Articles Recently Tagged: Inventory

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Most Sub-Million Dollar Homes on the Market in S.F. Since 2016

Most Sub-Million Dollar Homes on the Market in S.F. Since 2016

The number of homes on the market in San Francisco, net of new sales, continues to climb and just crossed the 1,200 mark for the first time in 9-years. In fact, there are now 90 percent more homes on the market than at the same time last year and... Read More »

Reductions on the Rise

The percentage of homes on the market in San Francisco which have undergone at least one official price reduction is currently running around 21 percent, which is six (6) percentage points, or roughly 39 percent, higher than at the same time last year. And with inventory levels up 60... Read More »

Pace of Existing-Home Sales Down Nearly 30 Percent Nationwide

Pace of Existing-Home Sales Down Nearly 30 Percent Nationwide

Having plummeted nearly 18 percent in April, the seasonally adjusted pace of existing-home sales across the U.S. dropped another 9.7 percent in May to an annual rate of just 3.91 million sales. As such, the current pace of sales is now down 26.6 percent on a year-over-year basis according... Read More »

Number of Homes on the Market in S.F. Continues to Climb

Number of Homes on the Market in S.F. Continues to Climb

Having hit a 9-year high in the absolute last week, the number of homes on the market in San Francisco has continued to climb and now totals 1,140, representing 60 percent more inventory than at the same time last year and 110 percent more inventory than in 2015 as... Read More »

Most Homes on the Market in San Francisco in Nine Years

Most Homes on the Market in San Francisco in Nine Years

While the number of homes newly listed for sale in San Francisco having outpaced the number of purchase contracts that were inked for the ninth week in a row, there are now 1,050 homes listed for sale across the city. That’s not only a 9-year seasonal high but a... Read More »

Number of Homes in Contract in S.F. Nearly Even YOY, But…

With purchase activity having started to rebound last month, the number of homes in contract to be sold across San Francisco is now back to within 5 percent of its mark at the same time last year. That being said, the pace of sales has been down an average... Read More »

Inventory Levels in San Francisco Nearing Another Milestone

Inventory Levels in San Francisco Nearing Another Milestone

With the number of homes newly listed for sale in San Francisco having outpaced the number of purchase contracts that were inked for the eighth week in a row, there are now 1,000 homes listed for sale across the city. That’s 40 percent more inventory than at the same... Read More »

Pace of Home Sales in San Francisco Still Down

Having hit its pandemic driven nadir at the end of April, when pending home sales were down nearly 50 percent on a year-over-year basis in San Francisco, the pace of sales started to rebound in mid-May. But the current pace of contract signings is still down over 20 percent... Read More »

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

While the pace of home sales in San Francisco has started to rebound, new listing activity continues to outpace the number of new purchase contracts being written. As such, the number of homes listed for sale across the city, net of new sales, ticked up another 7 percent over... Read More »

Pace of New Home Sales Holds with a Sales Price Drop

Pace of New Home Sales Holds with a Sales Price Drop

Having dropped (an upwardly revised) 13.7 percent in March, the pace of new single-family home sales in the U.S. was effectively unchanged in April (up 0.6 percent), for a seasonally adjusted annual rate of 623,000 sales (which is 6.2 percent lower than at the same time last year). But... Read More »