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January Brings No Winter Chill to SF Real Estate

January is the cruelest month for some American real estate markets, but not, historically, San Francisco's. And this data from Trulia show that this January in particular, the city has made serious gains in home prices, shaking off the last of post-bubble-pop malaise (though we have to ask, readers, if it's not possible we've another bubble in the making).


Also interesting is the number of homes sold this January in San Francisco. The data here show home sales every January from 2000 to 2013. Note that basically, between 1,000 and 2,000 homes have sold in January over the past 13 years, and this year conforms to the same pattern, despite posting some of the lowest inventory on record.


February numbers have only been better than this, all in all showing winter does nothing to cool down the hotness that is SF property values.
· San Francisco Market Trends [Trulia]
· Winter Inventory Experiences Shrinkage [CurbedSF]
· Extreme Verticality in Quarter One Home Prices [CurbedSF]