September 2021 Report | San Francisco Market Report | Sales, Prices, Trends
The Somsel Team
September 15, 2021
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Economists generally believe there should be a rational equilibrium in the cost of housing of different housing types. But after the pandemic hit, supply and demand shifted dramatically: SF median house prices are now up 13%, condo prices are flat, and rents down 17%. However, in 2021 all 3 have been rebounding in close to parallel trend lines.
In helping a client to find their dream home, sell their special residence or make a strategic investment, The Somsel Team clearly distinguishes themselves by creating an exceptional and elevated real estate experience!