How many homes for sale in San Francisco? This week there are 213 single family homes, 354 resale condo properties, and 126 unit buildings for about 693 total resale residential properties for sale in San Francisco, not including the new construction inventory that isn’t MLS listed. San Francisco is a town that struggles with its progressive dreams and conservative foundations…
Here’s are some interesting numbers from this week’s episode:
According to 2014 planning department statistics, San Francisco has approximately 125,000 single family homes. Of those, as we’ve mentioned, 213 are for sale in the MLS. Which roughs out to about 16/100th’s of a percentage point of our entire single family housing stock is for sale.
Or, while there are 213 single family homes on the market in all of SF, there are 126 buildings with 2-4 legal units that are currently marketed for sale. It might be surprising to you that there are so many unit buildings available, but when we went back to look at the housing for the city, the percentages track with our housing stock. In SF, about 30% of all of our homes are single family properties, about 20% are 2-4 unit properties, and the remaining 50% are 5+ unit apartment or condo buildings. 213 is about 30% of 693, and 126 is about 20% of 693, so the mix of what’s for sale tracks with the mix of what is already built.
2675 Folsom (in the Mission but not 2675 Mission, as I say once in the video) is back in the news with activists protesting the creation of market rate housing, meaning that final approval of the 117 unit development rests with the full Board of Supervisors on May 9. Now that’s what we call a good use of our entire planning and zoning code: toss it all out for a heartfelt appeal to politicians elected by neighborhood residents with no vested interest in solving SF’s problems as a city.
NIMBY activists distorted (selectively read?) a Berkeley housing study, causing the study authors to publicly chastise the activists for comparing apples to oranges, and State Senator (not Assemblyman, as I say in the video) Scott Weiner comes out swinging that market rate isn’t a bad word!
We’d love to hear your thoughts about housing in San Francisco, from market rate to everything else. Let us know on facebook, twitter, instagram, or right here in our comments.