Having plummeted 40 percent last week, the number of homes on the market in San Francisco has since dropped another 14 percent to 390, which isn’t zero but is 37 percent fewer than at the same time last year, driven by a combination of listings being withdrawn from the... Read More »

With new listing activity and inventory levels having plummeted, and the pace of home sales having sharply dropped, the percentage of homes on the market in San Francisco with at least one official price cut – which doesn’t include properties that were withdrawn from the MLS and then re-listed... Read More »

Having dropped 20 percent in the first few days following San Francisco’s stay at home order having been issued, the number of homes on the market in San Francisco has now dropped 40 percent from the 9-year high it briefly hit last week. The sharp reduction in inventory levels... Read More »

Having hit a 9-year high at the beginning of the week, prior to the COVID-19 related stay at home order having been issued in San Francisco and the Dow having dropped an additional 15 percent, for a total drop of over 30 percent since mid-February, the number of homes on... Read More »

Continuing to follow a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco has jumped 50 percent since the Super Bowl to 750.  And in fact, inventory levels are now running 17 percent higher than at the same time... Read More »

Having hit a relative 7-year high last month, the number of homes on the market in San Francisco (730) has since climbed another 15 percent and listed inventory levels are now running 17 percent higher than at the same time last. At a more granular level, the number of... Read More »

Having hit a relative 7-year high last month, the number of homes on the market in San Francisco (690) has since ticked up another 9 percent and inventory levels are now running 15 percent higher than at the same time last year. At a more granular level, the number... Read More »

Having ended last year on an upward trajectory, the pace of new single-family home sales in the U.S. gained another 7.9 percent in January to a seasonally adjusted annual rate of 764,000 sales and is now running 18.6 percent higher than at the same time last year. At the... Read More »

Having hit a relative 7-year high last week, the number of homes listed for sale in San Francisco has since ticked up another 8 percent to 680, which is 11 percent more than at the same time last. At a more granular level, the number of condos listed for... Read More »

Having rebounded 3.6 percent in December, the seasonally adjusted pace of existing-home sales across the U.S. slipped 1.3 percent in January to an annual rate of 5.46 million sales, according to the National Association of Realtors.  That being said, the current pace of sales is still 9.6 percent higher... Read More »