S.F. Peninsula Real Estate Report for May 2020
The real estate market remained fairly stable from April to May on the Peninsula with fluctuations ranging from -1% to -7.7% except for Menlo Park where the decrease was 18.3%. Here are some other statistics you might find interesting: Belmont: Average sales price- $1,688,777 (-7.7%) Average days on market- 22 Price received was 3% more […]
Read moreHas Recent Circumstances Inspired You to Remodel?
Certainly, the current shelter-in place pandemic is causing many of us to see our homes in a new light. Working and schooling from home, and just spending more time at home than we used to will have an impact on how we view our present home design and layout. With more than two months of […]
Read moreWorking from Home May Trigger a Demographic Shift
The move to remote work caused by the coronavirus is expected to hasten the exodus from expensive coastal cities to more moderately priced remote communities. A new survey conducted by Redfin found that once this shut-down ends, over half of respondents would move if they never had to go into the office again. “Redfin is […]
Read moreSan Francisco Real Estate Report for April 2020
What happened to the San Francisco real estate market in last month? These statistics offer an overall picture of the fluctuations: For single family homes: Average sales price: $2,350,530 (-$252,089 from March) Average days on market: 22 Inventory: 194 Pending sales as of May 5: 192 Single Family homes sold: 99 All properties sold: 227 […]
Read moreSteps to Buying a Home in the Bay Area
Even with the self-distancing limitations we face today in the San Francisco Bay Area, you can still be considering real estate investments and preparing for homeownership. When you finally make the decision to invest in your first home, it can be terrifying. Where to begin? What to do first? Here is some solid advice from […]
Read moreThe San Francisco Real Estate Story for March
While there was a substantial change in the trajectory of the real estate market after the middle of March because of the stay-in-place order that was enforced, there were still some hopeful statistics to be found. Here are some of the numbers relative to the whole month: Inventory of properties for sale as of April […]
Read moreThe ABCs of the Tiny House
Exactly what is the definition of a “tiny house”? According to the International Code Council (ICC): “A dwelling that is 400 square feet or less in floor area excluding lofts.” What advantages does this definition give the everyday user? Several, among them include the following: When dealing with your municipality’s Building and Planning Department, it […]
Read moreIs The Housing Inventory Vanishing?
The apparent problem facing the real estate industry in 2020 remains the lack of residential properties for sale. A recent industry report shows that 2020 began with the lowest available housing inventory in two years. The decline stretches across all price points from the lowest to the highest. What does this mean to you if […]
Read moreWhat Happened With San Francisco and the Peninsula Real Estate?
According to one of the recent reports on the real estate market in San Francisco, the average sale price in September for a single-family home was $2,091,655, an increase of $251,312 over August. The average days on the market was 28. The inventory of properties for sale in San Francisco as of October 5, 2019 […]
Read moreNovember’s Real Estate Market in San Francisco
Once again, the numbers continue to astound us. While we think they can’t get much higher, they do! Let’s look at the statistics for December verses November: Average sales price single family: $1,995,413 (increase over October $66,890) Average days on market: 24 Average sales price for condo: $1,330,776 (decrease over October $115,762) Average days on […]
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