San Francisco Housing Market Update

San Francisco Housing Market Update

Here’s what’s happening in today’s San Francisco housing market.

The market is clearly cooling off from the last two years of a hot seller’s market.

Today we are going to review the MLS sales numbers together no opinions just data.

This week’s single-family home numbers saw a dip from last week.

New active listings for this week were 74

Pending sales 31

Closed Sales 37

And total active listings 420
Giving us 2 1/2 months of supply

For condos townhomes, and TICs this week’s numbers are

New actives 108

New pending’s 52

closed sales 38

And total active 946

Giving us a total of 4.5 months of supply