Inventory Levels Up Another 11 Percent in San Francisco

With pending home sales in San Francisco down nearly 50 percent on a year-over-year basis, the number of homes listed for sale in the city has ticked up another 11 percent over the past week and is now north of 600.

As such, listed inventory levels are now up 60 percent since plummeting at the end of March, following the issuance of San Francisco’s original stay-at-home order, and back to within 5 percent of their levels at the same time last year, with 27 percent of the active listings priced at under a million dollars (which is even with the same time last year).

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