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May 20, 2010

What the Median Price Will Buy You in SF: Condo Edition

We take a look today at the median price in the San Francisco condo market, and what you can get for your money at this price point.

The median price for the 247 reported condo sales since April 1st is $689,000. Here are three properties that are listed for exactly that price:

The first is a 1BR/1BA at 25 Hotaling, a new project in the Jackson Square district downtown. I really liked Hotaling; it’s excellent for buyers looking for a pied-a-terre in an area that gets pretty quiet at night.

We move on to 3919 21st Street in Eureka Valley. I toured this property when it was listed back in mid March. It’s about 700 square feet, and is located on a secluded part of 21st Street, at the rear of the lot. There’s no parking, but there is a lot to walk to in the neighborhood (as well as lots of ZipCars nearby):

The owners paid $645,000 in 2006, so the list price is obviously designed to cover selling costs.

And finally, here’s 301 Bryant #D31, a 914-sq foot 1BR/1BA in great South Beach location:

One glitch here is that the unit is tenant occupied, which is something to consider if you’re not looking to purchase investment property. This is a bright corner unit with a spacious bedroom. HOA dues are $442/mo.

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