S.F. condo stock enters ‘buyer’s market’ with soaring listings and weakening demand

Listings of San Francisco condos are currently surging at levels not seen in almost a decade as the coronavirus continues to play havoc with the city’s real estate market. New real estate figures from July now point to a glut of new condos on the market, according to Compass Real Estate Analyst Patrick Carlisle. He …

San Mateo County Real Estate August 2020 Report

Virtually all market indicators reflect strong market conditions. Luxury home sales soar. Median House Sales Price – Long-Term Trends. Supply & Demand Inventory, listings accepting offers, and closed sales volume are all well up from the low points earlier this year. Standard Market Indicators There are indicators of some softening in the market: Year-over-year, the …

Santa Clara County Real Estate August 2020 Market Report

The Santa Clara County market is currently characterized by strong demand and low supply. Higher-price home sales, in particular, have spiked up. The condo market is weaker than the house market. Median House Sales Price – Long-Term Trends Supply & Demand The number of active listings remains low. House vs. Condo Markets As is not …

‘It’s a feeding frenzy’: Palm Springs real estate inventory at historic low

Apartment dwellers want more space. Schools are extending distance learning. Workplaces are lengthening WFH timelines. All this means it’s no surprise that another popular getaway destination for the Bay Area is so hot, it can’t keep up with the demand for real estate. The Coachella Valley, which includes Palm Springs, is having a record-breaking year …

San Francisco Real Estate – Complicated Market Conditions August 2020

As illustrated below, the San Francisco market currently reflects a variety of both positive and negative indicators. Among Bay Area markets, the city is seeing the softest recovery from the initial shelter-in-place plunge in activity in early spring, while some other counties – less expensive, more suburban or rural – are experiencing extremely high demand. …