One month ago (February 2nd) we took a look at some cold, hard numbers. I chose ten new or newer condominium developments and pulled statistics from the MLS that communicate some very basic data on each building: How many resale units are for sale, what type of home it is (studio, one, two or three bedroom) and how many units are in the building overall? More than a few readers told me that they appreciated this not very scientific survey so I thought it might be interesting to see what difference (if any) one month has made. As I did last time, I kept any pricing analysis out of it because I believe that the aforementioned criteria tell their own story. An asterisk after the building name denotes that new inventory is still available through the sales office.
In a nutshell: small increases in inventory at roughly half the communities surveyed. No discernible trends thus far although it will be interesting to see what the spring resale market looks like. Keep in mind that the first batch of Infinity Tower I closings have also hit the one-year resale prohibition expiration.
If you have any questions about these numbers or would like more detailed information about current inventory and pricing do not hesitate to contact me. Without further ado, The Numbers:
The Beacon
Three studios, eight 1-bedrooms, four 2-bedrooms
Total units available: 15. Total units overall: 595.
The Metropolitan
Six 1-bedrooms and five 2-bedrooms.
Total units available: 11. Total units overall: 342.
Watermark
Four 2-bedrooms and one 3-bedroom.
Total units available: 5. Total overall: 136.
200 Brannan
Three 1-bedrooms, three 2-bedrooms and one 3-bedroom. Total units available: 7. Total units overall: 191.
The Brannan
Two 1-bedrooms, six 2-bedrooms and two 3-bedrooms.
Total units available: 10. Total units overall: 339.
The Potrero
No resale units. Total units overall: 155.
The Hayes *
No resale units. Total units overall: 128.
Arterra *
No resale units. Total units overall: 269.
The Infinity *
One 2-bedroom. Total units available: 1. Total units overall 364 (excluding Tower II).
One Rincon Hill *
Four 1-bedrooms and five 2-bedrooms.
Total resale units available: 9. Total units overall: 376.
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