Weekly Market Statistics

Weekly Market Statistics

San Francisco Home Listings Accepting Offers by Week: climbing back to levels not seen since April, right before the Federal Tax Credit expired.

SF New Listings Coming on Market: declining as we head toward August, typically a month of fewer new listings (prior to another burst after Labor Day)

San Francisco Homes Actively for Sale: holding relatively steady for the past 7 weeks, though declining a little from the previous week

Percentage of SF Home Listings Accepting Offers by Week: climbing with the increased number of accepted offers and reduced number of new listings

SF Home Listings, Sold vs. Expired & Withdrawn: over the past 4 weeks, for every 10 home listings that closed escrow, almost 9 listings expired or were withdrawn from the market (typically due to being considered overpriced by the market). Even with relatively strong buyer demand, pricing, preparation and marketing are critical.

August 1, 2010 / by / in ,
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