
SF House Market Report: May 2023
San Francisco single-family home sales continued on their upward trajectory in May—good news for what’s typically the peak time of year for the real estate market here.
house sales san francisco
San Francisco single-family home sales continued on their upward trajectory in May—good news for what’s typically the peak time of year for the real estate market here.
The ongoing interest rate hikes and tech layoffs may be dampening buyers’ enthusiasm for throwing money at houses.
Buyers welcomed Spring and moved ahead with big purchases in March, breaking out of the gate and leaving the previous few months of sluggish activity in the dust.
The San Francisco single-family house market got a boost in February, with a median price that edged up and a decent showing of closed sales.
January started out quietly, but picked up speed around the middle of the month with the return of offer dates and multiple offers on many single-family homes.
The single-familly home market exited 2022 with record low volume and a year-over-year median price decline.