How the Coronavirus will affect Bay Area Housing Market

[manch]

As I wrote in this thread, SFH sales in SF actually shot up 30% in Q3. Median price increased 5%. Condos are soft though as expected.

San Francisco: 7 Months After the Pandemic Hit

Some data on how the pandemic is affecting SF real estate. Couple charts: [image] Median house price went up 5% YoY. Number of sales shot up 30%. $ per ft is the same as last year, but people are buying bigger homes: [image] Median price change YoY actually picked up this year: [image] There is a bifurcation between SFH and condo markets though, just what people have been expecting.