The Mark Company Trend Sheets track sales, pricing and inventory for new condominiums, providing critical month-over-month and year-over-year comparisons.
According to The Mark Company Condominium Pricing Index above, all four markets experienced year-over-year increases. Downtown Seattle showed significant pricing and absorption improvement, with the Index reaching a peak of $814 per square foot and monthly absorption increasing by 127% since the same month last year with approximately 36 new condominiums put into contract last month. New sales in San Francisco continue to outpace new inventory. There are now fewer than 600 units available for sale, marking the lowest new condominium inventory levels since August 2014.
More San Francisco Real Estate statistics from the Mark Company is below:
