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Just as the Harper’s Index is a thing, here’s Raffi’s take on 2020’s housing market in San Francisco:
Number of closed San Francisco property sales (houses, condos, TICS, co-ops, 2-4 unit buildings) as reported on the Multiple Listing Service in 2019: 5,470.
In 2020: 5,245.
Factor increase of canceled listings reported on the San Francisco MLS from 2019 to 2020: +1.78
Number of times the term “reduced,” (or similar variant) used in MLS agent or property marketing comments in 2019: 148.
In 2020: 222.
Number of times the word “mask,” appeared in the MLS for homes that sold in 2019: 1 (reference to a Castro district house with a Victorian façade that masked a modern house behind).
In 2020: 301.
Minimum number of times the term “PEAD,” (the disclosure form required to visit properties during the pandemic) appears in all agent comments for properties listed on the MLS in 2020: 2,394.
In days, median time a property on the market before an offer was accepted in 2019: 17.
In 2020: 22.
Decrease in volume of MLS-reported sales volume of existing property sales from 2019 to 2020: -$343,902,822 ($8.9 billion).
On a square foot basis, median sale price for properties reported sold in the MLS selling in 2020: $983. For properties selling in 2019: $986.
Difference between the two years: -$3.
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