San Francisco Q1 2016 Market Report

The first quarter of 2016 was defined by a general ‘plateau’ and a sense of relief for some buyers in the San Francisco market.  In the first quarter of 2016, we experienced less multiple offer situations and a decrease in activity in the $2+m range.  However, entry level homes and condos stayed relatively strong. An interesting note about the first quarter of 2016 - no tech companies went public.  We haven’t experienced this scenario in at least 7 years. While this may shift the real estate landscape throughout The City, the Bay Area at large continues to be a shining example of job growth and prosperity in the United States. We look forward to a strong second quarter!

In this report, you'll find more information on the current state of the market as well as some insight from Pacific Union's new Economic Expert, Selma Hepp. View full report...

Posted on April 28, 2016 .