Welcome to another edition of the Artemis Real Estate Newsletter. With a little nip in the air, our first big rainstorm, and the leaves starting to show some color, autumn is officially in full swing! Our beloved Giants will have to wait until next season to make another run at a Championship, but on the plus side, the Warriors are off to an exciting 2-0 start.

On the real estate side of things, the markets are still hot.  Not white-hot as earlier in the year, but a cooler and still formidable red-hot. Million-dollar overbids, which we’re sure you’ve read about in the news, are becoming more common. 201 Berkeley Way, 1248 Stanyan, and 177 Belgrave represent the recent overbid madness. And while we would agree that listing prices don’t mean much, we’ve never seen buyers jump quite this high past listing prices before - a newly emergent trend we’re closely tracking. 

We expect the market to go through its normal holiday quiet period and then 2022 will start off with a bang. Back to white-hot for a few months is expected. People will continue to be in motion, spurred largely by the pandemic, for the foreseeable future.