Having held last week, the net number of homes listed for sale in San Francisco (i.e., listed inventory) has since ticked up 17 percent to around 500, which is still 15 percent lower than at the same time last year but up significantly from a 40 percent drop on a year-over-year basis at the end of March after San Francisco’s first stay-at-home order was issued.
At the same time, the pace of home sales across the city, which was down 40 percent on a year-over-year basis last week, has continued to drop (along with employment).