Updated S&P Case-Shiller Home Price Index San Francisco
This chart illustrates a general trend in the Bay Area: more affordable market segments have continued to be very hot since spring, while more expensive segments have basically plateaued:
This chart illustrates a general trend in the Bay Area: more affordable market segments have continued to be very hot since spring, while more expensive segments have basically plateaued:
Thinking about the market, it seemed that lower-priced home sales (especially houses) were still quite hot and sales under $1 million were clearly decreasing in volume as prices rose in more affordable areas. And sales of higher priced homes were decreasing as that segment cooled off, which would suggest that sales between $1m and $2m […]
Interesting stats with regard to homes over $2 million sold in San Francisco: 6-16-YTD_Percent_Change_Lux-Home_Percent-Market_Share
A snapshot of one corner of the market. These Broker Metrics charts are all specific to condos in South Beach, Yerba Buena and Mission Bay of $1.5m and above. It’s based on MLS data, so they do not include listings and sales at Lumina. This area has, over recent years, become the leader in lux-condo […]
Looking at market statistics for Q1, this is what I’m seeing: houses under $2m: the market is as hot as ever; houses over $2m cooling a little; condos under $1.5m definitely cooling (probably most in D9 with competition from new projects); condos over $1.5m cooling down very significantly (especially in D9, and the general South […]
This chart gives an exceedingly clear illustration of the seasonality of home price appreciation over the past 4 years. Summer/autumn plateau in 2015? It’s happened to a large degree every year since 2012. We won’t really know where the market is headed next until we see what happens in early spring 2016. (Barring some large, […]
A look at San Francisco Bay Area housing affordability trends over time and how they intersect with real estate market corrections: The 2008 San Francisco Bay Area real estate crash was not caused just by a local affordability crisis: It was triggered by macro-economic events in financial markets which affected real estate markets across the […]
The really big jumps in median 3-BR house prices over last year occurred in the mid-price neighborhoods like Bernal Heights, Glen Park and Miraloma Park. The most expensive neighborhoods, such as Pacific Heights and Presidio Heights don’t have enough 3-BR house sales to put on the chart.