SF House Market Rolls Through Fall 2024
The San Francisco single-family home market is barreling through the fall, with few weak spots despite higher interest rates and an unpredictable new presidential administration.
san francisco single-family homes
The San Francisco single-family home market is barreling through the fall, with few weak spots despite higher interest rates and an unpredictable new presidential administration.
The San Francisco house market was stable this summer, with buyer and seller activity holding steady in July and August.
Single-family home buyers weren’t shy about throwing money at houses in the second quarter. Overbidding was the norm and inventory remained limited.
The first quarter of 2024 kicked off a mixed bag of activity across the San Francisco house market.
The single-family home market settled down in Q4 2023, and we finished the year at respectable volume and median price levels.
Big overbids, properties sitting on the market and a luxury market liftoff contributed to a mixed-bag month.
Transactions are harder these days, and there aren’t enough able and willing buyers for all our high-priced inventory.
Summer was noticeably slower this year, but we saw plenty of competitive offer situations and overbidding in the face of low inventory.
June house sales were a direct reflection of a busy spring market. Here’s the latest on how this segment of the market did last month.
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.