San Francisco Real Estate January 2024 Report

Listings Accepting Offers (Going into Contract) San Francisco Market Dynamics & Seasonality

Spring 2021

Monthly Trends

800

March 2022

Monthly accepted-offer activity illustrates the enormous effect of seasonal supply and demand trends on the market. Activity picks up rapidly in the 1 st quarter, to typically peak in spring.

Oct. 2021

Oct. 2020

700

600

500

Spring 2023

Oct. 2023

Jan.

400

Dec.

300

Jan.

The # of listings going into contract measures buyer demand, but is also deeply impacted by the supply of new listings available to buy.

200

Dec.

Jan.

Updated through Dec. 2023

Pandemic hits

100

House, condo, townhouse listings going into contract as reported to NorCal MLS Alliance, per Infosparks. Data from sources deemed reliable but may contain errors and subject to revision. All numbers approximate. Last month numbers estimated based on available data, and may change with late reported activity.

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