https://youtube.com/shorts/E6Rl9rpmBGE
San Francisco Housing Market Update for this week October 11, 2022.
Here’s what’s happening in today’s San Francisco housing market.
Single-family
New active listings 60
New Pending 30
Sold 31
Total active 434
Condos TICs Townhomes
New active listings 100
New Pending 30
Sold 36
Total active 977
I took a look at last year’s sold numbers for single-family homes, condos, TICs, and townhomes and it looks like we are definitely in a slowdown
Last year during this time we were closing double the amount of transactions each week.
Which is only proof that the increase in interest rates has definitely had a big impact on buyer sentiment.