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San Francisco Bay Area Market December 2020 Update

San Francisco Bay Area Market December 2020 Update

"Winter is coming" no longer carries the same chill as it did as Jon Snow famously said it in Game of Thornes. This winter, the real estate market is not cold at all, at least not for single family homes. Our clients took a short break during the Christmas-New Year and came right back into [...]
San Francisco Bay Area Market November 2020 Update

San Francisco Bay Area Market November 2020 Update

Do people still care about winter real estate prices? Well, the data shows that people do, as evidenced by the fact that you are also reading this post. Let's dive into the numbers. Various markets' prices are holding up from October, while most markets saw a drop in sales quantity. This is a sign of [...]
San Francisco Bay Area Market October 2020 Update

San Francisco Bay Area Market October 2020 Update

Looking at the home prices of October, it's as if bay area home buyers weren't deterred by the uncertainty of presidential election. Median home prices generally see a substantial increase from 5% to 17% year-to-year, consistent with the previous month's. In terms of the winter inventory, California Association of Realtors reported the demand outpaced the [...]
San Francisco Bay Area Market September 2020 Update

San Francisco Bay Area Market September 2020 Update

We are set to expect a warmer than normal winter for the real estate market. Traditionally, real estate activities in the November, December and January months are about 1/4 of the normal months. This year is different. Based on the September and the other forward looking indicator, we expecting the winter months to have 50%-60% [...]
San Francisco Bay Area Market August 2020 Update

San Francisco Bay Area Market August 2020 Update

As we roll into September, the bay area August sales data continue last month's trend - single families are selling higher and seller while condos are selling lower and lower. There is nothing too interesting going on. In the same period, a single family listing may get 30 showings in 3 days of hitting market [...]