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
Ch in a Ba sin Pa rk
Caltrain BE
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5 23 RRY BE
ONE BAY MISSION
5 25 RRY BE
0 30 RRY BE
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LVD IS B
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3R D ST
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4T H ST
5 32 RRY BE
M
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MISSION BAY SO UT H ST O W EN S ST
UCSF Mission Bay
The Chase Center
I 280
16 TH ST
TE NN ES S
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 | 415.828.114 | 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