Stephanie Velasquez - October 2024 Market Report | San Francisco Bay Area
San Francisco Bay area
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Contra Costa
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San Francisco County
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San Mateo
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Santa Clara
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Solano County
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Sonoma County
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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.
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
Adding an Accessory Dwelling Unit (ADU) boosts your property value and adds living space. Choose the right partner to ensure your project is smooth and successful.
Choose Expertise Over Inexperience
Building an ADU needs more than construction skills; it requires knowledge of local rules and design. Trust Acton ADU's expertise to avoid mistakes and ensure a seamless process.
Verify
Your ADU Partner’s Credentials
Check that your contractor knows ADU design and local rules to avoid errors. Choose someone with a strong track record in ADU projects.
Conduct Thorough Site Assessments
Not every property suits ADUs. Use experts for site assessments to avoid costly mistakes.
Put Your Trust in The Right Company
Acton ADU has been successfully helping homeowners achieve their property goals for over 35 years. Making the wrong choice in the ADU market can lead to serious financial setbacks. ADUs aren't always ways, but Acton ADU can make it feel that way.
START YOUR ADU PROJECT RIGHT
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 1.8 months of inventory. There were 1,042 new listings, and 622 homes sold at a median price of $1.2m. The median overbid percentage was at 105.3%, with an average of 25 days on the market.
There were 1,030 condo and townhome units for sale, providing 3 2 months of inventory There were 397 new listings and 192 units sold at a median sale price of $727k. The median overbid percentage was at 100.7%, with an average of 34 days on the market.
mily Homes
2 ory
622 Sold Listings
$1.2M Median Sale Price
3% ist
25 Avg Days on Market
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 & Townhomes
397
New Listings
192
Sold Listings
3.2
Months of Inventory
100.7%
Median Sale vs List
$727K
Median Sale Price
34
Avg Days on Market
AlamedaCounty
SEPTEMBER 2023 - SEPTEMBER 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 decreased from $1 3m last September 2023, to $1 2m as of September 2024
Condos & Townhomes
The median sale price has decreased from $730k last September 2023, to $727k as of September 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 20 days last September 2023, to 25 days as of September 2024
Condos & Townhomes
The average time spent on the market went up from 26 days in September 2023, to 34 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 107 3% last September 2023, to 105 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 101.9% last September 2023, to 100.7% a year later.
Contra Costa
What's in the Contra Costa data?
There were 1,293 single-family homes for sale, providing 2.1 months of inventory. There were 912 new listings, and 541 homes sold at a median price of $861k. The median overbid percentage was at 100%, with an average of 29 days on the market.
There were 542 condo and townhome units for sale, providing 3.1 months of inventory. There were 317 new listings and 165 units sold at a median sale price of $615k. The median overbid percentage was at 99.9%, with an average of 33 days on the market
Single-Family Homes
912 ew Listings
541 Sold Listings
2.1 Months of Inventory
$861K Median Sale Price
100%
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.
317 New Listings 3.1 Months of Inventory $615K Median Sale Pric 99.9%
Median Sale vs List 33 Avg Days on Marke 165 Sold Listing
raCosta
SEPTEMBER 2023 - SEPTEMBER 2024
mes year-over-year.
omes , year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $870k last September 2023, to $861k as of September 2024
Condos & Townhomes
The median sale price has decreased from $625k last September 2023, to $615k as of September 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 20 days last September 2023, to 29 days as of September 2024
Condos & Townhomes
The average time spent on the market went up from 30 days in September 2023, to 33 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 100 9% last September 2023, to 100% a year later
Condos & Townhomes
The overbid percentage has decreased from 100% last September 2023, to 99.9% a year later.
Napa County
What's in the Napa County data?
There were 352 single-family homes for sale, providing 5 months of inventory. There were 86 new listings, and 69 homes sold at a median price of $898k. The median overbid percentage was at 98 1%, with an average of 64 days on the market
There were 55 condo and townhome units for sale, providing 6 months of inventory. There were 9 new listings and 7 units sold at a median sale price of $747k. The median overbid percentage was at 99.8%, with an average of 47 days on the market.
NapaCounty
SEPTEMBER 2023 - SEPTEMBER 2024 LISTINGS FOR SALE
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 $910k last September 2023, to $898k as of September 2024
Condos & Townhomes
The median sale price has decreased from $902k last September 2023, to $747k as of September 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 25 days last September 2023, to 64 days as of September 2024
Condos & Townhomes
The average time spent on the market went down from 52 days in September 2023, to 47 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 100% last September 2023, to 98 1% a year later
Condos & Townhomes
The overbid percentage has increased from 99.6% last September 2023, to 99.8% a year later.
San Francisco County
What's in the San Francisco County data?
There were 379 single-family homes for sale, providing 2.1 months of inventory. There were 379 new listings, and 136 homes sold at a median price of $1.6m. The median overbid percentage was at 111%, with an average of 25 days on the market.
There were 799 condo and townhome units for sale, providing 4.7 months of inventory. There were 459 new listings and 125 units sold at a median sale price of $1.1m. The median overbid percentage was at 100%, with an average of 58 days on the market.
mily Homes
136 Sold Listings
$1.6M Median Sale Price
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. ory
9% ist
25 Avg Days on Market
Condo
& Townhomes
459
New Listings
125
Sold Listings
4.7
Months of Inventory
$1.1M
Median Sale Price 100%
Median Sale vs List
58
Avg Days on Market
SanFranciscoCounty
SEPTEMBER 2023 - SEPTEMBER 2024
LISTINGS FOR SALE SOLD LISTINGS
gle-Family Homes
t 12 months, year-over-year.
ndos & Townhomes
t 12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 5m last September 2023, to $1 6m as of September 2024
Condos & Townhomes
The median sale price has increased from $1m last September 2023, to $1 1m as of September 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 30 days last September 2023, to 25 days as of September 2024
Condos & Townhomes
The average time spent on the market went up from 57 days in September 2023, to 58 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 106 7% last September 2023, to 111% a year later
Condos & Townhomes
The overbid percentage has increased from 99.2% last September 2023, to 100% a year later.
He-Family Homes
7 ings
319 Sold Listings
7 of Inventory
$1.9M Median Sale Price
3.1% Sale vs List
24 Avg Days on Market
sourced from InfoSparks, includes all single-family homes, condos and in the California Area above from September 2023 to September 2024. This preliminary data, and may vary from the time the data was gathered. All deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2024. Each office is independently owned and operated.
Listings
Months of Inventory 100%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 8m last September 2023, to $1 9m as of September 2024
Condos & Townhomes
The median sale price has decreased from $890k last September 2023, to $880k as of September 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market remained the same from 24 days last September 2023, to 24 days as of September 2024
Condos & Townhomes
The average time spent on the market went up from 34 days in September 2023, to 42 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has increased from 102 2% last September 2023, to 103 1% a year later
Condos & Townhomes
The overbid percentage has remained the same from 100% last September 2023, to 100% a year later.
SantaC County
What's in the Sant County data?
There were 911 single-family providing 1.4 months of inve new listings, and 617 homes price of $1.9m. The median o was at 102 9%, with an avera market.
There were 597 condo and to sale, providing 2.1 months of were 449 new listings and 27 median sale price of $1m. Th percentage was at 100.7%, w 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. 9M Price Market
Condo
449
New Listings
2.1
Months of Inventory
100.7%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 8m last September 2023, to $1 9m as of September 2024
Condos & Townhomes
The median sale price has increased from $1 03m last September 2023, to $1 04m 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 22 days as of September 2024
Condos & Townhomes
The average time spent on the market went up from 18 days in September 2023, to 28 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 103 9% last September 2023, to 102 9% a year later
Condos & Townhomes
The overbid percentage has decreased from 101.6% last September 2023, to 100.7% a year later.
Solano County
What's in the Solano County
data?
There were 653 single-family homes for sale, providing 2.3 months of inventory. There were 322 new listings, and 264 homes sold at a median price of $600k. The median overbid percentage was at 100%, with an average of 46 days on the market.
There were 70 condo and townhome units for sale, providing 2.5 months of inventory. There were 27 new listings and 18 units sold at a median sale price of $382k. The median overbid percentage was at 100%, with an average of 57 days on the market
Single-Family Homes
322 New Listings
264 Sold Listings
2.3 Months of Inventory
$600K
Median Sale Price
100%
Median Sale vs List
46
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
2.5
Months of Inventory 100%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $586k last September 2023, to $600k as of September 2024
Condos & Townhomes
The median sale price has decreased from $402k last September 2023, to $382k as of September 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 29 days last September 2023, to 46 days as of September 2024
Condos & Townhomes
The average time spent on the market went up from 27 days in September 2023, to 57 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has remained the same from 100% last September 2023, to 100% a year later
Condos & Townhomes
The overbid percentage has remained the same from 100% last September 2023, to 100% a year later.
Sonoma County
What's in the Sonoma data?
There were 836 single-family homes for sale, providing 2.7 months of inventory. There were 257 new listings, and 288 homes sold at a median price of $821k. The median overbid percentage was at 100%, with an average of 54 days on the market.
There were 85 condo and townhome units for sale, providing 2.1 months of inventory. There were 38 new listings and 35 units sold at a median sale price of $505k. The median overbid percentage was at 100%, with an average of 58 days on the market.
New Listings 2.1
Months of Inventory 100%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has decreased from $839k last September 2023, to $821k as of September 2024
Condos & Townhomes
The median sale price has increased from $430k last September 2023, to $505k as of September 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 39 days last September 2023, to 54 days as of September 2024
Condos & Townhomes
The average time spent on the market went up from 36 days in September 2023, to 58 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has remained the same from 100% last September 2023, to 100% a year later
Condos & Townhomes
The overbid percentage has remained the same from 100% last September 2023, to 100% a year later.
Southe Centra Marin
What's in the Sout Marin data?
There were 351 single-family providing 2.4 months of inve new listings, and 136 homes price of $1.7m. The median was at 100%, with an averag market.
There were 130 condo and to sale, providing 2.9 months o were 42 new listings and 31 sale price of $805k. 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
2.9
Months of Inventory 100%
Median Sale vs List
Median SalesPrice
Single-Family Homes
The median sale price has increased from $1 6m last September 2023, to $1 7m as of September 2024
Condos & Townhomes
The median sale price has increased from $740k last September 2023, to $805k as of September 2024
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 25 days last September 2023, to 36 days as of September 2024
Condos & Townhomes
The average time spent on the market went up from 30 days in September 2023, to 43 days as of September 2024.
Overbids
Single-Family Homes
The overbid percentage has decreased from 100 1% last September 2023, to 100% a year later
Condos & Townhomes
The overbid percentage has remained the same from 100% last September 2023, to 100% a year later.