Your Latest Bi-Weekly San Francisco Bay Area Market Update - January 1, 2025!

Here’s your very first San Francisco Bay Area Market Update for 2025. Please feel free to spread the word to anyone who might find it helpful - because sharing is caring!

REAL ESTATE MARKET SNAPSHOT (based on local BridgeMLS data)

Alameda County as of 1/1/2025

• Months Supply of Inventory: down: 1.4 months (was 1.8)

• # of New Properties on Market Last 7 Days: down: 59 (was 137)

• # of Properties Under Contract Last 7 Days: down: 66 (was 168)

• # of currently Available Properties: down: 1,073 (was 1,412)

• Median Listing Price

  Single Family: up: $1.4mil (was $998k)

  Condos/Townhomes: down: $599k (was $699k)

  Multi-unit up to 4 units: down: $715k (was $998k)

• Median Sold Price (last 30 days)

  Single Family: same: $1.2mil

  Condos/Townhomes: same: $800k

  Multi-unit up to 4 units: slightly up: $903k (was $900k)

• Median days on market: slower: 19 (was 17)

• Homes Sold in the last 7 Days: down: 102 (was 201)

• Homes Sold in the last 30 Days: down: 757 (was 800)

Contra Costa County as of 1/1/2025

• Months Supply of Inventory: down: 1.6 months (was 1.9)

• # of New Properties on Market Last 7 Days: down: 69 (was 174)

• # of Properties Under Contract Last 7 Days: down: 69 (was 151)

• # of currently Available Properties: down: 1,104 (was 1,337)

• Median Listing Price

  Single Family: up: $799k (was $750k)

  Condos/Townhomes: up: $749k (was $580k)

  Multi-unit up to 4 units: down: $775k (was 988k)

• Median Sold Price (last 30 days)

  Single Family: slightly down: $889k (was $900k)

  Condos/Townhomes: down: $593k (was $640k)

  Multi-unit up to 4 units: down: $968k (was $1mil)

• Median days on market: same: 25

• Homes Sold in the last 7 Days: down: 102 (was 151)

• Homes Sold in the last 30 Days: down: 671 (was 709)

   

Marin County as of 1/1/2025

• Months Supply of Inventory: down: 1.45 months (was 2)

• # of New Properties on Market Last 7 Days: slightly down: 9 (was 10)

• # of Properties Under Contract Last 7 Days: down: 10 (was 33)

• # of currently Available Properties: down: 240 (was 335)

• 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: down: $1.65mil (was $1.7mil)

  Condos/Townhomes: up: $700k (was $639k)

  Multi-unit up to 4 units: slightly up: $1.1mil (was $1mil)

• Median days on market: slower: 58 (was 38)

• Homes Sold in the last 7 Days: down: 17 (was 43)

• Homes Sold in the last 30 Days: slightly down: 165 (was 168)

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

Best,
Basak