Tag Archives: Condominiums

Noe Valley: The Condo/TIC market

At long last, here’s the promised data on Noe Valley condos and TIC’s. First, a look back (in anger?) at the make-up of Noe Valley sales in 2009. Note that there were more than twice as many condos sold as … Continue reading

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Looking Back at 2009: Condos/TICs

Pretty much everything I said about how single family homes fared in 2009 also applies to the condo/TIC market.   (TIC’s, aka Tenancy In Commons are similar to condos.  For more information on TICs, see my three-part series starting here.) Condo/TICs … Continue reading

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TICs, San Francisco’s Involuntary Reflex — Part 3: The Condo Premium Per Square Foot? Or not…

Last post, we determined that the current difference between the average (annual) price of a condo and that of a TIC is  $86,000, down from a high of $124,364 in 2006.  (That’s a 30%+ drop, by the way.)  Here’s the … Continue reading

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TICs, San Francisco’s Involuntary Reflex: Part 2 — The Data

There are weeks when I look through the new listings on the MLS (Multiple Listing Service) and it seems like there are more TICs for sale than condominiums.  Turns out, this just isn’t true.  Here’s a chart showing relative sales … Continue reading

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The Worst May Be Over According to Big Brain, Ken Rosen

Ken Rosen, Chair of the Fisher School For Urban Economics over at UC Berkeley, has good news for San Francisco home owners.  “The recent rise in home prices and sales activity lead us to believe that the worst part of … Continue reading

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Surprise! Condos are Holding Up Better Than Homes

For the quarter century (gulp!) that I’ve been involved in real estate, the conventional wisdom has always been that condo values generally do worse in down markets than homes.  Why?  To be honest, I’m not sure, but I think it’s … Continue reading

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“San Francisco Property Sales and Prices Rebound in February”

…or so proclaims my venerable data-crunching guy at the REreport.  All the data is available and updated monthly under my  “Market Trends” tab, organized by MLS District, or city-wide, annual or monthly, single family or condo — it’s all available … Continue reading

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San Francisco Condos doing just fine, thank you.

Condos often get hit hard in times of real estate turmoil, but that doesn’t seem to be happening in San Francisco — at least for now. This graph shows a 12 month moving average of actual condo sales through March. … Continue reading

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