2020 Q2 / South Beach & Yerba Buena Condo Report

Page 1

2020 Q2 Condo Report South Beach & Yerba Buena Paul Hwang | Ranked #1 in South Beach



Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Dear Neighbors, The last day of Q2 ended with 102 Active units on MLS in South Beach, 24 in contract, and 31 closed units. 59 units either were cancelled or expired. Yerba Buena had similar numbers: 28 actives, 5 in contract, 4 closed, and 6 expired/cancelled. There is also a large shadow inventory of coming soon, on hold and new construction listings. Rents have also softened. The disappointing results may be attributed to a combo of Shelter-in-Place and the citywide curfew orders that occured during the period of civil unrest in the city. A closer examination of the data shows that the few units that sold were mostly at lower price points, with sales at the top end virtually stopped. Shockingly no sales were reported at The Infinity during Q2, the first time ever, and only one sale at Lumina! Inventory has ballooned with few buyers during this period of uncertainty and unrest. The compelling reasons to live in high density urban environments, such as walking to work, restaurants and cultural events, are currently not valid. Looking forward, it is not enough to simply lift the Shelter-in-Place policies, but rather the general population must feel comfortable returning to restaurants and everyday life. Once this occurs, the real estate market can return to a normalized state. Unfortunately, without a solution or a plan for the virus, this cannot occur. Interest rates are at historical lows and the equity markets are beginning to recover. A more important consideration may be the Fed increasing the money supply by printing trillions of dollars. It is logical to assume the hard assets would appreciate with the increased money supply. Opportunities exist for prudent buyers looking to take advantage of reduced prices and high inventory. While these are all positives, ultimately it will depend on when and how effective of a vaccine is developed. Stay healthy and respect one another. Best Regards, Paul Hwang | Ranked #1 in South Beach | 415.216.8746

Š Skybox Realty Inc, 2020

3


Skybox Realty 2020 Q2 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

52 - 55

The Brannan

56 - 59

The Towers

60 - 63

200 Brannan

64 - 67

2020 Q2 Sales

68 - 69

The Harrison

70 - 71

181 Fremont

72 - 73

Mira

74 - 75

The Avery

76 - 77

Four Seasons Residences

78 - 79

One Steuart Lane

80 - 81

Who You Work With Matters

82 - 83

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 Q2 Report

South Beach 2020 Q2 * Does not include new construction.

# of Transactions

31

43% YOY /

56% QOQ

Average Sales Price

$1,205,452 8.7% YOY /

8.7% QOQ

Average Price per Square Foot

$1,166 1.4% YOY /

6.2% QOQ

Average Days on the Market

40

8.1% YOY /

8.1% QOQ All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Yerba Buena 2020 Q2 * Does not include new construction.

# of Transactions

4

76% YOY /

50% QOQ

Average Sales Price

$603,000 47% YOY /

59% QOQ

Average Price per Square Foot

$1,417 27% YOY /

33% QOQ

Average Days on the Market

38

14% YOY /

28% QOQ

© Skybox Realty Inc, 2020

7


The Infinity D42A | Call For Price (2BR) 1274sf D40D | $2,599,000 (2BR) $1940/sf D38A | Call For Price (2BR) 1274sf

D35E | $2,495,000 (2BR) $1862/sf

D20B | $2,695,000 (2BR) $2037/sf

D16G | $999,000 (1BR) $1238/sf

D7B | $1,749,000 (2BR) $1296/sf

A8G | $1,099,000 (1BR) $1377/sf

D5E | Call For Price (2BR) 1147sf

A5G | $725,000 (1BR) $1348/sf

A3A | $1,499,000 (2BR) $1177/sf

A3H | $889,000 (1BR) $1062/sf

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

B22A | $1,650,000 (2BR) $1419/sf

B19A | $1,599,000 (2BR) $1375/sf B17G | $1,049,000 (1BR) $1301/sf

B15CD | $4,300,000 (2BR) $1978/sf B14F | $1,780,000 (2BR) $1362/sf

C6E | $1,698,888 (2BR) $1244/sf

© Skybox Realty Inc, 2020

B7C | $2,099,000 (3BR) $1198/sf

9


The Infinity

# 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

Q2 Q1

$1,261/SF

Q4

$1,332/SF

Q3

$1,365/SF $1200

$1300

$1400

$1500

All Data From SFARMLS


301 / 333 Main, 318 / 338 Spear

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 2

2 0 1 9 Q4

© Skybox Realty Inc, 2020

2020 Q 1

2020 Q 2

11


Lumina

D35D | $1,498,000 (1BR) $1556/sf D35A | $2,995,000 (2BR) $1905/sf D35E | $3,649,000 (3BR) $2037/sf D34C | $3,500,000 (2BR) $2347/sf D32A | $2,850,000 (2BR) $1813/sf D30D | $1,349,000 (1BR) $1434/sf

D27C | $2,699,000 (2BR) $1810/sf D25H | $1,225,000 (1BR) $1434/sf

D18E | $1,988,000 (2BR) $1404/sf D17A | $1,995,000 (2BR) $1447/sf D14C | $2,200,000 (2BR) $1568/sf

D8F | $1,638,000 (2BR) $1378/sf D8H | $1,150,000 (1BR) $1347/sf

C8H | $1,399,000 (1BR) $1420/sf C8A | $989,000 (1BR) $1133/sf C7F | $1,089,000 (1BR) $1184/sf C5A | $1,150,000 (1BR) $1317/sf C4C | $1,228,000 (1BR) $1341/sf C2E | $1,895,000 (2BR) $1220/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 B39B | $5,754,000 (4BR) $2137/sf

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

B32B | $5,595,000 (3BR) $2085/sf B29A | $2,850,000 (2BR) 1818/sf B27B | $1,795,000 (2BR) 1510/sf B25A | $2,058,000 (2BR) $1504/sf B24A | $2,248,000 (2BR) $1606/sf

B21C | $2,095,000 (2BR) $1493/sf B20A | $1,975,000 (2BR) $1444/sf

B9E | $1,795,000 (2BR) $1314/sf A7G | $1,235,000 (1BR) $1450/sf A6A | $879,000 (1BR) $1322/sf A5J | $1,300,000 (1BR) $1474/sf A4G | $1,375,000 (1BR) $1265/sf

© Skybox Realty Inc, 2020

B6G | $1,795,000 (2BR) $1281/sf A5K | $1,899,000 (2BR) $1249/sf B3D | $820,000 (0BR) $1075/sf

13


Lumina

# of Transactions

1

75% YOY /

87% QOQ

Average Sales Price

$1,235,000 13% YOY /

26% QOQ

* Median Price $1,235,000

Price Per SF Q2

$1,450/SF

Q1

$1,343/SF

Q4

$1,506/SF

Q3

$1,561/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

$1,450 10% YOY /

Average Days on Market

68

7.9% QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

9.5% YOY /

CASH

2020 Q 1

26% QOQ

LO A N

UN K N O WN

2020 Q 2

15


The Harrison Resales

11H | $1,079,000 (1BR) $1422/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

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

24G | $1,149,000 (1BR) $1512/sf

17F | $1,249,000 (1BR) $1505/sf 16D | $978,000 (1BR) $1611/sf 14C | $1,798,888 (2BR) $1399/sf 13C | $1,699,000 (2BR) $1321/sf 11G | $998,000 (1BR) $1220/sf

5B | $949,000 (1BR) $1276/sf

© Skybox Realty Inc, 2020

17


The Harrison Resales

# 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

Q2 Q1

$1,251/SF

Q4

$1,346/SF

Q3

$1,452/SF $1150

$1250

$1350

$1450

All Data From SFARMLS


401 Harrison

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 2

2 0 1 9 Q4

© Skybox Realty Inc, 2020

2020 Q 1

2020 Q 2

19


One Rincon Hill

4907 | $1,270,000 (1BR) $1551/sf

407 | Call For Price (1BR) 900sf 302 | $1,725,000 (2BR) $1119/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

5704 | $3,136,000 (2BR) $2000/sf

4901 | $1,315,000 (1BR) $1571/sf 4906 | $1,975,000 (2BR) $1595/sf 4706 | $1,995,000 (2BR) $1611/sf

4003 | $1,935,000 (2BR) $1514/sf 3906 | $1,795,000 (2BR) $1450/sf

2801 | $1,880,000 (2BR) $1804/sf

1902 | $1,835,000 (2BR) $1402/sf 1602 | $1,848,000 (2BR) $1412/sf 1506 | $1,525,000 (2BR) $1232/sf

1106 | Call For Price (2BR) 1238sf 902 | $1,395,000 (2BR) $1066/sf

© Skybox Realty Inc, 2020

21


One Rincon Hill

# of Transactions

4

100% YOY /

100% QOQ

Average Sales Price

$2,079,000 95% YOY /

64% QOQ

* Median Price $1,955,000

Price Per SF Q2

$1,665/SF

Q1

$1,598/SF

Q4

$1,562/SF

Q3

$1,526/SF AVG $1400

A VG $/ S F

MED I A N $/S F

$1,256/SF $1500

$1600

$1700

All Data From SFARMLS


425 1st, 489 Harrison

Average $/SF

$1,665 23% YOY /

Average Days on Market

63

4.2% QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

97% YOY /

CASH

2020 Q 1

3050% QOQ

LO A N

UN K N O WN

2020 Q 2

23


The Metropolitan

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

S2502 | $1,995,000 (2BR) $1348/sf

S2007 | $1,599,000 (2BR) $1371/sf

S1604 | $998,000 (1BR) $1448/sf S1602 | $1,599,000 (2BR) $1371/sf

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

S301 | $799,000 (1BR) $1212/sf

© Skybox Realty Inc, 2020

25


The Metropolitan

# of Transactions

1

66% YOY /

75% QOQ

Average Sales Price

$1,288,000 11% YOY /

8.3% QOQ

* Median Price $1,288,000

Price Per SF Q2

$1,193/SF

Q1

$1,425/SF

Q4

$1,291/SF

Q3

$1,394/SF $1100

A VG $/ S F

$1200

MED I A N $/S F

$1300

$1400

All Data From SFARMLS


333 / 355 1st

Average $/SF

$1,193 9.7% YOY /

Average Days on Market

9

16% QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

18% YOY /

CASH

2020 Q 1

47% QOQ

LO A N

UN K N O WN

2020 Q 2

27


Watermark

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

PH1C | $3,595,000 (3BR) $1688/sf

19E | $872,000 (1BR) $1148/sf 18F | $1,595,000 (2BR) $1418/sf

10B | $1,299,000 (2BR) $1203/sf 9B | $1,309,000 (2BR) $1285/sf

© Skybox Realty Inc, 2020

29


Watermark

# of Transactions

1

50% YOY / ---- QOQ

Average Sales Price

$872,000 10% YOY /

40% QOQ

* Median Price $872,000

Price Per SF Q2

$1,149/SF

Q1

$1,281/SF

Q4

$1,259/SF

Q3

$1,282/SF $1000

A VG $/ S F

$1100

MED I A N $/S F

$1200

$1300

All Data From SFARMLS


501 Beale

Average $/SF

$1,149 13% YOY /

Average Days on Market

46

10% QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

156% YOY /

CASH

2020 Q 1

12% QOQ

LO A N

UN K N O WN

2020 Q 2

31


Millennium Tower

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

50C | $4,900,000 (2BR) $1738/sf

46E | $2,199,000 (2BR) $1309/sf

33E | $1,995,000 (2BR) $1164/sf

28A | $1,600,000 (2BR) $1055/sf

24D | $900,000 (1BR) $1142/sf

17A | $1,495,000 (2BR) $1011/sf

5C | $949,000 (1BR) $1139/sf 4E | Call For Price (2BR) 1136sf 3H | $754,000 (1BR) $975/sf

© Skybox Realty Inc, 2020

33


Millennium Tower

# 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

Q2 Q1

$1,162/SF

Q4 Q3

$1,028/SF $850

$950

$1050

$1150

All Data From SFARMLS


301 Mission

Average $/SF

----

100% YOY /

Average Days on Market

----

100% QOQ

Buyer Demographic

100% YOY /

CASH

N o Sa les in 2 0 1 9 Q4

2 0 1 9 Q4

© Skybox Realty Inc, 2020

100% QOQ

LO A N

UN K N O WN

No Sales in 2020 Q 2

2020 Q 1

2020 Q 2

35


One Hawthorne

14E | $1,679,000 (2BR) $1350/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

22C | $2,150,000 (2BR) $1636/sf

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

6J | $1,395,000 (2BR) $1119/sf 4J | $1,425,000 (2BR) $1145/sf

© Skybox Realty Inc, 2020

37


One Hawthorne

# of Transactions

0

100% YOY / ---- QOQ

Average Sales Price

----

100% YOY / ---- QOQ * Median Price $----

Price Per SF

A VG $/ S F

MED I A N $/S F

Q2 Q1 Q4

$1,411/SF

Q3

$1,256/SF $1150

$1250

$1350

$1450

All Data From SFARMLS


1 Hawthorne

Average $/SF

----

Average Days on Market

----

100% YOY / ---- QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

100% YOY / ---- QOQ

CASH

LO A N

UN K N O WN

N o S al e s i n 2020 Q 1

No Sales in 2020 Q 2

2020 Q 1

2020 Q 2

39


72 Townsend

807 | $1,875,000 (2BR) $1538/sf 707 | $1,295,000 (1BR) $1522/sf

402 | $1,595,000 (2BR) $1237/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

401 | $1,029,000 (1BR) $1306/sf

© Skybox Realty Inc, 2020

41


72 Townsend

# of Transactions

Average Sales Price

---- YOY /

---- YOY /

0

100% QOQ

----

100% QOQ

* Median Price $----

Price Per SF

A VG $/ S F

MED I A N $/S F

Q2 Q1

$1,210/SF

Q4

$1,234/SF

Q3 $1000

$1100

$1200

$1300

All Data From SFARMLS


72 Townsend

Average $/SF

Average Days on Market

---- YOY /

---- YOY /

----

100% QOQ

Buyer Demographic

---CASH

100% QOQ

LO A N

UN K N O WN

No Sales in 2020 Q 2

2 0 1 9 Q4

© Skybox Realty Inc, 2020

2020 Q 1

2020 Q 2

43


Portside

805 | $628,000 (1BR) $1274/sf 720 | $1,498,888 (2BR) $1384/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

808 | $725,000 (1BR) $1408/sf 717 | $940,000 (1BR) $1020/sf 605 | $699,000 (1BR) $1418/sf 514 | $715,000 (1BR) $1334/sf

903 | $950,000 (1BR) $1140/sf

401 | $780,000 (1BR) $1171/sf

© Skybox Realty Inc, 2020

45


Portside

# of Transactions

2

100% YOY / ---- QOQ

Average Sales Price

$784,000 20% YOY /

31% QOQ

* Median Price $784,000

Price Per SF Q2

$1,147/SF

Q1

$1,161/SF $1,098/SF

Q4

$1,098/SF $989/SF

Q3

$989/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

$1,147 .44% YOY /

Average Days on Market

36

1.3% QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

100% YOY /

CASH

2020 Q 1

20% QOQ

LO A N

UN K N O WN

2020 Q 2

47


Bridgeview

1105 | $875,,000 (1BR) $1057/sf 1012 | $1,069,000 (2BR) $994/sf

709 | $799,000 (1BR) $1102/sf 506 | $1,049,000 (2BR) $1011/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

2004 | $865,000 (1BR) $1040/sf

1314 | $1,599,000 (3BR) $1116/sf 1113 | $925,000 (1BR) $1083/sf 1007 | $1,100,000 (2BR) $998/sf 804 | $800,000 (1BR) $961/sf

513 | $820,000 (1BR) $961/sf

© Skybox Realty Inc, 2020

49


Bridgeview

# of Transactions

5

67% YOY /

150% QOQ

Average Sales Price

$930,800 12% YOY /

15% QOQ

* Median Price $865,000

Price Per SF Q2

$991/SF

Q1

$1,070/SF

Q4

$959/SF

Q3

$1,207/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1100

$1200

All Data From SFARMLS


400 Beale

Average $/SF

$991 11% YOY /

Average Days on Market

27

7.4% QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

39% YOY /

CASH

2020 Q 1

51% QOQ

LO A N

UN K N O WN

2020 Q 2

51


Baycrest

921 | $925,000 (2BR) $1161/sf

103 | $995,000 (2BR) $924/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

1022 | $660,000 (1BR) $1333/sf 823 | $500,000 (0BR) $1182/sf 600 | $549,000 (0BR) $1271/sf

309 | $950,000 (2BR) $1192/sf 122 | $539,000 (0BR) $1553/sf

© Skybox Realty Inc, 2020

53


Baycrest

# of Transactions

2

71% YOY /

66% QOQ

Average Sales Price

$792,500 6.1% YOY /

2.1% QOQ

* Median Price $792,500

Price Per SF Q2

$1,247/SF

Q1

$1,249/SF

Q4

$1,317/SF

Q3

$1,355/SF $1050

A VG $/ S F

$1150

MED I A N $/S F

$1250

$1350

All Data From SFARMLS


201 Harrison

Average $/SF

$1,247 1.9% YOY /

Average Days on Market

26

.2% QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

30% YOY /

CASH

2020 Q 1

54% QOQ

LO A N

UN K N O WN

2020 Q 2

55


The Brannan

7B | $995,000 (1BR) $1376/sf

3H | $1,299,999 (2BR) $1078/sf 2D | $1,395,000 (2BR) $1154/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

7C | $1,495,000 (2BR) $1132/sf

2E | $1,285,000 (2BR) $1130/sf

© Skybox Realty Inc, 2020

57


The Brannan

# 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

Q2 Q1

$1,352/SF

Q4

$1,442/SF

Q3

$1,445/SF $1200

$1300

$1400

$1500

All Data From SFARMLS


219 / 229 / 239 Brannan

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 2

2 0 1 9 Q4

© Skybox Realty Inc, 2020

2020 Q 1

2020 Q 2

59


The Towers

415 | $1,150,000 (2BR) $1020/sf

110 | $1,300,000 (2BR) $974/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

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

521 | $1,295,000 (2BR) $1131/sf 411 | $1,428,000 (2BR) $1117/sf 320 | $1,425,000 (2BR) $1272/sf

© Skybox Realty Inc, 2020

61


The Towers

# of Transactions

1

66% YOY /

66% QOQ

Average Sales Price

$1,300,000 12% YOY /

13% QOQ

* Median Price $1,300,000

Price Per SF Q2

$974/SF

Q1

$1,303/SF

Q4

$1,143/SF

Q3

$1,132/SF $1000

A VG $/ S F

$1100

MED I A N $/S F

$1200

$1300

All Data From SFARMLS


88 King

Average $/SF

$974 15% YOY /

Average Days on Market

73

25% QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

306% YOY /

CASH

2020 Q 1

284% QOQ

LO A N

UN K N O WN

2020 Q 2

63


200 Brannan

428 | $4,500,000 (3BR) $1882/sf 330 | $1,850,000 (2BR) $978/sf 242 | $1,599,000 (2BR) $1051/sf 330 | $1,995,000 (2BR) $1054/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

436 | $3,500,000 (2BR) $1923/sf 410 | $1,580,000 (2BR) $1036/sf 308 | $1,550,000 (2BR) $1020/sf 232 | $3,100,000 (3BR) $1297/sf 130 | $1,375,000 (1BR) $898/sf

© Skybox Realty Inc, 2020

65


200 Brannan

# of Transactions

3

50% YOY /

40% QOQ

Average Sales Price

$1,511,333 .8% YOY /

5.9% QOQ

* Median Price $1,500,000

Price Per SF Q2

$990/SF

Q1

$1,068/SF

Q4

$1,128/SF

Q3

$1,029/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1100

$1200

All Data From SFARMLS


200 Brannan

Average $/SF

$990 7.4% YOY /

Average Days on Market

50

7.4% QOQ

Buyer Demographic

2 0 1 9 Q4

© Skybox Realty Inc, 2020

22% YOY /

CASH

2020 Q 1

163% QOQ

LO A N

UN K N O WN

2020 Q 2

67


Skybox Realty 2020 Q2 Report

2020 Q2 Sales Address

BR / BA

SQFT

501 Beale 19E

1/1

759

318 Main 7G

1/1

852

425 1st 4907

1/1

819

355 1st 709

2/2

1,080

425 1st 4003

2/2

1,278

425 1st 4906

2/2

1,238

425 1st 5704

2/2

1,568

403 Main 805N

1/1

493

201 Harrison 1022

1/1

495

400 Beale 804

1/1

832

400 Beale 513

1/1

853

400 Beale 2004

1/1

832

201 Harrison 921

2/2

797

403 Main 717N

1/1

922

400 Beale 1012

2/2

1,075

400 Beale 1007

2/2

1,102

88 King 110

2 / 2.5

1,335

200 Brannan 130

1 / 1.5

1,532

200 Brannan 242

2/2

1,522

200 Brannan 410

2/2

1,525

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

$872,000

$1,148.88

97.00

$1,235,000

$1,449.53

98.80

$1,270,000

$1,550.67

97.77

$1,288,000

$1,192.59

100.00

$1,935,000

$1,514.08

94.44

$1,975,000

$1,595.32

87.82

$3,136,000

$2,000.00

95.17

$628,000

$1,273.83

96.76

$660,000

$1,333.33

98.80

$800,000

$961.54

100.13

$820,000

$961.31

100.00

$865,000

$1,039.66

103.97

$925,000

$1,160.60

97.37

$940,000

$1,019.52

94.47

$1,069,000

$994.52

97.27

$1,100,000

$998.19

91.74

$1,300,000

$973.78

93.86

$1,375,000

$897.52

96.49

$1,579,000

$1,037.45

98.75

$1,580,000

$1,036.07

107.12

Š Skybox Realty Inc, 2020

69


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

44C | $2,990,000 (2BR) $1882/sf 43B | $2,495,000 (2BR) $1758/sf

39D | $2,825,000 (2BR) $2178/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 25E | $2,225,000 (2BR) $1793/sf

© Skybox Realty Inc, 2020

71


181 Fremont 181 Fremont

Developer

Jay Paul # of Units

67

# in Contract / Sold

36+

Monthly Absorption

1.4 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

58A | $5,195,000 (2BR) $2743/sf 56B | $6,400,000 (2BR) $2,875/sf

© Skybox Realty Inc, 2020

73


Skybox Realty 2020 Q1 Report

Mira 280 Spear Architect

Studio Gang # of Units

392 # in Contract / Sold

89+

Monthly Absorption

5.1 Units All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2020

75


Skybox Realty 2020 Q2 Report

The Avery 488 Folsom Architect

OMA # of Units

118 # in Contract / Sold

32+

Monthly Absorption

1.2 Units All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2020

77


Skybox Realty 2020 Q2 Report

Four Seasons Residences 706 Mission Architect

Handel # of Units

146 # in Contract / Sold

33+

Monthly Absorption

2.5 Units All Data From SFARMLS


Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2020

79


Skybox Realty 2020 Q2 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

81


Skybox Realty 2020 Q2 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

83


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

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