๐๐ญ๐จ๐ฉ ๐ฌ๐๐ซ๐จ๐ฅ๐ฅ๐ข๐ง๐ ๐ข๐ ๐ฒ๐จ๐ฎ ๐ฐ๐๐ง๐ญ ๐ญ๐จ ๐๐ฎ๐ฒ ๐ข๐ง ๐๐๐ง ๐ ๐ซ๐๐ง๐๐ข๐ฌ๐๐จ. ๐๐กPicture this. You find the home you love. You think you have time. You don't.Here is what the San Francisco housing market looks like right now.The median price for a single-family home is $1.855M. That is up 24% year over year.85% of single-family sales closed above list.There are 570 active listings.Homes are selling in 21 days on market.My take: A median is not a price tag for every home. It is a midpoint. Half of sales were above it. Half were below it. San Francisco has many neighborhoods and price points. One median cannot tell you what your home will cost. It can tell you the market is tight. When most sales close above list, buyers are competing. They act when they find the right fit. When listings are low, choice is low. Choices are few. You may need to decide quickly. A short time on market means homes are moving. It means you should be ready.If you are buying in San Francisco real estate right now, preparation is your edge. Start with your number. Know the payment you are comfortable with. Know the cash you need to close. Talk with your lender early. Get your pre-approval ready. Keep documents in one folder. Then get clear on your must-haves. List the non-negotiables. List the nice-to-haves. Be honest about what you can flex. A clear list saves time and stress. Tour with purpose. Take notes. Notice light, noise, storage, and parking. After each tour, write what you loved and what you did not. That record helps you compare homes later.Sellers, same clarity helps. Price with care. Prepare your home for photos and tours. Keep your schedule flexible. Respond quickly. If you are unsure whether to buy or sell now, check your timeline. Plan to stay for years? Budget comfortable? Love the home, not just the deal? Those answers matter more than any headline. Trust them. The right move fits your life. When it is time, you will feel steady, not rushed. Save this post. Share it with someone looking at Bay Area homes. If you want help, reach out. I am here to help you buy or sell with confidence in San Francisco and the Bay Area.That means fewer choices. More competition. And less time to decide.If you are looking at San Francisco real estate, use this like a checklist.โข Save this for when you're ready.Know your number before you fall in love with a home.โข Get ready early, so you can move with confidence.โข Share this with someone looking in the Bay Area.โข And when the right home comes along, you'll know. It will feel just right.Source: Prism October 9 San Francisco Market Report.Donna Chan | eXp Realty Luxury
DRE 01774693What's your biggest question about buying in San Francisco? Comment below and I'll answer it. Save this if it helped you.
