2018 Q 1 /
SOUTH BEACH & YERBA BUENA
PABLO CELA | SOUTH BEACH CONDO EXPERT
de a r nei g h b or s The first quarter of 2018 ended strongly with Lumina almost completely sold out. We were fortunate to list and sell the first $2+ million dollar resales at The Infinity since August of 2016. 47 MLS units sold in South Beach at an average price of $1,305,994.* The Harrison is over 60% sold and The Related’s project at 1st and Folsom, www.theaverysf.com, has risen into the sky and will begin sales this June. The new Transbay Terminal is taking shape nicely. Everyday in the neighborhood there seems to be more pedestrians and more ridesharing devices on the street such as scooters and bicycles. Going forward into the second quarter, resales will benefit from increasing density and New Development pricing. Best Regards, Pablo Cela *Doesn’t include new construction. 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.
3
table o f c o n te n t s
SOU T H BEA C H & YE R B A B UE NA SNA P SHOT
TH E I N F I N I T Y
6-7 8 - 11
TH E M ET R O P O L I T A N
12 - 15
ON E R I N C O N H I LL
16 - 19
M I L L EN N I U M T O WE R
20 - 23
ON E H A W T H O R N E
24 - 27
W A T ER M A R K
28 - 31
L U M I N A R ES A L ES
32 - 35
2018 Q 1 S O L D S
36 - 37
72 TO W N S EN D
38 - 39
TH E H A R R I S O N
40 - 41
181 F R EM O N T
42 - 43
C OM I N G S O O N
44 - 45
5
SOU TH BEA C H Q 1 M A R K E T S N APS H OT
47
# OF T R A N S A C T I ONS Up 1 2 % Y O Y / D o w n 2 3 % QOQ
41
A VG D A Y S O N T HE M A R KE T Do w n 20 % Y O Y / N o C h a n ge QOQ
$1,129
A VG P R I C E PER S QUA R E F OOT Up 3 . 3 % Y O Y / U p 1 . 4 % QOQ
$1,305,994
A VG S A L ES P R I C E Up 1 6 % Y O Y / U p 6 . 1 % QOQ
AVG $ /S F
O N E B E D RO O M
T WO BE DR OOM
$1300
$1200
$1100
$1000
$900
2017 Q2
2017 Q3
2017 Q4
2018 Q1
YE RBA BU ENA Q 1 M A R K E T S N APS H OT
23
# OF T R A N S A C T I ONS Do w n 4. 2 % Y O Y / D o w n 1 2 % QOQ
41
A VG D A Y S O N T HE M A R KE T Up 2 . 5 % Y O Y / D ow n 2 7 % QOQ
$1,155
A VG P R I C E PER S QUA R E F OOT Do w n . 5% Y O Y / U p 7 . 2 % QOQ
$1,284,043
A VG S A L ES P R I C E Up 5 . 4 % Y O Y / U p 2 1 % QOQ
AVG $/ S F
O N E B E D RO O M
T WO BE DR OOM
$1300
$1200
$1100
$1000
$900
2017 Q2
2017 Q3
2017 Q4
2018 Q1 7
THE IN FIN ITY /
301/333 MAIN, 318/338 SPEAR
D40E | $2,499,000 (2BR) $1580/sf D39E | $2,495,000 (2BR) $1577/sf
D35E | $2,245,000 (2BR) $1675/sf
D31A | $2,099,000 (2BR) $1648/sf
D18E | $1,788,000 (2BR) $1514/sf
D15G | $965,000 (1BR) $1200/sf
D3F | $1,080,000 (1BR) $1187/sf
A4A | $925,000 (1BR) $1203/sf A3H | $898,000 (1BR) $1073/sf
All Data From SFARMLS
B36F | $1,995,000 (2BR) $1508/sf
B32A | $2,099,000 (2BR) $1655/sf
B28F | $1,899,000 (2BR) $1435/sf B26F | $1,899,000 (2BR) $1453/sf
B21G | $1,148,888 (1BR) $1424/sf
B15C | $4,695,000 (2BR) $2208/sf
C4K | $915,000 (1BR) $1100/sf C2B | $999,000 (1BR) $822/sf
SOL D
ACTI V E
I N CO N TRA C T
9
THE IN FIN ITY /
301/333 MAIN, 318/338 SPEAR
3
# OF T R A N S A C T I ONS Do w n 25 % Y O Y / D ow n 25% QOQ
19
A VG D A Y S O N T HE M A R KE T Do w n 44 % Y O Y / D ow n 55% QOQ
AVER A GE $ /S F
T H E IN FIN IT Y
$1500
$1300
$1100
$900 2017 Q2
2017 Q3
2017 Q4
2018 Q1
PRI CE P ER S Q UAR E F OOT DIST R IB U T ION | 4.1.17 - 3.31.18
$614/ S F
$ 8 1 2 /S F
$1011/ S F
All Data From SFARMLS
$120
09/ S F
$1,474
A VG P R I C E PER S QUA R E F OOT Up 2 1 % Y O Y / U p 2 8 % Q OQ
$1,753,000
A VG S A L ES P R I C E Up 3 7 % Y O Y / U p 5 5 % Q OQ
BUYER D EM O GRA P H IC
T H E IN FIN IT Y Q1
C A S H BU Y E R LO A N BU Y E R UN KN OWN
STAN D ARD DE V IA T ION = $ 1 9 8 . 3 0
$ 1 4 0 7 /SF
$ 1 6 0 6 /S F
$1804/ S F
11
THE M ETR OPO L I T A N /
333/355 1ST
N602 | $387,491 (1BR) bmr
All Data From SFARMLS
S1603 | $939,000 (1BR) $1181/sf
S707 | $1,199,000 (2BR) $1050/sf
SOL D
ACTI V E
I N CO N TRA C T
13
THE M ETR OPO L I T A N /
333/155 1ST
1*
# OF T R A N S A C T I ONS Do w n 10 0 % Y O Y / D ow n 100% QOQ
----
A VG D A Y S O N T HE M A R KE T Do w n 10 0 % Y O Y / D ow n 100% QOQ
AVER A GE $ /S F
T H E M E T R OP OL IT A N
$1400
$1200
$1000
$800 2017 Q2
2017 Q3
2017 Q4
2018 Q1
PRI CE P ER S Q UAR E F OOT DIST R IB U T ION | 4.1.17 - 3.31.18
$811/ S F
$ 9 4 0 /S F
$1068/ S F
All Data From SFARMLS
$119
96/ S F
----
A VG P R I C E PER S QUA R E F OOT Do w n 10 0 % Y O Y / D ow n 100% QOQ
----
A VG S A L ES P R I C E Do w n 10 0 % Y O Y / D ow n 100% QOQ
BUYER D EM O GRA P H IC
T H E M E T R OP OL IT A N Q1
*TH E O NLY C LO SE D TRAN SAC TI O N I N 2 0 1 8 Q1 WA S A B E LO W M ARK E T RATE UN I T .
STAN D ARD DE V IA T ION = $ 1 2 8 . 0 7
$ 1 3 2 4 /SF
$ 1 4 5 2 /S F
$1580/ S F
15
ON E R IN CON H I L L /
425 1ST, 489 HARRISON
All Data From SFARMLS
5204 | $3,700,000 (3BR) $1900/sf
4603 | $1,850,000 (2BR) $1448/sf
4206 | $1,899,000 (2BR) $1534/sf
3905 | $890,000 (1BR) $1254/sf
3102 | $2,388,000 (2BR) $1648/sf 2902 | $2,645,000 (3BR) $1342/sf 2705 | $879,000 (1BR) $1238/sf 2302 | $1,760,000 (2BR) $1345/sf
1602 | $1,895,000 (2BR) $1448/sf 1305 | $840,000 (1BR) $1183/sf
SOL D
ACTI V E
I N CO N TRA C T
17
ON E R IN CON H I L L /
425 1ST, 489 HARRISON
6
# OF T R A N S A C T I ONS Up 5 0 % Y O Y / U p 5 0 0 % QOQ
79
A VG D A Y S O N T HE M A R KE T Up 5 5 % Y O Y / U p 4 2 6 % QOQ
AVER A GE $ /S F
ON E R IN CON H IL L
$1500
$1300
$1100
$900 2017 Q2
2017 Q3
2017 Q4
2018 Q1
PRI CE P ER S Q UAR E F OOT DIST R IB U T ION | 4.1.17 - 3.31.18
$803/ S F
$ 1 0 1 3 /S F
$1223/ S F
All Data From SFARMLS
$143
33/ S F
$1,412
A VG P R I C E PER S QUA R E F OOT Up . 6 % Y O Y / U p 5 . 1 % Q OQ
$1,947,500
A VG S A L ES P R I C E Up 4 4 % Y O Y / U p 7 7 % Q OQ
BUYER D EM O GRA P H IC
ON E R IN CON H IL L Q1
C A S H BU Y E R LO A N BU Y E R UN KN OWN
STAN D ARD DE V IA T ION = $ 2 0 9 . 9 3
$ 1 6 4 3 /SF
$ 1 8 5 3 /S F
$2063/ S F
19
MILLEN N IU M T O W E R /
301 MISSION
55A | $5,650,000 (2BR)
12J | $1,420,000 (2BR) 906 | $1,500,000 (1BR) $919/sf
401 | $4,660,000 (4BR) $1222/sf 304 | $1,435,000 (2BR) $1120/sf
303 | $1,329,000 (
All Data From SFARMLS
) $2088/sf
45C | $2,600,000 (2BR) $1623/sf 42E | $2,400,000 (2BR) $1400/sf
33E | $2,399,000 (2BR) $1400/sf
25A | $1,200,000 (2BR) $1323/sf
12A | $2,150,000 (2BR) $1454/sf 11H | $750,000 (1BR) $1126/sf
$1176/sf
9C | $1,700,000 (2BR) $1074/sf
(1BR) $953/sf
SOL D
ACTI V E
I N CO N TRA C T
21
MILLEN N IU M T O W E R /
301 MISSION
2
# OF T R A N S A C T I ONS Up 1 0 0 % Y O Y / N o C h a n g e QOQ
29
A VG D A Y S O N T HE M A R KE T Up 1 0 0 % Y O Y / D o w n 4 2 % QOQ
AVER A GE $ /S F
M IL L E N N IU M T OWE R
2200
$1800
$1400
$1000 2017 Q2
2017 Q3
2017 Q4
2018 Q1
PRI CE P ER S Q UAR E F OOT DIST R IB U T ION | 4.1.17 - 3.31.18
$ 2 7 /SF
$ 4 6 2 /S F
$897/ S F
All Data From SFARMLS
$133
32/ S F
$1,017
A VG P R I C E PER S QUA R E F OOT Up 1 0 0 % Y O Y / D o w n 2 6 % QOQ
$2,930,000
A VG S A L ES P R I C E Up 1 0 0 % Y O Y / U p 6 2 % QOQ
BUYER D EM O GRA P H IC
M IL L E N N IU M T OWE R Q1
C A S H BU Y E R LO A N BU Y E R UN KN OWN
STAN D ARD DE V IA T ION = $ 4 3 5 . 2 7
$ 1 7 6 8 /SF
$ 2 2 0 3 /S F
$2638/ S F
23
ON E H A W TH O R NE /
1 HAWTHORNE ST
All Data From SFARMLS
24A | $2,150,000 (2BR) $1360/sf
20B | $790,000 (1BR) $1416/sf
14F | $1,850,000 (2BR) $1340/sf
SOL D
ACTI V E
I N CO N TRA C T
25
ON E H A W TH O R NE /
1 HAWTHORNE ST
3
# OF T R A N S A C T I ONS N o Chan g e Y O Y / N o C h an ge QOQ
113
A VG D A Y S O N T HE M A R KE T Up 1 3 1 % Y O Y / U p 2 3 % QOQ
AVER A GE $ /S F
ON E H A WT H OR N E
$1400
$1200
$1000
$800 2017 Q2
2017 Q3
2017 Q4
2018 Q1
PRI CE P ER S Q UAR E F OOT DIST R IB U T ION | 4.1.17 - 3.31.18
$864/ S F
$ 1 0 0 5 /S F
$1146/ S F
All Data From SFARMLS
$128
86/ S F
$1,372
A VG P R I C E PER S QUA R E F OOT Up 2 2 % Y O Y / U p 1 2 % Q OQ
$1,596,667
A VG S A L ES P R I C E Up 3 3 % Y O Y / U p 1 7 % Q OQ
BUYER D EM O GRA P H IC
ON E H A WT H OR N E Q1
C A S H BU Y E R LO A N BU Y E R UN KN OWN
STAN D ARD DE V IA T ION = $ 1 4 0 . 8 8
$ 1 4 2 7 /SF
$ 1 5 6 8 /S F
$1709/ S F
27
W ATERM A RK /
501 BEALE
17G | $2,495,000 (3BR) $1832/s
All Data From SFARMLS
sf
17F | $1,695,000 (2BR) $1503/sf
12H | $1,988,000 (2BR) $1712/sf
SOL D
ACTI V E
I N CO N TRA C T
29
W ATERM A RK /
501 BEALE
0
# OF T R A N S A C T I ONS Do w n 10 0 % Y O Y / D ow n 100% QOQ
----
A VG D A Y S O N T HE M A R KE T Do w n 10 0 % Y O Y / D ow n 100% QOQ
AVER A GE $ /S F
WA T E R M A R K
$1800
$1600
$1400
$1200 2017 Q2
2017 Q3
2017 Q4
2018 Q1
PRI CE P ER S Q UAR E F OOT DIST R IB U T ION | 4.1.17 - 3.31.18
$348/ S F
$ 7 2 0 /S F
$1092/ S F
All Data From SFARMLS
$146
65/ S F
----
A VG P R I C E PER S QUA R E F OOT Do w n 10 0 % Y O Y / D ow n 100% QOQ
----
A VG S A L ES P R I C E Do w n 10 0 % Y O Y / D ow n 100% QOQ
BUYER D EM O GRA P H IC
WA T E R M A R K Q1
NO C LO SE D TRAN SAC TI O N S I N 20 1 8 Q1
STAN D ARD DE V IA T ION = $ 3 7 2 . 3 0
$ 1 8 3 7 /SF
$ 2 2 0 9 /S F
$2582/ S F
31
LUM IN A RES A L E S /
318/338 MAIN, 333 BEALE, 201 FOLSO
D33E | $3,299,000 (3BR) D32E | $3,295,000 (3BR) D30B | $6,285,000 (3BR)
D25F | $2,099,000 (2BR)
D21D | $1,225,000 (1BR)
C8E | $2,349,000 (2BR)
C3B | $1,640,000 (2BR)
C3F | $1,069,000 (1BR) C3C | $1,280,000 (1BR)
All Data From SFARMLS
OM
SOL D
ACTI V E
I N CO N TRA C T
33
LUM IN A RES A L E S /
318/338 MAIN, 333 BEALE, 201 FOLSO
1
# OF T R A N S A C T I ONS Up 1 0 0 % Y O Y / D o w n 6 6 % QOQ
102
A VG D A Y S O N T HE M A R KE T - - - - % Y OY / U p 1 1 3 % Q O Q
AVER A GE $ /S F
L U M IN A
$1500
$1300
$1100
$900 2017 Q2
2017 Q3
2017 Q4
2018 Q1
PRI CE P ER S Q UAR E F OOT DIST R IB U T ION | 4.1.17 - 3.31.18
$338/ S F
$ 6 5 3 /S F
$967/ S F
All Data From SFARMLS
$128
OM
81/ S F
$1,403
A VG P R I C E PER S QUA R E F OOT Up 1 0 0 % Y O Y / U p 2 2 % QOQ
$1,225,000
A VG S A L ES P R I C E Up 1 0 0 % Y O Y / D o w n 1 3 % QOQ
BUYER D EM O GRA P H IC
L U M IN A Q1
C A S H BU Y E R LO A N BU Y E R UN KN OWN
STAN D ARD DE V IA T ION = $ 3 1 4 . 1 8
$ 1 5 9 5 /SF
$ 1 9 0 9 /S F
$2223/ S F
35
2018 Q1 SOL D S /
ONLY BUILDINGS IN THIS BOOK
Address
BR
BA
Status
Status Date
1 Hawthorne 20B
1
1
Sold
3.6.18
1 Hawthorne 14F
2
2
Sold
2.22.18
1 Hawthorne 24A
2
2
Sold
1.24.18
333 1st N602 (bmr)
1
1
Sold
3.14.18
425 1st 1305
1
1
Sold
1.2.18
425 1st 3905
1
1
Sold
2.9.18
333 Main 4K
1
1
Sold
3.9.18
338 Main 21D
1
1
Sold
2.27.18
425 1st 2302
1
2
Sold
3.19.18
425 1st 4603
2
2
Sold
2.23.18
338 Spear 31A
2
2
Sold
3.8.18
338 Spear 35E
2
2
Sold
3.6.18
425 1st 2902
3
3
Sold
2.6.18
425 1st 5204
3
3
Sold
3.28.18
All Data From SFARMLS
DOM
SF
List Price
Sold Price
$/SF
34
558
$799,000
$790,000
$1,416
3
1,381
$1,860,000
$1,850,000
$1,340
301
1,581
$2,495,000
$2,150,000
$1,360
24
713
$387,491
$387,491
$543
82
710
$875,000
$840,000
$1,183
123
710
$988,000
$890,000
$1,254
11
832
$899,000
$915,000
$1,100
102
873
$1,275,000
$1,225,000
$1,403
7
1,309
$1,790,000
$1,760,000
$1,345
36
1,278
$1,898,888
$1,850,000
$1,448
46
1,275
$2,099,000
$2,099,000
$1,646
1
1,340
$2,245,000
$2,245,000
$1,675
20
1,971
$2,695,000
$2,645,000
$1,342
205
1,947
$3,899,000
$3,700,000
$1,900
37
72 T OW N S END /
72 TOWNSEND
74
# SO L D N E W CON S TR U C TI O N
# RE M A I N I N G N E W CON S TR U C TI O N
SOLD OUT
709 | $1,325,000 (2BR) $----/sf
100 | $1,570,000 (1BR) $502/sf
All Data From SFARMLS
A VG P R I C E PER S QUA R E F OOT N E W CO N S TR U C TI O N
$1,185 2
A VG A BS O R P T I O N N E W CO N S TR U C TI O N
903 | $2,650,000 (3BR) $1687/sf 808 | $1,505,000 (2BR) $1367/sf
SOL D
ACTI V E
I N CON TRA C T
39
THE H A R RIS O N /
401 HARRISON
# SO L D N E W CON S TR U C TI O N
# RE M A I N I N G N E W CON S TR U C TI O N
A VG P R I C E P ER SQUA R E F OOT N E W CO N S TR U C TI O N
A VG A BS O R PT I O N N E W CO N S TR U C TI O N
150+ 148 $1,512 6.4
All Data From SFARMLS
45C | $2,825,000 (2BR) $1778/sf 42A | $3,135,000 (2BR) $1688/sf 41D | $4,500,000 (2BR) $2309/sf 38E | $2,649,000 (2BR) $----/sf 36D | $2,618,000 (2BR) $2019/sf 35D | $2,500,000 (2BR) $1928/sf 34B | $2,035,000 (2BR) $1551/sf
30C | $2,255,000 (2BR) $1690/sf 28G | $1,145,000 (1BR) $1511/sf 25C | $2,020,000 (2BR) $1514/sf 24F | $1,326,000 (1BR) $1598/sf 22A | $1,094,000 (1BR) $1302/sf 20E | $2,077,000 (2BR) $1674/sf 19G | $1,040,000 (2BR) $1278/sf 17A | $1,055,000 (1BR) $1256/sf 16H | $1,056,000 (1BR) $1391/sf 13H | $988,000 (1BR) $1302/sf 11H | $967,000 (1BR) $1274/sf 8A | $995,000 (1BR) $1185/sf 7B | $845,000 (1BR) $1137/sf
SOL D
ACTI V E
I N CO N TRA C T
41
181 FREM ON T /
181 FREMONT
# IN CONTRACT N E W CON S TR U C TI O N
# RE M A I N I N G N E W CON S TR U C TI O N
A VG P R I C E P ER SQUA R E F OOT N E W CO N S TR U C TI O N
A VG A BS O R PT I O N N E W CO N S TR U C TI O N
28+ 49 $2,400+ 1.3
All Data From SFARMLS
69B | $14,000,000 (2BR) $4376/sf
63D | $4,370,000 (2BR) $2713/sf 62C | $3,325,000 (2BR) $2635/sf
SOL D
ACTI V E
I N CO N TRA C T
43
CO M IN G S OO N /
NEW CONSTRUCTION
T HE AVERY
4 8 8 FOL S OM
# O F S T O R I ES
56
# OF CONDOS
118
A R CHI TE CT
SA LE S B EGIN
This rendering is not drafted to correct scale.
OMA June
THE F O LS O M B A Y T OWE R
# OF S T O R I ES
39
# OF C O N D O S
235
1 6 0 FOL S OM
A R CH
Studio Gang
SA L E S B EGIN
2019
45
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