Articles Recently Tagged: Price Reductions

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2019 Ends with Fewer Homes for Sale in SF, Pending Sales Up

2019 Ends with Fewer Homes for Sale in SF, Pending Sales Up

With only a handful of homes having been newly listed for sale over the past week and the seasonal culling of unsold listings – most of which are likely return to the market as “new” in the new year – having peaked, the number of homes officially listed for... Read More »

Reductions on the Rise, Let us Count the Ways…

With roughly 29 percent of the homes currently listed for sale in San Francisco have been reduced at least once, which is three percentage points higher than at the same time last year, we turn our attention to the various verbiage and positioning now in play. There’s the straightforward... Read More »

Reduced Listings Tick Up in SF, Pending Sales as Well

The share of homes currently listed for sale in San Francisco that have undergone at least one price reduction has ticked up to 32 percent, which is 5 percentage points higher than at the same time last year and the highest percentage of listings with an official price cut... Read More »

Reductions Continue to Rise in SF as Inventory Levels Drop

Reductions Continue to Rise in SF as Inventory Levels Drop

Having peaked last month at an 8-year high, as expected, the number of homes on the market in San Francisco has since dropped a seasonally driven 19 percent to 840 and is currently running 3 percent lower than at the same time last year. At the same time, the... Read More »

Prevalence of Price Cuts on the Rise in San Francisco

As is typical for early November, the number of homes on the market in San Francisco has ticked down 2 percent over the the past week to 930, which is dead even with the same time last year. At a more granular level, the number of condos listed for... Read More »

Number of Homes on the Market in San Francisco Ticks Down

The number of homes on the market in San Francisco (950) ticked down 6 percent over the past week as is typical for this time of the year. But overall inventory levels remain 1 percent higher on a year-over-year basis and are holding at an 8-year seasonal high. At... Read More »

Inventory Levels Start to Wane, Reductions Continue to Rise

Having hit its seasonal peak and an absolute 8-year high last week, which shouldn’t have caught any plugged-in readers by surprise, the number of homes on the market in San Francisco has since ticked down 3 percent to 1,010 but remains 4 percent higher than at the same time last year.... Read More »

Inventory Levels Inch Up, Reductions on the Rise

With the number of homes newly listed for sale over the past week having outpaced the number of new contracts written, the inventory of homes on the market in San Francisco has ticked up one (1) percent to 1,040, which is 8 percent higher than at the same time... Read More »

Number of Homes for Sale in San Francisco Has Likely Peaked

Number of Homes for Sale in San Francisco Has Likely Peaked

Having hit an 8-year high last month, the number of homes on the market in San Francisco has since ticked up another 5 percent to 1,030, which is 6 percent higher than at the same time last year. While the year-over-year gain in inventory levels is still being driven... Read More »

Inventory of Homes on the Market in San Francisco Holds

With the number of homes newly listed for sale over the past week roughly matching the number of homes sold, the inventory of homes on the market in San Francisco held at an 8-year high of 1,010, which is 6 percent higher than at the same time last year.... Read More »