Home Sales in San Francisco: September 2020 Compared to September 2019
What Are Buyers Experiencing?
More choices: Inventory increased dramatically over the past few months.
Fewer bidding wars: Single-family homes sold at an average of 7% higher than their list price compared to 12% higher in 2019.
Lower prices per square foot: The average price per square foot was down by 8% for condos and 2% for single-family homes.
Interest rates at record lows.