Sunsets of a Different Color

Our 365th sunset for 2015 approaches and oh what a year it has been. Just pulled down median home price data for the San Francisco Bay Area from CoreLogic. See November 2015 prices here.

The San Francisco Bay Area median home price continues to trend upward but it’s mostly a sideways upward if that’s possible. We are still below the all-time high of 2007 and employment trends don’t suggest we will be busting out a meaningful new high soon. While the core high-tech markets remain strong, the outlying counties are showing slippage which is right in line with weaker employment. The year-end is always a little tough to use as a barometer so, as I’ve said before, it will be an interesting first quarter in 2016.

Best Wishes for a Happy, Healthy, Prosperous and a SF Giants World Series Championship 2016! 🙂

About JN Real Estate Appraisal & Valuation Services

Professional real estate appraiser Amateur photographer
This entry was posted in SF Bay Area Housing Trends and tagged . Bookmark the permalink.

2 Responses to Sunsets of a Different Color

  1. The market in Bay Area is always interesting to watch – Giants more so!! Happy New Year

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s