DOGPATCH CONDO REPORT VI PAVLICEVICH & SHERRY JUNEJA
DOGPATCH
MEDIAN PRICE PER SQUARE FOOT $1000 $900 $800 $700 2014
2015
VI PAVLICEVICH bre 01906246 | 415.828.1114 vi@skyboxrealty.com
2016
SHERRY JUNEJA bre 01916952 | 415.676.7086 sherry@skyboxrealty.com
2017
3
DEAR NEIGHBORS, DOGPATCH MARKET UPDATE
We are at the end of Q1 and there is a lot of volatility in the San Francisco condo market. January was unusually active, due to various factors including the unpredictability of the Trump administration, news of three potential rate hikes in 2017, and the hype surrounding the Warriors breaking ground in our neighborhood. The graph to the left shows the rolling 6 month average $/SF sold in Dogpatch. There was a slight uptick with the sales of multiple 1 bedroom view units, however, there is a consistent gradual decline over the past 12 months. We believe this is the first year of a multi-year correction in our real estate market. There is more equilibrium between buyers and sellers, and we advise sellers to reexamine their time horizons for holding property. If within 12 months, we believe now is the time for sellers to maximize their return on their investment. Please reach out with questions about the Mission Bay market.
Your Neighbors, Vi & Sherry 415.828.1114 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.
TABLE OF CONTENTS DOGPATCH 2017 Q1 REPORT
FAST FACTS
6-7
616 20TH
8-9
638 19TH
10 - 11
1207 INDIANA
12 - 13
1352 INDIANA
14 - 15
ESPIRIT PARK
16 - 17
MILL WHEEL
18 - 19
POTRERO SQUARE LOFTS
20 - 21
ALL DATA IN THIS BOOK REFLECTS SALES BETWEEN APRIL 1, 2016 AND MARCH 31, 2017.
All Data From
DOGPATCH FAST FACTS
47
$1,066,340
$908
32
# SOLD
AVG SALE PRICE
AVG $/SF
AVG DOM
3.5% YOY
28% YOY
4.1% YOY
10% YOY
DOGPATCH
AVERAGE PRICE PER SQUARE FOOT $960 $920 $880 $840 ‘16 Q2
m SFARMLS
‘16 Q3
‘16 Q4
‘17 Q1
616 20TH |
616 20TH
3
$841,667
$1,107
# SOLD
AVG SALE PRICE
AVG $/SF
SOLD
ACTIVE
CONTINGENT
PENDING
All Data From
m SFARMLS
9
18
$900,000
101.36
AVG DOM
MEDIAN PRICE
AVG % SALE/LIST
510 | $900,000 (2BR) $1169/sf 440 | $900,000 (2BR) $1210/sf 320 | $725,000 (1BR) $942/sf
638 19TH | 638 19TH 0
----
----
# SOLD
AVG SALE PRICE
AVG $/SF
SOLD
ACTIVE
CONTINGENT
PENDING
All Data From
m SFARMLS
11
----
----
----
AVG DOM
MEDIAN PRICE
AVG % SALE/LIST
4 | $1,395,000 (3BR) $869/sf
1207 INDIANA | 1207 INDIANA 2
$1,212,500
$802
# SOLD
AVG SALE PRICE
AVG $/SF
SOLD
ACTIVE
CONTINGENT
PENDING
All Data From
13
65
$1,212,500
103.28
AVG DOM
MEDIAN PRICE
AVG % SALE/LIST
20 | $1,200,000 (2BR) $832/sf
4 | $1,225,000 (2BR) $771/sf
m SFARMLS
1352 INDIANA | 1352 INDIANA 0
----
----
# SOLD
AVG SALE PRICE
AVG $/SF
SOLD
ACTIVE
CONTINGENT
PENDING
All Data From
m SFARMLS
15
----
----
----
AVG DOM
MEDIAN PRICE
AVG % SALE/LIST
ESPIRIT PARK | 989 20TH | 801 / 875 INDIANA | 850 / 868 M 8
$990,500
$995
# SOLD
AVG SALE PRICE
AVG $/SF
SOLD
ACTIVE
CONTINGENT
PENDING
561 | $1,150,000 (2BR) $813/sf 363 | $1,175,000 (2BR) $845/sf 362 | $1,135,000 (2BR) $926/sf
361 | $1,250,000 (2BR
212 | $915,000 (1BR) $1096/sf
All Data From
17
MINNESOTA
25
$912,500
102.87
AVG DOM
MEDIAN PRICE
AVG % SALE/LIST
R) $1006/sf
m SFARMLS
568 | $840,000 (1BR) $1006/sf 468 | $849,000 (1BR) $1017/sf 324 | $850,000 (1BR) $998/sf 213 | $910,000 (1BR) $1068/sf
MILL WHEEL | 1275 / 1301 INDIANA | 1260 / 1280 MINNESOT 2
$1,162,500
$855
# SOLD
AVG SALE PRICE
AVG $/SF
SOLD
ACTIVE
CONTINGENT
PENDING
205 | $1,090,000 (2BR) $868/sf
All Data From
19
TA
m SFARMLS
41
$1,162,500
98.60
AVG DOM
MEDIAN PRICE
AVG % SALE/LIST
103 | $1,235,000 (2BR) $842/sf
POTRERO SQUARE LOFTS |
701 MINNESOTA
2
$930,000
$945
# SOLD
AVG SALE PRICE
AVG $/SF
SOLD
ACTIVE
CONTINGENT
PENDING
223 | $1,150,000 (2BR) $927/sf 152 | $710,000 (1BR) $963/sf
All Data From
m SFARMLS
21
27
$930,000
100.65
AVG DOM
MEDIAN PRICE
AVG % SALE/LIST
SOLD UNITS 4.1.16 - 3.31.17 Address
BR
BA
Status
Status Date
701 Minnesota #152
1
1
Sold
11.3.16
989 20th #568
1
1.5
Sold
6.29.16
616 20th #320
1
1
Sold
11.10.16
989 20th #468
1
1.5
Sold
2.24.17
875 Indiana #324
1
1.5
Sold
9.26.16
616 20th #510
2
1
Sold
2.17.17
616 20th #440
2
1
Sold
4.12.16
868 Minnesota #213
1
1.5
Sold
5.5.16
868 Minnesota #212
1
1.5
Sold
4.28.16
1275 Indiana #205
2
2
Sold
4.21.16
801 Indiana #362
2
2.5
Sold
5.27.16
701 Minnesota #223
2
2
Sold
3.29.17
801 Indiana #363
2
2.5
Sold
12.30.16
1207 Indiana #20
2
2
Sold
9.23.16
1207 Indiana #4
2
2
Sold
6.21.16
1260 Minnesota #103
2
2
Sold
8.30.16
801 Indiana #361
2
2
Sold
5.24.16
* Only showing sold units in buildings featured in this book. Does not include new construction.
All Data From
23 DOM
SF
List Price
Sold Price
$/SF
15
737
$699,000
$710,000
$963
43
835
$875,000
$840,000
$1006
24
770
$715,000
$725,000
$942
32
835
$849,000
$849,000
$1017
39
852
$869,000
$850,000
$998
7
770
$888,000
$900,000
$1169
24
744
$888,000
$900,000
$1210
4
852
$875,000
$910,000
$1068
13
835
$875,000
$915,000
$1096
33
1256
$1,099,000
$1,090,000
$868
41
1226
$1,190,000
$1,135,000
$926
39
1241
$1,149,000
$1,150,000
$927
21
1391
$1,095,000
$1,175,000
$845
0
1442
$1,199,000
$1,200,000
$832
65
1589
$1,199,000
$1,225,000
$771
49
1467
$1,259,000
$1,235,000
$842
9
1243
$1,150,000
$1,250,000
$1006
m SFARMLS
VI PAVLICEVICH bre 01906246 | 415.828.1114 vi@skyboxrealty.com
SHERRY JUNEJA bre 01916952 | 415.676.7086 sherry@skyboxrealty.com