Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
Mission Bay
Condo Report 2020
Vi Pavlicevich | Ranked #1 in Mission Bay 415.828.1114 | vi@skyboxrealty.com
© Skybox Realty Inc, 2021
1
Skybox Realty 2020 Annual Report
Dear Neighbors, Hello, and Happy 2021!
The impact of the pandemic affected all of us in 2020, but we ended the y promise of an end is finally in sight!
Like many metropolitan cities, the San Francisco Real Estate market was h was very challenging. The graph below shows the median price per squar square foot dropped to $1134/ft at the end of the year. Homes were selli $1,200 $1,150 $1,100 $1,050 2017
2018
Both rent and home prices in San Francisco declined significantly as peop verse as the vaccine becomes more widely available and the local econom offer during the pandemic, but as things feel more normal and big compa style and amenities that San Francisco offered pre-COVID. Easy access to
In San Francisco, the rental market will come back first. As the vaccine imp more than 25% from the previous year) will be very appealing to those wh already rolling out, we have already seen the bottom of demand. For thos will be more attractive as city life opens up.
A resurgence for city living will happen this year. A full comeback won’t tak provement in 2021. Your Neighbor, Vi Pavlicevich, Mission Bay Specialist
The market changes fast. If you’re thinking of selling and want to discuss the m before its full recovery, now is the time to act, and I can help you find a good in
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
year with two vaccines approved for use in the United States, and the
hit hard last year, and being a landlord and homeowner in San Francisco re foot in Mission Bay over the last three years, and the median price per ing at this price point back in August 2018.
2019
2020
ple fled the city in hoards, but the exodus out of San Francisco will remy begins to open up again. Suburban communities may have a lot to anies bring their employees back to work, people will remember the liferestaurants, concerts, events, and work are conveniences of urban living.
proves life in San Francisco, current rental prices (which have dropped ho left and those who always wanted to live in the city. With the vaccine se looking to buy, the same applies. Purchasing a home in San Francisco
ke place, but the San Francisco Real Estate market will see a huge im-
market in further detail, call me. If you’re looking to capitalize on the market nvestment.
Š Skybox Realty Inc, 2021
3
Oracle Park E N TH CO A BE
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MISSION BAY SO UT H ST O W EN S ST
UCSF Mission Bay
The Chase Center
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M ISS ISS IP PI ST
M ar ip os a Pa rk M AR IP O SA ST
ILL IN OI S ST
UCSF Medical Center
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
Table of Contents
Mission Bay 2020 Snapshot
6-7
235 Berry
8 - 11
255 Berry
12 - 15
Arterra
16 - 19
Park Terrace
20 - 23
The Beacon
24 - 27
Madrone
28 - 31
Radiance
32 - 35
Arden
36 - 39
One Mission Bay
40 - 43
2020 Q4 Solds
44 - 45
Who You Work With Matters
46 - 47
© Skybox Realty Inc, 2021
5
Skybox Realty 2020 Annual Report
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.
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
Mission Bay 2020 Snapshot * Does not include new construction.
# of Transactions
72
25% YOY Average Sales Price
$1,276,453 6.9% YOY Average Price per Square Foot
$1,163 3.5% YOY
Average Days on the Market
62
94% YOY
© Skybox Realty Inc, 2021
7
235 Berry
610 | $1,495,000 (2BR) $1091/sf
201 | $905,000 (1BR) $1077/sf 109 | $1,698,000 (3BR) $1132/sf
All Data From SFARMLS
OFF MAR KET
SOL D
ACTI V E
IN CONTRACT
305 | $1,188000 (2BR) $950/sf 107 | $2,110,000 (3BR) $1052/sf
© Skybox Realty Inc, 2021
9
235 Berry
Price Per SF
A VG $/ S F
MED I A N $/S F
Q4 Q3
$1,065/SF
Q2 Q1 $900
$1000
$1 100
$1200
Buyer Demographic
CA S H B UYER LO A N B UYER UN K N O WN
2019
2020
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
# of Transactions
2
73% YOY
Average DOM
23 18% YOY
Average $/SF
$1,065 13% YOY
Average Sales Price
$1,507,500 1.8% YOY
2020 $/SF Distribution
$1012/ SF
* $1,507,500
S TA N D A R D D EV I A TI O N = $17.68
$1065/SF
$1118/S F
Listings Days on Market
D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS
2019
2020
© Skybox Realty Inc, 2021
11
255 Berry
705 | $1,368,000 (2BR) $1068/sf 519 | $1,460,000 (2BR) $1123/sf 402 | $1,199,000 (2BR) $1182/sf 311 | $1,099,000 (2BR) $1034/sf
All Data From SFARMLS
OFF MAR KET
SOL D
ACTI V E
IN CONTRACT
701 | $1,595,000 (2BR) $1169/sf
303 | $1,350,000 (2BR) $1047/sf 107 | $1,698,000 (4BR) $995/sf
© Skybox Realty Inc, 2021
13
255 Berry
Price Per SF Q4
$1,068/SF
Q3
$1,123/SF
Q2
$1,169/SF
A VG $/ S F
MED I A N $/S F
Q1 $900
$1000
$1 100
$1200
Buyer Demographic
CA S H B UYER LO A N B UYER UN K N O WN
2019
2020
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
# of Transactions
4
20% YOY
Average DOM
39 39% YOY
Average $/SF
$1,120 2.3% YOY
Average Sales Price
$1,443,250 34% YOY
2020 $/SF Distribution
$ 9 6 9 / SF
* Median Price $1,414,000
S TA N D A R D D EV I A TI O N = $50.37
$1120/SF
$1271/S F
Listings Days on Market
D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS
2019
2020
© Skybox Realty Inc, 2021
15
Arterra
1512 | $1,340,000 (2BR) $1387/sf 1302 | $815,000 (1BR) $1120/sf 1105 | $790,000 (1BR) $1079/sf 1012 | $990,000 (1BR) $1224/sf
617 | $910,000 (1BR) $1182/sf 403 | $736,000 (1BR) $1005/sf 409 | $935,000 (2BR) $1226/sf
All Data From SFARMLS
OFF MAR KET
SOL D
ACTI V E
IN CONTRACT
1504 | $950,000 (1BR) $1110/sf
1009 | $710,000 (1BR) $1189/sf
716 | $699,000 (1BR) $1050/sf 614 | $720,000 (1BR) $1084/sf 516 | $838,000 (1BR) $1258/sf 448 | $1,470,000 (2BR) $1226/sf
© Skybox Realty Inc, 2021
17
Arterra
Price Per SF Q4
$1,068
Q3
$1,224/SF
Q2
$1,323/SF
Q1
$1,204/SF $1100
A VG $/ S F
$1200
MED I A N $/S F
$1 300
$1400
Buyer Demographic
CA S H B UYER LO A N B UYER UN K N O WN
2019
2020
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
# of Transactions
8
33% YOY
Average DOM
39 20% YOY
Average $/SF
$1,185 8.5% YOY
Average Sales Price
$986,125 20% YOY
2020 $/SF Distribution
$ 8 3 2 / SF
* Median Price $874,000
S T A N D A R D D EV I A TI O N = $117.80
$1185/SF
$1538/S F
Listings Days on Market
D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS
2019
2020
© Skybox Realty Inc, 2021
19
Park Terrace
705 | $1,380,000 (2BR) $1059/sf
419 | $1,200,000 (1BR) $1247/sf 414 | $900,000 (1BR) $1055/sf
All Data From SFARMLS
OFF MAR KET
SOL D
ACTI V E
IN CONTRACT
716 | $1,299,000 (2BR) $1075/sf 712 | $1,020,000 (1BR) $1206/sf 501 | $1,875,000 (2BR) $1324/sf 417 | $900,000 (1BR) $1215/sf
© Skybox Realty Inc, 2021
21
Park Terrace
Price Per SF Q4
$1,324/SF
Q3
$1,059/SF
Q2
$1,215/SF
Q1
$1,206/SF $1050
A VG $/ S F
$1150
MED I A N $/S F
$1 250
$1350
Buyer Demographic
CA S H B UYER LO A N B UYER UN K N O WN
2019
2020
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
# of Transactions
4
100% YOY
Average DOM
107 970% YOY
Average $/SF
$1,201 10% YOY
Average Sales Price
$1,293,750 .48% YOY
2020 $/SF Distribution
$ 8 7 5 / SF
* Median Price $1,200,000
S T A N D A R D D EV I A TI O N = $108.80
$1201/SF
$1527/S F
Listings Days on Market
D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS
2019
2020
© Skybox Realty Inc, 2021
23
The Beacon
717 | $760,000 (1BR) $1001/sf 721 | $780,000 (1BR) $1122/sf 517 | $739,000 (1BR) $974/sf 559 | $1,425,000 (3BR) $1105/sf 565 | $939,950 (2BR) $868/sf
903 | $1,060,000 (2BR) $824/sf 733 | $800,000 (1BR) $1099/sf 781 | $805,000 (1BR) $1115/sf 665 | $999,000 (2BR) $922/sf 545 | $789,000 (1BR) $1066/sf 457 | $1,029,000 (1BR) $932/sf
1504 | $669,000 (0BR) $1124/sf 1414 | $899,000 (1BR) $935/sf 1308 | $928,000 (1BR) $1179/sf
906 | $920,000 (1BR) $937/sf 744 | $999,000 (2BR) $898/sf 630 | $1,399,000 (2BR) $989/sf
952 | $2,089,000 (3BR) $853/sf 850 | $750,000 (1BR) $941/sf 780 | $1,199,000 (2BR) $1050/sf 648 | $798,000 (1BR) $1000/sf 574 | $949,000 (2BR) $860/sf 414 | $952,500 (1BR) $990/sf
All Data From SFARMLS
OFF MAR KET
SOL D
ACTI V E
IN CONTRACT
1311 | $820,000 (1BR) $945/sf
913 | $725,000 (1BR) $891/sf 881 | $665,000 (1BR) $1000/sf 735 | $1,225,000 (2BR) $1020/sf 613 | $690,000 (1BR) $848/sf 535 | $1,200,000 (2BR) $976/sf 451 | $1,198,000 (2BR) $1117/sf
917 | $645,000 (1BR) $893/sf 729 | $660,000 (0BR) $1100/sf 753 | $625,000 (1BR) $1124/sf 649 | $1,020,000 (2BR) $829/sf 553 | $645,000 (0BR) $1160/sf 483 | $639,000 (0BR) $1162/sf
960 | $849,000 (1BR) $933/sf
912 | $825,000 (1BR) $929/sf
700 | $1,299,500 (2BR) $1066/sf 626 | $1,400,000 (2BR) $971/sf 554 | $700,000 (0BR) $1125/sf 428 | $170,049 (1BR) bmr
748 | $775,000 (1BR) $971/sf 672 | $1,200,000 (2BR) $1049/sf
© Skybox Realty Inc, 2021
436 | $849,000 (1BR) $1187/sf
25
The Beacon
Price Per SF Q4
$922/SF
Q3
$931/SF
Q2
$1,128/SF
Q1
$1,035/SF $900
A VG $/ S F
$1000
MED I A N $/S F
$1 100
$1200
Buyer Demographic
CA S H B UYER LO A N B UYER UN K N O WN
2019
2020
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
# of Transactions
23 36% YOY
Average DOM
67
139% YOY
Average $/SF
$1,004 7.2% YOY
Average Sales Price
$994,717 7% YOY
2020 $/SF Distribution
$ 6 6 4 / SF
* Median Price $849,000
S T A N D A R D D EV I A TI O N = $113.30
$1004/SF
$1344/S F
Listings Days on Market
D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS
2019
2020
© Skybox Realty Inc, 2021
27
Madrone
1001 | $2,595,000 (2BR) $1351/sf 917 | $1,355,000 (1BR) $1134/sf 705 | $1,635,000 (2BR) $1433/sf 603 | $1,080,000 (1BR) $1168/sf 544 | Call For Price (2BR) 1372sf
All Data From SFARMLS
OFF MAR KET
SOL D
ACTI V E
IN CONTRACT
902 | $1,799,000 (2BR) $1366/sf 715 | $1,073,500 (1BR) $1469/sf 602 | $1,849,000 (2BR) $1399/sf 547 | $1,869,000 (2BR) $1109/sf 335 | $1,449,000 (2BR) $1232/sf
© Skybox Realty Inc, 2021
29
Madrone
Price Per SF
A VG $/ S F
MED I A N $/S F
Q4 Q3
$1,257/SF
Q2 Q1
$1,433/SF $1150
$1250
$1 350
$1450
Buyer Demographic
CA S H B UYER LO A N B UYER UN K N O WN
2019
2020
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
# of Transactions
4
71% YOY
Average DOM
82 74% YOY
Average $/SF
$1,301 8.1% YOY
Average Sales Price
$1,285,875 14% YOY
2020 $/SF Distribution
$ 7 7 8 / SF
* Median Price $1,217,500
S T A N D A R D D EV I A TI O N = $174.37
$1301/SF
$1824/S F
Listings Days on Market
D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS
2019
2020
© Skybox Realty Inc, 2021
31
Radiance
604 | $2,350,000 (2BR) $828/sf 407 | $1,510,000 (2BR) $1435/sf
110 | $2,000,000 (2BR) $1066/sf
All Data From SFARMLS
OFF MAR KET
SOL D
ACTI V E
IN CONTRACT
307 | $985,000 (1BR) $1271/sf
© Skybox Realty Inc, 2021
33
Radiance
Price Per SF Q4
A VG $/ S F
MED I A N $/S F
$1,132/SF
Q3 Q2
$1,066/SF
Q1
$1,271/SF $1000
$1100
$1 200
$1300
Buyer Demographic
CA S H B UYER LO A N B UYER UN K N O WN
2019
2020
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
# of Transactions
4
20% YOY
Average DOM
41 64% YOY
Average $/SF
$1,150 7.1% YOY
Average Sales Price
$1,711,250 28% YOY
2020 $/SF Distribution
$ 3 6 3 / SF
* Median Price $1,755,000
S T A N D A R D D EV I A TI O N = $262.42
$1150/SF
$1937/S F
Listings Days on Market
D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS
2019
2020
© Skybox Realty Inc, 2021
35
Arden
1507 | $2,275,000 (3BR) $1454/sf 1411 | $1,495,000 (2BR) $----/sf 1203 | $2,590,000 (3BR) $1323/sf 1010 | $2,000,000 (2BR) $1377/sf 907 | $1,828,000 (2BR) $1356/sf 713 | $1,772,500 (2BR) $1218/sf 613 | $1,690,000 (2BR) $1319/sf 514 | $2,995,000 (3BR) $1530/sf
206 | $2,075,000 (3BR) $1105/sf
All Data From SFARMLS
OFF MAR KET
SOL D
ACTI V E
IN CONTRACT
1401 | $1,795,000 (2BR) $1474/sf 1410 | $1,985,000 (2BR) $1435/sf
1108 | $1,729,000 (2BR) $1429/sf 913 | $1,830,000 (2BR) $1257/sf 910 | $1,812,500 (2BR) $1275/sf 611 | $1,400,888 (2BR) $1209/sf
208 | $1,720,000 (2BR) $1103/sf 114 | $1,455,000 (2BR) $1131/sf
© Skybox Realty Inc, 2021
37
Arden
Price Per SF Q4
$1,253/SF
Q3
$1,259/SF
Q2
$1,131/SF
Q1
$1,348/SF $1050
A VG $/ S F
$1150
MED I A N $/S F
$1 250
$1350
Buyer Demographic
CA S H B UYER LO A N B UYER UN K N O WN
2019
2020
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
# of Transactions
13 44% YOY
Average DOM
53 71% YOY
Average $/SF
$1,274 8.1% YOY
Average Sales Price
$1,859,838 6.6% YOY
2020 $/SF Distribution
$ 9 0 8 / SF
* Median Price $1,812,500
S T A N D A R D D EV I A TI O N = $121.99
$1274/SF
$1640/S F
Listings Days on Market
D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS
2019
2020
© Skybox Realty Inc, 2021
39
One Mission Bay Resales
1106 | $1,400,000 (2BR) $1105/sf 910 | $1,048,888 (1BR) $1265/sf 706 | $1,399,000 (2BR) $1210/sf 611 | $1,575,000 (2BR) $1324/sf 530 | $820,000 (1BR) $1524/sf 411 | $950,000 (1BR) $1237/sf 409 | $1,048,000 (1BR) $1273/sf 219 | $1,075,000 (1BR) $1280/sf 104 | $1,499,000 (2BR) $1455/sf
402 | $859,000 (
All Data From SFARMLS
OFF MAR KET
SOL D
ACTI V E
IN CONTRACT
1406 | $1,699,000 (2BR) $1333/sf 1204 | $1,695,000 (2BR) $1639/sf
821 | $1,590,000 (2BR) $1356/sf
(1BR) $1372/sf
612 | $1,548,000 (2BR) $1213/sf 528 | $1,078,000 (1BR) $1294/sf 414 | $1,147,000 (1BR) $1511/sf 318 | $1,075,000 (1BR) $1402/sf 207 | $1,615,000 (2BR) $1497/sf 102 | $1,050,000 (1BR) $1254/sf
© Skybox Realty Inc, 2021
41
One Mission Bay
Price Per SF Q4
$1,237/SF
Q3
$1,292/SF
Q2
$1,402/SF
Q1
$1,504/SF $1200
A VG $/ S F
$1300
MED I A N $/S F
$1 400
$1500
Buyer Demographic
CA S H B UYER LO A N B UYER UN K N O WN
2019
2020
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
# of Transactions
8
11% YOY
Average DOM
57
111% YOY
Average $/SF
$1,366 11% YOY
Average Sales Price
$1,161,986 7.6% YOY
2020 $/SF Distribution
$ 9 8 8 / SF
* Median Price $1,062,500
S T A N D A R D D EV I A TI O N = $126.01
$1366/SF
$1744/S F
Listings Days on Market
D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS
2019
2020
© Skybox Realty Inc, 2021
43
Skybox Realty 2020 Annual Report
2020 Q4 Sales Address
BR / BA
SQFT
260 King 753
0/1
556
260 King 613
1/1
814
260 King 913
1/1
814
300 Berry 403
1/1
732
300 Berry 1105
1/1
732
300 Berry 1302
1/1
728
1000 3rd 411
1/1
768
260 King 649
2/2
1,231
255 Berry 705
2/2
1,281
708 Long Bridge 611
2/2
1,159
330 Mission Bay 407
2/2
1,052
708 Long Bridge 208
2/2
1,559
708 Long Bridge 910
2/2
1,422
708 Long Bridge 907
2/2
1,348
325 Berry 501
2/2
1,416
330 Mission Bay 604
2/2
2,838
718 Long Bridge 1203
3/3
1,958
All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
* Only showing sold homes in buildings featured in this book. Does not include new construction.
Sale Price
$/SF
% Sale/List
$625,000
$1,124.10
96.30
$690,000
$847.67
98.71
$725,000
$890.66
98.11
$736,000
$1,005.46
101.52
$790,000
$1,079.24
96.34
$815,000
$1,119.51
96.00
$950,000
$1,236.98
100.00
$1,020,000
$828.59
97.14
$1,368,000
$1,067.92
98.77
$1,400,888
$1,208.70
100.42
$1,510,000
$1,435.36
97.55
$1,720,000
$1,103.27
95.61
$1,812,500
$1,274.61
97.55
$1,828,000
$1,356.08
98.39
$1,875,000
$1,324.15
97.40
$2,350,000
$828.05
85.45
$2,590,000
$1,322.78
97.92
Š Skybox Realty Inc, 2021
45
Skybox Realty 2020 Annual Report
Vi Pavlicevich
Vi in Mission Bay (2015 - Present) # of Transactions
37+
Sold Volume
$57,449,270 All Data From SFARMLS
Vi Pavlicevich | 415.828.1114 | vi@skyboxrealty.com
*
Off Market Listings 110 Channel 409 | 1BR, 1BA | 823 SF 435 China Basin 544 | 2BR, 2BA | 1372 SF
Vi Pavlicevich 5-Year Fast Facts # of Transactions
130+ Sold Volume
$152,498,912 © Skybox Realty Inc, 2021
47
Ranked #1 in Mission Bay
Vi Pavlicevich 415.828.1114 | dre 01906246 vi@skyboxrealty.com Subscribe to Market Updates & Digital Reports Here.