Seasonality in the San Francisco Homes Market
August 2014 Report by Paragon Real Estate Group
Seasonality typically affects inventory levels, buyer demand and median home prices, often in significant ways – as is illustrated in the following charts. However, it is not the only factor affecting market conditions and trends – general economic conditions, new construction projects coming on market, sudden changes in interest rates, stock market IPOs, natural and political events, and other factors can and do impact the market as well. It should also be noted that new listings and new sales occur every month of the year – and sometimes, depending on prevailing market conditions and the specific property, buying or selling during the slower periods can be the smart strategy. ...