The Luxury is in the Details
How was the month of April for condo buyers and sellers in South Beach, South of Market, Dogpatch, Mission Bay, and Yerba Buena? Overall, there were 73 sales reported in the MLS during the month of April, which is up slightly from the 69 condo homes sold during the same month in 2012. One of the sales was for a parking spot, though, so let's call it 72 sales! The most expensive sale was for a residence in the Millennium Tower, a 2 bed, 2.5 bath home in the Grand … [Read more...]
I've written previously about the market for single family homes in February of 2013, but since this site is focused on condos - and particularly condos in the South Beach, SOMA, Mission Bay, Yerba Buena, and Dogpatch neighborhoods - I wanted to share the February condo stats here with you. As you can see from the chart above, condo sales in February of 2013 were up about 11% year over year, which is a marked change from the single family home market, where sales were … [Read more...]
How did condos in the Yerba Buena neighborhood do in 2012? I've got three chart that look at number of sales, median price per square foot, and median sales price for the past four years in the Yerba Buena neighborhood. Its important to note that the MLS data for this sub-district does not include original sales from the developer to new buyers unless that particular condo was listed in the MLS. Unfortunately, there isn't a good clean way to pull out tax data by MLS … [Read more...]