San Francisco demand strong, prices cool down
The Mark Company and Pacific Union International are pleased to present the latest edition of Economic Straight Talk by Selma Hepp. We combined forces to take a closer look at market dynamics in San Francisco, an urban real estate market that has experienced years of frenzied growth and now shows signs of normalization. Despite strong absorption, The Mark Company’s August Trend Sheet reports both month-over-month and year-over-year declines in the Condominium Pricing Index. Click here to take a deeper dive into what’s driving these decreases, what trends will stick around and what’s on the horizon for the San Francisco condominium market.
Get the latest on market trend by signing up to download The Mark Company’s August Trend Sheets for San Francisco, Downtown Los Angeles, Downtown Seattle and Downtown San Diego.
About The Mark Company
The Mark Company is one of the nation’s premier urban residential marketing and sales firms. Founded by Alan Mark in 1997, The Mark Company provides a full range of core consulting services including analytics, design, marketing and sales for urban high-rises and suburban attached properties throughout the Western United States. The firm is a trusted partner to global leaders in residential development and finance, providing buyer-driven sales and marketing strategies that produce industry-leading results. The Mark Company has represented more than 10,000 residences and generated over $5 billion in sales for some of the nation’s most notable and successful developments including The Infinity in San Francisco, Evo in Los Angeles and The Martin in Las Vegas. Current projects include 181 Fremont Residences and The Harrison in San Francisco and Cavalleri in Malibu. A subsidiary of Pacific Union International, one of the San Francisco Bay Area’s top-performing resale brokerages, The Mark Company benefits from an enriched leadership team, enhanced technology and added global reach through its affiliation with Christie’s International. For more information, please visit www.themarkcompany.com.