Wednesday, October 12, 2016

The state of TICs in San Francisco

1. Tenants-in-Common (TICs) are now about 9% of all sales in the condo/TIC market.  This is approximately the same percentage the last four years but well below the peak of 24% back in 2007.

2. Average selling prices are approx. 7-13% less than a comparable condominium.

3. TICs comprise approx. 13% of all condo/TIC listings. Average listing price for 2 bedroom TICs is currently is 9-13% higher than the comparable condo. This is an anomaly since historically TICs sell for below a comparable condo.

Click here to see the full report.

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