Despite recent signs that San Francisco is on a path to economic recovery, condos in the city are yet to make a comeback, as several sellers are still slashing their asking prices to try to attract reluctant buyers.

As of Tuesday morning, there were a total of 687 condos listed for sale on real estate marketplace Zillow in San Francisco. Of these, 87 had price reduction—over 12 percent of all listings. Vacation rental investor Rohin Dhar, who often shares Zillow listings with dramatic price cuts on social media, wrote on X, formerly Twitter, about a one-bedroom condo unit in downtown San Francisco; it was recently sold for $680,000, down from the sum of $825,000 it fetched when it was purchased in 2015.

“As condo prices have declined in downtown San Francisco, one bedroom condos have been hit particularly hard,” Dhar wrote on the social-media platform. “Are you generally just better off renting than buying a one bedroom apartment?”

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The Zillow listing shows that the asking price for the property, which was sold on August 7, was reduced four times by the seller since the property was put up for sale in May this year for an initial asking price of $750,000—already much less than its 2015 price. The condo was built in 2009, and homeowner association (HOA) fees are $707 per month.

Dhar shared the listing for another one-bedroom condo unit in downtown San Francisco, which is now being sold for less than it fetched in 2005—about two decades ago. The 618 square feet condo at 260 King Street was sold for $505,000 in November 2005; 10 years later, in June 2015, it was sold again for a higher sum, $615,000; and in 2018, it was purchased for an even higher $670,000.

Now the condo’s seller is trying to get significantly less for the unit. The condo was listed in February for $579,000, and since then, has seen three different price cuts. On August 1, the asking price was lowered to $498,000, but the unit remains unsold. The condo was built in 2004—which means it is 20 years old—and HOA fees are $980 per month.

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Condo prices in San Francisco have seen significant drops since the pandemic, as the city faced a mass exodus of workers, especially in downtown, as well as office and retailers’ closures. Between February 2020 and February 2024, San Francisco’s condo values plunged by 12.8 percent, according to Zillow data, from $1.14 million to $997,000.

While some condo owners are still slashing listed prices and office buildings remain vacant, there have been reports that the situation is starting to change in San Francisco.

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Patrick Carlisle, chief market analyst at Compass, recently told the San Francisco Chronicle that the city’s condo market will face a significant rebound this year, pointing at his company’s data showing that the median price of a condo rose by 5.6 percent between December 2023 and February 2024 compared to the same stretch of time in 2022-23.

The San Francisco Giants are one of the hottest teams in baseball. They have started to find their form over the last few weeks, climbing back into the playoff picture in the National League.

The Giants are a long shot in the NL West, as they are nine games behind the first-place Los Angeles Dodgers. But, they have a legitimate shot for a Wild Card spot, as they are only 1.5 games out.

Depending on how things shake out in their series against the Atlanta Braves, San Francisco could enter the weekend with a wild card spot in hand. That is a huge series beginning on Monday night before playing against the Oakland Athletics and Chicago White Sox in must-win games.

If the Giants are going to defeat the Braves, they will need some more stellar performances. One of the players who has stepped up the most during this hot streak is third baseman Matt Chapman.

Chapman has been on fire at the plate in the second half. In 23 games, he has recorded a slash line of .310/.414/.619. He has hit six doubles, one triple and six home runs, scoring 18 times and knocking in 17 runs. The cherry on top; three stolen bases.

His advanced stats are all elite since the All-Star break, as he has been scorching in August. He already has four home runs this month, which ties his high for a single month this season despite there being 19 days remaining.

This hot streak at the plate has Chapman with a season-long slash line of .249/.338/.450 with 19 home runs, 60 RBI and 12 stolen bases. He has an OPS+ of 125 to boot.

Those numbers may not jump off the page, but Chapman is putting together an MVP-caliber campaign. He should be in the conversation for the prestigious award, with his performance at the plate being buoyed by the incredible job he does defensively at third base.

Chapman is currently No. 3 in the NL in WAR, per Baseball-Reference, with a 5.5. The only players ahead of him are Arizona Diamondbacks star Ketel Marte (6.1) and Dodgers sensation Shohei Ohtani (5.8).

Even based on FanGraphs numbers, which differ slightly from Baseball-Reference, Chapman is still comfortably inside the top 10 at No. 5 ahead of games on August 12th. The glovework isn’t going anywhere; if he keeps up his performance at the plate, he will command MVP consideration.

San Francisco remaining in the playoff hunt is also key to his MVP campaign. Chapman could be in line for the most productive season of his career, which voters will take notice of as long as the Giants remain relevant in the playoff race.

Popular San Francisco bagel maker Daily Driver has permanently closed the Cow Hollow location it opened in late 2023. A manager confirmed the closure to Eater over the phone on Monday, August 12, saying that business at the company’s Union Street location had been relatively slow. Founders Tamara Hicks and David Jablons opened the first location of Daily Driver in San Francisco’s Dogpatch neighborhood in 2019, helping usher in the Bay Area’s bagel wave by serving fresh-churned cream cheese and cultured butter and cranking out thousands of hand-rolled bagels a day. Just a year later, the duo added a quick-serve bagel shop at the Ferry Building. Both locations remain open.

Restaurants take another COVID insurance hit

On Thursday, August 8, California’s state Supreme Court ruled that San Francisco restaurant John’s Grill’s financial losses from COVID shutdowns are not covered by an insurance policy that applies specifically to viruses — those “carried by water or windstorms” — the San Francisco Chronicle reports. This was a follow-up to a major ruling in May, when the Court decided that businesses that temporarily closed or canceled events due to shutdowns did not suffer property damage, handing insurance companies a massive win. According to the Chron, John’s Grill already settled its insurance case in 2022 for a “substantial” amount, so it won’t take a financial hit due to the Court’s decision — but the ruling may make it trickier for other businesses disputing insurance policies to win their claims.

Fundraiser launches for cafe owner fighting cancer

Friends have launched a $20,000 GoFundMe campaign to support Sarah Deigert, owner of San Francisco “breakfast speakeasy” and catering business Farm:Table. Deigert is undergoing treatment for breast cancer including both chemo and a double mastectomy while still working to recover from the pandemic’s effects on the restaurant industry. Keep an eye on the GoFundMe page for updates on Deigert’s progress — in the meantime, the cafe is still open for breezy breakfasts of lavender lattes, breakfast sandwiches, sourdough French toast, and more.