The median price for a home in the Bay Area is currently at $880,000. In one of the most expensive and competitive markets in the country, the Bay Area home buyer has to be tough and ready. Who are these determined and sophisticated people risking repeated rejection and making bid after bid, shooting the moon on price, and frequently waiving their contingencies? It’s not easy to find reliable statistics for every town, but the National Association of Realtors, the Zillow Group and others have done focused surveys and research on the question (see the graphic below).
The more we as Realtors know about home buyers, the better we can tailor our marketing to those who are most likely to be interested in your home. If you would like to know more about how our marketing strategy can help you achieve the highest value for your property, please contact us.
- National Association of Realtors, Home Buyers and Sellers National Trends, 2017
- California Association of Realtors, July 2017, Sales2. 2017
- National Association of Realtors, Home Buyers and Sellers National Trends, 2017
- Coldwell Banker Real Estate LLC and Parks Associates, Smart Homes, 2016
- National Association of Realtors, Profile of Home Buyers and Sellers, 2016
- National Association of Realtors, Home Buyers and Sellers Generational Trends, 2017
- San Francisco Multiple Listing Service, 2017
- National Association of Realtors, Home Buyers and Sellers Generational Trends, 2017
- National Association of Realtors, Profile of Home Buyers and Sellers, 2016
All stats are national unless stated otherwise
