There are currently about 50 condos available in the Mission Bay area; most of them are in five major developments. NAR reported condo prices in San Francisco as a whole to have dropped just over 5% from the second quarter to the third quarter so it seems prices have been affected. In this area in particular they also tend to have a longer time on the market than average.
Having said that, this area is not yet fully developed, and there are some very interesting things coming up that are getting a lot of attention. One is the building Arterra which is set to be San Francisco's first LEED certified residential high rise. Also the UCSF reasearch campus, once finished, will no doubt breathe life into the area. I just wrote about this area and the various developments in my blog; feel free to take a look. www.sanfranciscohomes.blogspot.com... more