Articles Recently Tagged: New Condo Inventory

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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 »

New Home Sales in the U.S. Inch up, Inventory Hits Eight-Year High

New Home Sales in the U.S. Inch up, Inventory Hits Eight-Year High

Having gained an upwardly revised 4.9 percent in May, the seasonally adjusted rate of new single-family home sales in the U.S. inched up another 0.8 percent in June to an annual rate of 610,000 sales and is running 9.1 percent above the pace of sales at the same time... 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 »

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 »

Pipeline of Development in S.F. Holds but Nearing Negative Growth

Pipeline of Development in S.F. Holds but Nearing Negative Growth

With new proposals having been submitted to the City for roughly the same number of residential units that finished construction in the first quarter of the year, the overall pipeline of apartments and condos under development in San Francisco is holding around 63,600. But as we first noted last... Read More »

New S.F. Condo Sales Slipped in March but Jumped Year-Over-Year

While the number of purchase contracts signed for new condominiums in San Francisco slipped 4 percent from February to March, the sales volume in March (91) was more than twice the volume at the same time last year (39) but with a number of new sales offices having opened... Read More »