"Active listings in San Francisco fell nearly 28.7% year over year, with only 658 homes available in March, while the national inventory grew by 6.2%."
"The median list price in San Francisco held steady at $1,195,750, with only 6.4% of listings experiencing price reductions, indicating strong seller confidence."
"Homes in San Francisco sold faster than the national average, spending only 45 days on the market compared to the national median of 57 days."
In March, San Francisco's real estate market showed a significant decline in active listings, dropping 28.7% year over year to just 658 homes. New listings also fell by 2.5%, leading to homes selling almost as quickly as they were listed. The median list price remained stable at $1,195,750, with only 6.4% of listings seeing price reductions. Homes sold in an average of 45 days, which is faster than the national average of 57 days, indicating a competitive market for buyers.
Read at SFGATE
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