Nothing new here, but here’s the latest market-dynamics update for SF houses, condos, TICs and 2-4 unit buildings through the week ending 6/17/12.
Inventory for Sale: crazy low, lower even than it was on January 1st.
The online chart is here: http://www.robcostabile.com/wp-content/uploads/2012/06/6-17-12_Units-for-Sale1.jpg
Percentage of Listings Accepting Offers: there was a bit of a slow-down at the end of May (Memorial Day)/ beginning of June, but it’s back up to very high levels.
The chart is online here: http://www.robcostabile.com/wp-content/uploads/2012/06/6-17-12_Percent-Accepting-Offers.jpg
New Listings Coming on Market: not enough new listings coming on market to satisfy buyer demand and it seems to be slowing down for summer.
The chart is online here: http://www.robcostabile.com/wp-content/uploads/2012/06/6-17-12_New-Listings1.jpg