Hello San Francisco Condo Market
July 9, 2010
The
San Francisco Chronicle have offered some analysis, and
confirmation, that the San Francisco condo market is among those
that are improving. They state that 247 "resale" condos were sold
in the first quarter 2010 which represented a 127% increase over
last year. This is impressive.
Additionally, 183 new condos closed in San Francisco although the median sales figures were somewhat skewed by a number of higher-end luxury condo sales.
The end result is that buyers and sellers are coming to terms with many sellers adopting more realistic price expectations. San Francisco is a gorgeous city. Currently ranked as America's 12th most populated metro.
