Recent home price drop across SF and East Bay
Just recently, we are seeing more price reductions and homes aren’t selling quite as quickly or for as much money as they did a few months before. https://elisauribe.goldengatesir.com/eng/market-report
According to an article from SF Curb:
"A few days after sources like the data firm Core Logic and the California Association of Realtors reported that home sales dropped across all nine Bay Area counties year over year for nearly half of 2018, new data from the listing aggregate site Realtor suggests that the actual price of a home is on a downward trajectory as well. Released Thursday morning, figures from 500 U.S. cities include stats for San Francisco showing that the price of an SF home—both houses and condos—dropped 4.31 percent since the previous month and 3.72 percent year over year, for a median price of just over $855,000."
This could be good news, but it would still be best to make sure to work with a team who can assist you throughout the home buying process. Make sure that you are 100% comfortable and ready to purchase.
Please contact me for current market data on the city you want to live in.
Phone: (510) 919-5741 / Email: e.uribe@ggsir.com / searchalleastbayhomes.com
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