Is San Francisco inventory rising or falling?

The total number of homes for sale in San Francisco is falling. There are fewer homes on the market right now compared to this time last year.

Stock of homes for sale in the San Francisco area is falling. Right now, there are fewer homes on the market compared to a year ago, but the number of new homes being listed is about the same. This means there are fewer total choices for buyers. There are 5,495 active listings right now. This is 13.0% fewer homes available compared to this time last year. However, new listings haven't changed much. There were 3,144 new homes put up for sale, which is the same amount as a year ago. Homes are also selling faster. The typical home stays on the market for 38 days, which is 15.6% quicker than a year ago. This suggests demand is keeping up with new supply, further reducing the overall number of available homes. If you are looking to buy, fewer active listings mean you might have less choice and potentially need to act quickly when a suitable home comes on the market.