What’s On The Condo Market: February 2016

What’s On The Condo Market: February 2016

There are more than 300 condos on the market right now in San Francisco, so there’s a good chance one will be a fit for you if you’re looking to buy one. Here’s a look at what’s out there in the one-, two- and three-bedroom market segments:

One-Bedroom Condos
Number Available: 85
Median List Price: $849,000
Neighborhoods With the Most 1BRs: South Beach; Lower Pacific Heights; SoMa/Yerba Buena; South Beach; Van Ness/Civic Center
Least Expensive 1BR: 750 Great Highway #2 ($489,000) in the Outer Richmond. Reasonable floor plan, in-unit laundry & dishwasher, and located right across the street from the beach.
Most Expensive 1BR: It’s a tie! 650 Delancey (Oriental Warehouse) #416 and #304 in South Beach, both listed for $1,695,000. #416 is a top floor 1BR that could be used as two bedrooms, shiny red kitchen and parking. #304 has a master bedroom plus office, neutral color scheme, and parking. Both are clocking in at $1,157-$1,213/square foot, which is right in line with market prices.
My Value Pick: 246 2nd Street #905 ($775,000), in Yerba Buena. This unit has a walk-out terrace with city views, in-unit laundry, storage and parking.

Two-Bedroom Condos
Number Available: 137
Median List Price: $1,425,000
Neighborhoods With the Most 2BRs: Lower Pacific Heights (mostly 2655 Bush Street/The District new construction); Pacific Heights; Van Ness/Civic Center (1688 Pine/The Rockwell new construction; Mission Bay; SoMa/Yerba Buena; South Beach
Least Expensive 2BR: 875 Vermont #203 ($699,000) in Potrero Hill. This one has been hanging on the market for a while, it’s located right on what’s actually the most crooked street in San Francisco. Nice tree outlooks, small kitchen, but includes parking.
Most Expensive 2BR: 181 Fremont #68A ($14.5M), new construction at the Lumina luxury building in South Beach. #68A is a half-floor penthouse with massive views and finishes that include full-slab marble bathrooms, Valcucine Italian cabinets, Miele and Sub Zero appliances.
My Value Pick: 2595 Clay #1 ($1,049,000–see photo, above) in Pacific Heights. Loving this 1920s condo a block from Fillmore Street. #1 has expansive views of Alta Plaza Park, remodeled eat-in-kitchen, parking and storage.

Three-Bedroom Condos
Number Available: 50
Median List Price: $2,097,000
Neighborhoods With the Most 3BRs: Mission; Pacific Heights; Potrero Hill; South Beach
Least Expensive 3BR: 11 Perego Terrace #3 ($998,000) in Twin Peaks. This 1470-square-foot condo has all the amenities and views galore.
Most Expensive 3BR: 301 Main #37B ($12M at The Infinity) in South Beach. This unit occupies half of the top floor of Tower 1. So there are water and bridge views from every room, as well as high ceilings, high-end finishes and three-car parking.
My Value Pick: 3121 20th Street #4 ($1.7M) in the Mission. Top-floor, tri-level loft with updated kitchen and baths, a private balcony, one-car parking, storage & access to large common roof terrace with 360-degree city views.

If you’d like to chat about condos and what might work for you—or see any of the aforementioned units—give me a shout at 415.823.4656 | ebermingham@zephyrsf.com!

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Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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