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Updated 10 months ago on . Most recent reply

User Stats

675
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David Song
  • Real Estate Broker
  • Redwood City, CA
884
Votes |
675
Posts

SF Bay Area housing market show strange rebound

David Song
  • Real Estate Broker
  • Redwood City, CA
Posted

The rebound came suddenly amid still very high interest rate environment. Sold price above list price over 200k is normal again.

I am considering putting a house in South San Francisco onto market recently. Bought in 2020 for 1.02 m. A few weeks ago, I was estimating around 1.5-1.6m. Now, it looks like 1.7-1.9 m. This house is under some renovation with an ADU addition, after 4 years of rental. Debating whether to keep it as a rental or just unload.

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