Blu released 12 new homes on Saturday and by Sunday six of them were already reserved. The other six will most likely be gone by the end of the week or so.
Elsewhere in SoMa, I spent Sunday at Radiance where traffic was close to nonstop. Unfortunately there’s very little to sell there now. Unit 416 is in contract, but it is a contingent offer. Listed at $999,000, it is a spacious 2 bed/2 bath + den and still worth looking at. Unit 804 is now in contract as well, it was listed at $1.875 mil. Besides a couple of resales, including unit 403 which is a 2 bed/2 bath + den for $825,000, Radiance phase one is now history. I’m told that construction on phase two will begin sometime during the first quarter of 2010 and that construction will take about two years.
Filed under: BLU, Radiance | Tagged: BLU, Blu SF, First Time Home Buyer, Michael Novia, New Developments SoMa, Radiance Mission Bay, Radiance San Fran, Radiance San Francisco, Realtors San Francisco, San Francisco New Developments, San Francisco Real Estate, SoMa Real Estate, South Beach Condos, South Beach Real Estate, South of Market Condos
