San Francisco Sees Housing Prices Drop [Video]

The San Francisco housing market has seen a price drop of 4.81 percent over the last 30 days, according to an analysis by Pricing Culture, provided to Newsweek.

Why It Matters

While this drop in pricing is fairly recent and relatively small, housing prices coming down could indicate changes in the market and a better outlook for potential buyers hoping to save money.

San Francisco’s market overall has seen an 11.7 percent increase in prices since last year, according to Redfin data. The recent 30-day drop in average price could mean now is one of the better times to secure a home in the area.

What To Know

San Francisco is considered one of the more competitive markets in the U.S. according to Redfin. …