Single family homes continue to perform exceptionally well, with purchasers paying an average of 16% over list prices last month. Condominiums purchasers pay an average of 6% over list price. Both single family homes and condominiums are selling one week faster than they did in 2016.
San Francisco Market Update-March 2017
San Francisco Market Update - August 2016
San Francisco Market Update-June 2016
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Cow Hollow Condo Offers Incredible Rooftop Views
If you're looking for great rooftop views of Angel Island, the Golden Gate Bridge, the Marin Headlands and the Bay, this Cow Hollow condo at 2916 Fillmore is the place to be. With only 6 residences, this condominium affords a perfect location as well as peace and quiet.
The unit itself is on the ground floor of the 1906 building and offers 1,074 square feet of living space in the 2 bed, 1 1/2 bath residence. Gorgeous hardwood flooring, in-home office and modern kitchen as well as a ideally situated with an abundance of shops, bars and eateries.
If you're interested in scheduling a private showing of this or any other property in San Francisco or Marin County, contact The Costa Group.
Construction Commences on $6 Billion Treasure Island Redevelopment
One of the largest mixed used projects in the Bay Area, the $6 billion redevelopment of Treasure Island and Yerba Buena Island has kicked off with initial infrastructure work. This includes demolition of 40 existing buildings as well as creation of new roadways, utilities and parks. The first phase will include approximately 2,100 residential units, up to 500 hotel rooms and 90 acres of parks, built on 45 acres of Treasure Island's western shoreline and the 80-acre Yerba Buena Island.
Vertical construction of new housing could begin in 2017, beginning with around 250 townhomes on Yuerba Buena Island, followed by 400 to 500 units in four to five story buildings on Treasure Island. The project's planned 8,000 residential units are expected to be constructed over the next 10 to 15 years, depending on market demand.