luxury real estate

San Francisco Bay Area Real Estate Cycles

Bay Area Case-Shiller Index readings bumped up across the board in May 2015, as delineated in the reports released recently. Last year after its own torrid spring selling season, prices basically plateaued from May through December 2014, before soaring again in early 2015 (see first chart below). We shall see if that happens again through […]

Paragon In The San Francisco LuxHome Market

Attached are 4 updated charts pertaining to Paragon’s performance in the SF luxury home market. I’ve also attached lists of our condo sales of $2m+ and house sales of $2.5m+ for the past 2 years. YTD, Paragon’s sales of homes of $3m and above has increased by 141% year over year:

Median Sales Price and Affordability Index for San Francisco!

What’s Causing San Francisco Listing Inventory to be Low?

Lately, there have been articles everywhere about the reasons by sellers aren’t selling which is creating the drastically low inventory situation. Some of these reasons, we believe, do play a role and many do not. What is rarely mentioned is that by far the biggest factor behind declining inventory, i.e. the choice a buyer has […]

Here Is What Luxury Home Sales Are Doing in 2 San Francisco Areas

“High-Tier” Home Price Index

Nationally, the Case-Shiller Index ticked down a tiny bit in November, but the SF Metro Area ticked up a tiny bit. Probably neither change is statistically relevant and we should simply say, according to C-S, that Bay Area prices remained flat month over month, and indeed have remained basically flat since the end of the […]

San Francisco New Construction Coming!

We boiled down the brand new 36-page SF Planning Dept. Pipeline Report – for both residential and commercial projects – into a “Highlights” report, and the PDF is attached. The bullet points are worth a browse. This first chart is straight from the city’s report. Almost 7000 residential units are currently under construction – including […]

New Case-Shiller: Bay Area Home Prices Tick Up a Little

After the feverish spring 2014 market, home prices in the high-price tier – which applies best to San Francisco and Marin counties – flattened and then ticked down a little, while more affordable home segments continued to tick up: It’s not unusual for the market to cool off and plateau during the summer months. The […]

How Does San Francisco Spend Their Money?

The New York Times had an interesting analysis of how people spend money on discretionary or status items in different metro areas as compared to the national average. I thought it would be fun to pull out the Bay Area metro data:

We Are At It Again!

This chart shows the top 6 residential brokerages in San Francisco. Paragon is the only one to increase its number of MLS transactions year over year. (For the period, Paragon and CB are basically tied for 3rd place for number of sales behind Zephyr and PU.)

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