Articles Filed Under: RealRecentReductions

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Number of Homes for Sale in S.F. Hits a Two-Decade High

Number of Homes for Sale in S.F. Hits a Two-Decade High

Following a trend which shouldn’t have caught any plugged-in readers by surprise, as its basis was in place prior to the pandemic having hit, the number of homes on the market in San Francisco, net of all sales, both pending and closed, has just ticked over 2,000 for the... Read More »

Reduced Rents and Pricing for a Prized View Condo

Reduced Rents and Pricing for a Prized View Condo

Purchased from the sales office for $3,149,500, or roughly $2,003 per square foot, back in June of 2016, the “highest and largest” two-bedroom, two-bath unit in the Lumina tower at 338 Main Street, unit #35A, was then listed for $3,449,000 in March of 2017 while alternatively being offered for... Read More »

Asking Prices Drop in San Francisco, Expectation Gap as Well

With the number of homes on the market in San Francisco nearing a two-decade high, a move which shouldn’t have caught any plugged-in readers by surprise, and the asking price for a third of said homes having been reduced at least once, the average price per square foot of... Read More »

Single-Family Home Inventory Just Hit a 9-Year High in S.F.

Despite some misreports to the contrary, the market for single-family homes in San Francisco hasn’t become detached from the market for condos. While the market for condos tends to be more volatile, with higher highs, lower lows and faster swings between the two, it remains a leading indicator for... Read More »

Reduced Listings Hit a 10-Year High in San Francisco

With the number of homes on the market in San Francisco nearing a two-decade high and the percentage of homes on the market with a list price that has been reduced at least once having ticked up to 31 percent, which is 14 percentage points, or roughly 80 percent,... Read More »

Number of Homes for Sale in S.F. Nearing A Two-Decade High

Number of Homes for Sale in S.F. Nearing A Two-Decade High

Having jumped over 20 percent in September, a move which shouldn’t have caught any plugged-in readers by surprise, the number of homes on the market in San Francisco, net of all sales, both pending and closed, has just ticked up to 1,900 for the first time in a decade... Read More »

Exceptional West SoMa Loft Finally Secures an “At Asking” Sale

Exceptional West SoMa Loft Finally Secures an “At Asking” Sale

Purchased for $1.135 million in March of 2015, the “exceptional TOP-FLOOR” unit #28 with “soaring double height ceilings” in the award-winning brick & timber live/work loft building at 380 10th Street returned to the market priced at $1.199 million this past April, a sale at which would have represented... Read More »

Number of Homes for Sale in San Francisco Jumps

Number of Homes for Sale in San Francisco Jumps

Having ticked up another 8 percent over the past week, the number of homes on the market in San Francisco, net of new sales and contract activity, has jumped over 15 percent since the end of August and crossed over the 1,800 mark for the first time in a... Read More »

Number of Reduced Listings Nearing a 10-Year High in S.F.

With the gap between the average list price per square foot of the homes on the market in San Francisco and those which are in contract having doubled over the past month, the percentage of homes on the market with a list price that has been reduced at least... Read More »

Number of Homes for Sale in San Francisco Continues to Tick Up

Number of Homes for Sale in San Francisco Continues to Tick Up

The number of homes on the market in San Francisco, net of new sales and contract activity, ticked up another 5 percent over the past week to 1,680, representing 85 percent more inventory on the market than at the same last year and a new 10-year high in the... Read More »