Michelle Kim | July 26, 2024
Months of Supply Inventory (MSI) quantifies the supply/demand relationship by measuring how many months it would take for all current homes listed on the market to sell at the current rate of sales. The long-term average MSI is around three months in California, which indicates a balanced market. An MSI lower than three indicates that there are more buyers than sellers on the market (meaning it’s a sellers’ market), while a higher MSI indicates there are more sellers than buyers (meaning it’s a buyers’ market). The Bay Area markets tend to favor sellers, which is reflected in their low MSIs. San Francisco MSI is notable for its variability over the past year, oscillating from buyers’ to sellers’ markets twice over the course of 12 months. Currently, MSI is below three months of supply (a sellers’ market) in every Bay Area county, except for single-family homes in Napa, which favor buyers, and condos in the North Bay, East Bay, and San Francisco, which are now balanced.
Stay up to date on the latest real estate trends.
May 15, 2025
How to Find the Right Professional for Your Home Renovation.
May 15, 2025
Discover the Most Effective Ways to Upgrade Your Home and Increase Marketability.
May 15, 2025
Preserving Your Home’s Stability and Value.
May 15, 2025
Discover the Best Ways to Enjoy the Outdoors in Richmond District.
May 15, 2025
Essential Steps to Make Your Home Market-Ready.
Michelle Kim | May 1, 2025
Quick Take: Median sale prices throughout the North Bay have remained fairly strong, with little deviation from their long-term averages. Inventory has fallen by a con… Read more
You’ve got questions and we can’t wait to answer them.