Scary Charts San Francisco Edition – Nov. 2020

There were 2,532 homes listed for sale in San Francisco at the end of October, up 77% from the same week a year ago, according to data from Redfin. About two-thirds were condos. According to data from Compass, inventory of condos for sale was up 85% year-over-year. Inventory of single-family houses was up 25%:

Condo Prices Drop 9% in San Francisco, All-Time Record Inventory Glut Piles Up — https://wolfstreet.com/2020/11/05/condo-prices-drop-9-in-san-francisco-all-time-record-inventory-glut-piles-up/

Meanwhile in Aspen…

In 2019 throughout the entire year, 27 residential properties sold for a price over $10 million. So far this year, a record 48 properties have sold for prices over $10 million, of which 39 have sold since April. This is twice the volume of 2019 and we still have almost four months remaining in the year.At the beginning of 2019, the median price per square foot of a residential property in Aspen was about $1,350. At the end of August, that median square-foot price had risen roughly 15% to about $1,550. In the Snowmass market at the beginning of 2019, the median price per square foot for a residential property was about $680. At the end of August, that median price had risen to about $760, a roughly 12% increase.

Small: The pandemic and rising real estate values locally — https://www.aspendailynews.com/opinion/small-the-pandemic-and-rising-real-estate-values-locally/article_3d9ffcfc-fbaa-11ea-8b7b-379359f41398.html

And since I have your attention down here near the end of the post about that mask debate in Oklahoma…

https://coronavirus.health.ok.gov/ Weekly Epidemiology and Surveillance Report
…the needs of the few

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