The net number of condos and single-family homes listed for sale in San Francisco ticked up 10 percent over the past week and is currently running 20 percent higher than at the same time last year and 60 percent higher than average over the past decade.

At the same time, pending home sales in San Francisco are down over 40 percent on a year-over-year basis and have dropped to their lowest level in over six years, as projected, with the average list price per square foot of the homes which are in contract, which has dropped under $900 per square foot, currently down 10 percent on a year-over-year basis and 15 percent lower than last year’s peak.

6 thoughts on “Inventory Up, Home Sales and Prices Down in San Francisco”
      1. That’s in the cards for sure. And we pretty much voted to tax ourselves on every measure this past fall as well. The pensions black hole is going to come progressively due in 2024-2025 for sure. Never mind nearly every SF city and county department sucks at the job, and the quality of life has gone down. Naaah. Give them all pensions, pensions, pensions. Ironically there will probably be layoffs to pay for pensions. (see name link)

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