These charts track SF market activity through 9/11/11 for houses, condos, TICs and 2-4 unit buildings.
Inventory finally started to creep up a little – though still terribly low by historical standards — fueled by an influx of new listings. Hopefully, this will continue in the coming weeks. Last September saw a huge surge of over 1100 new listings – the highest in over 2 years, which powered much of the autumn market.
Listings Accepting Offers: 4-business-day weeks following Monday holidays are typically on the lower end as far as listings going under contract. The week following Labor Day had a higher number than the week following Memorial Day and the same number as the week following the 4th of July. It was a very slow week for actual closings.
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