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March

March

 

 
March 2025
March Market Update
 
 
March Market Update: Momentum, Madness, and Market Strength
 
As we step into March, the real estate market is gaining momentum—much like the excitement building around March Madness! This month also brings a mix of celebrations, from St. Patrick’s Day to the beginning of spring, and the market is reflecting that sense of renewal.
 
We’re seeing lower mortgage rates thanks to declining bond yields, which has sparked increased activity among both buyers and sellers. In the Bay Area, the latest data shows that both median sold prices and list-to-sold price ratios are on the rise—a sign of growing confidence and competition in the market.
 
March Market Highlights:
 
Lower Mortgage Rates: Bond yields have come down, leading to a drop in mortgage rates. This has improved affordability for buyers and created more favorable selling conditions.
 
Bay Area Strength: The median sold price and list-to-sold price ratio have both increased, signaling strong demand and competitive offers. This suggests that well-priced, move-in-ready homes are attracting motivated buyers.
 
Spring Market Kickoff: As the weather warms up, we’re entering one of the busiest real estate seasons of the year. Early spring listings often benefit from reduced competition before the market heats up even more in April and May.
 
Tips for Navigating the March Market:
 
For Buyers:
 
Take advantage of the dip in mortgage rates to increase your purchasing power. With prices rising, locking in a favorable rate now will save you thousands over the life of your loan. If competition is strong, consider properties with income potential—such as multifamily homes or units with rental options—to help offset mortgage costs.
 
For Sellers:
 
Now is the time to list! Rising prices and strong list-to-sold ratios mean buyers are willing to pay for well-presented, competitively priced homes. Focus on curb appeal and staging to capture attention early in the spring market.
 
A Season of Opportunity and Excitement:
 
March isn’t just about basketball brackets and wearing green—it’s about positioning yourself for success in real estate. The combination of lower rates, rising prices, and increasing competition creates an ideal environment for both buyers and sellers.
 
As we celebrate the changing season and the excitement of March Madness, let’s work together to make this your winning season in real estate. Whether you’re looking to buy, sell, or explore your options, I’m here to guide you every step of the way.
 
Wishing you a lucky and successful March!
 
- Tia Hunnicutt, LIC #01840070
BAY AREA MARKET DATA
San Francisco
Median Sold Price
$1,300,000
$1,200,000 last month
San Francisco
List vs Sold Price
107.00%
102.00% last month
San Francisco
Sold Listings
293
226 last month
San Francisco
New Listings
428
451 last month
San Francisco
 
Listing Volume for San Francisco
Oakland
Median Sold Price
$743,000
$690,000 last month
Oakland
List vs Sold Price
108.00%
102.00% last month
Oakland
Sold Listings
188
217 last month
Oakland
New Listings
319
292 last month
Oakland
 
Listing Volume for Oakland
Livermore
Median Sold Price
$1,230,000
$1,105,000 last month
Livermore
List vs Sold Price
104.00%
101.00% last month
Livermore
Sold Listings
71
61 last month
Livermore
New Listings
96
97 last month
Livermore
 
Listing Volume for Livermore
San Jose
Median Sold Price
$1,383,000
$1,399,000 last month
San Jose
List vs Sold Price
107.00%
105.00% last month
San Jose
Sold Listings
227
198 last month
San Jose
New Listings
315
305 last month
San Jose
 
Listing Volume for San Jose
Sacramento
Median Sold Price
$482,450
$460,000 last month
Sacramento
List vs Sold Price
100.00%
unchanged from last month
Sacramento
Sold Listings
231
243 last month
Sacramento
New Listings
319
346 last month
Sacramento
 
Listing Volume for Sacramento
Six tips for preparing your home for a spring sale
Spring is in the air – and it's not too late for owners to put their property on the market in the next few weeks to capitalize on buyers' renewed enthusiasm and optimism at this time of year.
How Much Does It Cost to Build a House?
From factors that influence price to ways to save money, learn everything you need to know about the home building process
I “Shopped” My Local Library for My Spring Garden (It’s Free!)
 
Officially the easiest way to become a green thumb.
OUR FEATURED LISTINGS
Oakland

5729 BUENA VISTA AVE

OAKLAND

1  bedroom Separator 2  bathrooms Separator 900  sqft

$1,010,000

This stunning 1+bed, 2 bath cottage in one of Oakland's most desirable neighborhoods is a serene retreat nestled in the beauty of the hills. Newly constructed in 2002, this architectural gem features exposed beam ceilings, abundant natural light, radiant, heated tile floors throughout, off-street parking, and an additional room and bathroom below with a separate entrance. Perfect for relaxation and for entertaining, the entryway features French doors which open into a private, sun-filled courtyard. Once inside, soak in the extraordinary design elements of this contemporary masterpiece. The gourmet kitchen features a clever use of space in order to offer plenty of cabinet space for even the most discerning chefs. A true oasis, the upstairs bathroom features marble tile throughout, updated fixtures, and radiant tile floors. The primary bedroom is endowed with impeccable natural wood design elements and lovely verdant views of downtown Oakland/San Francisco Bay. Find yourself in nature as directly outside of the bedroom a lovely yard reveals itself. Enjoy access to excellent public/private schools, and proximity to Claremont Country Club, Temescal Regional Recreation Area, and numerous other local and regional parks. Savor the Rockridge, Piedmont, and Elmwood nightlife/shopping.
Request A Private Showing
Vallejo

790 BRITANNIA

VALLEJO

3  bedrooms Separator 2  bathrooms Separator 1,545  sqft

$750,000

790 Britannia Dr, Vallejo 94591 Picture-Perfect Modern Farmhouse with Award-Winning Gardens! Don’t miss this Former Vallejo Garden Tour & Festival Home. Nestled on a spacious corner lot, this stunning modern farmhouse offers 1,545 sq. ft. of thoughtfully designed living space with 3 bedrooms and 2 bathrooms. Sitting on a generous 10,512 sq. ft. (0.25-acre) lot, this property provides endless possibilities. This home is a showpiece for nature lovers, with meticulously maintained gardens that have been featured in prominent gardening magazines. The property boasts extensive brickwork, including a rare custom-built brick smoker, perfect for outdoor entertaining. The upper yards are beautifully terraced with engineered retaining walls, creating a breathtaking landscape. Enjoy panoramic views from the backyard’s upper levels, including Benicia Bay, Mt. Tamalpais, and even fireworks displays! A gazebo and newer fencing add privacy and charm to this tranquil retreat. Inside, the home blends contemporary amenities with rustic charm, offering an open floor plan for seamless movement between spaces. Whether hosting guests or enjoying quiet evenings, the layout is both functional and inviting. Prime Location – Located in a sought-after Vallejo neighborhood.
Request A Private Showing
RENTAL OPPORTUNITIES
10100 Walnut Street
 
Rent: $2500 / Month
Deposit: $2000
Lease Terms : One Year
Community-style neighborhood, gated, with one dedicated parking spot. Washer and dryer in each unit. Professionally managed for all tenant's needs. Renters insurance is required. The owner pays for water and garbage.
 
2 Bedrooms • 1 Bath • 777 sq ft.
10100 Walnut Unit 3
 
Rent: $4000 / Month
Deposit: $3500
Lease Terms : One Year
Community-style neighborhood, gated, with one dedicated parking spot. Washer and dryer in each unit. Professionally managed for all tenant's needs. Renters insurance is required. The owner pays for water and garbage.
 
4 Bedrooms • 1 Bath • 1050 sq ft
Bakery/Manufacturing/Kitchen Space
7972 Capwell Drive Oakland, CA
 
$6500 / 3600ft2
 
COMMERCIAL SPACE FOR LEASE - (Oakland East) Coliseum, Oakland CA
Rent period: Monthly
Fractional Ownership Opportunity
Regent
  • $1,548,000
  • $236,000 • 1/4 owner
  • ROI 40% • 3y
  • Berkeley, CAMulti-family
  • 4 Beds | 2 Baths
Strawberry
  • $18,000,000
  • $2,250,000 • 1/8
  • Mill Valley, CA
  • 5 Beds | 5 Baths | 5,775 sqft
PENDING
SOLD
Tia Hunnicutt
Broker
 
Lic# 01840070
All information deemed reliable but not guaranteed. If your property is listed with a real estate broker, this is not a solicitation of brokerage services. Tia Hunnicutt, License 01840070, Proxima Realty.
 
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