More condos sell in the South of Market (SoMa)-South Beach-Yerba Buena-Mission Bay neighborhoods than anyplace else in the city. Of course, this is where by far the greatest number of new condos have been built since the 1990's. The market here has been heating up very rapidly, especially as the number of brand new condos on the market has been rapidly declining. This is also one of the areas where high-tech buyers are concentrating in the city. [More]

The condo market in the greater SOMA/ South Beach area of San Francisco is divided into 3 groups: 1) those condos which are well priced, show well and are comprehensively marketed, which sell relatively quickly at very close to the asking price, 2) those condos that go through one or more price reductions, take much longer to sell, and close at significant discounts to the original list price, and 3) those that don't sell at all, typically due to being perceived as overpriced.

For the complete market report and statistical charts: [More]