Category archive - Blog

Weekend: Nov 30 – Dec 1, 2019

This weekend has lots of great things to do for free and on the cheap. From the Pottery Holiday Show & Open Studios in Berkeley, to the World AIDS Day Candlelight Vigil. The events below will help you fill your calendar with fun!

View even more events here.

Weekend: Nov 23 – Nov 24, 2019

This weekend has lots of great things to do for free and on the cheap. From the Mt. Tam “Day of Thanks” Volunteering Party, to the Holiday Bazaar: 50+ Makers, Raffle & DIY Crafts in Mountain View. The events below will help you fill your calendar with fun!

View even more events here.

Weekend: Nov 16 – Nov 17, 2019

This weekend offers many fun things to do for free and on the cheap. From the “Santa’s Village” Holiday Window Displays in Palo Alto, to the San Mateo Harvest Festival to the Renegade Winter Craft Fair Market featuring 200+ Makers at Fort Mason. The events below will help you fill your calendar with fun!

View even more events here.

San Francisco Real Estate November 2019 Report

Using six-month-rolling figures for monthly median sales prices smooths out the often meaningless monthly fluctuations to illustrate broad, long-term appreciation trends with more clarity.

Home Sales Volume by Month

A crystal clear illustration of the role of seasonality in the SF real estate market. Starting in November activity begins to plunge towards the mid-winter nadir. Remember that November sales volumes mostly reflect October accepted-offer activity. Market activity hits bottom in December, which makes January the month with the lowest sales volume.

Home Sales & Median Prices by District
HOUSE Sales & Median Sales Prices

Note that districts often include neighborhoods of varying values and that the district median sales prices quoted reflect combined sales. Median prices are broad generalities useful for comparative values and home-price trends, but how they apply to any particular home is unknown without a specific comparative market analysis.

Median sales prices broken out by neighborhood, property type and bedroom count are also available upon request.

Condo, Co-op & TIC Sales by District
2-BR, 2-BA Condo Median Sales Prices

Luxury Home Sales

Sales of homes of $3 million and above in October were a little below the number in October 2018, but looking at September-October sales, there were gains over same-period sales in 2016, 2017 and 2018.

Sales vs. Listings for Sale by Price Segment

Market Dynamics by Property Type & Price Segment

Location is, of course, always important in real estate value – within the the city and within the neighborhood – but to a large degree, market dynamics within San Francisco are also determined by the property type and the price segment. And individual neighborhoods and districts will usually have homes in several or even all of the price segments broken out in the 3 charts below, with these segments seeing differing supply and demand conditions.

Generally speaking, demand is stronger and supply is lower (as compared to demand) for houses over condos. For both houses and condos, market dynamics are somewhat softer in the higher price segments, especially above the $3 million price threshold for condos, and in the $5 million+ price segment for houses.

People Moving in & out of CA in 2018

According to new census estimates, approx. 501,000 people from other states moved to CA in 2018, while 691,000 Californians relocated to other states – a net loss of 190,000. In addition, an estimated 284,000 foreign nationals moved into CA from outside the country. (Foreign out-migration numbers are not available.)

The top states for out-migration are Texas, Arizona, Washington, Nevada & Oregon, states with high-tech centers of their own and/or no state income taxes, and/or significantly lower housing costs – thus attracting working residents, local businesses, and retirees. Updated Bay Area figures are not yet available, though migration trends here have generally paralleled state trends in recent years.

Sales Without Price Reductions & Withdrawn (No-Sale) Listings

The following 2 charts illustrate both year-over-year changes in market conditions and the role of seasonality within the calendar year.

Last year saw a big jump in the number of listings pulled off the market without selling in December – this was a particularly volatile time in financial markets and interest rates were relatively high. The situation with both of those factors has changed dramatically in 2019, but it is too early to see how that will affect the number of listings withdrawn in the last 2 months of this year.

Weekend: Nov 9 – Nov 10, 2019

This weekend has lots of great things to do for free and on the cheap. From Free Union Square Ice Skating Lessons, to the Holiday Artisan Fair at the de Young Museum to “Bayview Business Day” Street Fest. The events below will help you fill your calendar with fun!

View even more events here.

Weekend: Nov 2 – Nov 3, 2019

This weekend has lots of great things to do for free and on the cheap. From the Sick Plant Clinic at the UC Berkeley Botanical Garden, to the the San Francisco Coffee Festival at Fort Mason. The events below will help you fill your calendar with fun!

View even more events here.

Weekend: Oct 26 – Oct 27, 2019

This weekend has lots of great things to do for free and on the cheap. From the World Veg Festival in Golden Gate Park, to the Chinatown Halloween Neighborhood Festival to the Fall Harvest Artisan Food Festival in Nob Hill. The events below will help you fill your calendar with fun!

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Weekend: Oct 19 – Oct 20, 2019

This weekend has lots of great things to do for free and on the cheap. From adopting a furry new family member at Jack London Square from the SPCA, to the Indonesian Day Festival to 1880’s Vintage Baseball. The events below will help you fill your calendar with fun!

View even more events here.

Weekend: Oct 12 – Oct 13, 2019

This weekend has lots of great things to do for free and on the cheap. From the Free Fleet Week Ship Tours at Pier 19 + Pier 30/32, to the the Weekend Along the Farm Trails in Sonoma County to the EV Week 2019: Electric Vehicle Festival & Expo. The events below will help you fill your calendar with fun!

View even more events here.