what was the average sales price for homes in SOMA in the early 1990s (1993)?

Tasia
Other/Just Looking
San Francisco, CA

Answers (3)
Melanie Narducci
Agent
San Francisco, CA

There were 9 loft/condo/TICs sold in 1993; from a $66,000 studio to a $440,000 2/2 with remainder in the $160,000 - 230,000 range. There were 2 5+ unit buildings sold during this time frame, 1 lot (a probate), and 21 unlisted solds per the mls -- The Baycrest, a couple in 75 Folsom. Let me know if you need more info.

Fri Jun 13 2008, 17:19
Nancy Corsaut,...
Agent
San Francisco County,...

According to the statistics provided by the San Francisco Multiple Listing Service, the average sales price in SOMA and South Beach during 1993 was $229,750. This includes condominiums as well as lofts.

Fri Jun 13 2008, 14:05
Melanie Narducci
Agent
San Francisco, CA
FIRST ANSWER

That's a bit of history for SOMA and South Beach ... I used to work there in the late 90's with a dot-com, there wasn't much of a real estate market at that time. The ballpark was built around then and I think the Portside and 88 King (The Towers) was also finished although they began as condos, finished as a rental building and then back to condo sales, as well as the Bay Crest,. The Old Seaman's home was there on Harrison at 1st; and the bridge was still there!

Art Haus moved in about 5 years ago on Brannan ... and started their First Saturday Art Walk a year and a half ago when they noticed there were neighbors walking on weekends. 15 years changes a lot!

Wed Jun 11 2008, 15:08

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