San Francisco has seen a rash of new condo projects in the last few years, with more than 2,500 new condos under construction in the city.

Huge demand for housing keeps pushing prices up, leaving few options for buyers in the lower price range.

The number of unsold new condos now sits at 743 units, a 12.8 percent decrease from last year, according to data from Polaris Pacific.

Additionally, the demand for housing has means that the months of remaining inventory – a measure of how long it would…