With a seller’s market in full effect (read: lots of buyers from the tech industry, low mortgage interest rates, and a minimal number of properties for sale) condo prices in the Mission District pushed higher during February. The average sale price easily exceeded the $1 million price threshold.
Last month eleven (11) condos traded hands at an average sale price of $1,210,292. The pace of sales was lighting quick during February. Properties closed in an average of only 20 days.
Six of the eleven sales were in a 9-unit building at 3133 24th Street. This building was recently converted from commercial use to residential. It was formerly a parking garage and auto repair shop. Post conversion, which included a seismic retrofit, the building was divided into 9 loft-style floor plans and one ground floor retail space.
For more info or if you are looking to buy or sell a condo in the Mission District feel free to drop us a line. We can help.
|Address||Type||List Price||Sale Price||Date Sold||Days on Market|
|550 Van Ness #304||1BR/1BA||$569,000||$587,500||2/7/14||20|
|3452 18th St #A||1BR/1BA||$679,000||$732,000||2/24/14||20|
|1106 Treat Ave||3BR/2BA||$849,000||$915,000||2/19/14||33|
|2130 Harrison St #22||1BR/1.5BA||$799,000||$945,000||2/7/14||16|
|3133 24th St #7||1BR/2BA||$1,050,000||$1,050,000||2/7/14||21|
|2209 Bryant St||3BR/1BA||$879,000||$1,100,000||2/28/14||13|
|3133 24th St #9||2BR/2BA||$1,195,000||$1,200,000||2/20/14||4|
|3133 24th St #8||2BR/2BA||$1,295,000||$1,300,000||2/7/14||21|
|3133 24th St #6||3BR/3.5BA||$1,589,000||$1,589,000||2/28/14||30|
|3133 24th St #5||3BR/3.5BA||$1,695,000||$1,695,000||2/19/14||24|
|3121 20th St #4||3BR/2.5BA||$1,679,000||$1,700,000||2/20/14||13|
|3133 24th St #4||3BR/3.5BA||$1,695,000||$1,710,000||2/28/14||21|
Sale prices and market data are based on information from the San Francisco Association of Realtors Multiple Listing Service.
MLS data is deemed reliable but is not guaranteed.