Carol Solfanelli | Compass | DRE License # 01347033 | 415-297-7031 |
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide

Tips for House Hunting in a Seller’s Market

The SF market is still strong for sellers yet there are signs of a change with fewer offers on offer dates, some price reductions, and some properties staying on the market longer than before. Nevertheless, it is still a seller’s market in SF with less than 3 months of inventory.

What this means is that it would take less than three months to sell all of the inventory currently on the market. If there were 3-6 months of inventory, we would be experiencing a balanced market. More than 6 months of inventory on the market is a buyer’s market. With this in mind, the following article in the NYT today about tips for buyers in a seller’s market, while national in scope, applies to SF as well:

If you are a buyer and need help getting into this tight market, don’t hesitate to give me a call.

Site Footer