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Demographic, Economic & Real Estate Market Snapshots for San Mateo County & the San Francisco Bay Area – March 2022

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Bay Area Market Trends / Apr 12, 2022

Income, education, employment, population, migration, housing, language, life expectancy, home ownership, home prices, selected market statistics, and other angles on the county and the greater Bay Area.

 

New 2020 U.S. Census estimates were released on March 17, 2022. Within this report are analyses using data from this release, as well as from earlier releases, and many other data sources besides. The data included here generally reflects conditions and circumstances in the recent past: By its very nature, it is constantly changing (including changes still evolving due to the pandemic). Data from sources deemed to be reliable, but may contain errors and subject to revision. Analyses date to various time periods as delineated on each chart or table. All numbers should be considered approximate, good-faith estimates.

 

Compass Bay Area real estate market reports: https://www.bayareamarketreports.com/

Source: Compass

It is impossible to know how median and average value statistics apply to any particular home without a specific comparative market analysis. These analyses were made in good faith with data from sources deemed reliable, but may contain errors and are subject to revision. It is not our intent to convince you of a particular position, but to attempt to provide straightforward data and analysis, so you can make your own informed decisions. Median and average statistics are enormous generalities: There are hundreds of different markets in San Francisco and the Bay Area, each with its own unique dynamics. Median prices and average dollar per square foot values can be and often are affected by other factors besides changes in fair market value. Longer term trends are much more meaningful than short-term.

Compass is a real estate broker licensed by the State of California, DRE 01527235. Equal Housing Opportunity. This report has been prepared solely for information purposes. The information herein is based on or derived from information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy or completeness of the information. Compass disclaims any and all liability relating to this report, including without limitation any express or implied representations or warranties for statements contained in, and omissions from, the report. Nothing contained herein is intended to be or should be read as any regulatory, legal, tax, accounting or other advice and Compass does not provide such advice. All opinions are subject to change without notice. Compass makes no representation regarding the accuracy of any statements regarding any references to the laws, statutes or regulations of any state are those of the author(s). Past performance is no guarantee of future results.

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