Articles Recently Tagged: Inventory

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Pricing Index for New Condos in San Francisco Hits a 3-Year Low

Pricing Index for New Condos in San Francisco Hits a 3-Year Low

While sales activity for new condos in San Francisco dropped 27 percent from May to June with the start of a typical summer slowdown in play, the number of purchase contracts signed last month (53) was 66 percent higher on a year-over-year basis, according to sales data from The... Read More »

Inventory of Homes for Sale in S.F. Appears to Have Plateaued

Inventory of Homes for Sale in S.F. Appears to Have Plateaued

With supply (new listings) roughly even with demand (sales) over the past three months, the number of single-family homes and condos currently listed for sale in San Francisco now totals 593, which is 3.6 percent lower than at the beginning of April and 26.2 percent lower than at the... Read More »

Pricing for New Condos in S.F. Slips along with Sales and Inventory

Pricing for New Condos in S.F. Slips along with Sales and Inventory

While sales activity for new condos in San Francisco doubled from April to May with seasonality in play, versus tripling from April to May last year, the number of purchase contracts signed last month (73) was 36 percent lower on a year-over-year basis, according to sales data from The... Read More »

New Condo Sales and Pricing Drop in San Francisco

New Condo Sales and Pricing Drop in San Francisco

While sales activity for new condos in San Francisco has typically ticked up from March to April, the number of purchase contracts signed last month (35) was 62 percent lower than the month before and 17 percent lower versus the same time last year. At the same time, the... Read More »

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

Having slipped 3.7 percent in February, the pace of existing-home sales in the U.S. ticked up 4.4 percent in March to a seasonally adjusted annual rate of 5.71 million transactions, the highest pace since the 5.79 million sale pace recorded in February 2007 and 5.9 percent above the pace... Read More »

Inventory of Homes for Sale in S.F. Nearing a Six-Year High

Inventory of Homes for Sale in S.F. Nearing a Six-Year High

Having ticked up another 6 percent over the past four weeks, the number of single-family homes and condos currently listed for sale in San Francisco now totals 615, the highest total at the beginning of April since 2012, at which point there were 658, and 10 percent higher versus... Read More »

Existing Home Sales Slip in the U.S.

Having ticked up 3.3 percent in January, the pace of existing-home sales in the U.S. dropped 3.7 percent in February to a seasonally adjusted annual rate of 5.48 million transactions. But the pace of sales remains 5.4 percent above the pace at the same time last year. At the... Read More »

New Condo Pricing Continues to Drop in San Francisco

New Condo Pricing Continues to Drop in San Francisco

While the number of purchase contracts signed for new condominiums in San Francisco quintupled from 18 in January to 95 in February with plenty of seasonality in play, the sales volume was down 25 percent versus the same time last year and is running 7 percent lower over the... Read More »

Demand Really Dropped in San Francisco but Not Around the Bay

Demand Really Dropped in San Francisco but Not Around the Bay

Seeking to rationalize the recent drops in recorded home sales in San Francisco, a lack of inventory, seasonality and changes in the mortgage market which shifted sales at the end of 2015 have all been invoked to explain it away with the wave of a hand. So let’s take... Read More »

Inventory of Homes for Sale in S.F. On the March (Up)

Inventory of Homes for Sale in S.F. On the March (Up)

The number of single-family homes and condos currently listed for sale in San Francisco ticked up 13 percent over the past two weeks to 580, the highest total at the beginning of March since 2012 (at which point there were 718) and 13 percent higher versus the same time... Read More »