If you’re a buyer looking to spend $1.5M+ for a single-family home or condo in San Francisco, you certainly have your pick of inventory this holiday season.
There are currently 72 single-family homes available between $1,595,000-$25M. How this all shakes out is that the bulk of these current listings are $1,595,000-$3M. After that, there are 18 homes offered in the $4M-$10M range. And the final six are priced from $13.5M-$25M. Average list price is $4,620,110 and days on market average is 80.
And there are 37 condos available, mostly from $1.6M-$3M. The averages here are $2,434,973, with 103 days on market. The most expensive condo is the 2BR/2BA penthouse at The Ritz-Carlton, which was listed at $8M in mid October 2012 and is holding steady at that price.
If you’re a buyer in this segment of the market, you should be able to negotiate your way into a good deal. And while you’re at it, get me involved. I’d be happy to assist you so you can get into your home by Christmas!