I hope everyone has been able to get out and enjoy the mini heatwave we are experiencing this week. It's hard to believe that we are already halfway through 2021 and summer has arrived. Last year was incredibly long, and in turn, this one seems to be flying by! With that in mind, I figured it was time for a data drop on the most recent market statistics.
The SF condo market is finally rebounding after the huge plunge it took due to the pandemic. Luxury home sales and single-family homes continue to be on fire hitting new peaks for median sale prices.
Last summer we saw a lot of buyers out in full swing which is unusual for the highly seasonal market here in SF - usually people are traveling and the market is somewhat cool. With travel restrictions being lifted, vaccination rates rising, and lots of pent-up travel demand, it's unknown if we will still see another busy summer, or if people will hit the skies and take more vacations like
they usually do.
As always, some informative graphs and charts below for your viewing pleasure.
Whether buying or selling a home, Debbie understands the importance of this milestone in one's life. With a strong passion for the Bay Area and market trends, Debbie's ready to be a helpful resource along the way.
