With the number of new listings having outpaced the number of new contracts written over the past week, the total number of homes on the market in San Francisco ticked up 5 percent in the absolute to 990. As such, overall inventory levels are now 45 percent higher than... Read More »

While the number of homes officially on the market in San Francisco (950) has only ticked up a few percent over the past few weeks, driven by new contract activity, overall inventory levels are still 50 percent higher than at the same time last year (versus down nationwide) and... Read More »

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 »

As we first outlined last week, while the weighted average asking rent for an apartment in San Francisco has been holding at around $3,100 a month, listing activity (i.e., availability) has inched up. And on a year-over-year basis, which takes into account seasonality, asking rents have actually continued to... Read More »

The seasonally adjusted pace of new single-family home sales in the U.S., which hit a 14-year high in July/August, has since dropped 14 percent to an annualized rate of 842,000 sales at the end of December but remains 15.2 percent higher than at the same time last year, and... Read More »

With the number of homes on the market in San Francisco having started to tick up following a typical seasonal slowdown and culling of unsold listings at the end of last year, the number of single-family homes listed for sale jumped 36 percent over the past week to just... Read More »

Having slipped 2.5 percent in November, the seasonally adjusted pace of existing-home sales across the U.S. inched up 0.7 percent in December to an annual rate of 6.76 million sales, up 22.2 percent on a year-over-year basis with annual sales at a 14-year high, according to the National Association... Read More »

Having dropped at the end of last year with a typical culling of unsold listings and seasonal slowdown in play, along with nearly twice as many homes in contract than there were at the end of 2019, the number of homes listed for sale in San Francisco (880) has... Read More »

While the net number of homes listed for sale dropped around 45 percent over the past month in San Francisco, as was to be expected with a seasonal culling of unsold listings underway, inventory levels are still up nearly 3x on a year-over-year basis, with 200 percent more condos... Read More »

Having slipped one (1) percent in October, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked down another 2.6 percent in November to 125.7 but is still 16.4 percent above its mark at the same... Read More »