Indicates MSA includes part of more than one state or region. MSA includes part of more than one state or region.

San Francisco-Oakland-Fremont, CA View area description and map

 

Market Hotness

0.9

12 mos. permits per 1,000 residents

Job Growth

-4.6%

Annual rate last 4 quarters

Res. Permits

-58%

YTD change vs. prior year

 

Local News from BUILDER

 

2008 Local Leaders

Oakland/Fremont/Hayward, Calif.

  • Market Rank: 47
  • Total Permits: 3,717
Rank Parent Company/Company Closings Market Share
1 KB Home 355 9.6%
2 Albert D. Seeno Construction Co./Seeno Homes/Discovery Homes 338 9.1%
3 D.R. Horton/Western Pacific Housing 310 8.3%
4 Lennar Corp. 288 7.7%
5 S&S Construction/Shapell Industries 249 6.7%
6 Centex Homes 221 5.9%
7 Pulte Homes 209 5.6%
8 Standard Pacific Corp. 201 5.4%
9 Shea Homes 184 5.0%
10 Brookfield Homes 168 4.5%
Top 10 Total Market Share 2,523 67.88%

Oakland data courtesy of Hanley Wood Market Intelligence
*Estimated

 

San Francisco Permits

Percentage change year over year

  Single Family Multifamily Units  
  Permits Chg. 2 Units 3-4 Units +5 Units All Multi Chg. Total Units Chg.
9 Mos. 2009 1,586 -15% 60 39 802 901 -78% 2,487 -58%
2009 3Q 614 -3% 18 9 167 194 -84% 808 -56%
2Q 606 -6% 24 18 244 286 -79% 892 -55%
1Q 366 -38% 18 12 391 421 -71% 787 -61%
2008 4Q 489 -48% 12 6 810 828 -32% 1,317 -39%
3Q 630 -34% 12 36 1,176 1,224 -38% 1,854 -37%
Annuals                  
2008 2,329 -54% 94 94 4,659 4,847 -12% 7,176 -32%
2007 5,055 -14% 118 186 5,201 5,505 -36% 10,560 -27%
2006 5,900 -27% 110 260 8,213 8,583 +27% 14,483 -3%
 

Market Hotness Trend

12 mos. permits per 1,000 residents

Sep '09

0.9

Density Information

Calculated per square mile

Q2 '09Q2 '08Chg.
Population1736.301720.010.9%
Housing Unit687.39685.860.2%
Market Density Index (MDI)
Total Permits1.533.52-56.5%
SF Permits0.831.27-34.6%
MF Permits0.702.25-68.9%

Existing Housing Stock

1,699,988

San Francisco, CA

Population

Based on Census Bureau estimates

Sep '09

4,294,037

Construction Trends

Share of permits by dwelling type

9 Months '09Share
Single-Family64%
Multifamily36%
2004-2008Avg.Share
Single-Family45%
Multifamily55%
 

San Francisco Employment Trends

Employment numbers in thousands

Employment Sector No.of Jobs Last 1 Year Change Last 1 Year Job Growth Last 2 Years Change Last 2 Years Job Growth
Total 1927.5 -88.8 -4.6% -28.1 -1.4%
Construction 93.4 -16.3 -17.5% -10.6 -9.7%
Manufacturing 128.9 -6.0 -4.7% -2.8 -2.1%
Trade 258.4 -18.5 -7.2% -5.0 -1.8%
Information 64.1 -3.3 -5.1% -1.1 -1.6%
Financial Activities 134.0 -6.6 -4.9% -9.8 -7.0%
Services 869.8 -29.1 -3.3% 14.6 1.6%
Government 304.2 -5.7 -1.9% -11.8 -3.8%
Unemployed at end of period (rate) 136.7 6.0% 99.7 4.5%