February 2020 Market Report

Kaneps_Compass_Hayes-8103.jpg

This month we have a whole-Bay Area market report. This is useful to put San Francisco in context with other Bay Area communities, and particularly useful if you are considering looking outside San Francisco.

It's important to note that the Bay Area contains many different markets and market segments, sometimes following diverging trends in supply and demand, and home-price appreciation. Most of the materials in this report reflect overall trends for the entire region. When the data is available we’ve charted longer-term trends since they give much greater context to what the state of the market is today, and where it may be heading. How these statistics pertain to any particular home is unknown without a specific comparative market analysis.

Bay Area Home Price Appreciation

Median House Sales Prices, 1990-Present, 6-month Rolling Average

1.bay-area-home-appreciation.JPG

Year-over-Year Monthly Appreciation Rates, 1990-2019

San Francisco Bay Area % Changes in Median House Sales Prices

2.yoy-price-appreciation.JPG

2019 Median House Sales Prices by Bay Area County

Annual Median Bay Area House Sales Prices

Single Family Home Sales, 1990-2019, by County

4.annual-median-house-sales-prices.JPG

Condo & Co-op Sales, 1996-Present

6.condo-coop-prices.JPG

Active, On-Market Listing Inventory Since 2013

12-Month Rolling Average

7.active-inventory-since-2013.JPG

Home Sales Volumes

Bay Area Market Seasonality by Month

8.home-sales-values.JPG

Days on Market

Median 12 Month Rolling Average

Bay Area Real Estate Market Since 1992

9.median-days-on-market.JPG

Average by County, 2019 Monthly Averages

16.average-days-on-market.JPG

2019 Median Quarterly Percentage of Listings Accepting Offers in Quarter

17.listings-accepting-offer-in-quarter.JPG

Unsold Inventory Index in Months of Supply Listings

Bay Area Real Estate Market since 1992

10.unsold-inventory-index.JPG

Percentage of Listings Reducing Price in Month

San Francisco Bay Area Real Estate Market since 2010

11.percentage-listings-reducing-price.JPG

Bay Area High-End Home Markets

2019 Homes Selling for $2M+, by County

Quarterly Higher-Price Home Sales, $2M+, by County

13.higher-price-home-sales.JPG

Quarterly Listing Volumes since Q4 2016

14.higher-price-home-listings.JPG

Percentage of Sales Qualifying as “Ultra-Luxury” in 2019 by County

Bay Area Population Figures

San Francisco-San Jose Combined Metro Annual Population Changes

7 Counties, Census Estimates

18.annual-population-change.JPG

Annual Bay Area Population Figures, July 1 2010-July 1, 2018

19.bay-area-population-figures.JPG

Bay Area vs. US Values

3-Bedroom Homes – Estimated Median Values for Selected, Large US Cities

5.3br-house-prices.JPG

Average Length of US Homeownership

Median Age of Home Buyers

21.median-age-home-buyers.JPG
Market ReportSean Timberlake