Monthly archive - January 2020

Weekend: Feb 1 – Feb 2, 2020

This weekend offers many fun things to do for free and on the cheap. From Annual Magnolia Bloom at the SF Botanical Garden, to the Guided Trail & Nature Walk in Golden Gate Park to Lunar New Year Fest in Redwood City. The events below will help you fill your calendar with fun!

View even more events here.

Weekend: Jan 25 – Jan 26, 2020

This weekend has lots of great things to do for free and on the cheap. From the Golden Gate Kennel Club Dog Show, to the Civil War Living History Day to the San Francisco City Job Fair in Golden Gate Park. The events below will help you fill your calendar with fun!

View even more events here.

Weekend: Jan 18 – Jan 19, 2020

This weekend has lots of great things to do for free and on the cheap. From the Chinese New Year Flower Fair, to the Dance Hack Festival to the Women’s March in Oakland. The events below will help you fill your calendar with fun!

View even more events here.

San Francisco Real Estate January 2020 Report

Generally speaking, after years of high appreciation rates, annual 2019 Bay Area median home prices went down a little bit, went up a little bit or basically remained unchanged as compared to 2018. SF hit new quarterly price highs in spring of 2019 (amid all the IPO excitement), but ended up the year at about flat for houses and a little up for condos. (Since there has been so much new luxury condo construction in recent years, year-over-year median price comparisons may not be exactly apples to apples.)

For 2020, economist Ken Rosen at UC Berkeley has said he expects the Bay Area median price to remain basically flat, within a general range of up or down 2% – in other words, similar to what happened last year. We can’t predict the future, but that certainly doesn’t sound unreasonable, and happily avoids the sensationalism of many other media-grabbing forecasts.

One of the big factors in SF house price appreciation since 2012 has been that fewer house owners are selling (dark green portion of chart below). If demand increases, but supply drops, that puts upward pressure on prices. Overall, house prices have out-appreciated condos over the past 7 years due to 2 factors: All the new condo construction and the fact that condo owners sell their homes more often than house owners. Both those factors increase supply to help meet increased demand.

San Francisco Home Prices by Neighborhood

Below are just two of the tables in our much longer analysis of home prices by property type and bedroom count for every neighborhood in the city. If you’d like the complete report, contact your Compass agent.

San Francisco Luxury Home
Markets by District

Economic Factors Affecting
Real Estate Markets

Weekend: Jan 11 – Jan 12, 2020

This weekend has lots of great things to do for free and on the cheap. From the Annual Fungus Fair in Santa Cruz, to the “How-To” Festival in Napa to San Francisco Tape Music Festival. The events below will help you fill your calendar with fun!

View even more events here.