Market Insights September 2023
In spite of a recent deceleration, the San Francisco real estate market demonstrates impressive resilience. Ongoing transactions highlight the market's continued activity and adaptability. Although the absorption rate has slightly decreased compared to previous years, the enthusiastic presence of buyers emphasizes the enduring allure of San Francisco properties.
Buyers are actively exploring opportunities, showcasing a steadfast confidence in the city's real estate market. This sustained interest not only highlights the city's attractiveness but also signifies a strong foundation for future growth. San Francisco's unique charm, coupled with its status as a technology hub, ensures a steady influx of potential buyers.
Snap shot: San Francisco $5 Million+ Market Past 3 months
Latest National Real Estate Market Report:
San Francisco & Marin County Home Prices, Market Conditions & Trends
A review of house and condo prices, appreciation rates, supply and demand, overbidding, time and market, luxury home sales and macroeconomic factors pertinent to the San Francisco real estate market.
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Compass is a real estate broker licensed by the State of California, DRE 01527235. Equal Housing Opportunity. This report has been
prepared solely for information purposes. The information herein is based on or derived from information generally available to the
public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or
completeness of the information. Compass disclaims any and all liability relating to this report, including without limitation any express or
implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended
to be or should be read as any regulatory, legal, tax, accounting or other advice and Compass does not provide such advice. All
opinions are subject to change without notice. Compass makes no representation regarding the accuracy of any statements regarding
any references to the laws, statutes or regulations of any state are those of the author(s).
