You may have noticed an uptick in new San Francisco listings over the past couple weeks. Spring has officially arrived, bringing with it a crop of buyers and sellers who are ready to do business.
I’ve been selling real estate in the city for more than 22 years, and the same thing happens every year: Homeowners rush to put their homes on the market to capitalize on the April-May-June sales sweet spot, and new buyers wade into the market.
Why does this happen annually? For one thing, home buyers finish their taxes and get on solid financial ground. It’s also a lot more fun to look at houses in nice weather. Home sellers get themselves sorted out after spending the winter getting details in order.
There are 254 single-family homes, 606 condos (not including new construction units not listed in the MLS), 78 TICs, and 120 two- to four-unit buildings as of this morning. Expect those numbers to increase in the next week or so as the new listings for the weekend hit the market.
Happy Spring!