San Francisco Housing Market Update For November 2023

 Published On Dec 20, 2023

Let's dive into the November 2023 market update 📊

In the single-family homes arena, we're witnessing a 36% drop in new listings, signaling a tight market.

However, the median sales prices have seen a respectable 2.3% uptick. 📈 On the condo and townhome front, we're observing a 13.1% surge in pending sales, showcasing resilience.

Behind the scenes, interest rates are sliding down, and competitive offer scenarios are becoming more prevalent. The landscape is evolving, and I'm here to guide you through it.

Subscribe for comprehensive updates, hit that like button, and share your insights below 👇 If you're considering real estate moves in the SF Bay Area, let's connect 👋

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RISE Homes is a leading San Francisco Bay Area real estate team. We specialize in residential real estate sales in all six of the SF Bay Area counties; San Francisco, San Mateo, Santa Clara, Alameda, Contra Costa, and Marin. We have agents and operations staff who specialize and are very familiar (most of us are SF Bay Area natives) with their respective geographic territory. Our primary focus is on helping our clients navigate the highly competitive San Francisco real estate market, and in the process, conducting ourselves with integrity and transparency while always focusing on continuous improvement.

Joe Polyak is the Founder of RISE Homes. Joe was born and raised in San Francisco, and currently lives in San Mateo, CA with his wife Valerie, daughter Autumn, their two dogs, Bonnie the pitbull-mutt and Daisy the pug, and their turtle, Donatello. Joe has been in real estate since 2010, and is a top 1% agent in the San Francisco Bay Area, with over $80,000,000 per year in sales volume. Joe built his business by specializing in probate/trust sales and working with and educating first time home buyers.

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