A more complete update next week, but active listed inventory in San Francisco crossed the 1,600 mark for the first time in at least three years last weekend (now up 12.1% on a year-over-year basis) while listed sales activity last week appears to have run roughly 18% off the levels of the year prior (and 43% below the year before that).
SocketSite’s San Francisco Listed Housing Inventory Update: 9/15/08 [SocketSite]

Comments from Plugged-In Readers

  1. Posted by Michael

    Supply up, demand down and prices will continue to follow.

  2. Posted by spencer

    Did your server go down beasue you were trying to upload the complete inventory index (CII)?

  3. Posted by Katy Dinner

    MLS Statistics for the last 2 weeks as of 9/15/08:
    For SFD, Condo & 2-4U for all SF Districts (1-10): up/down statistics are in comparison to the last 2-week
    New Listings 579 — up 125%
    Went Contingent 163 – up 13%
    Went Pending 214 – up 2%
    Solds 191 – down 11%
    Back on Market 74 — up 21%
    Price Reductions 249 – up 37%
    Expired 66 – up 12%
    Withdrawn 91 – down 15%

Comments are closed.

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