San Francisco’s new condo inventory plunges as projects sell out


San Francisco’s supply of new condos is quickly dwindling as buyers snap up homes on the market.

The city is down to less than 500 new condos available for purchase — a 34 percent plunge compared with this same time last year, according to Polaris Pacific, a condo marketing and research firm.

“There’s not a lot to sell in San Francisco at the moment,” said Miles Garber, vice president of research for Polaris Pacific.

Several projects are close to selling out all of their units such…

Previous Oceanfront East Honolulu estate sells for $16M: Slideshow
Next Newborn recovery center seeks funds for renovations, increased family resources