3 ms·
Sounds about right. Similar around the Bay in general tbh. My wife and I bought a place in Oakland in December and it's already up 20%. That's insane.
by abritinthebay 9y ago
Sounds about right. Similar around the Bay in general tbh. My wife and I bought a place in Oakland in December and it's already up 20%.
That's insane.
- tehlike 9y agoSomething did happen in january.
- selimthegrim 9y agoWhat was that, for us non-Bay Area dwellers?
- tehlike 9y agoThe prices jumped more than 15% in a month (based on december vs jan comps)
- abritinthebay 9y agoSeems like he’s talking about standard seasonal variations (December is the worst month to sell in) However the difference is crazy even accounting for that
- tehlike 9y agoNo, i lowballed at 15%. Some places saw 30% which is not attributable to that. I thought it was the tax laws, but still not clear what it is to date.
- abritinthebay 9y agoThe supply has been almost nonexistent since September. Literally a handful of properties for sale. Suddenly people started listing - so there’s a LOT of pent up demand.
- abritinthebay 9y agoWell... yes, the market starts picking up in late January every year. December is the lowest month so we bought at s good time too. But only in the Bay would a 20% jump happen and be normal