Hotsheet Statistics for the Past 2-Weeks: SF Houses, Condos & TICs

Hotsheet Statistics for the Past 2-Weeks: SF Houses, Condos & TICs

The market continues to improve for Buyers as inventory increases. For some reason, perhaps just an anomaly, REO sales activity dropped dramatically from the previous 2-week period.

Hotsheet Statistics for the Past 2-Weeks: SF Houses, Condos & TICs

(compared to the previous 2-week period)

New Listings: 382 – up from 331
Back-on-Market:  56 – stable
Price Reductions: 282 – up a tad (at a very high level)
Went Contingent: 129 – down from 147
Contingent REO: 7 – down from 14
Went Pending: 129 – down from 149
Pending REO:  14 – down from 23
Sold: 124 – down from 135
Sold REO:   15 – down from 23
Expired/Withdrawn: 1
38 – down from 153
(REO = bank owned)


Active on Market
(compared to the previous 2-week period)

SFD: 630 – up from 569; Average Days on Market = 69
Condo: 776 – up from 717; Average DOM = 61
TIC: 262 – up from 254; Average DOM = 50

There are currently 75 active REO SFD, Condo & TIC listings in SF. 54 REOs are contingent or pending.