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Q1 MARKET REPORT 2018

SAN FRANCISCO • EAST BAY • PENINSULA • SOUTH BAY SAN FRANCISCO • EAST BAY • PENINSULA • SOUTH BAY


IT’S MORE THAN A HOME IT’S YOUR LIFE. EMBARCADERO | 6:48 PM


SAN FRANCISCO MARKET OVERVIEW YEAR OVER YEAR HOME PRICES ARE INCREASING. SINGLE-FAMILY HOMES AND CONDOS CONTINUE TO PERFORM WELL.

MEDIAN SALES PRICE

SINGLE-FAMILY HOMES

23.8%

$1,800,000

2017 $1.3m

SINGLE-FAMILY HOMES

$1,600,000

CONDOS & LOFTS

$1,400,000

CONDOS & LOFTS

$1,200,000

4.6%

$1,000,000

2017

2018

DAY ON MARKET UNTIL SALE 60

CONDOS & LOFTS

50 40 30

SINGLE-FAMILY HOMES 20

2017

2018

SINGLE-FAMILY HOMES

40

26

DAYS

DAYS

2017

2018 $1.6m

-34.3%

2018

CONDOS & LOFTS

58

52

-10.5%

DAYS 2017

DAYS 2018

2018 $1.2m 2017 $1.1m


SAN FRANCISCO MARKET OVERVIEW

PRICE PER SQ. FT.

SINGLE-FAMILY HOMES

12.2%

$1,200

CONDOS & LOFTS

$1,000

SINGLE-FAMILY HOMES $800

8.7%

$400

2018

SOLD LISTINGS 600

CONDOS & LOFTS 500 400

SINGLE-FAMILY HOMES

300 200

2017

2018

SINGLE-FAMILY HOMES

390

384

CONDOS & LOFTS

539

2017 $876/ft 2

CONDOS & LOFTS

$600

2017

2018 $983/ft 2

548 1.7%

1.5%

LISTINGS

LISTINGS

LISTINGS

LISTINGS

2017

2018

2017

2018

2018 $1,112/ft 2 2017 $1,023/ft 2


SAN FRANCISCO MARKET OVERVIEW

% LIST PRICE RECEIVED

SINGLE-FAMILY HOMES

4.2%

120%

SINGLE-FAMILY HOMES

115%

2017 111.5%

CONDOS & LOFTS

110%

CONDOS & LOFTS

105%

1.6%

100%

2017

2018

MONTHS SUPPLY 2.5 2.0

CONDOS & LOFTS

1.5

SINGLE-FAMILY HOMES

1.0 0.5

2017

2018

SINGLE-FAMILY HOMES

2.1

2018 116.1%

1.3

CONDOS & LOFTS

2.6

36.6%

1.7

37.1%

MONTHS

MONTHS

MONTHS

2017

2018

2017

MONTHS 2018

2018 105.4% 2017 103.7%


IT’S MORE THAN A HOME IT’S YOUR LIFE. LAKE MERRITT | 9:42PM


EAST BAY MARKET OVERVIEW

ALAMEDA COUNTY

(ALAMEDA, ALBANY, BERKELEY, CASTRO VALLEY, EMERYVILLE, FREMONT, HAYWARD, LIVERMORE, NEWARK, OAKLAND, PLEASANTON, SAN LEANDRO, SAN LORENZO, UNION CITY)

AS BUYERS FROM SAN FRANCISCO LOOK ACROSS THE BAY, ALAMEDA COUNTY CITIES EXPERIENCED PRICE GAINS WHILE OVER ALL SALES ACTIVITY MODESTLY DECREASED.

MEDIAN SALES PRICE

SINGLE-FAMILY HOMES

15.9%

SINGLE-FAMILY HOMES

$900,000 $800,000 $700,000

CONDOS & LOFTS

$600,000

11.3%

2018

DAY ON MARKET UNTIL SALE 25 20

SINGLE-FAMILY HOMES

15

CONDOS & LOFTS

10 5

2017

2018

SINGLE-FAMILY HOMES

26

DAYS 2017

CONDOS & LOFTS

18

17

15

DAYS

DAYS

DAYS

30.7%

2018

2017

2017 $819k

CONDOS & LOFTS

$500,000

2017

2018 $950k

11.7%

2018

2018 $640k 2017 $575k


EAST BAY MARKET OVERVIEW

% LIST PRICE RECEIVED

(ALAMEDA, ALBANY, BERKELEY, CASTRO VALLEY, EMERYVILLE, FREMONT, HAYWARD, LIVERMORE, NEWARK, OAKLAND, PLEASANTON, SAN LEANDRO, SAN LORENZO, UNION CITY)

SINGLE-FAMILY HOMES

3.9%

120% 115%

SINGLE-FAMILY HOMES

110%

CONDOS & LOFTS

3.8%

100%

2017

2018

SOLD LISTINGS 1,000

SINGLE-FAMILY HOMES

800 600 400

CONDOS & LOFTS

200

2017

2018

SINGLE-FAMILY HOMES

808

CONDOS & LOFTS

283

1.2%

2018 110.3% 2017 106.4%

CONDOS & LOFTS

105%

818

ALAMEDA COUNTY

254 10.3%

LISTINGS

LISTINGS

LISTINGS

LISTINGS

2017

2018

2017

2018

2018 108.1% 2017 104.3%


EAST BAY MARKET OVERVIEW

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 PRICES ENDED ON A HIGH NOTE, WHILE CONDOS IN THE AREA SAW SLIGHT PRICE INCREASE.

MEDIAN SALES PRICE

SINGLE-FAMILY HOMES

12.1%

$700,000

SINGLE-FAMILY HOMES

2018 $650k 2017 $580k

$600,000

CONDOS & LOFTS

$500,000

CONDOS & LOFTS $400,000

1.3%

$300,000

2017

2018

DAY ON MARKET UNTIL SALE 25

SINGLE-FAMILY HOMES

20 15

CONDOS & LOFTS

10 5

2017

2018

SINGLE-FAMILY HOMES

29

DAYS 2017

CONDOS & LOFTS

23

24

DAYS

DAYS

20.7%

2018

13

45.8%

2017

DAYS 2018

2018 $451k 2017 $445k


EAST BAY MARKET OVERVIEW

% LIST PRICE RECEIVED

(ALAMO, BLACKHAWK, CLAYTON, CONCORD, DANVILLE, DIABLO, EL CERRITO, LAFAYETTE, MARTINEZ, MORAGA, ORINDA, PLEASANT HILL, SAN RAMON WALNUT CREEK)

SINGLE-FAMILY HOMES

1.5%

104%

CONDOS & LOFTS 103%

2018 103.2% 2017 101.7%

CONDOS & LOFTS

102% 101% 100%

2.6%

SINGLE-FAMILY HOMES 2017

2018

SOLD LISTINGS 1,000

SINGLE-FAMILY HOMES 800 600 400

CONDOS & LOFTS

200

2017

2018

SINGLE-FAMILY HOMES

921

CONTRA COSTA COUNTY

903

CONDOS & LOFTS

264

1.9%

234 11.4%

LISTINGS

LISTINGS

LISTINGS

LISTINGS

2017

2018

2017

2018

2018 103.8% 2017 101.2%


IT’S MORE THAN A HOME IT’S YOUR LIFE. PACIFICA | 6:25 PM


PENINSULA MARKET OVERVIEW

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)

MEDIAN HOME PRICES IN THE PENINSULA FOR BOTH SINGLE-FAMILY HOMES AND CONDOS CONTINUE TO RISE.

MEDIAN SALES PRICE

SINGLE-FAMILY HOMES

20.1%

SINGLE-FAMILY HOMES

$1,600,000 $1,400,000

$1,000,000

12.4%

CONDOMINIUMS

$800,000

2017

2018

DAYS ON MARKET UNTIL SALE 25 20 15

SINGLE-FAMILY HOMES

10

CONDOMINIUMS

5

2017

2018

SINGLE-FAMILY HOMES

DAYS 2017

2017 $1.34m

CONDOMINIUMS

$1,200,000

23

2018 $1.61m

CONDOMINIUMS

15

23

DAYS

DAYS

34.8%

2018

2017

9

60.8%

DAYS 2018

2018 $933k 2017 $830k


PENINSULA MARKET OVERVIEW

% LIST PRICE RECEIVED

(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)

SINGLE-FAMILY HOMES

6.5%

120% 115%

SINGLE-FAMILY HOMES CONDOMINIUMS

110%

7.1%

100%

2017

2018

SOLD LISTINGS 500 400 300

SINGLE-FAMILY HOMES

200 100

CONDOMINIUMS 2017

2018

SINGLE-FAMILY HOMES

336

CONDOMINIUMS

119

2.4%

2018 113.3% 2017 106.8%

CONDOMINIUMS

105%

328

SAN MATEO COUNTY

118 0.1%

LISTINGS

LISTINGS

LISTINGS

LISTINGS

2017

2018

2017

2018

2018 111.8% 2017 104.7%


IT’S MORE THAN A HOME IT’S YOUR LIFE. SAN JOSE | 7:05 PM


SOUTH BAY MARKET OVERVIEW

SANTA CLARA COUNTY

(Campbell, Cupertino, Gilroy, Los Altos, Los Gatos, Milpitas, Morgan HIll, Mountain View, Palo Alto, San Jose, Santa Clara, Saratoga, Sunnyvale)

SINGLE-FAMILY HOMES AND CONDO SALES PRICES IN SANTA CLARA COUNTY ARE ON A CONTINUED UPWARD TREND.

MEDIAN SALES PRICE

SINGLE-FAMILY HOMES

28.3%

SINGLE-FAMILY HOMES $1,400,000 $1,200,000

CONDOMINIUMS $800,000

28.0%

$600,000

2018

DAYS ON MARKET UNTIL SALE 50 40 30 20

SINGLE-FAMILY HOMES

10

CONDOMINIUMS 2017

2018

SINGLE-FAMILY HOMES

23

16

30.4%

DAYS 2017

DAYS 2018

2017 $1.13m

CONDOMINIUMS

$1,000,000

2017

2018 $1.45m

CONDOMINIUMS

24

DAYS 2017

12

50.0%

DAYS 2018

2018 $900k 2017 $703k


SOUTH BAY MARKET OVERVIEW

% LIST PRICE RECEIVED

(Campbell, Cupertino, Gilroy, Los Altos, Los Gatos, Milpitas, Morgan HIll, Mountain View, Palo Alto, San Jose, Santa Clara, Saratoga, Sunnyvale)

SINGLE-FAMILY HOMES

7.8%

120% 115%

2018 112.4% 2017 104.6%

CONDOMINIUMS

110%

SINGLE-FAMILY HOMES

105%

11.7%

CONDOMINIUMS

100%

2017

2018

SOLD LISTINGS 1,000

CONDOMINIUMS

800 600 400

SINGLE-FAMILY HOMES

200

2017

2018

SINGLE-FAMILY HOMES

368

SANTA CLARA COUNTY

314

CONDOMINIUMS

821

14.7%

857 4.3%

LISTINGS

LISTINGS

LISTINGS

LISTINGS

2017

2018

2017

2018

2018 116.1% 2017 104.4%


BAY AREA LOCATIONS POTRERO HILL

251 Rhode Island Street, Suite #105 San Francisco, CA 94103

MISSION BAY

325 Berry Street, Suite #119 San Francisco, CA 94158

OAKL AND

1814 Franklin Street Oakland, CA 94612

SANTANA ROW 3031 Tisch Way San Jose, CA 95128

CAMPBELL

1901 South Bascom Avenue, Suite #110 Campbell, CA 95008

WALNUT CREEK 1711 Almond Ave Walnut Creek, CA 94596

AIRSTREAM On Location Bay Area, CA

415.431.8888 | info@climbrealestate.com | climbrealestate.com Square footage and other information was received from third party sources. Such information has not been, and will not be, verified by Climb Real Estate Group. Climb disclaims any and all representations or warranties as to the accuracy of this information. If your property is now listed for sale, this is not intended as a solicitation of the listing. An Equal Opportunity Company. Equal Housing Opportunity. CalBRE #01902137

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