San Francisco Home Inventory Drops 33%

Single-family listings in the city fell sharply year over year as mortgage rates hover near 7% and buyer demand stays strong.

Updated on Nov. 3, 2026 in Residential

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Inventory of single-family homes in San Francisco was down 33% year over year, according to the extraction, while demand for homes in the city remains high. Mortgage rates across the U.S. are around 7%.

Why it matters

A sharp drop in available single-family homes alongside strong demand tends to tighten competition for buyers in San Francisco. Mortgage rates near 7% add to the cost pressure facing prospective purchasers.

San Francisco single-family home inventory fell 33% year over year, measured against the prior-year period. Mortgage rates are around 7% nationally, and the source does not give the precise inventory count or the exact comparison dates.

The details

Single-family home inventory in San Francisco declined 33% over the past year while buyer demand in the city remains high. The extraction does not describe the cause of the decline or the price movement that accompanied it.

Inventory decline measured year over year, with the exact reporting date not specified in the source.

Market Context

The 33% year-over-year drop in San Francisco single-family listings continues a squeeze on supply that has unfolded alongside mortgage rates near 7%. Buyers in the city face fewer options at a time when financing costs remain elevated nationally.

Buyers in San Francisco are working with fewer single-family listings, which can limit choices and lengthen searches. Prospective purchasers should expect that mortgage rates near 7% will affect monthly payment estimates.

The takeaway

Buyers in San Francisco should factor a shrinking pool of single-family homes and roughly 7% mortgage rates into their budgets before starting a search. Planning around both constraints early can prevent surprises during offers.