
SF House Market Report: Summer 2023
Summer was noticeably slower this year, but we saw plenty of competitive offer situations and overbidding in the face of low inventory.
san francisco single-family homes
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.
The house market is stable, but there’s an undercurrent of anxiety among buyers and sellers in the face of higher interest rates and stock market losses.
Higher interest rates and a stock market fizzle dampened September sales.
August single-family home sales saw a year-over-year dip in price, volume and overbidding as buyers pulled back and everyone generally went on vacation.
July was the best indicator yet of where the San Francisco single-family home market stands.
Recent interest rate rises and stock declines don’t seem to be heavily affecting San Francisco’s single-family home market.