Condo Report South Beach & Yerba Buena 2022 Paul Hwang | Ranked #1 in South Beach 415.216.8746 | paul@skyboxrealty.com
Dear Neighbors,
It was a tale of two markets in 2022. The first half continued a record setting 2021 and the second began to taper with the uncertainty of rising interest rates, lower office occupancy rates, the war in Ukraine, and volatility in the equities markets.
Inverted yield curves predicting recession and inflation stymied buyer psychology at the end of 2022. Transactions slowed to a crawl, and inventory accumulated, resulting in an illiquid market. Condos sold right away or not at all. Upon closer examination of the data, aesthetically strong properties priced well and bargain priced properties sold. Owners and Residents turned to leasing as they shied away from purchasing, resulting in stronger year-over-year rents.
Our team produced significant value for clients as our sold listings outpaced the market by a large margin. In our established home of South Beach, we dominated with our second best year ever. In communities such as the Infinity, we represented 50%+ of all transactions. We are predicting a complicated and fluid 2023 market requiring consistent professional re-assessment. I’ve been through the cycle a few times; the S & L Crisis, the Dot-Com Bubble (late 90s) and the Great Recession (2007-2009). I can tell you with 100% certainty that the people who made out were the ones that invested in assets and created companies during these periods. Of course, being too early is the same as being wrong.
Now more than ever, it’s imperative to build the right plan and team for your needs. We look forward to being of service to you in 2023.
Best Regards, Paul Hwang, Ranked #1 in South Beach | 415.216.8746
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.
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Table of Contents
South Beach & Yerba Buena Market Snapshot
The Infinity
Lumina Resales
The Harrison Resales
One Rincon Hill
The Metropolitan Watermark
One Hawthorne
The Brannan
Millennium Tower
72 Townsend Portside
6 - 7 8 - 11 12 - 15 16 - 19 20 - 23 24 - 27 28 - 31 32 - 35 36 - 39 40 - 43 44 - 47 48 - 51
Skybox Realty 2022 Annual Report All Data From SFARMLS
Bridgeview Baycrest
The Towers 200 Brannan 2022 Q4 Sales 181 Fremont Mira
The Avery Four Seasons Residences
One Steuart Lane
Who You Work With Matters
52 - 55 56 - 59 60 - 63 64 - 67 68 - 69 70 - 71 72 - 73 74 - 75 76 - 77 78 - 79 80 - 81
©
5 Paul
|
|
Skybox Realty Inc, 2023
Hwang
415.216.8746
paul@skyboxrealty.com
Skybox Realty 2022 Annual Report All Data From SFARMLS
Snapshot # of Transactions 234 Average Price per Square Foot $1,185 Average Sales Price $1,377,381 Average Days on the Market 54 43% YOY 5.1% YOY .9% YOY 15% YOY * Does not include new construction. * Median Price $1,207,000
South Beach 2022
© Skybox Realty Inc, 2023 7 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com Yerba Buena 2022 Snapshot # of Transactions 61 Average Price per Square Foot $1,113 Average Sales Price $1,256,802 Average Days on the Market 69 40% YOY 31% YOY 8.2% YOY 1.5% YOY * Does not include new construction. * Median Price $1,005,000
All Data From SFARMLS The Infinity D21C | $1,525,000 (1BR) $1892/sf A8A | $2,149,000 (3BR) $1344/sf D12H | $1,412,500 (2BR) $1068/sf A4F | $849,000 (1BR) $1025/sf D6A | $1,200,000 (2BR) $1028/sf D40E | $2,075,000 (2BR) $1312/sf * * * * Listed/Sold by Paul (54%) D5J | $1,070,000 (1BR) $1048/sf D16G | $981,000 (1BR) $1216/sf D10E | $1,260,000 (2BR) $1099/sf D9E | $1,175,000 (2BR) $1024/sf D38F | $2,500,000 (2BR) $----/sf D30E | $1,729,000 (2BR) $1491/sf D16B | $2,288,000 (2BR) $1729/sf D35B | $3,180,000 (3BR) $1970/sf A5E | $981,000 (1BR) $1171/sf D36E | $2,320,000 (2BR) $1731/sf * * * * * * D35C | $3,510,000 (3BR) $2027/sf *
© Skybox Realty Inc, 2023 9 SOLD ACTIVE IN CONTRACT OFF MARKET C6H | $780,000 (1BR) $1373/sf B31F | $1,799,000 (2BR) $1360/sf B29F | $1,999,000 (2BR) $1518/sf B15CD | $4,000,000 (2BR) $1840/sf B32G | $2,450,000 (3BR) $1522/sf B15B | $1,799,000 (2BR) $1366/sf B28E | $2,595,000 (3BR) $1470/sf B24B | $2,150,000 (2BR) $1633/sf C6G | $875,000 (1BR) $1058/sf C4C | $899,000 (1BR) $1103/sf * * * * * * * B5C | $1,970,000 (2BR) $1124/sf B14F | $1,650,000 (2BR) $1262/sf * B27G | $1,135,000 (1BR) $1402/sf B35F | $1,925,000 (2BR) $1455/sf B23F | $1,900,000 (2BR) $1454/sf C9B | $2,199,000 (3BR) $1517/sf B29C | $2,999,000 (3BR) $1716/sf * B10C | $988,000 (1BR) $1221/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1500 $1400 $1300 $1200 AVG $/SF $1,495/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $1,312/SF 2021 2022 The Infinity $1,432/SF $1,329/SF 301 / 333 Main 318 / 338 Spear
© Skybox Realty Inc, 2023 11 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 24 33% YOY Average Sales Price $1,948,063 32% YOY Average $/SF $1,407 Average DOM 40 8.7% YOY 32% YOY * Median Price $1,912,500 $1407/SF $2366/SF $448/SF STANDARD DEVIATION = $319.69 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS Lumina
| $3,000,000
C7F |
D10E | $1,550,000
|
|
C6E | $1,899,000
$1165/sf D19H |
C4I | $1,325,000
D24B |
C6B | $1,525,000
D30C | $2,700,000
D8F | $1,567,000
D32E |
D10D |
D30B |
D30A
(2BR) $1908/sf
$895,000 (1BR) $973/sf
(2BR) $1122/sf D21E
$1,900,000 (2BR) $1375/sf D34C
$2,600,000 (2BR) $1744/sf
(2BR)
$1,170,000 (1BR) $1370/sf
(1BR) $1189/sf
$1,980,000 (2BR) $1681/sf
(2BR) $1273/sf
(2BR) $1811/sf
(2BR) $1327/sf
$2,680,000 (3BR) $1496/sf
$1,118,000 (1BR) $1281/sf
$5,795,000 (4BR) $2158/sf
© Skybox Realty Inc, 2023 13 SOLD ACTIVE IN CONTRACT OFF MARKET B5A | $1,758,000 (2BR) $1285/sf B40E | $3,250,000 (3BR) $1822/sf B3B | $1,315,000 (2BR) $1106/sf B7E | $1,350,000 (2BR) $988/sf B11D | $1,099,000 (1BR) $1254/sf A7A | $799,000 (1BR) $1202/sf B4A | $1,698,000 (2BR) $1241/sf A4C | $1,075,000 (1BR) $1030/sf A4B | $1,749,000 (2BR) $1251/sf A4I | $1,165,000 (1BR) $1165/sf B28D | $1,230,000 (1BR) $1404/sf B28E | $2,090,000 (2BR) $1530/sf B15A | $1,890,000 (2BR) $1382/sf B9F | $1,625,000 (2BR) $1364/sf B40D | $1,720,000 (1BR) $1770/sf A3E | $1,330,000 (1BR) $1211/sf B26E | $2,050,000 (2BR) $1501/sf B24G | $2,195,000 (2BR) $1567/sf B12F | $1,250,000 (2BR) $1050/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1500 $1300 $1100 $900 AVG $/SF $1,492/SF $1,340/SF $1,192/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $1,171/SF 2021 2022 Lumina 318 / 338 Main 333 Beale 201 Folsom
© Skybox Realty Inc, 2023 15 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 21 65% YOY Average Sales Price $1,673,143 12% YOY Average $/SF $1,346 Average DOM 66 2.8% YOY 6.3% YOY * Median Price $1,567,000 $1346/SF $2032/SF $661/SF STANDARD DEVIATION = $228.50 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS
The Harrison Resales * Listed/Sold by Skybox (64%)
© Skybox Realty Inc, 2023 17 SOLD ACTIVE IN CONTRACT OFF MARKET 12C | $1,699,000 (2BR) $1321/sf 16A | $980,000 (1BR) $1167/sf 10C | $1,550,000 (2BR) $1205/sf 17C | $1,755,000 (2BR) $1316/sf 36B | $2,050,000 (2BR) $1564/sf 24F | $1,265,000 (1BR) $1524/sf 24D | $2,100,000 (2BR) $1619/sf 14G | $1,115,000 (1BR) $1361/sf 5C | $1,490,000 (2BR) $1155/sf 10B | $1,538,000 (2BR) $1172/sf 8D | $805,000 (1BR) $1326/sf 39G | $1,255,000 (1BR) $---/sf 46B | $7,799,000 (3BR) $2427/sf 27A | $1,148,000 (1BR) $1367/sf * * * * * * *
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1450 $1350 $1250 $1150 AVG $/SF $1,218/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $1,167/SF 2021 2022 The Harrison Resales $1,437/SF 401 Harrison
© Skybox Realty Inc, 2023 19 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 11 48% YOY Average Sales Price $1,445,727 1.5% YOY Average $/SF $1,344 Average DOM 88 1.9% YOY 83% YOY * Median Price $1,490,000 $1344/SF $1866/SF $822/SF STANDARD DEVIATION = $174.14 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
One Rincon Hill
1002 | $1,495,000 (2BR) $1142/sf
301 | $1,495,000 (3BR) $934/sf
All
From SFARMLS
Data
6004 | $3,800,000 (2BR) $2423/sf 5902 | $2,995,000 (2BR) $1963/sf 4606 | $1,850,000 (2BR) $1494/sf
ACTIVE IN
3404 | $817,500 (1BR) $1351/sf 3003 | $2,700,000 (2BR) $1400/sf 1207 | $1,088,000 (1BR) $1328/sf
3101 | $1,850,000 (2BR) $1775/sf
MARKET 5202 | $2,900,000 (3BR) $1471/sf 3702 | $2,269,000 (2BR) $1733/sf 2501 | $1,200,000 (1BR) $1434/sf 1008 | $925,000 (1BR) $1225/sf
3206 | $1,650,000 (2BR) $1333/sf 805 | $845,000 (1BR) $1190/sf 307 | $830,000 (1BR) $922/sf
2306 | $1,625,000 (2BR) $1313/sf 1104 | $760,000 (1BR) $1256/sf
© Skybox Realty Inc, 2023 21
SOLD
CONTRACT OFF
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1850 $1650 $1450 $1250 AVG $/SF $1,854/SF $1,251/SF $1,453/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $1,333/SF 2021 2022 One Rincon Hill 425 1st 489 Harrison
© Skybox Realty Inc, 2023 23 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 13 46% YOY Average Sales Price $1,773,885 45% YOY Average $/SF $1,474 Average DOM 66 10% YOY 4.4% YOY * Median Price $1,625,000 $1474/SF $1910/SF $766/SF STANDARD DEVIATION = $382.19 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS The Metropolitan N1404 | $1,310,000 (2BR) $----/sf N1102 | $370,742 (1BR) bmr N1507 | $1,375,000 (2BR) $1447/sf N104 | $810,000 (1BR) $1189/sf N1806 | $1,655,000 (0BR) $1294/sf
© Skybox Realty Inc, 2023 25 SOLD ACTIVE IN CONTRACT OFF MARKET S907 | $1,198,000 (2BR) $1159/sf S1401 | $835,000 (1BR) $1237/sf S404 | $1,116,250 (2BR) $1080/sf S1107 | $1,225,000 (2BR) $1185/sf S1908 | $915,000 (1BR) $1340/sf S2704 | $2,190,000 (2BR) $1404/sf S502 | $1,225,000 (2BR) $1231/sf S2502 | $2,050,000 (2BR) $1385/sf S2802 | $2,125,000 (2BR) $1344/sf S2001 | $749,000 (1BR) $1097/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1400 $1300 $1200 $1100 AVG $/SF $1,276/SF $1,340/SF $1,237/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $1,132/SF 2021 2022 The Metropolitan 333 / 355 1st
© Skybox Realty Inc, 2023 27 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 12 57% YOY Average Sales Price $1,314,205 25% YOY Average $/SF $1,269 Average DOM 66 .79% YOY 18% YOY * Median Price $1,225,000 $1269/SF $1594/SF $944/SF STANDARD DEVIATION = $108.40 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS Watermark 7H| $1,425,000 (2BR) $1227/sf
© Skybox Realty Inc, 2023 29 SOLD ACTIVE IN CONTRACT OFF MARKET 18D | $1,800,000 (2BR) $1430/sf 10E | $875,000 (1BR) $1153/sf 21D | $1,799,000 (2BR) $1429/sf 9A | $1,650,000 (2BR) $1422/sf 17D | $1,750,000 (2BR) $1390/sf 4C | $1,500,000 (2BR) $1191/sf 15F | $1,033,343 (2BR) $1213/sf 7G | $1,225,000 (2BR) $1181/sf $1227/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1450 $1350 $1250 $1150 AVG $/SF $1,207/SF $1,191/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN 2021 2022 Watermark 501 Beale $1,430/SF
© Skybox Realty Inc, 2023 31 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 5 50% YOY Average Sales Price $1,396,669 17% YOY Average $/SF $1,249 Average DOM 50 4.3% YOY 48% YOY * Median Price $1,425,000 $1249/SF $1557/SF $940/SF STANDARD DEVIATION = $102.87 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS One Hawthorne 4F | $589,000 (1BR) $1205/sf 19C | $1,590,000 (2BR) $1211/sf
© Skybox Realty Inc, 2023 33 SOLD ACTIVE IN CONTRACT OFF MARKET 17F | $1,515,000 (2BR) $1097/sf 20E | $1,300,000 (2BR) $1046/sf 2J | $619,000 (1BR) $770/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1250 $1150 $1050 $950 AVG $/SF $908/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $1,097/SF 2021 2022 One Hawthorne $1,211/SF 1 Hawthorne
© Skybox Realty Inc, 2023 35 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 4 50% YOY Average Sales Price $1,256,000 1% YOY Average $/SF $1,031 Average DOM 95 10% YOY 6.9% YOY * Median Price $1,407,500 $1031/SF $1593/SF $469/SF STANDARD DEVIATION = $187.21 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS The Brannan 11A | $895,000 (1BR) $1108/sf 2F | $1,749,000 (2BR) $1323/sf 2J | $1,550,000 (3BR) $1004/sf 7D | $1,850,000 (2BR) $1560/sf 18J | $1,199,000 (2BR) $1416/sf 3A | $1,800,000 (2BR) $1211/sf 4G | $2,495,000 (3BR) $1481/sf 7J | $1,775,000 (2BR) $1117/sf 2J | $985,000 (1BR) $1149/sf 12E | $1,655,000 (2BR) $1564/sf 5D | $1,298,000 (2BR) $1112/sf
© Skybox Realty Inc, 2023 37 SOLD ACTIVE IN CONTRACT OFF MARKET 18G | $2,250,000 (2BR) $1484/sf 2D | $920,000 (2BR) $784/sf 3G | $980,000 (1BR) $1077/sf 11K | $1,750,000 (2BR) $1430/sf 2G | $2,110,000 (3BR) $1246/sf 1B | $985,000 (2BR) $1124/sf 3C | $1,230,000 (2BR) $931/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1500 $1300 $1100 $900 AVG $/SF $1,328/SF $1,487/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $941/SF 2021 2022 The Brannan $1,253/SF 219 / 229 / 239 Brannan
© Skybox Realty Inc, 2023 39 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 14 26% YOY Average Sales Price $1,621,357 14% YOY Average $/SF $1,258 Average DOM 39 7.4% YOY 34% YOY * Median Price $1,762,500 $1258/SF $1977/SF $539/SF STANDARD DEVIATION = $239.51 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
38C | $2,795,000 (2BR) $1288/sf
23D | $650,000 (1BR) $824/sf
406 | $1,350,000 (1BR) $827/sf
All Data From SFARMLS
Millennium Tower
PH5 | $3,550,000 (4BR) $1131/sf
54A | $2,725,000 (2BR) $1007/sf 52B | $5,795,000 (3BR) $1748/sf
47F | $1,498,888 (3BR) $1936/sf
42D | $2,500,000 (3BR) $1281/sf
40A | $950,000 (2BR) $626/sf
39B | $1,495,000 (2BR) $905/sf
38D | $1,910,000 (2BR) $978/sf
28A | $1,269,000 (2BR) $830/sf
23F | $1,500,000 (3BR) $751/sf 23A | $1,125,000 (2BR) $761/sf
21F | $1,995,000 (3BR) $1057/sf
9C | $1,498,000 (3BR) $946/sf
7G | $949,000 (2BR) $748/sf
5A | $1,300,000 (2BR) $879/sf
© Skybox Realty Inc, 2023 41
SOLD ACTIVE IN CONTRACT OFF MARKET SOLD
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1100 $1000 $900 $800 AVG $/SF $993/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $879/SF 2021 2022 Millennium Tower $804/SF 301 Mission
© Skybox Realty Inc, 2023 43 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 8 33% YOY Average Sales Price $1,713,750 43% YOY Average $/SF $870 Average DOM 35 13% YOY 72% YOY * Median Price $1,400,000 $870/SF $1360/SF $380/SF STANDARD DEVIATION = $163.19 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
807 | $1,749,000 (2BR) $1231/sf
408 | $1,150,000 (1BR) $1144/sf
902 | $2,825,000 (2BR) $1641/sf 308 | $975,000 (1BR) $1026/sf
All Data From SFARMLS 72 Townsend
© Skybox Realty Inc, 2023 45 SOLD ACTIVE IN CONTRACT OFF MARKET 307 | $730,000 (1BR) $1030/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1650 $1450 $1250 $1050 AVG $/SF $1,641/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN 2021 2022 72 Townsend $1,026/SF 72 Townsend $1,031/SF
© Skybox Realty Inc, 2023 47 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 3 25% YOY Average Sales Price $1,510,000 28% YOY Average $/SF $1,232 Average DOM 113 5.6% YOY 290% YOY * Median Price $975,000 $1232/SF $2293/SF $171/SF STANDARD DEVIATION = $353.67 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS Portside 520 | $1,198,000 (2BR) $1103/sf 620 | $1,195,000 (2BR) $1103/sf 516 | $858,000 (1BR) 605 | $775,000 (1BR) $1073/sf 208 | $549,000 (1BR) $1019/sf
© Skybox Realty Inc, 2023 49 SOLD ACTIVE IN CONTRACT OFF MARKET 519 | $915,000 (1BR) $1059/sf 604 | $510,000 (1BR) $1056/sf 906 | $700,000 (1BR) $1203/sf 604 | $1,199,000 (2BR) $1117/sf 409 | $770,000 (1BR) $946/sf (1BR) $995/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1200 $1100 $1000 $900 AVG $/SF $1,034/SF $946/SF $1,131/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $1,056/SF 2021 2022 Portside 403 Main 38 Bryant
© Skybox Realty Inc, 2023 51 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 6 60% YOY Average Sales Price $754,667 8.7% YOY Average $/SF $1,055 Average DOM 86 5.2% YOY 95% YOY * Median Price $772,500 $1055/SF $1315/SF 795/SF STANDARD DEVIATION = $86.76 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS Bridgeview 607 | $920,000 (2BR) $835/sf 313 | $715,000 (1BR) $806/sf 2106 | $1,214,000 (2BR) $999/sf 1313 | $750,000 (1BR) $862/sf 408 | $695,000 (1BR) $1001/sf 1207 | $950,000 (1BR) $862/sf 506 | $999,000 (2BR) $963/sf 803 | $1,100,000 (2BR) $1024/sf
© Skybox Realty Inc, 2023 53 SOLD ACTIVE IN CONTRACT OFF MARKET 1401 | $1,100,000 (2BR) $899/sf 702 | $387,450 (1BR) bmr 2201 | $1,330,000 (2BR) $1087/sf 2004 | $838,000 (1BR) $1007/sf 2104 | 780,000 (1BR) $938/sf 1802 | $785,000 (1BR) $1163/sf 512 | $935,000 (2BR) $871/sf 2407 | $1,495,000 (2BR) $1335/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1100 $1000 $900 $800 AVG $/SF $1,094/SF $916/SF $960/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $852/SF 2021 2022 Bridgeview 400 Beale
© Skybox Realty Inc, 2023 55 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 14 40% YOY Average Sales Price $971,929 ---- YOY Average $/SF $978 Average DOM 47 7.3% YOY 104% YOY * Median Price $927,500 $978/SF $1414/SF $542/SF STANDARD DEVIATION = $145.17 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS Baycrest 720 | $825,000 (1BR) $1035/sf 122 | $367,000 (0BR) $1058/sf 818 | $435,000 (1BR) $1019/sf 125 | $720,000 (1BR) $1452/sf 415 | $474,000 (0BR) $977/sf 218 | $450,000 (1BR) $1071/sf 1022 | $650,000 (0BR) $----/sf 1131 | $875,000 (2BR) $1189/sf 402 | $480,000 (0BR) 213 | $545,000 (1BR) 1029 | $480,000 (0BR) 501 | $485,000 (2BR) $1122/sf
© Skybox Realty Inc, 2023 57 SOLD ACTIVE IN CONTRACT OFF MARKET 500 | $495,000 (0BR) $1146/sf 110 | $649,000 (2BR) $828/sf 416 | $690,000 (1BR) $960/sf 1026 | $725,000 (1BR) $977/sf 209 | $870,000 (2BR) $1092/sf 711 | $715,000 (1BR) $1250/sf (0BR) $1111/sf (1BR) $828/sf (0BR) $1111/sf 300 | $730,000(1BR) $992/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1200 $1100 $1000 $900 AVG $/SF $1,188/SF $1,044/SF $1,074/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN 2021 2022 Baycrest 201 Harrison
© Skybox Realty Inc, 2023 59 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 16 ---- YOY Average Sales Price $591,625 15% YOY Average $/SF $1,060 Average DOM 57 7.6% YOY 21% YOY * Median Price $520,000 $1060/SF $1375/SF $745/SF STANDARD DEVIATION = $104.94 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS The Towers 1122 | $1,999,000 (3BR) $1416/sf 713 | $1,395,800 (2BR) $1072/sf 917 | $1,550,000 (2BR) $1245/sf 607 | $1,550,000 (2BR) $1330/sf 320 | $1,300,000 (2BR) $1161/sf 718 | $1,475,000 (2BR) $1322/sf
© Skybox Realty Inc, 2023 61 SOLD ACTIVE IN CONTRACT OFF MARKET 1117 | $1,535,000 (3BR) $1087/sf 615 | $1,098,000 (2BR) $974/sf 716 | $1,500,000 (2BR) $1222/sf 318 | $1,300,000 (2BR) $1165/sf 701 | $1,718,888 (2BR) $1303/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1300 $1200 $1100 $1000 AVG $/SF $1,263/SF $1,245/SF $1,242/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN $1,072/SF 2021 2022 The Towers 88 King
© Skybox Realty Inc, 2023 63 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 10 70% YOY Average Sales Price $1,532,369 7.9% YOY Average $/SF $1,232 Average DOM 26 5.7% YOY 14% YOY * Median Price $1,517,500 $1232/SF $1568/SF $896/SF STANDARD DEVIATION = $112.04 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
All Data From SFARMLS 200 Brannan 424 | $2,500,000 (2BR) $1289/sf 336 | $1,999,000 (2BR) $1000/sf 438 | $2,095,000 (3BR) $1035/sf 319 | $1,875,000 (2BR) $969/sf 225 | $820,000 (2BR) $1049/sf
© Skybox Realty Inc, 2023 65 SOLD ACTIVE IN CONTRACT OFF MARKET 101 | $999,000 (1BR) $943/sf 425 | $997,000 (1BR) $1021/sf 225 | $820,000 (1BR) $----/sf $1,540,000 (2BR) $1027/sf 506 | $1,375,000 (1BR) $1222/sf 419 | $1,945,000 (3BR) $1088/sf 306 | $1,490,000 (2BR) $977/sf 222 | $915000 (1BR) $1076/sf
All Data From SFARMLS Q4 Q3 Q2 Q1 Price Per SF MEDIAN $/SF $1200 $1100 $1000 $900 AVG $/SF $1,028/SF $1,094/SF $1,120/SF Buyer Demographic CASH BUYER LOAN BUYER UNKNOWN 2021 2022 200 Brannan 200 Brannan
© Skybox Realty Inc, 2023 67 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com # of Transactions 10 44% YOY Average Sales Price $1,555,200 16% YOY Average $/SF $1,078 Average DOM 49 .56% YOY 20% YOY * Median Price $1,515,000 $1078/SF $1388/SF $769/SF STANDARD DEVIATION = $103.30 2022 $/SF Distribution Listings Days on Market DIDN’T SELL SOLD > 45 DAYS SOLD < 45 DAYS 2021 2022
2022 Q4 Sales
Address
BR / BA
333 1st 1102 219 Brannan 11A 239 Brannan 2D 401 Harrison 16A 318 Main 4C 355 1st 404 355 1st 1107 239 Brannan 3C 201 Folsom 7E 1 Hawthorne 17F 425 1st 3206 501 Beale 18D 338 Spear 40E 338 Main 32E 403 Main 604N 400 Beale 607 400 Beale 512 301 Mission 40A 72 Townsend 308 88 King 713 301 Mission PH5
1 / 1 1 / 1.5 2 / 2 1 / 1 1 / 1.5 2 / 2 2 / 2 2 / 2 2 / 2 2 / 2 2 / 2 2 / 2 2 / 2 3 / 3 1 / 1 2 / 2 2 / 2 2 / 2 1 / 1.5 2 / 2 4 / 3
SQFT 713 808 1,173 840 1,044 1,034 1,034 1,321 1,366 1,381 1,238 1,259 1,582 1,791 483 1,102 1,075 1,517 950 1,302 3,139
Skybox Realty 2022 Annual Report All Data From SFARMLS
* Only showing sold homes in buildings featured in this book. D oes not include new construction.
Sale Price
$370,742 $895,000 $920,000 $980,000 $1,075,000 $1,116,250 $1,225,000 $1,230,000 $1,350,000 $1,515,000 $1,650,000 $1,800,000 $2,075,000 $2,680,000 $510,000 $920,000 $935,000 $950,000 $975,000 $1,395,800 $3,550,000
$/SF bmr
$1,107.67 $784.31 $1,166.67 $1,029.69 $1,079.55 $1,184.72 $931.11 $988.29 $1,097.03 $1,332.79 $1,429.71 $1,311.63 $1,496.37 $1,555.90 $834.85 $869.77 $626.24 $1,026.32 $1,072.04 $1,130.93
% Sale/List 100.00 95.21 102.22 98.10 97.82 95.00 102.35 102.67 98.18 101.34 91.92 94.99 96.51 95.71 92.90 100.00 100.00 86.76 98.60 94.63 98.75
© Skybox Realty Inc, 2023 69 Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
All Data From SFARMLS 181 Fremont Architect Heller Manus # in Contract / Sold 48+ # of Units 67 Monthly Absorption 1 Unit
© Skybox Realty Inc, 2023 71 SOLD ACTIVE IN CONTRACT
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54E
$1,700,000 (1BR) $2179/sf 62D
$3,438,000 (2BR) $2188/sf 60A
$4,000,000 (3BR) $2028/sf 67B
$7,950,000 (3BR) $3225/sf 67C
$5,400,000 (2BR) $3089/sf 62A
$4,200,000 (3BR) $2194/sf
Skybox Realty 2022 Annual Report All Data From SFARMLS Mira Architect Studio Gang # in Contract / Sold 332+ # of Units 392 Monthly Absorption 6.5 Units
© Skybox Realty Inc, 2023 73
Hwang | 415.216.8746 | paul@skyboxrealty.com
Paul
Skybox Realty 2022 Annual Report All Data From SFARMLS The Avery Architect OMA # in Contract / Sold 64+ # of Units 118 Monthly Absorption 1.1 Units
© Skybox Realty Inc, 2023 75
| 415.216.8746 | paul@skyboxrealty.com
Paul Hwang
Skybox Realty 2022 Annual Report All Data From SFARMLS Four Seasons Residences Architect Handel # in Contract / Sold 42+ # of Units 146 Monthly Absorption 1.1 Units
© Skybox Realty Inc, 2023 77
Hwang | 415.216.8746 | paul@skyboxrealty.com
Paul
Skybox Realty 2022 Annual Report All Data From SFARMLS One Steuart Lane Architect SOM # of Stories 20 # of Units 120 # Sold 40+
© Skybox Realty Inc, 2023 79
Hwang | 415.216.8746 | paul@skyboxrealty.com
Paul
Skybox Realty 2022 Annual Report All Data From SFARMLS Paul Hwang # of Transactions 84+ Sold Volume $158,714,418 Paul Hwang Activity (2021 - 2022)
© Skybox Realty Inc, 2023 81 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 Quarterly Reports! * Average Sales Price $1,889,457 # of Leased Units 96+
Paul Hwang Ranked #1 in South Beach 415.216.8746 | dre 01371169 paul@skyboxrealty.com 流利國語 Click here to subscribe to our digital monthly market updates and quarterly reports.