South Bay Housing Market Heating Up!

The last couple of weeks have been a bit more lively in real estate. Homes are suddenly seeing more competition, and when that happens, prices usually start to nudge upward. It’s classic fall seasonality: once summer winds down and kids are back in school, people jump back into the market. This year’s spring and summer selling season was slower than usual with tariff chatter and stock market nerves, but buyers have been creeping back, and things are moving. If you’re thinking about selling, the next month or two could be a sweet spot.

Come late November and December, activity usually slows with the holidays, which actually makes it a great time to buy with less competition. And then, like clockwork, the market kicks back into gear in January and will climb up until mid-May. Seasonality, baby!  Or at least, that's what's happened the last 10 years or so.

Rates are giving us a little tailwind too. Right now, in mid-September, we're down about a half point on mortgage rates from just three months ago. That dip makes a big difference; it helps buyers with lower monthly payments and gives sellers a bigger pool of motivated shoppers.

If you’re curious about what’s happening in your neighborhood specifically, I’d be happy to pull some numbers for you. Just let me know! 

Be well and have a great week ahead! Temps in the low 80s Sat/Sun in the Bay Area. Tough life!