FEBRUARY 2023 WRAP-UP Despite a slow start in January and escalating layoffs in high-tech, last month's data shows a thawing of the winter doldrums, giving way to increased open house traffic, number of offers, overbidding, and absorption. That being said, we remain in a buyer's market across most property types. However, choice properties are still attracting multiple offers and selling over the asking price. As always, in San Francisco, each property is unique and each sale requires a tailored approach from a buyer's or seller's perspective. National mortgage rates have been on the rise over the past several weeks with the 30-year fixed rate nearing seven percent once again. Freddie Mac reported this week 'Mortgage rates continue their upward trajectory as the Federal Reserve signals a more aggressive stance on monetary policy. Overall, consumers are spending in sectors that are not interest rate sensitive, such as travel and dining out. However, rate-sensitive sectors, such as housing, continue to be adversely affected. As a result, would-be homebuyers continue to face the compounding challenges of affordability and low inventory.' YEAR-OVER-YEAR COMPARISON SINGLE FAMILY RESIDENCES MONTH-OVER-MONTH COMPARISON SINGLE FAMILY RESIDENCES CHANGE IN PAST MONTH: SALES PRICE +4.0% DAYS ON MARKET -15 days MEDIAN AREA VALUES SINGLE FAMILY RESIDENCES 2022 * Denotes small sample size; Use caution when interpreting results. YEAR-OVER-YEAR COMPARISON CONDOMINIUMS/TIC/COOPs MONTH-OVER-MONTH COMPARISON CONDOMINIUMS/TIC/COOPs CHANGE IN PAST MONTH: SALE PRICE +18.5% DAYS ON MARKET -49 days MEDIAN AREA VALUES CONDOMINIUMS/TIC/COOPs 2022 * Denotes small sample size; Use caution when interpreting results.

YEAR-OVER-YEAR COMPARISONS MEDIAN SALE PRICE

$1,440,000 -25.4% year-over-year $1,185,000 -4.0% year-over-year MEDIAN MARKET TIME 15 days +4 day change year-over-year 21 days +8 day change year-over-year NUMBER OF SALES 97 Properties Sold -39.0% year-over-year 132 Properties Sold -46.8% year–over–year PRINTABLE VIEW Sources: SFAR MLS. Property types covered: single-family, condominium/TIC/COOP. Only property data posted on the MLS is covered. BMRs and senior housing have been excluded from stats, where possible. All Photos are sourced by the SFAR MLS and owned by their respective brokerages. All information is deemed reliable, but not guaranteed for accuracy. All data is subject to errors, omissions, revisions, and is not warranted. ©2023 Vanguard Properties. All rights reserved. Equal Housing Opportunity. DRE No. 01486075