San Francisco County home sales to uptick slower, says Pacific Union

Roughly 5,600 to 5,700 home resales predicted to close in 2016
  • Home and condo price appreciation in San Francisco County will slow in 2018.
  • District 9 is by far the strongest San Francisco County submarket for condo resales.
  • The county will see several waves of condo unit deliveries in the coming years.

One large Bay Area real estate firm expects San Francisco home and condo price appreciation to slow in the coming years, particularly in 2018. This firm, Pacific Union, also forecasts annual existing home sales growth of 1 or 2 percent during both 2016 and 2017, with some supply relief upcoming for the condo market.