Brandon Tran, Esq.

San Francisco Market Update November 2019. Quick Summary? Prices have remained pretty steady, with the average single family home in San Francisco averaging $1.6M, where as the average Condo is close to $1.3M (numbers vary based on location, size, etc) ... Generally speaking, demand is stronger and supply is lower (as compared to demand) for houses over condos. For both houses and condos, market dynamics are somewhat softer in the higher price segments, especially above the $3 million price threshold for condos, and in the $5 million+ price segment for houses. People Moving in & out of CA in 2018 According to new census estimates, approx. 501,000 people from other states moved to CA in 2018, while 691,000 Californians relocated to other states a net loss of 190,000. In addition, an estimated 284,000 foreign nationals moved into CA from outside the country. (Foreign out-migration numbers are not available.) The top states for out-migration are Texas, Arizona, Washington, Nevada & Oregon, states with high-tech centers of their own and/or no state income taxes, and/or significantly lower housing costs - thus attracting working residents, local businesses, and retirees. Updated Bay Area figures are not yet available, though migration trends here have generally paralleled state trends in recent years. https://www.bayareamarketreports.com//san-francisco-home-p

Join the Han Tran group for their debut episode of the American Dream TV! This week, the Han Tran group is showcasing the most epic condo you could imagine, PERFECT for entertaining with close proximity to all things Mission Bay. WATCH the clip below for more! #theamericandream

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The market is still hot! Check out our July 2019 Market report for San Francisco and feel free to drop any comments or questions below!

High stock markets, low interest rates, surging luxury home sales, limited inventory, a spring full of unicorn IPOs, and San Francisco - once again -hits new highs in median home sales prices. Check out the July 2019 Market report: https://www.bayareamarketreports.com//san-francisco-home-p