The South of Market (SoMa), South Beach, Yerba Buena & Mission Bay Condo Market The Paragon Market Report More condos sell in San Francisco’s South of Market (SoMa), South Beach, Yerba Buena and Mission Bay neighborhoods than anyplace else in … Continue reading →
TICs, San Francisco’s Involuntary Reflex — Part 3: The Condo Premium Per Square Foot? Or not…
Last post, we determined that the current difference between the average (annual) price of a condo and that of a TIC is $86,000, down from a high of $124,364 in 2006. (That’s a 30%+ drop, by the way.) Here’s the chart again (sorry for the funky transparency on the sales volume bars).
That’s useful if you’re looking at an average-priced TIC and you’re curious about how much of a premium you’d have to pay for an average-priced condo. But how about reducing that to a per square foot premium? ...