Mark Company Trend Sheet: Keeping tabs on San Francisco development

Courtesy Flickr Creative Commons user kangotraveler

Courtesy Flickr Creative Commons user kangotraveler

If you’re interested in new construction in San Francisco, the Mark Company Trend Sheet for November has the information you’re going to want. Here are the actively selling developments of 20-plus market-rate units:

• 1001 Seventeenth (1001 17th Street): 26 units, one sold and 25 available.
• 400 Grove (400 Grove Street): 30 units, 29 sold and one available.
• Fulton 555 (555 Fulton Street): 122 units, 46 sold and 76 available.
• LuXe (1650 Broadway Avenue): 34 units, 10 sold and 24 available.
• Lumina (201 Folsom Street): 656 units, 406 sold and 250 available.
• 6 Mint (6 Mint Plaza): 22 units, 18 sold and four available.
• Onyx on the Park (310 Carolina Street): 21 units, 20 sold and one available.
• Park Lane (1100 Sacramento Street): 33 units, 28 sold and five available.
• Rockwell (1688 Pine Street): 260 units, 212 sold and 48 available.
• Seventy2 Townsend (72 Townsend Street): 67 units, 40 sold and 27 available.
• Summit 800 (800 Brotherhood Way): 182 units, 114 sold and 68 available.
• The San Francisco Shipyard Blocks 53-54 (Donahue and Innes Streets): 143 units, 97 sold and 43 available.

According to the Trend Sheet, the median price per square foot for condominiums in the city is $1,022. That’s a 10 percent increase year-over-year and a 6 percent jump month-over-month. The number of sales is at 188, down 6 percent year-over-year and a 20 percent plunge from October, confirming that the holiday season is slower than most. As for active condominium listings, there are 241 units available, with 140 active contingent listings. There is a paltry 1.3 months of inventory available.

As for pending condominium listings, there are 188 units currently, which is a pending percentage of 33 percent. Any figure exceeding 25 percent is indicative of a seller’s market.