San Francisco
Bay area
Alameda
Jump to Alameda Report
Contra Costa
Jump to Contra Costa Report
Napa
Jump to Napa Report
San Francisco County
Jump to San Francisco County Report
San Mateo
Jump to San Mateo Report
Santa Clara
Jump to Santa Clara Report
Solano
Jump to Solano Report
Sonoma
Jump to Sonoma Report
Southern/Central Marin
Jump to Marin Report
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?
Contact me for a confidential, no obligation assessment of your home's value.
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into where mortgage rates might go in the near future.
Freddie Mac has been tracking the 30-year fixed mortgage rate since April of 1971. Every week, they release the results of their Primary Mortgage Market Survey, which averages mortgage application data from lenders across the country (see graph below):
Looking at the right side of the graph, mortgage rates have increased significantly since the start of last year. But even with that rise, today’s rates are still below the 52-year average. While that historical perspective is good context, buyers have gotten used to mortgage rates between 3% and 5%, which is where they’ve been over the past 15 years.
That’s important because it explains why the recent jump in rates might have you feeling sticker shock even though they’re close to their long-term average. While many buyers have adjusted to the elevated rates over the past year, a slightly lower rate would be a welcome sight. To determine if that’s a realistic possibility, it’s important to look at inflation
The Federal Reserve has been working hard to lower inflation since early 2022. That’s significant because, historically, there’s been a connection between inflation and mortgage rates (see graph below):
This graph shows a pretty reliable relationship between inflation and mortgage rates. Looking at the left side of the graph, each time inflation moves significantly (shown in blue), mortgage rates follow suit shortly after (shown in green).
The circled portion of the graph points out the most recent spike in inflation, with mortgage rates following closely behind. As inflation has moderated a bit this year, mortgage rates haven’t yet made a similar move. That means, if history is any guide, the market is waiting for mortgage rates to follow inflation and head back down. It’s impossible to accurately predict where mortgage rates will go for sure, but moderating inflation means mortgage rates going down in the near future would fit a well-established trend.
Source: Keeping Current Matters
Get instant pre-approval and FAST closing -- plus a dedicated loan advisor -- for the ultimate mortgage journey.
OurFastDigitalLoanProcess...
Get Pre-Approved Online In Minutes without affecting your credit score!
1 Get pre-approved online in minutes! Your personal Finance Manager is there to help!
GetFastLoanPre-Approval
FindAGreatRateQuickly
2 Your Finance Manager sources a vast array of wholesale & retail lenders for your best rate.
3
StopWorrying
Your Finance Manager does the heavy lifting So you get to funding quickly & easily
ADedicatedLoanAdvisor...
Enjoy our silky smooth platform, along with passionate, live support from your dedicated Finance Manager. Mortgage expertise at every step!
Youworkhardforyourmoney.
Let our financial tools work hard for you.
We gather the largest array of wholesale & retail lenders to compete for your loan! So you get the lowest rate while we do the work.
CONTACT ME, YOUR REAL ESTATE EXPERT, FOR SUPPORT AND TO LEARN MORE ABOUT REMA.
$310,717Profit
702%Return
Home Concierge's secret weapon is our local project directors, who visit and personally manage each of our projects. When the agent reached out with a tight deadline, project director Azary Khalfan took it in stride and immediately called on her local vendors and subcontractors. Our in-house designer, Samantha Black, worked quickly over the holidays to design a new kitchen while Azary ordered finishes for other parts of the home. Ingenuity, strong vendor connections, and hard work transformed the kitchen in 17 days! The home sold for over $400,000 over asking in just one week.
Home Concierge scope of work for this project included:
Kitchen design services with plan drawings
Entire kitchen replacement, including the floor New light fixtures throughout the home
Refresh bathrooms
KitchenDesignBoards
WANT TO KNOW HOW HOME CONCIERGE CAN HELP WITH YOUR LISTING? CONTACT ME TODAY!
Source: Cal Fire
Build your roof or re-roof with materials such as composition, metal, clay, or tile Remove any vegetative debris from the roof.
Remove all openings with 1/16-inch to 1/4-inch metal mesh Do not use fiberglass or plastic mesh because they can melt and burn
Eaves should be boxed in and protected with ignition-resistant or non-combustible materials.
Install dual-paned windows with one pane of tempered glass to reduce the chance of breakage in a fire.
Use ignition-resistant materials, such as stucco, fiber cement, wall siding, fire retardant, treated wood, etc.
Create an ember-resistant zone around and under all decks and clear debris from under your deck.
Separate your fences from your house or upgrade the last 5 feet of the fence to a non-combustible material.
Close the fireplace during fire season when the chimney is not being used.
Keep rain gutters clear or enclose rain gutters to prevent accumulation of plant debris
Use the same ignitionresistant materials for patio coverings as a roof
Driveways should be built and maintained in accordance with state and local codes to allow fire and emergency vehicles to reach
Have a fire extinguisher and tools such as a shovel, rake, bucket, and hose available for fire
IS YOUR HOMEOWNER’S INSURANCE COVERAGE UP TO DATE? I CAN CONNECT YOU WITH WITH MY INSURANCE SPECIALIST AT GREYSTONE.
CALL ME TODAY!
There were 1625 sing providing 1.1 months new listings, and 652 price of $1.2m. The m was 106.1%, with an a market.
There were 762 condo sale, providing 1 6 mo were 341 new listings median price of $712k percentage was 101% on the market.
860 New Listings
652 Sold Listings
1.1 Months of Inventory
$1.2M Median Sale Price
106.1% Median Sale vs List
18 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area above from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.
341 New Listings
230 Sold Listings
1.6 Months of Inventory
$712K Median Sale Price
101% Median Sale vs List
25 Avg Days on Market
Last 12 months, year-over-year.
Last 12 months, year-over-year
Single-Family Homes
The median sales price has remained at $1 2m since last August 2022
Condos & Townhomes
The median sales price has decreased from $725k last August 2022, to $712k as of August 2023.
Single-Family Homes
The average time spent on the market went down from 26 days last August 2022, to 18 days as of August 2023
Condos & Townhomes
The average time spent on the market went down from 26 days last August 2022, to 25 days as of August 2023
Single-Family Homes
The overbid percentage has increased from 101% last August 2022, to 106 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 100.1% last August 2022, to 101% a year later.
There were 1,134 single-family homes for sale, providing 1.9 months of inventory. There were 793 new listings, and 308 homes sold at a median price of $839k. The median overbid percentage was 101 7%, with an average of 18 days on the market.
There were 368 condo and townhome units for sale, providing 2.2 months of inventory. There were 238 new listings and 74 units sold at a median price of $600k. The median overbid percentage was 100%, with an average of 23 days on the market
793 New Listings
308 Sold Listings
1.9 Months of Inventory
$839K Median Sale Price
101.7% Median Sale vs List
18 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.
AUGUST 2022 - AUGUST 2023
Last 12 months, year-over-year. Condos
Last 12 months, year-over-year
Single-Family Homes
The median sales price has decreased from $850k last August 2022, to $839k as of August 2023
Condos & Townhomes
The median sales price has increased from $588k last August 2022, to $600k as of August 2023.
The average time spent on the market went down from 25 days last August 2022, to 18 days as of August 2023
The average time spent on the market went up from 21 days in August 2022, to 23 days as of August 2023
Single-Family Homes
The overbid percentage has increased from 100% last August 2022, to 101 7% a year later
Condos & Townhomes
The overbid percentage has remained at 100% since last August 2022.
There were 271 single-family homes for sale, providing 3.9 months of inventory. There were 77 new listings, and 69 homes sold at a median price of $1.1m. The median overbid percentage was 100%, with an average of 54 days on the market
There were 22 condo and townhome units for sale, providing 2.4 months of inventory. There were 7 new listings and 9 units sold at a median price of $665k. The median overbid percentage was 100%, with an average of 33 days on the market.
77 New Listings
69 Sold Listings
3.9 Months of Inventory
$1.1M Median Sale Price
100% Median Sale vs List
54 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.
Single-Family Homes
The median sales price has increased from $1m last August 2022, to $1 1m as of August 2023
Condos & Townhomes
The median sales price has decreased from $715k last August 2022, to $665k as of August 2023.
The average time spent on the market went up from 49 days last August 2022, to 54 days as of August 2023
Condos & Townhomes
The average time spent on the market went down from 58 days in August 2022, to 33 days as of August 2023
Single-Family Homes
The overbid percentage has remained at 100% since last August 2022
Condos & Townhomes
The overbid percentage has increased from 96.5% last August 2022, to 100% a year later.
There were 334 single-family homes for sale, providing 2.1 months of inventory. There were 253 new listings and 120 homes sold at a median price of $1.6m. The median overbid percentage was 103.9%, with an average of 35 days on the market.
There were 588 condo and townhome units for sale, providing 3.6 months of inventory. There were 265 new listings and 136 units sold at a median price of $1.1m. The median overbid percentage was 99%, with an average of 57 days on the market.
253 New Listings
120 Sold Listings
2.1 Months of Inventory
$1.6M Median Sale Price
103.9% Median Sale vs List
35 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.
Condo & Townhomes
265 New Listings
136 Sold Listings
3.6 Months of Inventory
$1.1M Median Sale Price
99% Median Sale vs List
57 Avg Days on Market
Last
Last 12 months, year-over-year
Single-Family Homes
The median sales price has remained at $1 6m since last August 2022
Condos & Townhomes
The median sales price has increased from $1m last August 2022, to $1.1m as of August 2023.
Single-Family Homes
The overbid percentage has decreased from 106 7% last August 2022, to 103 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 100% last August 2022, to 99.2% a year later.
Single-Family Homes
The average time spent on the market went up from 26 days last August 2022, to 35 days as of August 2023
Condos & Townhomes
The average time spent on the market went up from 50 days in August 2022, to 57 days as of August 2023
There were 514 single-family homes for sale, providing 1.9 months of inventory. There were 393 new listings, and 144 homes sold at a median price of $1.6m. The median overbid percentage was 101 1%, with an average of 27 days on the market.
There were 209 condo and townhome units for sale, providing 2.5 months of inventory. There were 124 new listings and 44 units sold at a median price of $995k. The median overbid percentage was 100%, with an average of 35 days on the market
393 New Listings
144 Sold Listings
1.9 Months of Inventory
$1.6M Median Sale Price
101.1% Median Sale vs List
27 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.
Last 12 months,
Last 12 months, year-over-year
Single-Family Homes
The median sales price has decreased from $1 8m last August 2022, to $1 6m as of August 2023
Condos & Townhomes
The median sales price has increased from $900k last August 2022, to $995k as of August 2023.
Single-Family Homes
The average time spent on the market went up from 25 days last August 2022, to 27 days as of August 2023
Condos & Townhomes
The average time spent on the market has remained at 35 days since August 2022
Single-Family Homes
The overbid percentage has increased from 100% last August 2022, to 101 1% a year later
Condos & Townhomes
The overbid percentage has remained at 100% since last August 2022.
There were 843 single-family homes for sale, providing 1.5 months of inventory. There were 803 new listings, and 278 homes sold at a median price of $1.7m. The median overbid percentage was 103 7%, with an average of 20 days on the market.
There were 399 condo and townhome units for sale, providing 1.6 months of inventory. There were 368 new listings and 95 units sold at a median price of $950k. The median overbid percentage was 102.3%, with an average of 18 days on the market
803 New Listings
278 Sold Listings
1.5 Month of Inventory
$1.7M Median Sale Price
103.7% Median Sale vs List
20 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.
368 New Listings
Single-Family Homes
The median sales price has increased from $1 6m last August 2022, to $1 7m as of August 2023
Condos & Townhomes
The median sales price has increased from $900k last August 2022, to $950k as of August 2023.
The average time spent on the market went down from 25 days last August 2022, to 20 days as of August 2023
The average time spent on the market went down from 25 days last August 2022, to 18 days as of August 2023
Single-Family Homes
The overbid percentage has increased from 99 4% last August 2022, to 103 7% a year later
Condos & Townhomes
The overbid percentage has increased from 100% last August 2022, to 102.3% a year later.
There were 510 providing 1.7 mo new listings, and price of $583k. T was 100%, with market.
There were 57 c sale, providing 2 were 38 new list price of $360k. T was 100%, with market
omes
246 Sold Listings
$583K
Median Sale Price
28 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.
38 New Listings
22 Sold Listings
2.4 Months of Inventory
$360K Median Sale Price 100% Median Sale vs List
31 Avg Days on Market
AUGUST 2022 - AUGUST 2023
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Single-Family Homes
The median sales price has decreased from $600k last August 2022, to $583k as of August 2023
Condos & Townhomes
The median sales price has increased from $359k last August 2022, to $360k as of August 2023.
The average time spent on the market went down from 38 days last August 2022, to 28 days as of August 2023
The average time spent on the market went down from 37 days last August 2022, to 31 days as of August 2023
Single-Family Homes
The overbid percentage has remained at 100% since last August 2022
Condos & Townhomes
The overbid percentage has decreased from 100% last August 2022, to 99.7% a year later.
There were 700 single-family homes for sale, providing 2.4 months of inventory. There were 252 new listings, and 293 homes sold at a median price of $855k. The median overbid percentage was 100%, with an average of 47 days on the market.
There were 61 condo and townhome units for sale, providing 1.6 months of inventory. There were 39 new listings and 33 units sold at a median price of $495k. The median overbid percentage was 101 5%, with an average of 21 days on the market.
SFH Single-Family Homes
252 New Listings
293 Sold Listings
2.4 Months of Inventory
$855K Median Sale Price
100% Median Sale vs List
47 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.
Condo & Townhomes
39 New Listings
33 Sold Listings
1.6 Months of Inventory
$495K Median Sale Price
101.5% Median Sale vs List
21 Avg Days on Market
Last 12 months, year-over-year. Condos
Last 12 months, year-over-year
Single-Family Homes
The median sales price has increased from $830k last August 2022, to $855k as of August 2023
Condos & Townhomes
The median sales price has increased from $451k last August 2022, to $495k as of August 2023.
The average time spent on the market went up from 39 days last August 2022, to 47 days as of August 2023
Condos & Townhomes
The average time spent on the market went down from 37 days in August 2022, to 31 days as of August 2023
Single-Family Homes
The overbid percentage has remained at 100% since last August 2022.
Condos & Townhomes
The overbid percentage has increased from 101.1% last August 2022, to 101.5% a year later.
There were 226 single providing 1 6 months o new listings, and 117 h price of $1.5m. The m was 100%, with an ave market. There were 111 condo sale, providing 2.4 mo were 43 new listings a price of $840k. The m was 100%, with an ave market.
C
4 New List
2. Months of Inven
100% Median Sale vs
Single-Family Homes
The median sales price has decreased from $1 7m last August 2022, to $1 5m as of August 2023
Condos & Townhomes
The median sales price has increased from $831k last August 2022, to $840k as of August 2023.
The average time spent on the market went up from 31 days last August 2022, to 33 days as of August 2023
Condos & Townhomes
The average time spent on the market went up from 38 days in August 2022, to 55 days as of August 2023
Single-Family Homes
The overbid percentage has remained at 100% since last August 2022
Condos & Townhomes
The overbid percentage has remained at 100% since last August 2022.
