The standing inventory of listed homes for sale in San Francisco ticked up 20 percent over the past two months as is typical for this time of the year.
That being said, inventory is currently running 4 percent lower on a year-over-year basis, down from 8 percent higher two months ago. Listed sales in April were 7 percent lower on a year-over-year basis (6 percent lower for recorded sales).
Roughly half of the 220 or so single-family homes on the market in San Francisco are currently listed for under a million dollars as are half the 280 condos. Not included in the condo counts are roughly 500 units of unlisted inventory on the market in new developments about town.