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Explore Properties

San Francisco skyline cityscape with Salesforce Tower and residential neighborhoods below

April 2025

Market Update

We are seeing the trend of more new listings hitting the market

Quick Take:

Mortgage rates have ticked up slightly over the course of the past year, and coincidentally, so has the median sale price of a home in the US.
According to Freddie Mac, the average 30-year mortgage rate is 6.62%, as of April 10th.
Although affordability remains an issue throughout the country, the median monthly P&I payment has declined by over $100 on a year-over-year basis, representing a considerable savings for consumers!
We are seeing the trend of more new listings hitting the market continue, as we saw roughly 10% more new listings added in March when compared to a year ago.