Q2 MARKET REPORT SAN FRANCISCO EAST BAY PENINSULA SOUTH BAY

Transcription

1 Q2 MARKET REPORT SAN FRANCISCO EAST BAY PENINSULA SOUTH BAY

2 IT S MORE THAN A HOME, IT S YOUR LIFE. BERNAL HEIGHTS 1:03 PM

3 SAN FRANCISCO SAN FRANCISCO SALES WERE UP BY 7.4% FOR AND BY 2.7% FOR. MEDIAN SALES PRICE $1,500,000 $1,300,000 $1,000, % 2017 $1.5M 2016 $1.4M $800,000 $600, % 2017 $1.2M 2016 $1.1M ON MARKET UNTIL SALE % 2.3%

4 SAN FRANCISCO PRICE PER SQ. FT. $1,200 $1,000 $ % 2017 $ $865 $600 $ % 2017 $1, $1,030 SOLD % %

5 SAN FRANCISCO % LIST PRICE RECEIVED 120% 115% 110% 2.9% % % 105% 100%.02% % % MONTHS SUPPLY % % MONTHS MONTHS MONTHS MONTHS

6 IT S MORE THAN A HOME, IT S YOUR LIFE. ROCKRIDGE 1:18 PM

7 EAST BAY ALAMEDA COUNTY (ALAMEDA, ALBANY, BERKELEY, CASTRO VALLEY, EMERYVILLE, FREMONT, HAYWARD, LIVERMORE, NEWARK, OAKLAND, PLEASANTON, SAN LEANDRO, SAN LORENZO, UNION CITY) MORTGAGE RATES REMAIN VERY FAVORABLE AS THE SUMMER HOME BUYING SEASON KICKS INTO FULL GEAR. MEDIAN SALES PRICE $900,000 $800,000 $700, % 2017 $900, $805,940 $600,000 $500, % 2017 $612, $550,000 ON MARKET UNTIL SALE % 0%

8 EAST BAY ALAMEDA COUNTY (ALAMEDA, ALBANY, BERKELEY, CASTRO VALLEY, EMERYVILLE, FREMONT, HAYWARD, LIVERMORE, NEWARK, OAKLAND, PLEASANTON, SAN LEANDRO, SAN LORENZO, UNION CITY) % LIST PRICE RECEIVED 120% 115% 0.7% % % 110% 105% 100% 0.4% % % SOLD % 325 Q % Q217

9 IT S MORE THAN A HOME, IT S YOUR LIFE. DANVILLE 10:41 AM

10 EAST BAY CONTRA COSTA COUNTY (ALAMO, BLACKHAWK, CLAYTON, CONCORD, DANVILLE, DIABLO, EL CERRITO, LAFAYETTE, MARTINEZ, MORAGA, ORINDA, PLEASANT HILL, SAN RAMON WALNUT CREEK) IN CONTRA COSTA COUNTY SINGLE-FAMILY HOME CONTINUE TO BE ON THE RISE AND CONDOS AND TOWNHOMES FLATTENING OUT. MEDIAN SALES PRICE $700,000 $600, % 2017 $652, $630,000 $500,000 $400,000 $300,000 CONDOS & TOWNHOMES CONDOS & TOWNHOMES 1.1% 2017 $445, $450,000 ON MARKET UNTIL SALE % CONDOS & TOWNHOMES %

11 EAST BAY CONTRA COSTA COUNTY (ALAMO, BLACKHAWK, CLAYTON, CONCORD, DANVILLE, DIABLO, EL CERRITO, LAFAYETTE, MARTINEZ, MORAGA, ORINDA, PLEASANT HILL, SAN RAMON WALNUT CREEK) % LIST PRICE RECEIVED 120% 115% 110% 0.4% % % CONDOS & TOWNHOMES 105% 100% 0.3% % % SOLD % 271 Q % Q217

12 IT S MORE THAN A HOME, IT S YOUR LIFE. PACIFICA 6:25 PM

13 PENINSULA SAN MATEO COUNTY (Atherton, Belmont, Brisbane, Burlingame, Daly City, East Palo Alto, Foster City, Hillsborough, Half Moon Bay, Millbrae, Menlo Park, Pacifica, Redwood City, San Bruno, San Carlos, San Mateo, South SF, Woodside) AVERAGE MEDAN HOME PRICES ON THE PENINSULA FOR BOTH AND CONDOS CONTINUE TO RISE. MEDIAN SALES PRICE $1.400, % 2017 $1,425, $1,325,000 $1,200,000 $1,000,000 $800,000 $600,000 CONDOS & TOWNHOMES 10.4% 2017 $ $766,000 ON MARKET UNTIL SALE % CONDOS & TOWNHOMES %

14 PENINSULA SAN MATEO COUNTY (Atherton, Belmont, Brisbane, Burlingame, Daly City, East Palo Alto, Foster City, Hillsborough, Half Moon Bay, Millbrae, Menlo Park, Pacifica, Redwood City, San Bruno, San Carlos, San Mateo, South SF, Woodside) % LIST PRICE RECEIVED 120% 115% 2.3% % % 110% 105% 100% CONDOS & TOWNHOMES 0.6% % % SOLD CONDOS & TOWNHOMES 10.5% %

15 IT S MORE THAN A HOME, IT S YOUR LIFE. SAN JOSE 2:05 PM

16 SOUTH BAY SANTA CLARA COUNTY (Campbell, Cupertino, Gilroy, Los Altos, Los Gatos, Milpitas, Morgan HIll, Mountain View, Palo Alto, San Jose, Santa Clara, Saratoga, Sunnyvale) AND CONDO SALES PRICES IN SANTA CLARA COUNTY ARE ON A CONTINUED UPWARD TREND. MEDIAN SALES PRICE $1,400,,000 $1,200,000 $1,000,000 $800,000 $600,000 12% 2017 $1,171, $1,050,000 CONDOS & TOWNHOMES \ 9.6% 2017 $740, $675,000 ON MARKET UNTIL SALE % CONDOS & TOWNHOMES %

17 SOUTH BAY SANTA CLARA COUNTY (Campbell, Cupertino, Gilroy, Los Altos, Los Gatos, Milpitas, Morgan HIll, Mountain View, Palo Alto, San Jose, Santa Clara, Saratoga, Sunnyvale) % LIST PRICE RECEIVED 120% 2.4% % % 115% 110% 105% 100% % % % SOLD CONDOS & TOWNHOMES 10.6% %

18 ABOUT Founded in 2010, Climb Real Estate is an innovative full-service residential real estate brokerage that leverages the latest technology to serve clients in emerging, established, and luxury neighborhoods in San Francisco and around the Bay Area. Climb offers a complete digital experience, including an extensive mobile-friendly website, social media presence, and mobile connection with agents that streamlines the buying and selling processes. Agents also connect face-to-face with clients in their neighborhoods via the Climb Airstream, a uniquely mobile real estate office. Climb is continuously rethinking the traditional home buying and selling experiences to better serve clients and close sales. Chris Lim, Mark Choey, and Tiffany Combs founded Climb with a focus on new condo developments in the SOMA/South Beach neighborhood of San Francisco. In a short span of years, the brokerage has grown to nearly 200 agents working in seven offices and throughout the Bay Area. According to the San Francisco Association of Realtors, Climb ranks as the #7 brokerage in the city and was also ranked as a top Bay Area Real Estate Brokerage by the San Francisco Business Times. Climb has also earned national recognition as one of the top 500 US brokerages by both RIS Media and Real Trends. Climb is part of the private label strategy of NRT, the largest residential real estate brokerage company in the United States. NRT owns and operates companies in 50 of the 100 largest metropolitan areas in the country, with approximately 780 offices and 46,800 independent sales associates. NRT is a subsidiary of Realogy (NYSE: RLGY), a Fortune 500 global leader in real estate franchising and provider of real estate brokerage, relocation, and settlement services. NRT has a number of real estate brokerages in its family of companies, including some of the nation s largest, but also includes successful boutique brokerages with a unique business model and targeted clientele, such as Climb. SOURCES: 2017 SAN FRANCISCO ASSOCIATION OF REALTORS, BAY EAST ASSOCIATION OF REALTORS, SAN MATEO COUNTY ASSOCIATION OF REALTORS, AND SANTA CLARA COUNTY ASSOCIATION OF REALTORS. ALL DATA SUBJECT TO ERRORS, OMISSIONS OR REVISIONS AND IS NOT WARRANTED. ALL INFORMATION DEEMED RELIABLE BUT IS NOT GUARANTEED. SEARCH ALL SFARMLS AT BEARMLS AT SAMCARMLS AT AND SCCAORMLS AT SCCAOR.ORG. POWERED BY 10K RESEARCH & MARKETING AND REALESTATEREPORT.COM.

19 BAY AREA POTRERO HILL 251 Rhode Island Street, Suite #105 San Francisco, CA NOE VALLEY th Street San Francisco, CA MISSION BAY 325 Berry Street, Suite #119 San Francisco, CA FINANCIAL DISTRICT 600 California Street San Francisco, CA JACK LONDON SQUARE 201 4th Street, Suite #102 Oakland, CA MENLO PARK 101 Jefferson Drive, 1st Floor Menlo Park, CA SANTANA ROW 3031 Tisch Way San Jose, CA AIRSTREAM On Location Bay Area, CA WALNUT CREEK Coming Soon climbrealestate.com