February 2024 - Greater Bay Area - Market Update

February 2024 - Greater Bay Area - Market Update

Happy February

Lots to celebrate this month as we honor the important people and events in the African diaspora and enjoy the Lunar New Year not to mention Valentine’s Day and President’s Day!!

After the Lunar New Year festivities have come to an end is a great time to list your property. Buyers are no longer distracted by the holidays, the weather improves, and people are looking forward to receiving their tax returns. We have even more to celebrate as interest rates recede from their highs with more good news on the way.

We are committed to providing valuable information and resources to you.
Have questions? Let us know how we can be of help.

- Tia Hunnicutt, LIC #01840070

        

How ‘Stop Hate in Real Estate’ can empower agents and clients

Colorfully painted raised fist beside a house graphic marked “Sold” and “Agent Appreciation Month.”

LGBTQ+ Real Estate Alliance Past-President Erin Morrison shares a new initiative to help real estate professionals come together and speak out against bias, discrimination, and hate from a vocal minority.

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The Black Designers Who Were Largely Overlooked by History

Two suited men meet across a desk in a vintage office.

An important new book highlights the stories of Black pioneers from the past century whose major contributions have been widely dismissed or forgotten.

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How love and politics are impacting homebuyers’ decisions

Hands hold a smartphone displaying profile photos and pin an “I VOTED” sticker to a denim jacket.

Although affordability is still the No. 1 factor in most homebuyers' moves, two surveys from Zillow and Redfin revealed politics and romance also play a role.

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21 Black Women Changing the Architecture and Design Space

Find out how they’re repaving the landscape for future generations to follow

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San Francisco Market Data


Bay Area market update: $1,150,000 median sale price, 101% list-to-sold ratio, 277 sold listings, and 96 new listings.
Listing Volume for San Francisco

Bar chart comparing new and sold listings from December through February; new listings peak in January.

Oakland Market Data

February 2024 Bay Area market statistics: $755,000 median sale price, 108% list-to-sold ratio, 175 sold listings, 439 new listings.

Listing Volume for Oakland

Bar chart comparing new and sold listings in December, January, and February.

Livermore Market Data

Bay Area market update with median sale price, list-to-sold ratio, sold listings, and new listings.

Listing Volume for Livermore

Bay Area listings chart: new listings surge in February, alongside a rise in sold listings.

San Jose Market Data

Housing market metrics: $1,291,944 median sale price, 106% list-to-sold ratio, 474 sold listings, and 376 new listings.

Listing Volume for San Jose

Bar chart comparing new and sold listings in December, January, and February.

Sacramento Market Data

Housing market update: $380,000 median sale price, 103% list-to-sold price, 13 sold listings, and 29 new listings.

Listing Volume for Sacramento

Bar chart comparing new and sold listings in December, January, and February.

Tia Hunnicutt, broker, wearing glasses and a black-and-white patterned top.

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