Mira The 40-story Mira willcomprise a mix of 392 one-, two- and three-bedroomcondominiums.

SAN FRANCISCO—Sales of homes priced above $1 million–andespecially those above $3 million–continue to fare better than lastyear. The exception was Marin County with a decline in sales ofhomes priced between $2 million and $3 million, down by 7% yearover year.

Inventory finally improved, up by 2%, after 16 consecutivemonths of year-over-year declines. Most Bay Area counties hadinventory levels improve in July, according to the latest study byPacific Union International.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.