Should I buy new construction or resale in San Francisco?

{ "answer": "When deciding between new construction and resale, consider that overall prices in the San Francisco area have seen slight dips, which could affect both types of homes. The market is moving a bit faster, with fewer homes to choose from.\n\nLooking at the big picture, the average price for a home right now is about $1,447,907, which is a bit lower than last year. The median price is $957,475, also slightly down year-over-year, but it did go up a little bit in the most recent month.\n\nThere are fewer homes available to buy compared to last year, with active listings down by nearly 11%. New homes coming onto the market are also down by about 8% year-over-year, meaning less choice overall for both new and resale homes.\n\nHomes are selling quicker, spending 37 days on the market, which is almost 10% faster than last year. Fewer homes are seeing price drops, with 13.4% having reduced prices, which is a small increase from last year.\n\nUltimately, with fewer homes available and properties selling faster, it\'s important to act quickly once you find a home you like, whether it\'s new or resale." }

When considering buying a home in San Francisco right now, the market shows prices have softened a bit, and homes are selling quicker than before. While I can't advise specifically on new construction versus resale with the data I have, these general trends are important for any buyer to know.