Tag: Q2 2016
While there were some headline-worthy patterns in terms of sales prices and volume this quarter, the common thread that ran through nearly all Bay Area counties was one of stability.
The Mid-Peninsula’s strong performance led the way with 38 percent of cash share ($1.148 billion) and 35 percent of all Bay Area luxury sales.
In the midst of the city’s frantic demand and price escalations during 2015’s peak months, San Francisco witnessed a more balanced and stable market this quarter.
Activity in the condominium sector was very similar to that within the rest of the city’s housing market.
A spillover effect from San Francisco’s relatively tranquil Q2 activity helped aid affluent neighboring counties like the Mid-Peninsula.