Inventory Watch | Sub $1.3M Market | Jan 29
All product types are up in inventory with the exception of TIC's which saw a slight decrease.
Many first time buyers budget fall around the $1.3M mark. Below is a snapshot of the percentage of listings at/under $1.3M. If your budget is around $1.3M, odds are in your favor with Condo, Loft and TIC products.
- Single Family Homes = 38%
- Condo/Lofts = 52%
- TIC's = 58%
- Co-Ops = 27%
*Data Source: SF MLS, January 29, 2018