Quick Statistics for the past two weeks

June 19, 2009 by · Leave a Comment 

New Listings: 354 – stable, up a little from June 5, down a little from May 1st Back on Market: 98 – up from 78: the number of deals falling through is still very highPrice Reductions: 236 – down from 252, but still very high Went Contingent: 225 – up from 198: market continues to [...]

Signs of a Strengthening Market: Charts

June 10, 2009 by · Leave a Comment 

The number of homes (SFD, condo, TIC) going Under Contract (accepting offers) – Increasing: (Not adjusted for deals which fall through after offer acceptance)  

Market Update 6/5/09

June 8, 2009 by · Leave a Comment 

Market Update, June 5, 2009  ·   Market activity has continued to get stronger over the past month continuing a trend that began in March/April. ·  Median prices of those properties that have accepted offers have increased, which signifies stabilizing values. ·  The number of properties that have accepted offers but not yet closed is up in every [...]

San Francisco Market Statistics May 2, 2009

May 2, 2009 by · Leave a Comment 

Hotsheet Statistics for the Past 2-Weeks: SF Houses, Condos & TICs (compared to the previous 2-week period)< ?xml:namespace prefix ="" o />   The last 2 weeks had the highest number of listings going contingent or pending since September 2008 indicating a significant pick up in the number of listings accepting offers.

SF Market Statistics

April 17, 2009 by · Leave a Comment 

Hotsheet Statistics for the Past 2-Weeks: San Francisco Houses, Condos & TICs < ?xml:namespace prefix ="" o /> (compared to the previous 2-week period) New Listings:           315 – slightly up from 306 Back-on-Market:       64 – slightly down from 67 Price Reductions:     207 – substantially down from 273 Went Contingent:     171 – down from 185 Contingent REO:      7 – down [...]

Fast Facts for the San Francisco Real Estate Market

April 15, 2009 by · Leave a Comment 

Set forth are side by side comparisons of Single Family Residence, Condominium, and 2-4 Unit Dwelling sales activity for March 2008 and March 2009.

Hotsheet Statistics for the Past 2-Weeks: SF Houses, Condos & TICs

March 20, 2009 by · Leave a Comment 

For some reason, perhaps just an anomaly, REO sales activity dropped dramatically from the previous 2-week period.

Hotsheet Statistics for the Past 2-Weeks: SF Houses, Condos & TICs (compared to the previous 2-week period) New Listings:                      382 – up from 331 Back-on-Market:                56 – stable Price Reductions: 282 – up a tad (at a very high level) Went Contingent: 129 – down from 147 Contingent REO: 7 – down from 14 Went Pending: 129 – down from 149 Pending REO: 14 – down from 23 Sold: 124 – down from 135 Sold REO: 15 – down from 23 Expired/Withdrawn: 138 – down from 153 (REO = bank owned)

MLS Statistics for the last two weeks, 2/20/09 – 3/06/09

March 7, 2009 by · Leave a Comment 

Comparing the past 2 weeks with the 2-week period, 1/30 – 2/13/09: The number of new listings coming on the market declined by 20% The number accepting offers (going contingent sale) increased by 35% Closed sales went up 75% Properties coming back on market (i.e. deals falling through) fell by 8% The number of price reductions—already at very high rates—increased by 18% Expired and withdrawn listings are relatively stable 26% of house sales were bank-owned properties (REO); 10% of condo sales were REOs PARAGON                   MLS Statistics for the last two weeks, 2/20/09 – 3/06/09                            Districts 1-10 (All SF)

… Comparing the past 2 weeks with the 2-week period, 1/30 – 2/13/09: The number of new listings coming on the market declined by 20% The number accepting offers (going contingent sale) increased by 35% Closed sales went up 75% Properties coming back on market (i.e. deals falling through) fell by 8% The number of price reductions—already at very high rates—increased by 18% Expired and withdrawn listings are relatively stable 26% of house sales were bank-owned properties (REO); 10% of condo sales were REOs

San Francisco Months-Supply-of-Inventory & Days-on-Market Analysis

February 15, 2009 by · Leave a Comment 

Generally speaking, 4-5 months supply of inventory is considered a balanced market between buyers and sellers; less than 4 months is considered a sellers’ market; and more than 5 months is considered a buyers’ market. By these definitions (as well as others), the home market in many of San Francisco’s neighborhoods is now a strong buyers’ market – which means more choice, less competitive bidding, increased price reductions, more price negotiation.

Current Market Trends

February 14, 2009 by · Leave a Comment 

At current trends, over the next month: • 563 active SFD listings will be joined by over 250 new SFD listings for a total of over 800: less than 1 out of 8 will go contingent sale (and most of them at the low end). • 674 active Condo listings will be joined by over 350 new Condo listings for a total of over 1000: less than 1 out of 10 will go contingent . • 241 active TIC listings will be joined by over 150 new TIC listings for a total of about 400: about 1 in 16 will go contingent. • 234 2-4 Unit listings will be joined by over 80 new 2-4 U listings for a total of over 300: about 1 in 19 will go contingent .

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