I guess it is no surprise that our San Francisco real estate market is so active. San Franciscans have just over 372,000 residential units from which to choose. No wonder residential real estate is such a scarce resource.
The inventory grew by only 269 net units in 2011 after years of growth in the 2,000 to 5,000 range. As the economy warms up, expect the meagre inventory available to vaporize.
San Francisco Housing Stock by Building Type, 2010 – 2011 |
|||||||
Building Type |
Single Family |
2-4 Units |
5-9 Units |
10-19 Units |
20+ Units |
Other* |
Total |
2010 Inventory |
123,951 | 79,774 | 37,088 | 37,656 | 93,496 | 595 | 372,560 |
Net Addition 2011 |
8 | 49 | 21 | 34 | 157 | 269 | |
Total |
123,959 | 79,823 | 37,109 | 37,690 | 93,653 | 595 | 372,829 |
| Source: U.S. Census Bureau – SF Planning Department | |||||||
| Includes other “housing” types that Census Bureau counts such as mobile homes, RVs, Vans and Houseboats | |||||||
San Francisco Real Estate Managing Broker's Blog 
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