22 November

SF New Condo Construction Market Trends Featured

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Despite new construction inventory being down -23% on year-over-year basis (but 11% higher v. the previous month), the Mark Company condominium pricing index* for October 2017 showed that new condo prices dropped -5% compared to October 2016 and are now equal to $1,111 per square foot.  This is a -17% drop compared to the peak prices of August 2015. 

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 122 times Last modified on Wednesday, 22 November 2017 16:10
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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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