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SF Home Listings, Sold vs. Expired & Withdrawn: over the past 4 weeks, for every 10 home listings that closed escrow, almost 9 listings expired or were withdrawn from the market (typically due to being considered overpriced by the market).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