Articles Recently Tagged: Inventory

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New U.S. Home Sales Above Average, Inventory at an 8-Year High

New U.S. Home Sales Above Average, Inventory at an 8-Year High

Having jumped a downwardly revised 13.2 percent in September, the seasonally adjusted rate of new single-family home sales in the U.S. increased 6.2 percent in October to an annual rate of 685,000 sales which is 18.7 percent above the pace at the same time last year. The October pace... Read More »

Pricing Index for New Condos in SF Slips, Sales Down 50 Percent

Pricing Index for New Condos in SF Slips, Sales Down 50 Percent

With sales offices for two new developments in San Francisco having opened their doors last month, the number of purchase contracts signed for new construction condos in the city increased from 39 in September to 55 October, versus having tripled, on average, from September to October over the previous... Read More »

Pace of Existing U.S. Home Sales and Median Price Tick Up

Having inched up a downwardly revised 0.4 percent in September, the pace of existing-home sales in the U.S. ticked up 2.0 percent in October to a seasonally adjusted annual rate of 5.48 million transactions but remains 0.9 percent lower versus the same time last year. And having slipped 3.3... Read More »

New Home Sales in the U.S. Jump with Inventory at an 8-Year High

New Home Sales in the U.S. Jump with Inventory at an 8-Year High

Having dropped 9.4 percent over the previous two months, the seasonally adjusted rate of new single-family home sales in the U.S. jumped 18.9 percent in September to an annual rate of 667,000 sales which is 17.0 percent above the pace at the same time last year versus 1.2 percent... Read More »

Pace of Existing U.S. Home Sales Inches up but Median Price Drops

Having dropped 1.7 percent in August, the pace of existing-home sales in the U.S. inched up 0.7 percent in September to a seasonally adjusted annual rate of 5.39 million transactions but is now 1.5 percent lower than at the same time last year and the second lowest pace in... Read More »

New Condo Sales and Pricing Slip in San Francisco

New Condo Sales and Pricing Slip in San Francisco

The number of purchase contracts signed for new construction condos in San Francisco dropped 59 percent from August (96) to September (39) but were still 44 percent higher versus the 27 signed in September 2016, according to sales data from The Mark Company. And with an average of 23... Read More »

Inventory of Homes for Sale in San Francisco on the Rise

Inventory of Homes for Sale in San Francisco on the Rise

Having hit a seasonal peak in June, as expected, the number of single-family homes and condos listed for sale in San Francisco has jumped an above-average 67 percent since the end of August and totaled 801 at the beginning of this week. While 8 percent lower than at the... Read More »

New Condo Sales Tick Up as Pricing Slips

New Condo Sales Tick Up as Pricing Slips

Boosted by the re-opening of the sales office for the waylaid Hayes Valley development at 555 Fulton Street and some price adjustments at developments around town, the number of purchase contracts signed for new construction condos in San Francisco was 68 percent higher on a year-over-year basis last month... Read More »

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 »