2018 Condo Report South Beach & Yerba Buena Paul Hwang | Ranked #1 in South Beach
© Skybox Realty Inc, 2019
Paul Hwang is Ranked #1 in South Beach
Hello 2019, As we thawed out of January 2018, South Beach condo pricing and the pace of sales accelerated into the summer in congruence with equity markets. Year-over-year condo data (2017 vs 2018) was universally up (see page 6). Emerging markets began to crumble over the summer. The domestic stock market followed by being unkind to investors in Q4, as all of the years gains were erased. Indeed, 2018 was the worst for stocks in 10 years! Despite stock market volatility, winter seasonality, rising interest rates, and negative sentiment, South Beach condo activity remained constant in Q4 (Q2 76 Sold at $1,205/sf, Q3 76 Sold at $1,236/sf, Q4 76 Sold at $1,227/sf). Facebook, Salesforce, etc. leased millions of square feet of office space in the Transbay Transit neighborhood abutting South Beach. Upon closer inspection of the positive aggregate data, a clear divergence can be seen between the higher and lower ends of the property spectrum. Properties priced $2M+ remained on the market for far longer than their lower priced counterparts. A landmark 5.4 acre public park opened after 20 years of planning and construction. Then it closed. The Avery & Mira started selling. The Harrison is still selling. Well priced units moved throughout South Beach & Yerba Buena. Only 6 very well priced units sold at Millennium Tower. Now that an engineering solution has been created for Millennium Tower’s major flaw, perhaps 2019 will see an uptick in pricing. We have experienced some growing pains, with high housing costs, traffic and homelessness, but I have confidence that new leadership in San Francisco will mitigate those problems. Most of my friends in finance view all asset classes as fully valued and are predicting some unpleasantness for 2019. Some have even moved to Texas for the favorable tax climate. I would disagree with them, as I still see a super heated hyper local economy with South Beach being the epicenter. Unemployment in the Bay Area is at record lows, income is at record highs and people need a place to live. Of course, the data is constantly changing, but I believe the population will continue to grow and income will continue to rise in the Bay Area, specifically in San Francisco. Looking forward to being at your service in 2019! Best Regards, Paul Hwang | Ranked #1 in South Beach 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.
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Skybox Realty 2018 Annual Report
Table of Contents South Beach & Yerba Buena Market Snapshot
6-7 8 - 11
The Infinity Lumina Resales
12 - 15
One Rincon Hill
16 - 19
The Metropolitan
20 - 23
Watermark
24 - 27
Millennium
28 - 31
One Hawthorne
32 - 35
72 Townsend
36 - 39
Portside
40 - 43
Baycrest
44 - 47
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
The Brannan
48 - 51
The Towers
52 - 55
200 Brannan
56 - 59
2018 Q4 Sales
60 - 63
The Harrison
64 - 65
181 Fremont
66 - 67
The Avery
68
Mira
69
One Steuart Lane
70
Oceanwide Center
71
Who You Work With Matters
72 - 73
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Skybox Realty 2018 Annual Report
South Beach 2018 Snapshot
# of Transactions
Average Sales Price
282
$1,366,970
25% YOY Avg $/SF
11% YOY
$1,220 6.6% YOY
Average Days on the Market
39
19% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
Yerba Buena 2018 Snapshot
# of Transactions
83
6.8% YOY Avg $/SF
$1,210 5.5% YOY
* Data does not include MLS New Construction Sales
Average Sales Price
$1,245,302 .87% YOY
Average Days on the Market
38
20% YOY
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Skybox Realty 2018 Annual Report
The Infinity
# Sold
29 38% YOY
Average $/SF
301 / 333 Main, 318 / 338 Spear
Average Sales Price
Average DOM
$1,355 $1,571,312 54 16% YOY
29% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
5.9% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach | Ranked #1 at The Infinity | 121+ Homes Sold at The Infinity!
D40E | $2,400,000 (2BR) $1517/sf D39E | $2,300,000 (2BR) $1454/sf
D35E | $2,245,000 (2BR) $1675/sf
B32A | $1,937,500 (2BR) $1528/sf B31A | $2,199,000 (2BR) $1734/sf
D31A | $2,099,000 (2BR) $1648/sf
B29A | $1,999,000 (2BR) $1577/sf B28F | $1,775,000 (2BR) $1342/sf
D29A | $1,600,000 (2BR) $1363/sf
D26G | $1,115,000 (1BR) $1382/sf
D23C | $1,300,000 (1BR) $1609/sf D23E | $1,650,000 (2BR) $1439/sf
B26G | $1,115,000 (1BR) $1382/sf
B26F | $1,750,000 (2BR) $1335/sf
B24B | $2,100,000 (2BR) $1595/sf
B24C | $1,166,666 (1BR) $1442/sf B21G | $1,050,000 (1BR) $1303/sf B20D | $1,848,888 (2BR) $1550/sf
D18E | $1,625,000 (2BR) $1376/sf B17G | $980,000 (1BR) $1211/sf
D15G | $965,000 (1BR) $1200/sf D14B | $1,950,000 (2BR) $1474/sf
B15CD | $3,500,000 (2BR) $1610/sf B12A ||$1,425,000 B12D $1,699,000(2BR) (2BR)$1225/sf $1290/sf
B8B | $2,040,000 (2BR) $1126/sf D6E | $1,275,888 (2BR) $1112/sf D3E | $1,275,000 (2BR) $1112/sf D3F | $985,000 (1BR) $1082/sf
B5E | $1.450,000 (2BR) $1113/sf A4A | $925,000 (1BR) $1203/sf A3C | $900,000 (1BR) $1069/sf
SOLD
C4K | $915,000 (1BR) $1100/sf C2B | $999,000 (1BR) $822/sf
ACTIVE
I N C O NT R A C T
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Skybox Realty 2018 Annual Report
The Infinity AVG $1,354/SF
Q4
AVG $1,376/SF
Q3
AVG $1,256/SF
Q2
AVG $1,474/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 7 6 8 / SF
$963/SF
S TA N D A RD D EV I A TI O N = $195.76
$1159/SF
$1355/S F
2018 Average Days on the Market
$1551/S F
$1747/S F
THE I N F I N I TY
$1942/S F
S O UTH B EA CH
70 60 50 40 30 20
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
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Skybox Realty 2018 Annual Report
Lumina
# Sold
22 144% YOY
Average $/SF
318 / 338 Main, 333 Beale, 201 Folsom
Average Sales Price
Average DOM
$1,481 $1,888,273 73 17% YOY
24% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
30% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach | Paul is Ranked #1 at Lumina
D33E | $2,950,000 (3BR)
D33D | $1,499,000 (1BR) B32D | $1,645,000 (1BR)
D30B | $5,800,000 (3BR)
D25F | $2,000,000 (2BR) D23G | $2,375,000 (2BR) D21C | $2,825,000 (2BR) D20H | $1,198,000 (1BR)
D21D | $1,225,000 (1BR) D21H | $1,300,000 (1BR)
B18D | $1,199,000 (1BR)
D17G | $1,900,000 (2BR)
D14E | $1,825,000 (2BR)
B16C | $2,150,000 (2BR) B15C | $2,045,000 (2BR)
D14G | $1,925,000 (2BR)
D10A | $1,925,000 (2BR) C8E | $2,286,000 (2BR)
A8G | $1,095,000 (1BR) A8E | $1,475,000 (1BR)
C8H | $1,499,000 (1BR)
D6D | $1,100,000 (1BR) C3B | $1,639,000 (2BR) C3D | $1,380,000 (1BR)
A8C | $1,335,000 (1BR)
A6A | $999,000 (0BR) C4F | $1,100,000 (1BR) C3F | $1,069,000 (1BR)
A3D | $1,370,000 (1BR)
SOLD
ACTIVE
I N C O NT R A C T
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Skybox Realty 2018 Annual Report
Lumina AVG $1,543/SF
Q4
AVG $1,473/SF
Q3
AVG $1,398/SF
Q2
AVG $1,403/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 7 1 1 / SF
$967/SF
S TA N D A RD D EV I A TI O N = $256.83
$1224/SF
$1481/S F
2018 Average Days on the Market
$1738/S F
$1995/S F
LUMI N A
$2251/S F
S O UTH B EA CH
140 120 100 80 60 40
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
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Skybox Realty 2018 Annual Report
One Rincon Hill
# Sold
19 27% YOY
Average $/SF
425 1st, 489 Harrison
Average Sales Price
Average DOM
$1,416 $1,547,842 66 .28% YOY
6.7% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
13% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
6001 | $3,800,000 (2BR) $2318/sf
5204 | $3,700,000 (3BR) $1900/sf 4908 | $1,280,000 (1BR) $1695/sf
4905 | $995,000 (1BR) $1401/sf
4504 | $865,000 (1BR) $1430/sf
4603 | $1,850,000 (2BR) $1448/sf 4506 | $1,700,000 (2BR) $1373/sf 4404 | $830,000 (1BR) $1372/sf 4206 | $1,899,000 (2BR) $1534/sf 4101 | $1,245,000 (1BR) $1487/sf
3905 | $890,000 (1BR) $1254/sf
3802 | $2,005,000 (2BR) $1532/sf
3102 | $2,300,000 (2BR) $1587/sf 2902 | $2,645,000 (3BR) $1342/sf 2705 | $865,000 (1BR) $1218/sf 2504 | $860,000 (1BR) $1421/sf 2302 | $1,760,000 (2BR) $1345/sf
1305 | $840,000 (1BR) $1183/sf 1106 | $1,499,000 (2BR) $1211/sf
805 | $860,000 (1BR) $1211/sf 306 | $2,030,000 (2BR) $1177/sf
SOLD
ACTIVE
I N C O NT R A C T
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Skybox Realty 2018 Annual Report
One Rincon Hill AVG $1,496/SF
Q4
AVG $1,263/SF
Q3
AVG $1,449/SF
Q2
AVG $1,412/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
8 6 4 / SF
$1048/SF
S TA N D A RD D EV I A TI O N = $183.91
$1232/SF
$1416/S F
2018 Average Days on the Market
$1600/S F
$1784/S F
O N E RI N CO N HI LL
$1968/S F
S O UTH B EA CH
80 70 60 50 40 30
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
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Skybox Realty 2018 Annual Report
The Metropolitan
# Sold
12 25% YOY
Average $/SF
333 / 355 1st
Average Sales Price
Average DOM
$1,295 $1,107,778 25 4.4% YOY
13% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
17% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
S2801 | $2,250,000 (2BR) $1514/sf S2803 | $2,169,000 (2BR) $1386/sf S2603 | $2,250,000 (2BR) $1520/sf
N1801 | $1,270,000 (2BR) $1326/sf N1803 | $959,000 (1BR) $1,345/sf
S1607 | $1,490,000 (2BR) $1278/sf S1603 | $979,000 (1BR) $1231/sf S1506 | $312,647 (1BR) bmr S1104 | $465,167 (2BR) bmr S1006 | $908,000 (1BR) $1314/sf
N906 | $649,000 (0BR) $1,283/sf
S707 | $1,250,000 (2BR) $1095/sf
N602 | $387,491 (1BR) bmr
S508 | $815,000 (1BR) $1448/sf
N305 | $890,000 (1BR) $1,255/sf
SOLD
ACTIVE
I N C O NT R A C T
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Skybox Realty 2018 Annual Report
The Metropolitan AVG $1,374/SF
Q4
AVG $1,285/SF
Q3
AVG $1,224/SF
Q2 Q1
No Sales in Q1 2018
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 9 4 0 / SF
$1059/SF
S TA N D A RD D EV I A TI O N = $118.18
$1177/SF
$1295/S F
2018 Average Days on the Market
$1413/S F
$1531/S F
METRO P O LI TA N
$1650/S F
S O UTH B EA CH
60 50 40 30 20 10
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
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Skybox Realty 2018 Annual Report
Watermark
# Sold
8
26% YOY
Average $/SF
501 Beale
Average Sales Price
Average DOM
$1,302 $1,337,079 47 26% YOY
26% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
26% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
17G | $2,350,000 (3BR) $1728/sf
17F | $1,680,000 (2BR) $1489/sf
14F | $346,632 (2BR) bmr 11B | $1,600,000 (2BR) $1649/sf 10E | $900,000 (1BR) $1186/sf 8D | $1,749,000 (2BR) $1063/sf
5B | $1,321,000 (2BR) $1018/sf 4G | $750,000 (1BR) $1145/sf
SOLD
ACTIVE
I N C O NT R A C T
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Skybox Realty 2018 Annual Report
Watermark AVG $1,166/SF
Q4
AVG $1,439/SF
Q3
AVG $1,832/SF
Q2 Q1
No Sales in Q1 2018
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 8 1 0 / SF
$974/SF
S TA N D A RD D EV I A TI O N = $164.16
$1138/SF
$1302/S F
2018 Average Days on the Market
$1466/S F
$1630/S F
WA TERMA RK
$1794/S F
S O UTH B EA CH
80 70 60 50 40 30
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
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Skybox Realty 2018 Annual Report
Millennium Tower
# Sold
6
---- YOY
Average $/SF
$976 32% YOY
Average Sales Price
301 Mission
Average DOM
$1,953,333 72 28% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
29% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
42E | $2,400,000 (2BR) $1400/sf 39C | $2,100,000 (2BR) $968/sf
25A | $1,200,000 (2BR) $1323/sf 22A | $1,298,000 (2BR) $878/sf
12J | $1,350,000 (2BR) $1118/sf 11H | $685,000 (1BR) $1029/sf 9D | $700,000 (1BR) $1032/sf 8E | $990,000 (2BR) $902/sf
906 | $1,500,000 (1BR) $919/sf
401 | $4,660,000 (4BR) $1222/sf 405 | $1,575,000 (2BR) $910/sf
SOLD
ACTIVE
I N C O NT R A C T
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Skybox Realty 2018 Annual Report
Millennium Tower AVG $969/SF
Q4 Q3
No Sales in Q3 2018 AVG $919/SF
Q2
AVG $1,017/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 5 5 6 / SF
$696/SF
S TA N D A RD D EV I A TI O N = $140.02
$836/SF
$976/S F
2018 Average Days on the Market
$1116/S F
$1256/S F
MI LLEN N I UM
$1396/S F
YERB A B UEN A
175 150 125 100 75 50
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
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Skybox Realty 2018 Annual Report
One Hawthorne
# Sold
8
11% YOY
Average $/SF
1 Hawthorne
Average Sales Price
Average DOM
$1,260 $1,257,500 54 4.1% YOY
8.7% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
14% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
24A | $2,150,000 (2BR) $1360/sf
20B | $790,000 (1BR) $1416/sf 19A | $1,200,000 (1BR) $1320/sf
14F | $1,850,000 (2BR) $1340/sf 10E | $1,629,000 (2BR) $1307/sf 7G | $980,000 (1BR) $1136/sf 5F | $710,000 (1BR) $1409/sf 4H | $1,450,000 (2BR) $1007/sf 2D | $930,000 (1BR) $1093/sf
SOLD
ACTIVE
I N C O NT R A C T
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Skybox Realty 2018 Annual Report
One Hawthorne Q4
AVG $1,093/SF AVG $1,364/SF
Q3 Q2
AVG $1,136/SF AVG $1,372/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 7 8 7 / SF
$944/SF
S TA N D A RD D EV I A TI O N = $157.56
$1102/SF
$1260/S F
2018 Average Days on the Market
$1418/S F
$1575/S F
O N E HA WTHO RN E
$1733/S F
YERB A B UEN A
120 100 80 60 40 20
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
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Skybox Realty 2018 Annual Report
72 Townsend
# Sold
12
Average $/SF
72 Townsend
Average Sales Price
Average DOM
$1,064 $1,497,197 34
First Resales
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
903 | $2,650,000 (3BR) $1687/sf 808 | $1,505,000 (2BR) $1367/sf 708 | $1,050,000 (1BR) $1045/sf
709 | $1,260,000 (2BR) $----/sf
608 | $1,150,000 (1BR) $1144/sf
607 | $1,075,000 (1BR) $1263/sf
504 | $1,550,000 (2BR) $1230/sf
502 | $1,550,000 (2BR) $1198/sf
406 | $1,515,000 (2BR) $1288/sf
412 | $1,100,000 (1BR) $1222/sf
* 100 | $2,000,000 (3BR) $686/sf
* Sold Twice in 2018. First sale was for $1,570,000
SOLD
ACTIVE
I N C O NT R A C T
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Skybox Realty 2018 Annual Report
72 Townsend AVG $1,098/SF
Q4
AVG $1,179/SF
Q3
AVG $1,144/SF
Q2
AVG $1,185/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 2 2 5 / SF
$505/SF
S TA N D A RD D EV I A TI O N = $279.75
$784/SF
$1064/S F
2018 Average Days on the Market
$1344/S F
$1624/S F
72 TO WN S EN D
$1903/S F
S O UTH B EA CH
60 50 40 30 20 10
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
39
Skybox Realty 2018 Annual Report
Portside
# Sold
12 ----% YOY
Average $/SF
403 Main, 38 Bryant
Average Sales Price
Average DOM
$1,203 $1,046,315 47 9.1% YOY
4% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
4.4% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
803 | $1,650,000 (3BR) $1213/sf 720 | $1,440,000 (2BR) $1330/sf 605 | $580,000 (1BR) $1176/sf
703 | $1,699,900 (3BR) $1250/sf
410 | $981,950 (1BR) $1044/sf 316 | $950,000 (1BR) $1102/sf
501 | $1,318,888 (2BR) $1243/sf 411 | $1,385,000 (2BR) $1157/sf 308 | $710,000 (1BR) $1317/sf
112 | $1,150,000 (2BR) $1051/sf
114 | $675,000 (1BR) $1427/sf
806 | $750,000 (0BR) $1289/sf 709 | $988,888 (1BR) $1111/sf
SOLD
ACTIVE
I N C O NT R A C T
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Skybox Realty 2018 Annual Report
Portside AVG $1,154/SF
Q4
AVG $1,270/SF
Q3
AVG $1,128/SF
Q2
AVG $1,266/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 8 4 3 / SF
$963/SF
S TA N D A RD D EV I A TI O N = $119.92
$1083/SF
$1203/S F
2018 Average Days on the Market
$1323/S F
$1443/S F
P O RTS I D E
$1563/S F
S O UTH B EA CH
70 60 50 40 30 20
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
43
Skybox Realty 2018 Annual Report
Baycrest
# Sold
16 14% YOY
Average $/SF
201 Harrison
Average Sales Price
$1,242 $729,688 8.5% YOY
5.2% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
Average DOM
27
56% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
1129 | $661,000 (0BR) $1530/sf
801 | $560,000 (0BR) $1296/sf 731 | $840,000 (2BR) $1141/sf 613 | $915,000 (2BR) $1243/sf 502 | $565,000 (0BR) $1308/sf 412 | $549,000 (0BR) $1286/sf
720 | $885,000 (2BR) $1110/sf
910 | $900,000 (1BR) $1362/sf 803 | $1,001,000 (2BR) $972/sf 705 | $765,000 (1BR) $1406/sf 608 | $625,000 (1BR) $1263/sf 504 | $819,000 (1BR) $1030/sf 510 | $875,000 (2BR) $1098/sf 318 | $565,000 (0BR) $1345/sf 108| $465,000 (0BR) $1340/sf
113 | $685,000 (1BR) $1041/sf
SOLD
ACTIVE
I N C O NT R A C T
45
Skybox Realty 2018 Annual Report
Baycrest AVG $1,280/SF
Q4
AVG $1,212/SF
Q3
AVG $1,255/SF
Q2
AVG $1,183/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 7 6 7 / SF
$926/SF
S TA N D A RD D EV I A TI O N = $158.23
$1084/SF
$1242/S F
2018 Average Days on the Market
$1400/S F
$1558/S F
B A YCRES T
$1717/S F
S O UTH B EA CH
70 60 50 40 30 20
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
47
Skybox Realty 2018 Annual Report
The Brannan
# Sold
18 38% YOY
Average $/SF
219 / 229 / 239 Brannan
Average Sales Price
Average DOM
$1,308 $1,568,833 30 3.3% YOY
8% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
25% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
16A | $1,180,000 (1BR) $1460/sf 15J | $1,688,000 (2BR) $1479/sf
15A | $1,075,000 (1BR) $1319/sf
11J | $1,720,000 (2BR) $1507/sf
7E | $1,800,000 (2BR) $1613/sf
7G | $2,250,000 (2BR) $1719/sf 4G | $2,250,000 (3BR) $1328/sf 3K | $1,655,000 (3BR) $1025/sf 2B | $1,200,000 (2BR) $1130/sf
18E | $1,735,000 (2BR) $1069/sf
12A | $2,700,000 (3BR) $1632/sf 11E | $1,560,000 (2BR) $1474/sf 10C | $2,382,000 (2BR) $1717/sf
7G | $965,000 (1BR) $1092/sf 6H | $1,020,000 (1BR) $1045/sf 5E | $1,274,000 (2BR) $1198/sf
5J | $1,825,000 (2BR) $1193/sf 4J | $1,610,000 (2BR) $1052/sf
5H | $1,050,000 (1BR) $1076/sf
SOLD
ACTIVE
I N C O NT R A C T
49
Skybox Realty 2018 Annual Report
The Brannan AVG $1,377/SF
Q4
AVG $1,145/SF
Q3
AVG $1,376/SF
Q2
AVG $1,216/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 5 8 0 / SF
$823/SF
S TA N D A RD D EV I A TI O N = $242.58
$1065/SF
$1308/S F
2018 Average Days on the Market
$1551/S F
$1793/S F
THE B RA N N A N
$2036/S F
S O UTH B EA CH
70 60 50 40 30 20
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
51
Skybox Realty 2018 Annual Report
The Towers
# Sold
13 86% YOY
Average $/SF
88 King
Average Sales Price
Average DOM
$1,151 $1,391,231 23 7% YOY
1.9% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
74% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
1406 | $1,351,000 (2BR) $1160/sf 1221 | $1,850,000 (2BR) $1585/sf
813 | $1,550,000 (2BR) $1190/sf 715 | $1,250,000 (2BR) $1109/sf 520 | $1,340,000 (2BR) $1225/sf 423 | $1,310,000 (3BR) $1053/sf
510 | $1,325,000 (2BR) $1124/sf 416 | $1,420,000 (2BR) $1022/sf
608 | $1,350,000 (2BR) $1120/sf 502 | $1,450,000 (2BR) $1328/sf
304 | $1,320,000 (2BR) $1153/sf
108 | $1,200,000 (2BR) $867/sf
104 | $1,370,000 (3BR) $898/sf
SOLD
ACTIVE
I N C O NT R A C T
53
Skybox Realty 2018 Annual Report
The Towers AVG $1,122/SF
Q4
AVG $1,150/SF
Q3
AVG $1,146/SF
Q2
AVG $1,226/SF
Q1
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 6 1 4 / SF
$793/SF
S TA N D A RD D EV I A TI O N = $179.06
$971/SF
$1151/S F
2018 Average Days on the Market
$1330/S F
$1509/S F
THE TO WERS
$1688/S F
S O UTH B EA CH
60 50 40 30 20 10
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
55
Skybox Realty 2018 Annual Report
200 Brannan
# Sold
14 27% YOY
Average $/SF
200 Brannan
Average Sales Price
Average DOM
$1,064 $1,860,529 36 6.5% YOY
28% YOY
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
23% YOY
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
510 | $4,315,375 (4BR) $1463/sf 443 | $1,535,000 (2BR) $1014/sf 437 | $3,200,000 (3BR) $1102/sf 407 | $1,480,000 (2BR) $970/sf 306 | $1,528,000 (2BR) $1002/sf
503 | $2,175,000 (2BR) $1177/sf 412 | $1,399,000 (2BR) $922/sf 408 | $1,450,000 (2BR) $954/sf 316 | $272,822 (1BR) bmr
225 | $900,000 (1BR) $1151/sf 143 | $1,750,000 (2BR) $1080/sf
244 | $1,530,000 (2BR) $1005/sf 129 | $2,000,000 (2BR) $908/sf 137 | $945,000 (1BR) $1091/sf
SOLD
ACTIVE
I N C O NT R A C T
57
Skybox Realty 2018 Annual Report
200 Brannan AVG $1,105/SF
Q4
AVG $1,080/SF
Q3 Q2 Q1
AVG $903/SF AVG $931/SF
2018 Buyer Demographic
Listings Days on Market
2018 Sale Price
C A S H B U YE R
D I D N ’T S ELL
UNDE R L IST PRICE
L O A N B U YE R
S O LD UN D ER 45
AT L IST
U N KN O W N
S O LD O V ER 45 D A YS
OVE R L IST PRICE
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
2018 $/SF Distribution
$ 6 2 2 / SF
$769/SF
S TA N D A RD D EV I A TI O N = $147.45
$917/SF
$1064/S F
2018 Average Days on the Market
$1211/S F
$1359/S F
200 B RA N N A N
$1506/S F
S O UTH B EA CH
60 50 40 30 20 10
Q1
© Skybox Realty Inc, 2019
Q2
Q3
Q4
59
Skybox Realty 2018 Annual Report
2018 Q4 Sales * Only showing sold homes in buildings featured in this book. Does not include new construction.
Address
BR / BA
SQFT
Sale Price
$/SF
% Sale/List
301 Mission 11H
1/1
666
$685,000
$1,028.53
91.33
1 Hawthorne 2D
1/1
851
$930,000
$1,092.83
100.54
301 Mission 405
2/2
1,731
$1,575,000
$909.88
90.00
301 Mission 39C
2/3
2,170
$2,100,000
$967.74
84.00
333 1st 1506
0/1
506
$312,647
bmr
100.00
501 Beale 14F
2/1
852
$346,632
bmr
100.00
355 1st 1104
2/2
1,034
$465,167
bmr
100.00
333 1st 906
0/1
506
$649,000
$1,282.61
100.00
501 Beale 4G
1/1
655
$750,000
$1,145.04
103.45
355 1st 508
1/1
563
$815,000
$1,447.60
105.16
425 1st 4504
1/1
605
$865,000
$1,429.75
98.86
501 Beale 10E
1/1
759
$900,000
$1,185.77
100.11
338 Main 6D
1/1
873
$1,099,000
$1,260.02
100.09
425 1st 4101
1/1
837
$1,245,000
$1,487.46
100.00
333 1st 1801
2/2
958
$1,270,000
$1,325.68
99.30
338 Spear 3E
2/2
1,147
$1,275,000
$1,111.59
100.00
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
Address
BR / BA
SQFT
Sale Price
$/SF
% Sale/List
425 1st 4908
1/1
755
$1,280,000
$1,695.36
97.34
338 Main 21H
1/1
854
$1,300,000
$1,522.25
96.30
501 Beale 5B
2/2
1,297
$1,321,000
$1,018.40
102.01
318 Main 3D
1/2
1,104
$1,370,000
$1,240.94
98.21
301 Main 5E
2/2
1,303
$1,450,000
$1,112.82
97.64
425 1st 4506
2/2
1,238
$1,700,000
$1,373.18
97.14
301 Main 24B
2/2
1,317
$2,100,000
$1,594.53
98.59
201 Folsom 16C
2/2
1,403
$2,150,000
$1,532.43
100.00
355 1st 2801
2/2
1,486
$2,250,000
$1,514.13
100.00
338 Main 30B
3/3
2,685
$5,800,000
$2,160.15
92.28
72 Townsend 412
1 / 1.5
900
$1,100,000
$1,222.22
102.33
72 Townsend 406
2/2
1,176
$1,515,000
$1,288.27
101.34
72 Townsend 502
2/2
1,294
$1,550,000
$1,197.84
97.18
72 Townsend 100
3/3
2,917
$2,000,000
$685.64
91.53
201 Harrison 801
0/1
432
$560,000
$1,296.30
106.67
201 Harrison 318
0/1
420
$565,000
$1,345.24
107.62
403 Main 308
1/1
539
$710,000
$1,317.25
97.93
201 Harrison 705
1/1
544
$765,000
$1,406.25
110.07
201 Harrison 504
1/1
795
$819,000
$1,030.19
100.00
201 Harrison 731
2/2
736
$840,000
$1,141.30
107.01
201 Harrison 910
1/1
661
$900,000
$1,361.57
112.64
201 Harrison 613
2/2
736
$915,000
$1,243.21
114.52
403 Main 316
1/1
862
$950,000
$1,102.09
105.79
61
Skybox Realty 2018 Annual Report
2018 Q4 Sales Continued... * Only showing sold homes in buildings featured in this book. Does not include new construction.
Address
BR / BA
SQFT
Sale Price
$/SF
% Sale/List
403 Main 410
1/1
941
$958,000
$1,018.07
96.28
229 Brannan 6H
1 / 1.5
976
$1,020,000
$1,045.08
98.08
219 Brannan 15A
1 / 1.5
815
$1,075,000
$1,319.02
97.91
88 King 423
3/2
1,244
$1,310,000
$1,053.05
100.92
88 King 304
2/2
1,145
$1,320,000
$1,152.84
101.62
88 King 510
2/2
1,179
$1,325,000
$1,123.83
93.36
88 King 1406
2/2
1,165
$1,351,000
$1,159.66
100.15
200 Brannan 407
2/2
1,525
$1,480,000
$970.49
102.07
200 Brannan 306
2/2
1,525
$1,528,000
$1,001.97
96.83
200 Brannan 244
2/2
1,522
$1,530,000
$1,005.26
98.77
200 Brannan 443
2/2
1,514
$1,535,000
$1,013.87
100.00
219 Brannan 11J
2/2
1,141
$1,720,000
$1,507.45
101.21
219 Brannan 7E
2/2
1,116
$1,800,000
$1,612.90
112.57
239 Brannan 5J
2 / 2.5
1,530
$1,825,000
$1,192.81
93.83
200 Brannan 503
2/2
1,848
$2,175,000
$1,176.95
100.00
229 Brannan 10C
2/2
1,387
$2,382,000
$1,717.38
97.22
200 Brannan 510
4/4
2,950
$4,315,375
$1,462.84
98.19
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
63
Skybox Realty 2018 Annual Report
The Harrison
Interior Design
401 Harrison
# of Condos
Ken Fulk 298
# in Contract
Monthly Absorption
205+ 6.3
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
* Only showing sold homes in 2018 Q3 & Q4. Contact us for the full list of sales in 2018. 49A | $3,700,000 (2BR) $2245/sf 48B | $8,800,000 (3BR) $2738/sf 45A | $3,150,000 (2BR) $1911/sf
45B | $7,300,000 (3BR) $2271/sf 42B | $7,300,000 (3BR) $2271/sf 41C | $4,550,000 (3BR) $2345/sf 38B | $2,100,000 (2BR) $1602/sf
36C | $2,375,000 (2BR) $1780/sf
36D | $2,550,000 (2BR) $1966/sf
31A | $1,157,000 (1BR) $1377/sf
31E | $2,591,000 (2BR) $2088/sf 30C | $2,235,000 (2BR) $1675/sf
28B | $1,885,000 (2BR) $1438/sf
28A | $1,127,000 (1BR) $1342/sf 26B | $1,833,000 (2BR) $1398/sf
24G | $1,081,000 (1BR) $1424/sf
24A | $1,101,000 (1BR) $1311/sf
19C | $1,815,000 (2BR) $1361/sf
22B | $1,761,000 (2BR) $1343/sf 21C | $1,850,000 (2BR) $1387/sf 20D | $1,875,000 (2BR) $1446/sf 19F | $1,230,000 (1BR) $1482/sf
16C | $1,690,000 (2BR) $1314/sf
16A | $1,075,000 (1BR) $1280/sf
12A | $1,030,000 (1BR) $1226/sf
6G | $979,000 (1BR) $1222/sf 4A | $1,005,000 (1BR) $914/sf
SOLD
4D | $820,000 (1BR) $1353/sf
ACTIVE
I N C O NT R A C T
65
Skybox Realty 2018 Annual Report
181 Fremont
Developer
181 Fremont
# of Condos
Jay Paul 67
# in Contract
34+
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
Monthly Absorption
1.1
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
69B | $15,000,000 (2BR) $4,689/sf
64C | $3,405,000 (2BR) $2702/sf
59A | $5,235,000 (2BR) $2764/sf
SOLD
ACTIVE
I N C O NT R A C T
67
Skybox Realty 2018 Annual Report
Mira
Architect
280 Spear
# of Condos
Studio 392 Gang
# in Contract
30+
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
Monthly Absorption
10
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
The Avery
Architect
OMA
488 Folsom
# of Condos
118
# in Contract
10+
Monthly Absorption
1.4
69
Skybox Realty 2018 Annual Report
One Steuart Lane
# of Stories
20
# of Condos
120
75 Howard
Architect
SOM
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
Sales Begin
2020 All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
Oceanwide Center
# of Stories
34
# of Condos
111
Architect
50 1st
Sales Begin
Foster 2021 & Partners 71
Skybox Realty 2018 Annual Report
Who You Work With Matters Paul in 2018 # of Transactions
Average Sales Price
38 Avg $/SF
$1,639,804
$1,362
Total Sales Volume
$62,312,569
Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS
Paul Hwang is Ranked #1 in South Beach
“
Paul doesn’t just know the market, he is the market. - Isaac S
South Beach Average Sales Price Paul Hwang
2018
“
Other Brokers
Paul Hwang
2017
Other Brokers $700K
$800K
$900K
$1M
$1.1M
$1.2M
$1.3M
$1.4M
$1.5M
$1.6M
$1.7M
South Beach Average Price per Square Foot Paul Hwang
2018
Other Brokers
Paul Hwang 2017
Other Brokers $500
$600
$700
© Skybox Realty Inc, 2019
$800
$900
$1000
$1100
$1200
$1300
$1400
$1500
73
© Skybox Realty Inc, 2019
Paul Hwang Ranked #1 in South Beach
415.216.8746 | dre 01371169 paul@skyboxrealty.com
Designed & Produced by Kalina Kheirolomoom
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