2018 Q1 / Mission Bay Condo Report

Page 1

2018 Q 1 /

MISSION BAY

VI PAVLICEVICH | RANKED #1 IN MISSION BAY


de a r nei g h b or s Happy Spring! The Real Estate market in Mission Bay picked up momentum last winter, and the activity has not slowed down. It has been an unusually active first quarter of 2018, and home prices are soaring! The graph to the right shows the rolling 6 month median price per square foot, and home prices are higher than in Spring 2016! Demand for properties in Mission Bay is increasing as the neighborhood develops, and the supply of available condos has tightened as One Mission Bay is now over 85% sold. It will be interesting to see if this trend continues throughout 2018, but for now, it’s a very strong Seller’s market. 2018 is off to a great start. If you’re thinking of making a move, call me today. As the #1 Ranked Realtor in Mission Bay, I’ve helped many Sellers get above market value for their homes. I can do the same for you!

Best Regards, Vi Pavlicevich Top Producer, Skybox Realty

This document has been prepared by Skybox Realty for advertising and general information only. Skyb garding the information including, but not limited to, warranties of content, accuracy and reliability. An Realty excludes unequivocally all inferred or implied terms, conditions and warranties arising out of th


MISSION BA Y Q 1 M A R K E T S N APS HOT

34

# OF T R A N S A C T IONS Up 4 2 % Y O Y / D ow n 1 3 % QOQ

38

A VG D A Y S O N T H E M A R KE T Do w n 38 % Y O Y / N o C h an ge QOQ

$1,107

A VG P R I C E PER S QUA R E F OOT Up 6 . 4 % Y O Y / U p 5 . 7 % QOQ

$1,286,743

A VG S A L ES P R I C E Up 1 2 % Y O Y / U p 9 . 2 % QOQ

M I S S I O N B A Y M E DIAN P R IC E P E R SQU AR E F O O T $1200

$1100

$1000

$900 2015

2016

2017

2018

box Realty makes no guarantees, representations or warranties of any kind, expressed or implied, reny interested party should undertake their own inquiries as to the accuracy of the information. Skybox his document and excludes all liability for loss and damages arising there from.

3


table o f c o n te n t s

235 BER R Y

6-7

255 BER R Y

8-9

A RT ER R A

10 - 11

P A R K T ER R A C E

12 - 13

M A DR O N E

14 - 15

R A DI A N C E

16 - 17


A RDEN

18 - 19

2018 Q 1 S O L D S

20 - 21

ON E M I S S I O N BA Y

22 - 23

RENTALS

24 - 25

W HO Y O U W O R K WI TH M A TTE R S

26 - 27

5


235 BER RY /

235 BERRY

# O F T R A N S A C T IONS Up 2 0 0 % Y O Y / U p 2 0 0 % QOQ

A V G D A Y S O N T H E M A R KE T D o w n 24 % Y O Y / D o w n 5 8 % QOQ

3 41

412 | $1,250,000 (2BR) $1309/sf

101 | $1,490,000 (2BR) $876/sf

All Data From SFARMLS


$1,071

A V G PR I C E PER S QUA R E F OOT Up 3 . 4 % Y O Y / D o w n 9 % QOQ

A V G S A L ES P R I C E N o Cha n g e Y O Y / D o w n 1 7 % QOQ

$1,280,000

417 | $1,100,000 (2BR) $1028/sf

114 | $1,700,000 (2BR) $1355/sf

SOL D

ACTI V E

I N CO N TRA C T

7


255 BER RY /

255 BERRY

# O F T R A N S A C T IONS D o w n 10 0 % Y O Y / D o w n 1 0 0 % QOQ

A V G D A Y S O N T H E M A R KE T Up 1 0 0 % Y O Y / U p 1 0 0 % QOQ

0 ----

103 | $1,349,000 (2BR) $1019/sf

All Data From SFARMLS


A V G PR I C E PER S QUA R E F OOT D o w n 1 0 0 % Y O Y / D o w n 1 0 0 % QOQ

----

A V G S A L ES P R I C E D o w n 10 0 % Y O Y / D o w n 1 0 0 % QOQ

SOL D

ACTI V E

----

I N CO N TRA C T

9


ART ER RA /

300 BERRY

3

# O F T R A N S A C T IONS N o Cha n g e Y O Y / D o w n 40% QOQ

15

A V G D A Y S O N T H E M A R KE T D o w n 17 % Y O Y / U p 1 1 4 % QOQ

1402 | $935,000 (1BR) $1284/sf

705 | $949,000 (1BR) $1281/sf 551 | $1,695,000 (3BR) $1123/sf 512 | $1,350,000 (2BR) $1168/sf 303 | $895,000 (1BR) $1223/sf 308 | $960,000 (1BR) $1076/sf 115 | $949,000 (1BR) $1044/sf

All Data From SFARMLS

559 505 443 301


$1,181

A V G PR I C E PER S QUA R E F OOT D o w n 2 % Y O Y / D o w n 1 2 % QOQ

A V G S A L ES P R I C E Up 2 5 % Y O Y / U p 2 4 % Q OQ

$1,086,667

| $1,475,000 (3BR) $1081/sf | $950,000 (1BR) $1298/sf | $1,375,000 (2BR) $1124/sf | $1,275,000 (2BR) $1112/sf

SOL D

ACTI V E

I N CO N TRA C T

11


P ARK TERRA C E /

325 BERRY

# O F T R A N S A C T IONS D o w n 66 % Y O Y / D o w n 7 5 % QOQ

A V G D A Y S O N T H E M A R KE T Up 3 7 5 % Y O Y / D ow n 1 9 % QOQ

1 38

All Data From SFARMLS


$1,035

A V G PR I C E PER S QUA R E F OOT D o w n 1 4 % Y O Y / D o w n 3 . 4% QOQ

A V G S A L ES P R I C E Up 2 3 % Y O Y / U p 2 7 % Q OQ

$1,800,000

112 | $1,800,000 (2BR) $1035/sf

SOL D

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I N CO N TRA C T

13


MADRON E /

420/480 MISSION BAY BLVD, 435 CHINA BASIN

# O F T R A N S A C T IONS N o Cha n g e Y O Y / D o w n 62% QOQ

A V G D A Y S O N T H E M A R KE T D o w n 86 % Y O Y / D o w n 6 9 % QOQ

3 16

1106 | $1,800,000 (2BR) $1206/sf 901 | $1,595,000 (2BR) $1387/sf 817 | $995,000 (1BR) $----/sf

426 | $1,348,000 (2BR) $1126/sf

112 | $925,000 (1BR) $1100/sf

All Data From SFARMLS


$1,243

A V G PR I C E PER S QUA R E F OOT Up 5 . 2 % Y O Y / U p 1 9 % QOQ

A V G S A L ES P R I C E D o w n 18 % Y O Y / U p 1 . 7 % QOQ

$1,275,000

337 | $1,487,000 (2BR) $1084/sf

SOL D

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I N CO N TRA C T

15


RAD IA N CE /

330 MISSION BAY BLVD, 325 CHINA BASIN

# O F T R A N S A C T IONS Up 3 0 0 % Y O Y / N o C h a n g e QOQ

A V G D A Y S O N T H E M A R KE T Up 3 1 8 % Y O Y / D ow n 1 2 % QOQ

4 46

416 | $1,800,000 (2BR) $999/sf

111 | $1,995,000 (2BR) $1024/sf

All Data From SFARMLS


$1,105

A V G PR I C E PER S QUA R E F OOT Up . 5 % Y O Y / U p 1 . 6 % Q OQ

A V G S A L ES P R I C E Up 2 3 % Y O Y / U p 1 9 % Q OQ

$1,408,750

805 | $920,000 (1BR) $1026/sf

410 | $1,450,000 (2BR) $1042/sf 413 | $1,465,000 (2BR) $1355/sf

SOL D

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I N CO N TRA C T

17


ARD EN /

718/738 LONG BRIDGE

# O F T R A N S A C T IONS Up 1 0 0 % Y O Y / U p 5 0 % QOQ

A V G D A Y S O N T H E M A R KE T Up 1 1 % Y O Y / U p 2 3 3 % QOQ

6 40

1207 | $2,290,000 (3BR) $1373/sf

900 | $1,650,000 (2BR) $1306/sf

315 | $1,695,000 (2BR) $1236/sf 212 | $1,685,000 (2BR) $1234/sf

All Data From SFARMLS


$1,310

A V G PR I C E PER S QUA R E F OOT Up 2 7 % Y O Y / U p 8 . 1 % QOQ

A V G S A L ES P R I C E Up 2 3 % Y O Y / U p 8 . 9 % QOQ

$1,839,167

1402 | $2,175,000 (2BR) $1546/sf 1307 | $2,350,000 (3BR) $1409/sf 1210 | $2,199,000 (2BR) $1507/sf

904 | $1,985,000 (2BR) $1350/sf 801 | $1,500,000 (2BR) $1301/sf 705 | $1,735,000 (2BR) $1099/sf

SOL D

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19


2018 Q1 SOL D S /

ONLY BUILDINGS IN THIS BOOK

Address

BR

BA

Status

Status Date

330 Mission Bay 805

1

1

Sold

1.12.18

435 China Basin 112

1

1

Sold

2.16.18

300 Berry 505

1

1

Sold

2.15.18

300 Berry 308

1

1

Sold

2.20.18

235 Berry 417

2

2

Sold

1.3.18

235 Berry 412

2

2

Sold

2.23.18

480 Mission Bay 817

1

1.5

Sold

3.15.18

300 Berry 512

2

2

Sold

1.24.18

325 China Basin 410

2

2

Sold

1.30.18

325 China Basin 413

2

2

Sold

2.8.18

235 Berry 101

2

3

Sold

2.9.18

718 Long Bridge 801

2

2

Sold

3.30.18

420 Mission Bay 901

2

2

Sold

3.27.18

718 Long Bridge 900

2

2

Sold

3.15.18

738 Long Bridge 212

2

2

Sold

3.27.18

718 Long Bridge 705

2

2

Sold

1.16.18

325 Berry 112

2

2.5

Sold

2.9.18

325 China Basin 416

2

2

Sold

3.16.18

718 Long Bridge 1402

2

2

Sold

2.28.18

738 Long Bridge 1207

3

2

Sold

3.27.18

All Data From SFARMLS


DOM

SF

List Price

Sold Price

$/SF

62

897

$925,000

$920,000

$1,026

14

841

$898,888

$925,000

$1,100

6

732

$899,000

$950,000

$1,298

24

892

$899,000

$960,000

$1,076

96

1,070

$1,249,000

$1,100,000

$1,028

12

955

$1,149,000

$1,250,000

$1,309

23

----

$995,000

$1,305,000

----

0

1,156

$1,350,000

$1,350,000

$1,168

70

1,392

$1,495,000

$1,450,000

$1,042

5

1,081

$1,199,000

$1,465,000

$1,355

14

1,700

$1,549,000

$1,490,000

$876

0

1,153

$1,395,000

$1,500,000

$1,301

11

1,150

$1,500,000

$1,595,000

$1,387

14

1,263

$1,525,000

$1,650,000

$1,306

0

1,366

$1,685,000

$1,685,000

$1,233

161

1,579

$1,885,000

$1,735,000

$1,099

38

1,739

$1,749,000

$1,800,000

$1,035

0

1,802

$1,695,000

$1,800,000

$998

0

1,407

$2,175,000

$2,175,000

$1,546

64

1,668

$2,345,000

$2,290,000

$1,373

21


ON E M ISS IO N B A Y /

110 CHANNEL, 1000 3RD

# 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

275+ 75

1607 | $2,600,000 (3BR) $1586/sf 1503 | $1,960,000 (2BR) $1743/sf 1405 | $1,675,000 (2BR) $1375/sf

908 | $949,000 (1BR) $1143/sf 811 | $2,100,000 (3BR) $1440/sf

516 | $790,000 (0BR) $1555/sf 401 | $1,495,000 (2BR) $1166/sf 307 | $1,500,000 (2BR) $1384/sf 214 | $755,600 (1BR) $994/sf

All Data From SFARMLS


A V G PR I C E PER S QUA R E F OOT N E W CON S TR U C TI O N

$1,297 12.1

A V G A BS O R P T I O N N E W CON S TR U C TI O N

1502 | $3,850,000 (3BR) $2107/sf

714 | $1,490,000 (2BR) $1244/sf 631 | $795,000 (0BR) $1606/sf 531 | $740,000 (0BR) $1495/sf 412 | $894,000 (1BR) $1166/sf 312 | $705,000 (0BR) $1388/sf 219 | $910,600 (1BR) $1084/sf 105 | $1,130,000 (1BR) $1483/sf

SOL D

ACTI V E

I N CON TRA C T

23


RE N TA LS /

MISSION BAY *

Address

BR

BA

lease date

110 Channel #519

2

2

3.27.18

325 Berry #606

1

1

3.21.18

110 Channel #201

1 + Den

1

3.16.18

325 Berry #716

2 + Den

2

3.8.18

110 Channel #531

1

1

2.15.18

330 Mission Bay #407

2

2

2.5.18

718 Long Bridge #101

2

2

1.26.18

300 Berry #1513

2

1

1.23.18

420 Mission Bay #505

1

1

1.5.18

* t h i s is not a com p r eh ens i v e l i s t o f a l l r en t al s in m is s ion bay in t h i s pe riod , but r a th er a s a m pl i ng f o r r e f e r e n c e .

All Data From SFARMLS


building

SF

LEASE PRICE

One Mission Bay

1,171

$5,300 / Month

Park Terrace

----

$3,600 / Month

One Mission Bay

774

$3,650 / Month

Park Terrace

1,210

$4,800 / Month

One Mission Bay

----

$3,375 / Month

Radiance

----

$5,500 / Month

Arden

1,141

$4,245 / Month

Arterra

968

$4,300 / Month

Madrone

934

$4,195 / Month

25


W HO YOU W O R K W I T H M A T TE R S /

VI PAVLICEVICH I

104+

# O F T R A N S A C T IONS L AS T 5 Y EA R S

$113,309,487

T OTA L S A L ES V O LUM E L AS T 5 Y EA R S

TOT A L S A LES VOL U ME

2017 - 2018

2017

VI PA VL I C EVI C H

2018

V I P AVL I C EVI C H

$2M

$6M

$10M

$14M

All Data From SFARMLS


IS RANKED #1 AGENT IN MISSION BAY

# SO L D A T A R D E N VI IS # 1 A T A R D E N

A V G M I S S I O N BAY SOLD $ / SF 2017 - 2018

TEST I M O N I A LS

17 $1,117

VI HAS O V E R 5 0 5 S T A R R E V IE WS !

"I cannot say enou gh wonderful thin g s about V i . She is thorough , succinct , incredibly res p onsive, very intelli g ent and most of all a p leasure to wor k with . I have bou ght far too many houses in my lifetime , well over a doz en , and V i is t h e best r e a lt o r wi th w hom I have w o r k ed . " “V i is an e x c e p t iona l re a l e s ta te a gen t that g oes abov e a n d b e yo n d t o e n s u re h e r c l i e n t’ s a r e f u ll y satisfied with their p urchase . When my wife and I were buying our condo in S F , Vi hel p ed us view and compare countless condos in various areas of the city, shared her p ersonal e xp erience with builders , and even allowed us to view her own home since it was made by one of the builders we were considerin g . I was also very grateful and impressed by V i ’ s tho ro u g hn e ss an d pat i en c e in answering all of my questions . Whether it was via text, email , or a s p ontaneous call, she was always more than ha p p y to hel p . ”

27


V I PAVLICE VICH / RANKED #1 IN MISSION BAY 415.828.1114 | BRE 01906246 VI@SKYBOXREALTY.COM


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