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.
Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:
“When asked why they purchased their first home recently, the answer was simple: because they wanted to. Either the desire to stop renting or recognition that homeownership is a smart financial investment was the main motivator for 72% of respondents.”
While that survey looked specifically at first-time homebuyers buying newly built homes, the same sentiment is true for just about anyone buying their first home. Here’s a bit more information to help you think about those two benefits of homeownership to see if they’re a key factor for you, too.
You might want to stop renting because rents keep going up. If you’re a renter, that means there’s a chance your payment will increase each time you sign a new rental agreement or renew your current one.
On the other hand, when you buy your home with a fixed-rate mortgage, your monthly housing payment is predictable over the length of that loan. This stability can give you peace of mind that renting just can’t provide. Jeff Ostrowski, real estate journalist, breaks it down:
“With a fixed-rate mortgage, your monthly principal and interest payment is set for as long as you keep the loan. Sign a rental lease, however, and you could see your rent rise the following year, the year after that, and so on.”
Beyond that, owning a home can also be a great long-term investment. While renting may be the more affordable option right now, it doesn’t provide an avenue for you to grow your wealth over time. Mark Fleming, Chief Economist at First American, explains that’s an important distinction to consider:
“Given current dynamics, more young households may choose to rent in the near term as the cost to own, excluding house price appreciation, has unequivocally increased. Yet, accounting for house price appreciation in that cost of homeownership, whether to rent or buy will depend on where, and if, a home is likely to cost more or less in the near future.”
Basically, renting doesn’t allow you to build equity. In contrast, homeownership can help you grow your net worth as your home’s value appreciates. That’s a significant perk you can’t get if you keep renting.
When you take that into account, it may make better financial sense to buy. Most experts project home prices will continue to appreciate over the next few years at a pace that’s more normal for the market. That means when you buy a home, not only are you investing in a place to live, but you’re also investing in your financial future.
Source: Keeping Current Matters
Get instant pre-approval and FAST closing -plus a dedicated loan advisor -- for the ultimate mortgage journey.
Enjoy our silky smooth platform, along with passionate, live support from your dedicated Finance Manager. Mortgage expertise at every step!
Let
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.
There are many compelling reasons to join American Home Shield. Simply put — a home warranty protects your budget and provides peace of mind.
Here are just a few of the advantages of having coverage:
1
Budget protection when systems and appliances like your A/C and fridge inevitably stop working.
2
Peace of mind because you have a plan in place and know exactly who to call when something goes wrong.
3
The time-saving convenience of not having to search for someone to get the job done. We do that for you.
4
With our 30-day workmanship guarantee, if you have an issue with your completed repair within 30 days of service, we’ll send a contractor back out for free.
READY TO GET STARTED?
Contact me, your Real Estate Expert, for support and to learn more about AHS.
Considering living in your house during a remodel?
Opting to stay in your home during a remodel can feel like a stressful and cramped arrangement. It can be frustrating to live amidst subcontractors coming and going, noise levels, dust and debris, and rotating schedules.
If you ’ re considering staying in your home during a remodel, we have a handful of tips that will help you master your planning (and muster your patience):
Be sure to contain and clean the areas that you will be using to ensure that your children, seniors, and pets are out of harm's way and breathing clean air
Identifying essential items that you’ll need throughout the project and moving them to a room that will remain utilized throughout the process. Organize boxes of items by category so that they’re easy to locate and keep tidy.
Get a kitchen and bathroom strategy in place
Temporary barriers, substitute facilities, and alternate routes can be set up to help keep you and your family clear of dust, noise, and any dangers from the active worksite. Strategize renovating one bathroom at a time so others can stay in use throughout the process. Planning a daily schedule helps everyone get their needs met without creating a traffic jam and thereby minimize stress.
Want
There were 1,687 new single-family homes for sale, providing 1.5 months of inventory. There were 607 homes sold at a median price of $1.3m. The median overbid percentage was 107.5%, with an average of 20 days on the market.
There were 752 condo and townhome units for sale, providing 2.2 months of inventory. There were 310 new listings and 196 units sold at a median price of $730k. The median overbid percentage was at 102%, with an average of 27 days on the market.
1,687 New Listings
607 Sold Listings
1.5 Months of Inventory
$1.3M Median Sale Price
107.5% 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 September 2022 to September 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.
310 New Listings
196 Sold Listings
2.2 Months of Inventory
$730K Median Sale Price
102% Median Sale vs List
27 Avg Days on Market
SEPTEMBER 2022 - SEPTEMBER 2023
Last 12 months,
Last 12 months, year-over-year
Single-Family Homes
The median sales price has increased from $1 2m last September 2022, to $1 3m as of September 2023
Condos & Townhomes
The median sales price has increased from $717k last September 2022, to $730k as of September 2023
Single-Family Homes
The overbid percentage has increased from 100 3% last September 2022, to 107 5% a year later
Condos & Townhomes
The overbid percentage has increased from 99% last September 2022, to 102% a year later.
Single-Family Homes
The average time spent on the market went down from 28 days last September 2022, to 20 days as of September 2023
Condos & Townhomes
The average time spent on the market went down from 32 days last September 2022, to 27 days as of September 2023.
There were 948 single-family homes for sale, providing 1.5 months of inventory. There were 792 new listings, and 572 homes sold at a median price of $875k. The median overbid percentage was 100 9%, with an average of 20 days on the market.
There were 354 condo and townhome units for sale, providing 2.1 months of inventory. There were 267 new listings and 161 units sold at a median price of $620k. The median overbid percentage was 100%, with an average of 30 days on the market
792 New Listings
572 Sold Listings
1.5 Months of Inventory
$875K Median Sale Price
100.9% 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 September 2022 to September 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.
267 New Listings
161 Sold Listings
2.1 Months of Inventory
$620K Median Sale Price
100% Median Sale vs List
30 Avg Days on Market
SEPTEMBER 2022 - SEPTEMBER 2023
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Single-Family Homes
The median sales price has increased from $869k last September 2022, to $875k as of September 2023
Condos & Townhomes
The median sales price has increased from $550k last September 2022, to $620k as of September 2023
Single-Family Homes
The overbid percentage has increased from 100% last September 2022, to 100 9% a year later
Condos & Townhomes
The overbid percentage has remained at 100% since September 2022.
Single-Family Homes
The average time spent on the market went down from 30 days last September 2022, to 20 days as of September 2023
Condos & Townhomes
The average time spent on the market went up from 29 days in September 2022, to 30 days as of September 2023.
There were 285 single-family homes for sale, providing 4.1 months of inventory. There were 78 new listings, and 60 homes sold at a median price of $892k. The median overbid percentage was 100%, with an average of 47 days on the market
There were 23 condo and townhome units for sale, providing 2.9 months of inventory. There were 14 new listings and 27 units sold at a median price of $902k. The median overbid percentage was 99.6%, with an average of 52 days on the market.
78 New Listings
60 Sold Listings
4.1 Months of Inventory
$892K 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 September 2022 to September 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.
14 New Listings
27 Sold Listings
2.9 Months of Inventory
$902K Median Sale Price
99.6% Median Sale vs List
52 Avg Days on Market
SEPTEMBER 2022 - SEPTEMBER 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 $997k last September 2022, to $892k as of September 2023
Condos & Townhomes
The median sales price has increased from $612k last September 2022, to $902k as of September 2023
Single-Family Homes
The overbid percentage has remained at 100% since September 2022
Condos & Townhomes
The overbid percentage has decreased from 100% last September 2022, to 99.6% a year later.
Single-Family Homes
The average time spent on the market went up from 40 days last September 2022, to 47 days as of September 2023
Condos & Townhomes
The average time spent on the market went up from 30 days in September 2022, to 52 days as of September 2023.
There were 447 single-family homes for sale, providing 2.8 months of inventory. There were 371 new listings and 150 homes sold at a median price of $1.5m. The median overbid percentage was 106.1%, with an average of 31 days on the market.
There were 791 condo and townhome units for sale, providing 4.9 months of inventory. There were 472 new listings and 150 units sold at a median price of $1m. The median overbid percentage was 99.2%, with an average of 57 days on the market.
371 New Listings
150 Sold Listings
2.8 Months of Inventory
$1.5M Median Sale Price
106.1% Median Sale vs List
31 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2022 to September 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.
472 New Listings
150 Sold Listings
4.9 Months of Inventory
$1M Median Sale Price
99.2% Median Sale vs List
57 Avg Days on Market
Last 12 months, year-over-year.
Last 12 months, year-over-year
Single-Family Homes
The median sales price has decreased from $1 6m last September 2022, to $1 5m as of September 2023
Condos & Townhomes
The median sales price has decreased from $1 1m last September 2022, to $1m as of September 2023
Single-Family Homes
The overbid percentage has increased from 104 5% last September 2022, to 106 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 100% last September 2022, to 99.2% a year later.
Single-Family Homes
The average time spent on the market went up from 28 days last September 2022, to 31 days as of September 2023
Condos & Townhomes
The average time spent on the market went down from 58 days in September 2022, to 57 days as of September 2023.
498 New Listings
298 Sold Listings
1.9 Months of Inventory
$1.8M Median Sale Price
102.2% Median Sale vs List
25 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2022 to September 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.
139 New Listings
84 Sold Listings
2.5 Months of Inventory
$895K Median Sale Price
100% Median Sale vs List
35 Avg Days on Market
Last
Single-Family Homes
The median sales price has increased from $1 7m last September 2022, to $1 8m as of September 2023
Condos & Townhomes
The median sales price has decreased from $930k last September 2022, to $895k as of September 2023
Single-Family Homes
The overbid percentage has increased from 100% last September 2022, to 102 2% a year later
Condos & Townhomes
The overbid percentage has remained at 100% since September 2022.
Single-Family Homes
The average time spent on the market went down from 30 days last September 2022, to 25 days as of September 2023
Condos & Townhomes
The average time spent on the market went down from 37 days last September 2022, to 35 days as of September 2023.
There were 716 single-family providing 1.2 months of inve new listings, and 598 homes price of $1.8m. The median o was 103 9%, with an average market.
There were 379 condo and to sale, providing 1.5 months of were 396 new listings and 26 median price of $1m. The me percentage was 101.6%, with days on the market
782 New Listings
598 Sold Listings
1.2 Months of Inventory
$1.8M Median Sale Price
103.9% 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 September 2022 to September 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.
396 New Listings
261 Sold Listings
1.5 Months of Inventory
$1M Median Sale Price
101.6% Median Sale vs List
18 Avg Days on Market
Single-Family Homes
The median sales price has increased from $1 6m last September 2022, to $1 8m as of September 2023
Condos & Townhomes
The median sales price has increased from $917k last September 2022, to $1m as of September 2023
Single-Family Homes
The overbid percentage has increased from 100% last September 2022, to 103 9% a year later
Condos & Townhomes
The overbid percentage has increased from 100% last September 2022, to 101.6% a year later.
Single-Family Homes
The average time spent on the market went down from 28 days last September 2022, to 18 days as of September 2023
Condos & Townhomes
The average time spent on the market went down from 28 days last September 2022, to 18 days as of September 2023.
There were 513 single-family homes for sale, providing 1.7 months of inventory. There were 311 new listings, and 241 homes sold at a median price of $585k. The median overbid percentage was 100%, with an average of 29 days on the market.
There were 60 condo and townhome units for sale, providing 2.6 months of inventory. There were 36 new listings and 23 units sold at a median price of $405k. The median overbid percentage was 100%, with an average of 27 days on the market
311 New Listings
241 Sold Listings
1.7 Months of Inventory
$585K Median Sale Price
100% Median Sale vs List
29 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2022 to September 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.
36 New Listings
23 Sold Listings
2.6 Months of Inventory
$405K Median Sale Price 100% Median Sale vs List
27 Avg Days on Market
Last 12 months, year-over-year.
Last 12 months, year-over-year
Single-Family Homes
The median sales price has decreased from $590k last September 2022, to $585k as of September 2023
Condos & Townhomes
The median sales price has increased from $385k last September 2022, to $405k as of September 2023
Single-Family Homes
The overbid percentage has remained at 100% since September 2022
Condos & Townhomes
The overbid percentage has remained at 100% since September 2022.
Single-Family Homes
The average time spent on the market went down from 40 days last September 2022, to 29 days as of September 2023
The average time spent on the market went down from 44 days last September 2022, to 27 days as of September 2023.
There were 738 single-family homes for sale, providing 2.5 months of inventory. There were 263 new listings and 256 homes sold at a median price of $847k. The median overbid percentage was 100%, with an average of 38 days on the market.
There were 55 condo and townhome units for sale, providing 1.5 months of inventory. There were 30 new listings and 33 units sold at a median price of $430. The median overbid percentage was 100%, with an average of 36 days on the market.
263 New Listings
256 Sold Listings
2.5 Months of Inventory
$847K Median Sale Price
100% Median Sale vs List
38 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2022 to September 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.
30 New Listings
33 Sold Listings
1.5 Months of Inventory
$430K Median Sale Price 100% Median Sale vs List
36 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 $810k last September 2022, to $847k as of September 2023
Condos & Townhomes
The median sales price has decreased from $465k last September 2022, to $430k as of September 2023
Single-Family Homes
The overbid percentage has remained at 100% since September 2022
Condos & Townhomes
The overbid percentage has remained at 100% since September 2022.
Single-Family Homes
The average time spent on the market went down from 45 days last September 2022, to 38 days as of September 2023
Condos & Townhomes
The average time spent on the market went down from 41 days last September 2022, to 36 days as of September 2023.
There were 306 single-family providing 2 2 months of inve new listings, and 130 homes price of $1.6m. The median was 100.1%, with an average market.
There were 124 condo and to sale, providing 2.7 months o were 50 new listings and 36 price of $740k. The median o was 100%, with an average o market.
50 New Listings
36 Sold Listings
2.7 Months of Inventory
$740K Median Sale Price 100% Median Sale vs List
31 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 decreased from $1 7m last September 2022, to $1 6m as of September 2023
Condos & Townhomes
The median sales price has decreased from $855k last September 2022, to $740k as of September 2023
Single-Family Homes
The overbid percentage has increased from 100% last September 2022, to 100 1% a year later
Condos & Townhomes
The overbid percentage has remained at 100% since September 2022.
Single-Family Homes
The average time spent on the market went down from 33 days last September 2022, to 26 days as of September 2023
Condos & Townhomes
The average time spent on the market went down from 39 days last September 2022, to 31 days as of September 2023.
