Dzovig Derounian - November 2024 Market Report San Francisco Bay Area
California area
Jump to Alameda Report Alameda
Contra Costa
Jump to Contra Costa Report
Jump to Napa Report Napa County
San Francisco County
Jump to San Francisco County Report
San Mateo
Jump to San Mateo Report
Santa Clara
Jump to Santa Clara Report
Solano County
Jump to Solano Report
Sonoma County
Jump to Sonoma Report
Jump to Marin Report Southern/Central Marin
What’syourhome reallyworthin today’smarket?
That's the question you should be asking yourself.
Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.
So, do you know what your home is worth today's market?
Icanhel
Contact me for a confidential, no obligation assessment of your home's value.
IsaFixerUpperRightforYou?
Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems like a huge roadblock – and it might be with a fixer upper. Let’s dive into why buying a fixer upper could be your ticket to homeownership and how you can make it work.
What Is a Fixer Upper?
A fixer upper is a home that’s in livable condition but needs some work. The amount of work varies by home – some may need cosmetic updates like wallpaper removal and new flooring, while others might require more extensive repairs like replacing a roof or updating plumbing.
Smart Strategies for a Mortgage Application
Avoid paying off debts or collections without professional advice.
Don't have your credit report pulled too many times - this can hurt your credit score. 3 4 5 6 1 2
Always consult your mortgage professional before making large financial moves. Use verified funds for deposits to prevent closing delays.
HomeRenovationsThatCanMakea BIG IMPACT AccordingtoExperts
Enhancing Property Value and Family Living Space with an Acton ADU
The Anenberg-Essert family in Campbell collaborated with Acton ADU to create a versatile, comfortable, and valuable addition to their property. This ADU project is a shining example of how a well-designed accessory dwelling unit can increase property value and serve a family’s unique needs.
GoalsandVision
The family envisioned an ADU that would function as an independent living space for family members, enhance their property’s worth, and provide seamless integration with the main home They wanted a space that balanced privacy with connectivity, feeling like a natural extension of their residence
Design and Construction Details
Constructed at 747 square feet, this ADU was designed with modern, high-quality finishes to serve both aesthetic and practical needs. Key features include:
Vaulted Ceilings
Creates a spacious, open atmosphere
Senior-Friendly Living
Safe, independent space for elderly family members
Fully Equipped Kitchen
Modern amenities for everyday convenience
Open Living Area
Multipurpose area for relaxation and entertainment
Results and Impact
The completion of the Anenberg-Essert ADU led to several valuable outcomes:
Increased Property Value
The ADU addition significantly boosted property value
Flexible Living Space
A versatile space for family, guests, or as a rental
Modern Comforts
High-end finishes and amenities enhance both function and style.
Enhanced Family Living
The ADU enriches the AnenbergEssert family’s home with both privacy and connection
VENDOR DIRECTORY
When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.
Alameda
What's in the Alameda data?
There were 2,164 single-family homes for sale, providing 1.4 months of inventory. There were 852 new listings, and 754 homes sold at a median price of $1.2m. The median overbid percentage was at 106.7%, with an average of 25 days on the market.
There were 1,044 condo and townhome units for sale, providing 2 8 months of inventory There were 333 new listings and 218 units sold at a median sale price of $712k. The median overbid percentage was at 99.7%, with an average of 38 days on the market.
He-Family Homes
2 ings
754 Sold Listings
4 of Inventory
$1.2M Median Sale Price
6.7% Sale vs List
25 Avg Days on Market
sourced from InfoSparks, includes all single-family homes, condos and in the California Area above from October 2023 to October 2024. This may preliminary data, and may vary from the time the data was gathered. All data is reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
333
New Listings
218 Sold Listings
2.8
Months of Inventory $712K Median Sale Price 99.7% Median Sale vs List 38 Avg Days on Market
AlamedaCounty
OCTOBER 2023 - OCTOBER 2024
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Single-Family Homes
The median sale price has increased from $1 22m last October 2023, to $1 26m as of October 2024
Condos & Townhomes
The median sale price has decreased from $722k last October 2023, to $712k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 21 days last October 2023, to 25 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 26 days in October 2023, to 38 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 106 8% last October 2023, to 106 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 101.9% last October 2023, to 99.7% a year later.
Contra Costa
What's in the Contra Costa data?
There were 1,216 single-family homes for sale, providing 1.9 months of inventory. There were 849 new listings, and 684 homes sold at a median price of $860k. The median overbid percentage was at 100%, with an average of 28 days on the market.
There were 522 condo and townhome units for sale, providing 2.9 months of inventory. There were 271 new listings and 172 units sold at a median sale price of $602k. The median overbid percentage was at 100%, with an average of 36 days on the market
Single-Family Homes
849 New Listings
684 Sold Listings
1.9 Months of Inventory
$860K Median Sale Price
100%
Median Sale vs List
28 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from October 2023 to October 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
271
New Listings
172 Sold Listings
2.9
Months of Inventory $602K
Median Sale Price 100%
Median Sale vs List 36 Avg Days on Market
ontraCosta
OCTOBER 2023 -
OCTOBER 2024
TINGS FOR SALE SOLD LISTINGS
Family Homes
2 months, year-over-year.
s & Townhomes
2 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $809k last October 2023, to $860k as of October 2024
Condos & Townhomes
The median sale price has increased from $550k last October 2023, to $602k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 26 days last October 2023, to 28 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 27 days in October 2023, to 36 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 100 1% last October 2023, to 100% a year later
Condos & Townhomes
The overbid percentage has remained the same from 100% last October 2023, to 100% a year later.
Napa County
What's in the Napa County data?
There were 358 single-family homes for sale, providing 5.2 months of inventory. There were 63 new listings, and 69 homes sold at a median price of $870k. The median overbid percentage was at 97 5%, with an average of 73 days on the market
There were 58 condo and townhome units for sale, providing 6.3 months of inventory. There were 8 new listings and 8 units sold at a median sale price of $795k. The median overbid percentage was at 99.4%, with an average of 53 days on the market.
Single-Family Homes
63 New Listings
69 Sold Listings
5.2 Months of Inventory
$870K Median Sale Price
97.5%
Median Sale vs List
73 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from October 2023 to October 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
New Listings 6.3 Months of Inventory $795K Median Sale Price 99.4% Median Sale vs List 53 Avg Days on Market 8 Sold Listings
NapaCounty
OCTOBER 2023 - OCTOBER 2024
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $1m last October 2023, to $870k as of October 2024
Condos & Townhomes
The median sale price has increased from $736k last October 2023, to $795k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 53 days last October 2023, to 73 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 46 days in October 2023, to 53 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 100% last October 2023, to 97 5% a year later
Condos & Townhomes
The overbid percentage has increased from 97.5% last October 2023, to 99.4% a year later.
San Francisco County
What's in the San Francisco County data?
There were 333 single-family homes for sale, providing 1.8 months of inventory. There were 265 new listings, and 240 homes sold at a median price of $1.7m. The median overbid percentage was at 111.9%, with an average of 22 days on the market.
There were 771 condo and townhome units for sale, providing 4.5 months of inventory. There were 263 new listings and 190 units sold at a median sale price of $1.2m. The median overbid percentage was at 100%, with an average of 50 days on the market.
Single-Family Homes
265 ew Listings
240 Sold Listings
1.8 Months of Inventory
$1.7M Median Sale Price
111.9%
Median Sale vs List
22 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from October 2023 to October 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
Condo
& Townhomes
263
New Listings
190 Sold Listings
4.5
Months of Inventory
$1.2M
Median Sale Price
100%
Median Sale vs List
50 Avg Days on Market
SanFranciscoCounty
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE SOLD LISTINGS
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 6m last October 2023, to $1 7m as of October 2024
Condos & Townhomes
The median sale price has increased from $1 1m last October 2023, to $1 2m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 23 days last October 2023, to 22 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 47 days in October 2023, to 50 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 105 4% last October 2023, to 111 9% a year later
Condos & Townhomes
The overbid percentage has increased from 99.1% last October 2023, to 100% a year later.
SanMateo County
What's in the San Mateo Cou data?
There were 442 single-family homes for sale, providing 1.5 months of inventory. There wer new listings, and 352 homes sold at a media price of $1.9m. The median overbid percenta was at 102 8%, with an average of 28 days on market.
There were 243 condo and townhome units f sale, providing 2.6 months of inventory. Ther were 128 new listings and 101 units sold at a median sale price of $880k. The median over percentage was at 100%, with an average of days on the market
128
New Listings
Listings
SanMateoCounty
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE SOLD LISTINGS
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $1 94m last October 2023, to $1 92m as of October 2024
Condos & Townhomes
The median sale price has decreased from $910k last October 2023, to $880k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 22 days last October 2023, to 28 days as of October 2024
Condos & Townhomes
The average time spent on the market went down from 42 days in October 2023, to 34 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 101 4% last October 2023, to 102 8% a year later
Condos & Townhomes
The overbid percentage has remained the same from 100% last October 2023, to 100% a year later.
SantaC County
What's in the Sant County data?
There were 756 single-family providing 1.1 months of inve new listings, and 761 homes price of $1.9m. The median o was at 103 8%, with an avera market.
There were 543 condo and to sale, providing 1.8 months of were 406 new listings and 28 median sale price of $1m. Th percentage was at 100.7%, w days on the market
homes, condos and October 2024. This may was gathered. All data is Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
Condo & Townhomes
406
New Listings
286 Sold Listings
1.8
Months of Inventory
$1M
Median Sale Price
100.7%
Median Sale vs List 25 Avg Days on Market
antaClaraCounty
OCTOBER 2023 - OCTOBER 2024
TINGS FOR SALE SOLD LISTINGS
Family Homes
2 months, year-over-year.
s & Townhomes
2 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 8m last October 2023, to $1 9m as of October 2024
Condos & Townhomes
The median sale price has increased from $984k last October 2023, to $1m as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market remained the same from 19 days last October 2023, to 19 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 20 days in October 2023, to 25 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 103 5% last October 2023, to 103 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 101.1% last October 2023, to 100.7% a year later.
Solano County
What's in the Sola data?
There were 668 single-family providing 2.3 months of inve new listings, and 285 homes price of $605k. The median o was at 100%, with an average market.
There were 83 condo and tow sale, providing 3 months of in 33 new listings and 27 units price of $345k. The median o was at 100%, with an average market
homes, condos and October 2024. This may was gathered. All data is Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $620k last October 2023, to $605k as of October 2024
Condos & Townhomes
The median sale price has decreased from $351k last October 2023, to $345k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 37 days last October 2023, to 48 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 30 days in October 2023, to 55 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has remained the same from 100% last October 2023, to 100% a year later
Condos & Townhomes
The overbid percentage has remained the same from 100% last October 2023, to 100% a year later.
Sonoma County
What's in the Sonoma data?
There were 823 single-family homes for sale, providing 2.7 months of inventory. There were 274 new listings, and 357 homes sold at a median price of $824k. The median overbid percentage was at 100%, with an average of 53 days on the market.
There were 76 condo and townhome units for sale, providing 1.8 months of inventory. There were 38 new listings and 46 units sold at a median sale price of $429k. The median overbid percentage was at 100%, with an average of 59 days on the market.
Single-Family Homes
274 New Listings
357 Sold Listings
2.7 Months of Inventory
$824K Median Sale Price
100%
Median Sale vs List
53 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from October 2023 to October 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
38
New Listings
1.8
Months of Inventory $429K
Median Sale Price
Median Sale vs List 59 Avg Days on Market 46 Sold Listings
SonomaCounty
OCTOBER 2023 - OCTOBER 2024
LISTINGS FOR SALE SOLD LISTINGS
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $850k last October 2023, to $824k as of October 2024
Condos & Townhomes
The median sale price has decreased from $508k last October 2023, to $429k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 52 days last October 2023, to 53 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 36 days in October 2023, to 59 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has remained the same from 100% last October 2023, to 100% a year later
Condos & Townhomes
The overbid percentage has remained the same from 100% last October 2023, to 100% a year later.
Southern/ Central Marin
What's in the Southern/Central Marin data?
There were 334 single-family homes for sale, providing 2.3 months of inventory. There were 89 new listings, and 193 homes sold at a median price of $1.7m. The median overbid percentage was at 100%, with an average of 38 days on the market.
There were 133 condo and townhome units for sale, providing 3 months of inventory. There were 39 new listings and 41 units sold at a median sale price of $660k. The median overbid percentage was at 100%, with an average of 78 days on the market.
Single-Family Homes
89 New Listings
193 Sold Listings
2.3 Months of Inventory
$1.7M Median Sale Price
100% Median Sale vs List
38 Avg Days on Market
The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from October 2023 to October 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
New Listings 3 Months of Inventory 100%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $1 75m last October 2023, to $1 72m as of October 2024
Condos & Townhomes
The median sale price has decreased from $795k last October 2023, to $660k as of October 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 28 days last October 2023, to 38 days as of October 2024
Condos & Townhomes
The average time spent on the market went up from 57 days in October 2023, to 78 days as of October 2024.
Overbids
Single-Family Homes
The overbid percentage has remained the same from 100% last October 2023, to 100% a year later
Condos & Townhomes
The overbid percentage has increased from 99.9% last October 2023, to 100% a year later.