March 2025 Newsletter

REality Check

Some parts of the city (I'm looking at you Noe Valley & the Sunset) are seeing wild overbidding due to extremely low single-family supply, while other parts are experiencing very specific and opportunistic demand.

It goes to show you that now is a great time to buy, regardless of your criteria. If you're a single family buyer in a top location of the city, while it's a challenge to get into contract (you need the right team!), it's clear that the appreciation potential is robust. Bidding wars and nearly $1M over-asking on several properties, in a market with interest rates still north of 6.5% and the stock market in the red year-to-date? Imagine the appreciation you'll capture in the future with more ripe economic conditions.

And if you're a condo buyer, you're looking at under market value opportunities with the luxury of being more discerning.

The median sale price for a condo across San Francisco county dipped to $1,010,000: this is the lowest point since September of 2015. This is 23% below the high of $1,300,000 achieved in June 2022.

Click on the report below for more detailed and descriptive graphs including mortgage rates and the stock market.

If you have any questions about a particular property or market, I am always happy to help.

Making Waves

Did You Know?

SF is at the Beginning of the End of the Remote Work Era

San Francisco was one of the rare markets to see office attendance increase in January 2025 compared to January 2024.

Nationally, the number of work-from-home days has stabilized around 25%. Locally, weekday Muni ridership is up; BART has steadily increased year-over-year as well. Bay Bridge traffic in January was at 90% of 2019 levels. Commuters are back to complaining about people wearing backpacks on packed trains. 

The resurgence of French restaurants in San Francisco continues.

Discover Caché, the newest French bistro in the Inner Sunset, serving up everything from fresh lobster rolls to their signature sea bream sashimi. With a mix of classic French techniques and local flavors, it's a dining experience that’s both fun and debonaire!

The Beauty of Banquettes

Space-saving, stylish and inviting, I am currently obssessing over banquettes. Banquettes are a chic and creative storage solution for your dining or kitchen area. They maximize seating while adding a cozy, modern touch to your home. Plus, they offer endless opportunities to infuse your personal style with unique textures and colors, elevating any space with both function and flair!

ADOLESCENCE

When a 13-year-old is accused of the murder of a classmate, his family, therapist and the detective in charge are all left asking: what really happened?

Dark and brilliantly written, this show unpacks the complexities of humanity and manhood and how the rise of the manosphere has so eerily and quickly permeated itself into the lives of young people through social media. (Variety)

More impressive than the brilliant acting, each episode is comprised of one-shot takes.

Pending

Forest Hill Extension

115 Balceta Avenue

3 BD+ Office | 4 BA | 3057 SF

Asking $2,899,000

Let's Get Social!

Debbie Rutledge

DRE#: 01886396

M: 415.860.6375

[email protected]

@compassdebbie