Napa County Real Estate October 2020 Report

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 […]

Napa Real Estate September 2020 Market Report

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 […]

Napa Real Estate August 2020 Market Report

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 […]

Napa County Real Estate Market Rebounds Dramatically July 2020 Report

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 – […]

San Francisco Market Rebounds – July 2020 Report

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 …

Napa County Real Estate Spring 2020 Report

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 […]

San Francisco Real Estate Spring 2020 Report

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 …

Napa Real Estate Market Begins to Bounce Back

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 […]

30+ Years of Bay Area Real Estate Cycles

Below is a look at the past 30+ years of San Francisco Bay Area real estate boom and bust cycles. Financial-market cycles have been around for hundreds of years, from the Dutch tulip mania of the 1600’s through today’s speculative frenzy in digital-currencies. While future cycles will vary in their details, the causes, effects and trend lines are often quite …

San Francisco Real Estate March 2020 Report

There is a lot going on in the world right now and we won’t pretend to know how things will turn out or affect the local real estate market over the next few months. In the meantime, this report will look at the most recent data available, though the impact of the wild volatility in the financial markets and the …

San Francisco Real Estate February 2020 Report

It’s important to note that the Bay Area contains many different markets and market segments, sometimes following diverging trends in supply and demand, and home-price appreciation. Most of the materials in this report reflect overall trends for the entire region. When the data is available we’ve charted longer-term trends since they give much greater context to what the state of …

San Francisco Real Estate January 2020 Report

Generally speaking, after years of high appreciation rates, annual 2019 Bay Area median home prices went down a little bit, went up a little bit or basically remained unchanged as compared to 2018. SF hit new quarterly price highs in spring of 2019 (amid all the IPO excitement), but ended up the year at about flat for houses and a …

San Francisco Real Estate December 2019 Report

When the media reports on the “Bay Area median home price,” it’s worth remembering that SF is a relatively small market compared to the big 3 counties. Appreciation in Very Expensive Markets Based on the calculations of an algorithm created to track long-term price changes, this next chart looks at percentage appreciation since 2012 in the most expensive markets of …

San Francisco Real Estate November 2019 Report

Using six-month-rolling figures for monthly median sales prices smooths out the often meaningless monthly fluctuations to illustrate broad, long-term appreciation trends with more clarity. Home Sales Volume by Month A crystal clear illustration of the role of seasonality in the SF real estate market. Starting in November activity begins to plunge towards the mid-winter nadir. Remember that November sales volumes …