Stephanie Velasquez - April 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.

The#1ThingSellersNeedTo KnowAboutTheirAskingPrice

When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but they really don’t have to be. Here’s why.

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 2,037 single-family homes for sale, providing 1.5 months of inventory. There were 1,052 new listings, and 624 homes sold at a median price of $1.3m. The median overbid percentage was at 108.7%, with an average of 20 days on the market.

There were 1,074 condo and townhome units for sale, providing 3 1 months of inventory There were 459 new listings and 203 units sold at a median sale price of $765k. The median overbid percentage was at 100.6%, with an average of 34 days on the market.

mily Homes

2 ory

624 Sold Listings

$1.3M Median Sale Price

7% ist

20 Avg Days on Market

InfoSparks, includes all single-family homes, condos and California Area above from March 2024 to March 2025. This may and may vary from the time the data was gathered. All data is guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

Condo & Townhomes

459

New Listings

203

Sold Listings

3.1

Months of Inventory

100.6%

Median Sale vs List

$765K

Median Sale Price

34

Avg Days on Market

AlamedaCounty

MARCH 2024 - MARCH 2025

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Single-Family Homes

The median sale price has decreased from $1 4m last March 2024, to $1 3m as of March 2025

Condos & Townhomes

The median sale price has decreased from $778k last March 2024, to $765k as of March 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last March 2024, to 20 days as of March 2025

Condos & Townhomes

The average time spent on the market went up from 23 days in March 2024, to 34 days as of March 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 108 3% last March 2024, to 108 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.4% last March 2024, to 100.6% a year later.

Contra Costa

What's in the Contra Costa data?

There were 1,256 single-family homes for sale, providing 2 months of inventory. There were 990 new listings, and 570 homes sold at a median price of $909k. The median overbid percentage was at 101%, with an average of 26 days on the market.

There were 515 condo and townhome units for sale, providing 3 months of inventory. There were 319 new listings and 172 units sold at a median sale price of $659k. The median overbid percentage was at 100%, with an average of 32 days on the market

Single-Family Homes

990

New Listings

570 Sold Listings

2 Months of Inventory

$909K

Median Sale Price

101%

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 March 2024 to March 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.

MARCH 2024 - MARCH 2025

mes year-over-year.

omes , year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $890k last March 2024, to $909k as of March 2025

Condos & Townhomes

The median sale price has increased from $625k last March 2024, to $659k as of March 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 22 days last March 2024, to 26 days as of March 2025

Condos & Townhomes

The average time spent on the market remained the same from 32 days in March 2024, to 32 days as of March 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102% last March 2024, to 101% a year later

Condos & Townhomes

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

Napa County

What's in the Napa County data?

There were 354 single-family homes for sale, providing 5.1 months of inventory. There were 89 new listings, and 57 homes sold at a median price of $990k. The median overbid percentage was at 100%, with an average of 54 days on the market

There were 46 condo and townhome units for sale, providing 4.6 months of inventory. There were 12 new listings and 5 units sold at a median sale price of $625k. The median overbid percentage was at 100%, with an average of 62 days on the market.

89 New Listings

57 Sold Listings

5.1 Months of Inventory

$990K Median Sale Price

100% Median Sale vs List

54 Avg Days on Market

New Listings 4.6

Months of Inventory $625K

Median Sale Price

Median Sale vs List 62 Avg Days on Market 5 Sold Listings

NapaCounty

MARCH 2024 - MARCH 2025

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 $910k last March 2024, to $990k as of March 2025

Condos & Townhomes

The median sale price has decreased from $699k last March 2024, to $625k as of March 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 75 days last March 2024, to 54 days as of March 2025

Condos & Townhomes

The average time spent on the market went down from 68 days in March 2024, to 62 days as of March 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 8% last March 2024, to 100% a year later

Condos & Townhomes

The overbid percentage has increased from 97.6% last March 2024, to 100% a year later.

San Francisco County

What's in the San Francisco County data?

There were 271 single-family homes for sale, providing 1.5 months of inventory. There were 286 new listings, and 182 homes sold at a median price of $1.9m. The median overbid percentage was at 113.3%, with an average of 21 days on the market.

There were 634 condo and townhome units for sale, providing 3.6 months of inventory. There were 350 new listings and 195 units sold at a median sale price of $1m. The median overbid percentage was at 100%, with an average of 45 days on the market.

286 New Listings

mily Homes

182 Sold Listings

1.5 Months of Inventory

$1.9M Median Sale Price

113.3%

Median Sale vs List

21 Avg Days on Market

InfoSparks, includes all single-family homes, condos and California Area above from March 2024 to March 2025. This may and may vary from the time the data was gathered. All data is guaranteed. DRE# 01995149. Copyright KW Advisors San Francisco | Napa Valley 2025. Each office is independently owned and operated.

350

New Listings

195

Sold Listings

3.6

Months of Inventory

$1M

Median Sale Price 100%

Median Sale vs List

45 Avg Days on Market

SanFranciscoCounty

MARCH 2024 - MARCH 2025

LISTINGS FOR SALE SOLD LISTINGS

gle-Family Homes

t 12 months, year-over-year.

ndos & Townhomes

t 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last March 2024, to $1 9m as of March 2025

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 27 days last March 2024, to 21 days as of March 2025

Condos & Townhomes

The average time spent on the market went down from 48 days in March 2024, to 45 days as of March 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 107 9% last March 2024, to 113 3% a year later

Condos & Townhomes

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

He-Family Homes

468 New Listings

276 Sold Listings

1.4 Months of Inventory

$2M

Median Sale Price

107.2%

Median Sale vs List

19 Avg Days on Market

sourced from InfoSparks, includes all single-family homes, condos and in the California Area above from March 2024 to March 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.

New Listings

Sold Listings

2.7

Months of Inventory $970K

Median Sale Price

Median Sale vs List 32 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2m last March 2024, to $2 08m as of March 2025

Condos & Townhomes

The median sale price has decreased from $1m last March 2024, to $970k as of March 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 20 days last March 2024, to 19 days as of March 2025

Condos & Townhomes

The average time spent on the market went down from 44 days in March 2024, to 32 days as of March 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 103 2% last March 2024, to 107 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 101% last March 2024, to 100% a year later.

SantaC County

What's in the Sant County data?

There were 892 single-family providing 1.3 months of inve 1,139 new listings, and 650 h median price of $2.1m. The m percentage was at 106 9%, w days on the market.

There were 689 condo and to sale, providing 2.3 months of were 626 new listings and 32 median sale price of $1.1m. percentage was at 101.7%, w days on the market

1,139 New Listings

1.3 Months of Inventory

106.9% Median Sale vs List

650 Sold Listings

$2.1M Median Sale Price

14 Avg Days on Market

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

Condo 626

New Listings

326

Sold Listings

2.3

Months of Inventory $1.1M

Median Sale Price 101.7%

Median Sale vs List 21 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last March 2024, to $2 1m as of March 2025

Condos & Townhomes

The median sale price has increased from $970k last March 2024, to $1 1m as of March 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 15 days last March 2024, to 14 days as of March 2025

Condos & Townhomes

The average time spent on the market went up from 20 days in March 2024, to 21 days as of March 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 107 1% last March 2024, to 106 9% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.9% last March 2024, to 101.7% a year later.

Solano County

What's in the Solano County

data?

There were 625 single-family homes for sale, providing 2.1 months of inventory. There were 356 new listings, and 251 homes sold at a median price of $579k. The median overbid percentage was at 100%, with an average of 50 days on the market.

There were 89 condo and townhome units for sale, providing 3.5 months of inventory. There were 37 new listings and 23 units sold at a median sale price of $430k. The median overbid percentage was at 100%, with an average of 43 days on the market

Single-Family Homes

356 New Listings

251 Sold Listings

2.1 Months of Inventory

$579K

Median Sale Price

100%

Median Sale vs List

50 Avg Days on Market

The data, sourced from InfoSparks, includes all single-family homes, condos and townhomes in the California Area above from March 2024 to March 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.

New Listings

3.5

Sold Listings

Months of Inventory $430K

Median Sale Price 100%

Median Sale vs List 43 Avg Days on Market 23

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $585k last March 2024, to $579k as of March 2025

Condos & Townhomes

The median sale price has increased from $335k last March 2024, to $430k as of March 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 47 days last March 2024, to 50 days as of March 2025

Condos & Townhomes

The average time spent on the market went up from 38 days in March 2024, to 43 days as of March 2025.

Overbids

Single-Family Homes

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

Condos & Townhomes

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

Sonoma County

What's in the Sonoma data?

There were 736 single-family homes for sale, providing 2.3 months of inventory. There were 269 new listings, and 241 homes sold at a median price of $868k. The median overbid percentage was at 100%, with an average of 55 days on the market.

There were 124 condo and townhome units for sale, providing 3.1 months of inventory. There were 39 new listings and 26 units sold at a median sale price of $463k. The median overbid percentage was at 99%, with an average of 51 days on the market.

269 New Listings

241 Sold Listings

2.3 Months of Inventory

$868K Median Sale Price

100%

Median Sale vs List

55 Avg Days on Market

New Listings 3.1

Months of Inventory $463K

Median Sale Price 99%

Median Sale vs List 51 Avg Days on Market 26 Sold Listings

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $868 9k last March 2024, to $868k as of March 2025

Condos & Townhomes

The median sale price has increased from $450k last March 2024, to $463k as of March 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 54 days last March 2024, to 55 days as of March 2025

Condos & Townhomes

The average time spent on the market remained the same from 51 days in March 2024, to 51 days as of March 2025.

Overbids

Single-Family Homes

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

Condos & Townhomes

The overbid percentage has decreased from 100% last March 2024, to 99% a year later.

Southe Centra Marin

What's in the Sout Marin data?

There were 270 single-family providing 1.8 months of inve new listings, and 147 homes price of $1.7m. The median was at 100.1%, with an avera market.

There were 114 condo and to sale, providing 2.7 months o were 35 new listings and 39 sale price of $855k. The med percentage was at 99%, with days on the market.

35 New Listings

1.8 Months of Inventory

100.1% Median Sale vs List

147 Sold Listings

$1.7M Median Sale Price

35 Avg Days on Market

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

New Listings

2.7

Sold Listings

Months of Inventory $855K

Median Sale Price 99%

Median Sale vs List 48 Avg Days on Market 39

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 9m last March 2024, to $1 7m as of March 2025

Condos & Townhomes

The median sale price has increased from $775k last March 2024, to $855k as of March 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 29 days last March 2024, to 35 days as of March 2025

Condos & Townhomes

The average time spent on the market went down from 49 days in March 2024, to 48 days as of March 2025.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 100 1% last March 2024, to 100 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last March 2024, to 99% a year later.

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