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MarketTracker SoCal - January 2025 from CharlieBrownSF
January 2025 Southern California Real Estate Market Update
The latest data shows Southern California’s housing market navigating high mortgage rates and shifting inventory trends. While home prices remained stable in late 2024, experts predict new highs in 2025. The Federal Reserve’s recent rate cuts have yet to significantly lower mortgage rates, which now hover around 6.91%—the highest in six months.
Key takeaways from this month’s market analysis:
Mortgage Rates & Buyer Sentiment: Despite a 1% Fed rate cut since September 2024, mortgage rates remain high due to economic uncertainty. Buyers are adjusting, realizing waiting for rate drops may not be worth it.
Home Sales & Inventory: Sales rose 4.8% month-over-month, the fastest pace since March, while inventory remains near a four-year high, creating more opportunities for buyers.
Regional Market Insights: Los Angeles and Riverside counties currently favor buyers, while Orange and San Diego counties maintain more balanced conditions. Home prices dipped slightly in December, following historical seasonal trends.
Economic uncertainty and upcoming policy changes may further influence market conditions in 2025. Stay informed with expert insights from CharlieBrownSF.
👉 Looking to buy or sell in SoCal? Contact Charlie at (415) 722-3493 or explore listings at www.charliebrownsf.com.
MarketTracker Bay Area - January 2025 from CharlieBrownSF
San Francisco Real Estate Market Update – January 2025
The Bay Area real estate market saw modest price declines in Q4 2024, but home values are poised for growth in 2025. With mortgage rates remaining high—averaging 6.91% as of January—buyers and sellers are adjusting to a new normal. Despite elevated borrowing costs, home sales surged 6.1% year-over-year, driven by increased inventory and growing buyer confidence.
Key takeaways from the latest MarketTracker Report:
Mortgage Rates & Policy: The Federal Reserve cut interest rates by 1% in late 2024, but mortgage rates remain between 6-7% due to economic uncertainty.
Market Trends: While inventory tightened in Q4, demand remained strong, keeping home prices relatively stable.
Bay Area Outlook: January prices may see minor declines before rebounding in spring and summer, continuing a historically seasonal pattern.
With inventory expected to shift, now is a critical time to explore your options. Whether you're buying or selling, understanding these trends will help you make informed decisions.
📞 Thinking about buying or selling in San Francisco? Contact Charlie Brown today for expert guidance.
MarketTracker San Francisco - January 2025 from CharlieBrownSF
San Francisco's real estate market is shifting, with home prices stabilizing and inventory reaching record lows. Sales have surged as buyers adapt to higher mortgage rates, and 2025 is expected to bring new highs in pricing. Whether you're buying or selling, staying informed is key. Explore the latest recently sold homes and upcoming listings in San Francisco with expert insights from CharlieBrownSF.