Should I buy new construction or resale in San Francisco?

The data provided does not distinguish between new construction and resale homes, so it's hard to give a direct comparison. However, I can tell you about the overall housing market trends in the San Francisco metro area. Prices have seen some adjustments, and homes are selling quicker than before. Overall, it indicates a market with some recent shifts. Prices have generally come down from where they were, with the median listing price currently at $911,375. This is 3.9% lower than the previous month and 5.0% lower than a year ago. The average listing price also dropped, now at $1,393,623, which is down 7.4% from last year. It looks like homes are selling faster than they were a year ago, with the median time on the market now at 38 days. This is 15.6% quicker than a year ago. Even with prices coming down, almost 14% of homes have had a price reduction, which is slightly less than last year. The number of active listings is lower than a year ago, with 5,495 homes currently for sale, down 13.0%. However, the number of new listings has remained steady compared to last year. For you, this means while prices have eased slightly and homes are selling faster, you'll need to consider what truly matters for your specific situation beyond just market trends, like your preferred style of home and amenities.

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.