Average Asking Price Per Square Foot in S.F. Ticks Down

With the number of homes on the market in San Francisco (i.e., inventory) still ticking up from a 13-year seasonal high and poised to jump over the next couple of months, the average asking price per square foot of the homes on the market has ticked down another percent over the past week and is now 4 percent lower than at the same time last year, back under $1,000 per square foot and a little over 10 percent below peak.