Quarterly New
Development Report

Through most of 2020 economic fundamentals were dampened by electoral, civic, and economic uncertainty, yet an individual’s home also became the center of the universe. With the start of 2021, a new optimism came along with the arrival of COVID-19 vaccinations, helping to release the pent-up demand for dining, travel, and leisure. San Francisco’s downtown core market, represented as Districts 6-9, witnessed a flight to quality fueled by historically low-interest rates that motivated first-time home buyers, second home buyers, and those looking to upgrade space or neighborhoods at softer pricing.

Learn more about this quarter’s performance by price point and MLS district.

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