Articles Recently Tagged: New Condo Sales

(41 posts)
New Condo Sales and Pricing Slip in San Francisco

New Condo Sales and Pricing Slip in San Francisco

The number of purchase contracts signed for new construction condos in San Francisco dropped 59 percent from August (96) to September (39) but were still 44 percent higher versus the 27 signed in September 2016, according to sales data from The Mark Company. And with an average of 23... Read More »

New Condo Sales Tick Up as Pricing Slips

New Condo Sales Tick Up as Pricing Slips

Boosted by the re-opening of the sales office for the waylaid Hayes Valley development at 555 Fulton Street and some price adjustments at developments around town, the number of purchase contracts signed for new construction condos in San Francisco was 68 percent higher on a year-over-year basis last month... Read More »

Lumina Condos Listed at Losses Reduced Again

Lumina Condos Listed at Losses Reduced Again

Purchased from Lumina’s sales office for $3,149,500 or $2,003 per square foot in June of last year, the 1,572-square-foot, two-bedroom unit #D35A, which is now described as the “highest and largest” two-bedroom with two baths in the development’s tower D, returned to the market listed for $3,449,000 this past... Read More »

New Home Sales in the U.S. Drop despite More Inventory

New Home Sales in the U.S. Drop despite More Inventory

Having ticked up an upwardly revised 1.9 percent in June, the seasonally adjusted rate of new single-family home sales in the U.S. suddenly dropped 9.4 percent in July to an annual rate of 571,000 sales which is 8.9 percent below the pace of sales at the same time last... Read More »

New Home Sales in the U.S. Inch up, Inventory Hits Eight-Year High

New Home Sales in the U.S. Inch up, Inventory Hits Eight-Year High

Having gained an upwardly revised 4.9 percent in May, the seasonally adjusted rate of new single-family home sales in the U.S. inched up another 0.8 percent in June to an annual rate of 610,000 sales and is running 9.1 percent above the pace of sales at the same time... Read More »

Pricing Index for New Condos in San Francisco Hits a 3-Year Low

Pricing Index for New Condos in San Francisco Hits a 3-Year Low

While sales activity for new condos in San Francisco dropped 27 percent from May to June with the start of a typical summer slowdown in play, the number of purchase contracts signed last month (53) was 66 percent higher on a year-over-year basis, according to sales data from The... Read More »

Bay Area Home Sales (Mostly) Rebounded in May

Bay Area Home Sales (Mostly) Rebounded in May

Having dropped a downwardly revised 13.0 percent in April, the number of single-family homes and condos that traded hands in San Francisco rebounded 17.2 percent to 560 in May, which is 9.8 percent higher versus the same time last year as compared to 18.0 percent lower on a year-over-year... Read More »

New Home Sales in the U.S. Rebound but Remain below Average

Having shed 11.4 percent in April, the seasonally adjusted rate of new single-family home sales in the U.S. rose 2.9 percent in May to an annual rate of 610,000 sales and is running 8.9 percent above the pace of sales at the same time last year. That being said,... Read More »

Pricing for New Condos in S.F. Slips along with Sales and Inventory

Pricing for New Condos in S.F. Slips along with Sales and Inventory

While sales activity for new condos in San Francisco doubled from April to May with seasonality in play, versus tripling from April to May last year, the number of purchase contracts signed last month (73) was 36 percent lower on a year-over-year basis, according to sales data from The... Read More »

Bay Area Home Sales Slip, Slowest April in Six Years

Bay Area Home Sales Slip, Slowest April in Six Years

At a time of the year when sales typical rise around 5 percent, the number of single-family homes and condos that traded hands in San Francisco last month dropped 7 percent, from an upwardly revised 514 in March to 478 April, which is 12.3 percent lower versus the same... Read More »