San Francisco’s April Market Report
As we know real estate is extremely seasonal and spring is generally its time to shine. The market has seen some shifts.
Here are some highlights:
interest rates have been climbing as well amid the shock of these developments, and tariffs and new immigration policies will almost certainly increase home construction costs. However, the current administration maintains that any short-term pain will be far outweighed by positive, long-term economic benefits.
The financial markets saw a deep plunge since February
The tariff shock has hit the market and interest rates have slightly gone up. However we are told that this is only temporary. Interest rates also vary on the specific borrower
As for housing prices, as a general they are down 2% year over year however each house is extremely different. It is hard to generalize.
The number of listings for sale continued to rise, and on 4/1/25 was up 7% year over year. Of these listings, 27.5% were houses, and 72.5% were
condos, co-ops, TICs & townhouses.
Disclaimer:Many aspects of value cannot be adequately reflected in median and average statistics: curb appeal, age, condition, amenities, views, lot size, quality of outdoor space, "bonus" rooms, additional parking, quality of location within the neighborhood, and so on. How any of these statistics apply to any particular home is unknown without a specific comparative market analysis.