02 August

Latest Residential New Construction Market Trends in San Francisco Featured

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Despite the inventory being down -27% on year-over-year basis, the newly released Mark Company condominium pricing index* for June 2017 showed that new condo prices dropped 16% compared to June 2016 and are now equal to $1,069 per square foot. 

The report notes that the weakness in the new construction market is mostly confined to a trio of new large developments South of Market:  Lumina, The Harrison, and One Mission Bay.  Other neighborhoods are still seeing strong demand, low supply, and continued appreciation.  

For more details, please download the enclosed copy of the report.  Please contact me should you have any questions regarding local real estate market.

*The Mark Company Condominium Pricing Index uses a proprietary quantitative method to model the price per square foot of a new 10th floor, 1,000 SF condominium. 

With best wishes,

KATE STANTON

Associate Broker, Pricing Strategy Advisor (PSA®)

CalBRE No:  01445813

This email address is being protected from spambots. You need JavaScript enabled to view it.

www.sfbykate.com 

c: +1 (415) 601-0926 

 

Disclaimer:  Information provided herein was derived from public sources deemed reliable, it is intended for information purposes only, may contain errors and is subject to revision.

Read 256 times Last modified on Wednesday, 02 August 2017 23:45
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About Kate

As a long-term resident of San Francisco, Kate is well familiar with the city’s past and present. With her professional background and deep knowledge of the local housing market, Kate is in the position to best assist with your real estate needs. Should you be looking for a recommendation on the upcoming cultural or social events and/or if you need a trusted local real estate advisor, ask Kate – San Francisco is her HOME.

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Contact Kate

Address: 1801 Lombard Street, San Francisco, CA 94123

Mobile: +1.415.601.0926

Email: ekaterina.stanton@gmail.com

Associate Broker

CalBRE No:  01445813

 

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