SLOW Q1 in San Francisco Housing Market! | Market Update Q1 Review | San Francisco Real Estate

Quarter one of the 2023 real estate market in The City was not what we expected. Obviously I was not expecting it to be anything like last years Q1 but I didn't think the numbers would be this low!

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If you are looking to buy or sell in San Francisco and/or have questions about the current real estate market in your area do not hesitate to reach out I'd be more than happy to connect with you to discuss further.

Chapters

00:00 - Intro
00:38 - Home Values & Price Per SQ FT
01:27 - New Listings/Coming Soon & Inventory
02:03 - Absorption Rate & Price Reductions
02:30 - Overbidding & List Price vs Sales Price
02:44 - Days On Market
02:52 - Rates & Inflation
03:24 - What the Data Means For Buyers
04:20 - What the Data Means For Sellers
04:56 - My Thoughts
05:16 - Outro

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📆 Schedule a time for a free consultation at https://calendly.com/kevinswanigan/30min

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Regular market updates, exclusive listings, and buyer/seller tips are posted on these more frequently

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About Me:

Originally born and raised in Sacramento, I had the privilege of attending CCSF where I immediately fell in love with The City! From there I went to Oregon State University where I played D1 football for the PAC 10 and received my bachelor's degree. I returned home where I became a store manager of one of the top retailers in the country. I always knew I would be helping people in some fashion. I soon combined my passion for real estate with the drive and work ethic I learned in college/sports to help people achieve their real estate goals and dreams. I specialize in educating my clients on the process of selling and buying homes. I set myself apart with innovative strategies and a relentless effort daily to ensure we reach your end goal. I've been fortunate to have helped hundreds of families. For the last four years I've been in the top 5% of producers and in 2022 I was named one Luxe SF's Rising Stars.

I look forward to helping you build wealth and accomplish your real estate goals!

📲 415.493.8374
📩 [email protected]
🌎 https://kevinswanigan.com
COMPASS DRE #02033176