Q2 MARKET REPORT SAN FRANCISCO EAST BAY PENINSULA SOUTH BAY
IT S MORE THAN A HOME, IT S YOUR LIFE. BERNAL HEIGHTS 1:03 PM
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 $1,000,000 7.4% 2017 $1.5M 2016 $1.4M $800,000 $600,000 2.7% 2017 $1.2M 2016 $1.1M ON MARKET UNTIL SALE 60 50 40 30 20 30.3 27.1 50.6 49.4 10.6% 2.3% 2016 2017 2016 2017
SAN FRANCISCO PRICE PER SQ. FT. $1,200 $1,000 $800 6.8% 2017 $924 2016 $865 $600 $400 3.1% 2017 $1,062 2016 $1,030 SOLD 700 600 500 400 300 654 624 681 4.0% 691 1.5% 2016 2017 2016 2017
SAN FRANCISCO % LIST PRICE RECEIVED 120% 115% 110% 2.9% 2017 116% 2016 113% 105% 100%.02% 2017 105.9% 2016 105.7% MONTHS SUPPLY 2.0 1.5 1.0 0.5 0.0 2.3 1.5 35.2% 3.3 2.0 40.3% MONTHS MONTHS MONTHS MONTHS 2016 2017 2016 2017
IT S MORE THAN A HOME, IT S YOUR LIFE. ROCKRIDGE 1:18 PM
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 $700,000 11.7% 2017 $900,000 2016 $805,940 $600,000 $500,000 11.4% 2017 $612,000 2016 $550,000 ON MARKET UNTIL SALE 60 50 40 30 20 19 20 17 17 5% 0% 2016 2017 2016 2017
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% 2017 107.2% 2016 106.5% 110% 105% 100% 0.4% 2017 105.1% 2016 105.6% SOLD 1070 6.2% 325 Q217 4.7% Q217
IT S MORE THAN A HOME, IT S YOUR LIFE. DANVILLE 10:41 AM
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 $600,000 3.5% 2017 $652,115 2016 $630,000 $500,000 $400,000 $300,000 CONDOS & TOWNHOMES CONDOS & TOWNHOMES 1.1% 2017 $445,000 2016 $450,000 ON MARKET UNTIL SALE 60 50 40 30 20 24 21 14.0% CONDOS & TOWNHOMES 19 22 15% 2016 2017 2016 2017
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% 2017 102.2% 2016 101.8% CONDOS & TOWNHOMES 105% 100% 0.3% 2017 101.8% 2016 101.5% SOLD 1201 11.7% 271 Q217 15.3% Q217
IT S MORE THAN A HOME, IT S YOUR LIFE. PACIFICA 6:25 PM
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 $1.400,000 7.5% 2017 $1,425,000 2016 $1,325,000 $1,200,000 $1,000,000 $800,000 $600,000 CONDOS & TOWNHOMES 10.4% 2017 $846.000 2016 $766,000 ON MARKET UNTIL SALE 60 50 40 30 20 2016 2017 20 18 8.7% CONDOS & TOWNHOMES 22 18 16.5% 2016 2017 2016 2017
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% 2017 108.6% 2016 106.1% 110% 105% 100% 2016 2017 CONDOS & TOWNHOMES 0.6% 2017 105.3% 2016 105.9% SOLD 500 400 300 200 100 2016 2017 418 463 CONDOS & TOWNHOMES 10.5% 131 120 7.4% 2016 2017 2016 2017
IT S MORE THAN A HOME, IT S YOUR LIFE. SAN JOSE 2:05 PM
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 $1,171,000 2016 $1,050,000 CONDOS & TOWNHOMES \ 9.6% 2017 $740,000 2016 $675,000 ON MARKET UNTIL SALE 60 50 40 30 20 2016 2017 21 18 16.4% CONDOS & TOWNHOMES 17 15 10.3% 2016 2017 2016 2017
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% 2017 105.9% 2016 103.5% 115% 110% 105% 100% 2016 2017 0.6% 2017 105% 2016 104.3% SOLD 1100 900 700 500 300 2016 2017 1045 1156 CONDOS & TOWNHOMES 10.6% 448 398 12.6% 2016 2017 2016 2017
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 WWW.SFREALTORS.COM, BEARMLS AT WWW.BAYEAST.ORG, SAMCARMLS AT WWW.SAMCAR.ORG, AND SCCAORMLS AT SCCAOR.ORG. POWERED BY 10K RESEARCH & MARKETING AND REALESTATEREPORT.COM.
BAY AREA POTRERO HILL 251 Rhode Island Street, Suite #105 San Francisco, CA 94103 NOE VALLEY 3961 24th Street San Francisco, CA 94114 MISSION BAY 325 Berry Street, Suite #119 San Francisco, CA 94158 FINANCIAL DISTRICT 600 California Street San Francisco, CA 94108 JACK LONDON SQUARE 201 4th Street, Suite #102 Oakland, CA 94607 MENLO PARK 101 Jefferson Drive, 1st Floor Menlo Park, CA 94025 SANTANA ROW 3031 Tisch Way San Jose, CA 95128 AIRSTREAM On Location Bay Area, CA WALNUT CREEK Coming Soon 415.431.8888 info@climbrealestate.com climbrealestate.com