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San Francisco Home Prices, Market Conditions & Trends June 2022

Sales are declining, and the numbers of active listing and price reductions are increasing. But the homes that are selling are still, on average, selling for well over asking: Median sales prices and year-over-year appreciation rates remain high.    

The post San Francisco Home Prices, Market Conditions & Trends June 2022 first appeared on Paragon Specific.

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San Francisco Home Prices, Market Conditions & Trends May 2022

In April 2022, the Bay Area continued to see appreciation, overbidding and days-on-market reflecting extremely intense demand. But sales are a lagging indicator reflecting offers accepted 3-6 weeks earlier, April sales mostly reflect buyers who locked in mortgage rates before …

The post San Francisco Home Prices, Market Conditions & Trends May 2022 first appeared on Paragon Specific.

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San Francisco Home Prices, Market Conditions & Trends April 2022

Soaring interest rates & housing costs; continuing strong demand, low inventory of house listings and high market velocity. Sales were robust in Q1 for all property types, but the supply of house listings in particular was very low. 

The post San Francisco Home Prices, Market Conditions & Trends April 2022 first appeared on Paragon Specific.

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San Francisco Home Prices, Market Conditions & Trends March 2022

So far in 2022, Bay Area real estate markets appear largely unfazed by higher interest rates, volatility in financial markets, and troubling international events. 

The post San Francisco Home Prices, Market Conditions & Trends March 2022 first appeared on Paragon Specific.

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San Francisco Home Prices, Market Conditions & Trends February 2022

2021 was one of the most frenzied real estate markets ever, with buyer demand far exceeding the supply of listings available to buy – and all the usual indicators, including home price appreciation trends, reflected this severe imbalance. As is …

The post San Francisco Home Prices, Market Conditions & Trends February 2022 first appeared on Paragon Specific.

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San Francisco Home Prices, Market Conditions & Trends January 2022

Seasonal fluctuations are common and it’s not unusual for median sales prices to peak for the year in spring Q2. Longer-term trends are more meaningful than short term changes.

The post San Francisco Home Prices, Market Conditions & Trends January 2022 first appeared on Paragon Specific.

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