The median sale price for both single-family homes and condo/TIC/lofts rose in May. The seasonal heating up of the market over the summer, combined with low interest rates, has encouraged buyers to jump back into the market. While inventory levels continue to climb relative to 2018, they’re still objectively low, Read More

The best job market in five years and very low-interest rates are both contributing to keeping home and condominium sales prices steady in San Francisco. San Francisco’s single-family home median sales prices are down just slightly from a year ago. Condominium prices are flat. Days on market has risen somewhat Read More

While San Francisco’s single-family home sales prices rebounded in March, they are still down 4% from 2018’s level. And although inventory has risen, it remains very low. The available inventory is selling fast, just not as fast as last year, and with fewer buyers competing for it in multiple offer Read More

Further signs of a cooling market are showing up in the San Francisco housing market data. February continued the trend downwards in median sales price for single family homes, dropping 2.4% year-on-year. Condos eked out a 0.87% increase. Another indicator is climbing Days on Market for single family homes, up Read More

As we mentioned here last month, 2018 was probably the start of the leveling off of the very frothy San Francisco housing market. Indeed, January continued the trend downwards in the median sales price for both single family homes and condos, dropping to $1,483,333 and $1,183,333, respectively. There were across Read More