Economists generally believe there should be a rational equilibrium in the cost of housing of different housing types. But after the pandemic hit, supply and demand shifted dramatically: SF median house prices are now up 13%, condo prices are flat, … Continue reading
The post San Francisco September 2021 Report: Sales, Prices, Trends first appeared on Paragon Specific.
A 3 month rolling trends will illustrate market seasonality – typical seasonal ups and downs in median prices – as well as broad, longer-term trends. The Q2 2020 to Q2 2021 decline in mortgage interest rates was a positive factor … Continue reading
The post Bay Area Housing Affordability, Q2 2021 first appeared on Paragon Specific.
In the first 6 months of 2021, over $6.7 billion in home sales were reported to MLS in San Francisco, 49% above the previous peak in 2018.
The post San Francisco August 2021 Market Report: Sales, Prices, Trends first appeared on Paragon Specific.
Approximately 3,885 MLS sales occurred in the six months through mid-June 2021. 54% of MLS sales ere condos, 38% were houses, 6% TICs, 1% co-ops and 1% townhouses. Seasonal fluctuations are common and it’s not unusual for median sales prices … Continue reading
The post San Francisco July 2021 Report: Sales, Prices, Trends first appeared on Paragon Specific.