An elegant white clock featuring 'DANIELLE LAZIER REAL ESTATE LOGO' on a sleek black background.Vivre Real Estate logo

The Wild West Returns

June 9, 2021

DANIELLE LAZIER REAL ESTATE NEWSLETTER: JUNE 9, 2021

Hi friends,

It's the Wild West in SF real estate!

Buyer demand is back with a vengeance, and the Gold Rush for bargain-priced condos has all but ended.

More condos were sold in April and May than in any 2-month period in over 10 years. By last month, the 2020 motherlode of condo supply had dwindled to a third of its pandemic-driven peak.

While condos have seen a major shift, what's really wild is happening in the single-family market.

Since March, San Francisco single-family homes have sold in a median of just 10 days on the market. That's three consecutive months at the quickest rate of sale on record, since at least 2005.

(See my latest video update for thoughts on why this is happening.)

Single-family homebuyers may get some relief as more listings hit the market in the fall. For sellers, the summer could prove an attractive entry point to beat the crowd.

Like the Wild West, this market frenzy won't last forever. The pendulum will swing back to more familiar levels, just as it rocketed out of its pandemic slump.

In the meantime, it's more valuable than ever to have an agent on your side with deep industry connections and strong negotiation skills to get you the results you want.

As always, please don't hesitate to reach out with any real estate-related questions. We are very happy (and grateful!) to help you and anyone you send our way!

Warmly,

Danielle Lazier signature


SAN FRANCISCO REAL ESTATE UPDATE: NEWS, INSIGHTS AND LUXURY LISTINGS

Also featured in our newsletter:

The Guardian: San Francisco may be first major US city to hit herd immunity, experts say

The Washington Post: Amazon is about to share your Internet connection with neighbors. Here’s how to turn it off.

The Atlantic: The Psychological Benefits of Commuting to Work

Realtor.com: San Francisco Condos Rebound as Covid’s Effects on the Market Dwindle

And our June 2021 Market Update for San Francisco Real Estate

Want to stay up to date on San Francisco real estate?

Sign up for the Danielle Lazier Real Estate newsletter for an info-packed update on San Francisco real estate, local insights and more, delivered twice a month to your inbox.

PS: We hate spam and love privacy as much as you do. We will never sell or share your information — period.

Yelp logo
296 reviews
View All
Zillow logo
176 reviews
View All
Danielle Elazier Realtor on Google My Business- image of Google my business logo
117 reviews
View All

Danielle lazier real estate team

We care deeply about our clients and our commitment to exemplary results. Working with us should be a good fit for you. If you feel our team is the right fit for you and you’d like to talk with Danielle to make sure, contact us today for your complimentary initial consultation.
Contact Me

Do You Need Another Real Estate Newsletter?

Probably not. Yet, in our biased opinion, you should definitely sign up for our twice-monthly email for market insights, webinar invites, local news, gorgeous homes, and more. We never share or sell your information. And, when you’re ready to work with us, please email or call to discuss your plans. We’d love to help!

Danielle Elazier botanical illustration - 3 different California poppy flower branches. Black and white with line art
View Full Street Address SAN FRANCISCO, CA 94114 (415) 528-7355 ©2021 VIVRE REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY. ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED AND SHOULD BE INDEPENDENTLY REVIEWED AND VERIFIED.
enteruserclockcross