Market Focus for August 2014

Most local markets continue to recover from a soft patch earlier this year. The
macro trend is still positive; the micro trend involves more moderate pinching
up and down the month-to-month timeline. This is not uncommon in a balanced
market, but it’s been so long since we’ve seen one that we’re watching it with
perhaps too much trepidation. Metrics to watch include inventory and prices,
but also days on market, months’ supply and percent of list price received at
sale. Declines in pending and closed sales activity may reflect strong decreases
at lower price points and may not indicate softening demand.

For detailed information on the SF Real Estate Market in 2014, please click here. SFAR_MarketFocus_2014_August