Having hit a relative 7-year high last week, the number of homes listed for sale in San Francisco has since ticked up another 8 percent to 680, which is 11 percent more than at the same time last.
At a more granular level, the number of condos listed for sale in the city (460) is now running 11 percent higher on a year-over-year basis while the number of single-family homes (220) is roughly 13 percent higher.
At the same time, the percentage of homes on the market with a price tag of a million dollars or less has dropped to 22 percent, which is 8 percentage points lower than at the same time last year while the overall pace of sales has slowed.