This survey was put together in January 2020 by Patrick Carlisle, chief market analyst for the San Francisco Bay Area at Compass

There is a staggering number of economic, political, social and even ecological issues and factors constantly at play – locally, nationally and internationally – which can impact the Bay Area economy and housing market. These include housing affordability,interest rates, stock markets, politics, ecological disasters, employment, population, migration trends, national immigration policies, wage growth, poverty, new home construction, consumer confidence, venture capital investment, initial public offerings, household debt, tax law changes, high-tech booms, creative financial engineering, and many others. As available, the charts below look at angles on some of these factors. They are not comprehensive, and different analysts and economists often weigh them differently or draw widely varying conclusions from this data. We provide them simply as food for thought.

With the second slide below, we will start this survey looking at Bay Area home prices (and rents), appreciation trends and affordability. Generally speaking, the Bay Area is the most expensive housing market in the country, and housing affordability is a huge political, economic and social issue – and not any easy one to solve.


Source: Compass

It is impossible to know how median and average value statistics apply to any particular home without a specific comparative market analysis. These analyses were made in good faith with data from sources deemed reliable, but may contain errors and are subject to revision. It is not our intent to convince you of a particular position, but to attempt to provide straightforward data and analysis, so you can make your own informed decisions. Median and average statistics are enormous generalities: There are hundreds of different markets in San Francisco and the Bay Area, each with its own unique dynamics. Median prices and average dollar per square foot values can be and often are affected by other factors besides changes in fair market value. Longer term trends are much more meaningful than short-term.

Compass is a real estate broker licensed by the State of California, DRE 01527235. Equal Housing Opportunity. This report has been prepared solely for information purposes. The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information. Compass disclaims any and all liability relating to this report, including without limitation any express or implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended to be or should be read as any regulatory, legal, tax, accounting or other advice and Compass does not provide such advice. All opinions are subject to change without notice. Compass makes no representation regarding the accuracy of any statements regarding any references to the laws, statutes or regulations of any state are those of the author(s). Past performance is no guarantee of future results.