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Articles Recently Tagged: Inventory

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Listed Inventory Is Down 40 Percent in San Francisco, But…

Driven by a continued drop in new listing activity, as is typical for this time of the year, the net number of homes for sale across San Francisco ticked down another 4 percent over the past week to 910. As such, listed inventory levels are now down nearly 40... Read More »

Pending Home Sales Slip Despite an Uptick in Inventory

Pending Home Sales Slip Despite an Uptick in Inventory

Having rebounded in May, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity dropped 1.9 percent in June to 112.8 and is down 1.9 percent on a year-over-year basis, a move which shouldn’t catch any plugged-in... Read More »

New Home Inventory in the U.S. Is Nearing a 13-Year High

New Home Inventory in the U.S. Is Nearing a 13-Year High

The seasonally adjusted pace of new single-family home sales in the U.S. dropped 6.6 percent in June to an annualized rate of 676,000 sales, which is 19.4 percent lower than at the same time last year, down 31.9 percent since the start of this year and the slowest pace... Read More »

Number of Homes on the Market in S.F. Ticks Down, Pricing Too

Driven by a drop in listing activity, as is typical for this time of the year, the net number of homes on the market across San Francisco ticked down 4 percent over the past week to 950. And as such, listed inventory is now down 30 percent on a... Read More »

Rebound in S.F. Rents Slows, Still Down Over 20 Percent

Rebound in S.F. Rents Slows, Still Down Over 20 Percent

Having rebounded a combined 6 percent in May and June, the weighted average asking rent for an apartment in San Francisco has since ticked up around (1) percent to $3,275 per month. As such, the average asking rent for an apartment in the city is still over 20 percent... Read More »

Pace and Price of Existing Home Sales in the U.S. Tick Up, But…

Pace and Price of Existing Home Sales in the U.S. Tick Up, But…

Having dropped to an 11-month low in May, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.4 percent in June to an annual rate of 5.86 million sales, which was 22.9 percent higher than in June of last year, when pandemic-driven stay home orders were... Read More »

Inventory Inches Up in S.F., Price Per Square Foot Down

Inventory Inches Up in S.F., Price Per Square Foot Down

With the number of homes that were listed for sale in San Francisco over the past week having outpaced the number of purchase contracts that were written, the net number of homes on the market in the city ticked up 2 percent to 990, representing 28 percent fewer listings... 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 »

Number of Homes on the Market in SF Ticks Up (and Down)

With listing activity having hit a nine-month high in San Francisco following the holiday weekend, and sales activity in the city having ticked down another 3 percent, the number of homes on the market in San Francisco ticked up 16 percent over the past week to 970, which is... Read More »

Pending Home Sales Drop to a 4-Month Low in San Francisco

While the number of homes on the market in San Francisco has ticked up to a six-month high, the number of properties in contract across the city (i.e., pending home sales) has ticked down to a four-month low, having dropped 25 percent since mid-April. At the same time, the... Read More »