That East Bay Life With Simone Koga - September 2021

That East Bay Life with Simone Koga Your Guide to Life in Oakland, Berkeley, and Beyond Simone Koga Realtor® | DRE #: 01897985 | www.SimoneKoga.com M: 415.706.1586 O: Enter Office Phone simone.koga@compass.com © Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. marketingcenter-sfbayarea-oaklandberkeleywinecountry

That East Bay Life With Simone Koga - August 2021

Your Guide to Life in Oakland, Berkeley, and Beyond Simone Koga Realtor® | DRE #: 01897985  www.SimoneKoga.com M: 415.706.1586 @ThatEastBayLife Simone@SimoneKoga.com © Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. marketingcenter-sfbayarea-oaklandberkeleywinecountry

That East Bay Life With Simone Koga - July 2021

That East Bay Life with Simone Koga Your Guide to Life in Oakland, Berkeley, and Beyond Simone Koga Realtor® | DRE #: 01897985 www.SimoneKoga.com  M: 415.706.1586 @ThatEastBayLife Simone@SimoneKoga.com © Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. marketingcenter-sfbayarea-oaklandberkeleywinecountry

That East Bay Life with Simone Koga - June 2021

That East Bay Life with Simone Koga Your Guide to Life in Oakland, Berkeley, and Beyond Simone Koga Realtor® | DRE #: 01897985 | www.SimoneKoga.com M: 415.706.1586 @ThatEastBayLife Simone@SimoneKoga.com marketingcenter-sfbayarea-oaklandberkeleywinecountry

May 2021 East Bay Market Report

That East Bay Life  with Simone Koga Social Links are not complete Your Guide to Life in Oakland, Berkeley,  and Beyond Social Links are not complete Simone Koga Realtor® | DRE #: 01897985   www.SimoneKoga.com M: 415.706.1586 @ThatEastBayLife Simone@SimoneKoga.com © Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. marketingcenter-sfbayarea-oaklandberkeleywinecountry

April 2021 East Bay Market Report

That East Bay Life with Simone Koga Social Links are not complete Your Guide to Life in Oakland, Berkeley,  and Beyond Social Links are not complete Simone Koga Realtor® | DRE #: 01897985   www.SimoneKoga.com M: 415.706.1586 @ThatEastBayLife Simone@SimoneKoga.com © Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. marketingcenter-sfbayarea-oaklandberkeleywinecountry

February 2021 East Bay Market Report

That East Bay Life with Simone Koga Social Links are not complete Your Guide to Life in Oakland, Berkeley, and Beyond Strong Finish to 2020, Heated Start to 2021  February 2021 Report Our January report focused mostly on 2020’s annual statistics. This report will put most of its attention on quarterly and monthly indicators, which better illustrate changes occurring as 2020 progressed and 2021 began: pre-pandemic to initial pandemic crash through the subsequent market recovery.  In January, new listing activity started to pick up after the typical annual low hit in December. The number of new listings coming on market was approximately 50% higher than in January 2020 - and so was the number of closed sales. The 2021 market is beginning fast and active.  The 2 tables below reflect market statistics and values for Q4 2020 only, for Inner East Bay cities and selected neighborhoods in Berkeley and Oakland. These statistics will often be different than those for the full year 2020.  Median sales values can fluctuate for a number of reasons, and are especially prone to do so in markets with low sales volumes.  A dynamic start to the new year: New listing activity was up approximately 50% in January 2021 over January 2020.  Month by month, year-over-year comparison of home sales volumes - illustrating the initial pandemic crash in activity followed by the market rebound that saw monthly sales volumes climb well above the levels of the previous year. To ultimately peak for the year in December - which is very unusual.  January closed-sales volume was up about 50% over January 2020, and the number of listings going into contract (not illustrated below) was up approximately 56% - tremendous jumps in activity. The next chart compares the year-over-year change in sales for homes selling for over and under $2 million. Sales in the higher price segment saw a substantial increase, while sales under $2 million saw a small decline. Neither statistic does justice to the rapidly climbing market activity in the last 4 months of the year.  The big jump in high-price home sales was a common dynamic around most of the Bay Area.  Three classic indicators reflecting the strength of the market in the second half of 2020.  Two of the factors behind the housing market recovery were the dramatic drop in interest rates, and the significant rebound in the stock market - especially in the stock prices of some of our local high-tech giants.  Social Links are not complete Simone Koga Realtor® | DRE #: 01897985   www.SimoneKoga.com M: 415.706.1586 Simone@SimoneKoga.com © Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. marketingcenter-sfbayarea-oaklandberkeleywinecountry

December 2020 East Bay Market Report

Oakland-Berkeley Inner East Bay  Real Estate  A Strange & Challenging Year Begins Winding Down  December 2020 Report  In this report, the Inner East Bay Region consists of the cities of Oakland, Berkeley, Piedmont, Alameda, Albany, Kensington, El Cerrito & Richmond, but the report will sometimes use County data as well.  Though Covid-19 upended many normal seasonal trends this year, the market did begin its typical “holiday season” slowdown in November - however activity remained well above levels of last year. It is unknown how the latest pandemic circumstances may affect the market in December, which is usually by far the slowest month of the year.  More importantly, we hope you and your loved ones stay safe and well during this holiday season.  ------------------------------------- This first chart tracks percentage changes in median house sales price since 1990. It is based upon the Q1 2000 price being indexed to 100: A reading of 50 signifies a median price half that in Q1 2000; 200 means the price has doubled since then. In early 1990, the Alameda County median house price - which tracks quite well with the Inner East Bay as a whole - was about $225,000; it is currently running about $1,050,000.  As illustrated in the next 3 charts, new listings coming on market, the total number of active listings, and the number of listings going into contract all fell in November, as is a typical seasonal trend. And they all can be expected to plunge further in December.  The below chart measures demand as compared to the supply of listings available to buy, i.e., the percentage of listings going into contract each month. By this metric, the Inner East Bay house market has been very strong, and significantly stronger than the market for condos. This house vs. condo divide is similar to the dynamic in San Francisco.  Following are 3 additional, classic measurements of buyer demand. They all reflect very healthy demand since the pandemic hit.  The biggest year-over-year increases in dollar volume sales since the pandemic hit occurred in counties where population densities are lower. Overall, Alameda County saw a small drop, but with each passing month it is getting closer to moving back into positive growth.  Higher price home sales have generally flourished around the Bay Area since May.  Link to our full NorCal Luxury Home Market Report  Highest priced listings on the market in early November, and the highest priced MLS home sales occurring May through October 2020, by Bay Area County.   And interest rates hit yet another all-time low in early December.  Social Links are not complete Simone Koga Realtor® | DRE #: 01897985  www.SimoneKoga.com M: 415.706.1586 Simone@SimoneKoga.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity. marketingcenter-sfbayarea-oaklandberkeleywinecountry

August 2020 East Bay Market Report

The Greater Oakland-Berkeley Inner East Bay Real Estate Market  August 2020 Report  Depending on the statistic and source of data, this report will generally pertain to cities of the "Inner East Bay" but sometimes reference Alameda County data Median Home Sales Price Trends  Around the Bay Area, condo markets have typically been softer than house markets since shelter-in-place first came into effect. (This is especially true in San Francisco, where condos constitute the largest segment of the market.)   Supply & Demand  Active listings on market, listings accepting offers, and closed sales volume by month Sales Volume by City  Bay Area Markets Comparison This table ranks each county by the percentage of active listings going into contract in June/July 2020 - a standard statistic of market heat - compares it to the same period of last year, and then rates the year-over-year change.  The Greater Oakland-Berkeley Inner East Bay market was the hottest in the Bay Area last year, by a substantial margin. Its market remains very strong, similar to last year, but many other county markets saw dramatic year-over-year increases in buyer demand in recent months. This is especially true of less expensive, outlying counties, generally more suburban or rural in nature.  Selected Market Indicators  Price reductions, overbidding asking price, average days on market  Sales of Higher-Price Homes by Month  Home Sales by Era of Construction  Social Links are not complete Simone Koga Realtor® | DRE #: 01897985 |  www.SimoneKoga.com M: 415.706.1586 simone.koga@compass.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

Hello, World!

June 2020 East Bay Market Report

Oakland-Berkeley Inner East Bay Region Real Estate Supply & demand statistics, median sales price trends, sales and values by city and district, the luxury home market, and the dwindling effects of COVID-19 June 2020 Spring Market Report  Depending on the statistic, these charts will reflect trends in the Inner East Bay or for Alameda County. The Inner East Bay is comprised of the cities of Oakland, Piedmont, city of Alameda, Berkeley, Albany, Kensington, El Cerrito and Richmond.  Generally speaking, market activity – as measured by the number of listings going into contract – continued to pick up rapidly in May, bouncing back from the steep plunge following the first shelter in place orders. However, activity in May, which is typically among the busiest selling months of the year, remains well below May 2019. Still, with the easing of shelter in place, as well as the market learning to adjust to new circumstances, it is expected the recovery will continue to surge closer to normal. In fact, based on the strength of buyer demand, some analysts believe the coming months may be busier than in 2019, as sales activity that would have occurred in spring gets pushed into the summer instead.  Interest rates hit another historic low at the end of May.  Some of the more rural and suburban counties have been rebounding more quickly than counties with large urban areas (Oakland, SF, San Jose), which were most impacted by COVID-19. There may be a number of factors at work, which are discussed in a chart within this report. But it is still too soon to reach definitive conclusions about any major demographic shifts: County trends may well merge together again as the recovery continues.  Note: Any statistics derived from closed sales – such as median sales prices, sales volume and days on market – reflect the state of the market 3-6 weeks ago when the offers were negotiated and accepted. They are lagging indicators, and May closed-sales data to a large degree reflects the much softer market in April.  Social Links are not complete The Simone Koga Group Simone Koga Realtor® | DRE #: 01897985 |  www.SimoneKoga.com 415.706.1586 Simone@SimoneKoga.com TiYanna Long, MPA Realtor® | DRE# 02089285 www.UrbanDevelopher.com 510.529.6746 TiYanna@SimoneKoga.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

A SIP Success Story!

My clients were relocating overseas and needed to sell their amazing little home in Oakland's Dimond District. Their original move date shifted by a month. No problem! I had cleaners, painters, stagers, landscapers and photographers coordinated and home prep could start the day they moved out... March 16th. We got as far as cleaning and landscaping. As everyone in the Bay Area hit the pause button on normal life, I took some time to watch and analyze. There was a lot of panic and fear, but what was our market really doing?

When another comparable tiny home (under 900 square feet) in the neighborhood went under contract for $835k (Just a tad below our expectations) despite SIP, I called my sellers for a strategy session to review all their options. They ultimately needed to sell and homes were still moving. At a different pace, yes, but buyers were still out there. We decided to modify preparations (no painting and staging allowed) and list the following week. The sign went up, I blasted emails to the top agents in the area, and made some phone calls to see if I could drum up interest as we waited to go live.

We received two offers before we even hit the MLS!!! I don’t typically advise sellers to accept offers off-market, but these were excellent offers and the future is hazy. A bird in the hand is worth two in the bush, right? Well, two birds in the hand are worth even more! With a little more negotiation (my FAVORITE part of my job), I got my sellers TOP dollar for their home in these extraordinary times. I use a lot of different skills when I sell a home; preparation, marketing, networking, research, strategizing, to name a few. My true value as an agent is in negotiation. I get my clients the results they need so that they can get to where they want to be.

Is it time for you to make a move? Let’s talk! 415-706-1586 or email now at Simome@SimoneKoga.com so we can start planning for your future, to get you where YOU want to be!

May 2020 Alameda County Market Report

Sold! 2005 Damuth Street Dimond District 2bd | 2ba | $900K Chic style meets modern living inside this single-family home close to all the essentials! Classic hardwood floors, recessed lighting, plenty of large windows for a bright and airy feel, and an on-trend neutral color palette features throughout the home. Designed with open living in mind, the layout feels modern and generous in size. The master bedroom is the perfect place to retreat after a long day and is complete with ample closet space and a stunning ensuite with a large shower paired with a gorgeous vanity. Outside, a private fenced backyard is an ideal spot to host guests while taking in cool breezes and soaking up the summer sunshine. This home is perfectly positioned close to transportation, shopping and restaurants. The Simone Koga Group is equipped to handle your array of real estate needs. If you are also ever looking to buy or sell any commercial space, land or investment properties, don't hesitate to reach out.  Hoping you all are safe & healthy, Simone & TiYanna  Alameda County Real Estate Market Begins to Bounce Back - Slowly Market activity begins to tick up after severe shelter-in-place plunge. Median home sales prices are up. Interest rates hit new low. May 2020 Update  ------------ Shelter-in-place caused steep drops in activity across the board in what is typically the busiest selling season of the year. However, though still far below normal levels, activity has been slowly picking up since bottoming out in late March/early April, and will presumably continue to do so with the easing of both shelter-in-place and property-showing rules.  So far, Alameda County median home prices are considerably up year-over-year, but a fair proportion of the sales behind April median sales prices still reflects offers accepted prior to shelter in place.  Interest rates hit a new historic low in the last week of April. Week by Week Supply & Demand Trends  The only way to clearly perceive the recent changes in the market - sudden plunge and the beginning of recovery - is by looking at WEEKLY trends in buyer and seller activity. These are illustrated in this first chart below.  Year-over-Year Changes in Median Home Sales Prices  Generally speaking, the first months of 2020 have been characterized by year-over-year increases - often of significant magnitude - in median home sales prices across the Bay Area. Long-Term Trends in Median Home Prices - 12-Month Rolling Illustration  Monthly Supply & Demand, Year-over-Year Comparisons  The next series of charts reflects the dramatic changes in seller and buyer dynamics by MONTH as compared to spring 2019. These don't illustrate the uptick in activity in the most recent weeks. Remember that closed sales are a slightly lagging indicator of market activity.  Year-over-Year Changes in Luxury Home Markets  Mortgage Interest Rates  Unemployment  We are not going to review the economic news already extensively covered in the media, except for this stark illustration of the unparalleled rise in unemployment. How quickly this horrifying trend can be reversed will probably be the single largest factor behind an economic recovery (after the discovery of a vaccine).   Social Links are not complete Simone Koga Realtor® | DRE #: 01897985  www.SimoneKoga.com 415.706.1586 Simone@SimoneKoga.com.com © Compass 2020 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.

November 2018 East Bay Market Report

Oakland, Berkeley, Piedmont  & City of Alameda Real Estate November 2018 report Autumn markets in counties around the Bay Area have seen significant shifts, but with wide variance in the magnitude of these changes between areas. So far, the market centered on Oakland and Berkeley has probably seen the least dramatic changes in supply and demand dynamics. A major factor has to be that Alameda County, even after all the home price appreciation of recent years, generally speaking remains distinctly more affordable than San Francisco, San Mateo and Santa Clara Counties.  However, the fact that other regions are seeing considerable shifts to cooler markets - at least over the past few months - may signify further adjustments to come in the East Bay as well. Time will tell: Short-term fluctuations are not uncommon and need to be substantiated over the longer term. Many standard statistics are lagging indicators and take time to reflect changes on the ground. They will bear watching in coming months. Median Price Trends since 1996 This first series of 4 charts reflects trends in seasonally adjusted, smoothed, estimated fair market prices. They are not based on MLS sales data and may vary - generally to some small degree - from MLS calculations. Typically, the trend lines are very similar. At the end of this report is another series of graphs looking at median dollar per square foot values. How median values apply to any particular home is impossible to say without a tailored comparative market analysis. Median sales prices are still higher on a year-over-year basis, but appreciation rates appear to be slowing virtually everywhere. In many markets, prices are ticking down from peaks hit last spring. Year-over-Year Comparisons: Median Sales Prices, per MLS House Price Appreciation in  3 Major East Bay Markets Median Values for  Alameda County 2-4 Unit Buildings Oakland, in particular, has a large market in multi-unit residential property sales. Supply & Demand Statistics Other counties around the Bay Area have recently seen some really big changes in supply and demand dynamics, with inventory jumping, sales declining, and other market-heat indicators distinctly cooling - Santa Clara and Sonoma Counties most of all. Generally speaking, these changes have not showed up - or not showed up to comparable magnitudes - in our market area. However, no single market area is an island in the overall Bay Area metro area: If markets continue to soften beyond the short-term everyplace else, then presumably we can expect more changes to show up here. In the greater Oakland-Berkeley market, inventory levels of active listings have remained relatively unchanged from earlier years. For the Bay Area as a whole, home sales suddenly plunged 18% year-over-year in September 2018. In Oakland-Berkeley, they dropped 13% in September, but then rebounded in October to about the same count as in 2017 and well above October 2016.. The average sales price to original list price percentage - one measure of competition between buyers and of overbidding - has dropped from this past spring, as is typical, but remains incredibly high by historical standards: An average of about 12% over asking price in September and October.  Remember that sales in one month mostly reflect the market in the previous one, when the offers were negotiated on the listings that closed sale. If more price reductions are occurring - see chart further below - then they would lower this metric in the future. Thus far, those listings selling this autumn have generally sold relatively quickly. But this statistic is a lagging indicator and won't reflect properties that have not yet sold, perhaps after necessary price reductions.  Historical, comparative data on price reductions is available on a county-wide basis. In Alameda County, the number of price reductions soared to its highest in at least 6 years. However, some nearby counties have been absolutely hammered by price reductions this autumn: A few, such as Santa Clara and Sonoma, saw staggering year-over-year increases over 350% (though 2018 to 2016 comparisons were not as dramatic).  This is an important indicator of changing market conditions, as it signals a growing disconnect between buyer and seller expectations, and will certainly bear watching in coming months. Another critical indicator of a market shifting to another, cooler phase is an increase in the number of listings that expire and withdrawn from the market without selling. Again, such listings are surging in some nearby counties, but the increase so far in our market is relatively negligible. We will see if there are substantial increases in November and December of homes that sellers have not been able to sell at the prices they currently consider acceptable. High-End Home Sales The number of sales of expensive homes selling for $1,500,000+ in August-October 2018 was up 18% from the same period in 2017 - though well below spring sales volumes, when the market was particularly feverish. (Spring is typically the biggest season for luxury home sales.) Interestingly, around the Bay Area, the luxury home market has generally proven more resilient to softening this autumn than the overall market. Median Dollar per Square Foot  Values since 1996 In this first chart below, we have also broken out two areas of Oakland to highlight how cities almost always contain neighborhoods of widely varying values. Piedmont has the highest median prices and dollar per square foot values of any city in the East Bay. (The median price chart is at the beginning of this report.) Simone Koga DRE #: 01897985 415.706.1586 simone.koga@compass.com © Compass 2018 ¦ All Rights Reserved by Compass ¦ Made in NYC Compass is a licensed real estate broker (01991628) in the State of California and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdraw without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. Exact dimensions can be obtained by retaining the services of an architect or engineer. This is not intended to solicit property already listed

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