Listed Housing Inventory Slips But Remains Higher Year-Over-YearSeptember 28, 2015
With an uptick in single-family home sales last week, the overall inventory of residential properties for sale in San Francisco (675) slipped 2 percent from the week before but remains 8 percent higher versus the same time last year.
The inventory of listed condos on the market in San Francisco (401) is running 19 percent higher than at the same time last year while the inventory of single-family homes (274) is 6 percent lower, 42 percent of which are listed for less than a million dollars.
The overall number of residential properties listed for sale over the past week was 5 percent higher than the same week last year.
Comments from Plugged-In Readers
8% higher inventory than last year is not huge, especially considering that last year’s inventory was one of the lowest in recent years.
It would be interesting to know how many of the condo inventory is new construction.
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