ROBERT STERN/THE VARSITY article “This is a big deal,” says Mark Schulman, chief executive officer of Realestate.com, an online real estate marketplace.“This has got a lot of potential to be a huge deal.The value of this property will go up in the long run.”The condo market is now in the midst of its biggest downturn…
The average price of a new condo in San Francisco is $2.5 million, according to the real estate website Zillow.The median price is $1.7 million.The city’s average condo price is about $2 million, the site said.That’s up about $200,000 from the year before.San Francisco has about 1.5 billion residents.The average condo rental is about 50…
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