Market report for San Francisco Bay area May 2023

Page 1

May 2023 Copyright by KW Advisors 2023

San Francisco

Bay area

Alameda

Jump to Alameda Report

Contra Costa

Jump to Contra Costa Report

Napa

Jump to Napa Report

San Francisco County

Jump to San Francisco County Report

San Mateo

Jump to San Mateo Report

Santa Clara

Jump to Santa Clara Report

Solano

Jump to Solano Report

Sonoma

Jump to Sonoma Report

Southern/Central Marin

Jump to Marin Report

What’syourhome reallyworthin today’smarket?

That's really 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 At the end of the day, 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.

HowHomeownersWinWhen TheyDownsize

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains:

“Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to downsize to save money on housing . . .”

And when inflation has made most things significantly more expensive, saving money where you can has a lot of appeal. So, if you’re thinking about ways to budget differently, it could be worthwhile to take your home into consideration.

When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements. Realtor.com shares:

“A smaller home typically means lower bills and less upkeep. Then there’s the potential windfall that comes from selling your larger home and buying something smaller.”

That windfall is thanks to your home equity. If you’ve been in your house for a while, odds are you’ve developed a considerable amount of equity. Your home equity is an asset you can use to help you buy a home that better suits your needs today.

And when you’re ready to make a move, your team of real estate experts will be your guides through every step of the process. That includes setting the right price for your house when you sell, finding the best location and size for your next home, and understanding what you can afford at today’s mortgage rate.

What This Means for You

If you’re thinking about downsizing, ask yourself these questions:

Do the original reasons I bought my current house still stand, or have my needs changed since then?

Do I really need and want the space I have right now, or could somewhere smaller be a better fit?

What are my housing expenses right now, and how much do I want to try to save by downsizing?

Once you know the answers to these questions, meet with a real estate advisor to get an answer to this one: What are my options in the market right now? A local housing market professional can walk you through how much equity you have in your house and how it positions you to win when you downsize.

Bottom Line

If you’re looking to save money, downsizing your home could be a great help toward your goal. Talk with a real estate agent about your goals in the housing market this year.

Source: Keeping Current Matters

Alameda

What's in the Alameda data?

There are 1,389 single-family homes for sale, providing 0.9 months of inventory. There are 744 new listings, and 555 homes sold for a median price of $1.2m. The median overbid was 106.9%, with an average of 19 days on the market.

There are 574 condo and townhome units for sale, providing 1.3 months of inventory. There are 271 new listings, and 195 units sold at a median sale price of $685k. The median overbid percentage was 101.7%, with an average of 27 days on the market.

SFH Single Family Homes

744 New Listings

555 Sold Listings

0.9 Months of Inventory

$1.2M Median Sale Price

106.9% Median Sale vs List

19 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from April 2022 to April 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors 2023. Each Office is independently owned and operated.

271 New Listings

195 Sold Listings

1.3 Months of Inventory

$685K Median Sale Price

101.7% Median Sale vs List

27 Avg Days on Market

CONDO Condo & Townhomes

Last

Condos

Last 12 months, year-over-year

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 4000 3000 2000 1000 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 1500 1000 500 0 Alameda APRIL 2022 - APRIL 2023
Family Homes
Single
12
year-over-year.
months,
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

The

The overbid percentage has decreased from 121 1% in April 2022, to 106 9% a year later

Condos

& Townhomes

percentage has decreased from 110.6% in April 2022, to 101.7% a year later

Back to Table of Contents

Single

The average time spent on the market increased from 12 days in April 2022, to 19 days as of April 2023

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 50 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Condos & Townhomes
median sales price has
from $810k in April 2022, to $685k as of April 2023 Single Family Homes
The
decreased
median sales
4m
April 2023
& Townhomes
price has decreased from $1
in April 2022, to $1 2m as of
AVGDays OntheMarket Condos
The average time spent on the market increased from 17 days in April 2022, to 27 days as of April 2023. Family Homes
Overbids
The Family Homes
overbid
Single

Contra Costa

What's in the Contra Costa data?

There are 747 single-family homes for sale, providing 1.1 months of inventory. There are 815 new listings, and 543 homes sold at a median sale price of $900k. The median overbid percentage was 100.9%, with an average of 27 days on the market.

There are 225 condo and townhome units for sale, providing 1.2 month of inventory. There are 219 new listings, and 142 units sold at a median sale price of $545k. The median overbid percentage was 100%, with an average of 25 days on the market.

SFH Single Family Homes

815 New Listings

543 Sold Listings

1.1 Months of Inventory

$900K Median Sale Price

100.9% Median Sale vs List

27 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area from April 2022 to April 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors 2023. Each Office is independently owned and operated.

CONDO

Condo & Townhomes

219 New Listings

142 Sold Listings

1.2 Months of Inventory

$545K Median Sale Price

100% Median Sale vs List

25 Avg Days on Market

Last 12 months,

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 3000 2000 1000 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 750 500 250 0 ContraCosta APRIL 2022 - APRIL 2023
Family Homes
12 months, year-over-year.
& Townhomes
Single
Last
Condos
year-over-year LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single

The median sales price has decreased from $986k in April 2022, to $900k as of April 2023

Condos

AVGDays OntheMarket

Family Homes

The average time spent on the market increased from 12 days last April 2022, to 27 days as of April 2023

& Townhomes

The average days on market went up from 13 days in April 2022, to 25 days as of April 2023.

Overbids

Single

Family Homes

&

Townhomes

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $1,000,000 $750,000 $500,000 $250,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 50 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
The median sales price has decreased from $650k in April 2022, to $545k as of April 2023 Family Homes
Condos
Single
Condos
The overbid percentage has decreased from 106.8% in April 2022, to 100% a year later
Back to Table of Contents
The overbid percentage has decreased from 108 6% in April 2022, to 100 9% a year later

Napa County

What's in the Napa County data?

There are 229 single-family homes for sale, providing 3 months of inventory. There are 86 new listings, and 60 homes sold at a median sale price of $825k. The median overbid percentage was 99.7%, with an average of 60 days on the market.

There are 15 condo and townhome units for sale, providing 1.5 months of inventory. There are 7 new listings, and 8 units sold at a median sale price of $717k. The median overbid percentage was 100%, with an average of 48 days on the market.

single-family homes, condos and 2023. This may include gathered. All data is deemed Advisors. 415.483.9285 2023. Each Office is

25K le Price gs
on Market

CONDO

Condo & Townhomes

7 New Listings

8 Sold Listings

1.5 Months of Inventory

$717K Median Sale Price

100% Median Sale vs List

48 Avg Days on Market

Last 12 months,

Condos

Last 12 months, year-over-year

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 500 400 300 200 100 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 50 40 30 20 10 0 Napa APRIL 2022 - APRIL 2023
Single Family Homes
year-over-year.
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

The median sales price has decreased from $971k in April 2022, to $825k as of April 2023

Overbids

The overbid percentage has decreased from 101 5% in April 2022, to 99 7% a year later

The overbid percentage has decreased from 102.4% in April 2022, to 100% a year later

Single

The average time spent on the market increased from 40 days last April 2022, to 60 days as of April 2023

The average time spent on the market increased from 39 days in April 2022, to 48 days as of April 2023.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 80 60 40 20 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Condos
Family Homes
The median sales price has increased from $640k in April 2022, to $717k as of April 2023 Single
& Townhomes
AVGDays OntheMarket Condos
Family Homes
Townhomes
Condos &
Single Family Homes
Back to Table of Contents

San Francisco County

What's in the San Francisco County data?

There are 317 single-family homes for sale, providing 1.9 months of inventory. There are 235 new listings, and 171 homes sold at a median sale price of $1.5m. The median overbid percentage was 104%, with an average of 32 days on the market.

There are 600 condo and townhome units for sale, providing 3.2 months of inventory. There are 270 new listings, and 175 units sold at a median sale price of $1.1m. The median overbid percentage was 100%, with an average of 58 days on the market.

SFH Single Family Homes

235 New Listings

171 Sold Listings

1.9 Months of Inventory

$1.5M Median Sale Price

104% Median Sale vs List

32 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area from April 2022 to April 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors 2023. Each Office is independently owned and operated.

270 New Listings

175 Sold Listings

3.2 Months of Inventory

$1.1M Median Sale Price

100% Median Sale vs List

58 Avg Days on Market

CONDO Condo & Townhomes
August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 rancisco ty APRIL 2022 - APRIL 2023 mes ear-over-year. mes ear-over-year LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single

Homes

AVGDays OntheMarket

Family

Homes

& Townhomes

The average time spent on market decreased from 84 days in April 2022, to 58 days as of April 2023.

Overbids

Single Family Homes

Condos & Townhomes

The overbid percentage has decreased from 103.6% in April 2022, to 100% a year later

Back to Table of Contents

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Condos
The median sales price has decreased from $1 3m in April 2022, to $1 1 as of April 2023 Family
The median sales price has decreased from $2m in April 2022, to $1 5m as of April 2023
Condos
Single
The average time spent on the market increased from 16 days in April 2022, to 32 days as of April 2023
The overbid percentage has decreased from 121 9% in April 2022, to 104% a year later

SanMat County

What's in the San Mate County data?

There are 380 single-family homes for sale, providing 1.4 months of inventory. There are 388 new listings, and 227 homes sold at a median sale price of $1.8m. The median overbid percentage was 100.3%, with an average of 25 days on the market.

There are 139 condo and townhome units for sale, providing 1.5 months of inventory. There are 133 new listings, and 70 units sold at a median sale price of $857k. The median overbid percentage was 100%, with an average of 36 days on the market.

SFH Single Family Homes

388 New Listings

227 Sold Listings

1.4 Months of Inventory

$1.8M Median Sale Price

100.3% Median Sale vs List

25 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area from April 2022 to April 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors 2023. Each Office is independently owned and operated.

CONDO

Condo & Townhomes

133 New Listings

70 Sold Listings

1.5 Months of Inventory

$857K Median Sale Price

100% Median Sale vs List

36 Avg Days on Market

Last

Last

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 1250 1000 750 500 250 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 400 300 200 100 0 SanMateoCounty APRIL 2022 - APRIL 2023
Family Homes
Single
12 months, year-over-year.
& Townhomes
Condos
year-over-year LISTINGS FOR SALE SOLD LISTINGS
12 months,

Median SalesPrice

The median sales price has decreased from $2 2m in April 2022, to $01 8m as of April 2023

The median sales price has decreased from $1m in April 2022, to $857k as of April 2023

Overbids

Single Family Homes

The overbid percentage has decreased from 112 5% in April 2022, to 100 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 105.3% in April 2022, to 100% a year later

AVGDays OntheMarket

Single Family

The average time spent on the market increased from 13 days in April 2022, to 25 days as of April 2023

Condos

The average time spent on the market increased from 18 days in April 2022, to 36 days as of April 2023.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 60 40 20 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Condos & Townhomes
Single Family Homes
& Townhomes
Homes
Back to Table of Contents

SantaClar County

What's in the Santa Clara County data?

There are 651 single-family homes for sale, providing 1 month of inventory. There are 834 new listings, and 584 homes sold at a median sale price of $1.7m. The median overbid percentage was 102.7%, with an average of 19 days on the market.

There are 254 condo and townhome units for sale, providing 0.9 months of inventory. There are 324 new listings, and 239 units sold at a median sale price of $928k. The median overbid percentage was 101.6%, with an average of 20 days on the market.

4 ngs

584 Sold Listings

f Inventory

2.7% ale vs List

$1.7M Median Sale Price

19 Avg Days on Market

sourced from InfoSparks, includes all single-family homes, condos and the California Area from April 2022 to April 2023. This may include data, and may vary from the time the data was gathered. All data is deemed guaranteed. Questions may be directed to KW Advisors. 415.483.9285 5149 | DRE# 01906450 Copyright KW Advisors 2023. Each Office is independently owned and operated.

He Family Homes

324 New Listings

2 Sold

0.9 Months of Inventory

$92 Median S

101.6% Median Sale vs List Avg Days o

COND Condo & Townh
y y GS FOR SALE SOLD LISTINGS

Median SalesPrice

The median sales price has decreased from $1 9m last April 2022, to $1 7m as of April 2023

Overbids

Family

Homes

& Townhomes

The overbid percentage has decreased from 110% last April 2022, to 101.6% a year later

Single

The average days on market went up from 10 days last April 2022, to 19 days as of April 2023

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Condos
sales
April
to $928k
April
Single Family Homes
The median
price has decreased from $1m last
2022,
as of
2023
AVGDays OntheMarket
& Townhomes
Condos
The average days on market went up from 11 days in April 2022, to 20 days as of April 2023. Family Homes
Condos
Single
Back to Table of Contents
The overbid percentage has decreased from 114 4% last April 2022, to 102 7% a year later

Solan Coun

What's in the data?

Currently, there are 357 single-family homes for sale, providing 1 month of inventory. There are 323 new listings, and 297 homes sold at a median sale price of $574k. The median overbid percentage was 100%, with an average of 47 days on the market.

There are currently 19 condo and townhome units for sale, providing 0.7 months of inventory. There are 25 new listings, and 23 units sold at a median sale price of $355k. The median overbid percentage was 100%, with an average of 32 days on the market.

97
574K an Sale Price
Listings s single-family homes, condos and to April 2023. This may include was gathered. All data is deemed directed to KW Advisors. 415.483.9285 Advisors 2023. Each Office is 7 Days on Market

25 New Listings

0.7 Months of Inventory
$355K Median Sale Price 100% Median Sale vs List 32 Avg Days on Market
Condo & Townhomes
23 Sold Listings CONDO

NGS FOR SALE SOLD LISTINGS

amily Homes months, year-over-year.

& Townhomes months, year-over-year

2 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 2 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 lano
APRIL 2023
APRIL 2022 -

Median SalesPrice

Single

The median sales price has decreased from $635k in April 2022, to $574k as of April 2023

Condos

The median sales price has increased from $377k in April 2022, to $355k as of April 2023

Overbids

Single Family Homes

The overbid percentage has decreased from 103 2% in April 2022, to 100% a year later

Condos & Townhomes

The overbid percentage has decreased from 104.2% in April 2022, to 100% a year later

AVGDays OntheMarket

Single

The average time spent on the market increased from 20 days in April 2022, to 47 days as of April 2023

Condos

The average time spent on the market increased from 27 days in April 2022, to 32 days as of April 2023.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $750,000 $500,000 $250,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
Family Homes
& Townhomes
Family
Homes
Back to Table of Contents

Sonoma County

What's in the Sonoma data?

Currently, there are 529 single-family homes for sale, providing 1.7 months of inventory. There are 301 new listings, and 260 homes sold at a median sale price of $847k. The median overbid percentage was 100%, with an average of 54 days on the market.

There are currently 40 condo and townhome units for sale, providing 1 month of inventory. There are 24 new listings, and 26 units sold at a median sale price of $435k. The median overbid percentage was 100%, with an average of 33 days on the market.

SFH Single Family Homes

301 New Listings

260 Sold Listings

1.7 Months of Inventory

$847K Median Sale Price

100% Median Sale vs List

54 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from April 2022 to April 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to KW Advisors. 415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors 2023. Each Office is independently owned and operated.

24 New Listings

Sold Listings

1 Months of Inventory

$435K Median Sale Price 100% Median Sale vs List

33 Avg Days on Market

26
CONDO Condo & Townhomes

Last

Condos

Last 12 months, year-over-year

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 2000 1500 1000 500 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 250 200 150 100 50 0 Sonoma APRIL 2022 - APRIL 2023
Family Homes
Single
12 months, year-over-year.
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single

The median sales price has decreased from $860k in April 2022, to $847k as of April 2023

Condos

AVGDays OntheMarket

Homes

Townhomes

Overbids

Single Family Homes

Condos

& Townhomes

Back to Table of Contents

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $1,000,000 $750,000 $500,000 $250,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
The median sales price has decreased from $461k in April 2022, to $435k as of April 2023 Family Homes
Condos &
The average time spent on the market increased from 25 days in April 2022, to 33 days as of April 2023.
Single Family
The average time spent on the market increased from 25 days in April 2022, to 54 days as of April 2023
The overbid percentage has decreased from 104.4% in April 2022, to 100% a year later
The overbid percentage has decreased from 104 6% in April 2022, to 100% a year later

Southe Centra Marin

What's in the Marin

There are 230 single-family homes for sale, providing 1.5 months of inventory. There are 135 new listings, and 150 homes sold at a median sale price of $1.8m. The median overbid percentage was 102.3%, with an average of 24 days on the market.

There are 115 condo and townhome units for sale, providing 2.4 months of inventory. There are 48 new listings, and 52 units sold at a median sale price of $749k. The median overbid percentage was 101%, with an average of 52 days on the market.

$1.8M Median Sale Price 150 Sold Listings Homes includes all single-family homes, condos and April 2022 to April 2023. This may include time the data was gathered. All data is deemed may be directed to KW Advisors. 415.483.9285 Copyright KW Advisors 2023. Each Office is 24 Avg Days on Market

48 New Listings

52 Sold Listings

2.4 Months of Inventory

$749K Median Sale Price

100% Median Sale vs List

52 Avg Days on Market

CONDO Condo & Townhomes

Single Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 800 600 400 200 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 250 200 150 100 50 0 S/CMarin APRIL 2022 - APRIL 2023
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single

Homes

AVGDays OntheMarket

Family

Homes

& Townhomes

The average time spent on the market increased from 29 days in April 2022, to 52 days as of April 2023.

Overbids

Single Family Homes

Condos & Townhomes

The overbid percentage has decreased from 102.2% in April 2022, to 100% a year later

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April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Condos
The median sales price has decreased from $828k in April 2022, to $749k as of April 2023 Family
The median sales price has decreased from $2 2m in April 2022, to $1 8m as of April 2023
Condos
Single
The average time spent on the market increased from 29 days in April 2022, to 24 days as of April 2023
The overbid percentage has decreased from 114 9% in April 2022, to 102 3% a year later
1624 California Street, San Francisco CA 94109 2207 Lombard Street, San Francisco, CA 94123 SanFrancisco 1430 Howard Avenue, Burlingame, CA 94010 16 E 3rd Avenue, San Mateo, CA 94401 PeninsulaEstates 505 Hamilton Ave Suite #100, Palo Alto, CA 94301 PaloAlto 951 California Boulevard, Napa, CA 94559 NapaValley :

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