Below you'll find a list of all posts that have been categorized as “Blog”
Pandemic, shelter in place, mass unemployment, terrible financial hardships for many households and small businesses, new ways of working, office buildings empty, people move to less densely populated areas, dreadful fires, an anxious presidential election, interest rates to historic lows, stock markets to new highs, IPO mania breaks out again, vaccines begin to arrive – […]
Pandemic, shelter in place, mass unemployment, terrible financial hardships for many households and small businesses, new ways of working, office buildings empty, people move, rents plunge, dreadful fires, an anxious presidential election, interest rates to historic lows, stock markets to new highs, billionaires decamp to save on taxes, IPO mania breaks out again, vaccines begin to arrive – and the …
Though Covid-19 upended many normal seasonal trends this year, and then the fires added their impacts, the market did begin its typical “holiday season” slowdown in November – however activity remained well above levels of last year. It is unknown how the latest pandemic circumstances may affect the market in December, which is usually by […]
Though the pandemic upended many normal seasonal trends this year, the market did begin its typical “holiday season” slowdown in November – however activity remained well above levels of last year. It is unknown how the latest Covid-19 circumstances may affect the market in December, which is usually by far the slowest month of the year. More importantly, we hope …
The long-term median sales price chart below is similar to those for counties around the Bay Area – a significant spike in median house prices since the pandemic struck in early spring. As mentioned before, recent jumps in median house prices have been driven not only by appreciation in fair market values, but by large […]
SF house and condo markets have been affected differently by the pandemic. This report attempts a deeper dive into the data across the city and within different city districts. The market typically starts a big slowdown in mid-November, running through the mid-winter holidays, until it begins to wake up in mid-January. High-price segments normally see the most dramatic plunges in …
SF house and condo markets have been affected differently by the pandemic. This report attempts a deeper dive into the data across the city and within different city districts. The market typically starts a big slowdown in mid-November, running through the mid-winter holidays, until it begins to wake up in mid-January. High-price segments normally see the most dramatic plunges in …
Our hearts go out to so many of our friends and neighbors grievously affected by these terrible fires, and our gratitude is too deep for words to those fighting the fires and assisting those needing help. We continue to issue market reports during these times of such difficulty simply because there are still people who […]
The table below compares Q3 statistics across 5 years. Since the dynamics of the SF house and condo markets have significantly diverged since the pandemic struck – the condo market has been weaker – we broke some of the 2020 stats out separately in the table, and then in some of the charts following. The inventory of condo listings on …
The table below compares Q3 statistics across 5 years. Since the dynamics of the SF house and condo markets have significantly diverged since the pandemic struck – the condo market has been weaker – we broke some of the 2020 stats out separately in the table, and then in some of the charts following. The inventory of condo listings on …
In the context of the terrible fires we’ve seen in recent weeks, a real estate report may seem trivial, but we have clients still trying to make buying and selling decisions, and we feel it remains our job to try to deliver straightforward data on the market. The first chart: Comparing the second week of […]
Despite the terrible fires, SF had a very active month in listings going into contract in August, hitting a high point for the year and matching the high points of recent years. Surprisingly, the fires did not significantly impact the number of deals being made in most Bay Area counties during the last 2 weeks of the month – the …
Despite the terrible fires, SF had a very active month in listings going into contract in August, hitting a high point for the year and matching the high points of recent years. Surprisingly, the fires did not significantly impact the number of deals being made in most Bay Area counties during the last 2 weeks of the month – the …
Because the county does not have that many sales in any given month and its range of sales prices is so wide, Napa’s monthly median sales price is prone to anomalous fluctuations. Which is why we prefer the 6-month rolling average used in the chart below. However, for what it is worth, the Napa County […]
As illustrated below, the San Francisco market currently reflects a variety of both positive and negative indicators. Among Bay Area markets, the city is seeing the softest recovery from the initial shelter-in-place plunge in activity in early spring, while some other counties – less expensive, more suburban or rural – are experiencing extremely high demand. (See table near the end …
As illustrated below, the San Francisco market currently reflects a variety of both positive and negative indicators. Among Bay Area markets, the city is seeing the softest recovery from the initial shelter-in-place plunge in activity in early spring, while some other counties – less expensive, more suburban or rural – are experiencing extremely high demand. (See table near the end …
Despite the ongoing health and economic crisis precipitated by COVID-19, the Napa County real estate market staged a remarkable recovery from the steep year-over-year declines in March and April. Demand for high-end homes, in particular, has been very strong across the Wine Country and, indeed, the Bay Area as a whole. More affluent buyers – […]
Despite the ongoing health and economic crisis precipitated by COVID-19, the SF real estate market made a large recovery from the steep declines in March and April. The SF median house price hit a new monthly high in June ($1,800,000), and high-end houses, in particular, have seen very strong demand – this applies to virtually every market in the Bay …
Despite the ongoing health and economic crisis precipitated by COVID-19, the SF real estate market made a large recovery from the steep declines in March and April. The SF median house price hit a new monthly high in June ($1,800,000), and high-end houses, in particular, have seen very strong demand – this applies to virtually every market in the Bay …
Supply & demand statistics, sales and values by city, the luxury home market, and the dwindling effects of COVID-19 June 2020 Depending on the statistic, analyses will reflect Napa County alone or the combined markets of Napa and Sonoma Counties. Generally speaking, market activity – as measured by the number of listings going into contract […]
Supply & demand statistics, median sales price trends, sales and values by city district, the luxury home market, and the ongoing effects of COVID-19 June 2020 Generally speaking, market activity – as measured by the number of listings going into contract – continued to pick up rapidly in May, bouncing back from the steep plunge following the first shelter in …
Supply & demand statistics, median sales price trends, sales and values by city district, the luxury home market, and the ongoing effects of COVID-19 June 2020 Generally speaking, market activity – as measured by the number of listings going into contract – continued to pick up rapidly in May, bouncing back from the steep plunge following the first shelter in …
Shelter-in-place caused steep drops in activity across the board in what is typically the beginning of the busy spring and summer selling seasons. However, though still well below normal levels, activity has been picking up since bottoming out in late March/early April, and will presumably continue to do so with the easing of both shelter-in-place […]
May 2020 Crisis Update. Market activity begins to tick up after severe shelter-in-place plunge. Median home sales prices are up. Interest rates hit new low. Shelter-in-place caused steep drops in activity across the board in what is typically the busiest selling season of the year. However, though still far below normal levels, activity has been picking up since bottoming out …
