The San Francisco residential real estate market has seen a significant increase in market activity in May.

Typically the activity level increases in the spring (March), but this year due to economic factors, consumer confidence, etc., March and April were mired in the doldrums that we usually only see in the winter.

With May we have see new vigor. For example of the 27 properties I viewed on brokers tour on May 12, 4 were already in contract before the first tour. This is certainly the quickest response to new listings we have seen in some time.

Is this an event that can be sustained or a blip on the radar? Stay tuned.