2020 Q3 / Mission Bay Condo Report

2020 Q3 Condo Report Mission Bay Vi Pavlicevich | 415.828.1114 | dre 01906246

Skybox Realty 2020 Q3 Report

Hello Neighbors,

Fall is here, and so much has changed in the San Francisco real estate ma Area, there are active home buyers, multiple offers, and homes selling at r happened! However, the opposite is observed in San Francisco, and the u city. The number of San Francisco condos for sale is the highest in the last

In the graph below, Mission Bay had 1.8 months of supply in March 2020 at a slower pace as cautious buyers take their time. The San Francisco rea caused many tech employees to leave the city with the ability to work from Sellers are outnumbering buyers within the city, but properties are still se differently these days, and we are in a buyer’s market.

10 8 6 4 2 JAN 2019

I get asked daily if the San Francisco housing market will recover, and it wi tech companies bring employees back to work as COVID-19 restrictions e people love about the city become available, the sooner home prices will r making its comeback.

Whether you’re living in your home or renting your property out, the mark investments. I’ve helped many clients evaluate their options during this pa Best Regards, Vi Pavlicevich | Mission Bay Specialist | 415.828.1114

All Data From SFARMLS

Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

arket since shelter-in-place six months ago. For most parts of the Bay record prices. The housing market is behaving as if a pandemic never urban-to-suburban shift has caused inventory to pile up throughout the t decade.

and a dramatic 9.8 months of supply in August 2020. Homes are selling al estate market is highly driven by the tech industry, and the pandemic m home. This decrease in housing demand also drove down rent prices. elling when priced well. The San Francisco real estate market is trending

JAN 2020

ill. The market is unpredictable, but home prices will slowly recover as ease up. Living in San Francisco is a lifestyle, and the sooner the things recover. San Francisco is resilient, and I’m looking forward to the city

ket is changing fast, and this is a good time to reassess your real estate andemic, and I can do the same with you.

Š Skybox Realty Inc, 2020

3

Oracle Park E N TH CO A BE

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MISSION BAY SO UT H ST O W EN S ST

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Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

Table of Contents 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 Q3 Solds

44 - 45

Who You Work With Matters

46 - 47

© Skybox Realty Inc, 2020

5

Skybox Realty 2020 Q3 Report

All Data From SFARMLS

Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

Mission Bay 2020 Q3 # of Transactions

22

29% YOY /

47% QOQ

Average Sales Price

$1,386,995 6.9% YOY /

24% QOQ

Average Price per Square Foot

$1,334 3.5% YOY /

9.6% QOQ

Average Days on the Market

65

171% YOY /

38% QOQ

© Skybox Realty Inc, 2020

7

235 Berry

201 | $905,000 (1BR) $1077/sf 109 | $1,798,000 (3BR) $1199/sf

All Data From SFARMLS

OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

401 | $1,245,000 (2BR) $1164/sf

107 | $2,110,000 (3BR) $1052/sf

© Skybox Realty Inc, 2020

9

235 Berry

# of Transactions

2

---- YOY /

100% QOQ

Average Sales Price

$1,507,500 1.9% YOY /

100% QOQ

* Median Price $1,507,500

Price Per SF Q3

A VG $/ S F

MED I A N $/S F

$1,065/SF

Q2 Q1 Q4

$1,145/SF $1000

$1100

$1200

$1300

All Data From SFARMLS

235 Berry

Average $/SF

$1,065 16% YOY /

Average Days on Market

23

100% QOQ

Buyer Demographic

35% YOY /

CASH

N o Sa les in 2 0 2 0 Q1

N o S al e s i n 2020 Q 2

2 0 2 0 Q1

2020 Q 2

© Skybox Realty Inc, 2020

100% QOQ

LO A N

UN K N O WN

2020 Q 3

11

255 Berry

708 | $3,195,000 (2BR) $1312/sf 519 | $1,460,000 (2BR) $1123/sf 402 | $1,199,000 (2BR) $1182/sf

All Data From SFARMLS

OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

705 | $1,485,000 (2BR) $1159/sf

403 | $1,395,000 (2BR) $1081/sf 303 | $1,350,000 (2BR) $1047/sf 107 | $1,850,000 (4BR) $1084/sf

© Skybox Realty Inc, 2020

13

255 Berry

# of Transactions

2

100% YOY /

100% QOQ

Average Sales Price

$1,405,000 7.6% YOY /

12% QOQ

* Median Price $1,405,000

Price Per SF Q3

$1,123/SF

Q2

$1,169/SF

A VG $/ S F

MED I A N $/S F

Q1 Q4

$1,118/SF $950

$1050

$1150

$1250

All Data From SFARMLS

255 Berry

Average $/SF

$1,123 6.4% YOY /

Average Days on Market

36

3.4% QOQ

Buyer Demographic

29% YOY /

CASH

18% QOQ

LO A N

UN K N O WN

N o Sa les in 2 0 2 0 Q1

2 0 2 0 Q1

© Skybox Realty Inc, 2020

2020 Q 2

2020 Q 3

15

Arterra

1502 | $869,000 (1BR) $1194/sf 1411 | $1,268,000 (2BR) $1274/sf 1302 | $849,000 (1BR) $1166/sf 1107 | $935,000 (1BR) $1277/sf 1012 | $990,000 (1BR) $1224/sf

614 | $759,000 (1BR) $1143/sf

All Data From SFARMLS

OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

716 | $769,000 (1BR) $1155/sf

© Skybox Realty Inc, 2020

17

Arterra

# of Transactions

1

---- YOY /

50% QOQ

Average Sales Price

$990,000 29% YOY /

9.1% QOQ

* Median Price $990,000

Price Per SF Q3

$1,224/SF

Q2

$1,323/SF

Q1

$1,204/SF

Q4

$1,223/SF $950

A VG $/ S F

$1150

MED I A N $/S F

$1350

$1550

All Data From SFARMLS

300 Berry

Average $/SF

$1,224 10% YOY /

Average Days on Market

0

7.5% QOQ

Buyer Demographic

2 0 2 0 Q1

© Skybox Realty Inc, 2020

100% YOY /

CASH

2020 Q 2

100% QOQ

LO A N

UN K N O WN

2020 Q 3

19

Park Terrace

705 | $1,380,000 (2BR) $1059/sf

419 | $1,200,000 (1BR) $1247/sf

All Data From SFARMLS

OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

501 | $1,925,000 (2BR) $1359/sf

© Skybox Realty Inc, 2020

21

Park Terrace

# of Transactions

1

---- YOY / ---- QOQ

Average Sales Price

$1,380,000 18% YOY /

53% QOQ

* Median Price $1,380,000

Price Per SF Q3

$1,059/SF

Q2

$1,215/SF

Q1

$1,206/SF

A VG $/ S F

MED I A N $/S F

Q4 $1000

$1100

$1200

$1300

All Data From SFARMLS

325 Berry

Average $/SF

$1,059 21% YOY /

Average Days on Market

64

13% QOQ

Buyer Demographic

2 0 2 0 Q1

© Skybox Realty Inc, 2020

540% YOY /

CASH

2020 Q 2

100% QOQ

LO A N

UN K N O WN

2020 Q 3

23

The Beacon

903 | $1,060,000 (2BR) $824/sf 707 | $899,000 (1BR) $1003/sf 525 | $1,035,000 (2BR) $1057/sf

545 | $849,000 (1BR) $1147/sf

1504 | $669,000 (0BR) $1124/sf 1414 | $899,000 (1BR) $935/sf

952 | $2,089,000 (3BR) $853/sf 874 | $1,048,800 (2BR) $950/sf 780 | $1,199,000 (2BR) $1050/sf 648 | $798,000 (1BR) $1000/sf

All Data From SFARMLS

OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

1311 | $820,000 (1BR) $945/sf

913 | $739,000 (1BR) $908/sf 735 | $1,225,000 (2BR) $1020/sf 613 | $729,000 (1BR) $896/sf 535 | $1,200,000 (2BR) $976/sf 451 | $1,198,000 (2BR) $1117/sf

753 | $649,000 (1BR) $1167/sf 649 | $1,050,000 (2BR) $853/sf 553 | $680,000 (0BR) $1223/sf

960 | $875,000 (1BR) $963/sf

912 | $895,000 (1BR) $1008/sf

700 | $1,299,500 (2BR) $1066/sf

748 | $775,000 (1BR) $971/sf

© Skybox Realty Inc, 2020

25

The Beacon

# of Transactions

6

20% YOY / ---- QOQ

Average Sales Price

$1,194,833 14% YOY /

31% QOQ

* Median Price $1,130,000

Price Per SF Q3

$931/SF

Q2

$1,128/SF

Q1

$1,035/SF

Q4

$1,066/SF $850

A VG $/ S F

$950

MED I A N $/S F

$1050

$1150

All Data From SFARMLS

250 / 260 King

Average $/SF

$931 16% YOY /

Average Days on Market

82

17% QOQ

Buyer Demographic

2 0 2 0 Q1

© Skybox Realty Inc, 2020

290% YOY /

CASH

2020 Q 2

122% QOQ

LO A N

UN K N O WN

2020 Q 3

27

Madrone

1401 | $2,749,000 (3BR) $1431/sf 1106 | $1,880,000 (2BR) $1260/sf 917 | $1,355,000 (1BR) $1134/sf

603 | $1,080,000 (1BR) $1168/sf 521 | $1,598,000(2BR) $1269/sf

547 | $1,869,000 (2BR

313 | $1,550,000 (2BR) $1270/sf

All Data From SFARMLS

OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

1105 | $2,950,000 (3BR) $1536/sf 902 | $1,799,000 (2BR) $1366/sf

R) $1109/sf

715 | $1,073,500 (1BR) $1469/sf 602 | $1,849,000 (2BR) $1399/sf 544 | $1,730,000 (2BR) $1261/sf 335 | $1,449,000 (2BR) $1232/sf

© Skybox Realty Inc, 2020

29

Madrone

# of Transactions

3

100% YOY /

100% QOQ

Average Sales Price

$1,169,500 100% YOY /

100% QOQ

* Median Price $1,080,000

Price Per SF Q3

A VG $/ S F

MED I A N $/S F

$1,257/SF

Q2 Q1

$1,433/SF

Q4

$1,218/SF $1150

$1250

$1350

$1450

All Data From SFARMLS

420 / 480 Mission Bay, 435 China Basin

Average $/SF

$1,257 100% YOY /

Average Days on Market

96

100% QOQ

Buyer Demographic

100% YOY /

CASH

100% QOQ

LO A N

UN K N O WN

N o S al e s i n 2020 Q 2

2 0 2 0 Q1

© Skybox Realty Inc, 2020

2020 Q 2

2020 Q 3

31

Radiance

604 | $2,750,000 (2BR) $969/sf 407 | $1,548,000 (2BR) $1471/sf

All Data From SFARMLS

OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

901 | $1,195,000 (1BR) $1188/sf

116 | $1,675,000 (2BR) $1068/sf

© Skybox Realty Inc, 2020

33

Radiance

# of Transactions

0

100% YOY /

100% QOQ

Average Sales Price

----

100% YOY /

100% QOQ

* Median Price $2,000,000

Price Per SF

A VG $/ S F

MED I A N $/S F

Q3 Q2

$1,066/SF

Q1

$1,271/SF

Q4

$1,115/SF $1000

$1200

$1400

$1600

All Data From SFARMLS

330 Mission Bay, 325 China Basin

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 3

2 0 2 0 Q1

© Skybox Realty Inc, 2020

2020 Q 2

2020 Q 3

35

Arden

1507 | $2,275,000 (3BR) $1454/sf 1401 | $1,795,000 (2BR) $1474/sf 1203 | $2,645,000 (3BR) $1351/sf

713 | $1,772,500 (2BR) $1218/sf 514 | $2,995,000 (3BR) $1530/sf

206 | $2,075,000 (3BR) $1105/sf

All Data From SFARMLS

OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

1410 | $1,985,000 (2BR) $1435/sf

913 | $1,830,000 (2BR) $1257/sf

208 | $1,799,000 (2BR) $1154/sf 117 | $2,098,000 (3BR) $1428/sf

© Skybox Realty Inc, 2020

37

Arden

# of Transactions

4

100% YOY /

300% QOQ

Average Sales Price

$1,988,125 13% YOY /

38% QOQ

* Median Price $1,952,500

Price Per SF Q3

$1,259/SF

Q2

$1,131/SF

Q1

$1,348/SF

Q4

$1,385/SF $1100

A VG $/ S F

$1200

MED I A N $/S F

$1300

$1400

All Data From SFARMLS

708 / 718 Long Bridge

Average $/SF

$1,259 9.5% YOY /

Average Days on Market

63

11% QOQ

Buyer Demographic

2 0 2 0 Q1

© Skybox Realty Inc, 2020

163% YOY /

CASH

2020 Q 2

19% QOQ

LO A N

UN K N O WN

2020 Q 3

39

One Mission Bay Resales

1403 | $1,725,000 (2BR) $1535/sf

1106 | $1,950,000 (2BR) $1381/sf 910 | $1,048,888 (1BR) $1265/sf 814 | $1,498,000 (2BR) $1250/sf 706 | $1,399,000 (2BR) $1210/sf 611 | $1,575,000 (2BR) $1324/sf 511 | $1,950,000 (3BR) $1337/sf 411 | $995,000 (1BR) $1296/sf 314 | $1,325,000 (2BR) $1084/sf 316 | $1,550,000 (2BR) $1324/sf 104 | $1,499,000 (2BR) $1455/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

I N C O NT R A C T

1406 | $1,699,000 (2BR) $1333/sf 1204 | $1,695,000 (2BR) $1639/sf

913 | $1,298,000 (2BR) $1293/sf 821 | $1,590,000 (2BR) $1356/sf 614 | $1,415,000 (2BR) $1181/sf 528 | $1,078,000 (1BR) $1294/sf 402 | $859,000 (1BR) $1372/sf 312 | $839,000 (0BR) $1652/sf 318 | $1,075,000 (1BR) $1402/sf 102 | $1,050,000 (1BR) $1254/sf

© Skybox Realty Inc, 2020

41

One Mission Bay Resales

# of Transactions

3

50% YOY /

50% QOQ

Average Sales Price

$1,229,629 23% YOY /

30% QOQ

* Median Price $1,050,000

Price Per SF Q3

$1,292

Q2

$1,402/SF

Q1

$1,504/SF

Q4

$1,602/SF $1300

A VG $/ S F

$1400

MED I A N $/S F

$1500

$1600

All Data From SFARMLS

1000 3rd, 110 Channel

Average $/SF

$1,292 26% YOY /

Average Days on Market

52

7.9% QOQ

Buyer Demographic

2 0 2 0 Q2

© Skybox Realty Inc, 2020

117% YOY /

CASH

2020 Q 3

12% QOQ

LO A N

UN K N O WN

2020 Q 4

43

Skybox Realty 2020 Q3 Report

2020 Q3 Sales Address

BR / BA

SQFT

250 King 748

1/1

798

260 King 1311

1/1

868

235 Berry 201

1/1

840

300 Berry 1012

1/1

809

1000 3rd 910

1/1

829

1000 3rd 102

1/1

837

260 King 903

2/2

1,286

480 Mission Bay 715

1/1

731

420 Mission Bay 603

1 / 1.5

925

260 King 535

2/2

1230

260 King 735

2/2

1201

255 Berry 303

2/2

----

480 Mission Bay 917

1 / 1.5

1195

325 Berry 705

2/2

1303

255 Berry 519

2/2

1300

1000 3rd 821

2/2

1173

708 Long Bridge 713

2/2

1455

708 Long Bridge 913

2/2

1456

708 Long Bridge 206

3/3

1877

235 Berry 107

3/3

2,005

708 Long Bridge 1507

3/2

1,565

All Data From SFARMLS

Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

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

Sale Price

$/SF

% Sale/List

$775,000

$971.18

97.00

$820,000

$944.70

103.93

$905,000

$1,077.38

100.67

$990,000

$1,223.73

99.20

$1,048,888

$1,265.24

97.57

$1,050,000

$1,254.48

95.63

$1,060,000

$824.26

96.45

$1,073,500

$1,468.54

98.04

$1,080,000

$1,167.57

95.58

$1,200,000

$975.61

96.15

$1,225,000

$1,019.98

100.00

$1,350,000

----

94.08

$1,355,000

$1,133.89

97.56

$1,380,000

$1,059.09

95.17

$1,460,000

$1,123.08

98.05

$1,590,000

$1,355.50

98.15

$1,772,500

$1,218.21

98.75

$1,830,000

$1,256.87

96.37

$2,075,000

$1,105.49

99.52

$2,110,000

$1,052.47

96.13

$2,275,000

$1,453.67

94.87

Š Skybox Realty Inc, 2020

45

Skybox Realty 2020 Q3 Report

Vi Pavlicevich

Vi in Mission Bay (2015 - Present) # of Transactions

37+

Sold Volume

$57,449,270 All Data From SFARMLS

Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

*

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

Vi Pavlicevich 5-Year Fast Facts # of Transactions

130+ Sold Volume

$152,498,912 © Skybox Realty Inc, 2020

47

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Vi Pavlicevich Ranked #1 in Mission Bay 415.828.1114 | dre 01906246 vi@skyboxrealty.com