August 17, 2016
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 is affected by 3 major factors: median house price, mortgage interest rates, and household income. […]
Categories: Market Statistics | Comments Off on Income, Affluence, Poverty & the Cost of Housing: Housing Affordability in the San Francisco Bay Area
View DetailsAugust 10, 2016
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 at the bottom of this report. Ups & Downs in Bay Area Real Estate MarketsAll […]
Categories: Market Statistics | Comments Off on Bay Area Real Estate & Demographics
View DetailsJuly 30, 2016
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 for a neighborhood not listed, please contact us. The tables follow the map in the […]
Categories: Market Statistics | Comments Off on Home Value Tables by San Francisco Neighborhood
View DetailsJuly 19, 2016
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 variety of sources, we are hearing of a big jump in apartment vacancy rates, with […]
Categories: Market Statistics | Comments Off on San Francisco Bay Area Apartment Building Market
View DetailsJuly 08, 2016
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% for houses and less than 1% for condos, as compared with 2014 to 2015 rates […]
Categories: Market Resources, Market Statistics | Comments Off on A Soft Landing after 4 Years of Market Frenzy?
View DetailsJune 27, 2016
Analyzing new data (preliminary May numbers) from the CA Employment Development Department indicates a significant shift in Bay Area employment numbers. As seen in the first chart below, looking at the 4 central Bay Area Counties, comparing the first 5 months of last year to the same period of this year, the change in the […]
Categories: Market Statistics | Comments Off on Significant Changes in San Francisco & Bay Area Employment Trends
View DetailsJune 14, 2016
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 SF jobs have been added in the past 6 years. IPOs, unicorns and surging stock […]
Categories: Market Statistics | Comments Off on Wealth, Employment, Demand, Inventory, Affordability and San Francisco Home Prices
View DetailsJune 04, 2016
Many of the charts included below are based on the San Francisco Planning Department’s excellent 75-page 2015 Housing Inventory report, released on May 27, 2016, which can be accessed using the link at the bottom of this article. We are very grateful for the enormous effort put into creating that report by Audrey Harris and […]
Categories: Market Statistics | Comments Off on San Francisco New Housing Construction & Inventory Trends
View DetailsMay 11, 2016
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 median house prices continued to appreciate, condo and TIC prices appear to have generally plateaued. […]
Categories: Market Statistics | Comments Off on Midway through the Spring 2016 Selling Season
View DetailsMay 09, 2016
The bar charts compare year-over-year data, going back 2 years, for the latest month. The line charts track monthly data over a period of 3 to 5 years. Note that it can take 7 to 15 days after a month’s end for agents to enter in transaction data pertinent to the month in question, so […]
Categories: Market Statistics | Comments Off on The San Francisco Luxury Home Market | Homes of $2 Million & Above
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