Home Sales in San Francisco: September 2020 Compared to September 2019
What Are Buyers Experiencing?
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More choices: Inventory increased dramatically over the past few months.
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Fewer bidding wars: Single-family homes sold at an average of 7% higher than their list price compared to 12% higher in 2019.
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Lower prices per square foot: The average price per square foot was down by 8% for condos and 2% for single-family homes.
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Interest rates at record lows.