🗣️ San Francisco Real Estate Update
February 2024 vs. February 2023
🏡 Single Family Homes:
* New listings surged by 28.3% 📈
* Pending sales rose by 31.7% 💼
* Median sales price increased by 9.7% 💰
* Average sales price climbed by 12% 💵
* Properties selling over list price soared to 63.5% 📈
* Homes selling for 8% over asking price on average 🏠
🏙️ Condos, TICs, and Co-ops:
* New listings increased by 18.2% 📈
* Pending sales surged by 33.7% 💼
* Median sales price decreased by 5% 📉
* Average sales price rose by 2.8% 💵
* Properties selling over list price jumped to 34.8% 📈
The San Francisco housing market is showing robust growth, particularly in single-family homes. Despite a slight increase in inventory, demand remains strong, indicating a seller's market 🔥
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RISE Homes is a leading San Francisco Bay Area real estate team. We specialize in residential real estate sales in all six of the SF Bay Area counties; San Francisco, San Mateo, Santa Clara, Alameda, Contra Costa, and Marin. We have agents and operations staff who specialize and are very familiar (most of us are SF Bay Area natives) with their respective geographic territory. Our primary focus is on helping our clients navigate the highly competitive San Francisco real estate market, and in the process, conducting ourselves with integrity and transparency while always focusing on continuous improvement.
Joe Polyak is the Founder of RISE Homes. Joe was born and raised in San Francisco, and currently lives in San Mateo, CA with his wife Valerie, daughter Autumn, their two dogs, Bonnie the pitbull-mutt and Daisy the pug, and their turtle, Donatello. Joe has been in real estate since 2010, and is a top 1% agent in the San Francisco Bay Area, with over $80,000,000 per year in sales volume. Joe built his business by specializing in probate/trust sales and working with and educating first time home buyers.
19 мар 2024
