February 2025 Market Report San Francisco Bay Area

Page 1


San Francisco Bay 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 in today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

BuyerBrightSpot: ThereAreMoreHomesonthe Market

The past few years have been challenging for homebuyers, especially with higher home prices and mortgage rates. And if you’re trying to buy a home, it’s easy to worry you won’t be able to find something in your budget.

But here’s what you need to know. The number of homes for sale has grown a whole lot lately and that’s true for both existing (previously lived-in) and newly built homes. Here’s a look at those two bright spots for buyers right now and why they may make it a bit easier to find the home you’re been looking for.

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

In2024,thehomebuyingmarketfacessignificantchallenges highprices, steepinterestrates,andlimitedhousinginventory.Formany,renovatingtheir currenthomeisamoreattractiveoptionthanpurchasinganewone.Whilethe LIRAreportpredictsadeclineinrenovationspending,expertsemphasizethat small-scaleupdatesortargetedlargerprojectscanstilldelivermajorbenefits.

Beforedivingintoarenovation,it’sessentialtoplan carefullyandbudgetwisely.Workingwithreputable professionalsiskey,especiallythoseoffering financingoptionsandtransferablewarranties.Sharing yourbudgetwithcontractorsupfrontandinvolving designersearlyensuresthatyourrenovationruns smoothlyandachievesbothfinancialandfunctional success Adetailedplanwillkeeptheprojectontrack andhelpavoidcostlysurprises

ANENBERG-ESSERT FAMILYADUIN CAMPBELL ProjectSpotlight:

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 1,305 single-family homes for sale, providing 1.8 months of inventory. There were 773 new listings, and 324 homes sold at a median price of $1.1m. The median overbid percentage was at 101%, with an average of 27 days on the market.

There were 777 condo and townhome units for sale, providing 3 months of inventory There were 387 new listings and 143 units sold at a median sale price of $680k. The median overbid percentage was at 97.7%, with an average of 40 days on the market.

He-Family Homes

3 ings

324 Sold Listings

8 of Inventory

$1.1M Median Sale Price

1% Sale vs List

27 Avg Days on Market

sourced from InfoSparks, includes all single-family homes, condos and in the California Area above from January 2024 to January 2025. This may minary 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 2025. Each office is independently owned and operated.

387 New Listings 3 Months of Inventory

Listings

AlamedaCounty

JANUARY 2024 - JANUARY 2025

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 10m last January 2024, to $1 12m as of January 2025

Condos & Townhomes

The median sale price has decreased from $690k last January 2024, to $680k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 24 days last January 2024, to 27 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 35 days in January 2024, to 40 days as of January 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 101 1% last January 2024, to 101% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.9% last January 2024, to 97.7% a year later.

Contra Costa

What's in the Contra Costa data?

There were 927 single-family homes for sale, providing 1.5 months of inventory. There were 786 new listings, and 325 homes sold at a median price of $784k. The median overbid percentage was at 100%, with an average of 42 days on the market.

There were 420 condo and townhome units for sale, providing 2.4 months of inventory. There were 299 new listings and 108 units sold at a median sale price of $650k. The median overbid percentage was at 100%, with an average of 41 days on the market

Single-Family Homes

786 New Listings

325 Sold Listings

1.5 Months of Inventory

$784K

Median Sale Price

100%

Median Sale vs List

42 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from January 2024 to January 2025. 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 2025. Each office is independently owned and operated.

299

New Listings

108

Sold Listings

2.4

Months of Inventory

$650K

Median Sale Price

100%

Median Sale vs List

41 Avg Days on Market

ontraCosta

JANUARY 2024 - JANUARY 2025

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 $770k last January 2024, to $784k as of January 2025

Condos & Townhomes

The median sale price has increased from $590k last January 2024, to $650k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 37 days last January 2024, to 42 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 40 days in January 2024, to 41 days as of January 2025.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 100% last January 2024, to 100% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last January 2024, to 100% a year later.

Napa County

What's in the Napa County data?

There were 242 single-family homes for sale, providing 3.4 months of inventory. There were 79 new listings, and 44 homes sold at a median price of $880k. The median overbid percentage was at 98 7%, with an average of 87 days on the market

There were 37 condo and townhome units for sale, providing 3.8 months of inventory. There were 6 new listings and 5 units sold at a median sale price of $910k. The median overbid percentage was at 98.9%, with an average of 111 days on the market.

Single-Family Homes

79 New Listings

44 Sold Listings

3.4 Months of Inventory

$880K

Median Sale Price

98.7%

Median Sale vs List

87 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from January 2024 to January 2025. 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 2025. Each office is independently owned and operated.

New Listings

5 Sold Listings

3.8

Months of Inventory

$910K

Median Sale Price 98.9%

Median Sale vs List 111 Avg Days on Market

NapaCounty

JANUARY 2024 - JANUARY 2025

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 $980k last January 2024, to $880k as of January 2025

Condos & Townhomes

The median sale price has increased from $617k last January 2024, to $910k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 109 days last January 2024, to 87 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 67 days in January 2024, to 111 days as of January 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99 2% last January 2024, to 98 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 99% last January 2024, to 98.9% a year later.

San Francisco County

What's in the San Francisco County

data?

There were 204 single-family homes for sale, providing 1.1 months of inventory. There were 217 new listings, and 110 homes sold at a median price of $1.4m. The median overbid percentage was at 102%, with an average of 49 days on the market.

There were 484 condo and townhome units for sale, providing 2.7 months of inventory. There were 354 new listings and 102 units sold at a median sale price of $977k. The median overbid percentage was at 98.6%, with an average of 102 days on the market.

Single-Family Homes

217 New Listings

110 Sold Listings

1.1 Months of Inventory

$1.4M Median Sale Price

101.6%

Median Sale vs List

49 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from January 2024 to January 2025. 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 2025. Each office is independently owned and operated.

354

New Listings

102 Sold Listings

2.7

Months of Inventory

$977K

Median Sale Price 98.6%

Median Sale vs List

102 Avg Days on Market

SanFranciscoCounty

JANUARY 2024 - JANUARY 2025

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 5m last January 2024, to $1 4m as of January 2025

Condos & Townhomes

The median sale price has decreased from $1 1m last January 2024, to $977k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 58 days last January 2024, to 49 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 80 days in January 2024, to 102 days as of January 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 1% last January 2024, to 102% a year later

Condos & Townhomes

The overbid percentage has increased from 97.4% last January 2024, to 98.6% a year later.

SanMateo County

What's in the San Mateo Cou data?

There were 278 single-family homes for sale, providing 0.9 months of inventory. There wer new listings, and 152 homes sold at a media price of $1.8m. The median overbid percenta was at 100 4%, with an average of 38 days on market.

There were 178 condo and townhome units f sale, providing 1.9 months of inventory. Ther were 133 new listings and 44 units sold at a median sale price of $919k. The median over percentage was at 100%, with an average of days on the market

323 New Listings

152 Sold Listings

0.9 Months of Inventory

$1.8M Median Sale Price

100.4%

Median Sale vs List

38 Avg Days on Market

133

New Listings

1.9

Months of Inventory

$919K Median Sale Price 100%

Median Sale vs List 58 Avg Days on Market 44 Sold Listings

SanMateoCounty

JANUARY 2024 - JANUARY 2025

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 84m last January 2024, to $1 80m as of January 2025

Condos & Townhomes

The median sale price has increased from $772k last January 2024, to $919k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 45 days last January 2024, to 38 days as of January 2025

Condos & Townhomes

The average time spent on the market went down from 68 days in January 2024, to 58 days as of January 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 100% last January 2024, to 100 4% a year later

Condos & Townhomes

The overbid percentage has increased from 99.6% last January 2024, to 100% a year later.

SantaC County

What's in the Sant County data?

There were 490 single-family providing 0.7 months of inve new listings, and 363 homes price of $1.8m. The median o was at 101 4%, with an avera market.

There were 432 condo and to sale, providing 1.4 months of were 463 new listings and 16 median sale price of $920k. T percentage was at 100%, wit days on the market

673 New Listings

0.7 Months of Inventory

101.4%

Median Sale vs List

363 Sold Listings

$1.8M Median Sale Price

28 Avg Days on Market

homes, condos and January 2025. This may was gathered. All data is Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

463

New Listings

169

Sold Listings

1.4

Months of Inventory

$920K

Median Sale Price 100%

Median Sale vs List 45 Avg Days on Market

antaClaraCounty

JANUARY 2024 - JANUARY 2025

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 7m last January 2024, to $1 8m as of January 2025

Condos & Townhomes

The median sale price has decreased from $922k last January 2024, to $920k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 25 days last January 2024, to 28 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 39 days in January 2024, to 45 days as of January 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 8% last January 2024, to 101 4% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last January 2024, to 100% a year later.

Solano County

What's in the Sola

data?

There were 560 single-family providing 1.9 months of inve new listings, and 179 homes price of $566k. The median o was at 100%, with an average market.

There were 80 condo and tow sale, providing 3 months of in 39 new listings and 16 units price of $382k. The median o was at 100%, with an average market

315 New Listings

1.9 Months of Inventory

100%

Median Sale vs List

179 Sold Listings

$566K Median Sale Price

59 Avg Days on Market

homes, condos and January 2025. This may was gathered. All data is Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $575k last January 2024, to $566k as of January 2025

Condos & Townhomes

The median sale price has increased from $335k last January 2024, to $382k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 55 days last January 2024, to 59 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 68 days in January 2024, to 81 days as of January 2025.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 100% last January 2024, to 100% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last January 2024, to 100% a year later.

Sonoma County

What's in the Sonoma data?

There were 544 single-family homes for sale, providing 1.8 months of inventory. There were 221 new listings, and 173 homes sold at a median price of $818k. The median overbid percentage was at 100%, with an average of 64 days on the market.

There were 83 condo and townhome units for sale, providing 2 months of inventory. There were 46 new listings and 25 units sold at a median sale price of $445k. The median overbid percentage was at 100%, with an average of 54 days on the market.

Single-Family Homes

221 New Listings

173 Sold Listings

1.8 Months of Inventory

$818K

Median Sale Price

100%

Median Sale vs List

64

Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from January 2024 to January 2025. 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 2025. Each office is independently owned and operated.

SonomaCounty

JANUARY 2024 - JANUARY 2025

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 $829k last January 2024, to $818k as of January 2025

Condos & Townhomes

The median sale price has decreased from $460k last January 2024, to $445k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 70 days last January 2024, to 64 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 51 days in January 2024, to 54 days as of January 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 3% last January 2024, to 100% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last January 2024, to 100% a year later.

Southern/ Central Marin

What's in the Southern/Central Marin data?

There were 148 single-family homes for sale, providing 1 month of inventory. There were 68 new listings, and 63 homes sold at a median price of $1.4m. The median overbid percentage was at 100%, with an average of 80 days on the market.

There were 91 condo and townhome units for sale, providing 2 1 months of inventory There were 33 new listings and 26 units sold at a median sale price of $712k. The median overbid percentage was at 99%, with an average of 73 days on the market.

Single-Family Homes

68 New Listings

63 Sold Listings

1 Month of Inventory

$1.4M

Median Sale Price

100%

Median Sale vs List

80 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from January 2024 to January 2025. 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 2025. Each office is independently owned and operated.

New Listings 2.1

Months of Inventory

Median Sale vs List 73 Avg Days on Market 26 Sold Listings

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 5m last January 2024, to $1 4m as of January 2025

Condos & Townhomes

The median sale price has decreased from $868k last January 2024, to $712k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 69 days last January 2024, to 80 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 70 days in January 2024, to 73 days as of January 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 9% last January 2024, to 100% a year later

Condos & Townhomes

The overbid percentage has increased from 98.9% last January 2024, to 99% a year later.

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.