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Weekly Market Statistics

SF Market Scoop

August 1, 2010

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SF Home Listings, Sold vs. Expired & Withdrawn: over the past 4 weeks, for every 10 home listings that closed escrow, almost 9 listings expired or were withdrawn from the market (typically due to being considered overpriced by the market).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.