2018 Q3 / Mission Bay Condo Report

Page 1

2018 Q 3 /

MISSION BAY

VI PAVLICEVICH | RANKED #1 IN MISSION BAY 1


de a r nei g h b or s Hi Neighbors! The colder months are approaching, and real estate in the general Bay Area is feeling a slight cool down as well. The graph to the right shows the median $/sqft in the rolling 6 months in Mission Bay. As expected, some stabilization was observed since summer in San Francisco is known to be one of the slower periods with everyone on vacation. The San Francisco real estate market is still strong, but rising mortgage interest rates may make the market less strong in the coming months. The average 30 year fixed mortgage rate climbed to 4.72% this past September, the highest since 2011. There may be some buyer hesitancy throughout the Bay Area with rising interest rates, but the excitement surrounding the new Warriors Stadium coming to Mission Bay is still strong. I predict home prices in Mission Bay to outperform other San Francisco neighbhorhoods. 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 3 M A R K E T S N APS HOT

21

# OF T R A N S A C T IONS Do w n 19 % Y O Y / D o w n 5 0 % QOQ

40

A VG D A Y S O N T H E M A R KE T Up 2 5 % Y O Y / U p 2 9 % Q OQ

$1,154

A VG P R I C E PER S QUA R E F OOT Up 4 . 7 % Y O Y / U p . 2 6 % QOQ

$1,421,289

A VG S A L ES P R I C E Up 9 . 1 % Y O Y / U p 8 . 1 % 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

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

TH E B EA C O N

14 - 15

M A DR O N E

16 - 17

R A DI A N C E

18 - 19


A RDEN

20 - 21

2018 Q 3 S O L D S

22 - 23

ON E M I S S I O N BA Y

24 - 25

RENTALS

26 - 27

TH E C H A S E C EN TE R

28 - 29

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

30 - 31

5


235 BER RY /

235 BERRY

# O F T R A N S A C T IONS D o w n 66 % Y O Y / N o C h a n ge QOQ

A V G D A Y S O N T H E M A R KE T D o w n 94 % Y O Y / D o w n 7 1 % QOQ

1 4

707 | $1,420,000 (2BR) $1193/sf

All Data From SFARMLS


$1,193

A V G PR I C E PER S QUA R E F OOT Up 1 2 % Y O Y / U p 6 . 8 % QOQ

A V G S A L ES P R I C E D o w n 3. 3 % Y O Y / U p 2 . 9% QOQ

SOL D

ACTI V E

$1,420,000

I N CO N TRA C T

7


255 BER RY /

255 BERRY

# O F T R A N S A C T IONS N o Cha n g e Y O Y / N o C h an ge QOQ

A V G D A Y S O N T H E M A R KE T D o w n 73 % Y O Y / D o w n 5 8 % QOQ

1 13

308 | $1,254,000 (2BR) $1200/sf 113 | $1,475,000 (2BR) $1180/sf

All Data From SFARMLS


$1,200

A V G PR I C E PER S QUA R E F OOT Up 3 . 4 % Y O Y / U p 7 . 4 % QOQ

$1,254,000

A V G S A L ES P R I C E D o w n 14 % Y O Y / U p 2 9 % QOQ

310 | $1,350,000 (2BR) $931/sf

SOL D

ACTI V E

I N CO N TRA C T

9


ART ER RA /

300 BERRY

# O F T R A N S A C T IONS D o w n 75 % Y O Y / D o w n 9 0 % QOQ

A V G D A Y S O N T H E M A R KE T D o w n 82 % Y O Y / D o w n 8 7 % QOQ

1 5

906 | $825,000 (1BR) $1190/sf

612 | $1,370,000 (2BR) $1185/sf

113 | $930,000 (1BR) $1023/sf

All Data From SFARMLS


$1,190

A V G PR I C E PER S QUA R E F OOT D o w n 4 . 8 % Y O Y / D ow n . 2% QOQ

A V G S A L ES P R I C E D o w n 26 % Y O Y / D o w n 3 2 % QOQ

SOL D

ACTI V E

$825,000

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 50 % Y O Y / U p 1 0 0% QOQ

A V G D A Y S O N T H E M A R KE T D o w n 62 % Y O Y / U p 1 0 0 % QOQ

2 14

720 | $1,620,000 (2BR) $1296/sf

406 | $980,000 (1BR) $1111/sf

All Data From SFARMLS


$1,204

A V G PR I C E PER S QUA R E F OOT Up 6 . 8 % Y O Y / U p 1 0 0 % QOQ

A V G S A L ES P R I C E D o w n 6. 7 % Y O Y / U p 1 0 0 % QOQ

$1,300,000

412 | $899,000 (1BR) $1073/sf

SOL D

ACTI V E

I N CO N TRA C T

13


THE BEA CON /

250/260 KING

7

# O F T R A N S A C T IONS Up 7 5 % Y O Y / D ow n 5 0 % QOQ

34

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 2 1 % QOQ

1518 | $1,690,000 (2BR) $----/sf

1512 | $1,000,000 (1BR) $1126/sf

602 | $1,420,000 (2BR) $963/sf 536 | $755,000 (1BR) $1056/sf 470 | $1,639,069 (3BR) $1080/sf

All Data From SFARMLS


$1,057

A V G PR I C E PER S QUA R E F OOT Up . 3 8 % Y O Y / D o w n 1 . 3% QOQ

$1,090,581

A V G S A L ES P R I C E D o w n 4. 8 % Y O Y / U p 1 . 4% QOQ

1305 | $1,499,000 (2BR) $1007/sf 1203 | $1,555,888 (2BR) $1210/sf

961 | $639,000 (0BR) $1034/sf 865 | $1,158,000 (2BR) $1069/sf 761 | $640,000 (0BR) $1036/sf 669 | $795,000 (1BR) $1063/sf 425 | $1,188,000 (2BR) $1213/sf 459 | $1,385,000 (3BR) $1074/sf 449 | $1,309,000 (2BR) $1063/sf

SOLD

ACTI V E

809 | $850,000 (1BR) $1033/sf

479 | $1,299,000 (2BR) $1304/sf 475 | $989,000 (1BR) $1089/sf 429 | $675,000 (0BR) $1125/sf

I N CO N TRA C T

15


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 17% QOQ

A V G D A Y S O N T H E M A R KE T Up 1 4 3 % Y O Y / U p 6 2 % QOQ

5 34

1602 | $4,500,000 (3BR) $1500/sf 1405 | $3,288,000 (3BR) $1712/sf

622 | $1,900,000 (3BR) $1239/sf 407 | $1,405,000 (2BR) $1231/sf 337 | $1,495,000 (2BR) $1090/sf 202 | $1,670,000 (2BR) $1189/sf

All Data From SFARMLS


$1,301

A V G PR I C E PER S QUA R E F OOT Up 1 6 % Y O Y / U p 1 0 % Q OQ

A V G S A L ES P R I C E Up 5 9 % Y O Y / U p 4 8 % Q OQ

$2,144,000

607 | $1,675,000 (2BR) $1402/sf 513 | $1,495,000 (2BR) $1237/sf 443 | $1,470,000 (2BR) $1185/sf 314 | $1,589,000 (2BR) $1149/sf

SOL D

ACTI V E

I N CO N TRA C T

17


RAD IA N CE /

330 MISSION BAY BLVD, 325 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 66% 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 5 . 6 % QOQ

1 38

301 | $1,495,000 (2BR) $1094/sf 116 | $1,698,000 (2BR) $1082/sf

All Data From SFARMLS


----

A V G PR I C E PER S QUA R E F OOT - - - - % YO Y / --- % Q O Q

A V G S A L ES P R I C E D o w n 26 % Y O Y / D o w n 1 4 % QOQ

$1,250,000

506 | $1,250,000 (2BR) $----/sf

SOL D

ACTI V E

I N CO N TRA C T

19


ARD EN /

718/738 LONG BRIDGE

# O F T R A N S A C T IONS D o w n 33 % Y O Y / D o w n 6 6 % QOQ

A V G D A Y S O N T H E M A R KE T Up 2 5 0 % Y O Y / U p 2 0 4 % QOQ

2 70

1605 | $2,495,000 (2BR) $1590/sf

All Data From SFARMLS


$1,123

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

A V G S A L ES P R I C E D o w n 2. 5 % Y O Y / D ow n 16% QOQ

$1,499,500

302 | $1,390,000 (2BR) $1078/sf 215 | $1,609,000 (2BR) $1169/sf

SOL D

ACTI V E

I N CO N TRA C T

21


2018 Q3 SOL D S /

ONLY BUILDINGS IN THIS BOOK

Address

BR

BA

Status

Status Date

260 King 761

0

1

Sold

7.2.18

250 King 536

1

1

Sold

8.20.18

260 King 669

1

1

Sold

9.28.18

300 Berry 906

1

1

Sold

9.18.18

325 Berry 406

1

1

Sold

8.7.18

250 King 1512

1

1

Sold

7.6.18

330 Mission Bay 506

2

2

Sold

7.16.18

255 Berry 308

2

1

Sold

9.20.18

718 Long Bridge 302

2

2

Sold

9.20.18

420 Mission Bay 407

2

2

Sold

7.27.18

235 Berry 707

2

2

Sold

7.3.18

250 King 602

2

2

Sold

9.12.18

435 China Basin 443

2

2

Sold

8.2.18

738 Long Bridge 215

2

2

Sold

8.1.18

325 Berry 720

2

2

Sold

9.4.18

250 King 470

3

2

Sold

8.11.18

420 Mission Bay 607

2

2

Sold

9.14.18

420 Mission Bay 1602

3

2.5

Sold

8.31.18

All Data From SFARMLS


DOM

SF

List Price

Sold Price

$/SF

0

618

$640,000

$640,000

$1,036

13

715

$755,000

$755,000

$1,056

90

748

$834,900

$795,000

$1,063

5

693

$799,000

$825,000

$1,190

14

882

$965,000

$980,000

$1,111

0

888

$1,000,000

$1,000,000

$1,126

38

----

$1,325,000

$1,250,000

----

13

1,045

$1,149,000

$1,254,000

$1,200

107

1,290

$1,460,000

$1,390,000

$1,078

3

1,141

$1,349,000

$1,405,000

$1,231

4

1,190

$1,285,000

$1,420,000

$1,193

1

1,475

$1,395,000

$1,420,000

$963

0

1,240

$1,395,000

$1,470,000

$1,185

32

1,376

$1,599,000

$1,609,000

$1,169

0

1,250

$1,620,000

$1,620,000

$1,296

1

1,518

$1,675,000

$1,639,069

$1,080

66

1,195

$1,788,000

$1,675,000

$1,402

100

3,000

$5,250,000

$4,500,000

$1,500

23


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

325+ 25

1601 | $3,850,000 (3BR) $1948/sf 1506 | $1,700,000 (2BR) $1342/sf 1405 | $1,675,000 (2BR) $1375/sf 1306 | $1,950,000 (2BR) $1539/sf 1202 | $3,635,000 (3BR) $1990/sf

912 | $1,740,000 (2BR) $1364/sf 811 | $2,134,000 (3BR) $1464/sf 602 | $1,875,000 (2BR) $1422/sf 433 | $1,500,000 (2BR) $1270/sf 422 | $1,260,000 (1BR) $1110/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

$1,348 11.1

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

1505 | $1,640,000 (2BR) $1346/sf 1407 | $2,425,000 (3BR) $1480/sf 1406 | $1,675,000 (2BR) $1322/sf 1201 | $3,950,000 (3BR) $1999/sf

920 | $1,150,000 (1BR) $1430/sf 820 | $1,150,000 (1BR) $1430/sf

514 | $1,560,000 (2BR) $1302/sf 412 | $899,000 (1BR) $1172/sf 326 | $920,000 (0BR) $1710/sf

SOL D

ACTI V E

I N CON TRA C T

25


Q3 R EN TA LS /

MISSION BAY *

Address

BR

BA

STATUS

1000 3rd 910

1

1

Leased

255 Berry 707

1

2

Leased

1000 3rd 521

2

2

Leased

110 Channel #310

2

2

Leased

718 Long Bridge 201

2

2

Leased

1000 3rd 814

2

2

Leased

250 King 1018

2

2

Leased

260 King 669

1

1

Available

255 Berry 606

2

2

Available

1000 3rd

2

2

Available

* 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

829

$4,395/Month

255 Berry

1,254

$4,995/Month

One Mission Bay

1,173

$4,999/Month

One Mission Bay

----

$4,999/Month

Arden

1,219

$5,250/Month

One Mission Bay

1,198

$5,290/Month

The Beacon

1,197

$5,500/Month

The Beacon

748

$3,750/Month

255 Berry

1,268

$5,000/Month

One Mission Bay

1,218

$5,750/Month

27


THE CH A SE C E NT E R /

THE NEW HOME OF THE GOLDEN S


TATE WARRIORS IS COMING SOON

29


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

VI PAVLICEVICH I

120+

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

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

$134,989,712

TOT A L S A LES VOL U ME

2017 - 2018

2017

VI PA VL I C EVI C H

2018

VI PA VL 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

19 $1,138

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 above and beyond to ensure her client ’ s are fully 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 . ”

31


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


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