Articles Recently Tagged: Inventory

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New Condo Sales Drop to a Multi-Year Low in San Francisco

New Condo Sales Drop to a Multi-Year Low in San Francisco

At a time of the year when sales typically start ticking up, fewer than twenty contracts for new condominiums in San Francisco were signed last month, which is 67 percent fewer than the month before, 42 percent lower versus the same time last year, and the fewest in any... Read More »

Inventory of Homes for Sale in S.F. Ticks Up Post Presidents Day

Inventory of Homes for Sale in S.F. Ticks Up Post Presidents Day

While slowed by the holiday weekend, the number of single-family homes and condos currently listed for sale in San Francisco ticked up to 510 over the past two weeks, which is 24 percent higher versus the same time last year and the highest post Presidents Day total since 2012... Read More »

Inventory of Homes for Sale in San Francisco Hits a 5-Year High

Inventory of Homes for Sale in San Francisco Hits a 5-Year High

While the overall number of homes listed for sale in San Francisco slipped a little over the past week, it was a smaller than average dip for the week leading up to the Super Bowl.  And the number of single-family homes and condos currently listed for sale in San... Read More »

Existing Home Sales in the U.S. Hit a 10-Year High in 2016

Existing-home sales in the U.S. hit a ten year high in 2016, ending the year with 5.45 million sales versus 5.25 million sales in 2015 and 6.48 million sales in 2006. At the same time, the seasonally adjusted pace of sales dropped 2.8 percent from November to December, which... Read More »

Inventory of Homes for Sale in San Francisco Starts to Climb

Inventory of Homes for Sale in San Francisco Starts to Climb

Having increased by a hundred over the past week, the number of single-family homes and condos currently listed for sale in San Francisco now totals 401, which is 30 percent higher versus the same time last year and the highest mid-January total since 2013. At a more granular level,... Read More »

New Condo Sales Were 25 Percent Lower in San Francisco Last Year

New Condo Sales Were 25 Percent Lower in San Francisco Last Year

While the number of purchase contracts signed for new condominiums in San Francisco ticked up from 32 in November to 55 last month, which was double the number signed in December 2015, the number of contracts signed in 2016 totaled 702 which was a quarter fewer than the 940... Read More »

Inventory of Homes for Sale in SF Starts 2017 at a Four-Year High

Depleted by listings which were withdrawn from the MLS over the holidays, many of which are likely to soon return to the market as “new,” perhaps with unofficial price reductions as well, the inventory of homes listed for sale in San Francisco currently totals 255. While that might seem... Read More »

Pace of Existing Home Sales in the U.S. Nears a Ten-Year High

Having ticked up 2.0 percent in October, the seasonally adjusted pace of existing-home sales in the U.S. inched up another 0.7 percent in November to an annual rate of 5.61 million sales, the strongest pace since a 5.79 million pace in February 2007 and 15.4 percent higher versus the... Read More »

Twice as Many Homes on the Market in SF with Reduced Prices

There are currently 42 percent more single-family homes and condos actively listed for sale in San Francisco (500) than at the same time last year and over twice as many for which the asking price has been reduced at least once (140). At a more granular level, the number... Read More »

New Condo Sales Slip in San Francisco, Price Index Ticks Up

New Condo Sales Slip in San Francisco, Price Index Ticks Up

The number of purchase contracts signed for new condominiums in San Francisco dropped to 32 in November, down from 110 in September and 20 percent lower versus the same time last year. And while the inventory of available units dropped to 1,058 on the 32 signatures, it remains 84... Read More »