Your Latest Bi-Weekly San Francisco Bay Area Market Update - January 29, 2025

• Months Supply of Inventory: 4.4 months
• # of New Properties on Market Last 7 Days: 204
• # of Properties Under Contract Last 7 Days: 100
• # of currently Available Properties: 1,070
• Median Listing Price
  Single Family: $2.3mil
  Condos/Townhomes: $1.15mil
  Multi-unit up to 4 units: $2mil
• Median Sold Price (last 30 days)
  Single Family: $1.5mil
  Condos/Townhomes: $935k
  Multi-unit up to 4 units: $1.8mil
• Median days on market: 33
• Homes Sold in the last 7 Days: 48
• Homes Sold in the last 30 Days: 241

• Months Supply of Inventory: up: 3.4 months (was 2.1)
• # of New Properties on Market Last 7 Days: up: 402 (was 326)
• # of Properties Under Contract Last 7 Days: up:182 (was 90)
• # of currently Available Properties: up: 1,544 (was 1,274)
• Median Listing Price
  Single Family: slightly up: $1.25mil (was $1.2mil)
  Condos/Townhomes: down: $740k (was $799k)
  Multi-unit up to 4 units: slightly down: $1.15mil (was $1.18mil)
• Median Sold Price (last 30 days)
  Single Family: down: $1.15mil (was $1.3mil)
  Condos/Townhomes: slightly up: $675k (was $670k)
  Multi-unit up to 4 units: slightly down: $1.1mil (was $1.18mil)
• Median days on market: slightly slower: 24 (was 23)
• Homes Sold in the last 7 Days: down: 92 (was 127)
• Homes Sold in the last 30 Days: down: 454 (was 603)

• Months Supply of Inventory: up: 4.9 months (was 2.3)
• # of New Properties on Market Last 7 Days: up: 350 (was 302)
• # of Properties Under Contract Last 7 Days: up:169 (was 119)
• # of currently Available Properties: up: 1,660 (was 1,247)
• Median Listing Price
  Single Family: up: $926k (was $899k)
  Condos/Townhomes: slightly up: $528k (was $520k)
  Multi-unit up to 4 units: up: $1mil (was 925k)
• Median Sold Price (last 30 days)
  Single Family: down: $773k (was $820k)
  Condos/Townhomes: up: $615k (was $590k)
  Multi-unit up to 4 units: up: $769k (was $750k)
• Median days on market: quicker: 17 (was 25)
• Homes Sold in the last 7 Days: up: 107 (was 99)
• Homes Sold in the last 30 Days: down: 341 (was 533)
   

• Months Supply of Inventory: up: 3.5 months (was 2.4)
• # of New Properties on Market Last 7 Days: same: 40
• # of Properties Under Contract Last 7 Days: up: 27 (was 18)
• # of currently Available Properties: up: 309 (was 270)
• Median Listing Price
  Single Family: slightly up: $1.75mil (was $1.7mil)
  Condos/Townhomes: up: $869k (was $815k)
  Multi-unit up to 4 units: up: $1.3mil (was 1.23mil)
• Median Sold Price (last 30 days)
  Single Family: slightly up: $1.45mil (was $1.4mil)
  Condos/Townhomes: slightly down: $705k (was $728k)
  Multi-unit up to 4 units: down: $1.4mil (was $1.7mil)
• Median days on market: quicker: 58 (was 93)
• Homes Sold in the last 7 Days: up: 26 (was 16)
• Homes Sold in the last 30 Days: down: 88 (was 114)

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

Best,
Basak

Photo collage: Beautiful Mendocino County... only a few hours away from the Bay Area... beautiful drive, gorgeous sights, incredible sunsets