These are market dynamics charts for San Francisco houses, condos, co-ops, TICs and 2-4 unit buildings. They track weekly activity for the past 6 months through the week ending June 19, 2011. For activity reported to MLS, per Broker Metrics.
Listings Accepting Offers
After slowing down in the first 2 weeks of June, market activity as measured by home listings accepting offers zipped back up to May levels. And May was a busy month.
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Percentage of Listings Accepting Offers
This metric also increased dramatically in the last week, again comparable to May.
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New Listings Coming on Market
Typically, the number of new listings decreases as spring goes into summer. This began to happen last week, but it’s too early to know if this is just a normal weekly fluctuation or the beginning of a seasonal slowdown in new inventory.
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Homes for Sale
Inventory of homes for sale dropped a small bit, but basically remained stable.
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