The AI Market Shift

As the fall selling season began, most Bay Area markets saw significant year-over-year shifts in their number of September home sales. San Francisco had a particularly dramatic 35% increase in home sales. Supply actually dropped...the number of active listings plunged y-o-y by 28%. Median price was up slightly, about 3.2%. However, an increase in sales with a decline in listings has added huge pressure to the SF market going forward. We can expect to see price increases in 2026.

Marin, following San Francisco, saw a significant September y-o-y 19% increase in unit sales, and a dramatic increase in luxury sales over $5,000,000. Median prices rose 3%, while other market indicators suggested a slightly cooler market than last year.

October data will give us further insight into the autumn selling season, before activity begins to slow down in November for the mid-winter holidays.

Many aspects of value cannot be adequately reflected in median and average statistics: curb appeal, age, condition, amenities, views, lot size, quality of outdoor space, "bonus" rooms, additional parking, quality of location, and so on.

Interested in our opinion about the value of your home? Contact us! We'll visit your home, provide you with a comparative market report, and give you our hands-on opinion and suggestions to increase value.

Bloomberg:

"Three years after real estate’s last bull run ground to a halt, the global property market is showing tentative signs of a recovery as easing interest rates bring some of the conditions that powered the previous boom."

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