Annual Sales Comparison

Contrary to statistics being reported by the National Association of Realtors, the number of residential sales in San Francisco in 2018 increased slightly compared to the previous year:

The increase was 1.8%.  In 2017 the increase was 2.2%.  Prior to that we had three years of a decline in the number of sales year-over-year.

Looking at the comparison of first half to second half of the year, most of the increase in 2018 compared to 2017 was in the first 8 months. 

For the past three years the number of sales in the 2nd half of the year has been declining slightly.

As is typically the case, the number of residential sales in San Francisco always hits its peak in May/June and then again in October.  Not surprisingly, the fewest number of sales happen in January/February and then again in September.  Keep in mind that most sales are recorded on average about 30 days after a property goes into contract.  That's most obvious when we show the lowest number of sales in January because most buyers have other activities occupying their time and attention in December.