Bay Area's Housing Market in 2026: What Buyers Need to Know
Lisa Lumm
High end homes ($3.1 million to $7.6 million) increased 13.4% on average in the two years.
Luxury homes priced from $1.6 million to $3.1 million, gained 6.3%.
The mid-tier ($650,000 to $1.1 million) advanced only 1.3%.
The most affordable segment ($535,000 to $615,000), slipped 3.8%.
This is not a single housing market. There are several different markets wearing the same regional label. Knowing which market you are actually competing in changes every calculation you make as a buyer, seller, or investor on the Peninsula this spring.
The underperformance of the Bay Area's most affordable tier reflects buyers who are more sensitive to mortgage rates and the relentless increase in home prices versus incomes. Lower-priced condos and townhomes in the Bay Area often carry HOA fees that have risen significantly.
More so than ever, it is vital to work with seasoned Realtors who know the local markets in today’s environment. Robin & Les Wrigley have helped over 1,000 clients through these markets, and they can help you, too.
Robin & Les Wrigley
DRE# 00853245, 00853244
650.483.7661
