It’s been quite a summer for our team, one that caught us off guard with an unexpected but clear theme: Prep, Prep, Prep! This energy hints at something exciting—a real estate market poised for the much-anticipated Fall season. As we transition from summer, the market is bustling with new listings and eager buyers.
August brought another positive shift: mortgage rates declined to their lowest point in over a year due to the belief that the Fed will finally lower rates in September, even as financial markets experienced significant volatility. A sustained decline in interest rates will naturally have an impact on homeownership affordability, sparking increased activity from both buyers and sellers. Sellers who held off listing their homes due to the “mortgage lock-in” effect over the past two years may now find it a more favorable time to make their move.
Whether you’re looking to buy your dream property or considering selling your current one, we are dedicated to guiding you through each step of the process. And for those considering selling in 2025, it’s never too early to get a jumpstart on prepping your home — we’re here to help you start planning now for a successful sale next year.
Below, check out our neighborhood spotlight, some of our upcoming listings, available homes & recent sales. And, of course, make sure to take advantage of fun things to do in SF and our team’s pick of the month!
As always, don’t hesitate to reach out to us with any real estate-related questions; whether you are ready to buy or sell, or just want to explore options, we are here to help! If you need guidance outside San Francisco, remember that we also have an amazing national network of great agents who can help you, your friends, and your family with real estate needs. We look forward to connecting with you soon! Dale can be reached at 415.748.1519 and Alla at 415.748.2550.
NEIGHBORHOOD SPOTLIGHT
We had a fantastic time diving into every corner of the iconic Pac Heights, a neighborhood close to our hearts where we’ve helped countless clients find their dream homes. From its elegant Victorian and Edwardian houses to its tree-lined streets with panoramic views of the Bay, Pac Heights truly captures the essence of San Francisco’s charm and sophistication.
We hope you’ve been enjoying our journey through this stunning area as much as we have, and we can’t wait to share more of our favorite city gems and show you why we’re so in love with San Francisco! 🌉✨
✨ DA TEAM SUMMER MARKET UPDATE ✨
Don’t miss our take on what’s happening right now in the market!
Get the latest scoop on San Francisco real estate!
If you want to do a deeper dive into what these market insights mean for you, or you are just curious about the market, we’d love to chat!
Understanding Long-Term Trends
Sales volume is shaped by several key factors: buyer demand, economic conditions, and the availability of listings — factors that have been very much in play in recent years. Sales volume began to recover in 2024, but this recovery takes time to become evident in 12-month rolling data. By using this approach, seasonal fluctuations are smoothed out, providing a more consistent long-term view, even though it may not immediately reflect short-term changes.
Macroeconomic Factors Report
San Francisco Neighborhood Price Map
U.S. Trophy-Home Sales Soar Despite Market Concerns
Ultra-luxury home sales jumped 5.4% in early 2024, hitting $14.6 billion. Los Angeles and Manhattan dominate, with Palm Beach County rising to third. High-net-worth buyers, particularly in Florida and emerging markets like Greater Nashville, are fueling the growth.
S.F. Lawmaker Wants City To Ban Algorithmic Rent-Setting
San Francisco is taking a bold step to protect renters by potentially becoming the first city to ban rent-setting algorithms. Proposed legislation aims to ensure fairer rental prices by prohibiting the use of software, which suggest rent rates based on data.
San Francisco: September’s Festival Season Awaits
While September may usher in autumn elsewhere, in San Francisco, it’s the start of a season brimming with energy and excitement. Immerse yourself in a dazzling array of festivals and events that showcase the city’s unique spirit. Don’t miss your chance to experience the magic—San Francisco’s September celebrations are calling.
Labor Day in San Francisco: History, Festivities, and How to Celebrate
Discover the true meaning of Labor Day and explore the best ways to celebrate in San Francisco this year. From its historical roots to the vibrant events happening in the Bay Area, make the most of this holiday with concerts, festivals, and unforgettable experiences.
We adore this hidden gem in San Francisco’s Pacific Heights neighborhood, with its unique cocktails, local beer and wine, and California comfort food served in a warm and beautiful space!
DA Team Tip: Go for the cocktails and stay for the “bar food.” Don’t miss the smash burger with a side of tots! Yum!
“Dale and Alla sold my house in just ten days and were incredible allies throughout the emotional process. They answered all my questions promptly, were sensitive to my feelings, and provided thoughtful, well-researched advice. Dale and Alla helped set the perfect price, worked closely with stagers, and created beautiful promotional materials. I give them an A+ — they really know how to build buzz and attract buyers!”
— Martha R.
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