Inventory of Active listed single-family homes, condos, and TICs in San Francisco increased 5% over the past two weeks and is currently running 36% higher on a year-over-year basis. Keep in mind that our listed inventory count does not include listings in any stage of contract (even those which are simply contingent) nor do they include multi-family listings (unless the units are individually listed).
And once again, while recorded sales activity was off by a little over 20% last month (on a year-over-year basis), listed sales activity was off by over 30%.
∙ SocketSite’s San Francisco Listed Housing Inventory Update: 4/14/08 [SocketSite]
∙ San Francisco Recorded Sales Activity In March: Down 20.6% YOY [SocketSite]