Articles Recently Tagged: Inventory

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Inventory Levels Start Ticking Back up, Poised To Climb

Inventory Levels Start Ticking Back up, Poised To Climb

Having dropped at the end of last year with a typical culling of unsold listings and seasonal slowdown in play, along with nearly twice as many homes in contract than there were at the end of 2019, the number of homes listed for sale in San Francisco (880) has... Read More »

2020 Ended With Inventory Up Nearly 3X in San Francisco

2020 Ended With Inventory Up Nearly 3X in San Francisco

While the net number of homes listed for sale dropped around 45 percent over the past month in San Francisco, as was to be expected with a seasonal culling of unsold listings underway, inventory levels are still up nearly 3x on a year-over-year basis, with 200 percent more condos... Read More »

Pending Home Sales Tick Down 2.6 Percent Nationally

Pending Home Sales Tick Down 2.6 Percent Nationally

Having slipped one (1) percent in October, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked down another 2.6 percent in November to 125.7 but is still 16.4 percent above its mark at the same... Read More »

Pace of Home Sales in the U.S. Slips, Mix Drives Median Price Up

Pace of Home Sales in the U.S. Slips, Mix Drives Median Price Up

Having hit a 14-year high in October, the seasonally adjusted pace of existing-home sales across the U.S. slipped 2.5 percent in November to an annual rate of 6.69 million sales, which is still 25.8 percent higher than at the same time last year but represents the first slip since... Read More »

Inventory Down in the Absolute but Up Nearly 3X Year-Over-Year

With the seasonal culling of unsold inventory in full swing, the net number of homes listed for sale in San Francisco dropped another 13 percent over the past week to 1,090 and will likely drop another 25-30 percent through the end of the year before climbing in January. That... Read More »

Share of Sub-Million Dollar Listings Jumps in San Francisco

With a seasonal culling of unsold inventory underway, the net number of homes listed for sale in San Francisco dropped 12 percent over the past week to 1,250 and will likely drop another 40 percent through the end of the year. That being said, inventory levels are now running... Read More »

Seasonal Culling of Unsold Inventory is Underway

Seasonal Culling of Unsold Inventory is Underway

With a typical slowdown in new listing activity and seasonal culling of unsold listings, which are likely return to the market as “new” in the New Year, underway, the net number of homes listed for sale in San Francisco dropped another 7 percent over the past week to 1,410,... Read More »

Highest Share of Reduced Listings in S.F. Since 2011

While the number of homes on the market in San Francisco has dropped 16 percent over the past two weeks with typical seasonality in play, inventory levels are now up over 130 percent on a year-over-year basis and climbing, versus 95 percent higher on a year-over-year basis when inventory... Read More »

Pending Home Sales in the U.S. Slip One Percent

Pending Home Sales in the U.S. Slip One Percent

Having slipped 2.2 percent in September from an all-time high in August, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked down another 1.1 percent in October to 128.9 but remains 20.2 percent above its... Read More »

Pace of New Home Sales in the U.S. Slips, Inventory Holds

Pace of New Home Sales in the U.S. Slips, Inventory Holds

Having been upwardly revised for a 0.1 percent gain in September, the seasonally adjusted pace of new single-family home sales in the U.S., which hit a 14-year high in August, slipped 0.3 percent in October to an annualized rate of 999,000 sales, representing the first month-over-month decline in the... Read More »