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Condo Craziness

As if we needed another reminder of just how crazy the condo market is in SF right now, The San Francisco Business Times has reported that of 555 new condo units recently built a whopping 72.6 percent are already sold. What makes this even more telling is that a portion of these condos are released, but not finished being built yet (see Marlow), cutting into future inventory. And it may not get better any time soon, with less than 100 more units expected this year, and 500 in each 2014 and 2015. [San Francisco Business Times/Curbed SF]

The Marlow

1800 Van Ness, San Francisco, Ca 94109