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March 15, 2018

What’s Selling Now: New Construction Condos

The new construction condo market is constantly changing as new properties hit the market, developers revise pricing, and projects simply sell out. It can be a part-time job keeping track of available inventory throughout San Francisco.

I’ve rounded up my favorite new developments currently selling condos. And if you’re interested in scheduling a tour, don’t hesitate to get in touch . I’m not on the sales teams for any of these developments, but can represent you independently. This means I can get you started with a loan preapproval and walk you through the contract and the entire process—looking out for your best interests.

Here are your best bets for new construction condos right now:
One Mission Bay (110 Channel)
Neighborhood: Mission Bay

Current Inventory: 80 units of 350 available
The Prices: Studios from $575,000; 1BRs from $725,000; 2BRs from $1,250,000; 3BRs from $1.7M
Avge Price Per Square Foot: $1,237
HOA Dues: $622-$825/month
The Perks: Resort-style deck; pool, spa, cabanas and fire pit; resident lounge; library
Buy If: You’d like top-tier amenities and want to be in the midst of a constantly developing neighborhood that’s now on track to be the future home of the Warriors
Developer: CIM Group

The Harrison (401 Harrison)
Neighborhood: South Beach/Rincon Hill

Current Inventory: 149 of 299 condos in what is the second tower of One Rincon
The Prices: 1BRs: from $995,000; 2BRs from $1,725,000; 3BRs in $4M range, one for $8.2M
Avge Price Per Square Foot: $1,300
HOA Dues: $1,240-$1,480/mo
The Perks: Private lounge; huge fitness center; concierge service; pool and jacuzzi
Buy If: You want to live in a luxury high rise with views and a hip design
Developer: Maximus Real Estate Partners, design by Ken Fulk

Lumina (201 Folsom)
Neighborhood: South Beach

Current Inventory: Fewer than 600 of 656 condos (90% sold out)
The Prices: 1BRs from $1,270,000; 2BRs from $1.9M; 3BRs from $3.3M
Avge Price Per Square Foot: $1,363
HOA Dues: $930-$1,350/mo
The Perks: Club lounge, private dining room, rooftop terrace, concierge, business center, children’s and game rooms, music practice room, pool, fitness center, spa, pet grooming station, screening room
Buy If: You’re looking for a luxury building with A+ amenities and views
Developer Tishman Speyer

99 Rausch
Neighborhood: South of Market

Current Inventory: 91 of 112 condos available
The Prices: Studios from $669,000; 1BRs from $859,000; 2BRs from $1,325,000
Avge Price Per Square Foot: $1,300
HOA Dues: $520-$780/mo
The Perks: Front desk attendant; conference room; gym; outdoor yoga platform; rooftop terrace; barbeque area; outdoor media area; bike repair and dog wash stations
Buy If: You work downtown and want a state-of-the-art building in an urban location central to restaurants, public transportation and freeways
Developer: Belrich Partners

Fulton 555 (555 Fulton)
Neighborhood: Hayes Valley

Current Inventory: 80 homes of 139 available
The Prices: 1BRs from $700,000, 2BRs from $923,000
Avge Price Per Square Foot: $1,200-$1,300
HOA Dues: $490-$600/mo
The Perks: Probably the biggest one is being in the heart of San Francisco’s latest restaurant capital. Front door attendance, common social areas
Buy If: You want to be in a position to eat dinner out every night without walking more than four blocks in any direction
Developer: Fulton Street Ventures

Stage 1075 (1075 Market)
Neighborhood: Mid-market

Current Inventory: 62 of 90 condos available
The Prices: Studios from $562,000; 1BRs from $708,000; 2BRs from $1,154,000
Avge Price Per Square Foot: $1,200
HOA Dues: $585-$820/mo
The Perks: Landscaped courtyard; dog run/washing station; virtual doorman; rooftop deck with BBQ
Buy If: You work downtown and want an easy commute and a very urban location
Developer: Encore Housing

The Austin (1545 Pine)
Neighborhood: Lower Nob Hill

Current Inventory: 48 of 103 homes remain
The Prices: Studios from $600,000; 1BRs in the $900,000s; 2BRs from $1.5M
Avge Price Per Square Foot: $1,400
HOA Dues: $650-$1,015/mo
The Perks: Front desk and concierge; landscaped courtyard; bike room; roof deck with fireplace; pet washing room
Buy If: You want a luxury building with easy access to the Polk Street corridor and public transportation
Developer: Pacific Eagle Holdings

815 Tennessee
Neighborhood: Dogpatch

Current Inventory: 35 units available
The Prices: 1BRs from $885,000; 2BRs from $1.3M
Avge Price Per Square Foot: $1,300
HOA Dues: $580-$710/mo
The Perks: Roof terrace, lobby attendant; bbq grill and outdoor area
Buy If: You’re looking for a hip, walkable neighborhood with an industrial, artistic edge that’s near restaurants, bars, Mission Bay and is serviced by a Muni rail line
Developer: DM Development

[Data courtesy of the SF MLS, Polaris Pacific, and individual sales offices]

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