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San Francisco’s real estate transfer tax revenue grows for first time in years

More expensive buildings are selling as the city tries to turn a corner
The sale of 799 Market St. is one of a growing number of high-value real estate deals in San Francisco this fiscal year. (CoStar)
The sale of 799 Market St. is one of a growing number of high-value real estate deals in San Francisco this fiscal year. (CoStar)

More expensive buildings have sold in San Francisco in this fiscal year, a sign that the city’s battered post-COVID-19 office market finally may be starting to turn a corner.

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