The Locals

The Bay Area isn't one market. It's two.

And knowing which one you're in changes everything about your strategy right now.

Luxury is on fire. AI wealth is pushing high-end home prices up 13% this year. Tech executives and venture capitalists have the equity, and they're using it.

Entry-level is a different story. Condos and lower-priced homes are softening, weighed down by high HOA fees and a shrinking buyer pool.

Meanwhile, mortgage rates are sitting at 6.33%, down from 6.73% a year ago. On a $1.25M purchase, that difference is real money every single month.

And inventory? The Bay Area is sitting at just 2.2 months. The national average is 3.2. That gap is exactly why the right homes still get multiple offers the week they hit the market.

Swipe through to see exactly what's happening in each market right now, and what it means for you.

Whether you're buying or selling, the move you make next should be based on your market, not the headlines.

DM me and I'll tell you exactly what's happening in your neighborhood.

The Locals Team | REALTOR® at Compass
DRE 01356801 | DRE 01333093

Most buyers want to start with the house.

We get it, scrolling listings is the fun part. But in the Bay Area, the smartest home search starts with a clear conversation first.

Before we tour, we talk through what you actually need, what you’re comfortable spending, how quickly you’re ready to move, what your true dealbreakers are, and where there’s room to be flexible.

Because the goal isn’t to see every home. It’s to recognize the right one when it shows up — and be ready to act with confidence.

Thinking about buying in the Bay Area? Let’s start with strategy before the search.

The Locals Team | REALTOR® at Compass
DRE 01356801 | DRE 01333093