San Francisco Market Update | Q1 2017

Page 1

Russian Hill | San Francisco, CA 0088250

San Francisco Market Update First Quarter 2017 SAN FRANCISCO BROKERAGE 117 Greenwich Street San Francisco, CA 94111 t. 415.901.1700

sothebyshomes.com

All data within this document is pulled from the San Francisco MLS.


A MESSAGE FROM: JEFFREY G. GIBSON Senior Vice President and Brokerage Manager In the first quarter of 2017, the demand for single-family homes in San Francisco continued to grow as did the average sales price, total number of sales and, therefore, total sales volume when compared to the first quarter of 2016. According to the San Francisco Multiple Listing Service, the average sales price for a single-family home climbed five percent in the City, from $1.7 million in Q1 2016 to $1.8 million in Q1 2017. Average sales prices varied District by District, but some rebounded significantly. After seeing prices in District 7 fall from $5.4 million in Q1 2015 to $5 million in Q1 2016, the average sales price jumped 21 percent to $6 million in Q1 2017. The total number of sales of single-family homes across the City also grew three percent in Q1 2017, up from 363 units in Q1 2016 to 374 units in Q1 2017. With growth in both the average sales price and the number of sales, the total sales volume increased eight percent, from $610 million in Q1 2016 to $660 million in Q1 2017.

Jeffrey G. Gibson SAN FRANCISCO BROKERAGE 117 Greenwich Street San Francisco, CA 94111 t. 415.901.1700 sothebyshomes.com/sanfrancisco

The number of condominiums sold in Q1 2017 was almost flat when compared to Q1 2016. In Q1 2017, 560 condos were sold, a slight one percent decrease compared to the 567 condos sold in Q1 2016. While total sales remained steady, the average sales price for a condominium continued to grow, increasing six percent year over year. However, when viewed District by District, the average sales price for a condominium varied. In District 7, the average sales price decreased 12 percent year over year, but in District 8, the average went up 14 percent.

Q1 TOTAL CLOSED SALES (SINGLE FAMILY HOMES)

2013

2014

2015

2016

2017

497

467

428

363

374

DISTRICT 1

39

36

34

29

29

DISTRICT 4

64

63

53

50

49

DISTRICT 5

72

70

65

49

59

DISTRICT 6

6

13

4

3

8

DISTRICT 7

19

18

19

18

12

DISTRICT 8

4

5

3

1

5

DISTRICT 9

54

39

59

38

44

SAN FRANCISCO (TOTAL)

600

500

400

300

200

100

0

2013

2014

2015

2016

2017

Source: SFARMLS - January 1-March 31 each year.

Q1 TOTAL CLOSED SALES (CONDOS)

2013

2014

2015

2016

2017

633

668

583

567

560

680

SAN FRANCISCO (TOTAL)

660

DISTRICT 1

37

22

21

29

20

DISTRICT 4

12

15

9

5

7

DISTRICT 5

93

111

97

66

81

DISTRICT 6

65

69

65

59

66

DISTRICT 7

89

57

63

44

67

DISTRICT 8

90

131

81

83

92

DISTRICT 9

211

238

220

241

196

640 620 600 580 560 540 520 500

2013

2014

2015

2016

2017

Source: SFARMLS - January 1-March 31 each year.

Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc.


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DISTRICT 1 Also known as the Richmond District, District 1 is nestled on the Northwest corner of San Francisco. Home to many distinct neighborhoods, including Jordan Park, Lake, Laurel Heights, Outer Richmond, Central Richmond, Inner Richmond, and Sea Cliff, the district borders both the Golden Gate Park and the Pacific Ocean. In District 1, residents and visitors alike can enjoy some fun in the park, or sit back and gaze upon the vast ocean.

SINGLE FAMILY HOME SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$2,500,000

$2,500,000 60

$2,000,000

$2,000,000 50

$1,500,000

$1,500,000

$1,000,000

$1,000,000

40

30

20

$500,000

$-

$500,000

10

0

2013

2014

San Francisco

2015

2016

2017

$-

2013

2013

District 1

2014

2014

2015

Francisco SanSan Francisco

2016

2015

2017

2016

2017

District 1 1 District

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$1,519,283

$1,454,374

$1,803,761

$2,054,169

$1,943,855

-5.4%

AVERAGE SOLD PRICE

$1,587,079

$1,567,467

$1,951,122

$2,130,086

$2,063,596

-3.1%

AVERAGE DAYS ON MARKET

36

39

20

32

48

47.8%

TOTAL SINGLE FAMILY HOMES SOLD

39

36

34

29

29

0.0%

SINGLE FAMILY HOMES | Q1

SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco

4


DISTRICT 1

Q1 AT A GLANCE

-3

+9

Total sales volume for single family homes was down to $59,844,277

%

48 days

The average sales price for a condominium increased to $1,157,875

%

20 units

Average time on market for a single family home— a 48% increase compared to Q1 2016

The total number of condominiums sold— down 31% compared to Q1 2016

CONDOMINIUM SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$1,400,000 60

60

$1,200,000 50

50

$1,000,000 40

40

$800,000

30

30

$600,000

20 $400,000

20

10 $200,000

10

0

$-

2013

2013

2014 2014

20152015

San Francisco Francisco San

2016 2016

0

2017 2017

2013

District District11

2014

2015

San Francisco

2016

2017

District 1

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$731,889

$994,727

$1,097,667

$941,136

$1,081,600

14.9%

AVERAGE SOLD PRICE

$766,459

$1,068,448

$1,199,738

$1,066,966

$1,157,875

8.5%

AVERAGE DAYS ON MARKET

55

46

36

25

24

-4.2%

TOTAL CONDOS SOLD

37

22

21

29

20

-31.0%

CONDOMINIUMS | Q1

5


DISTRICT 4 District 4, also referred to as West of Twin Peaks, is located in a heavily wooded and picturesque area of San Francisco. District 4 encompasses 16 neighborhoods: Balboa Terrace, Diamond Heights, Forest Hill, Forest Hill Extension, Forest Knolls, Ingleside Terrace, Midtown Terrace, Miraloma Park, Monterey Heights, Mount Davidson Manor, Sherwood Forest, St. Francis Wood, Sunnyside, West Portal, Westwood Highlands and Westwood Park.

SINGLE FAMILY HOME SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

45

45

40

40

$2,000,000 $1,800,000

35 $1,600,000

35

$1,400,000

30

30

$1,200,000

25

25

$1,000,000

20

20

15 $600,000

15

$400,000 10

10

$800,000

$200,000

5

5

$-

0

2013

2014

2013

2014

2015

2015

San Francisco

San Francisco

2016

2016

2017

0

2017

2013

District 4

District 4

2014

2015

San Francisco

2016

2017

District 4

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$1,080,119

$1,163,193

$1,291,253

$1,420,558

$1,379,039

-2.9%

AVERAGE SOLD PRICE

$1,159,538

$1,288,624

$1,424,894

$1,570,430

$1,580,291

0.6%

AVERAGE DAYS ON MARKET

36

32

33

24

27

13.9%

TOTAL SINGLE FAMILY HOMES SOLD

64

63

53

50

49

-2.0%

SINGLE FAMILY HOMES | Q1

SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco

6


DISTRICT 4

Q1 AT A GLANCE

-1 %

7

Total sales volume for single family homes was down to $77,434,276

+0.6 %

The total number of condominiums sold— a 40% increase compared to Q1 2016

units

-2 %

The average sales price for a single family home was steady at $1,580,291

The average sales price for a condominium fell to $665,571

CONDOMINIUM SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$1,400,000 80

80

70 $1,200,000

70

60 $1,000,000

60

50

50

$800,000 40

40

$600,000 30

30

$400,000 20

20

10 $200,000

10

0

$-

2013

2014

2013

2014

2015 2015

San Francisco San Francisco

2016 2016

0

2017 2017

2013

District 4 4 District

2014

2015

2017

2016

San Francisco

District 4

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$485,490

$595,733

$557,211

$659,200

$630,857

-4.3%

AVERAGE SOLD PRICE

$509,606

$623,933

$619,000

$679,600

$665,571

-2.1%

AVERAGE DAYS ON MARKET

69

30

24

56

24

-57.6%

TOTAL CONDOS SOLD

12

15

9

5

7

40.0%

CONDOMINIUMS | Q1

7


DISTRICT 5 District 5, commonly known as the Central District, is in the geographic center of San Francisco. The sunny region, with its charm and vitality, is popular with both tourists and residents. The district is home to the neighborhoods of Ashbury Heights, Buena Vista Park, Clarendon Heights, Corona Heights, Cole Valley, Castro, Dolores Heights, Duboce Triangle, Glen Park, Haight Ashbury, Noe Valley, Twin Peaks and Mission Dolores.

SINGLE FAMILY HOME SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$3,000,000

$3,000,000

45 $2,500,000

$2,500,000 40

$2,000,000

$2,000,000 30

35

25 $1,500,000

$1,500,000

20 15 $1,000,000

$1,000,000

10 $500,000

$500,000 5

0 $-

2013

2014

San Francisco

2015

2016

2013

$-

2017

2013

2014

2015

2014

San Francisco San Francisco

District 5

2016

2015

2016

2017 2017

District 5 District 5

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$1,735,429

$2,057,756

$2,195,969

$2,265,143

$2,588,373

14.3%

AVERAGE SOLD PRICE

$1,807,085

$2,261,461

$2,417,036

$2,487,060

$2,756,127

10.8%

AVERAGE DAYS ON MARKET

39

27

21

27

22

-16.6%

TOTAL SINGLE FAMILY HOMES SOLD

72

70

65

49

59

20.4%

SINGLE FAMILY HOMES | Q1

SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco

8


DISTRICT 5

Q1 AT A GLANCE

+33 %

81 units

Total sales volume for single family homes was up to $162,611,500

59 units

Total number of condominiums sold—a 23% increase from Q1 2016

+14 %

Total number of single family homes sold—a 20% increase from Q1 2016

The average sales price for a condominium grew to $1,451,044

CONDOMINIUM SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$1,600,000 60

60

$1,400,000 50

50

$1,200,000 40 $1,000,000

40

30 $800,000

30

$600,000 20

20

$400,000 10

10

$200,000 0

$-

2013

2014

2013

2014

2015 2015

San Francisco San Francisco

2016 2016

0

2017 2017

2013

District 5 5 District

2014

2015

2016

San Francisco

2017

District 5

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$836,464

$1,000,168

$1,043,844

$1,199,424

$1,337,870

11.5%

AVERAGE SOLD PRICE

$900,531

$1,098,284

$1,182,769

$1,278,015

$1,451,044

13.5%

AVERAGE DAYS ON MARKET

48

27

30

47

28

-41.0%

TOTAL CONDOS SOLD

93

111

97

66

81

22.7%

CONDOMINIUMS | Q1

9


DISTRICT 6 District 6, also referred to as the Central North, is a vibrant area with easy access to public transportation, trendy boutiques, excellent restaurants and gorgeous City views. The neighborhoods that encompass District 6 include Alamo Square, Hayes Valley, Western Addition, Lower Pacific Heights, Anza Vista and North Panhandle (NoPa). Homes vary from stunning mansions and Victorian houses to quaint single family homes and chic condominiums.

SINGLE FAMILY HOME SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$4,000,000 80

80

$3,500,000 70

70

$3,000,000 60

60

$2,500,000 50

50

$2,000,000 40

40

30 $1,500,000

30

20 $1,000,000

20

10 $500,000

10

0

$-

2013

2014

2013

2015

2014

San Francisco San Francisco

2016

2015

2016

0

2017

2013

2014

2015

2016

2017

2017

District 6 District 6

San Francisco

District 6

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$2,423,667

$1,980,846

$1,501,750

$3,074,667

$3,292,500

7.1%

AVERAGE SOLD PRICE

$2,390,833

$2,054,202

$1,501,750

$3,268,333

$3,357,500

2.7%

AVERAGE DAYS ON MARKET

54

47

11

69

34

-50.3%

TOTAL SINGLE FAMILY HOMES SOLD

6

13

4

3

8

166.7%

SINGLE FAMILY HOMES | Q1

SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco

10


DISTRICT 6

Q1 AT A GLANCE

+174 %

Total sales volume for single family homes was up to $26,860,000

+3 %

-0.2 %

The average sales price for a condominium was steady at $1,204,256

66 units

Total number of condominiums sold—a 12% increase from Q1 2016

The average sales price for a single family home grew to $3,357,500

CONDOMINIUM SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$1,400,000 60

60

$1,200,000

50

50

$1,000,000

40

40

$800,000

30

30

$600,000

20

20

$400,000

10

10

$200,000

0 $-

2013

2014 2013

2015 2014

San Francisco San Francisco

2015

2016 2016

0

2017

2013

2014

2015

2016

2017

2017

District 6 6 District

San Francisco

District 6

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$704,877

$788,635

$941,103

$1,116,396

$1,160,293

3.9%

AVERAGE SOLD PRICE

$735,851

$858,002

$1,044,219

$1,206,688

$1,204,256

-0.2%

AVERAGE DAYS ON MARKET

43

50

30

39

37

-3.1%

TOTAL CONDOS SOLD

65

69

65

59

66

11.9%

CONDOMINIUMS | Q1

11


DISTRICT 7 District 7 is located in the northernmost region of San Francisco. With the Golden Gate Bridge and the San Francisco Bay to the north and downtown to the east, the district is ideal for both work and recreation. With beautiful bay views, chic boutiques, and lush parks, residents can find plenty of activities in the Marina, Cow Hollow, Pacific Heights and Presidio Heights.

SINGLE FAMILY HOME SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$7,000,000 70

70

$6,000,000 60

60

$5,000,000 50

50

$4,000,000 40

40

$3,000,000 30

30

20 $2,000,000

20

10

10

$1,000,000 0

$-

2013

2014

2013

2014

2015

2015

2016

2016

0

2017

2017

2013

2014

2015

San Francisco

2016

2017

SanSan Francisco Francisco

District District77

SINGLE FAMILY HOMES | Q1

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$4,355,474

$4,797,444

$5,201,842

$4,977,020

$5,808,750

16.7%

AVERAGE SOLD PRICE

$4,221,526

$4,711,500

$5,441,658

$5,005,353

$6,069,583

21.3%

AVERAGE DAYS ON MARKET

57

20

18

29

48

67.8%

TOTAL SINGLE FAMILY HOMES SOLD

19

18

19

18

12

-33.3%

SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco

District 7

12


DISTRICT 7

Q1 AT A GLANCE

-19 %

Total sales volume for single family homes was fell to $72,835,000

+21 %

-12 %

The average sales price for a condominium decreased to $1,661,284

67 units

Total number of condominiums sold—a 52% increase from Q1 2016

The average sales price for a single family home grew to $6,069,583

CONDOMINIUM SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$2,000,000 70

70

$1,800,000 60 $1,600,000

60

50 $1,400,000

50

$1,200,000 40

40

$1,000,000 30 $800,000

30

20 $600,000

20

$400,000 10

10

$200,000 0

$-

2013

2014

2013

2014

2015 2015

San Francisco San Francisco

2016 2016

0

2017 2017

2013

District 7 7 District

2015

2014

2017

2016

San Francisco

District 7

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$1,184,885

$1,424,893

$1,486,480

$1,808,975

$1,633,164

-9.7%

AVERAGE SOLD PRICE

$1,202,972

$1,475,969

$1,633,157

$1,880,538

$1,661,284

-11.7%

AVERAGE DAYS ON MARKET

61

41

25

28

40

40.6%

TOTAL CONDOS SOLD

89

57

63

44

67

52.3%

CONDOMINIUMS | Q1

13


DISTRICT 8 District 8 includes the business and financial center of San Francisco, and serves as a popular tourist destination. Encompassing the skyscrapers of the Financial District, culture and art with the San Francisco Opera and Ballet, and popular locations like Fisherman’s Wharf and Chinatown, the district is truly the heart of the City. Residential neighborhoods include North Beach, Russian Hill, Nob Hill, Telegraph Hill and North Waterfront.

SINGLE FAMILY HOME SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$4,500,000 70

70

$4,000,000 60 $3,500,000

60

50 $3,000,000

50

$2,500,000 40

40

$2,000,000 30

30

$1,500,000 20

20

$1,000,000 10

10

$500,000 0

$-

2013

2014

2013

2014

2015 2015

Francisco SanSan Francisco

2016 2016

0

2017 2017

2013

District 8 8 District

2014

2015

2016

San Francisco

2017

District 8

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$2,548,750

$2,933,000

$1,699,333

$4,250,000

$3,984,400

-6.2%

AVERAGE SOLD PRICE

$2,505,000

$3,045,000

$1,936,667

$4,000,000

$3,781,000

-5.5%

64

8

27

18

63

251.1%

4

5

3

1

5

400.0%

SINGLE FAMILY HOMES | Q1

AVERAGE DAYS ON MARKET

TOTAL SINGLE FAMILY HOMES SOLD

SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco

14


DISTRICT 8

Q1 AT A GLANCE

+373%

5 units

Total sales volume for single family homes rose from $4,000,000 in Q1 2016 to $18,905,000

+14 %

The average sales price for a condominium increased to $1,442,888

92 units

Total number of single family home sold—a 400% increase from 1 unit sold Q1 2016

Total number of condominiums sold—a 11% increase from Q1 2016

CONDOMINIUM SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$1,600,000 60

60

$1,400,000 50

50

$1,200,000

40 $1,000,000

40

30 $800,000

30

$600,000 20

20

$400,000

10 $200,000 0

$-

10

2013

2013

2014 2014

20152015

San San Francisco Francisco

2016 2016

0

2017 2017

2013

District88 District

2014

2015

San Francisco

2016

2017

District 8

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$936,020

$1,137,208

$1,418,327

$1,225,074

$1,436,471

17.3%

AVERAGE SOLD PRICE

$949,494

$1,161,420

$1,466,048

$1,265,893

$1,442,888

14.0%

AVERAGE DAYS ON MARKET

44

44

40

35

45

28.9%

TOTAL CONDOS SOLD

90

131

81

83

92

10.8%

CONDOMINIUMS | Q1

15


DISTRICT 9 District 9, the central-eastern portion of San Francisco includes the neighborhoods Bernal Heights, the Central Waterfront/Dogpatch, Inner Mission, Mission Bay, Potrero Hill, South Beach and South of Market (SoMa). The area includes some of the oldest homes in San Francisco, having escaped the 1906 earthquake and fire destruction. District 9’s real estate includes cottages, bungalows and single-family homes in Bernal Heights and Potrero Hill, and warehouse-converted lofts and condominiums in SoMa, South Beach and Yerba Buena.

SINGLE FAMILY HOME SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$2,000,000

$2,000,000

$1,800,000

$1,800,000

$1,600,000

$1,600,000

$1,400,000

$1,400,000

$1,200,000

$1,200,000

$1,000,000

$1,000,000

45 40 35 30 25 20

$800,000

$800,000

15

$600,000

$600,000

10

$400,000

$400,000 5

$200,000 $-

$200,000 0

2013

2014

2015

2016

2017

$-

2013

2013

2014

2014

2015

San Francisco San Francisco

2016

2015

2016

2017

2017

District 99 District

San Francisco

District 9

SINGLE FAMILY HOMES | Q1

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$839,914

$1,069,872

$1,304,108

$1,361,076

$1,383,623

1.7%

AVERAGE SOLD PRICE

$921,231

$1,221,510

$1,477,521

$1,541,039

$1,501,741

-2.6%

AVERAGE DAYS ON MARKET

42

35

24

23

28

21.7%

TOTAL SINGLE FAMILY HOMES SOLD

54

39

59

38

44

15.8%

SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco

16


DISTRICT 9

Q1 AT A GLANCE

+13 %

Total sales volume for single family homes grew to $66,076,620

44 units

-0.1 %

The average sales price for a condominium stayed flat at $1,162,527

196 units

Total number of condominiums sold—a 19% decrease from Q1 2016

Total number of single family homes sold—a 16% increase from Q1 2016

CONDOMINIUM SALES AVERAGE SALES PRICE

AVERAGE DAYS ON MARKET

$1,400,000 60

60

$1,200,000 50

50

$1,000,000 40

40

$800,000

30

30

$600,000

20

20

$400,000

10

10

$200,000

0

$-

2013

2014

2013

2014

2015 2015

San Francisco San Francisco

2016 2016

0

2017 2017

2013

District 9 9 District

2014

2015

2016

San Francisco

2017

District 9

2013

2014

2015

2016

2017

Percent Change (2017 v 2016)

AVERAGE LIST PRICE

$897,367

$960,653

$1,118,686

$1,137,756

$1,141,837

0.4%

AVERAGE SOLD PRICE

$912,895

$1,002,487

$1,162,299

$1,163,954

$1,162,527

-0.1%

AVERAGE DAYS ON MARKET

43

33

36

38

46

22.9%

TOTAL CONDOS SOLD

211

238

220

241

196

-18.7%

CONDOMINIUMS | Q1

17


SIGNIFICANT SALES | Q1 2017

YERBA BUENA | $9,000,000 Seller Represented | San Francisco Brokerage

ALAMO SQUARE | $7,350,000 Seller Represented | San Francisco Brokerage

RUSSIAN HILL | $6,847,900 Seller Represented | San Francisco Brokerage

NOB HILL | $5,550,000 Seller Represented | San Francisco Brokerage

PACIFIC HEIGHTS | $4,999,500 Buyer Represented | San Francisco Brokerage

PACIFIC HEIGHTS | $3,600,000 Buyer Represented | San Francisco Brokerage


JEAN-MICHEL BASQUIAT In the Wings, 1986 To be sold in the Contemporary Art Evening Sale New York 18 May 2016

New York Spring Sales 2017

Art of Africa, Oceania, and the Americas Auction 15 May Impressionist & Modern Art Evening Sale Auction 16 May Impressionist & Modern Art Day Sale Auction 17 May Contemporary Art Evening Sale Auction 18 May Contemporary Art Day Sale Auction 19 May Finest and Rarest Wines Auction 20 May American Art Auction 23 May Latin American Modern & Contemporary Art Evening Sale Auction 25 May

We invite you to explore our real estate listings at sothebyshomes.com and view the worldwide auction schedule at sothebys.com/Auctions. ENQUIRIES +1 212 606 7000 © 2017 ARTISTS RIGHTS SOCIETY (ARS), NEW YORK / ADAGP, PARIS


ON THE MARKET

left to right from top to bottom:

METROPOLITAN MARKETS GREENWICH, CT | Web: 0068439 | $5,195,000 NEW YORK, NY | Web: 0139257 | $5,000,000 SAN FRANCISCO, CA | Web: 0088441 | $4,990,000 RESORT MARKETS PALM BEACH, FL | Web: 0077163 | $5,850,000 MONTECITO, CA | Web: 0114101 | $5,395,000 NAPA VALLEY, CA | Web: 1190523 | $5,300,000 FOREIGN MARKETS BERMUDA | Web: 8CX55H | $5,950,000 AUSTRALIA | Web: N6EJ85 | Price Upon Request FRANCE | Web: 9XY5ZZ | Price Upon Request sothebysrealty.com


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