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Thursday, January 12, 2012
San Francisco Year-end Statistics
The number of sales of single family homes and condos/TICs in San Francisco continues an upward trend since hitting a low in 2009. We're at about 89% of total sales compared to 2007 and 80% compared to 2006. Selling prices are not showing an increase yet but, even in San Francisco, laws of supply and demand generally work. (See following post).
As in most years, the number of sales was down slightly compared to November but, generally, monthly sales in 2011 followed the normal seasonal fluctuations. (Sorry for the "busy" chart).