As we outlined yesterday, while the net number of homes on the market in San Francisco (i.e., inventory) is currently unchanged, month-over-month and year-over-year, it’s not due to a jump in demand. In fact, pending home sales in San Francisco, which were down an average of 40 percent on... Read More »

While the net number of homes on the market in San Francisco has held over the past month and now year-over-year, it’s important to understand that the “holding pattern” is being driven by a sharp drop in the number of condos and single-family homes that are being listed for... Read More »

While 35 percent fewer condos and single-family homes have been newly listed for sale over the past week and month than over the same periods of time last year, the net number of single-family homes and condos on the market (i.e., inventory) is still 2 percent higher, year-over-year; 25... Read More »

Once again, despite a pronounced slowdown in the relative number of condos and single-family homes that have been newly listed for sale over the past three weeks, a slowdown that has been driven by sellers either being unable or unwilling to accept an ongoing drop in values, the net... Read More »

The weighted average asking rent for an apartment in San Francisco inched up less than a percent in February to $3,575 per month, which is 7 percent higher than at the same time last year, driven by an uptick in asking rents for three-plus-bedroom units, but still 13 percent... Read More »

Despite a pronounced slowdown in the relative number of condos and single-family homes newly listed for sale over the past two weeks, driven by sellers either being unable or unwilling to accept an ongoing drop in values, the net number of homes on the market in San Francisco has... Read More »

At a time of the year when home sales typically start ramping up, the net number of homes in contract to be sold across San Francisco was unchanged over the past week and is now 41 percent lower than at the same time last year, which remains right in-line... Read More »

The net number of condos and single-family homes listed for sale in San Francisco, which is set to climb, ticked up another 7 percent over the past week despite a year-over-year drop in new listing activity, driven by a pronounced decline in sales activity. In fact, the net number... Read More »

The net number of condos and single-family homes listed for sale in San Francisco (830) inched down 2 percent over the past week, which is typical for the week preceding Super Bowl Sunday, but remains 7 percent higher than at the same time last year, 30 percent higher than... Read More »

Having slipped at the end of last year with typical seasonality in play, the weighted average asking rent for an apartment in San Francisco ticked up 2 percent in January to $3,550 per month, which was less than 5 percent higher than at the same time last year and... Read More »