Articles Recently Tagged: Inventory

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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 »

New U.S. Home Sales and Inventory Tick Up

New U.S. Home Sales and Inventory Tick Up

Having dropped a revised 7.0 percent in December, the seasonally adjusted pace of new single-family home sales in the U.S. ticked up 3.7 percent in January to a pace of 535,000 annual sales, a pace which is 5.5 percent above the rate at the same time last year. That... Read More »

Existing Home Sales in the U.S. Start 2017 at a 10-Year High

Having hit a ten-year high in 2016, the pace of existing-home sales in the U.S. ticked up 3.3 percent in January to a seasonally adjusted annual rate of 5.69 million sales, which is 3.8 percent above the pace at the same time last year and the second strongest pace... Read More »

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 »