Let’s look at housing inventory and annual sales percentage
This chart covers both subjects. Keep in mind that it makes sense that houses would turn over less often than condos and TICs — and indeed, this seems to be the case.
Overall, it looks as though about 5.5 percent of existing houses, condos, co-ops and TICs sell each year, including both MLS and non-MLS sales, but not including new-construction condos, whose number of sales can vary widely by year.
Of course, figures are nothing without context. If you want to make sense of all this, give me a call.
Dreaming of San Francisco? Cece Blase offers local advice to San Francisco buyers, sellers and owners– and feeds the dreams of those who wish they could live in Tony Bennett’s ‘City by the Bay.’ Call 415-577-0809 or email email@example.com. www.ceceblase.com