https://www.mercurynews.com/2019/12/20/four-bay-area-cities-ranked-as-the-coldest-real-estate-markets-in-the-u-s/

Bay Area real estate has long been hailed for its sizzling hot prices, million dollar tear-downs and bidding wars. But a new report from housing website RealtyHop shows that what goes up does tend to come down eventually.

The study investigated the strength of the 100 largest housing markets across the United States. Researchers analyzed over 300,000 real estate listings on RealtyHop to identify the market health of each city based on the median change in asking prices. And it may surprise you to learn that four Bay Area cities got ranked among the weakest real estate markets in the nation. San Francisco was ranked #97 out of 100, the fourth coldest housing market in the country in December. The average listing required a drop of -5.63 percent in order to be taken off of the market. Despite this, the city by the bay continues to be the most expensive housing market in the United States.