itself. As we’ve seen in 1989, 2001 and ...
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San Francisco Real Estate in Early 2017 – Preliminary Indications of Market Direction

In recent months, there have been multiple reports in local media about Big Drops in San Francisco Home Prices! But, umm, we are not seeing it, neither on the ground in the hurly burly of buyers and sellers making deals, ...
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What Costs How Much Where in San Francisco

Below are 3 charts from our updated 9-chart report that breaks down which neighborhoods one is most likely to find a home within a specific price range, whether house or condo. The report covers homes from under $1 million to ...
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San Francisco Rent vs. Buy Comparison

Comparing the PURCHASE of a 2-bedroom, 2-bath, 1080 square foot condo at the 2016 median San Francisco sales price of $1,150,000, to the RENTAL of a comparable apartment at a San Francisco market rate of approx. $4,400 to $4,600/month rent ...
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Where to Buy a Home in San Francisco for the Money You Want to Spend

The charts below are based upon San Francisco home sales reported to MLS during the 12 months from 2/16/16 – 2/15/17, breaking out the neighborhoods with, generally speaking, the most sales within given price points. Other neighborhoods not listed did ...
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San Francisco Home Value Tables by Neighborhood, Property Type & Bedroom Count

These tables report median sales prices, average home size and units sold, by property type and bedroom count for a variety of San Francisco neighborhoods. If you are interested in data for a neighborhood not listed, please contact us. The ...
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Ups & Downs in Bay Area Real Estate Markets

We have updated our median home price maps for the entire Bay Area by city, for San Francisco by neighborhood, and then specifically for the Marin, Lamorinda & Diablo Valley, and Wine Country markets. To access them, click on the ...
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SF Luxury Home Market Report

In this report, various price thresholds will be used for the luxury home designation, depending on when the chart was first created, if different property types are being combined, or simply to look at the high-end market from slightly different ...
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San Francisco District Home Sales Breakdown

These charts show the breakdown of San Francisco home sales as reported to the city’s Multiple Listing Service in 2016 (as reported by 12/21/16). These analyses are sorted by city districts and neighborhoods by the number of transactions in different sales-price ...
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Gold, Google, Facebook & San Francisco Homes

This first chart is a somewhat lighthearted, but we believe accurate look at how various 2011 investments would have played out through 2016. (FB is dated from its 2012 IPO.) When calculating appreciation, purchase and sale dates are critical factors, ...
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Home Price Tables by SF Neighborhood

These tables report median sales prices, average home size and units sold, by property type and bedroom count for a variety of San Francisco neighborhoods. If you are interested in data for a neighborhood not listed, please contact us. The ...
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Real Estate Cycles, Interest Rates & Neighborhood Appreciation Trends

The first chart below is a simplified graph based on the S&P Case-Shiller Home Price Index illustrating percentage increases and decreases in prices for houses in the higher-price tier. The markets in San Francisco, Marin, San Mateo and Lamorinda/Diablo Valley ...
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Rising Interest Rates & Bay Area Housing Affordability

Changes in interest rates affect local, national and international economies in a bewildering variety of positive and negative ways depending on the segment, and there is vehement disagreement as to what rate or rate movement is best, or most dangerous, ...
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Multiple Angles on a Changing San Francisco Market

Median sales prices usually jump in autumn, to a large degree because of the seasonal increase in luxury home sales, and that is what happened in October. The combined house and condo median sales price was up 6% from October ...
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San Francisco’s Hottest, Most Competitive Neighborhood Market

Since the market recovery began in 2012, various districts have taken the lead as the hottest markets in San Francisco: The affluent and prestigious Noe-Eureka-Cole Valleys district and Pacific Heights-Marina district led the recovery out of recession. Later South Beach/SoMa, ...
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Heading into the Autumn Selling Season

2015 to 2016 YTD, the overall median price for condos, which now comprise the majority of home sales in the city, remained exactly the same at $1,100,000: Among other issues, this market segment is clearly being impacted by an increase ...
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Income, Affluence, Poverty & the Cost of Housing: Housing Affordability in the San Francisco Bay Area

The California Association of Realtors just released its Housing Affordability Index (HAI) for the 2nd quarter of 2016, 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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Bay Area Real Estate & Demographics

While waiting for the autumn market to begin, we thought we would step back and look at the Bay Area from a variety of angles. If you are tired of reading about real estate, there are some interesting demographic analyses ...
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Home Value Tables by San Francisco Neighborhood

These tables report median sales prices and average dollar per square foot values, along with average home size and units sold, by property type and bedroom count for a variety of San Francisco neighborhoods. If you are interested in data ...
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San Francisco Bay Area Apartment Building Market

Financial markets worldwide have seen dramatic volatility in this past 12 months, the Bay Area economy and new hiring have cooled, and the San Francisco house and condo market started to normalize after 4 feverishly overheated years. From a wide ...
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A Soft Landing after 4 Years of Market Frenzy?

San Francisco Median Sales Prices by Quarter Since median sales prices fluctuate so much by season, the most useful metric is year over year, i.e. comparing Q2 2016 to Q2 2015. In Q2 2016, the year-over-year appreciation rate was 4% ...
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