Records continue to fall

Seven months after the pandemic struck, the dynamics of the SF house and condo markets have significantly diverged.  Records continue to fall There are currently more inventory than other other time during the past 15 years - even more than the economic downturn in 2009.  This is especially evident in the condo market where the inventory of condo listings has been soaring, making up 75% of all listings. Overall, increases in supply continue to outpace demand and price reductions are heavily concentrated in the condo market (2/3 of all listings and 80% of all condos are experiencing a price reduction). SoMA, Mission Bay and South Beach are the hardest hit neighborhoods. Dominated by very large high-rise condo buildings, these buildings have lost their appeal now that the amenities offered are closed.  Despite the rise in inventory and the price reductions... Median condo sales prices have only declined by about 5% - much less compared to the 2008 downturn. There's not much of a decline in median sales prices Year-over-year, the number of 2-bedroom condos sold in Q3 went up by +100 sales, while studio and 1-bedroom sales were flat. That extra 100 2-bedroom condo sales - more expensive than studios and 1 bedroom units - means a much larger percentage of 2-bedroom to total sales, and this pulled up the overall Q3 combined median sales price. And yes we are still selling homes, lots of them More listings went into contract in September than in any month in the last 2 years.  Summarizing this very strange selling season More listings + more buyers + more price reductions =  more transactions happening (+ Crazy real estate!) Maggie Visser Top 4% SF Agents DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. marketingcenter-sfbayarea-sfcityproper

Thinking of Buying or Selling.......but you're on the sideline?

In such an unusual year, many of you are still trying to figure out if now is the right time to make a move. For those of you who are sitting on the sidelines, here are a few things to consider: For Buyers-in-Wait 1. Its likely prices will go up because of inflation. After an unprecedented government stimulus, expect inflation sooner or later. Investing in real estate is a great hedge against that. 2. Interest rates are at historic lows — but don’t take that for granted. Requirements and rates will worsen at some point. 3. There’s real value in comfort and security right now. What matters more to you: trying to time the bottom of the market, or finding the right home that’ll make you feel comfortable and safe during this time? 4. Try to avoid the “wait and see” mentality. Nobody buys at the bottom — and knows it. Focus on quality as your priority: the best deal on the best match that meets your needs for years to come. For Potential Sellers 1. Selling in a down market means you can buy in a down market. If you list now, you might sell a bit lower but you can buy so much more with it. Think of the home — and that balcony or home office — you can now buy at a discount. 2. Active buyers are more serious than ever before. People have spent the last 5 months realizing the inadequacies of their home. The buyers who are looking right now, in the middle of Covid-19, are very motivated to get a transaction done and take advantage of the historically low mortgage rates. 3. Price so that the market chases you. If you don’t price correctly, chances are buyers will not bid — and they may not even view. 4. We don’t know what the future holds. Don’t take this buyer demand for granted. This unprecedented year is far from over — the election and ongoing pandemic could freeze real estate activity again, making it harder to sell afterward.  As Always If you'd like a more tailored look at how the market is playing out in the City, just let me know.  Keep well, Maggie Maggie Visser Top 4% SF Realtor DRE #: 01925742 M: 415.793.3470 maggie@maggievisser.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

Sliding into Summer

If summer is your favorite time of the year, we have something in common.  T here is nothing like those long, lingering evening hours, al fresco dining, and that sense of slowing down...  ... but this summer, it's looking like that whole "slowing down" bit  is likely not to be when it comes to the market. Here's what I've seen and heard as we prepare to head into an exciting July! The COVID-19 pause this spring has created a surge of activity now. All signals point to a very busy summer as sellers play catch-up: Stagers are booked up through the end of July, and many agents have multiple listings scheduled to come on the market after July 4th. This is unusual – historically sellers hold back to sell in the fall – but makes perfect sense, as many sellers stalled their spring moving plans due to the pandemic. Wine country property values are bouncing back in a big way. In the past two years, wine country properties lost some of their desirability in the wake of devastating back-to-back fire seasons. Lo and behold, along came the pandemic and with it the desire for larger homes and bucolic outdoor space. Demand has returned, especially for second homes – I predict that wine country's second-home market will be VERY busy this summer.  The vacation rental market is as competitive (and lucrative) as ever.  COVID-19 spikes across the country are keeping more and more people closer to home this summer. As air travel has plummeted, the demand for summer rentals has sky-rocketed: A client of mine who owns a property in Sonoma has been renting it for $30K a month, and another colleague's clients were prepared to pay $70k for a wine country rental in July.  That, my friends, is QUITE the comeback from a few months ago! And now, something a little fun and summery... Almond Butter, Strawberry & Banana Overnight Oats Delicious strawberry and banana overnight oats made with chia seeds, greek yogurt and a drizzle of creamy almond butter. This protein-packed strawberry, banana and overnight oats recipe is an easy make-ahead breakfast that will keep you full and satisfied! Grilled Lamb Burgers with  Yogurt-Feta Sauce With summer heading our way, what better way to welcome the sun than to create this juicy yet decadent Lamb burger. Not only does this burger looks delicious, but one can only imagine how satisfying the taste would be too! Miso Buttercream Pecan Ice Cream Imagine a cross between butter pecan ice cream and salted caramel ice cream, except that the “salted” part comes from miso, which makes it less cloying and more complex. Red miso is going to give you the biggest punch, but yellow or white would also work—they’re just milder in flavor. Maggie Visser Top 4% SF Raltor DRE #: 01925742 415.793.3470 maggie.visser@compass.com

"Mad Rush" out of SF?

"Mad Rush" out of SF? You may have seen this article from Bloomberg earlier this week, trumpeting a “mad rush” from San Francisco as residents flee from the city to surrounding suburbs, desperate to spread out. Suffice to say, the article fails to include some rather important details. Here’s what the article does not mention: The SF market had a herculean rebound in May. The number of homes being purchased picked up rapidly, bouncing back from the steep plunge following shelter-in-place.  Based on the trajectory, it is fully expected the recovery will surge and normalize in the coming weeks. While it's true SF hasn’t rebounded as well as the surrounding markets, our circumstances have been very different. SF has been more deeply affected by COVID-19 and instituted stricter SIP measures for a longer period of time. Densely populated urban areas have been hit significantly harder by the crisis, and SF is the second-most densely populated city in the country. It’s just not apples to apples. People are buying in wine country, BUT…. Surrounding areas in Marin, Napa, Sonoma, and regions to the south have seen a surge in interest from residents of San Francisco – many of them, however, are purchasing second homes.  Those that are relocating will have various reasons for doing so, but one factor that can’t be ignored is that so much of what people love about living in the city has, for the time being, disappeared.  Relocation may be the balm some people need right now – we are still in this crisis. It is simply too soon to say that this is a trend or will continue after the crisis. We’re learning more about prices and home values. Median sales prices in SF dropped in May, but those figures are based on a very low volume of closed sales in the month.  The sales and prices mostly reflect the huge impact of COVID-19 in March and April. Based on the large jump in purchase activity in May, the next few months will be a better indicator of whether or not changes in home values will occur. I can say, however, that buyer demand has come surging back in some segments, so that is a positive signal for home values. The outshot is that it is too soon to proclaim anything about an exodus or a mad rush or anything else for that matter! We're still feeling the effects of shelter-in-place shake out, not just in the real estate market but in our own behaviors and plans. And hey! That's okay. Please stay safe and strong, everyone. Let me know if there's anything I can do for you this week, real estate-related or otherwise.  Maggie Visser Top 4% SF Agents DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

Will this be the biggest summer ever?

Will this be  the  biggest summer ever? When it comes to post-COVID America, many speculate that we can glean a lot from the months following 9/11 and the Great Recession: On one hand, we’ll all think differently about where we go and how we behave; on the other hand, the economic challenges will have changed our priorities. The double-whammy of psychological and financial drivers alone could create a huge shift in trends and behaviors after restrictions are lifted – But the kicker is that this time, millions of us have been just sitting around, wearily dreaming of the day we could do [fill-in-the-blank]. We're ready!!! Re-opening means opening the valve on pent-up supply and demand. We’ve been waiting. And waiting. And waiting. When we’re all finally able to do whatever it is we’ve been waiting for, there’s bound to be an avalanche of activity this summer: Adapted travel and tourism, modified weddings and memorials, re-hiring, and (of course) relocating to what’s next. We all have a clearer picture of what we want home to be. In the last few weeks, I have had and heard dozens of different conversations: A flurry of San Franciscan homeowners are now eyeing Marin and the East Bay. Renters motivated by low mortgage rates and the number of new listings have started approaching lenders. Every flavor of “Aha! I know what I want my home to be!” has crystallized for scores of people, and they have been waiting for the time to take action. It looks like that time is imminent! The surge of activity that usually happens in the spring hasn’t been squashed, it has just been delayed. This summer could be the biggest ever as we all emerge from our small worlds, joyfully – but responsibly! – moving forward.  (I cannot wait! 🤗) It's time! If you've been dreaming about what your home should be and it's not where you are, I'm here as a sounding board. Tell me all your thoughts, I'll tell you what I see.  Stay strong, stay safe, stay positive! Maggie Visser Top 4% SF Agents DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

The lowest mortgage rates EVER!

The 30-year fixed-rate mortgage dropped to an average of 3.15% during the week ending May 28, a decrease of nine basis points from the previous week, Freddie Mac, the lowest level since Freddie Mac began tracking this data starting in 1971. A year ago, the 30-year fixed-rate mortgage averaged 3.99%.The 15-year fixed-rate mortgage dropped eight basis points to an average of 2.62%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.13%, down four basis points from a week ago. (Marketwatch) The previous record low was set at the end of April, when the average rate on a 30-year home loan dropped to 3.23%. This is now the third time in 2020 when the mortgage market has recorded a new historical low for interest rates.

Where are the best real estate investments right now?

"Where are the best real estate investments right now?" It's a question being asked the world over – for good reason! An unprecedented volume of cash has been stockpiling over the past few years in anticipation of a recession. Now, a flood of Government-fueled capital has infused that stockpile... and so it goes: The more capital there is, the more demand there is. The more demand, the higher the prices. Supply and demand is the unwavering market driver.  Change is a constant everywhere – Don't forget it! Because things are topsy-turvy right now (this is not the first or the last time they will be), it may seem like a uniquely opportune time to make a big move – but do not act in haste or without the same considerations you'd make in an ordinary world. Here's how to think about the best place for your next real estate investment: Identify and evaluate long-term trends, not the trends-du-jour. Hurricanes, fires, mudslides, tornadoes, and novel world-changing viruses come and go. Some events require more recovery time than others. Often the best buyer negotiations happen during and after these events, BUT! beware of 'bargain' properties that are only a bargain because tumultuous events have exposed their weaknesses. Look to where the "jobs-of-the-future" are going, and the areas that have the educational resources to fuel them. These areas are almost certain to have a growing economy too. Seek areas where the local government has a healthy balance between responsible governance and business-friendliness. Which areas have the infrastructure, plans and funding in place to allow growth?  Real estate is an hyper-localized entity. In some cities things vary from neighborhood to neighborhood, but in others they can vary from block to block! Invest in places that deliver on quality of life. Today more than ever people care about what an area can deliver in the happiness and well-being department. Life is short and we're all a little shook. If happiness is a recipe, the thing your immediate environment provides is the not-so-secret ingredients. Carry on & honor our heroes In the meantime, keep asking good questions.  Keep on social distancing.  Keep on showing empathy for the people around you.  Keep on finding little gifts in this trying time. Most importantly, don’t forget to honor those who lost their lives in service of our country this Memorial Day.  Maggie Visser Top 4% SF Agents DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

Post-Lockdown Market

Before you dive in: I had a chance run-in with a friend this week that changed my mindset for the better, re-orienting me toward empathy for everyone around me. I made a quick video to share the story, which some of my friends on FB have found insightful - have a look if you’re in need of a little perspective today. ❤️ Some things never change... Let's talk SF real estate this week. The #1 question I’ve fielded in the past few weeks is about pricing: What will happen to home prices post-lockdown? I have good news and bad news. The good news is that the answer is the same as it always is, and will stay the same after lockdown: It depends on supply and demand. The bad news? It’s hard to project what supply and demand will look like. Other things change a lot! Many sellers have withdrawn their properties from the market in recent weeks. Some of those who were planning to list have opted to wait things out. Others have put their homes on the market, or back on the market, in the last two weeks.  This signals that there will be some pent-up supply that springs up on the market to meet latent demand – a large number of buyers will be re-entering the market at the very same time, too. As mortgage rates hit all-time lows, the lure of lower payments is sure to bolster demand. We have seen unprecedented loss of employment, however, a large number of home buyers and sellers in San Francisco have not been directly impacted by these job losses. Nevertheless, j ob losses will impact our economy, and hopefully many, or most, can be recovered as the economy ramps up and we return to a sense of normal. Today in the SF market: Many agents in SF are back on the ground conducting private showings (at last!), slowly getting things back on track after a 5-week standstill. While inventory is still small, the increase in activity is a positive signal.  Currently: There are 214 properties listed on the MLS as 'coming soon' (single-family, condos, coops, TIC) There are 645 properties for sale (active) on the MLS (single-family, condos, coops, TIC) Compass has 123 Private Exclusive listings, not on the MLS or marketed elsewhere For comparison, here's how the very strange  April 2020 measures up to April 2019: Number of new listings was down 64.3% for single-family homes and 65.8% for Condo/Coop/TIC  Median sale price for single-family homes was up 5.41% to just shy of $1.7M, and for Condo/Coop/TIC, up 6.1% to $1.3M. Months' supply of inventory decreased 23.1% for Single Family Homes and 20% for Condo/Coop/TIC. Carry on & honor Mom In the meantime, keep asking good questions.  Keep on social distancing.  Keep on showing empathy for the people around you.  Keep on finding little gifts in this trying time. Most importantly, don’t forget to send love to the mothers in your life this Sunday.  Maggie Visser Top 4% SF Agents DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

No Open Houses? Find out how you can see a property in person during Coronavirus times.

Disappointment and Uncertainty are inevitable

Well, looks like we’ve got another month of SIP to look forward to... In light of this disappointing news, I thought I'd take this opportunity to recommend my new favorite column from The Atlantic called How to Build a Life, focused on the study and achievement of happiness – a topic that we all could use some schooling on right now. ❤️ Here are two things I’ve learned that are making life a bit happier. I hope you find value in them, too! Satisfaction = What you have ÷ What you want Don’t focus on what you have or don’t have. Right now, we can’t control what we have access to anyway. Instead, make an inventory of what you want, and find achievable ways to eliminate those desires. Trying to know the unknowable =  Anxiety Acknowledge that you do not know what is going to happen. No one else knows either!  Resolve that while you don’t know what will happen next week or next month, you do know that you are alive and well right now, and refuse to waste the gift of this day! Stay sane. ✌️ Maggie Visser Top 4% SF Realtors DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

Acceptance is where the power lies

Last month, my sister in law was diagnosed with COVID-19. She and my brother live in the Netherlands, a country that (at the time) had 3,000 ventilators for 16 million people. Things became very, very real to my family on the day we learned she was sick. The fear and anxiety we experienced during her illness -  breathing problems, fever spikes and blinding headaches for 13 days - were sobering. While she has thankfully recovered, we continue to feel some echoes of that time, the feelings of which have been difficult to pinpoint. Psychology suggests that if people are able to give a name to their feelings, it’s easier to manage them. As time drags on in our fourth or fifth week of sheltering-in-place, we’re all experiencing loss: of jobs, sanity, sobriety, productivity, a sense of safety or peace... but loss is really just the beginning. That discomfort you’re feeling? It’s grief. Author and mental health professional David Kessler suggests that what we’re experiencing is actually a kind of grief – and, like most intense experiences, there are stages to how we respond.  Denial, disbelief, bargaining with the circumstances –and of course, our eventual acceptance – are all part of this journey. We need reminding that they don’t happen in a linear fashion. Each day, we may feel something different, be in a different stage. We can find control in acceptance. On days I wake up and accept this reality: I can use this experience to reboot my life, seeking inspiration and creativity in unexpected places.  I can acknowledge that I am alive and healthy and feel gratitude from the moment I wake up.  I can control how I spend my time.  Time is a luxury and full of possibilities. I can choose to explore my curiosities and learn new skills. I can choose to explore how I work, what works for me.  Wishing you a day of acceptance,  and through that, something positive  (maybe even joyful)! Maggie Visser Top 4% SF Realtor DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

When Home Becomes Everything

This time we’re spending inside will forever change our concept of home. It’s possible that we are living through the biggest shift in the relationship between people and their homes since the 1950s. Then, it was the wide-sweeping American Dream of homeownership becoming real. Now, I predict the shift will be about a sense of possibility.  Our homes have become everything. Home is now where we live... and work... and eat… and sleep… and exercise… and relax… and stress out… and play. Living rooms have become classrooms, exercise studios, and virtual meeting rooms. Kitchens have become restaurants, science labs, and boardrooms. Bedrooms have become offices, infirmaries, and playrooms. Home is now where we shelter in place. Home is where we stay to keep ourselves safe, and keep our families safe and keep our communities safe. When home becomes your everything, the idea of what home should be becomes exponential. It’s still a place of belonging and security, but it’s also become a place of endless possibility. Being forced to make our homes full-service, multi-purpose spaces where all of life happens all at once is… a lot. But it’s also enlightening. Have we already shifted perspective? When this is over, what versatility will we be thinking about when we look at a home? Will we be thinking about its life-saving powers, like we are now? What scenarios will we be preparing for? What will words like “comfort” and “safety” and “community” mean to us? What dreams will we be dreaming and what futures will we be planning for? The future is unknowable, but I do know this: A home that provides a sense of belonging, a sense of security and a sense of possibility will be more important tomorrow than ever before. Stay strong.  Stay healthy. Stay home. Maggie Visser DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

April 2020 Real Estate Market Update

San Francisco Real Estate  & the Coronavirus April 2020 Report ------------ The first thing to remember is that there is a time lag - usually 3 to 6+ weeks - between a new listing coming on market, an offer being negotiated and accepted, and when the transaction actually closes sale. This means that almost all of the sales price data we have, as of the first week of April, still reflects the market BEFORE the shelter-in-place rules went into effect. In virtually all Bay Area counties, first quarter and March median sales prices were quite strong.  This report will look at the effect of the crisis on supply and demand by reviewing week by week statistics, sales price trends reflecting the market before the crisis, and longer-term trend data to give context to how the market typically performs at this time of year. Spring is usually the most active selling season and often sees the highest median sales prices of the calendar year, due to both the level of buyer demand and the seasonal surge in the luxury home market. (A higher percentage of luxury home sales pulls up the overall median sales price.) We do not know how the crisis will ultimately play out, depending as it does on so many, rapidly changing, socio-economic factors.  Shelter-in-Place Effect on Inventory & Deals  - by Week The following 4 charts detail the plunge in listing and accepted-offer activity, and the surge in listings being pulled off the market by sellers, over the past 4 weeks. Typically, at this time of year, the first 3 charts would be seeing steady climbs over February numbers, and the 4th chart would have a very low, flat trend line.  Though the numbers are way down, some listings have still been going into contract. The Luxury Home Market The luxury market is fiercely seasonal, and typically spring (Q2) sees the peak in annual sales volumes. Higher-price home sales are often more deeply affected by financial-market crises since affluent households tend to have more wealth tied up in the markets, and watch their movements more closely.  These next 2 charts look at weekly trends in the markets for homes of $2.5 million+ and of $5m+. Normal Market Seasonality Trends  These 2 charts illustrate how seasonality typically affects supply and demand, both climbing rapidly from the beginning of the year through late spring.  Maggie Visser DRE #: 01925742 415.793.3470 maggie.visser@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.