As we outlined last week, leasing activity across a sample of ten (10) of the larger apartment buildings we’re tracking in San Francisco has ticked up, driving the average vacancy rate for the cross section of 3,600 units down to around 7.5 percent, driven by aggressive discounting and incentives... Read More »

We’ve been tracking the current occupancy and availability of 3,600 distinct apartments, spread across ten buildings in Hayes Valley, Dogpatch, Potrero Hill, Mid-Market, SoMa and the Transbay District, over the past four months. Having peaked at around 11 percent near the end of last year, which was nearly twice... Read More »

With a moratorium on evictions having been in place for most of last year, landlords in San Francisco inked a total of 333 legally recorded tenant buyout agreements, which was down from 365 inked agreements in 2019 and included a few deals which had been in the works since... Read More »

As we outlined last month, while the weighted average asking rent for an apartment in San Francisco was holding at around $3,100 a month, listing activity was actually inching up. And as we wrote at the time: “In other words, the current plateau in asking prices might represent more... Read More »

The emergency bill to extend eviction protections for residential tenants affected by COVID-19 throughout California, which were slated to expire on January 31, 2021, has been inked by Governor Newsom. The amended COVID-19 Tenant Relief Act (SB-91) prohibits a landlord from evicting a residential tenant for non-payment of rent... Read More »

As we first outlined last week, while the weighted average asking rent for an apartment in San Francisco has been holding at around $3,100 a month, listing activity (i.e., availability) has inched up. And on a year-over-year basis, which takes into account seasonality, asking rents have actually continued to... Read More »

Having dropped nearly 24 percent last year, the weighted average asking rent for an apartment in San Francisco has effectively held at around $3,100 a month over the past few weeks, with the average asking rent for a one-bedroom hodling at around $2,700 a month and units with at... Read More »

Having ticked up to over 10 percent in November, the average vacancy rate for a sampling of ten large apartment buildings in San Francisco, representing a combined 3,600 units of housing located in Hayes Valley, Dogpatch, Mid-Market and Downtown, has ticked down to a little under 8 percent, driven... Read More »

While the average asking rent for an apartment in Oakland hasn’t declined as much as it has in San Francisco, either in the absolute or relatively, it has ticked down another 1.4 percent over the past two months to $2,300, which is down 19 percent on a year-over-year basis... Read More »

With the average asking rent for a one-bedroom apartment in San Francisco having dropped 23 percent over the past year to under $2,700 a month and the average asking rent for a studio having dropped even more, the weighted average asking rent for an apartment in the city, which... Read More »