While the pace of home sales in San Francisco was already starting to slow last month, the slowdown in contract activity has become more pronounced over the past two weeks. In fact, while contact activity in San Francisco was running around 5 percent higher on a year-over-year basis last... 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 »
Following a trend which shouldn’t catch any plugged-in readers by surprise, the number of homes on the market in San Francisco (630) has jumped 25 percent since the Super Bowl. As such, inventory levels in the city are now running 3 percent higher than at the same time last... Read More »
While the pace of home sales in San Francisco started ticking up at the end of last year on a year-over-year basis, having dropped in 2019 overall, keep in mind that said sales were compared to 10 and 11-year lows in San Francisco and the Bay Area at the... Read More »
While the number of homes on the market in San Francisco has stated ticking up, inventory levels are currently running around 15 percent lower than at the same time last year. That being said, the year-over-year decline in inventory levels is currently being driven by an even greater year-over-year... Read More »
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 »
Having peaked at an 8-year high in October, the number of homes on the market in San Francisco has since dropped 40 percent and is now running 13 percent lower than at the same time last year, driven by a combination of normal seasonality, a slowdown in new listing... Read More »
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 »
Having dropped 2.2 percent in September, the seasonally adjusted pace of existing-home sales across the U.S. ticked up 1.9 percent in October to an annual rate of 5.46 million sales, which is 4.6 percent above its mark at the same time last year, according to the National Association of... Read More »
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 »
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