About Museum Parc
Museum Parc is a 15 story, 233 unit, luxury condominium building built in 1988 which includes retail space and a public parking garage. It’s desirable location is in the vibrant SOMA area of San Francisco, adjacent to Moscone Center , walking distance to museums, restaurants, theater, shopping, transportation and more.
The building incorporates ground level retail space comprising of a Crunch Fitness, Chaat Indian Restaurant, and Museum Parc Dry Cleaners
Museum Parc is located at 300 3rd Street in San Francisco (at the corner of 3rd Street and Folsom)
What’s Happening In The Market? September Update
Please note: this SFAR data is for Aug 2023
Higher mortgage rates, along with elevated sales prices and a lack of housing inventory, have continued to impact market activity during the summer homebuying season. The average 30-year fixed-rate mortgage has remained above 6.5% since May, recently hitting a two-decade high in August, according to Freddie Mac. As a result, existing-home sales have continued to slow nationwide, dropping 2.2% month-over-month as of last measure, with sales down 16.6% compared to the same time last year, according to the National Association of REALTORS® (NAR).
New Listings were up 5.4 percent for single family homes but decreased 5.2 percent for Condo/TIC/Coop properties. Pending Sales decreased 15.5 percent for single family homes and 11.6 percent for Condo/TIC/Coop properties.
The Median Sales Price was down 1.8 percent to $1,576,000 for single family homes but increased 9.3 percent to $1,093,386 for Condo/TIC/Coop properties. Months Supply of Inventory increased 33.3 percent for single family units and 17.2 percent for Condo/TIC/Coop units.
Falling home sales have done little to cool home prices, however, which have continued to sit at record high levels nationally thanks to a limited supply of homes for sale. According to NAR, there were 1.11 million homes for sale heading into August, 14.6% fewer homes than the same period last year, for a 3.3 months’ supply at the current sales pace. The shortage of homes for sale has boosted competition for available properties and is driving sales prices higher, with NAR reporting a national median existing-home price of $406,700, a 1.9% increase from a year earlier.
Museum Parc has a large underground garage that is accessible from 3rd Street and Folsom Street. Monthly and daily parking is available.
Please contact ImPark if you have any questions: 415.284.9553 or visit http://www2.impark.com
Museum Parc is very accessible via public transportation.
Via BART, MUNI Metro
Disembark at the Montgomery Street Station. Exit to New Montgomery and Market Streets. Continue on Market for 1 block and turn left on 3rd Street. Walk three blocks south to Third and Folsom.
From the Caltrain Station (Fourth & Townsend). Across Fourth street from the train station, catch either the #15, #30, or #45 lines. Get off at Third and Folsom.
For all Bay Area transit agencies, and traveler information including weather, traffic conditions, and parking, visit 511: The Bay Area Travel Guide.