You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Market</strong> <strong>Report</strong><br />
<strong>Market</strong> <strong>Report</strong> for the <strong>San</strong> <strong>Francisco</strong> <strong>Bay</strong> area<br />
<strong>October</strong> <strong>2022</strong>.<br />
Copyright by KW Advisors <strong>2022</strong>
<strong>San</strong> <strong>Francisco</strong><br />
<strong>Bay</strong> area<br />
Alameda<br />
Jump to Alameda <strong>Report</strong><br />
Contra Costa<br />
Jump to Contra Costa <strong>Report</strong><br />
Napa<br />
Jump to Napa <strong>Report</strong><br />
<strong>San</strong> <strong>Francisco</strong> County<br />
Jump to <strong>San</strong> <strong>Francisco</strong> County <strong>Report</strong>
<strong>San</strong> Mateo<br />
Jump to <strong>San</strong> Mateo <strong>Report</strong><br />
<strong>San</strong>ta Clara<br />
Jump to <strong>San</strong>ta Clara <strong>Report</strong><br />
Solano<br />
Jump to Solano <strong>Report</strong><br />
Sonoma<br />
Jump to Sonoma <strong>Report</strong><br />
Southern/Central<br />
Marin<br />
Jump to Marin <strong>Report</strong>
What’s your home<br />
really worth in<br />
today’s market?<br />
That's really the question you should be asking yourself.<br />
Our market is incredibly diverse and changes rapidly.<br />
Values vary not just by neighborhood, but by street. Your<br />
home isn't necessarily worth what your neighbors is. At the<br />
end of the day, the current market sets the value of your<br />
home.<br />
So, do you know what your home is worth in today's<br />
market?<br />
I can help...<br />
Contact me for a confidential, no obligation,<br />
assessment of your home's value.
Two Questions Every<br />
Homebuyer Should Ask<br />
Themselves Right Now<br />
Rising interest rates have begun to slow an overheated housing market as<br />
monthly mortgage payments have risen dramatically since the beginning of<br />
the year. This is leaving some people, who want to purchase a home, priced<br />
out of the market, and others wondering if now is the right time to buy. But<br />
this rise in borrowing cost shows no signs of letting up soon.<br />
Economic uncertainty and the volatility of the financial markets are causing<br />
mortgage rates to rise. George Ratiu, Senior Economist and Manager of<br />
Economic Research at realtor.com, says this:<br />
“While even two months ago rates above 7% may have seemed unthinkable,<br />
at the current pace, we can expect rates to surpass that level in the next<br />
three months.”<br />
So, is now the right time to buy a home? Anyone thinking about buying a<br />
home today should ask these two questions.
Weekly <strong>Market</strong> Update<br />
September 26, <strong>2022</strong><br />
Week of September 26, <strong>2022</strong> in Review<br />
It was a roller coaster week in the markets, filled with reports on inflation, GDP, home sales and home<br />
price appreciation.<br />
Read More<br />
Consumer Inflation Remains Elevated<br />
The Fed's favorite measure of inflation, Personal Consumption Expenditures (PCE), showed that<br />
inflation rose 0.3% in Agust, which was higher than expectations.<br />
Read More<br />
Signed Contracts on Existing Homes Fall for Third Straight<br />
Month<br />
Pending Home Sales fell 2% from July to August, which was in line with expectations and marks the<br />
third consecutive monthly decline.<br />
Read More<br />
New Home Sales Surprise in August<br />
New Home Sales, which measures signed contracts on new homes, rose 29% from July to August to a<br />
685,000-unit annualized pace, coming in much stronger than the 6 decline expected.<br />
Read More
Annual Home Price Appreciation Declining But Still Strong<br />
The Case-Shiller Home Price Index, which is considered the "gold standard" for appreciation, showed<br />
home prices fell 0.3% in July but they were 15.8% higher when compared to July of last year.<br />
Read More<br />
GDP Negative for Two Consecutive Quarters<br />
The final reading of second quarter GDP came in at -0.6%, which was in line with estimates and the<br />
same as the second reading.<br />
Read More<br />
Labor <strong>Market</strong> Remains Tight<br />
The number of people filing for unemployment benefits for the first time fell by 16,000 in the latest<br />
week, as 193,000 Initial Jobless Claims were reported.<br />
Read More<br />
What to Look for This Week<br />
We'll get more news on home price appreciation when CoreLogic releases their Home Price Index<br />
report for August on Tuesday.<br />
Read More<br />
If you have any questions, contact me anytime! I can help<br />
your clients explore the best mortgage options for either a<br />
purchase or refinance.<br />
Jen Marshall<br />
Loan Consultant<br />
NMLS# 308644<br />
Office: (415) 464-6618<br />
Cell: (415) 205-3771<br />
Email: jenmarshall@loandepot.com<br />
Website: www.loandepot.com<br />
700 Larkspur Landing Cir Ste 210<br />
Larkspur, CA 94939-1733
Alameda<br />
What's in the Alameda data?<br />
In Alameda the median sold price for single-family homes<br />
in September decreased month-over-month to $1.2 million.<br />
The number of homes sold decreased to 797, and the<br />
number of new listings decreased to 1,016.The number of<br />
condo & townhome sales were static month-overmonth<br />
at $720 thousand with 279 units sold and 340 new<br />
listings. Buyers are also still being aggressive with their<br />
offer prices, with the median offer price continuing to be<br />
about 100%. Only about 6% of all homes for sale were<br />
actually completed, due to supply constraints adding to the<br />
scarcity of home supply. Meanwhile, the demand for<br />
homes continues to rise, leading to the rise in sales prices,<br />
and creating an imbalance between supply and demand.
SFH<br />
Single Family Homes<br />
1,016<br />
New Listings<br />
797<br />
Sold Listings<br />
1.7<br />
Months of Inventory<br />
$1.2M<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
28<br />
Avg Days on <strong>Market</strong><br />
The data, sourced from Broker Metrics, includes all single-family homes, condos and<br />
townhomes in the California <strong>Area</strong> from September 2021 to September <strong>2022</strong>. This may<br />
include preliminary data, and may vary from the time the data was gathered. All data is<br />
deemed reliable but not guaranteed. Questions may be directed to KW Advisors.<br />
415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors <strong>2022</strong>.<br />
Each Office is independently owned and operated.
CONDO<br />
Condo & Townhomes<br />
340<br />
New Listings<br />
279<br />
Sold Listings<br />
1.7<br />
Months of Inventory<br />
$720K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
29<br />
Avg Days on <strong>Market</strong>
Alameda<br />
SEPTEMBER 2021 - SEPTEMBER <strong>2022</strong><br />
LISTINGS FOR SALE VS SOLD LISTINGS<br />
3,000<br />
2,000<br />
1,000<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Single Family Homes<br />
Last 12 months, year-over-year.<br />
1,250<br />
1,000<br />
750<br />
500<br />
250<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Last 12 months, year-over-year.
Median<br />
Sales Price<br />
$2,000,000<br />
$1,500,000<br />
Single Family Homes<br />
The median sales price slightly<br />
decreased from $1.27m last<br />
year's September to $1.20m this<br />
year.<br />
$1,000,000<br />
$500,000<br />
Condos & Townhomes<br />
The median sales price remains the<br />
same from $720k last September<br />
2021 to $720k by September <strong>2022</strong>.<br />
$0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
30<br />
AVG Days<br />
On the <strong>Market</strong><br />
20<br />
Single Family Homes<br />
10<br />
The average days on market has<br />
increased from 15 days of the same<br />
month last year, to 28 days this<br />
year.<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
The average days on market has<br />
gone up from last year's September<br />
with 20 days, to 29 days this year.<br />
Overbids<br />
125%<br />
Single Family Homes<br />
The overbid percentage has<br />
decreased from 109.1% last year's<br />
September, to 100% this year.<br />
100%<br />
75%<br />
50%<br />
Condos & Townhomes<br />
The overbid percentage steadily<br />
decreased from 103.3% of<br />
September 2021, 100% a year later.<br />
25%<br />
0%<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong>
Contra<br />
Costa<br />
What's in the Contra Costa data?<br />
In Contra Costa the median sold price for single-family homes<br />
in September decreased month-over-month to $880 thousand.<br />
The number of homes sold decreased to 753, and the number<br />
of new listings decreased to 954. The number of condo &<br />
townhome sales decreased month-over-month to $541<br />
thousand with 182 units sold and 254 new listings. Buyers are<br />
also still being aggressive with their offer prices, with the<br />
median offer price continuing to be about 100%. Only about 6%<br />
of all homes for sale were actually completed, due to supply<br />
constraints adding to the scarcity of home supply. Meanwhile,<br />
the demand for homes continues to rise, leading to the rise in<br />
sales prices, and creating an imbalance between supply and<br />
demand.
SFH<br />
Single Family Homes<br />
954<br />
New Listings<br />
753<br />
Sold Listings<br />
1.7<br />
Months of Inventory<br />
$880K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
30<br />
Avg Days on <strong>Market</strong><br />
The data, sourced from Broker Metrics, includes all single-family homes, condos and<br />
townhomes in the California <strong>Area</strong> from September 2021 to September <strong>2022</strong>. This may<br />
include preliminary data, and may vary from the time the data was gathered. All data is<br />
deemed reliable but not guaranteed. Questions may be directed to KW Advisors.<br />
415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors <strong>2022</strong>.<br />
Each Office is independently owned and operated.
CONDO<br />
Condo & Townhomes<br />
254<br />
New Listings<br />
182<br />
Sold Listings<br />
1.4<br />
Months of Inventory<br />
$541K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
28<br />
Avg Days on <strong>Market</strong>
Contra Costa<br />
SEPTEMBER 2021 - SEPTEMBER <strong>2022</strong><br />
LISTINGS FOR SALE VS SOLD LISTINGS<br />
3,000<br />
2,000<br />
1,000<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Single Family Homes<br />
Last 12 months, year-over-year.<br />
750<br />
500<br />
250<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Last 12 months, year-over-year.
Median<br />
Sales Price<br />
$1,000,000<br />
$750,000<br />
Single Family Homes<br />
The median sales slightly increased<br />
from $865k of last year's<br />
September, to $880k this year.<br />
$500,000<br />
$250,000<br />
Condos & Townhomes<br />
The median sales price has<br />
decreased from $600k last<br />
September 2021 to $541k by<br />
September <strong>2022</strong>.<br />
$0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
30<br />
20<br />
AVG Days<br />
On the <strong>Market</strong><br />
Single Family Homes<br />
10<br />
The average days on market has<br />
increased from 15 days last year's<br />
September, to 30 days a year later.<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
The average days on market has<br />
increased from 19 days last year's<br />
September, to 28 days a year later.<br />
Overbids<br />
125%<br />
Single Family Homes<br />
The overbid percentage goes<br />
down from 103.9% of last year's<br />
September, to 100% this year.<br />
100%<br />
75%<br />
50%<br />
Condos & Townhomes<br />
The overbid percentage goes<br />
down from 101.2% of last<br />
year's September, to 100%<br />
this year.<br />
25%<br />
0%<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong>
Napa<br />
What's in the Napa data?<br />
In Napa the median sold price for single-family homes in<br />
September increased month-over-month to $1 million. The<br />
number of homes sold decreased to 80, and the number of<br />
new listings decreased to 74. The number of condo and<br />
townhouse units sold increased to $630 thousand<br />
month-over-month with 12 units sold and 8 new listings.<br />
Buyers are also still being aggressive with their offer<br />
prices, with the median offer price continuing to be about<br />
100%. Buyers are also still being aggressive with their offer<br />
prices, with the median offer price continuing to be about<br />
100%. Only about 6% of all homes for sale were actually<br />
completed, due to supply constraints adding to the scarcity<br />
of home supply. Meanwhile, the demand for homes<br />
continues to rise, leading to the rise in sales prices, and<br />
creating an imbalance between supply and demand.
SFH<br />
Single Family Homes<br />
74<br />
New Listings<br />
80<br />
Sold Listings<br />
2.6<br />
Months of Inventory<br />
$1M<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
30<br />
Avg Days on <strong>Market</strong><br />
The data, sourced from Broker Metrics, includes all single-family homes, condos and<br />
townhomes in the California <strong>Area</strong> from September 2021 to September <strong>2022</strong>. This may<br />
include preliminary data, and may vary from the time the data was gathered. All data is<br />
deemed reliable but not guaranteed. Questions may be directed to KW Advisors.<br />
415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors <strong>2022</strong>.<br />
Each Office is independently owned and operated.
CONDO<br />
Condo & Townhomes<br />
8<br />
New Listings<br />
12<br />
Sold Listings<br />
1.3<br />
Months of Inventory<br />
$630K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
31<br />
Avg Days on <strong>Market</strong>
Napa<br />
SEPTEMBER 2021 - SEPTEMBER <strong>2022</strong><br />
LISTINGS FOR SALE VS SOLD LISTINGS<br />
600<br />
400<br />
200<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Single Family Homes<br />
Last 12 months, year-over-year.<br />
60<br />
40<br />
20<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Last 12 months, year-over-year.
Median<br />
Sales Price<br />
$1,250,000<br />
$1,000,000<br />
Single Family Homes<br />
$750,000<br />
The median sales price has<br />
increased from $875k last year's<br />
September to $1m this year.<br />
$500,000<br />
$250,000<br />
Condos & Townhomes<br />
The median sales price<br />
increased from $503k last<br />
September 2021 to $630k a<br />
year later.<br />
$0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
100<br />
75<br />
AVG Days<br />
On the <strong>Market</strong><br />
50<br />
25<br />
Single Family Homes<br />
The average days on the market<br />
has decreased from 37 days of<br />
September 2021 to 30 days this<br />
September <strong>2022</strong>.<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Huge difference is seen on the<br />
average days on the <strong>Market</strong> as the<br />
81 days from last year's becomes<br />
31 days only a year later.<br />
Overbids<br />
125%<br />
100%<br />
Single Family Homes<br />
The overbid percentage has remain<br />
the same from 100% record last<br />
year's September to 100% this year.<br />
75%<br />
50%<br />
Condos & Townhomes<br />
The overbid percentage has<br />
remain the same from 100%<br />
record last year's September<br />
to 100% this year.<br />
25%<br />
0%<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong>
<strong>San</strong><br />
<strong>Francisco</strong><br />
County<br />
What's in the <strong>San</strong> <strong>Francisco</strong><br />
County data?<br />
In <strong>San</strong> <strong>Francisco</strong> County, the median sold price for singlefamily<br />
homes in September decreased month-over-month to<br />
$1.6 million. The number of homes sold decreased to 172,<br />
and the number of new listings decreased to 367. The<br />
number of condo and townhomes sold increased monthover-month<br />
to $1 million, with 188 units sold and 484 new<br />
listings. Buyers are also still being aggressive with their offer<br />
prices, with the median offer price continuing to be about<br />
100%. Only about 6% of all homes for sale were actually<br />
completed, due to supply constraints adding to the scarcity<br />
of home supply. Meanwhile, the demand for homes<br />
continues to rise, leading to the rise in sales prices, and<br />
creating an imbalance between supply and demand.
SFH<br />
Single Family Homes<br />
367<br />
New Listings<br />
172<br />
Sold Listings<br />
2.1<br />
Months of Inventory<br />
$1.6M<br />
Median Sale Price<br />
104.2%<br />
Median Sale vs List<br />
28<br />
Avg Days on <strong>Market</strong><br />
The data, sourced from Broker Metrics, includes all single-family homes, condos and<br />
townhomes in the California <strong>Area</strong> from September 2021 to September <strong>2022</strong>. This may<br />
include preliminary data, and may vary from the time the data was gathered. All data is<br />
deemed reliable but not guaranteed. Questions may be directed to KW Advisors.<br />
415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors <strong>2022</strong>.<br />
Each Office is independently owned and operated.
CONDO<br />
Condo & Townhomes<br />
484<br />
New Listings<br />
188<br />
Sold Listings<br />
3.3<br />
Months of Inventory<br />
$1.1M<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
58<br />
Avg Days on <strong>Market</strong>
<strong>San</strong> <strong>Francisco</strong><br />
County<br />
SEPTEMBER 2021 - SEPTEMBER <strong>2022</strong><br />
LISTINGS FOR SALE VS SOLD LISTINGS<br />
1,000<br />
750<br />
500<br />
250<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Single Family Homes<br />
Last 12 months, year-over-year.<br />
1,500<br />
1,000<br />
500<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Last 12 months, year-over-year.
Median<br />
Sales Price<br />
$2,500,000<br />
$2,000,000<br />
Single Family Homes<br />
$1,500,000<br />
The median sales price decreased<br />
from $1.7m in September 2021 to<br />
$1.6m in September <strong>2022</strong>.<br />
$1,000,000<br />
$500,000<br />
Condos & Townhomes<br />
The median sales price decreased<br />
from $1.2m in September 2021 and<br />
$1.1m in September <strong>2022</strong>.<br />
$0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
75<br />
50<br />
AVG Days<br />
On the <strong>Market</strong><br />
Single Family Homes<br />
25<br />
The average days on market<br />
increased from 23 days last<br />
September 2021 to 28 days by<br />
September <strong>2022</strong>.<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
The average days on market<br />
increased from 37 days in<br />
September 2021 to 58 days this year.<br />
Overbids<br />
125%<br />
100%<br />
Single Family Homes<br />
The overbid percentage decreased<br />
from 116.1% last September 2021<br />
to 104.2% a year later.<br />
75%<br />
50%<br />
Condos & Townhomes<br />
The overbid percentage slightly<br />
decreased from 100.9% last<br />
September 2021 to 100% a year<br />
later.<br />
25%<br />
0%<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong>
<strong>San</strong> Mateo<br />
County<br />
What's in the <strong>San</strong> Mateo County<br />
data?<br />
In <strong>San</strong> Mateo County, the median sold price for singlefamily<br />
homes in September decreased month-over-month<br />
to $1.7 million. The number of homes sold decreased to<br />
359, and the number of new listings decreased to 471. The<br />
number of condo and townhouse sales decreased to $910<br />
thousand with 92 units sold and 158 new listings. Buyers<br />
are also still being aggressive with their offer prices, with<br />
the median offer price continuing to be about 100%. Only<br />
about 6% of all homes for sale were actually completed,<br />
due to supply constraints adding to the scarcity of home<br />
supply. Meanwhile, the demand for homes continues to<br />
rise, leading to the rise in sales prices, and creating an<br />
imbalance between supply and demand.
SFH<br />
Single Family Homes<br />
471<br />
New Listings<br />
359<br />
Sold Listings<br />
1.7<br />
Months of Inventory<br />
$1.7M<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
30<br />
Avg Days on <strong>Market</strong><br />
The data, sourced from Broker Metrics, includes all single-family homes, condos and<br />
townhomes in the California <strong>Area</strong> from September 2021 to September <strong>2022</strong>. This may<br />
include preliminary data, and may vary from the time the data was gathered. All data is<br />
deemed reliable but not guaranteed. Questions may be directed to KW Advisors.<br />
415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors <strong>2022</strong>.<br />
Each Office is independently owned and operated.
CONDO<br />
Condo & Townhomes<br />
158<br />
New Listings<br />
92<br />
Sold Listings<br />
1.8<br />
Months of Inventory<br />
$910K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
38<br />
Avg Days on <strong>Market</strong>
<strong>San</strong> Mateo County<br />
SEPTEMBER 2021 - SEPTEMBER <strong>2022</strong><br />
LISTINGS FOR SALE VS SOLD LISTINGS<br />
1,250<br />
1,000<br />
750<br />
500<br />
250<br />
0<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Single Family Homes<br />
Last 12 months, year-over-year.<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Last 12 months, year-over-year.
Median<br />
Sales Price<br />
$2,500,000<br />
$2,000,000<br />
Single Family Homes<br />
$1,500,000<br />
The median sales price<br />
decreased from $1.8m in<br />
September 2021 to $1.7m in<br />
September <strong>2022</strong>.<br />
$1,000,000<br />
$500,000<br />
Condos & Townhomes<br />
The median sales price slightly<br />
decreased from $925k in<br />
September 2021 and $910k in<br />
September <strong>2022</strong>.<br />
$0<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
40<br />
30<br />
AVG Days<br />
On the <strong>Market</strong><br />
20<br />
10<br />
Single Family Homes<br />
The average days on market increased<br />
from 20 days last September 2021 to<br />
30 days by September <strong>2022</strong>.<br />
0<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
The average days on market<br />
increased from 23 days in<br />
September 2021 to 38 days this<br />
year.<br />
Overbids<br />
125%<br />
100%<br />
Single Family Homes<br />
The overbid percentage<br />
decreased from 106.2% last<br />
September 2021 to 100% a year<br />
later.<br />
Condos & Townhomes<br />
The overbid percentage decreased<br />
from 103.8% last September 2021<br />
to 100% a year later.<br />
75%<br />
50%<br />
25%<br />
0%<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong>
<strong>San</strong>ta Clara<br />
County<br />
What's in the <strong>San</strong>ta Clara<br />
County data?<br />
In <strong>San</strong>ta Clara County, the median sold price for singlefamily<br />
homes in September slightly increased month-overmonth<br />
to $1.6 million. The number of homes sold<br />
decreased to 809, and the number of new listings<br />
decreased to 858. The number of condo & townhome sales<br />
increased month-over-month to $920 thousand with 347<br />
units sold and 349 new listings. Buyers are also still being<br />
aggressive with their offer prices, with the median offer<br />
price continuing to be about 100%. Only about 6% of all<br />
homes for sale were actually completed, due to supply<br />
constraints adding to the scarcity of home supply.<br />
Meanwhile, the demand for homes continues to rise,<br />
leading to the rise in sales prices, and creating an<br />
imbalance between supply and demand.
SFH<br />
Single Family Homes<br />
858<br />
New Listings<br />
809<br />
Sold Listings<br />
1.3<br />
Months of Inventory<br />
$1.6M<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
28<br />
Avg Days on <strong>Market</strong><br />
The data, sourced from Broker Metrics, includes all single-family homes, condos and<br />
townhomes in the California <strong>Area</strong> from September 2021 to September <strong>2022</strong>. This may<br />
include preliminary data, and may vary from the time the data was gathered. All data is<br />
deemed reliable but not guaranteed. Questions may be directed to KW Advisors.<br />
415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors <strong>2022</strong>.<br />
Each Office is independently owned and operated.
CONDO<br />
Condo & Townhomes<br />
349<br />
New Listings<br />
347<br />
Sold Listings<br />
1.2<br />
Months of Inventory<br />
$920K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
29<br />
Avg Days on <strong>Market</strong>
<strong>San</strong>ta Clara County<br />
SEPTEMBER 2021 - SEPTEMBER <strong>2022</strong><br />
LISTINGS FOR SALE VS SOLD LISTINGS<br />
2,500<br />
2,000<br />
1,500<br />
1,000<br />
500<br />
0<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Single Family Homes<br />
Last 12 months, year-over-year.<br />
1,500<br />
1,000<br />
500<br />
0<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Last 12 months, year-over-year.
Median<br />
Sales Price<br />
$2,000,000<br />
$1,500,000<br />
Single Family Homes<br />
The median sales price slightly<br />
increased from $1.610m in September<br />
2021 to $1.650m in September <strong>2022</strong>.<br />
$1,000,000<br />
$500,000<br />
Condos & Townhomes<br />
The median sales price slightly<br />
increased from $910k in<br />
September 2021 and $920k in<br />
September <strong>2022</strong>.<br />
$0<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
30<br />
AVG Days<br />
On the <strong>Market</strong><br />
20<br />
Single Family Homes<br />
10<br />
The average days on market<br />
increased from 15 days last<br />
September 2021 to 28 days by<br />
September <strong>2022</strong>.<br />
0<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
The average days on market<br />
increased from 19 days in<br />
September 2021 to 29 days this<br />
year.<br />
Overbids<br />
125%<br />
100%<br />
Single Family Homes<br />
The overbid percentage decreased<br />
from 106.7% last September 2021<br />
to 100% a year later.<br />
75%<br />
50%<br />
Condos & Townhomes<br />
The overbid percentage decreased<br />
from 102.5% last September 2021<br />
to 100% a year later.<br />
25%<br />
0%<br />
September <strong>2022</strong><br />
<strong>October</strong> <strong>2022</strong><br />
November <strong>2022</strong><br />
December <strong>2022</strong><br />
January <strong>2022</strong><br />
February <strong>2022</strong><br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong>
Solano<br />
What's in the Solano data?<br />
In Solano, the median sold price for single-family homes in<br />
September slightly increased month-over-month to $598<br />
thousand. The number of homes sold decreased to 350<br />
and the number of new listings also decreased to 346. The<br />
number of condo & townhome sales increased month-overmonth<br />
to $425 thousand month-over-month with 29 units<br />
sold and 31 new listings. Buyers are also still being<br />
aggressive with their offer prices, with the median offer<br />
price continuing to be about 100%. Only about 6% of all<br />
homes for sale were actually completed, due to supply<br />
constraints adding to the scarcity of home supply.<br />
Meanwhile, the demand for homes continues to rise,<br />
leading to the rise in sales prices, and creating an<br />
imbalance between supply and demand.
SFH<br />
Single Family Homes<br />
346<br />
New Listings<br />
350<br />
Sold Listings<br />
2<br />
Months of Inventory<br />
$598K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
40<br />
Avg Days on <strong>Market</strong><br />
The data, sourced from Broker Metrics, includes all single-family homes, condos and<br />
townhomes in the California <strong>Area</strong> from September 2021 to September <strong>2022</strong>. This may<br />
include preliminary data, and may vary from the time the data was gathered. All data is<br />
deemed reliable but not guaranteed. Questions may be directed to KW Advisors.<br />
415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors <strong>2022</strong>.<br />
Each Office is independently owned and operated.
CONDO<br />
Condo & Townhomes<br />
31<br />
New Listings<br />
29<br />
Sold Listings<br />
1.1<br />
Months of Inventory<br />
$425K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
44<br />
Avg Days on <strong>Market</strong>
Solano<br />
SEPTEMBER 2021 - SEPTEMBER <strong>2022</strong><br />
LISTINGS FOR SALE VS SOLD LISTINGS<br />
1,500<br />
1,000<br />
500<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Single Family Homes<br />
Last 12 months, year-over-year.<br />
125<br />
100<br />
75<br />
50<br />
25<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Last 12 months, year-over-year.
Median<br />
Sales Price<br />
$750,000<br />
$500,000<br />
Single Family Homes<br />
The median sales price has gone up<br />
from $565k last September 2021, to<br />
$598k by September <strong>2022</strong>.<br />
$250,000<br />
Condos & Townhomes<br />
The median sales price has slightly<br />
increased from $380k in September<br />
2021 to $425k by September <strong>2022</strong>.<br />
$0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
50<br />
40<br />
AVG Days<br />
On the <strong>Market</strong><br />
30<br />
Single Family Homes<br />
20<br />
10<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
The average days on market slightly<br />
increased from 27 days last year to<br />
40 days this year<br />
Condos & Townhomes<br />
The average days on market<br />
significantly increased from 23 days<br />
last year's September, to 44 days<br />
this year.<br />
Overbids<br />
125%<br />
100%<br />
Single Family Homes<br />
The overbid percentage has<br />
decreased from 101.5% last year<br />
to 100% this year's September.<br />
75%<br />
50%<br />
Condos & Townhomes<br />
The overbid percentage has<br />
slightly decreased from 103.7%<br />
last year to 100% this year's<br />
September.<br />
25%<br />
0%<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong>
Sonoma<br />
What's in the Sonoma data?<br />
In Sonoma, the median sold price for single-family homes<br />
in September slightly increased month-over-month to $815<br />
thousand. The number of homes sold decreased to 312<br />
and the number of new listings also decreased to 279. The<br />
number of condo and townhome sales was static monthover-month<br />
at $465 thousand with 45 units sold and 39<br />
new listings. Buyers are also still being aggressive with<br />
their offer prices, with the median offer price continuing to<br />
be about 100%. Only about 6% of all homes for sale were<br />
actually completed, due to supply constraints adding to the<br />
scarcity of home supply. Meanwhile, the demand for<br />
homes continues to rise, leading to the rise in sales prices,<br />
and creating an imbalance between supply and demand.
SFH<br />
Single Family Homes<br />
279<br />
New Listings<br />
312<br />
Sold Listings<br />
1.7<br />
Months of Inventory<br />
$815K<br />
Median Sale Price<br />
52<br />
Median Sale vs List<br />
45<br />
Avg Days on <strong>Market</strong><br />
The data, sourced from Broker Metrics, includes all single-family homes, condos and<br />
townhomes in the California <strong>Area</strong> from September 2021 to September <strong>2022</strong>. This may<br />
include preliminary data, and may vary from the time the data was gathered. All data is<br />
deemed reliable but not guaranteed. Questions may be directed to KW Advisors.<br />
415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors <strong>2022</strong>.<br />
Each Office is independently owned and operated.
CONDO<br />
Condo & Townhomes<br />
39<br />
New Listings<br />
45<br />
Sold Listings<br />
1.2<br />
Months of Inventory<br />
$465K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
40<br />
Avg Days on <strong>Market</strong>
Sonoma<br />
SEPTEMBER 2021 - SEPTEMBER <strong>2022</strong><br />
LISTINGS FOR SALE VS SOLD LISTINGS<br />
2,000<br />
1,500<br />
1,000<br />
500<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Single Family Homes<br />
Last 12 months, year-over-year.<br />
300<br />
200<br />
100<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Last 12 months, year-over-year.
Median<br />
Sales Price<br />
$1,000,000<br />
$750,000<br />
Single Family Homes<br />
$500,000<br />
The median sales price slightly<br />
increased from $757k last year's<br />
September, to $815k this year.<br />
$250,000<br />
Condos & Townhomes<br />
The median sales price has<br />
increased from $449k of<br />
September 2021 to $465k by<br />
September <strong>2022</strong>.<br />
$0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
60<br />
40<br />
AVG Days<br />
On the <strong>Market</strong><br />
Single Family Homes<br />
20<br />
The average days on market slightly<br />
decreased from 52 days last year<br />
to 45 days by September this year.<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
The average days on market<br />
significantly decreased from 52<br />
days last year to 40 days by<br />
September this year.<br />
Overbids<br />
125%<br />
100%<br />
Single Family Homes<br />
The overbid percentage has<br />
slightly decreased from 100.1%<br />
last year's September, to 100%<br />
this year.<br />
75%<br />
50%<br />
Condos & Townhomes<br />
The overbid percentage has<br />
remained the same from 100%<br />
last year to 100% this year's<br />
September.<br />
25%<br />
0%<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong>
Southern/Central<br />
Marin<br />
What's in the Marin data?<br />
In Marin, the median sold price for single-family homes in<br />
September slightly increased month-over-month to $1.7<br />
million. The number of homes sold decreased to 152 and<br />
the number of new listings also decreased to 166. The<br />
number of condo & townhome sales decreased monthover-month<br />
to $862 thousand, with 42 unit sold and 42 new<br />
listings. Buyers are also still being aggressive with their<br />
offer prices, with the median offer price continuing to be<br />
about 100%. Only about 6% of all homes for sale were<br />
actually completed, due to supply constraints adding to the<br />
scarcity of home supply. Meanwhile, the demand for<br />
homes continues to rise, leading to the rise in sales prices,<br />
and creating an imbalance between supply and demand.
SFH<br />
Single Family Homes<br />
166<br />
New Listings<br />
152<br />
Sold Listings<br />
1.8<br />
Months of Inventory<br />
$1.7M<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
33<br />
Avg Days on <strong>Market</strong><br />
The data, sourced from Broker Metrics, includes all single-family homes, condos and<br />
townhomes in the California <strong>Area</strong> from September 2021 to September <strong>2022</strong>. This may<br />
include preliminary data, and may vary from the time the data was gathered. All data is<br />
deemed reliable but not guaranteed. Questions may be directed to KW Advisors.<br />
415.483.9285 DRE# 01995149 | DRE# 01906450 Copyright KW Advisors <strong>2022</strong>.<br />
Each Office is independently owned and operated.
CONDO<br />
Condo & Townhomes<br />
42<br />
New Listings<br />
42<br />
Sold Listings<br />
2.2<br />
Months of Inventory<br />
$862K<br />
Median Sale Price<br />
100%<br />
Median Sale vs List<br />
38<br />
Avg Days on <strong>Market</strong>
S/C Marin<br />
SEPTEMBER 2021 - SEPTEMBER <strong>2022</strong><br />
LISTINGS FOR SALE VS SOLD LISTINGS<br />
750<br />
500<br />
250<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Single Family Homes<br />
Last 12 months, year-over-year.<br />
300<br />
200<br />
100<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
Last 12 months, year-over-year.
Median<br />
Sales Price<br />
$2,500,000<br />
$2,000,000<br />
$1,500,000<br />
Single Family Homes<br />
The median sales price has<br />
increased from $1.7m last<br />
September 2021, to $1.7m the<br />
following year.<br />
Condos & Townhomes<br />
The median sales price has<br />
significantly increased from<br />
$684k last September 2021<br />
to $862k on September<br />
<strong>2022</strong>.<br />
$1,000,000<br />
$500,000<br />
$0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
75<br />
50<br />
AVG Days<br />
On the <strong>Market</strong><br />
Single Family Homes<br />
25<br />
The average days on market is<br />
down from 40 days last September<br />
2021 to 33 days by September<br />
<strong>2022</strong>.<br />
0<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong><br />
Condos & Townhomes<br />
The average days on market last<br />
September 2021 is 40 days down to<br />
38 days on September <strong>2022</strong>.<br />
Overbids<br />
125%<br />
100%<br />
Single Family Homes<br />
The overbid percentage has<br />
slightly gone down from 104.6%<br />
last year's September, to 100% a<br />
year later.<br />
75%<br />
50%<br />
Condos & Townhomes<br />
The overbid percentage has<br />
remained the same from<br />
100% last year's September,<br />
to 100% this year.<br />
25%<br />
0%<br />
September 2021<br />
<strong>October</strong> 2021<br />
November 2021<br />
December 2021<br />
January 2021<br />
February 2021<br />
March <strong>2022</strong><br />
April <strong>2022</strong><br />
May <strong>2022</strong><br />
June <strong>2022</strong><br />
July <strong>2022</strong><br />
August <strong>2022</strong><br />
September <strong>2022</strong>
Christina Hood (& Greg
Change language