Our bi-weekly New Listing report shows a further decline in new listings over the past two weeks compared to the previous two week period. A decline in new listings is typical (and highly predictable) for this time of year and will continue until after New Years if this this year follows.
New single family home listings were 140 compared to 166 in the prior two week period. Condos were 199 compared to 259 in the prior period. Compared to a year ago new listings of single family homes was 140 in the last two weeks compared to 161 a year ago. For condos the 199 new listings this year compares to 227 a year ago.
On our 3-County report the same drop in active listings can be seen. In San Francisco the total number of active, in contract, and pending listings is down 90 compared to a week ago (1,801 compared to 1,891). A similar decline can be seen in the numbers for Marin and Sonoma counties as well.
The full reports can be seen at our web site.
