San Francisco - New Development Monthly Trends Report - Kelsey
Kelsey Takaha
CDMG’s Monthly Trends Report provides an in-depth look at San Francisco’s neighborhoods districts 6-9 where new developments are most prevalent. Published monthly and highlighting the city’s vast condominium market, we pull information from a combination of public and proprietary databases which access the most up-to-date closing information and sales conditions for new development properties as well as resales.
San Francisco County | Year to Date Condominium Summary
Sales Volume | Year to Date Comparison Since 2018
In a year-over-year comparison to 2024, January to April 2025 has seen a 3 7% increase in the number of condominiums sold (+24 sales).
Average Price & PPSF | Year to Date Comparison Since 2018
In a year-over-year comparison to 2024, there has been an increase in average sale price and a decrease in average sale price per square foot, +2 4% and -2 0% respectively.
Source: InfoSparks: Data points are “Rolling 1 Month” which shows only a month of activity for each data point. Data was sourced on May 21 2025
San Francisco County | Condominium Summary
Supply & Demand
The period from April 2024 to April 2025, saw an average monthly supply of condominiums of 690 8. On the demand side, there has been a 14.0% decrease (-31 sales) compared to April 2024 and a 6 4% decrease (-13 sales) since last month.
Monthly Average Sale Price Change & Average PPSF
In a year-over year comparison the average sale price has increased by 18.9% and in a one-month comparison, it has increased by 15 1%.
$960,000
Source: InfoSparks: Data points are “Rolling 1 Month” which shows only a month of activity for each data point. Data was sourced on May 21, 2025
San Francisco County | Condominium Sales by Price Point
District 6 | Condominium Summary
Supply & Demand
The period from April 2024 to April 2025, saw the supply of condominiums averaging 44 3 per month on market. On the demand side, there has been a 44.4% decrease (-8 sales) compared to April 2024 and a 37.5% decrease (-6 sales) since last month.
Monthly Average Sale Price Change & Average PPSF
In a year-over-year comparison the average sale price has decreased by 13.6% and in a one-month comparison, it has decreased by 5 8%.
$1,600,000
$1,440,000
$1,280,000
$1,120,000
$960,000
$800,000
Source: InfoSparks: Data points are “Rolling 1 Month” which shows only a month of activity for each data point. Data was sourced on May 21, 2025
District 6 | Condominium Sales by Price Point
District 7 | Condominium Summary
Supply & Demand
The period from April 2024 to April 2025, saw the supply of condominiums averaging 60.2 per month on market. On the demand side, there has been a 17.2% increase (+5 sales) compared to April 2024, and a 36 0% increase (+9 sales) compared to last month.
Monthly Average Sale Price Change & Average PPSF
In a year-over year comparison the average sale price has increased by 26 8% and in a one-month comparison, it has decreased by 1 2%.
$1,280,000
$640,000 $960,000
Source: InfoSparks: Data points are “Rolling 1 Month” which shows only a month of activity for each data point. Data was sourced on May 21, 2025
District 7 | Condominium Sales by Price Point
Source: SFAR MLS: Data points were sourced on May 20, 2025 Closed sales are from 01.01.24 – 04 30 24 and 01.01.25 – 04 30 25
District 8 | Condominium Summary
Supply & Demand
The period from April 2024 to April 2025, saw the supply of condominiums averaging 139.4 per month on market. On the demand side, there has been a 26.8% decrease (-11 sales) compared to April 2024, and a 9 1% decrease (-3 sales) compared to last month
Monthly Average Sale Price Change & Average PPSF
In a year-over-year comparison the average sale price has increased by 25 6% and in a one-month comparison, it has increased by 6 9%.
Source: InfoSparks: Data points are “Rolling 1 Month” which shows only a month of activity for each data point. Data was sourced on May 21, 2025
District 8 | Condominium Sales by Price Point
District 9 | Condominium Summary
Supply & Demand
The period from April 2024 to April 2025, saw the supply of condominiums averaging 329 5 per month on market. On the demand side, there has been a 10.3% decrease (-8 sales) compared to April 2024 and a 9.1% decrease (-7 sales) since last month.
Monthly Average Sale Price Change & Average PPSF
In a year-over-year comparison the average sale price has increased by 5 2% and in a one-month comparison, it has increased by 30 6%.
$1,800,000
$1,620,000
$1,440,000
$1,260,000
$1,080,000
Source: InfoSparks: Data points are “Rolling 1 Month” which shows only a month of activity for each data point. Data was sourced on May 21, 2025
District 9 | Condominium Sales by Price Point
Select New Development Resale Search
The following are closed resales from a collection of new developments from the beginning of 2024
2238 Market
815
Four
Select New Development Resale Search
The following are closed resales from a collection of new developments from the beginning of 202 4
Regis Residences
Select New Development Resale Search
The following are closed resales from a collection of new developments from the beginning of 202 4
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
181 Fremont Street, San Francisco
55 and 12 Accessory Suites
Approximate Number of Sales
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
1288 Howard
Address
1288 Howard Street, San Francisco
Developer March Capital Management
Residences 125
Average HOA Fees ~$400 - $460 / Month
Date on Market January 2022
Approximate Number of Sales ~ 70 / 125
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
The
2177 Third
Address
2177 Third Street, San Francisco
Developer Align Real Estate
Residences 114
Average HOA Fees ~$740 - ~$1,100 / Month
Date on Market December 2019
Approximate Number of Sales ~ 101 / 114
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
Address
875 California Street, San Francisco
Developer Grosvenor Americas
Residences 44
Average HOA Fees ~$1,840 / Month
Date on Market March 2021
Approximate Number of Sales ~ 26 / 44
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
The
The Belvedere
Address
2525 Van Ness Ave, San Francisco
Developer March Capital
Residences 28
Average HOA Fees $933 - $981 / Month
Date on Market January 2024
Approximate Number of Sales 28
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
Four Seasons Private Residences
Address
706 Mission Street, San Francisco
Developer Westbrook Partners
Residences 146
Average HOA Fees
/ Month
-
Date on Market June 2019
Approximate Number of Sales ~ 17 / 146 The
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
MIRA
Address
280 Spear Street, San Francisco
Developer Tishman Speyer
Residences
392
Average HOA Fees ~$1,075 - $1,560 / Month
Date on Market November 2018
Approximate Number of Sales ~ 391 / 392
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
One Eleven
Address
588 Minna Street, San Francisco
Developer Z&L Properties
Residences 39
Average HOA Fees ~$525 - ~$680 / Month
Date on Market December 2019
Approximate Number of Sales ~ 32 / 39
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
One Steuart Lane
Address
1 Steuart Lane, San Francisco
Developer
SRE Group LTD / Paramount Group
Residences 120
Average HOA Fees ~$2,500 - ~$3,000 / Month
Date on Market February 2020
Approximate Number of Sales ~ 50 / 120 The
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
Serif
Address
960 Market Street, San Francisco
Developer L37 Partners
Residences 242
Average HOA Fees ~$600 - ~$1,100 / Month
Date on Market June 2021
Approximate Number of Sales ~ 94 / 242
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
Address
488 Folsom Street, San Francisco
Developer Related Residences 118
Average HOA Fees ~$1,550 - ~$2,490 / Month
Date on Market June 2018
Approximate Number of Sales ~ 75 / 118
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
The Bristol
Address
1 Bristol Court, San Francisco
Developer Wilson Meany
Stockbridge Real Estate Funds
Residences 124
Average HOA Fees
$1,290 - $1,420 / Month
Date on Market March 2021
Approximate Number of Sales ~ 62 / 124
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
The Row Homes at Yerba Buena Island
Address
37 & 38 Meadow Drive, San Francisco
Developer Wilson Meany
Stockbridge Real Estate Funds
Residences
12 Released
Average HOA Fees
$1,462 / Month
Date on Market April 2024
Approximate Number of Sales ~ 2 / 12
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
88 at the Park
Address
88 Arkansas Street, San Francisco
Developer First City Development
Residences 127
Average HOA Fees ~$600 - ~$765 / Month
Date on Market May 2022
Approximate Number of Sales ~ 71 / 127
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
Union House
Address
1515 Union Street, San Francisco
Developer DM Development
Average HOA Fees ~$900 - ~$1,680 / Month
Date on Market February 2020
Approximate Number of Sales ~ 38 / 41
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
Norvoir
Address
915 North Point St, San Francisco
Developer JS Sullivan Development
Residences 35
Average HOA Fees ~$540 - ~$885 / Month
Date on Market February 2025
Approximate Number of Sales ~ / 35
The data contained in the tables below refer to initial closings and listings conducted by the developer.
New Construction Project Profile
The information presented below is derived from currently selling new construction developments.
Renou
Address
988 Harrison Street, San Francisco
Developer Sullivan
Residences
Average HOA Fees ~$535 - ~$592 / Month
Date on Market July 2024
Approximate Number of Sales ~ / 90
The data contained in the tables below refer to initial closings and listings conducted by the developer.
