CFAH

Despite some industry misanalysis making the rounds at the end of last year, the number of homes on the market in San Francisco has started ticking back up with typical seasonality in play.

In fact, the net number of homes on the market in San Francisco (510) ticked up 9 percent over the past week. And while listed inventory levels are 35 percent lower than at the start of 2021, they’re 25 percent higher than they were prior to the pandemic and over twice as high as they were in January of 2015.

As we outlined at the end of last year, “inventory levels should start ticking up in January and then jump in February/March, as new listing activity picks up and properties that failed to sell in 2021 and were quietly withdrawn from the market are re-listed as “new” in the spring.”

Comments from Plugged-In Readers

  1. Posted by sparky-b

    Looks like there are about 400 condos and 100 SFH. Is that typical to the previous years or is it condo heavy?

    • Posted by SocketSite

      That’s slightly above average for single-family homes with a sharp increase in number of condos, both in the absolute and proportionately.

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