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MarketTracker Silicon Valley - January 2025 from CharlieBrownSF
Silicon Valley Real Estate Market Update – January 2025
The Silicon Valley housing market remains dynamic as 2025 begins, with elevated mortgage rates influencing both buyers and sellers. While home prices stayed relatively stable in late 2024, they are expected to rise in the coming months due to increased demand and limited inventory.
Key takeaways:
Mortgage rates remain high – The 30-year fixed-rate mortgage is hovering around 6.91%, and economists predict rates will stay between 6-7% throughout 2025.
Home prices trending upward – Single-family home prices increased 5% in San Mateo, 7% in Santa Clara, and 20% in Santa Cruz year-over-year.
Inventory remains tight – December saw a record-low number of listings, keeping competition high for well-priced homes.
Buyers adjusting to higher rates – Despite economic uncertainty, home sales increased by 6.1% year-over-year as buyers and sellers accepted that interest rates won’t drop significantly in the near term.
Navigating today’s market requires expert insight. Whether you're looking to buy, sell, or invest in Silicon Valley real estate, CharlieBrownSF is here to help. Contact us today for a personalized market analysis.
MarketTracker North Bay - January 2025 from CharlieBrownSF
Bay Area Real Estate Market Update – January 2025
The Bay Area housing market is experiencing key shifts as we enter 2025. Here’s what buyers and sellers need to know:
Home Prices: Single-family home prices remained near record highs, except in Marin, where they peaked in 2022. A slight dip in January is expected before a spring rebound.
Mortgage Rates: The Fed’s 2024 rate cuts haven’t significantly lowered mortgage rates, with the 30-year fixed averaging 6.91% as of January 2, 2025.
Sales & Inventory: Home sales increased 6.1% year-over-year, but inventory levels remain low. The North Bay market favors sellers, with Marin, Solano, and Sonoma showing a strong seller’s market.
Market Outlook: Buyers and sellers are adjusting to elevated mortgage rates, and waiting for rate drops may not be worth the delay. Expect increased activity in spring and summer 2025.
Navigating the Bay Area real estate market? Contact Charlie Brown for expert insights and guidance.
MarketTracker East Bay - January 2025 from CharlieBrownSF
January 2025 East Bay Real Estate Market Update
The East Bay real estate market remained resilient in Q4 2024, with home prices showing unexpected stability despite rising mortgage rates. In January 2025, single-family home prices in Contra Costa climbed 9% year over year, while Alameda condos saw a 12% increase. Sales rose 4.8% month over month, the fastest pace since March, even as mortgage rates hovered near 7%.
Inventory remains tight, with a 32.5% drop in new listings last month, keeping the market in strong seller territory. Buyers are adjusting to higher rates, driving competition in well-priced homes. With the Federal Reserve expected to make only slight rate cuts this year, now may be the right time to act.
Thinking of buying or selling in the East Bay? Contact Charlie Brown at CharlieBrownSF.com for expert advice.
MarketTracker SoCal - January 2025 from CharlieBrownSF
January 2025 Southern California Real Estate Market Update
The latest data shows Southern California’s housing market navigating high mortgage rates and shifting inventory trends. While home prices remained stable in late 2024, experts predict new highs in 2025. The Federal Reserve’s recent rate cuts have yet to significantly lower mortgage rates, which now hover around 6.91%—the highest in six months.
Key takeaways from this month’s market analysis:
Mortgage Rates & Buyer Sentiment: Despite a 1% Fed rate cut since September 2024, mortgage rates remain high due to economic uncertainty. Buyers are adjusting, realizing waiting for rate drops may not be worth it.
Home Sales & Inventory: Sales rose 4.8% month-over-month, the fastest pace since March, while inventory remains near a four-year high, creating more opportunities for buyers.
Regional Market Insights: Los Angeles and Riverside counties currently favor buyers, while Orange and San Diego counties maintain more balanced conditions. Home prices dipped slightly in December, following historical seasonal trends.
Economic uncertainty and upcoming policy changes may further influence market conditions in 2025. Stay informed with expert insights from CharlieBrownSF.
👉 Looking to buy or sell in SoCal? Contact Charlie at (415) 722-3493 or explore listings at www.charliebrownsf.com.
MarketTracker Bay Area - January 2025 from CharlieBrownSF
San Francisco Real Estate Market Update – January 2025
The Bay Area real estate market saw modest price declines in Q4 2024, but home values are poised for growth in 2025. With mortgage rates remaining high—averaging 6.91% as of January—buyers and sellers are adjusting to a new normal. Despite elevated borrowing costs, home sales surged 6.1% year-over-year, driven by increased inventory and growing buyer confidence.
Key takeaways from the latest MarketTracker Report:
Mortgage Rates & Policy: The Federal Reserve cut interest rates by 1% in late 2024, but mortgage rates remain between 6-7% due to economic uncertainty.
Market Trends: While inventory tightened in Q4, demand remained strong, keeping home prices relatively stable.
Bay Area Outlook: January prices may see minor declines before rebounding in spring and summer, continuing a historically seasonal pattern.
With inventory expected to shift, now is a critical time to explore your options. Whether you're buying or selling, understanding these trends will help you make informed decisions.
📞 Thinking about buying or selling in San Francisco? Contact Charlie Brown today for expert guidance.
MarketTracker San Francisco - January 2025 from CharlieBrownSF
San Francisco's real estate market is shifting, with home prices stabilizing and inventory reaching record lows. Sales have surged as buyers adapt to higher mortgage rates, and 2025 is expected to bring new highs in pricing. Whether you're buying or selling, staying informed is key. Explore the latest recently sold homes and upcoming listings in San Francisco with expert insights from CharlieBrownSF.