The number of new single family listings that went into contract in the same two week period has increased strongly compared to the prior period (18.8% vs 13.9%). The increase for condos was modest at 24.8% vs 23.4%.
The number of price reductions is down compared to the previous period (8 vs 11 for single family homes and 20 vs 27 for condos) and compared to a year ago (8 vs 13 for single family homes and 20 vs 29 for condos).
At the beginning of April the total number of active residential listings in the five categories we track* in San Francisco was 338 which is up about 11% compared to the same time last year but down compared to 2017 and 2016.
The full report can be found on our web site:
http://www.boldsf.com/Statistics%20test/Statistics.html
*Every month we survey sales and active inventory for five categories of condos and single family homes in San Francisco. Those five categories comprise approximately 51% of residential sales in San Francisco. The categories are: 2 bed/1 bath single family, 3 bed/2 bath single family, 1 bed/1 bath condo, 2 bed/1 bath condo and 2 bed/2 bath condo.
