Comparing the past 2 weeks with the 2-week period, 1/30 – 2/13/09: The number of new listings coming on the market declined by 20% The number accepting offers (going contingent sale) increased by 35% Closed sales went up 75% Properties coming back on market (i.e. deals falling through) fell by 8% The number of price reductions—already at very high rates—increased by 18% Expired and withdrawn listings are relatively stable 26% of house sales were bank-owned properties (REO); 10% of condo sales were REOs PARAGON MLS Statistics for the last two weeks, 2/20/09 – 3/06/09 Districts 1-10 (All SF)
… Comparing the past 2 weeks with the 2-week period, 1/30 – 2/13/09: The number of new listings coming on the market declined by 20% The number accepting offers (going contingent sale) increased by 35% Closed sales went up 75% Properties coming back on market (i.e. deals falling through) fell by 8% The number of price reductions—already at very high rates—increased by 18% Expired and withdrawn listings are relatively stable 26% of house sales were bank-owned properties (REO); 10% of condo sales were REOs
