October 2024 Market Report San Francisco Bay Area - 10 Districts Data

Page 1


San Francisco Bay Area

10DistrictsData

District 1 - Northwest

Sea Cliff, Lake Street, Richmond (Inner, Central, Outer), Jordan Park/Laurel Heights, Lone Mountain

Jump to District 1 - Northwest

District

2 - West

Sunset & Parkside (Inner, Central, Outer), Golden Gate Heights

Jump to District 2 - West

District 3 - Southwest

Lake Shore, Lakeside, Merced Manor, Merced Heights, Ingleside, Ingleside Heights, Oceanview

Jump to District 3 - Southwest

District 4 - Central SW

St. Francis Wood, Forest Hill, West Portal, Forest Knolls, Diamond Heights, Midtown Terrace, Miraloma Park, Sunnyside, Balboa Terrace, Ingleside Terrace, Mt Davidson Manor, Sherwood Forest, Monterey Heights, Westwood Highlands

Jump to District 4 - Central SW

District 5 - Central

Noe Valley, Eureka Valley/Dolores Heights (Castro, Liberty Hill), Cole Valley, Glen Park, Corona Heights, Clarendon Heights, Ashbury Heights, Buena Vista Park, Haight Ashbury, Duboce Triangle, Twin Peaks, Mission Dolores, Parnassus Heights

Jump to District 5 - Central

District 6 - Central North

Hayes Valley, North of Panhandle (NOPA), Alamo Square, Western Addition, Anza Vista, Lower Pacific Heights

Jump to District 6 - Central North

District 7 - North

Pacific Heights, Presidio Heights, Cow Hollow, Marina

Jump to District 7 - North

District 8 - Northeast

Russian Hill, Nob Hill, Telegraph Hill, North Beach, Financial District, North Waterfront, Downtown, Van Ness/Civic Center, Tenderloin

Jump to District 8 - Northeast

District 9 - East

SoMa, South Beach, Mission Bay, Potrero Hill, Dogpatch, Bernal Heights, Inner Mission, Yerba Buena

Jump to District 9 - East

District 10 - Southeast

Bayview, Bayview Heights, Excelsior, Portola, Visitacion Valley, Silver Terrace, Mission Terrace, Crocker Amazon, Outer Mission

Jump to District 10 - Southeast

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.

ThisIstheSweetSpotHomebuyers HaveBeenWaitingFor

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers— and it’s one that may not last long.

So, if you’ve put your own move on the back burner, here’s why maybe you shouldn’t delay your plans any longer.

As you weigh your options and decide if you should buy now or wait, ask yourself this: What do you think everyone else is going to do?

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

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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.

amily Homes

ntory

11 Sold Listings

$2.5M Median Sale Price

1% s List

21 Avg Days on Market

from InfoSparks, includes all single-family homes, condos and rnia Area above from September 2023 to September 2024. This data, and may vary from the time the data was gathered. All but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

Condo & To

New Listings

1.8 Months of Inventory $ M 104.8%

Median Sale vs List Av

SEPTEMBER 2023 - SEPTEMBER 2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last September 2023, to $2 5m as of September 2024

Condos & Townhomes

The median sale price has decreased from $1 19m last September 2023, to $1 14m as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 18 days last September 2023, to 21 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 17 days in September 2023, to 23 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 1% last September 2023, to 104 1% a year later

Condos & Townhomes

The overbid percentage has increased from 101.1% last September 2023, to 104.8% a year later.

District2West

Sunset & Parkside (Inner, Central, Outer), Golden Gate Heights

What's in the District 2 - West data?

There were 44 single-family homes for sale, providing 1.4 months of inventory. There were 50 new listings, and 27 homes sold at a median price of $1.5m. The median overbid percentage was at 119%, with an average of 19 days on the market.

There were 16 condo and townhome units for sale, providing 6.5 months of inventory. There were 11 new listings and 5 units sold at a median sale price of $989k. The median overbid percentage was at 100%, with an average of 41 days on the market.

Single-Family Homes

50 New Listings

27 Sold Listings

1.4 Months of Inventory

$1.5M Median Sale Price

119.3%

Median Sale vs List

19 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2023 to September 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 6.5

Months of Inventory $989K

Median Sale Price 100%

Median Sale vs List 41 Avg Days on Market 5 Sold Listings

District2-West

SEPTEMBER 2023 - SEPTEMBER 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 4m last September 2023, to $1 5m as of September 2024

Condos & Townhomes

The median sale price has decreased from $1 3m last September 2023, to $989k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last September 2023, to 19 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 36 days in September 2023, to 41 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 111% last September 2023, to 119% a year later

Condos & Townhomes

The overbid percentage has decreased from 108.4% last September 2023, to 100% a year later.

District3Southwest

Lake Shore, Lakeside, Merced Manor, Merced Heights, Ingleside, Ingleside Heights, Oceanview

What's in the District 3Southwest data?

There were 18 single-family homes for sale, providing 1.4 months of inventory. There were 19 new listings, and 14 homes sold at a median price of $1.3m. The median overbid percentage was at 107 3%, with an average of 41 days on the market

There were 7 condo and townhome units for sale, providing 3.5 months of inventory. There were 2 new listings and 1 unit sold at a median sale price of $788k. The median overbid percentage was at 98.7%, with an average of 78 days on the market.

Single-Family Homes

19 New Listings

14 Sold Listings

1.4 Months of Inventory

$1.3M Median Sale Price

107.3%

Median Sale vs List

41 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2023 to September 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.

strict3uthwest

SEPTEMBER 2023 - SEPTEMBER 2024

NGS FOR SALE SOLD LISTINGS

amily Homes months, year-over-year. & Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 32m last September 2023, to $1 34m as of September 2024

Condos & Townhomes

The median sale price has increased from $764k last September 2023, to $788k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 14 days last September 2023, to 41 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 39 days in September 2023, to 78 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 109 5% last September 2023, to 107 3% a year later

Condos & Townhomes

The overbid percentage has increased from 98.2% last September 2023, to 98.7% a year later.

District4CentralSW

St. Francis Wood, Forest Hill, West Portal, Forest Knolls, Diamond Heights, Midtown Terrace, Miraloma Park, Sunnyside, Balboa Terrace, Ingleside Terrace, Mt Davidson Manor, Sherwood Forest, Monterey Heights, Westwood Highlands

What's in the District 4 - Central SW data?

There were 41 single-family homes for sale, providing 1.6 months of inventory. There were 47 new listings, and 13 homes sold at a median price of $2.2m. The median overbid percentage was at 112.8%, with an average of 20 days on the market.

There were 12 condo and townhome units for sale, providing 3.1 months of inventory. There were 5 new listings and 2 units sold at a median sale price of $686k. The median overbid percentage was at 102.6%, with an average of 104 days on the market.

Single-Family Homes

47 New Listings

13 Sold Listings

1.6 Months of Inventory

$2.2M Median Sale Price

112.8%

Median Sale vs List

20 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2023 to September 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.

5

New Listings

2 Sold Listings

3.1

Months of Inventory

$686K

Median Sale Price

102.6%

Median Sale vs List 104 Avg Days on Market

District4CentralSW

SEPTEMBER 2023 - SEPTEMBER 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 September 2023, to $2 2m as of September 2024

Condos & Townhomes

The median sale price has decreased from $987k last September 2023, to $686k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 23 days last September 2023, to 20 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 68 days in September 2023, to 104 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 108 6% last September 2023, to 112 8% a year later

Condos & Townhomes

The overbid percentage has increased from 98.8% last September 2023, to 102.6% a year later.

District5Central

Noe Valley, Eureka Valley/Dolores Heights (Castro, Liberty Hill), Cole Valley, Glen Park, Corona Heights, Clarendon Heights, Ashbury Heights, Buena Vista Park, Haight Ashbury, Duboce Triangle, Twin Peaks, Mission Dolores, Parnassus Heights

What's in the District 5 - Central data?

There were 62 single-family homes for sale, providing 2.7 months of inventory. There were 70 new listings, and 24 homes sold at a median price of $2.2m. The median overbid percentage was at 116.9%, with an average of 29 days on the market.

There were 50 condo and townhome units for sale, providing 2 months of inventory. There were 56 new listings and 16 units sold at a median sale price of $1.5m. The median overbid percentage was at 110.6%, with an average of 35 days on the market.

Single-Family Homes

70 New Listings

24 Sold Listings

2.7 Months of Inventory

$2.2M Median Sale Price

116.9%

Median Sale vs List

29 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2023 to September 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.

SEPTEMBER

2023 - SEPTEMBER 2024

R SALE SOLD LISTINGS

mes year-over-year.

omes year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 2m last September 2023, to $2 28m as of September 2024

Condos & Townhomes

The median sale price has increased from $1 4m last September 2023, to $1 5m as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 38 days last September 2023, to 29 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 32 days in September 2023, to 35 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 105 6% last September 2023, to 116 9% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last September 2023, to 110.6% a year later.

District6CentralNorth

Hayes Valley, North of Panhandle (NOPA), Alamo Square, Western Addition, Anza Vista, Lower Pacific Heights

What's in the District 6 - Central North data?

There were 6 single-family homes for sale, providing 2.3 months of inventory. There were 3 new listings, and 2 homes sold at a median price of $2.5m. The median overbid percentage was at 114%, with an average of 18 days on the market

There were 64 condo and townhome units for sale, providing 4.3 months of inventory. There were 41 new listings and 7 units sold at a median sale price of $1.3m. The median overbid percentage was at 98.5%, with an average of 59 days on the market.

Single-Family Homes

3 ew Listings

2 Sold Listings

2.3 Months of Inventory

$2.5M Median Sale Price

114% Median Sale vs List

18 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2023 to September 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

41

New Listings

7

Sold Listings

4.3

Months of Inventory

$1.3M

Median Sale Price 98.5%

Median Sale vs List

59 Avg Days on Market

District6-Central North

SEPTEMBER 2023 - SEPTEMBER 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 $3m last September 2023, to $2 5m as of September 2024

Condos & Townhomes

The median sale price has increased from $970k last September 2023, to $1 3m as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 56 days last September 2023, to 18 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 43 days in September 2023, to 59 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 107 5% last September 2023, to 114% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last September 2023, to 98.5% a year later.

District North

Pacific Heights, Presidio H Hollow, Marina

What's in the Distr data?

There were 36 single-family providing 3.5 months of inve new listings, and 6 homes so of $4.4m. The median overb 100%, with an average of 14

There were 72 condo and tow sale, providing 3.6 months o were 49 new listings and 26 sale price of $1.4m. The med percentage was at 100%, wit days on the market.

homes, condos and September 2024. This data was gathered. All Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

New Listings

3.6

Months of Inventory 100%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $6m last September 2023, to $4 4m as of September 2024

Condos & Townhomes

The median sale price has decreased from $2 2m last September 2023, to $1 4m as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 84 days last September 2023, to 14 days as of September 2024

Condos & Townhomes

The average time spent on the market went down from 60 days in September 2023, to 53 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 93 2% last September 2023, to 100% a year later

Condos & Townhomes

The overbid percentage has increased from 97.1% last September 2023, to 100% a year later.

District8Northeast

Russian Hill, Nob Hill, Telegraph Hill, North Beach, Financial District, North Waterfront, Downtown, Van Ness/Civic Center, Tenderloin

What's in the District 8Northeast data?

There were 8 single-family homes for sale, providing 2.7 months of inventory. There were 6 new listings, and 0 homes sold at a median price of $0. The median overbid percentage was at 0%, with an average of 0 days on the market

There were 158 condo and townhome units for sale, providing 4.9 months of inventory. There were 78 new listings and 21 units sold at a median sale price of $880k. The median overbid percentage was at 100%, with an average of 69 days on the market.

New Listing

4.9

Months of Inventor 100%

Median Sale vs Lis

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $4 4m last September 2023, to $0 as of September 2024

Condos & Townhomes

The median sale price has decreased from $1m last September 2023, to $880k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 112 days last September 2023, to 0 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 64 days in September 2023, to 69 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 101 4% last September 2023, to 0% a year later

Condos & Townhomes

The overbid percentage has increased from 96.8% last September 2023, to 100% a year later.

District9East

SoMa, South Beach, Mission Bay, Potrero Hill, Dogpatch, Bernal Heights, Inner Mission, Yerba Buena

What's in the District 9 - East data?

There were 49 single-family homes for sale, providing 2.9 months of inventory. There were 44 new listings, and 9 homes sold at a median price of $1.8m. The median overbid percentage was at 112.9%, with an average of 13 days on the market.

There were 361 condo and townhome units for sale, providing 6.2 months of inventory. There were 185 new listings and 41 units sold at a median sale price of $975k. The median overbid percentage was at 98.9%, with an average of 69 days on the market.

Single-Family Homes

44 New Listings

9 Sold Listings

2.9 Months of Inventory

$1.8M Median Sale Price

112.9%

Median Sale vs List

13 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from September 2023 to September 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 6.2

Months of Inventory 98.9%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 81m last September 2023, to $1 8m as of September 2024

Condos & Townhomes

The median sale price has increased from $930k last September 2023, to $975k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 39 days last September 2023, to 13 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 64 days in September 2023, to 69 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 2% last September 2023, to 112 9% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last September 2023, to 98.9% a year later.

District Southe

Bayview, Bayview Heights

Portola, Visitacion Valley,

Mission Terrace, Crocker

Mission

What's in the Distr Southeast data?

There were 86 single-family h providing 2.6 months of inve new listings, and 33 homes s of $1.1m. The median overbi 110 1%, with an average of 2

There were 52 condo and tow sale, providing 8.1 months of were 21 new listings and 3 u sale price of $700k. The med percentage was at 99%, with days on the market.

homes, condos and September 2024. This data was gathered. All Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.

New Listings 8.1

Months of Inventory 99%

Median Sale vs List

STINGS

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 11m last September 2023, to $1 1m as of September 2024

Condos & Townhomes

The median sale price has decreased from $725k last September 2023, to $700k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 21 days last September 2023, to 29 days as of September 2024

Condos & Townhomes

The average time spent on the market went down from 57 days in September 2023, to 53 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 109 6% last September 2023, to 110 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last September 2023, to 99% a year later.

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