The San Francisco real estate market ticked up 17.7% this December – showing a steady gain in home values throughout 2014. The overall annual appreciation from 2013 to 2014 for San Francisco comes in at $17.1% across all property types.
If you’re like me you may be wondering, “Where are home prices in relation to the low in 2011?” The answer is astonishing…The median sale price is now 52% higher than 2011! How does San Francisco maintain such strong growth year over year? The answer doesn’t seem to change… low supply of available homes, high demand from Buyers, and historically low interest rates.
Follow the link below to read the full report.
SFAR Market Focus – December 2014