Articles Recently Tagged: San Francisco Home Sales

(105 posts)
Reductions on the Rise as Pace of Home Sales Drops in SF

Reductions on the Rise as Pace of Home Sales Drops in SF

While the number of homes listed for sale in San Francisco hit a seasonal peak last month, inventory levels ticked up 12 percent over the past post-holiday week to 650, which is even with the same time last year. At the same time, the percentage of active listings in... Read More »

Pace of Home Sales in San Francisco is Still Down

While some segments are doing better and others worse, the overall pace of home sales is still down in San Francisco. In fact, recorded sales in the first half of the year will be lower on a year-over-year basis. And despite some reports to the contrary, sales in the... Read More »

Pace of Home Sales in San Francisco Continues to Drop

Having turned negative in mid-May, which led to an effective push in recorded home sales for the month, actual contract activity in San Francisco (versus anecdotal reports of “open house traffic”) has dropped over the past month and is currently running 10 percent lower versus the same time last... Read More »

Bay Area Home Sales and Median Price Are…Down

Bay Area Home Sales and Median Price Are…Down

Following a trend which shouldn’t catch any plugged-in readers by surprise, while the number of single-family homes and condos that traded hands across the greater Bay Area increased a seasonally driven 18.9 percent from April to May, total sales (8,310) were down 2.7 percent on a year-over-year basis. And... Read More »

Record Pipeline of Development in SF (And Building Is Up)

Record Pipeline of Development in SF (And Building Is Up)

With the number of newly proposed units of housing to be built in San Francisco having outpaced the number of units that recently finished up construction for the sixth quarter in a row, the overall pipeline of apartments and condos under development in San Francisco now totals a record... Read More »

Number of Homes for Sale in SF Has Likely Peaked, at Least for Now

Number of Homes for Sale in SF Has Likely Peaked, at Least for Now

While 17 percent higher than at the beginning of the month, the number of homes on the market in San Francisco is now holding at around 700, which is 37 percent higher than in June of 2015 but 3 percent lower than at the same time last year, with the... Read More »

Pace of Home Sales in San Francisco Drops

Down 6.9 percent on a year-over-year basis through the first four months of the year, marking the slowest start to the local market since 2010, home sales in San Francisco ticked up in April. But the pace of sales had already started to slow by early May. And pending... Read More »

Inventory of Homes on the Market in San Francisco Jumps

The inventory of homes actively listed for sale in San Francisco has jumped 18 percent over the past two weeks to 710, driven by a slowdown in sales along with a typical post-Memorial Day uptick in new listing activity. As such, inventory levels are now running 2 percent higher... Read More »

Previously Flipped Nob Hill Condo Now Listed at a Loss

Previously Flipped Nob Hill Condo Now Listed at a Loss

As we outlined in April: Purchased for $1.74 million in May of 2015, renovated (“including all new kitchen, all new bathrooms, a lighting system, hardwood floors and window coverings”) and then successfully flipped for $2.255 million in March of 2016, the 1,789-square-foot unit #202 at 1150 Sacramento Street returned... Read More »

Pace of Home Sales Is Still Down in San Francisco

With the April bump in activity, home sales in San Francisco are only down 6.9 percent on a year-over-year basis through the first four months of the year, marking the slowest start to the local market since 2010. At the same time, while the April bump started to form... Read More »