Tag Archives: condo

What You Get For: $950,000-$1M

We’ll take a look at three very different properties being offered in the $950,000-$1M price range. For those interested in purchasing a home in San Francisco, this sort of exercise is designed to help you sort through the unique property types that exist, as well as get a feel for the neighborhoods in which they lie. Continue Reading

Condos vs. TICs: The Condo Wins

There was a time when condos were worth substantially more than TICs. Well, the gap has narrowed as the San Francisco market has softened.

A look at two-bedroom units in the city with parking reveals that condo prices have declined to the extent that they may be the more obvious choice. For example, in the under-$1M category for two-bedroom TICs with parking, the average selling price from April 1st was $621,125, with an average of 1,052 square feet. Continue Reading

Condo Prices Adjust in New Year

The past month’s sales figures for citywide condos are an open window to the general state of the condo market in San Francisco. Of the 39 condos sold, 33 sold for less than the asking price. (These figures do not include new development sales, which are not published in the MLS).

However, the average sale price of $822,453 was nothing to sneeze at, though it does seem like condos are taking longer to sell. They averaged 87 days on market. Additionally, all but seven of the condos sold were under the $1M price point.

Get in touch:

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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