San Francisco Housing Market Update for this week November 30, 2022
Want to know what’s happening this week with San Francisco’s housing numbers?
For single-family homes, we saw
19 new listings hit the market
26 homes went pending
25 transactions closed
14 Expired or canceled listings
with a total of 323 active listings currently on the market
For condos townhomes and TICs
We had 21 new listings
19 properties went pending
32 transactions closed
45 Expired or canceled listings
with 813 total active listings.
As you may have noticed, it’s a dramatic drop in inventory and this is normal coming out of the Thanksgiving holiday weekend. We will continue to see less and less inventory hit the market because of seasonality.
If you’re looking to buy during the holiday season you might be able to get a good deal because sellers are very motivated and sell if they list their property during this time.