While the absolute number of homes listed for sale in San Francisco is unchanged versus the same time last week, overall inventory levels are now running 16 percent higher versus the same time last year (YOY), up from 10 percent higher last week and with the typical post-Super Bowl surge still a week away.

At a more granular level, the number of listed single-family homes on the market (123) is currently 7 percent lower than at the same time last year (versus 19 percent lower two week ago) while the number of listed condos (241), which doesn’t include the vast majority of new construction units, is running 32 percent higher, up from 25 percent higher last week.

Expecting the pace of new listings, and overall inventory levels, to accelerate following the Super Bowl and steadily climb through June or July before retreating for the annual summer slowdown.

Comments from Plugged-In Readers

  1. Posted by Jack

    Hopefully this means prices in 2016 will only go up 5-7% instead of 2015’s 15%! Praying! I don’t want to rent my 2/2 anymore for $4,500 a month.

  2. Posted by MyOddCOmmentHandle

    what’s the over/under for how many new SFR listings hit the SF market in the 2 weeks following the Super Bowl?

    up to $1M is around 57-60 now. i bet it jumps to at least 80-90 before the end of Feb.

    i’m pocket listing mine already and gonna throw it on the MLS when the froth becomes sufficient.

Add a Comment

Your email address will not be published.

Recent Articles