Much like our recent weather patterns, the San Francisco real estate market continues to be a bit unpredictable, affected largely by macroeconomic events. Despite a busy start and increasing buyer activity in certain segments, the market as a whole is not experiencing the boom that we usually typically experience at this time of year. We expect the competing market forces of decreasing available inventory versus the increasing cost of ownership to continue to create choppiness in real estate values in the short term. For more of our Dale + Alla Team take, click on the above link to hear Dale’s Market Update.
Whatever your real estate goals, we are here to help you. If you have been waiting to buy, now might just be the right time! For sellers, it is crucial to prepare your home for sale, pay attention to the details and focus on strategic upgrades and list price strategy to achieve optimal results.
Below, check out the latest news on the San Francisco real estate market, some of our listings, and don’t miss fun things to do in SF along with our team’s pick of the month!
As always, we look forward to hearing from you about any local real estate-related questions. If you need help outside San Francisco, we also have an amazing network of great agents that can help you, your friends, and your family with real estate needs nationwide.
We look forward to connecting. Dale can be reached at 415.748.1519 and Alla at 415.748.2550. Please stay safe and healthy!
SEE MORE San Francisco MARKET TRENDS HERE
Click HERE for a San Francisco Neighborhood Price Map
Below is a look at long-term median sales price in SF since 1990. Year over year, the 3-month rolling median house sales price in Jan 2023 was down about 16.5 %.
Dale + Alla Team Take
San Francisco Real Estate remains a good investment over time.
Per Freddie Mac as of early February the weekly average 30 year interest rate was 6.09%, almost a full point down from November 2022.
Dale + Alla Team Take
Buyers are starting to jump back into the real estate market
March 18th
The WCC Market in San Francisco brings together 100+ of the best artist and designer craftspeople at a single-day, outdoor market on the Fort Mason Center campus.
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Grab a Cocktail at These 13 Hot New Bars in SF
This city has something for every kind of drinker from cocktails and beer to wine and sake.
From the couple behind Michelin-starred Birdsong comes fast-casual fried chicken restaurant Birdbox. And, of course, Claude the Claw — that incredibly photo-worthy sandwich served with a whole chicken foot straining out from between two sesame seeded buns — seems guaranteed to be the star. But the sandwich isn’t about the shock factor; it’s about transparency in sourcing, chef Chris Bleidorn explains. “To the folks that say, ‘I don’t want to order a sandwich with a claw on, that’s gross or scary’ — what people should be concerned about are chickens without the claw,” he says. “Because then you don’t really know what you’re getting.”
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