2015 Q1 & Q2 Condo Update PAUL HWANG | RANKED #1 IN SOUTH BEACH | 415.216.8746 | PAUL@SKYBOXREALTY.COM | BRE 01371169
MILLENNIUM TOWER | 10 - 11
THE INFINITY | 4 - 5
LUMINA | 16 - 17
THE METROPOLITAN | 6 - 7 THE WATERMARK | 14 - 15 ONE RINCON HILL | 8 - 9 ONE HAWTHORNE | 12 - 13
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Hello! It was a brisk and favorable first six months of 2015 for property sales in South Beach and Yerba Buena. Many new sales records were established, with Skybox Realty setting the pace. As we enter the 3rd quarter of 2015, 324 units are in contract at Lumina and San Francisco continues to receive national and global attention. We are beginning to see the typical seasonal slowing of sales, yet the market remains very strong. Please contact me for a personalized detailed analysis of your property or the market as it applies to you. Paul Hwang
Principal Broker | Skybox Realty
South Beach/Yerba Buena Fast Facts YERBA BUENA
SOUTH BEACH # of Transactions Average $/SF Average Sales Price Average 1BR $/SF Average 1BR Price Average 2BR $/SF Average 2BR Price
135 $1,191.81 $1,380,803 $1,107.32 $928,240 $1,277.04 $1,625,648
# of Transactions Average $/SF Average Sales Price Average 1BR $/SF Average 1BR Price Average 2BR $/SF Average 2BR Price
49 $1,356.11 $1,665,671 $1,177.49 $1,059,267 $1,439.44 $2,062,383
The Infinity
301 - 333 MAIN | 318 - 338 SPEAR
AVERAGE SALES PRICE 2012 - 2015 Average Sales Price ($)
$2100000 $1900000 $1700000 $1500000 $1300000 $1100000 $900000
2012
2013
2014
2015 to 6/1/15
AVERAGE $/SF 2012 - 2015
Average $/SF
$1600
$1400
$1200
$1000
2012
2013
2014
2015 to 6/1/15
5 SOLD
D42A | $3,498,000 (2BR)
D26G | $1,195,000 (1BR) $1481/sf
D21G | $1,125,000 (1BR) $1394/sf
ACTIVE
301 Main (B)
338 Spear (D)
2015 Q1 & Q2 ACTIVITY |
ACTIVE CONTINGENT
PENDING
B35A | $2,480,000 (2BR) $1956/sf
B30A | $2,200,000 (2BR) $1735/sf B28E | $3,299,000 (3BR) $1965/sf B27F | $2,088,000 (2BR) $1598/sf B26D | $2,420,000 (2BR) $1838/sf B25E | $1,595,000 (2BR) $1352/sf B25H | $1,849,000 (2BR) $1404/sf B23B | $2,418,000 (2BR) $1836/sf
B20H | $1,702,000 (2BR) $1292/sf
B16C | $1,359,000 (1BR) $1680/sf B14A | $1,415,000 (2BR) $1217/sf
D7F | Call For Pricing (1BR)
A4L | $959,000 (1BR)
Data from SFARMLS 6/30/15
318 Spear (A)
A8C | $2,188,000 (3BR) $1675/sf
A4G | $753,000 (0BR) $1400/sf A4H | $985,000 (1BR) $1178/sf
333 Main (C)
C9G | $1,635,000 (3BR)
C4K | $949,950 (1BR) $1142/sf C2B | $1,280,000 (1BR) $1062/sf
C9C | $1,850,000 (3BR) $1295/sf
B5B | $2,369,000 (2BR) $1307/sf B3A | $1,275,000 (2BR) $1100/sf
The Metropolitan 333 - 355 1ST STREET
AVERAGE SALES PRICE 2012 - 2015 Average Sales Price ($)
$1200000 $1100000 $1000000 $900000 $800000 $700000 $600000
2012
2013
2014
2015 to 6/1/15
AVERAGE $/SF 2012 - 2015
Average $/SF
$1350
$1150
$950
$750
2012
2013
2014
2015 to 6/1/15
7
2015 Q1 & Q2 ACTIVITY |
SOLD
ACTIVE
ACTIVE CONTINGENT
PENDING
S2601 | $2,150,000 (2BR) $1440/sf S2302 | $2,000,000 (2BR) $1350/sf S2102 | $1,915,000 (2BR) $1293/sf
N1507 | $1,199,000 (2BR) $1262/sf N1404 | $1,300,000 (2BR) $1322/sf
N907 | $1,299,000 (2BR) 1367/sf N606 | $549,000 (0BR) N405 | $849,000 (1BR) $1197/sf N307 | $1,025,000 (2BR) $1079/sf
Data from SFARMLS 6/30/15
N1503 | $949,000 (1BR) $1331/sf
S1110 | $845,000 (1BR) $1252/sf S907 | $1,280,000 (2BR) $1238/sf S710 | $825,000 (1BR) $1222/sf S408 | $755,000 (1BR) $1341/sf
One Rincon Hill
425 1ST STREET | 489 HARRISON
AVERAGE SALES PRICE 2012 - 2015 Average Sales Price ($)
$1700000 $1600000 $1500000 $1400000 $1300000 $1200000 $1100000
2012
2013
2014
2015 to 6/1/15
AVERAGE $/SF 2012 - 2015
Average $/SF
$1500
$1300
$1100
$900
2012
2013
2014
2015 to 6/1/15
2015 Q1 & Q2 ACTIVITY |
9 SOLD
ACTIVE
ACTIVE CONTINGENT
5103 | $2,600,000 (2BR) $1958/sf 4908 | $1,200,000 (1BR) $1589/sf 4607 | $1,288,000 (1BR) $1573/sf 4404 | $949,000 (1BR) $1567/sf 4302 | $2,338,000 (2BR) $1786/sf
3507 | $1,179,000 (1BR) $1440/sf 3208 | $1,079,000 (1BR) $1429/sf 3103 | $1,968,000 (2BR) $1482/sf 2904 | $2,950,000 (3BR) $1515/sf 2702 | $2,149,000 (2BR) $1642/sf 2501 | $1,139,000 (1BR) $1361/sf 2508 | $1,059,000 (1BR) $1403/sf 2407 | $1,150,000 (1BR) $1404/sf
1803 | $1,565,000 (2BR) $1225/sf 1604 | $845,000 (1BR) $1321/sf 1307 | $1,050,000 (1BR) $1282/sf
405 | $2,799,000 (3BR) $1189/sf 404 | $2,400,000 (3BR) $1020/sf
Data from SFARMLS 6/30/15
807 | $1,025,000 (1BR) $1252/sf
1608 | $915,000 (1BR) $1212/sf
PENDING
Millennium Tower 301 MISSION
AVERAGE SALES PRICE 2012 - 2015 Average Sales Price ($)
$2500000 $2400000 $2300000 $2200000 $2100000 $2000000 $1900000
2012
2013
2014
2015 to 6/1/15
AVERAGE $/SF 2012 - 2015
Average $/SF
$1700
$1500
$1300
$1100
2012
2013
2014
2015 to 6/1/15
2015 Q1 & Q2 ACTIVITY |
11 SOLD
ACTIVE
ACTIVE CONTINGENT
53D | $4,750,000 (2BR) $2130/sf 51C | $7,495,000 (2BR) $2659/sf
51D | $4,495,000 (2BR) $2016/sf 49D | $4,588,000 (2BR) $2057/sf
45D | $4,675,000 (2BR) $2277/sf
41E | $3,450,000 (2BR) $2013/sf 38B | $3,300,000 (2BR) $1998/sf
38F | $2,600,000 (3BR) $1624/sf 36D | $4,000,000 (2BR) $2049/sf
32E | $2,755,000 (2BR) $1619/sf
32D | $4,000,000 (2BR) $2049/sf 31A | $2,595,000 (2BR) $1711/sf
22H | $1,080,000 (1BR) $1473/sf
18C | $1,288,000 (1BR) $1546/sf
1004 | $3,000,000 (2BR) $2143/sf
606 | $2,650,000 (1BR) $1623/sf 406 | $2,325,000 (1BR) $1424/sf 301 | $3,600,000 (2BR) $1579/sf
Data from SFARMLS 6/30/15
9J | $1,500,000 (2BR) $1331/sf
5E | $1,500,000 (2BR) $1320/sf 3A | $1,895,000 (2BR) $1281/sf
PENDING
One Hawthorne 1 HAWTHORNE LANE
AVERAGE SALES PRICE 2012 - 2015 Average Sales Price ($)
$1500000 $1400000 $1300000 $1200000 $1100000 $1000000 $900000
2012
2013
2014
2015 to 6/1/15
AVERAGE $/SF 2012 - 2015
Average $/SF
$1400
$1200
$1000
$800
2012
2013
2014
2015 to 6/1/15
2015 Q1 & Q2 ACTIVITY |
13 SOLD
ACTIVE
ACTIVE CONTINGENT
21C | $1,800,000 (2BR) $1371/sf
11E | $1,699,000 (2BR) $1204/sf 9C | $1,725,000 (2BR) $1329/sf
3E | $949,000 (1BR) $1152/sf
Data from SFARMLS 6/30/15
PENDING
The Watermark 501 BEALE
AVERAGE SALES PRICE 2012 - 2015 Average Sales Price ($)
$1700000 $1600000 $1500000 $1400000 $1300000 $1200000 $1100000
2012
2013
2014
2015 to 6/1/15
AVERAGE $/SF 2012 - 2015
Average $/SF
$1500
$1300
$1100
$900
2012
2013
2014
2015 to 6/1/15
15
2015 Q1 & Q2 ACTIVITY |
SOLD
ACTIVE
ACTIVE CONTINGENT
PH1E | $2,250,000 (3BR) $1652/sf
18B | $1,698,000 (2BR) $1666/sf
18F | $1,450,000 (2BR) $1285/sf 16G | $1,425,000 (2BR) $1374/sf
4D | $759,000 (1BR) $1053/sf
1A | $306,559 (1BR) bmr Data from SFARMLS 6/30/15
PENDING
Lumina 201 FOLSOM
LUMINA SALES DATA # of Units # of Units in Contract First Closings
656 320+ Q3 2015
One Bedroom List Price $870,000 - $1,595,000 Average Size 650 - 1000 SF Price/SF $975 - $1800 Current Starting Price $1,050,000 Two Bedroom List Price $1,300,000 - $3,300,000+ Average Size 1350 - 1650 SF Price/SF $960 - $2350+ Current Starting Price $1,495,000
Three Bedroom List Price Average Size Price/SF
$3,200,000 - $5,595,000+ 1800 - 2685 SF $1775 - $2100+
17
CALL FOR SAMPLE PRICING | 415.216.8746
PENTHOUSE II | $49,000,000 (5BR)
PENTHOUSE I | $29,000,000 (4BR)
New Developments SOUTH BEACH & YERBA BUENA
CURRENT DEVELOPMENTS Lumina (See Pg 16 - 17, Currently Selling) 72 Townsend (Currently Selling) # of Units 74 (67 Market Rate) # of Units in Contract 11+ 1BR Price $856,000 - $1,179,000 1BR Average Size 623 - 900 SF 1BR Price/SF $1310 - $1354 SF 2BR Price $1,445,000 - $1,650,000 2BR Average Size 1136 - 1176 SF 2BR Price/SF $1272 - $1403 SF
181 Fremont (Selling Soon) # of Units # of Floors
67 Top 17 Floors
19
Goodbye! We hope that this update was beneficial. If you have any thoughts or suggestions, let us know! Our new Sales Gallery is right around the corner from you - in the retail space at the bottom of The Metropolitan located at 333 1st Street (& Folsom Street). The Skybox Sales Gallery is fully staffed and designed to lease, sell, or buy homes in our wonderful neighborhood. We represent the most beautiful properties in the world, have the most amazing clients, and are completely focused on exceeding your expectations. Skybox Realty is ready and looks forward to being of service to you! Paul Hwang
Principal Broker | Skybox Realty 415.216.8746 | paul@skyboxrealty.com
This document has been prepared by Skybox Realty for advertising and general information only. Skybox Realty makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Skybox Realty excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from.
333 1st Street Suite C San Francisco, CA 94105
PAUL HWAN G
RANKED #1 IN SOUTH BEACH
bre 01371169 | 415.216.8746 paul@skyboxrealty.com
PRSRT STD U.S. POSTAGE PAID CUPERTINO, CA PERMIT #110
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