Stephanie Velasquez - May 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.

WhySomeHomesSell FasterThanOthers

As you think ahead to your own move, you may have noticed some houses sell within days, while others linger. But why is that? As Redfin says:

“. . . today’s housing market has been topsy-turvy since the pandemic. Low inventory (though rising) and high prices have created a strange mix: Some homes are flying off the market, while others sit for weeks.”

That may leave you wondering what you should expect when you sell. Let’s break it down and give you some actionable tips on how to make sure your house is one that sells quickly.

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 2,355 single-family homes for sale, providing 1.9 months of inventory. There were 1,198 new listings, and 671 homes sold at a median price of $1.3m. The median overbid percentage was at 107.2%, with an average of 23 days on the market.

There were 1,201 condo and townhome units for sale, providing 3 8 months of inventory There were 433 new listings and 218 units sold at a median sale price of $728k. The median overbid percentage was at 100.3%, with an average of 32 days on the market.

e-Family Homes

198 ings

671 Sold Listings

9 of Inventory

$1.3M Median Sale Price

7.2% Sale vs List

23 Avg Days on Market

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

433

New Listings

218 Sold Listings

3.8

Months of Inventory

100.3%

Median Sale vs List

$728K

Median Sale Price

32

Avg Days on Market

AlamedaCounty

APRIL 2024 - APRIL 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 April 2024, to $1 3m as of April 2025

Condos & Townhomes

The median sale price has decreased from $750k last April 2024, to $728k as of April 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last April 2024, to 23 days as of April 2025

Condos & Townhomes

The average time spent on the market went up from 24 days in April 2024, to 32 days as of April 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 109 8% last April 2024, to 107 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.3% last April 2024, to 100.3% a year later.

Contra Costa

What's in the Contra Costa data?

There were 1,534 single-family homes for sale, providing 2.5 months of inventory. There were 1,204 new listings, and 648 homes sold at a median price of $880k. The median overbid percentage was at 100 6%, with an average of 23 days on the market.

There were 593 condo and townhome units for sale, providing 3.5 months of inventory. There were 290 new listings and 132 units sold at a median sale price of $557k. The median overbid percentage was at 100%, with an average of 33 days on the market

Single-Family Homes

1,204 New Listings

648 Sold Listings

2.5 Months of Inventory

$880K Median Sale Price

100.6%

Median Sale vs List

23 Avg Days on Market

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

290

New Listings

132 Sold Listings

3.5

Months of Inventory

$557K

Median Sale Price 100%

Median Sale vs List

33 Avg Days on Market

ontraCosta

APRIL 2024 - APRIL 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 decreased from $925k last April 2024, to $880k as of April 2025

Condos & Townhomes

The median sale price has decreased from $612k last April 2024, to $557k as of April 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 21 days last April 2024, to 23 days as of April 2025

Condos & Townhomes

The average time spent on the market went up from 30 days in April 2024, to 33 days as of April 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102% last April 2024, to 100 6% a year later

Condos & Townhomes

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

Napa County

What's in the Napa County data?

There were 444 single-family homes for sale, providing 6.4 months of inventory. There were 109 new listings, and 64 homes sold at a median price of $947k. The median overbid percentage was at 100%, with an average of 54 days on the market

There were 65 condo and townhome units for sale, providing 6.8 months of inventory. There were 22 new listings and 13 units sold at a median sale price of $780k. The median overbid percentage was at 99.2%, with an average of 76 days on the market.

Single-Family Homes

109 New Listings

64 Sold Listings

6.4 Months of Inventory

$947K

Median Sale Price

100%

Median Sale vs List

54 Avg Days on Market

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

22

New Listings

13

Sold Listings

6.8

Months of Inventory

$780K

Median Sale Price 99.2%

Median Sale vs List 76 Avg Days on Market

NapaCounty

APRIL 2024 - APRIL 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 decreased from $960k last April 2024, to $947k as of April 2025

Condos & Townhomes

The median sale price has increased from $740k last April 2024, to $780k as of April 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 53 days last April 2024, to 54 days as of April 2025

Condos & Townhomes

The average time spent on the market went up from 33 days in April 2024, to 76 days as of April 2025.

Overbids

Single-Family Homes

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

Condos & Townhomes

The overbid percentage has decreased from 100% last April 2024, to 99.2% a year later.

San Francisco County

What's in the San Francisco County data?

There were 313 single-family homes for sale, providing 1.7 months of inventory. There were 302 new listings, and 223 homes sold at a median price of $1.7m. The median overbid percentage was at 111.7%, with an average of 24 days on the market.

There were 707 condo and townhome units for sale, providing 4 months of inventory. There were 346 new listings and 183 units sold at a median sale price of $1.2m. The median overbid percentage was at 100%, with an average of 49 days on the market.

Single-Family Homes

302 New Listings

223 Sold Listings

1.7 Months of Inventory

$1.7M Median Sale Price

111.7%

Median Sale vs List

24 Avg Days on Market

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

346

New Listings

183

Sold Listings

4

Months of Inventory

$1.2M

Median Sale Price 100%

Median Sale vs List

49 Avg Days on Market

SanFranciscoCounty

APRIL 2024 - APRIL 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 77m last April 2024, to $1 78m as of April 2025

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 24 days last April 2024, to 24 days as of April 2025

Condos & Townhomes

The average time spent on the market went down from 53 days in April 2024, to 49 days as of April 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 110 3% last April 2024, to 111 7% a year later

Condos & Townhomes

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

SanMateo County

What's in the San Mateo Cou data?

There were 525 single-family homes for sale, providing 1.7 months of inventory. There wer new listings, and 376 homes sold at a media price of $2.1m. The median overbid percenta was at 105 4%, with an average of 20 days on market.

There were 309 condo and townhome units f sale, providing 3.2 months of inventory. Ther were 212 new listings and 120 units sold at a median sale price of $977k. The median over percentage was at 100.1%, with an average o days on the market

524 New Listings

376 Sold Listings

1.7 Months of Inventory

$2.1M Median Sale Price

105.4%

Median Sale vs List

20 Avg Days on Market

Napa Valley 2025. Each office is independently owned and operated.

212

New Listings

120

Sold Listings

3.2

Months of Inventory

100.1%

Median Sale vs List

$977K

Median Sale Price

26

Avg Days on Market

SanMateoCounty

APRIL 2024 - APRIL 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 $2m last April 2024, to $2 1m as of April 2025

Condos & Townhomes

The median sale price has decreased from $990k last April 2024, to $977k as of April 2025

AVGDays OntheMarket

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market went up from 23 days in April 2024, to 26 days as of April 2025.

Overbids

Single-Family Homes

The overbid percentage has increased from 105 2% last April 2024, to 105 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 102% last April 2024, to 100.1% a year later.

SantaC County

What's in the Sant County data?

There were 1,121 single-fam providing 1.6 months of inve 1,240 new listings, and 822 h median price of $2.1m. The m percentage was at 104 7%, w days on the market.

There were 802 condo and to sale, providing 2.7 months of were 619 new listings and 32 median sale price of $1m. Th percentage was at 101.2%, w days on the market

1,240 New Listings

1.6 Months of Inventory

104.7%

Median Sale vs List

822 Sold Listings

$2.1M Median Sale Price

15 Avg Days on Market

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

New Listings

327

Sold Listings

2.7

Months of Inventory

$1M

Median Sale Price

101.2%

Median Sale vs List

20 Avg Days on Market

antaClaraCounty

APRIL 2024 - APRIL 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 9m last April 2024, to $2 1m as of April 2025

Condos & Townhomes

The median sale price has decreased from $1 07m last April 2024, to $1 04m as of April 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 13 days last April 2024, to 15 days as of April 2025

Condos & Townhomes

The average time spent on the market went up from 16 days in April 2024, to 20 days as of April 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 109 3% last April 2024, to 104 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 104% last April 2024, to 101.2% a year later.

Solano County

What's in the Sola data?

There were 700 single-family providing 2.3 months of inve new listings, and 287 homes price of $590k. The median o was at 100%, with an average market.

There were 91 condo and tow sale, providing 3.5 months of were 40 new listings and 19 sale price of $289k. The med percentage was at 100%, wit days on the market

355 New Listings

2.3 Months of Inventory

100% Median Sale vs List

287 Sold Listings

$590K Median Sale Price

45 Avg Days on Market

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

40 New Listings

3.5 Months of Inventory

Listings

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $594k last April 2024, to $590k as of April 2025

Condos & Townhomes

The median sale price has decreased from $392k last April 2024, to $289k as of April 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 43 days last April 2024, to 45 days as of April 2025

Condos & Townhomes

The average time spent on the market went up from 32 days in April 2024, to 56 days as of April 2025.

Overbids

Single-Family Homes

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

Condos & Townhomes

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

Sonoma County

What's in the Sonoma data?

There were 1,054 single-family homes for sale, providing 3.4 months of inventory. There were 395 new listings, and 322 homes sold at a median price of $854k. The median overbid percentage was at 100%, with an average of 47 days on the market.

There were 145 condo and townhome units for sale, providing 3.7 months of inventory. There were 54 new listings and 30 units sold at a median sale price of $531k. The median overbid percentage was at 100 2%, with an average of 40 days on the market.

Single-Family Homes

395 New Listings

322 Sold Listings

3.4 Months of Inventory

$854K

Median Sale Price

100%

Median Sale vs List

47 Avg Days on Market

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

54

New Listings

30 Sold Listings

3.7

Months of Inventory

$531K

Median Sale Price

100.2%

Median Sale vs List

40 Avg Days on Market

SonomaCounty

APRIL 2024 - APRIL 2025

LISTINGS FOR SALE

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 $850k last April 2024, to $854k as of April 2025

Condos & Townhomes

The median sale price has increased from $515k last April 2024, to $531k as of April 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 53 days last April 2024, to 47 days as of April 2025

Condos & Townhomes

The average time spent on the market went down from 52 days in April 2024, to 40 days as of April 2025.

Overbids

Single-Family Homes

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

Condos & Townhomes

The overbid percentage has increased from 100% last April 2024, to 100.2% a year later.

Southern/ Central Marin

What's in the Southern/Central Marin data?

There were 427 single-family homes for sale, providing 2.7 months of inventory. There were 202 new listings, and 192 homes sold at a median price of $1.8m. The median overbid percentage was at 101.5%, with an average of 28 days on the market.

There were 150 condo and townhome units for sale, providing 3.6 months of inventory. There were 38 new listings and 53 units sold at a median sale price of $720k. The median overbid percentage was at 100%, with an average of 40 days on the market.

Single-Family Homes

202 New Listings

192 Sold Listings

2.7 Months of Inventory

$1.8M Median Sale Price

101.5%

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 April 2024 to April 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 3.6 Months of Inventory

Sold Listings

Median Sale vs List

Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last April 2024, to $1 8m as of April 2025

Condos & Townhomes

The median sale price has increased from $701k last April 2024, to $720k as of April 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last April 2024, to 28 days as of April 2025

Condos & Townhomes

The average time spent on the market went down from 43 days in April 2024, to 40 days as of April 2025.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102 9% last April 2024, to 101 5% a year later

Condos & Townhomes

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

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