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Tag: 15yearhigh

S.F. homes for sale hit a 15-year-high, as deluge of new condos flood the market

San Francisco’s residential real estate market saw brisk activity from July through September with a steep increase in both sales and inventory, as a significant jump in buyers was not enough to keep up with the deluge of new condos and homes flooding the marketplace, according to a new report from the brokerage Compass.



a person standing in front of a building: San Francisco’s residential real estate market saw brisk activity from July through September with a steep increase in both sales and inventory.


© Gabrielle Lurie / The Chronicle

San Francisco’s residential real estate market saw brisk activity from July through September with a steep increase in both sales and inventory.


The number of sales rose 30.2% compared to the third quarter last year, climbing from 1,151 to 1,499 transactions. But the number of listings is at a 15-year high, with a 10-month inventory for condos in some neighborhoods. Comparing September to the same month last year, the number of price reductions was up 172% for houses and condos combined. Of the price reductions, 80% were of condos.

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S.F. homes for sale hit a 15-year-high, deluge of condos flood the market

San Francisco’s residential real estate market saw brisk activity from July through September with a steep increase in both sales and inventory, as a significant jump in buyers was not enough to keep up with the deluge of new condos and homes flooding the marketplace, according to a new report from the brokerage Compass.



a person standing in front of a building: San Francisco’s residential real estate market saw brisk activity from July through September with a steep increase in both sales and inventory.


© Gabrielle Lurie / The Chronicle

San Francisco’s residential real estate market saw brisk activity from July through September with a steep increase in both sales and inventory.


The number of sales rose 30.2% compared to the third quarter last year, climbing from 1,151 to 1,499 transactions. But the number of listings is at a 15-year high, with a 10-month inventory for condos in some neighborhoods. Comparing September to the same month last year, the number of price reductions was up 172% for houses and condos combined. Of the price reductions, 80% were of condos.

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