27 April

March 2018: SF New Construction & Resale Condos Market Trends Featured

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The San Francisco Condominium Pricing Index* increased +4.5% to $1,168 per square foot in March 2018 from the month before, the Mark Company reports.  This is a -5% drop from a year ago, when it last peaked at $1,232. 

On the other hand, the average price for resale condominiums soared to $1.419m in March – the highest recorded in at least 5 years.  The average price per square foot rose to $1,137, +9% above last year’s levels.

For more details, please download the enclosed copy of the report. 

*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 BATZOGLOU (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 473 times Last modified on Friday, 27 April 2018 13:40
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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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1801 Lombard Street, San Francisco, CA 94123

Mobile: +1.415.601.0926

Email: ekaterina.batz@gmail.com

Associate Broker

CalBRE No:  01445813

 

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