Happy New Year! As the new year kicks off, I wish I had a crystal ball to predict what's in store for this year's market.
For 2020, economist Ken Rosen expects the Bay Area median price to remain basically flat, within a general range of up or down 2%. In other words, similar to what happened last year. We can’t predict the future, but that doesn’t sound unreasonable, and avoids the sensationalism of many other media-grabbing forecasts.
Looking back in 2019, San Mateo County was one of the markets that saw little year-over-year change. For data specific to your city, see graphs below.
Planning to make a move this year? Let's get the conversation started.