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Northern California Real Estate Expectations For 2021

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The Northern California real estate market had a busy 2020 and is looking to an even more active 2021. Read the insights and expectations for the area in 2021 from expert members of the Haute Residence network of top real estate professionals here.

Dana Bambace And Mark Peterson

859 Ocean View Blvd, Pacific Grove, CA 93950, listed by Dana Bambace and Mark Peterson of the Bambace Peterson Team

Photo Credit: Adam Brioza

"Pebble Beach and Carmel will continue to perform strongly in 2021 building on the market velocity and rising prices of 2020. We don’t see anything slowing down. People are craving the ability to get outside and recreate all-year-round and love the comfort of a smaller community setting with modern amenities. That combined with our close proximity to the economy of the Bay Area will keep the Monterey Peninsula as a top choice for primary and secondary residences." - Mark Peterson, Pebble Beach/Carmel, CA.

northern california real estate 1

639 Turnbuckle Drive #1502, Redwood City, CA 94063, listed by Kelly Ringer-Radetich

Photo Credit: Aerial Canvas

“'Blessed' is how I feel and look at Real Estate in Redwood City and the surrounding Peninsula.  2021 will continue to be impressive with low-interest rates and eager buyers.  Single-family homes still see multiple offers and the slow down in the condo and townhome market is still moving at a reasonable pace.  Safety with clients is still a priority as we adjusted and maintained a stellar market which will continue into 2021 with prices still going up.  Wishing you all a Happy Holiday and a Healthy, Joyful and Prosperous 2021!" - Kelly Ringer-Radetich, Redwood City, CA.

Mark Salmon

635 Lakeview Dr, Zephyr Cove, NV 89448, listed by Mark Salmon

Photo Credit: Peter Tye

“With the widespread adoption of remote work due to the COVID-19 pandemic, we continue to see a mass exodus from San Francisco/Silicon Valley – one of the wealthiest regions in the world – of buyers coming to the azure blue waters of Lake Tahoe to purchase homes.  While tech giants continue to dangle the ultimate perk of being able to work from home indefinitely, the migration will continue to maintain our exceptionally robust market through 2021.” - Mark Salmon, South Tahoe, CA.

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