May Market Recap: Momentum, Meaning & Moves Made
May brought a powerful combination of energy, reflection, and real estate momentum. As spring reached full bloom, the market responded in kind—with high buyer activity, quick sales, and competitive offers across the Bay Area.
We saw median sold prices remain strong and list-to-sold price ratios stay elevated, reflecting continued demand and seller confidence. Mortgage rates held steady, creating a window of opportunity for buyers who were ready to act.
May was also a month rich in meaning. From Mother’s Day and Memorial Day to AAPI Heritage Month and graduation celebrations, many used this time to reflect on their next chapter—and for many, that included buying, selling, or investing in a new home.
* Peak Season Activity: Real estate activity surged, with serious buyers out in full force and well-prepared listings often receiving multiple offers.
* Strong Bay Area Performance: Local data showed steady or rising median home prices and strong list-to-sold price ratios, signaling a healthy, competitive market.
* Stable Rates, Serious Buyers: Mortgage rates stayed within a relatively steady range, and savvy buyers adjusted expectations and acted instead of waiting for major drops that may never come.
What Buyers and Sellers Did Right:
Buyers who succeeded were ready. They came into the month pre-approved, flexible, and open to creative options—like income-generating properties, homes with ADUs, or slightly smaller footprints in great locations.
Sellers who saw results leaned into presentation. They highlighted outdoor space, natural light, and seasonal curb appeal—and priced strategically to match buyer demand.
Looking Back on a Month of Growth & Gratitude
May gave us more than just strong real estate activity—it offered a chance to celebrate family, culture, and community. It reminded us that home is at the heart of life’s biggest milestones.
If you made a move this month—congratulations! If you’re still planning your next step, now is a great time to build on May’s momentum. I’m here to help you navigate the road ahead with confidence and clarity.
Wishing you continued success and meaningful progress in the months to come!
- Tia Hunnicutt, LIC #01840070
