Newsletter

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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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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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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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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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 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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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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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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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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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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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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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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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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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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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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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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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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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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Wealth, Employment, Demand, Inventory, Affordability and San Francisco Home Prices

Two of the biggest drivers of local real estate demand in recent years have been increasing employment and new wealth creation, both of which exploded in San Francisco and the Bay Area. Approximately 600,000 new Bay Area jobs and 100,000 ...
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Midway through the Spring 2016 Selling Season

San Francisco Median Home Price Appreciation Short-Term & Long-Term Trends As seen in the first chart below, the combined house-condo median sales price hit a new high in April. However, as the second chart illustrates, so far this year, while ...
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San Francisco House & Condo Markets Diverge

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 ...
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San Francisco Median Condo Price Appreciation 2011 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 ...
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San Francisco Median House Price Appreciation 2011 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 ...
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The San Francisco Real Estate Market in 2015

Architecture, views, probates, penthouses, lofts, TICs, luxury homes, mortgage rates, sales prices, market cycles, and everything else we could think of in a look back on 2015. Quarterly Median Price Chart & Monthly Case-Shiller Chart & Sales by Price Range ...
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Heading into the Holiday Slowdown after an Interesting Autumn Market

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 of changes in fair market value: They often fluctuate ...
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Luxury Home Segment Cools Down “Affordable” Homes Market Remains Competitive

San Francisco led the Bay Area and the nation when its real estate recovery began in early 2012. Within the city itself, the more affluent neighborhoods led the rebound from the 2008 – 2011 recession and saw the highest rates ...
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October 2015 San Francisco Real Estate Report

The autumn selling season started with a large surge of new listings right after Labor Day, but it will be another month or so before preliminary statistical data is available on home sales negotiated since then. However, it is clear ...
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Autumn SF Home Selling Season Begins Against Backdrop of Market Volatility

Real estate markets are essentially determined by the balance – or imbalance, as is often the case – between buyer demand and seller supply of homes to purchase. Underlying that dynamic are economic, political and demographic factors – some local, ...
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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 2015 YTD transactions reported to MLS by July 24, 2015 . We’ve generally broken out the neighborhoods with the most sales within given price points. To a large degree, if you’re buying a house ...
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The San Francisco Real Estate Market The Paragon Mid-Year Report

Bay Area Appreciation Rates since 2011 Combined House & Condo Median Sales Prices Besides the general economic recovery, there are other factors in different counties affecting home price increases over the past 4 years: 1) the huge decline in distressed ...
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San Francisco Neighborhood Home Prices Continue to Break Records

Median Sales Prices; Luxury Home Sales; Housing Affordability Index; Home Values by Neighborhood; Investment Real Estate; New Development Median House & Condo Sales Prices As the 2015 market has accelerated, median home sales prices have been hitting new highs in ...
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Another Challenging Spring for Buyers; Sellers Rejoice as Home Prices Hit New Highs

Escalating Home Prices; Fierce Overbidding; Luxury Home Sales; Interest Rates; Employment Trends; Biggest Home Sales of 2015 YTD June 2015 San Francisco Real Estate Report by Paragon Real Estate Group 4 Angles on San Francisco Home Price Appreciation Short-Term Trend ...
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San Francisco Neighborhood Home Prices Continue to Break Records

Median Sales Prices; Luxury Home Sales; Housing Affordability Index; Home Values by Neighborhood; Investment Real Estate; New Development Median House & Condo Sales Prices As the 2015 market has accelerated, median home sales prices have been hitting new highs in ...
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San Francisco Luxury Home Market Report

In this report, we will define luxury homes in San Francisco as houses, condos, co-ops and TICs selling for $2,000,000 or more. Homes selling in this price range currently make up a little more than 10% of the SF residential ...
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First Quarter 2015 Update: The San Francisco Real Estate Market

San Francisco Home Value Appreciation The chart above illustrates the continued march upward of median home sales prices in San Francisco. However, if we separate out house from condo sales, an interesting trend appears: The median house sales price basically ...
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Taking the Temperatures of Bay Area Real Estate Markets

Across the Bay Area, how many listings sell without price reductions, how quickly do they sell, and at what percentage of asking price? What role does employment play in the real estate market? Which are the biggest and smallest county ...
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Another Feverish Spring Market? March 2015 Report

Overbidding & Inventory; Bay Area Home Price Map; Renting vs. Buying; Different Markets = Different Bubbles, Crashes & Recoveries Preliminary statistics and, even more so, indications on the ground in the current hurly burly of deal-making are sending strong signals ...
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The San Francisco Real Estate Market

Median Sales Prices, Neighborhood Values, Seasonality & Demand, Condo Construction, New SF “Airbnb” Law, Appreciation vs. Inflation February 2015, Paragon Real Estate Group The market just begins to wake up in January, so its statistics are not particularly illuminating. The ...
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3 Years into the Recovery: San Francisco Real Estate as 2015 Begins

San Francisco Real Estate Cycles, 1984 – 2014 The 2 charts above look at the last 30 years of real estate cycles, and also compare percentage appreciation during the first 3 years of recent market recoveries (the light blue columns ...
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What San Francisco Home-Buyers Bought in 2014

Penthouses, Probates, Lofts, Mansions & Fixer-Uppers What San Francisco Home-Buyers Bought in 2014 How many San Francisco home sales were… Victorians, Edwardians or Art Deco? Condos in doorman buildings? Artist live-work lofts? Probate or bank sales? Without parking? Under $500,000? ...
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San Francisco Neighborhood Appreciation Rates

Which Neighborhoods Have Appreciated Most and Why? 4th Quarter 2014, Paragon Special Report ——————————————————————— Percentage Appreciation Rates 2010/2011 – Present This analysis is based upon review of both median sales price and average dollar-per-square-foot data. However, there is no San ...
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