March 2025 Market Report San Francisco Bay Area

Page 1


San Francisco Bay area

Jump to Alameda Report Alameda

Contra Costa

Jump to Contra Costa Report

Jump to Napa Report Napa County

San Francisco County

Jump to San Francisco County Report

San Mateo

Jump to San Mateo Report

Santa Clara

Jump to Santa Clara Report

Solano County

Jump to Solano Report

Sonoma County

Jump to Sonoma Report

Jump to Marin Report Southern/Central Marin

What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

MoreBuyersAreMakingMoves IsItTimeToSell?

More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for.

For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn’t seem doable. But now, more of them are getting back out there. That’s because they’re getting used to the fact that this may be the new normal for the market – especially as forecasts show mortgage rates may be starting to stabilize.

Smart Strategies for a Mortgage Application

Avoid paying off debts or collections without professional advice.

Don't have your credit report pulled too many times - this can hurt your credit score. 3 4 5 6 1 2

Always consult your mortgage professional before making large financial moves. Use verified funds for deposits to prevent closing delays.

HomeRenovationsThatCanMakea BIG IMPACT AccordingtoExperts

In2024,thehomebuyingmarketfacessignificantchallenges highprices, steepinterestrates,andlimitedhousinginventory.Formany,renovatingtheir currenthomeisamoreattractiveoptionthanpurchasinganewone.Whilethe LIRAreportpredictsadeclineinrenovationspending,expertsemphasizethat small-scaleupdatesortargetedlargerprojectscanstilldelivermajorbenefits.

Beforedivingintoarenovation,it’sessentialtoplan carefullyandbudgetwisely.Workingwithreputable professionalsiskey,especiallythoseoffering financingoptionsandtransferablewarranties.Sharing yourbudgetwithcontractorsupfrontandinvolving designersearlyensuresthatyourrenovationruns smoothlyandachievesbothfinancialandfunctional success Adetailedplanwillkeeptheprojectontrack andhelpavoidcostlysurprises

ANENBERG-ESSERT FAMILYADUIN CAMPBELL ProjectSpotlight:

Enhancing Property Value and Family Living Space with an Acton ADU

The Anenberg-Essert family in Campbell collaborated with Acton ADU to create a versatile, comfortable, and valuable addition to their property. This ADU project is a shining example of how a well-designed accessory dwelling unit can increase property value and serve a family’s unique needs.

GoalsandVision

The family envisioned an ADU that would function as an independent living space for family members, enhance their property’s worth, and provide seamless integration with the main home They wanted a space that balanced privacy with connectivity, feeling like a natural extension of their residence

Design and Construction Details

Constructed at 747 square feet, this ADU was designed with modern, high-quality finishes to serve both aesthetic and practical needs. Key features include:

Vaulted Ceilings

Creates a spacious, open atmosphere

Senior-Friendly Living

Safe, independent space for elderly family members

Fully Equipped Kitchen

Modern amenities for everyday convenience

Open Living Area

Multipurpose area for relaxation and entertainment

Results and Impact

The completion of the Anenberg-Essert ADU led to several valuable outcomes:

Increased Property Value

The ADU addition significantly boosted property value

Flexible Living Space

A versatile space for family, guests, or as a rental

Modern Comforts

High-end finishes and amenities enhance both function and style.

Enhanced Family Living

The ADU enriches the AnenbergEssert family’s home with both privacy and connection

VENDOR DIRECTORY

When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.

Alameda

What's in the Alameda data?

There were 1,675 single-family homes for sale, providing 1.5 months of inventory. There were 893 new listings, and 456 homes sold at a median price of $1.3m. The median overbid percentage was at 107.4%, with an average of 18 days on the market.

There were 894 condo and townhome units for sale, providing 2 8 months of inventory There were 372 new listings and 147 units sold at a median sale price of $700k. The median overbid percentage was at 100.6%, with an average of 34 days on the market.

Single-Family Homes

893 New Listings

456 Sold Listings

1.5 Months of Inventory

$1.3M Median Sale Price

107.4%

Median Sale vs List

18 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

AlamedaCounty

FEBRUARY 2024 - FEBRUARY 2025

le-Family Homes

12 months, year-over-year.

dos & Townhomes

12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has remained the same from $1 3m last February 2024, to $1 3m as of February 2025

Condos & Townhomes

The median sale price has decreased from $743k last February 2024, to $700k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last February 2024, to 18 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 20 days in February 2024, to 34 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 106 4% last February 2024, to 107 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 101% last February 2024, to 100.6% a year later.

Contra Costa

What's in the Contra Costa data?

There were 1,093 single-family homes for sale, providing 1.7 months of inventory. There were 870 new listings, and 440 homes sold at a median price of $839k. The median overbid percentage was at 100 5%, with an average of 28 days on the market.

There were 426 condo and townhome units for sale, providing 2.4 months of inventory. There were 239 new listings and 112 units sold at a median sale price of $534k. The median overbid percentage was at 100%, with an average of 42 days on the market

Single-Family Homes

870 New Listings

440 Sold Listings

1.7 Months of Inventory

$839K Median Sale Price

100.5%

Median Sale vs List

28 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

239 New Listings

112 Sold Listings

2.4

Months of Inventory

$534K

Median Sale Price 100%

Median Sale vs List 42 Avg Days on Market

FEBRUARY 2024 - FEBRUARY 2025

Median SalesPrice

Single-Family Homes

The median sale price has increased from $839k last February 2024, to $839 5k as of February 2025

Condos & Townhomes

The median sale price has decreased from $555k last February 2024, to $534k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 28 days last February 2024, to 28 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 37 days in February 2024, to 42 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 7% last February 2024, to 100 5% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last February 2024, to 100% a year later.

Napa County

What's in the Napa data?

There were 292 single-family providing 4.1 months of inve new listings, and 48 homes s of $1m. The median overbid 98 1%, with an average of 10

There were 38 condo and tow sale, providing 3.8 months of were 12 new listings and 6 u sale price of $1.4m. The med percentage was at 103.2%, w days on the market.

81 New Listings

4.1 Months of Inventory

98.1%

Median Sale vs List

48 Sold Listings

$1M Median Sale Price

104 Avg Days on Market

homes, condos and February 2025. This may was gathered. All data is Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

Condo

& Townhomes

12

New Listings

6

Sold Listings

3.8

Months of Inventory

$1.4M

Median Sale Price

103.2%

Median Sale vs List

82 Avg Days on Market

apaCounty

FEBRUARY 2024 - FEBRUARY 2025

TINGS FOR SALE SOLD LISTINGS

Family Homes

months, year-over-year. & Townhomes

months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $875k last February 2024, to $1m as of February 2025

Condos & Townhomes

The median sale price has increased from $534k last February 2024, to $1 4m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 73 days last February 2024, to 104 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 49 days in February 2024, to 82 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99 1% last February 2024, to 98 1% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last February 2024, to 103.2% a year later.

San Francisco County

What's in the San Francisco County data?

There were 220 single-family homes for sale, providing 1.2 months of inventory. There were 207 new listings, and 131 homes sold at a median price of $1.6m. The median overbid percentage was at 110.3%, with an average of 26 days on the market.

There were 574 condo and townhome units for sale, providing 3.2 months of inventory. There were 314 new listings and 148 units sold at a median sale price of $1m. The median overbid percentage was at 100%, with an average of 55 days on the market.

Single-Family Homes

207 New Listings

131 Sold Listings

1.2 Months of Inventory

$1.6M Median Sale Price

110.3%

Median Sale vs List

26 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

314 New Listings

148 Sold Listings

3.2

Months of Inventory $1M Median Sale Price 100%

Median Sale vs List 55 Avg Days on Market

SanFranciscoCounty

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 5m last February 2024, to $1 6m as of February 2025

Condos & Townhomes

The median sale price has decreased from $1 2m last February 2024, to $1m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 35 days last February 2024, to 26 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 49 days in February 2024, to 55 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 2% last February 2024, to 110 3% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last February 2024, to 100% a year later.

SanMateo County

What's in the San Mateo County data?

There were 356 single-family homes for sale, providing 1.2 months of inventory. There were 373 new listings, and 195 homes sold at a median price of $2.1m. The median overbid percentage was at 104 3%, with an average of 22 days on the market.

There were 237 condo and townhome units for sale, providing 2.5 months of inventory. There were 171 new listings and 60 units sold at a median sale price of $989k. The median overbid percentage was at 99%, with an average of 40 days on the market

Single-Family Homes

373 New Listings

195 Sold Listings

1.2 Months of Inventory

$2.1M Median Sale Price

104.3%

Median Sale vs List

22 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from February 2024 to February 2025. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

171

New Listings

60

Sold Listings

2.5

Months of Inventory

$989K

Median Sale Price 99%

Median Sale vs List

40 Avg Days on Market

SanMateoCounty

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last February 2024, to $2 1m as of February 2025

Condos & Townhomes

The median sale price has increased from $910k last February 2024, to $989k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last February 2024, to 22 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 37 days in February 2024, to 40 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 102 4% last February 2024, to 104 3% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last February 2024, to 100.3% a year later.

Santa Coun

What's in the County data?

There were 686 single providing 1 month of new listings, and 439 price of $1.9m. The m was at 107 1%, with a market.

There were 532 condo sale, providing 1.7 mo were 520 new listings median sale price of $ percentage was at 10 days on the market

913

New Listings

439 Sold Listings

1 Month of Inventory

$1.9M Median Sale Price

107.1%

Median Sale vs List

s single-family homes, condos and 2024 to February 2025. This may the data was gathered. All data is 01995149. Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

16 Avg Days on Market

Condo & Townhomes

520

New Listings

233

Sold Listings

1.7

Months of Inventory

102.4%

Median Sale vs List

$1.1M

Median Sale Price

23

Avg Days on Market

antaClaraCounty

FEBRUARY 2024 - FEBRUARY 2025

TINGS FOR SALE SOLD LISTINGS

Family Homes

2 months, year-over-year.

s & Townhomes

2 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last February 2024, to $1 9m as of February 2025

Condos & Townhomes

The median sale price has increased from $920k last February 2024, to $1 1m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 21 days last February 2024, to 16 days as of February 2025

Condos & Townhomes

The average time spent on the market remained the same from 23 days in February 2024, to 23 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 105 9% last February 2024, to 107 1% a year later

Condos & Townhomes

The overbid percentage has increased from 102% last February 2024, to 102.4% a year later.

Solano County

What's in the Solano County data?

There were 582 single-family homes for sale providing 2 months of inventory. There were new listings, and 230 homes sold at a media price of $596k. The median overbid percenta was at 100%, with an average of 53 days on market.

There were 83 condo and townhome units fo sale, providing 3.2 months of inventory. Ther were 26 new listings and 22 units sold at a m sale price of $367k. The median overbid percentage was at 100%, with an average of days on the market

He-Family Homes

269 New Listings

230 Sold Listings

2 Months of Inventory

$596K

Median Sale Price

100%

Median Sale vs List

53

Avg Days on Market

sourced from InfoSparks, includes all single-family homes, condos and the California Area above from February 2024 to February 2025. This may minary data, and may vary from the time the data was gathered. All data is reliable but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

Condo & Town

26

New Listings 3.2

Months of Inventory

Median Sale vs List

Avg Days on Market 22 Sold Listings

FEBRUARY 2024 - FEBRUARY 2025

NGS FOR SALE SOLD LISTINGS

amily Homes months, year-over-year. & Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $580k last February 2024, to $596k as of February 2025

Condos & Townhomes

The median sale price has increased from $366k last February 2024, to $367k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 55 days last February 2024, to 53 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 51 days in February 2024, to 52 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 100% last February 2024, to 100% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last February 2024, to 100% a year later.

Son Cou

What's in

There were 65 providing 2.1 m new listings, a price of $847k was at 100%, w market. There were 10 sale, providing were 46 new li sale price of $ percentage wa days on the m

216 New Listings

208 Sold Listings

2.1 Months of Inventory

$847K Median Sale Price

100% Median Sale vs List

65 Avg Days on Market

and may data is San

Condo & Town

46

New Listings

2.6

Months of Inventory

Median Sale vs List 69 Avg Days on Market 29 Sold Listings

onomaCounty

FEBRUARY 2024 - FEBRUARY 2025

INGS FOR SALE SOLD LISTINGS

amily Homes months, year-over-year. & Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $825k last February 2024, to $847k as of February 2025

Condos & Townhomes

The median sale price has decreased from $490k last February 2024, to $470k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 59 days last February 2024, to 65 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 41 days in February 2024, to 69 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 9% last February 2024, to 100% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last February 2024, to 100% a year later.

HFamily Homes

88 New Listings

90 Sold Listings

1.4 Months of Inventory

$1.7M

Median Sale Price

100%

Median Sale vs List

48 Avg Days on Market

from InfoSparks, includes all single-family homes, condos and California Area above from February 2024 to February 2025. This may data, and may vary from the time the data was gathered. All data is but not guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

44

New Listings

25

Sold Listings

2.8

Months of Inventory

$840K

Median Sale Price 100%

Median Sale vs List

69 Avg Days on Market

S/CMarin

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last February 2024, to $1 7m as of February 2025

Condos & Townhomes

The median sale price has increased from $645k last February 2024, to $840k as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 53 days last February 2024, to 48 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 74 days in February 2024, to 69 days as of February 2025.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 100% last February 2024, to 100% a year later

Condos & Townhomes

The overbid percentage has remained the same from 100% last February 2024, to 100% a year later.

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