2019 Q1 Market Analysis: One Mission Bay
Inventory in San Francisco has increased for six straight months, year over year, after following 36 straight months of negative inventory. Combined with interest rates hitting a one year low last week, a window for buyers has opened that they have not seen in years and they have already started hitting open houses. Industry professionals have not seen this type of activity this early since 2015. Buyers want to identify a property before the next interest rate hike occurs.
Recent Sales (previous 6 months):