Articles Recently Tagged: Inventory

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40 Percent More Homes on the Market in San Francisco

Having peaked at a 7-year high last month in the absolute, the relative number of homes listed for sale in the San Francisco (940) remains around 40 percent higher versus the same time last year. At a more granular level, the number of single-family homes currently listed for sale... Read More »

Bay Area Home Sales Plunge to an 11-Year Seasonal Low

Bay Area Home Sales Plunge to an 11-Year Seasonal Low

The number of single-family homes and condos that traded hands across the greater Bay Area totaled 5,970 in September, down 18.9 percent on a year-over-year basis and the slowest September in terms of sales since 2007, according to recorded sales data from CoreLogic. In San Francisco, recorded sales totaled... Read More »

Pending Home Sales in San Francisco Remain Down

While the inventory of homes for sale in San Francisco is now running 40 percent higher on a year-over-year basis and price cuts are on the rise, the number of homes in contract remains lower versus the same time last year. And in fact, while the year-over-year drop in... Read More »

Inventory Peaks in San Francisco, Price Cuts on the Rise

With the number of homes actively listed for sale in the San Francisco hovering around 960, the 7-year high it hit last week, inventory levels appear to have peaked for the year and are now running an average of 40 percent higher on a year-over-year basis. At a more granular... Read More »

Pending Home Sales in the U.S. Inch Up, Remain down vs 2017

Pending Home Sales in the U.S. Inch Up, Remain down vs 2017

Having dropped 1.8 percent in August, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, inched up 0.5 percent in September to 104.6 but remains 1.0 percent lower on a year-over-year basis and 6.9 percent below last year’s high of... Read More »

New Home Sales in the U.S. Drop with Inventory at a 9-Year High

New Home Sales in the U.S. Drop with Inventory at a 9-Year High

Having actually dropped a downwardly revised 3.0 percent in August, the seasonally adjusted pace of new single-family home sales in the U.S. dropped another 5.5 percent in September to an annual pace of 553,000 sales which is 15.1 percent below the long-term average for this time of the year... Read More »

Remarkable Two-Bedroom Remains Listed Below its 2014 Price

Remarkable Two-Bedroom Remains Listed Below its 2014 Price

Priced at $2.345 million in early 2014, the “remarkable” two-bedroom, two-bath unit #29A with a 200-square-foot terrace near the top of the Infinity tower at 301 Main Street sold for $2.1 million, or roughly $1,556 per square foot, that November, four months after the plans for a twisty 400-foot... Read More »

Inventory of Homes for Sale in San Francisco Continues to Tick Up

Inventory of Homes for Sale in San Francisco Continues to Tick Up

It would appear we called the “top” too soon, at least with respect to the number of homes listed for sale in the San Francisco. And having hit a 7-year high in September, the inventory of homes on the market in San Francisco has ticked up another 6.7 percent... Read More »

Home Sales in the U.S. Continue to Drop Despite More Inventory

The seasonally adjusted pace of existing-home sales across the U.S. fell 3.4 percent in September to an annual rate of 5.15 million sales, which is 4.1 percent lower versus the same time last year, the seventh recorded year-over-year decline in as many months, and the slowest pace since the... Read More »

Pending Home Sales in San Francisco are Down

While the inventory of homes for listed for sale in San Francisco recently hit a 7-year high and is now running over 30 percent higher on a year-over-year basis, the number of homes in contract has actually fallen. And in fact, the number of pending home sales in San... Read More »