Periodically Updated - There may be newer reports on the Neighborhood Values page
More condos sell in the South of Market (SoMa)-South Beach-Yerba Buena-Mission Bay neighborhoods than anyplace else in San Francisco. 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: buyer demand, prices and luxury condo sales have all been increasing rapidly in 2012 and continue to do so in 2013. With the crash in new construction in 2008, the number of brand new condos coming on the market rapidly declined, adding to today's inventory crunch. (New condo construction is now dramatically rising again, but it will take a year or two before these units begin to reach the market.) This is one of the main areas in the country for high-tech and bio-tech businesses and home buyers, as well as being adjacent to the city's large financial district.
Since opening our doors in 2004, Paragon has represented buyers and sellers in over 775 transactions totaling almost $700 million in sales in these neighborhoods. We've closed 170 sales of $1,000,000 or more, and almost two dozen of $2,000,000 or more. This is an area we know and love well.
If you adjust your screen view to a 125% zoom, the charts will be that much easier to read. On Windows systems, pressing the Control and + keys simultaneously should do this quickly.