Jeffrey Marples: San Francisco Real Estate Agent at Marker Luxury Properties
Still Low Inventory for San Francisco Condos
published on 2016-01-18
We still suffer from low condo and loft inventory in San Francisco and prices continued to rise by 15% when you compare December to December the year before. The median price for a condo hit a record $1,250,000. December was a slightly weaker month than November, with condo prices dropping by 2.4%.
It's still tough out there for buyers, especially for the median priced condo and lower. Many buildings have NO inventory. The South of Market district has the most inventory So if you are looking for something in particular, contact me early so that we find something that fits you!
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Though not guaranteed, information and statistics in this article have been acquired from sources believed to be reliable.
South of market (SoMa) is often simplified as everything under Market Street; however, this is not the case. SoMa is easily remembered as everything south of Market Street, from the Moscone Center and 5th Street, all the way to Division.
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2021-09-27