2020 Q1 / South Beach & Yerba Buena Condo Report

Page 1

2020 Q1 Condo Report South Beach & Yerba Buena Paul Hwang | Ranked #1 in South Beach



Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Dear Neighbors, Wow, what a start to 2020. We hope that you and your families are staying safe amidst this new reality. Shelter-in-Place (SIP) has created a disfavorable environment for leasing & selling properties, causing many owners to defer sales to a later date (49 units were put on hold/withdrawn since March 16). 38 homes remain active with just 6 going into contract since SIP in South Beach & Yerba Buena. Before the onslaught of Covid-19 in the Bay Area, the 2020 South Beach condo market was off to a robust start with 71 units sold in Q1, an increase of 31% year-over-year and 13% quarter-over-quarter. YOY / QOQ stats remained relatively flat for avg sold price / avg sold $/SF, while days on the market decreased 16% YOY / 31% QOQ. The same initial surge was not seen in the Yerba Buena condo market, with most statistics down YOY / QOQ. Although unique, this period is not dissimilar to the great recession or dot com bubble in terms of equities, real estate & general sentiments. During these periods, variance in equities was much more chaotic than real estate performance, with real estate lagging by 6 months with 20-25% corrections from peaks. I tell you this not by looking at charts, but by living through it as an active investor in the real estate market. Population & income are essential for real estate. While a rapid loss of employment does not bode well for the economy and subsequently real estate, a key difference in this crisis is that the Federal Reserve has acted extremely quickly, lowering interest rates while Congress injected $2+ Trillion into the economy with the CARES Act. Unlike other areas of the country, a large portion of our tech savvy workforce is working remotely rather than being furloughed. The early use of SIP in San Francisco seems to have “flattened the curve,” as the rate of new Coronavirus cases is much less than densely populated NYC. Economic (& real estate activity) will be highly correlated to the recovery from the current pandemic. We are here to support you and your real estate needs with virtual tours and showings for our non occupied listings and rentals. If you would like an experienced, personalized analysis of your real estate situation, please give me a call. Wishing you good health and kindness, Paul Hwang | Ranked #1 in South Beach | 415.216.8746

© Skybox Realty Inc, 2020

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Skybox Realty 2020 Q1 Report

Table of Contents South Beach & Yerba Buena Market Snapshot The Infinity

6-7 8 - 11

Lumina Resales

12 - 15

The Harrison Resales

16 - 19

One Rincon Hill

20 - 23

The Metropolitan

24 - 27

Watermark

28 - 31

Millennium

32 - 35

One Hawthorne

36 - 39

72 Townsend

40 - 43

Portside

44 - 47

Bridgeview

48 - 51

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

All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Baycrest

42 - 55

The Brannan

56 - 59

The Towers

60 - 63

200 Brannan

64 - 67

2020 Q1 Sales

68 - 73

The Harrison

74 - 75

181 Fremont

76 - 77

Mira

78 - 79

The Avery

80 - 81

Four Seasons Residences

82 - 83

One Steuart Lane

84 - 85

Who You Work With Matters

86 - 87

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.

Š Skybox Realty Inc, 2020

5


Skybox Realty 2020 Q1 Report

South Beach 2020 Q1 * Does not include new construction.

# of Transactions

71

31% YOY /

13% QOQ

Average Sales Price

$1,318,965 .1% YOY /

4.9% QOQ

Average Price per Square Foot

$1,243 8.1% YOY /

.2% QOQ

Average Days on the Market

37

16% YOY /

31% QOQ All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Yerba Buena 2020 Q1 * Does not include new construction.

# of Transactions

8

53% YOY /

33% QOQ

Average Sales Price

$1,466,786 28% YOY /

28% QOQ

Average Price per Square Foot

$1,065 4.9% YOY /

18% QOQ

Average Days on the Market

53

20% YOY /

18% QOQ

© Skybox Realty Inc, 2020

7


The Infinity D42A | Call For Price (2BR) 1274sf

D38A | Call For Price (2BR) 1274sf

D7F | Call For Price (1BR) 899sf D5E | Call For Price (2BR) 1147sf D4C | $969,000 (1BR) 1213/sf

A3H | Call For Price (1BR) 837sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

B33B | $4,950,000 (3BR) $3037/sf

B27C | $1,699,000 (0BR) $2100/sf

B21E | $1,698,000 (2BR) $1439/sf B19A | $1,599,000 (2BR) $1375/sf

B12C | $1,100,000 (1BR) $1360/sf

C5M | $1,020,000 (1BR) $1213/sf

© Skybox Realty Inc, 2020

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The Infinity

# of Transactions

3

---- YOY /

25% QOQ

Average Sales Price

$1,029,667 22% YOY /

18% QOQ

* Median Price $1,020,000

Price Per SF Q1

$1,261/SF

Q4

$1,332/SF

Q3

$1,365/SF

Q2

$1,479/SF $1200

A VG $/ S F

$1300

MED I A N $/S F

$1400

$1500

All Data From SFARMLS


301 / 333 Main, 318 / 338 Spear

Average $/SF

$1,261 3.5% YOY /

Average Days on Market

12

5.4% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

65% YOY /

CASH

2019 Q 4

79% QOQ

LO A N

UN K N O WN

2020 Q 1

11


Lumina

D35A | $2,995,000 (2BR) $1905/sf

D28E | $3,400,000 (3BR) $1898/sf D28C | $3,100,000 (2BR) $2072/sf

D16A | $2,095,000 (2BR) $1519/sf

D7D | $1,050,000 (1BR) $1193/sf

C8I | $1,350,000 (1BR) $1366/sf C6F | $1,075,000 (1BR) $1168/sf C4C | $1,268,000 (1BR) $1384/sf C3E | $2,010,100 (2BR) $1222/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

B41B | $7,495,000 (3BR) $1435/sf

IN CONTRACT

B41A | $9,995,000 (3BR) $1754/sf

B35D | $1,728,000 (1BR) $1778/sf

B29A | $2,850,000 (2BR) 1818/sf B27B | $1,795,000 (2BR) 1510/sf B25A | $2,199,000 (2BR) $1607/sf

B12A | $1,915,000 (2BR) $1400/sf

A7G | $1,250,000 (1BR) $1467/sf

A4A | $840,000 (1BR) $1302/sf A3C | $1,399,000 (1BR) $1272/sf

© Skybox Realty Inc, 2020

B9E | $1,795,000 (2BR) $1314/sf B8C | $1,680,000 (2BR) $1197/sf

A4G | $1,425,000 (2BR) $1311/sf

13


Lumina

# of Transactions

8

100% YOY /

33% QOQ

Average Sales Price

$1,665,013 17% YOY /

16% QOQ

* Median Price $1,515,000

Price Per SF Q1

$1,343/SF

Q4

$1,506/SF

Q3

$1,561/SF

Q2

$1,504/SF $1300

A VG $/ S F

MED I A N $/S F

AVG $1,256/SF $1400

$1500

$1600

All Data From SFARMLS


318 / 338 Main, 333 Beale, 201 Folsom

Average $/SF

$1,343 2.2% YOY /

Average Days on Market

54

11% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

28% YOY /

CASH

2019 Q 4

19% QOQ

LO A N

UN K N O WN

2020 Q 1

15


The Harrison Resales

11G | Call For Price (1BR) 819sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

34D | Call For Price (2BR) 1297sf

28E | $2,588,000 (2BR) $2085/sf

21G | $1,100,000 (1BR) $1451/sf

16D | $978,000 (1BR) $1611/sf 14C | $1,850,000 (2BR) $1439/sf

7A | $1,475,000 (2BR) $1051/sf

© Skybox Realty Inc, 2020

17


The Harrison Resales

# of Transactions

2

50% YOY /

100% QOQ

Average Sales Price

$1,287,500 10% YOY /

27% QOQ

* Median Price $1,287,500

Price Per SF Q1

$1,251/SF

Q4

$1,346/SF

Q3

$1,452/SF

Q2

$1,302/SF $1150

A VG $/ S F

$1250

MED I A N $/S F

$1350

$1450

All Data From SFARMLS


401 Harrison

Average $/SF

$1,251 13% YOY /

Average Days on Market

1

7.1% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

96% YOY /

CASH

2019 Q 4

98% QOQ

LO A N

UN K N O WN

2020 Q 1

19


One Rincon Hill

407 | Call For Price (1BR) 900sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

5704 | $3,295,000 (2BR) $2101/sf 5402 | $3,300,000 (2BR) $2277/sf

4906 | $2,249,000 (2BR) $1817/sf

4408 | $1,285,000 (1BR) $1702/sf

4003 | $2,049,000 (2BR) $1603/sf 3701 | $1,250,000 (1BR) $1493/sf

1902 | $1,950,000 (2BR) $1490/sf 1602 | $1,848,000 (2BR) $1412/sf 1506 | $1,595,000 (2BR) $1288/sf

1106 | Call For Price (2BR) 1238sf

© Skybox Realty Inc, 2020

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One Rincon Hill

# of Transactions

2

---- YOY /

50% QOQ

Average Sales Price

$1,267,500 19% YOY /

18% QOQ

* Median Price $1,267,500

Price Per SF Q1

$1,598/SF

Q4

$1,562/SF

Q3

$1,526/SF

Q2

$1,507/SF $1300

A VG $/ S F

MED I A N $/S F

AVG $1,256/SF $1400

$1500

$1600

All Data From SFARMLS


425 1st, 489 Harrison

Average $/SF

$1,598 18% YOY /

Average Days on Market

2

2.3% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

94% YOY /

CASH

2019 Q 4

97% QOQ

LO A N

UN K N O WN

2020 Q 1

23


The Metropolitan

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

S2603 | $1,965,000 (2BR) $1328/sf S2502 | $2,199,000 (2BR) $1486/sf

S1603 | $1,050,000 (1BR) $1321/sf S1507 | $1,700,000 (2BR) $1458/sf

S1008 | $898,000 (1BR) $1598/sf S709 | $1,288,000 (2BR) $1193/sf

© Skybox Realty Inc, 2020

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The Metropolitan

# of Transactions

4

33% YOY /

33% QOQ

Average Sales Price

$1,403,250 2.9% YOY /

28% QOQ

* Median Price $1,375,000

Price Per SF Q1

$1,425/SF

Q4

$1,291/SF

Q3

$1,394/SF

Q2

$1,287/SF $1100

A VG $/ S F

$1200

MED I A N $/S F

$1300

$1400

All Data From SFARMLS


333 / 355 1st

Average $/SF

$1,425 7.9% YOY /

Average Days on Market

17

10% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

55% YOY /

CASH

2019 Q 4

53% QOQ

LO A N

UN K N O WN

2020 Q 1

27


Watermark

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

PH1C | $3,595,000 (3BR) $1688/sf 21F | $1,445,000 (2BR) $1281/sf 19E | $899,000 (1BR) $1184/sf

9B | $1,309,000 (2BR) $1285/sf

© Skybox Realty Inc, 2020

29


Watermark

# of Transactions

1

100% YOY /

50% QOQ

Average Sales Price

$1,445,000 100% YOY /

9.4% QOQ

* Median Price $1,445,000

Price Per SF Q1

$1,281/SF

Q4

$1,259/SF

Q3

$1,282/SF

Q2

$1,137/SF $1000

A VG $/ S F

$1100

MED I A N $/S F

$1200

$1300

All Data From SFARMLS


501 Beale

Average $/SF

$1,281 100% YOY /

Average Days on Market

41

1.7% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

100% YOY /

CASH

2019 Q 4

173% QOQ

LO A N

UN K N O WN

2020 Q 1

31


Millennium Tower

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

57A | $3,200,000 (3BR) $1183/sf 54C | $4,995,000 (2BR) $1772/sf

6D | $900,000 (1BR) $1141/sf 4E | Call For Price (2BR) 1136sf

© Skybox Realty Inc, 2020

33


Millennium Tower

# of Transactions

2

---- YOY /

100% QOQ

Average Sales Price

$2,050,000 100% YOY /

100% QOQ

* Median Price $2,050,000

Price Per SF Q1

A VG $/ S F

MED I A N $/S F

$1,162/SF

Q4 Q3

$1,028/SF

Q2

$1,108/SF $850

$950

$1050

$1150

All Data From SFARMLS


301 Mission

Average $/SF

$1,162 40% YOY /

Average Days on Market

60

100% QOQ

Buyer Demographic

66% YOY /

CASH

100% QOQ

LO A N

UN K N O WN

N o S al e s i n 2019 Q 4

2 0 1 9 Q3

© Skybox Realty Inc, 2020

2019 Q 4

2020 Q 1

35


One Hawthorne

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

14C | $1,750,000 (2BR) $1333/sf

© Skybox Realty Inc, 2020

37


One Hawthorne

# of Transactions

0

100% YOY /

100% QOQ

Average Sales Price

----

100% YOY /

100% QOQ

* Median Price $----

Price Per SF

A VG $/ S F

MED I A N $/S F

Q1 Q4

$1,411/SF

Q3

$1,256/SF

Q2

$1,330 $1150

$1250

$1350

$1450

All Data From SFARMLS


1 Hawthorne

Average $/SF

----

100% YOY /

Average Days on Market

----

100% QOQ

Buyer Demographic

100% YOY /

CASH

100% QOQ

LO A N

UN K N O WN

No Sales in 2020 Q 1

2 0 1 9 Q3

© Skybox Realty Inc, 2020

2019 Q 4

2020 Q 1

39


72 Townsend

709 | $1,375,000 (2BR) $1210/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

807 | $1,875,000 (2BR) $1538/sf

© Skybox Realty Inc, 2020

41


72 Townsend

# of Transactions

1

100% YOY / ---- QOQ

Average Sales Price

$1,375,000 100% YOY /

31% QOQ

* Median Price $1,375,000

Price Per SF Q1

$1,210/SF

Q4

$1,234/SF

A VG $/ S F

MED I A N $/S F

Q3 Q2 $1000

$1100

$1200

$1300

All Data From SFARMLS


72 Townsend

Average $/SF

$1,210 100% YOY /

Average Days on Market

20

2% QOQ

Buyer Demographic

100% YOY /

CASH

LO A N

63% QOQ

UN K N O WN

No Sa les in 2 0 1 9 Q3

2 0 1 9 Q3

© Skybox Realty Inc, 2020

2019 Q 4

2020 Q 1

43


Portside

712 | $1,275,000 (2BR) $1165/sf

416 | $998,000 (1BR) $1158/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

717 | $995,000 (1BR) $1079/sf 514 | $715,000 (1BR) $1334/sf

401 | $790,000 (1BR) $1186/sf

© Skybox Realty Inc, 2020

45


Portside

# of Transactions

2

100% YOY /

100% QOQ

Average Sales Price

$1,136,500 17% YOY /

14% QOQ

* Median Price $1,136,500

Price Per SF Q1

$1,161/SF

Q4

$1,098/SF

Q3

$989/SF

Q2

$1,142/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1100

$1200

All Data From SFARMLS


403 Main, 38 Bryant

Average $/SF

$1,161 1.7% YOY /

Average Days on Market

30

5.7% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

100% YOY /

CASH

2019 Q 4

21% QOQ

LO A N

UN K N O WN

2020 Q 1

47


Bridgeview

1012 | $1,099,000 (2BR) $1050/sf

709 | $824,000 (1BR) $1137/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

2306 | $1,330,000 (2BR) $1095/sf

2004 | $832,000 (1BR) $1000/sf 1806 | $1,350,000 (2BR) $1111/sf

1505 | $865,000 (1BR) $1045/sf

1007 | $1,199,000 (2BR) $1088/sf

© Skybox Realty Inc, 2020

49


Bridgeview

# of Transactions

2

100% YOY /

66% QOQ

Average Sales Price

$1,097,500 10% YOY /

8.1% QOQ

* Median Price $1,097,500

Price Per SF Q1

$1,070/SF

Q4

$959/SF

Q3

$1,207/SF

Q2

$1,148/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1100

$1200

All Data From SFARMLS


400 Beale

Average $/SF

$1,070 8.2% YOY /

Average Days on Market

55

12% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

205% YOY /

CASH

2019 Q 4

38% QOQ

LO A N

UN K N O WN

2020 Q 1

51


Baycrest

1027 | $1,060,000 (2BR) $1029/sf 921 | $950,000 (2BR) $1192/sf

505 | $760,000 (1BR) $1421/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

1131 | $912,888 (2BR) $1240/sf 1022 | $668,000 (1BR) $1349/sf

526 | $860,000 (1BR) $1082/sf 324 | $588,000 (0BR) $1361/sf 219 | $675,000 (1BR) $1361/sf

© Skybox Realty Inc, 2020

53


Baycrest

# of Transactions

6

100% YOY /

20% QOQ

Average Sales Price

$809,315 11% YOY /

21% QOQ

* Median Price $810,000

Price Per SF Q1

$1,249/SF

Q4

$1,317/SF

Q3

$1,355/SF

Q2

$1,271/SF $1050

A VG $/ S F

$1150

MED I A N $/S F

$1250

$1350

All Data From SFARMLS


201 Harrison

Average $/SF

$1,249 13% YOY /

Average Days on Market

57

5.2% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

97% YOY /

CASH

2019 Q 4

30% QOQ

LO A N

UN K N O WN

2020 Q 1

55


The Brannan

8H | $1,600,000 (2BR) $1451/sf 7B | $995,000 (1BR) $1376/sf 6A | $1,425,000 (2BR) $1162/sf

15D | $2,000,000 (2BR) $1695/sf 12G | $2,100,000 (2BR) $1384/sf

3C | $1,465,000 (2BR) $1056/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

12G | $2,070,000 (2BR) $1365/sf 11G | $2,150,000 (2BR) $1418/sf

2E | $1,375,000 (2BR) $1209/sf

© Skybox Realty Inc, 2020

57


The Brannan

# of Transactions

6

100% YOY /

500% QOQ

Average Sales Price

$1,776,667 3.9% YOY /

11% QOQ

* Median Price $1,800,000

Price Per SF Q1

$1,352/SF

Q4

$1,442/SF

Q3

$1,445/SF

Q2

$1,332/SF $1200

A VG $/ S F

$1300

MED I A N $/S F

$1400

$1500

All Data From SFARMLS


219 / 229 / 239 Brannan

Average $/SF

$1,352 7% YOY /

Average Days on Market

36

9.4% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

40% YOY /

CASH

2019 Q 4

25% QOQ

LO A N

UN K N O WN

2020 Q 1

59


The Towers

605 | $1,206,000 (1BR) $1304/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

1407 | $5,350,000 (3BR) $1488/sf

1104 | $1,537,500 (2BR) $1085/sf

625 | $1,745,000 (3BR) $1302/sf 411 | $1,428,000 (2BR) $1117/sf

© Skybox Realty Inc, 2020

61


The Towers

# of Transactions

3

---- YOY /

200% QOQ

Average Sales Price

$1,496,167 1% YOY /

7.6% QOQ

* Median Price $1,537,500

Price Per SF Q1

$1,303/SF

Q4

$1,143/SF

Q3

$1,132/SF

Q2

$1,149/SF $1000

A VG $/ S F

$1100

MED I A N $/S F

$1200

$1300

All Data From SFARMLS


88 King

Average $/SF

$1,303 4.7% YOY /

Average Days on Market

19

11% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

46% YOY /

CASH

2019 Q 4

69% QOQ

LO A N

UN K N O WN

2020 Q 1

63


200 Brannan

428 | $4,500,000 (3BR) $1882/sf 330 | $1,850,000 (2BR) $978/sf 242 | $1,599,000 (2BR) $1051/sf 218 | $941,000 (1BR) $1107/sf 120 | $1,800,000 (2BR) $966/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

411 | $1,500,000 (2BR) $984/sf 410 | $1,475,000 (2BR) $967/sf 334 | $1,925,000 (2BR) $960/sf 214 | $970,000 (1BR) $1325/sf 130 | $1,425,000 (1BR) $930/sf

© Skybox Realty Inc, 2020

65


200 Brannan

# of Transactions

5

150% YOY /

150% QOQ

Average Sales Price

$1,427,200 .1% YOY /

26% QOQ

* Median Price $1,500,000

Price Per SF Q1

$1,068/SF

Q4

$1,128/SF

Q3

$1,029/SF

Q2

$1,062/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1100

$1200

All Data From SFARMLS


200 Brannan

Average $/SF

$1,068 .6% YOY /

Average Days on Market

19

5.4% QOQ

Buyer Demographic

2 0 1 9 Q3

© Skybox Realty Inc, 2020

73% YOY /

CASH

2019 Q 4

17% QOQ

LO A N

UN K N O WN

2020 Q 1

67


Skybox Realty 2020 Q1 Report

2020 Q1 Sales Address

BR / BA

SQFT

301 Mission 6D

1/1

789

301 Mission 57A

3/3

2706

318 Main 4A

1/1

665

355 1st 1008

1/1

562

338 Spear 4C

1/1

799

333 Main 5M

1/1

841

355 1st 1603

1/1

795

338 Main 7D

1/1

880

333 Beale 6F

1/1

920

401 Harrison 21G

1/1

758

301 Main 12C

1/1

809

425 1st 3701

1/1

837

425 1st 4408

1/1

755

333 Beale 8I

1/2

988

501 Beale 21F

2/2

1128

401 Harrison 7A

2/2

1404

201 Folsom 8C

2/2

1403

355 1st 1507

2/2

1166

201 Folsom 12A

2/2

1368

355 1st 2603

2/2

1480

All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

* Only showing sold homes in buildings featured in this book. Does not include new construction.

Sale Price

$/SF

% Sale/List

$900,000

$1,140.68

100.00

$3,200,000

$1,182.56

91.43

$840,000

$1,263.16

98.82

$898,000

$1,597.86

103.46

$969,000

$1,212.77

100.00

$1,020,000

$1,212.84

99.51

$1,050,000

$1,320.75

107.25

$1,050,000

$1,193.18

95.89

$1,075,000

$1,168.48

100.23

$1,100,000

$1,451.19

100.09

$1,100,000

$1,359.70

100.00

$1,250,000

$1,493.43

98.04

$1,285,000

$1,701.99

100.78

$1,350,000

$1,366.40

96.50

$1,445,000

$1,281.03

100.00

$1,475,000

$1,050.57

100.00

$1,680,000

$1,197.43

98.88

$1,700,000

$1,457.98

100.06

$1,915,000

$1,399.85

96.96

$1,965,000

$1,327.70

98.35

Š Skybox Realty Inc, 2020

69


Skybox Realty 2020 Q1 Report

2020 Q1 Sales Continued... Address

BR / BA

SQFT

333 Beale 3E

2/2

1645

338 Main 28E

3/3

1791

201 Harrison 324

0/1

432

201 Harrison 219

1/1

496

201 Harrison 505

1/1

535

201 Harrison 526

1/1

795

400 Beale 1505

1/1

828

201 Harrison 1131

2/2

736

200 Brannan 218

1/1

850

200 Brannan 214

1/1

732

403 Main 416N

1/1

862

201 Harrison 1027

2/2

1030

88 King 605

1/1

925

403 Main 712

2/2

1094

400 Beale 2306

2 / 1.5

1215

72 Townsend 709

2/2

1135

219 Brannan 6A

2/2

1226

229 Brannan 3C

2/2

1387

200 Brannan 411

2/2

1525

88 King 1104

2/2

1111

All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

* Only showing sold homes in buildings featured in this book. Does not include new construction.

Sale Price

$/SF

% Sale/List

$2,010,100

$1,221.95

95.95

$3,400,000

$1,898.38

100.15

$588,000

$1,361.11

100.00

$675,000

$1,360.89

99.26

$760,000

$1,420.56

98.70

$860,000

$1,081.76

96.85

$865,000

$1,044.69

96.65

$912,888

$1,240.34

100.00

$941,000

$1,107.06

100.00

$970,000

$1,325.14

114.18

$998,000

$1,157.77

111.14

$1,060,000

$1,029.13

97.25

$1,206,000

$1,303.78

110.14

$1,275,000

$1,165.45

107.32

$1,330,000

$1,094.65

98.59

$1,375,000

$1,210.39

106.18

$1,425,000

$1,162.32

98.28

$1,465,000

$1,056.24

97.99

$1,500,000

$983.61

96.84

$1,537,500

$1,383.88

99.19

Š Skybox Realty Inc, 2020

71


Skybox Realty 2020 Q1 Report

2020 Q1 Sales Continued... Address

BR / BA

SQFT

219 Brannan 8H

2/2

1103

88 King 625

3/2

1340

200 Brannan 120

2/2

1863

200 Brannan 334

2/2

2006

229 Brannan 15D

2/2

1180

239 Brannan 12G

2/2

1516

229 Brannan 12G

2/2

1517

All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

* Only showing sold homes in buildings featured in this book. Does not include new construction.

Sale Price

$/SF

% Sale/List

$1,600,000

$1,450.59

85.33

$1,745,000

$1,302.24

97.21

$1,800,000

$966.18

97.30

$1,925,000

$959.62

96.49

$2,000,000

$1,694.92

90.91

$2,070,000

$1,365.44

96.28

$2,100,000

$1,384.31

105.26

Š Skybox Realty Inc, 2020

73


The Harrison 401 Harrison

Interior Design

Ken Fulk # of Units

298 # in Contract / Sold

289+

Monthly Absorption

6.3 Units All Data From SFARMLS


SO L D

ACTI V E

IN CONTRACT

48A | $3,250,000 (2BR) $1972/sf

43A | $1,750,000 (2BR) $1623/sf 40F | $2,200,000 (2BR) $1773/sf 39D | $2,825,000 (2BR) $2178/sf

44C | $2,990,000 (2BR) $1882/sf 41B | $3,900,000 (3BR) $1970/sf 40C | $2,475,000 (2BR) $1855/sf 39F | $1,600,000 (1BR) $1928/sf

37B | $2,147,000 (2BR) $1638/sf

27E | $2,395,000 (2BR) $1930/sf

20E | $1,884,000 (2BR) $1518/sf

© Skybox Realty Inc, 2020

75


181 Fremont 181 Fremont

Developer

Jay Paul # of Units

67

# in Contract / Sold

36+

Monthly Absorption

1.6 Units All Data From SFARMLS


SO L D

ACTI V E

IN CONTRACT

69B | $15,000,000 (2BR) $4,689/sf

63C | $2,970,000 (2BR) $2353/sf

60A | $5,595,000 (3BR) $2837/sf

56B | $6,400,000 (2BR) $2,875/sf

© Skybox Realty Inc, 2020

77


Skybox Realty 2020 Q1 Report

Mira 280 Spear Architect

Studio Gang # of Units

392 # in Contract / Sold

88+

Monthly Absorption

5.1 Units All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2020

79


Skybox Realty 2020 Q1 Report

The Avery 488 Folsom Architect

OMA # of Units

118 # in Contract / Sold

32+

Monthly Absorption

2 Units All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2020

81


Skybox Realty 2020 Q1 Report

Four Seasons Residences 706 Mission Architect

Handel # of Units

146 # in Contract / Sold

33+

Monthly Absorption

3.3 Units All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2020

83


Skybox Realty 2020 Q1 Report

One Steuart Lane 75 Howard Architect

SOM # of Units

120 # of Stories

20

Sales Begin

2020 All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2020

85


Skybox Realty 2020 Q1 Report

Paul Hwang

South Beach Average Sales Price 2019

2018

2017

$900K

Paul Hwang (+23%) Other Brokers Paul Hwang Other Brokers Paul Hwang Others

$1.1M

$1.3M

$1.5M

$1.7M

All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

*

Call me to find out how we can feature your off market listing to all of our prospective buyers in our 2020 Quarterly Reports!

South Beach Average Price per Square Foot Paul Hwang (+16%)

2019

Other Brokers Paul Hwang

2018

Other Brokers Paul Hwang

2017

$700

Other Brokers

$900

Š Skybox Realty Inc, 2020

$1100

$1300

$1500

87


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Paul Hwang Ranked #1 in South Beach 415.216.8746 | dre 01371169 paul@skyboxrealty.com

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