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Fatemah Nikchehi - April 2024 Market Report | San Francisco Bay Area - 10 Districts Data

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San Francisco Bay Area

10DistrictsData

District 1

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District 2

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District 3

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District 4

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District 5

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Jump to District 9 District 9

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What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

WhyOverpricingYourHouse CanCostYou

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.

But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run.

The Downside of Overpricing Your House

The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s going to make the biggest first impression. And, if it’s priced too high, you may turn people away.

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WHAT YOU DON’T EXPECT

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Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

View it here

Sage Green

View it here

Eight Colrs fo Laundry

White

View it here

Yellow

View it here

Gray

View it here

Dusty Pink

View it here

View it here

Navy Blue Purple

View it here

Create a tranquil laundry space with Benjamin Moore's Beach Glass Its light blue shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.

Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection.

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn or Upbeat bring warmth and optimism, while Pearly White offers a mellow option a yellow-based white that brings a perfect harmony of vibrancy and calmness

Gray remains a top choice for laundry room walls, providing a timeless and serene backdrop A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.

Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere

Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.

Dare to take a style risk in your laundry room with a pop of color Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.

Source : https://www familyhandyman com/list/laundry-room-colors/

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VENDOR DIRECTORY

When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.

amily Homes

ntory

19 Sold Listings

$2M Median Sale Price

3% s List

26 Avg Days on Market

from InfoSparks, includes all single-family homes, condos and California Area above from March 2023 to March 2024. This may data, and may vary from the time the data was gathered. All data is not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

Condo & To 8

New Listings

1.8 Months of Inventory $ M 99.1%

Median Sale vs List Av

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 7m last March 2023, to $2 02m as of March 2024

Condos & Townhomes

The median sale price has increased from $1 15m last March 2023, to $1 23m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 25 days last March 2023, to 26 days as of March 2024

Condos & Townhomes

The average time spent on the market went up from 31 days in March 2023, to 54 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 8% last March 2023, to 112 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.5% last March 2023, to 99.1% a year later.

District2

What's in the District 2 data?

There were 28 single-family homes for sale, providing 0.9 months of inventory. There were 32 new listings, and 28 homes sold at a median price of $1.5m. The median overbid percentage was at 115.3%, with an average of 21 days on the market.

There were 6 condo and townhome units for sale, providing 2.9 months of inventory. There were 5 new listings and 2 units sold at a median sale price of $1.3m. The median overbid percentage was at 104.5%, with an average of 19 days on the market.

Single-Family Homes

32 New Listings

28 Sold Listings

0.9 Months of Inventory

$1.5M Median Sale Price

115.3%

Median Sale vs List

21 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2023 to March 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

Condo & Townhomes

5

New Listings

2 Sold Listings

2.9

Months of Inventory

$1.3M

Median Sale Price

104.5%

Median Sale vs List

19 Avg Days on Market

District2

MARCH 2023 - MARCH 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 6m last March 2023, to $1 55m as of March 2024

Condos & Townhomes

The median sale price has increased from $925k last March 2023, to $1 35m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last March 2023, to 21 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 28 days in March 2023, to 19 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 109 7% last March 2023, to 115 3% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last March 2023, to 104.5% a year later.

District3

What's in the District 3 data?

There were 12 single-family homes for sale, providing 1 month of inventory. There were 15 new listings, and 13 homes sold at a median price of $1.5m. The median overbid percentage was at 112.4%, with an average of 26 days on the market.

There were 3 condo and townhome units for sale, providing 1.4 months of inventory. There were 2 new listings and 2 units sold at a median sale price of $678k. The median overbid percentage was at 103.1%, with an average of 16 days on the market.

Single-Family Homes

15 New Listings

13 Sold Listings

1 Month of Inventory

$1.5M Median Sale Price

112.4%

Median Sale vs List

26 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2023 to March 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

2

New Listings

2 Sold Listings

1.4

Months of Inventory

$678K

Median Sale Price

103.1%

Median Sale vs List

16 Avg Days on Market

MARCH 2023 - MARCH 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 21m last March 2023, to $1 55m as of March 2024

Condos & Townhomes

The median sale price has increased from $585k last March 2023, to $678k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 34 days last March 2023, to 26 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 54 days in March 2023, to 16 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 9% last March 2023, to 112 4% a year later

Condos & Townhomes

The overbid percentage has increased from 99.2% last March 2023, to 103.1% a year later.

District4

What's in the District 4 data?

There were 22 single-family homes for sale, providing 1 month of inventory. There were 36 new listings, and 23 homes sold at a median price of $1.9m. The median overbid percentage was at 110.1%, with an average of 17 days on the market.

There were 8 condo and townhome units for sale, providing 1.7 months of inventory. There were 10 new listings and 3 units sold at a median sale price of $823k. The median overbid percentage was at 96%, with an average of 71 days on the market.

Single-Family Homes

36 New Listings

23 Sold Listings

1 Month of Inventory

$1.9M

Median Sale Price

110.1%

Median Sale vs List

17 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2023 to March 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

Condo & Townhomes

10

New Listings

3 Sold Listings

1.7

Months of Inventory

$823K

Median Sale Price 96%

Median Sale vs List 71 Avg Days on Market

MARCH 2023 - MARCH 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last March 2023, to $1 95m as of March 2024

Condos & Townhomes

The median sale price has decreased from $1 14m last March 2023, to $823k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last March 2023, to 17 days as of March 2024

Condos & Townhomes

The average time spent on the market went up from 21 days in March 2023, to 71 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 7% last March 2023, to 110 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.2% last March 2023, to 96% a year later.

District5

What's in the District 5 data?

There were 36 single-family homes for sale, providing 1.6 months of inventory. There were 38 new listings, and 26 homes sold at a median price of $2.6m. The median overbid percentage was at 106.6%, with an average of 41 days on the market.

There were 38 condo and townhome units for sale, providing 1.5 months of inventory. There were 35 new listings and 31 units sold at a median sale price of $1.3m. The median overbid percentage was at 105.7%, with an average of 24 days on the market.

Single-Family Homes

38 New Listings

26 Sold Listings

1.6 Months of Inventory

$2.6M Median Sale Price

106.6%

Median Sale vs List

41 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2023 to March 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

35

New Listings

31 Sold Listings

1.5

Months of Inventory

$1.3M Median Sale Price

105.7%

Median Sale vs List

24 Avg Days on Market

MARCH 2023 - MARCH 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year LISTINGS FOR SALE

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 6m last March 2023, to $2 69m as of March 2024

Condos & Townhomes

The median sale price has decreased from $1 59m last March 2023, to $1 37m as of March 2024

$3,500,000

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 30 days last March 2023, to 41 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 32 days in March 2023, to 24 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 105 2% last March 2023, to 106 6% a year later

Condos & Townhomes

The overbid percentage has increased from 101.5% last March 2023, to 105.7% a year later.

District6

What's in the District 6 data?

There were 2 single-family homes for sale, providing 0.6 months of inventory. There were 0 new listings, and 2 homes sold at a median price of $4m. The median overbid percentage was at 102%, with an average of 6 days on the market.

There were 35 condo and townhome units for sale, providing 2.4 months of inventory. There were 24 new listings and 11 units sold at a median sale price of $1.2m. The median overbid percentage was at 100%, with an average of 20 days on the market.

Single-Family Homes

0 New Listings

2 Sold Listings

0.6 Months of Inventory

$4M Median Sale Price

102%

Median Sale vs List

6 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2023 to March 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

Condo & Townhomes

24

New Listings

11 Sold Listings

2.4

Months of Inventory

$1.2M

Median Sale Price

100%

Median Sale vs List

20 Avg Days on Market

District6

MARCH 2023 - MARCH 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $0 last March 2023, to $4 05m as of March 2024

Condos & Townhomes

The median sale price has decreased from $1 51m last March 2023, to $1 29m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 0 days last March 2023, to 6 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 40 days in March 2023, to 20 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 0% last March 2023, to 102% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.2% last March 2023, to 100% a year later.

District

What's in the Distr

There were 40 single-family providing 4.2 months of inve new listings, and 11 homes s of $4.3m. The median overb 100%, with an average of 22

There were 52 condo and tow sale, providing 2.9 months o were 36 new listings and 17 sale price of $1.5m. The med percentage was at 100%, wit days on the market.

22 New Listings

4.2 Months of Inventory

100%

Median Sale vs List

11 Sold Listings

$4.3M

Median Sale Price

22 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2023 to March 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

Condo

36

New Listings

17

Sold Listings

2.9

Months of Inventory $1.5M

100%

Median Sale vs List

Median Sale Price

48 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $4 42m last March 2023, to $4 35m as of March 2024

Condos & Townhomes

The median sale price has increased from $1 32m last March 2023, to $1 59m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 57 days last March 2023, to 22 days as of March 2024

Condos & Townhomes

The average time spent on the market went up from 39 days in March 2023, to 48 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 3% last March 2023, to 100% a year later

Condos & Townhomes

The overbid percentage has increased from 98.4% last March 2023, to 100% a year later.

District8

What's in the District 8 data?

TThere were 6 single-family homes for sale, providing 2.6 months of inventory. There were 4 new listings, and 5 homes sold at a median price of $1.2m. The median overbid percentage was at 95.9%, with an average of 24 days on the market.

There were 141 condo and townhome units for sale, providing 4.4 months of inventory. There were 66 new listings and 31 units sold at a median sale price of $1.2m. The median overbid percentage was at 98%, with an average of 54 days on the market.

4 New Listings

2.6 Months of Inventory

5 Sold Listings

$1.2M

Median Sale Price

95.9%

Median Sale vs List

24 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2023 to March 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

66

New Listings

31 Sold Listings

4.4

Months of Inventory $1.2M Median Sale Price 98%

Median Sale vs List 54 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $6 02m last March 2023, to $1 29m as of March 2024

Condos & Townhomes

$7,000,000

$6,000,000

$5,000,000

$4,000,000

The median sale price has increased from $960k last March 2023, to $1 26m as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 189 days last March 2023, to 24 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 72 days in March 2023, to 54 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 96 6% last March 2023, to 95 9% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last March 2023, to 98% a year later.

District9

What's in the District 9 data?

There were 29 single-family homes for sale, providing 1.8 months of inventory. There were 28 new listings, and 13 homes sold at a median price of $1.6m. The median overbid percentage was at 106.7%, with an average of 26 days on the market.

There were 267 condo and townhome units for sale, providing 4.8 months of inventory. There were 108 new listings and 61 units sold at a median sale price of $997k. The median overbid percentage was at 98.8%, with an average of 63 days on the market.

Single-Family Homes

28 New Listings

13 Sold Listings

1.8 Months of Inventory

$1.6M Median Sale Price

106.7%

Median Sale vs List

26 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2023 to March 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

Condo

108

New Listings

61 Sold Listings

4.8

Months of Inventory $997K Median Sale Price 98.8%

Median Sale vs List

63 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 62m last March 2023, to $1 69m as of March 2024

Condos & Townhomes

The median sale price has increased from $995k last March 2023, to $997k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 29 days last March 2023, to 26 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 69 days in March 2023, to 63 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 105% last March 2023, to 106 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.6% last March 2023, to 98.8% a year later.

District

What's in the Distr

There were 48 single-family h providing 1.5 months of inve new listings, and 22 homes s of $1.1m. The median overbi 107.6%, with an average of 3

There were 34 condo and tow sale, providing 6.5 months of were 12 new listings and 5 u sale price of $404k. The med percentage was at 100%, wit days on the market.

37 New Listings

1.5 Months of Inventory

107.6%

Median Sale vs List

22 Sold Listings

$1.1M

Median Sale Price

37 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2023 to March 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

Condo 12

New Listings

5

Sold Listings

6.5

Months of Inventory $404K

Median Sale Price 100%

Median Sale vs List 96 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 17m last March 2023, to $1 11m as of March 2024

Condos & Townhomes

The median sale price has decreased from $698k last March 2023, to $404k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 32 days last March 2023, to 37 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 180 days in March 2023, to 96 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 107 7% last March 2023, to 107 6% a year later

Condos & Townhomes

The overbid percentage has increased from 98% last March 2023, to 100% a year later.

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