Your Latest Bi-Weekly San Francisco Bay Area Market Update - December 18, 2024

Here's your latest bi-weekly San Francisco Bay Area Market Update - last one for 2024! Please call with questions or comments and share with others!

REAL ESTATE MARKET SNAPSHOT (based on local BridgeMLS data)

Alameda County as of 12/18/2024
- Months Supply of Inventory: down: 1.8 months (was 1.9)
- # of New Properties on Market Last 7 Days: down: 137 (was 175)
- # of Properties Under Contract Last 7 Days: up: 168 (was 111)
- # of currently Available Properties: down: 1,412 (was 1,617)
- Median Listing Price
Single Family: slightly down: $998k (was $1.11mil)
Condos/Townhomes: up: $699k (was $640k)
Multi-unit up to 4 units: up: $998k (was $899k)
- Median Sold Price (last 30 days)
Single Family: down: $1.2mil (was $1.3mil)
Condos/Townhomes: same: $800k
Multi-unit up to 4 units: down: $900k (was $1mil)
- Median days on market: slower: 17 (was 15)
- Homes Sold in the last 7 Days: up: 201 (was 108)
- Homes Sold in the last 30 Days: down: 800 (was 841)

Contra Costa County as of 12/18/2024
- Months Supply of Inventory: same: 1.9 months
- # of New Properties on Market Last 7 Days: up: 174 (was 164)
- # of Properties Under Contract Last 7 Days: up: 151 (was 108)
- # of currently Available Properties: down: 1,337 (was 1,465)
- Median Listing Price
Single Family: down: $750k (was $859k)
Condos/Townhomes: slightly down: $580k (was $588k)
Multi-unit up to 4 units: $988k
- Median Sold Price (last 30 days)
Single Family: up: $900k (was $870k)
Condos/Townhomes: slightly up: $640k (was $630k)
Multi-unit up to 4 units: down: $1mil (was $1.1mil)
- Median days on market: slower: 25 (was 20)
- Homes Sold in the last 7 Days: up: 151 (was 88)
- Homes Sold in the last 30 Days: down: 709 (was 773)

Marin County as of 12/18/2024
- Months Supply of Inventory: down: 2 months (was 2.3)
- # of New Properties on Market Last 7 Days: down: 10 (was 24)
- # of Properties Under Contract Last 7 Days: up: 33 (was 19)
- # of currently Available Properties: down: 335 (was 423)
- Median Listing Price
Single Family: up: $1.6mil (was $1.4mil)
Condos/Townhomes: up: $841k (was $725k)
Multi-unit up to 4 units: (not enough data to compare)
- Median Sold Price (last 30 days)
Single Family: same: $1.7mil
Condos/Townhomes: slightly down: $639k (was $650k)
Multi-unit up to 4 units: down: $1mil (was $1.4mil)
- Median days on market: slower: 38 (was 23)
- Homes Sold in the last 7 Days: up: 43 (was 18)
- Homes Sold in the last 30 Days: down: 168 (was 181)

If there's a specific city or neighborhood you're interested in, please let me know!

Best,
Basak