The pandemic, shelter in place, working from home, soaring unemployment, migrations, rent plunges, increased restrictions on evictions, record-low mortgage rates seemingly every week, and a multitude of other factors made for an exceptionally tumultuous year for the multifamily market. Though activity did pick up in Q4.
January 31, 2021
The multifamily market has been a mixed bag since the start of the pandemic. With working remotely now the new normal, vacancy rates have surged, and rents re-main greatly diminished. Building inventory is up while sales numbers are down. In the 2-4 unit market, the median sale price, price per square foot, and price per unit all remain relatively comparable to last year. In the 5+ unit sector, there were only 20 sales last quarter.
October 21, 2020
With the effects of the global COVID-19 pandemic putting a strain on our daily lives, economy, and policies, multi-unit buildings, and San Francisco rents, in general, were hit exceptionally hard. Sales dropped significantly following the March shelter-in-place order and ensuing mass unemployment. Despite this, June did see an increase in inventory, sales, and median sale price.
October 14, 2020
The San Francisco multi-unit real estate market had a strong Q1 in 2020, with both transaction volumes and property values up.
April 1, 2020
Accurately priced properties are currently selling quickly, with more than 50% of listings being sold within the first 30 days of being on the market. Over half of buildings listed sold over asking with purchasers paying a combined average of 4.3% over list price.
January 27, 2020
Accurately priced properties are currently selling quickly. Roughly 55% of listings are being sold within the first 60 days of being on the market, with an approximate sale-to-list ratio of 100%.
January 1, 2020
Accurately priced properties are selling quickly, with more than 50% of listings being sold within the first 30 days of being on the market.
August 9, 2019
The San Francisco 5+ multi-unit market had a strong finish to the first half of 2019. The median sale price for 5+ Unit buildings came in at just under $3.6 million in Q2, representing a 3.6% increase from Q2 2018.
August 8, 2019
Economic, political and even environmental volatility were powerful factors in 2018, and promise to continue in 2019
January 9, 2019
Looking Back on 2018: Generally speaking, last year was a strong one in Bay Area real estate, but varied between a hotter first half and a somewhat cooler second.
Looking Back on 2018: Come summer/early autumn, real estate and financial markets began to shift distinctly cooler.
January 8, 2019
The San Francisco Bay Area Apartment Building Market
October 20, 2018
Market Conditions, Trends & Home Prices in San Francisco Mid-Year 2018 Report
July 30, 2018
The Multi-Unit Residential Investment Property Markets of San Francisco, Alameda & Marin Counties
April 1, 2018
The Multi-Unit Residential Property Markets of San Francisco, Alameda & Marin Counties
January 1, 2018
