Across most of the Bay Area, the severe economic volatility that prevailed in Q2 - and the absence of a meaningful decline in mortgage interest rates - generally caused a significant year-over-year weakening in the spring selling season, usually the most dynamic of the year. However, this did not occur in San Francisco…

Ongoing volatility in political/economic conditions - particularly the plunge in stock markets in April, which affected May home sales - took some of the wind out of the spring real estate market, usually the most dynamic of the year.

District 7 Sales Explosion: Marina/Pacific Heights/Cow Hollow led citywide growth with a 31.4% increase in closed sales, achieving 418 total transactions. This growth rate was 1.7 times higher…

While most of the Bay Area saw significant shifts to more uncertain and uneven markets in April, the SF house market remained characterized by robust demand, though its condo market remained much softer. However, there were indications of increased hesitancy…

It's hard to know what to say regarding the staggering volatility and uncertainty that has recently characterized political and economic conditions, much less predict how they will play out over either the short or long term. As of the week ending April 4th…

Market activity and demand - as defined by listings going into contract, speed of sale, and overbidding of list price - rose in February. Unlike other Bay Area markets, San Francisco has not seen a substantial increase in the number of homes for sale: The inventory of listings has remained relatively stable on a year-over-year basis for the past 4 years.

We began 2025 with the usual new year rebound: The numbers of new listings and of listings going into contract have bounced back from their annual low counts in December, and both are almost certain to rise rapidly as we move further into the year. In the Bay Area, we are already on the cusp of spring, which typically sees the most heated market conditions of the year, and, not unusually, the highest median home sales prices.

San Francisco is taking a major step toward modernizing its public records system with the launch of a free online database containing over 7 million property documents. These records, which date from 1990 to the present, include deeds, liens, reconveyances, and notices of default. Previously, these documents could only be accessed in person at City Hall or through paid services. Now, they’re available to the public at no cost.

Photo by Wesley Tingey on Unsplash

There is a growing sense that in 2023 San Francisco hit its post-pandemic low - economically, socially, and certainly in media coverage - and that it has now begun a significant recovery on all those fronts.

Open house visitor numbers have surged, new listings coming on the market have increased, and the coming soon listings pipeline is filling faster than last year.

Dramatically improving economic indicators suggest a brighter 2024 housing market.