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Articles Recently Tagged: Expectation Gap

(9 posts)

Stickiness of Home Prices in San Francisco Is Slipping

Having dropped to its lowest level in five years last week, the average price per square foot of the homes which are in contract in San Francisco, which is a leading indicator, has since ticked down another two (2) percent to under $840 per square foot, which is 17... Read More »

Expectation Gap Widens in San Francisco

Despite the fact that the average list price per square foot of homes on the market in San Francisco is already 10 percent lower than at the same time last year, with over a third of the homes on the market having been reduced at least once, the expectation... Read More »

Listings Down in San Francisco, Sales Too

With new listing activity in San Francisco having dropped over 30 percent on a year-over-year basis over the past six weeks, the net number of homes for sale across the city is still 40 percent lower than at the same time last year, but with 50 percent more homes... Read More »

Average Price in San Francisco Drops, Expectation Gap Down

Down 3 percent since the start of the year, the average list price per square foot of the homes on the market in San Francisco is back under $1,000 per square foot. And with the drop in the average list price per square foot, the expectation gap between the... Read More »

Contract Activity Up Along with Inventory, Expectation Gap Down

While there are roughly 60 percent more homes in contract across San Francisco (500) than there were at the same time last year, there are still 50 percent mores on the market (940) and 130 percent more listings for sub-million dollar homes (350). And while the “expectation gap” between... Read More »

Seasonal Culling of Unsold Inventory is Underway

Seasonal Culling of Unsold Inventory is Underway

With a typical slowdown in new listing activity and seasonal culling of unsold listings, which are likely return to the market as “new” in the New Year, underway, the net number of homes listed for sale in San Francisco dropped another 7 percent over the past week to 1,410,... Read More »

Highest Share of Reduced Listings in S.F. Since 2011

While the number of homes on the market in San Francisco has dropped 16 percent over the past two weeks with typical seasonality in play, inventory levels are now up over 130 percent on a year-over-year basis and climbing, versus 95 percent higher on a year-over-year basis when inventory... Read More »

Asking Prices Drop in San Francisco, Expectation Gap as Well

With the number of homes on the market in San Francisco nearing a two-decade high, a move which shouldn’t have caught any plugged-in readers by surprise, and the asking price for a third of said homes having been reduced at least once, the average price per square foot of... Read More »

Expectation Gap is Growing in San Francisco

With the number of homes on the market in San Francisco poised to jump, the percentage of listings with an asking price that has been reduced at least once has ticked up to 31 percent, which is 19 percentage points higher than at the same time last year and... Read More »