San Francisco Market Update – Nov ’21 Numbers

January 7, 2022

San Francisco Market Update – Nov ’21 Numbers
The economy is improving, unemployment is falling, and the U.S. real estate market remains strong as we head into the holiday season, a period when activity typically slows as people take time to travel, celebrate, and spend time with loved ones. Although the market is not as frenetic as was seen earlier this year, buyer demand is high, bolstered by attractive mortgage rates and a low supply of inventory.
 
text
 
The most recent data from the National Association of REALTORS® reports the median single-family existing home sales price rose 16% in the third quarter of this year to $363,700, with all four regions of the country experiencing double-digit price growth. In new construction, builder confidence increased in November, surpassing analyst expectations and rising to 83 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), the highest level since spring, despite persistent labor and supply chain challenges and a shortage of available lots.
 

Recent Blog Posts

Stay up to date on the latest real estate trends.

Pacific Heights San Francisco Market Update

November 21, 2023

In the last 4 weeks, there have been 0 single family home sales in San Francisco's Pacific Heights neighborhood. Out of the 29 active listings, the listings range in p… Read more

Bernal Heights Real Estate Market Update

November 21, 2023

In the last two weeks, there have been 7 home sales in San Francisco's Bernal Heights neighborhood. Closed listings range in price from $1,230,000 to $3,900,000. The c… Read more

Sunset District Real Estate Market Update

November 21, 2023

In the last two weeks, there have been 15 home sales in the Sunset District. Closed listings range in price from $1,030,000 to $2,880,000. The closed listings had a me… Read more

Noe Valley San Francisco Market Update

November 21, 2023

In the last two weeks, 4 homes closed in San Francisco's Noe Valley neighborhood. Closed listings range in price from $1,600,000 to $1,935,000. The closed listings had… Read more

A Gourmet Guide to Pacific Heights' Grocery Stores

November 20, 2023

Welcome to Pacific Heights, where the shopping carts are as diverse as the neighborhood itself. Whether you're a local foodie or just visiting, here's a guide to the t… Read more

Best ROI Home Improvements for Your Home

November 20, 2023

Maximizing Your Investment: Top Home Improvement Projects with the Best ROI.

Everything You Need to Know About Getting Your Home Inspected Before Selling in the Sunset District

November 14, 2023

Selling a home in San Francisco, a city known for its iconic architecture and dynamic real estate market, requires a savvy approach to navigate its unique challenges a… Read more

Noe Valley San Francisco Market Update

November 7, 2023

In the last two weeks, 10 homes closed in San Francisco's Noe Valley neighborhood. Closed listings range in price from $1,369,888 to $7,000,000. The closed listings ha… Read more

Sunset District Real Estate Market Update

November 7, 2023

In the last two weeks, there have been 14 home sales in the Sunset District. Closed listings range in price from $950,000 to $2,325,000. The closed listings had a medi… Read more

Let's Talk

You’ve got questions and we can’t wait to answer them.