San Francisco market report highlights for April 2021. Active listings are slowing from their Covid-induced high. Buyer demand is increasing and the percentage of properties going over ask is creeping back up.
Typically demand precedes supply at the beginning of the year, accelerating into spring. This demand imbalance is even stronger this year as buyers have poured back into the market.
San Francisco real estate sales surge at end of 2020. High demand gets 2021 off to heated start.
January continues the uneven recovery for the San Francisco housing market with prices for single family homes rising while condo prices continue to fall.
We're starting to see the traditional Q4 slowdown take hold. But, active listings are still far above their normal pace. Learn more.
San Francisco real estate sales have rebounded from the start of the pandemic with October 2020 sales outpacing that of October 2019. Learn more.
Condo listings have been soaring and price reductions have followed the increase in inventory. Home sales are still strong. Learn more.
August sales hit a 5-month high and matched historic high points. Overall, the increase in listings has outpaced the increase in listings going into contract.
Market forces have split the condo & home markets in SF. While the home sales are still failry strong, the condo sales are moving into a buyer's market.
After taking a beating in March through April, the San Francisco real estate market appears to have recovered substantially. The SF median home price hit a new monthly high in June at $1,800,000. The market for high-end homes in particular is showing resilience likely due to this demographic being less affected by layoffs, and their greater financial resources.
