Down by 4 percent over the past three weeks, in line with normal seasonality, the inventory of listed homes for sale in San Francisco is back to being down on a year-over-year basis, 2 percent lower for single-family homes and 7 percent lower for condominiums.
At the same time, the percentage of listings which have been reduced in price at least once has ticked up to a little over 20 percent which is even year-over-year.
The number of active listings in San Francisco is currently a third the levels of 2010.