2023 / South Beach & Yerba Buena Annual Condo Report

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

South Beach & Yerba Buena

Condo Report 2023

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

© Skybox Realty Inc, 2024

1

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Dear Neighbors, Adios 2023 & Aloha 2024!

Condo sales declined 25% YOY in 2023 in South Beach & Yerba Buena, with only well priced units selling at an avg of $1,099/sf in South Beach and $1,063/sf in Yerba Buena. Although Lumina & Millennium Tower saw an increase in sales YOY, the majority of condo complexes experienced lower year over year sales. This was due to a confluence of negative factors; Tech / Finance layoffs, a 30%+ office vacancy rate, an almost tripling of mortgage rates to 7.5%+, retail exodus, and negative local / national press.

So what’s next for SF condos, have we bottomed? I think it’s important to note that 2024 is an election year, and typically interest rates go down and equities go up in election years, which is good for SF condo sales. Conditions should improve, but demand may remain stagnant as buyers wait to see how things change throughout the year. AI companies have gravitated to San Francisco and many companies are calling for a return to office work, but I think it will take multiple years for office vacancy to be absorbed. Taking all the factors into account and the fact that prices have corrected to bargain levels, I think sales will remain flat for 2024.

Rents have been strong, but I see them possibly declining slightly in 2024. Opportunities exist for sharp investors to capitalize on low prices. Now more than ever it is imperative to build the best real estate team you can. We have been here since the beginning, are on the ground every day, and are ready to assist you in all your real estate needs.

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.

3

Skybox Realty 2023 Annual Report

Table of Contents

South Beach & Yerba Buena 2023 Snapshot

6-7

Historical Data

8-9

The Infinity

10 - 13

Lumina Resales

14 - 17

The Harrison Resales

18 - 21

One Rincon Hill

22 - 25

The Metropolitan

26 - 29

Watermark

30 - 33

One Hawthorne

34 - 37

The Brannan

38 - 41

Millennium Tower

42 - 45

72 Townsend

46 - 49

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Portside

50 - 53

Bridgeview

54 - 57

Baycrest

58 - 61

The Towers

62 - 65

200 Brannan

66 - 69

2023 Q4 Sales

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

© Skybox Realty Inc, 2024

5

Skybox Realty 2023 Annual Report

South Beach 2023 Snapshot * Does not include new construction.

# of Transactions

162 31% YOY

Average Sales Price

$1,388,297 .79% YOY

* Median Price $1,175,000

Average Price per Square Foot

$1,099 7.3% YOY

Average Days on the Market

71

31% YOY

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Yerba Buena 2023 Snapshot * Does not include new construction.

# of Transactions

59

3.3% YOY Average Sales Price

$1,387,797 10% YOY

* Median Price $865,000

Average Price per Square Foot

$1,063 4.5% YOY

Average Days on the Market

99

43% YOY

© Skybox Realty Inc, 2024

7

Skybox Realty 2023 Annual Report

Historical Data * Includes new construction marketed on MLS.

# of Transactions

S O U TH B E ACH

YERB A B UEN A

150 125 100 75 50 25 2013

2015

2017

Average Sales Price

2019

2021

S O U TH B E ACH

2023

YERB A B UEN A

$3M $2.6M $2.2M $1.8M $1.4M $1M 2013

2015

2017

2019

2021

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Average $/SF

S O U TH B E ACH

YERB A B UEN A

$1.5K $1.4K $1.3K $1.2K $1.1K $1K 2013

2015

2017

Average DOM

2019

S O U TH B E ACH

2021

2023

YERB A B UEN A

120 100 80 60 40 20 2013

2015

2017

© Skybox Realty Inc, 2024

2019

2021

2023

9

The Infinity * Listed/Sold by Skybox

(55%)

* D22A | $1,330,000 (2BR) $1140/sf D18B | $1,800,000 (2BR) $1361/sf

D11F | $1,180,000 (2BR) $895/sf

A8E | $860,000 (1BR) $1067/sf

A8A | $1,775,000 (3BR) $1110/sf * A6K | $900,000 (1BR) $1082/sf

* D3C | $820,000 (1BR) $1026/sf * D3B | $1,150,000 (2BR) $861/sf

A3B | $1,300,000 (2BR) $939/sf

*

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

B31F | $1,510,000 (2BR) $1141/sf B29B | $2,850,000 (3BR) $1748/sf * B28E | $2,440,000 (3BR) $1383/sf * B26C | $1,100,000 (1BR) $1360/sf *

B21F | $1,399,000 (2BR) $1070/sf *

B17E | $1,150,000 (2BR) $975/sf B15B | $1,650,000 (2BR) $1253/sf B15E | $1,265,000 (2BR) $1072/sf

B10C | $888,000 (1BR) $1098/sf

C7C | $825,000 (1BR) $1012/sf C6F | $830,000 (1BR) $1004/sf C4C | $825,000 (1BR) $1012/sf

© Skybox Realty Inc, 2024

* *

*

B3B | $1,500,000 (2BR) $823/sf

11

The Infinity 301 / 333 Main 318 / 338 Spear

Price Per SF Q4

$1,142/SF

Q3

$1,173/SF

Q2

$1,095/SF

Q1

$1,098/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1 100

$1200

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

20 17% YOY

Average DOM

59 48% YOY

Average $/SF

$1,130 20% YOY

Average Sales Price

$1,351,100 30% YOY

2023 $/SF Distribution

$ 5 1 0 / SF

* Median Price $1,222,500

S T A N D A R D D EV I A TI O N = $206.53

$1130/SF

$1750/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

13

Lumina

D34C | $2,325,000 (2BR) $1559/sf D34A | $2,275,000 (2BR) $1447/sf

D30B | $5,450,000 (4BR) $2030/sf D30A | $2,850,000 (2BR) $1813/sf

D22G | $1,790,000 (2BR) $1278/sf D21A | $1,875,000 (2BR) $1360/sf

D18C | $2,085,000 (2BR) $1486/sf

C7C | $920,000 (1BR) $1004/sf C6J | $1,150,000 (1BR) $1028/sf D5F | $1,369,000 (2BR) $1159/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

B42AB | $4,200,000 (2BR) $1696/sf B40E | $3,000,000 (3BR) $1682/sf

B36C | $2,050,000 (2BR) $1371/sf

B33B | $4,900,000 (3BR) $1826/sf

B29C | $2,148,000 (2BR) $1437/sf

B24C | $1,880,000 (2BR) $1340/sf

B19E | $1,825,000 (2BR) $1336/sf

B12F | $1,275,000 (2BR) $1071/sf B11D | $1,050,000 (1BR) $1199/sf

A7D | $1,175,000 (1BR) $1241/sf A6C | $1,140,000 (1BR) $1092/sf A4B | $1,500,000 (2BR) $1073/sf A3F | $2,395,000 (2BR) $1210/sf

© Skybox Realty Inc, 2024

A8C | $1,225,000 (1BR) $1387/sf

B5A | $1,450,000 (2BR) $1060/sf

15

Lumina 318 / 338 Main 333 Beale 201 Folsom

Price Per SF Q4

$1,366/SF

Q3

$1,284/SF

Q2

$1,515/SF

Q1

$1,060/SF $900

A VG $/ S F

$1100

MED I A N $/S F

$1 300

$1500

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

16 24% YOY

Average DOM

132 100% YOY

Average $/SF

$1,358 .89% YOY

Average Sales Price

$2,187,188 31% YOY

2023 $/SF Distribution

$ 5 0 2 / SF

* Median Price $1,965,000

S T A N D A R D D EV I A TI O N = $285.19

$1358/SF

$2214/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

17

The Harrison Resales * Indicates Remaining Developer Inventory

46B | $7,799,000 (2BR) $2426/sf

32G | $1,000,000 (1BR) $1319/sf *

11E | $860,000 (1BR) $1216/sf 10E | $860,000 (1BR) $1216/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

46C | $2,225,000 (2BR) $1400/sf *

40D | $2,430,000 (2BR) $1941/sf * 39E | $2,403,300 (2BR) $1853/sf *

35C | $2,128,000 (2BR) $1595/sf 32C | $1,960,000 (2BR) $1469/sf * 31C | $2,399,000 (2BR) $1798/sf 28A | $900,000 (1BR) $1071/sf 27A | $1,000,000 (2BR) $1190/sf 26B | $1,699,000 (2BR) $1296/sf 25B | $1,700,000 (2BR) $1297/sf 23E | $1,830,000 (2BR) $1475/sf 20C | $1,675,000 (2BR) $1256/sf 19C | $1,685,000 (2BR) $1263/sf 15B | $1,498,000 (2BR) $1142/sf 12C | $1,600,000 (2BR) $1244/sf 11F | $1,501,000 (2BR) $1185/sf 10D | $799,000 (1BR) $1316/sf

© Skybox Realty Inc, 2024

19

The Harrison Resales 401 Harrison

Price Per SF Q4

$1,444/SF

Q3

$1,216/SF

Q2

$1,245/SF

Q1

$1,190/SF $1150

A VG $/ S F

$1250

MED I A N $/S F

$1 350

$1450

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

9

18% YOY

Average DOM

68 23% YOY

Average $/SF

$1,302 3.1% YOY

Average Sales Price

$1,533,222 6.1% YOY

2023 $/SF Distribution

$ 8 8 3 / SF

* Median Price $1,675,000

S T A N D A R D D EV I A TI O N = $139.79

$1302/SF

$1721/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

21

One Rincon Hill

4307 | $1,150,000 (1BR) $1404/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

5402 | $3,288,000 (2BR) $2269/sf 5303 | $2,399,000 (2BR) $1244/sf 5103 | $1,850,000 (2BR) $1393/sf

4306 | $1,695,000 (2BR) $1369/sf

3304 | $735,000 (1BR) $1215/sf

2903 | $2,175,000 (3BR) $1128/sf 2806 | $1,910,000 (2BR) $1404/sf 2708 | $1,198,000 (1BR) $1587/sf 2607 | $1,125,000 (1BR) $1374/sf

802 | $1,050,000 (2BR) $802/sf

© Skybox Realty Inc, 2024

23

One Rincon Hill 425 1st 489 Harrison

Price Per SF Q4

$1,194/SF

Q3

$1,215/SF

Q2

$1,128/SF

Q1

$1,506/SF $900

A VG $/ S F

$1100

MED I A N $/S F

$1 300

$1500

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

6

54% YOY

Average DOM

45 32% YOY

Average $/SF

$1,238 16% YOY

Average Sales Price

$1,357,500 23% YOY

2023 $/SF Distribution

$ 4 7 9 / SF

* Median Price $1,137,500

S T A N D A R D D EV I A TI O N = $252.91

$1238/SF

$1997/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

25

The Metropolitan

N1401 | $1,100,000 (2BR) $1148/sf N1201| $1,080,000 (2BR) $1127/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

S2204 | $950,000 (1BR) $1195/sf S2102 | $2,050,000 (2BR) $1384/sf

S1503 | $960,000 (1BR) $1208/sf S1402 | $1,115,000 (2BR) $1121/sf S910 | $779,000 (1BR) $1154/sf S907 | $1,135,000 (2BR) $1098/sf S806 | $725,000 (1BR) $1049/sf S505 | $695,000 (1BR) $1006/sf S205 | $635,000 (1BR) $944/sf

© Skybox Realty Inc, 2024

27

The Metropolitan 333 / 355 1st

Price Per SF Q4

$1,121/SF

Q3

$1,179/SF

Q2

$1,135/SF

Q1

$944/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1 100

$1200

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

10 17% YOY

Average DOM

46 30% YOY

Average $/SF

$1,128 11% YOY

Average Sales Price

$1,044,500 21% YOY

2023 $/SF Distribution

$ 7 5 6 / SF

* Median Price $1,020,000

S T A N D A R D D EV I A TI O N = $121.57

$1128/SF

$1493/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

29

Watermark

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

PH2B | $1,499,000 (2BR) $1471/sf

17D | $1,525,000 (2BR) $1211/sf 16E | $775,000 (2BR) $1021/sf

11A | $1,695,000 (2BR) $1461/sf 10A | $1,488,000 (2BR) $1283/sf 9A | $1,415,000 (2BR) $1106/sf

© Skybox Realty Inc, 2024

31

Watermark 501 Beale

Price Per SF

A VG $/ S F

MED I A N $/S F

Q4 Q3

$1,106/SF

Q2

$1,211/SF

Q1 $1000

$1100

$1 200

$1300

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

2

60% YOY

Average DOM

331 562% YOY

Average $/SF

$1,159 7.3% YOY

Average Sales Price

$1,470,000 5.3% YOY

2023 $/SF Distribution

$ 9 3 6 / SF

* Median Price $1,470,000

S TA N D A R D D EV I A TI O N = $74.44

$1159/SF

$1382/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

33

One Hawthorne

4F | $575,000 (1BR) $1176/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

22F | $1,600,000 (2BR) $1155/sf

10C | $1,259,000 (2BR) $960/sf 7D | $750,000 (1BR) $882/sf

2H | $1,299,000 (2BR) $943/sf

© Skybox Realty Inc, 2024

35

One Hawthorne 1 Hawthorne

Price Per SF

A VG $/ S F

MED I A N $/S F

Q4 Q3 Q2

$882/SF

Q1

$1,166/SF $900

$1000

$1 100

$1200

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

3

25% YOY

Average DOM

99

4.2% YOY

Average $/SF

$1,071 3.9% YOY

Average Sales Price

$975,000 22% YOY

2023 $/SF Distribution

$ 5 8 0 / SF

* Median Price $750,000

S T A N D A R D D EV I A TI O N = $163.83

$1071/SF

$1562/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

37

The Brannan 18D | $2,875,000 (3BR) $1434/sf 16H | $1,781,600 (2BR) $1615/sf

8B | $699,000 (1BR) $951/sf

5D | $1,235,000 (2BR) $1058/sf 4J | $1,095,000 (2BR) $960/sf 2F | $1,775,000 (2BR) $1343/sf 1D | $750,000 (1BR) $887/sf

15D | $2,199,000 (2BR) $1864/sf

9G | $1,525,000 (2BR) $1005/sf

5E | $1,225,000 (2BR) $1152/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

16C | $1,598,000 (2BR) $1210/sf 15G | $1,825,000 (2BR) $1178/sf

10G | $1,695,000 (2BR) $1118/sf 8C | $1,625,000 (2BR) $1230/sf

3G | $900,000 (1BR) $989/sf

© Skybox Realty Inc, 2024

39

The Brannan 219 / 229 / 239 Brannan

Price Per SF Q4

$978/SF

Q3

$1,306/SF

Q2

$1,199/SF

Q1

$1,184/SF $900

A VG $/ S F

$1100

MED I A N $/S F

$1 300

$1500

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

12 14% YOY

Average DOM

73 87% YOY

Average $/SF

$1,150 8.6% YOY

Average Sales Price

$1,442,550 11% YOY

2023 $/SF Distribution

$ 4 8 5 / SF

* Median Price $1,380,000

S T A N D A R D D EV I A TI O N = $221.73

$1150/SF

$1815/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

41

Millennium Tower PH1 | $1,659,000 (2BR) $849/sf

54C | $4,000,000 (2BR) $1419/sf

50B | $7,250,000 (2BR) $2187/sf

33C | $1,975,000 (3BR) $910/sf

20D | $587,000 (1BR) $866/sf

805 | $1,500,000 (2BR) $867/sf

9D | $575,000 (1BR) $847/sf

304 | $1,295,000 (2BR) $1011/sf

All Data From SFARMLS

OFF MAR KET

SO SOL LD

ACTI V E

IN CONTRACT

GPA | $14,000,000 (2BR) $2795/sf PHD | $4,995,000 (2BR) $2240/sf

54B | $7,750,000 (2BR) $2338/sf

50A | $3,850,000 (2BR) $1423/sf 48A | $1,200,000 (2BR) $784/sf 45C | $2,249,000 (2BR) $1404/sf 43A | $1,050,000 (2BR) $692/sf 42D | $2,200,000 (3BR) $1127/sf 40E | $1,750,000 (2BR) $1021/sf 39B | $1,395,000 (2BR) $844/sf 38C | $2,200,000 (2BR) $1014/sf 37C | $2,000,000 (2BR) $922/sf

33E | $2,395,000 (2BR) $1397/sf

28A | $1,279,000 (2BR) $843/sf 27B | $1,200,000 (2BR) $726/sf

22C | $650,000 (1BR) $780/sf 21F | $1,990,000 (3BR) $1055/sf 20H | $558,000 (1BR) $838/sf 18E | $1,200,000 (2BR) $1093/sf

14B | $589,000 (1BR) $882/sf

8J | $985,000 (2BR) $816/sf 5G | $930,000 (2BR) $733/sf 3F | $1,685,000 (1BR) $913/sf

© Skybox Realty Inc, 2024

43

Millennium Tower 301 Mission

Price Per SF Q4

$808/SF

Q3

$985/SF

Q2

$982/SF

Q1

$1,222/SF $700

A VG $/ S F

$900

MED I A N $/S F

$1 100

$1300

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

17

113% YOY

Average DOM

166 374% YOY

Average $/SF

$988 14% YOY

Average Sales Price

$1,869,059 9.1% YOY

2023 $/SF Distribution

$-182/SF

* Median Price $1,395,000

S T A N D A R D D EV I A TI O N = $389.89

$988/SF

$2158/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

45

72 Townsend

807 | $1,495,000 (2BR) $1225/sf

606 | $1,380,000 (2BR) $1266/sf

408 | $955,500 (1BR) $951/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

603 | $998,000 (1BR) $1271/sf

© Skybox Realty Inc, 2024

47

72 Townsend 72 Townsend

Price Per SF

A VG $/ S F

MED I A N $/S F

Q4 Q3

$1,108/SF

Q2 Q1 $1000

$1100

$1 200

$1300

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

2

33% YOY

Average DOM

21 81% YOY

Average $/SF

$1,108 10% YOY

Average Sales Price

$1,167,750 23% YOY

2023 $/SF Distribution

$ 4 3 9 / SF

* Median Price $1,167,750

S T A N D A R D D EV I A TI O N = $222.96

$1108/SF

$1777/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

49

Portside

620 | $1,100,000 (2BR) $1016/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

803 | $1,275,000 (3BR) $938/sf

512 | $879,000 (2BR) $803/sf

208 | $515,000 (1BR) $955/sf 116 | $799,000 (1BR) $898/sf

303 | $660,000 (1BR) $908/sf

© Skybox Realty Inc, 2024

51

Portside 403 Main 38 Bryant

Price Per SF Q4

$803/SF

Q3

$1,016/SF

A VG $/ S F

MED I A N $/S F

Q2 Q1

$934/SF $800

$900

$1 000

$1100

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

5

17% YOY

Average DOM

93

8.1% YOY

Average $/SF

$924 12% YOY

Average Sales Price

$885,800 17% YOY

2023 $/SF Distribution

$ 7 1 4 / SF

* Median Price $879,000

S TA N D A R D D EV I A TI O N = $70.05

$924/SF

$1134/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

53

Bridgeview

714 | $1,375,000 (3BR) $960/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

2205 | $900,000 (1BR) $1087/sf 2103 | $1,400,000 (2BR) $1304/sf

1807 | $1,230,000 (2BR) $1057/sf 1806 | $1,225,000 (2BR) $1008/sf

1413 | $775,000 (1BR) $907/sf 1303 | $980,000 (2BR) $912/sf 1214 | $1,425,000 (3BR) $994/sf

702 | $358,000 (1BR) bmr 612 | $899,000 (2BR) $836/sf

© Skybox Realty Inc, 2024

55

Bridgeview 400 Beale

Price Per SF Q4

$907/SF

Q3

$1,000/SF

Q2

$1,132/SF

A VG $/ S F

MED I A N $/S F

Q1 $850

$950

$1 050

$1150

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

5

64% YOY

Average DOM

40 15% YOY

Average $/SF

$1,034 5.7% YOY

Average Sales Price

$1,086,000 12% YOY

2023 $/SF Distribution

$ 5 3 3 / SF

* Median Price $980,000

S T A N D A R D D EV I A TI O N = $167.16

$1034/SF

$1535/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

57

Baycrest

905 | $615,000 (1BR) $1131/sf 912 | $435,000 (0BR) $1019/sf

219 | $475,000 (1BR) $958/sf 214 | $600,000 (1BR) $834/sf 110 | $599,000 (2BR) $764/sf

212 | $380,000 (0

All Data From SFARMLS

OFF MAR KET

0BR) $905/sf

SOL D

ACTI V E

IN CONTRACT

919 | $610,000 (1BR) $1121/sf 813 | $755,000 (2BR) $1026/sf 710 | $819,000 (2BR) $1028/sf

425 | $535,000 (1BR) $935/sf 310 | $800,000 (2BR) $1004/sf 201 | $410,000 (0BR) $949/sf 130 | $585,000 (1BR) $826/sf

© Skybox Realty Inc, 2024

59

Baycrest 201 Harrison

Price Per SF Q4

$1,013/SF

Q3

$1,031/SF

Q2

$907/SF

Q1

$935/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1 100

$1200

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

10 37% YOY

Average DOM

53

7.1% YOY

Average $/SF

$968 8.7% YOY

Average Sales Price

$544,500 8% YOY

2023 $/SF Distribution

$ 6 5 6 / SF

* Median Price $560,000

S T A N D A R D D EV I A TI O N = $103.93

$968/SF

$1280/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

61

The Towers

919 | $1,200,000 (2BR) $973/sf

604 | $1,195,000 (2BR) $1044/sf

124 | $1,169,000 (2BR) $858/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

1307 | $1,600,000 (2BR) $1373/sf 1119 | $1,230,000 (2BR) $1103/sf 1009 | $1,400,000 (2BR) $1120/sf

112 | $1,180,000 (2BR) $843/sf 125 | $1,175,000 (2BR) $936/sf

© Skybox Realty Inc, 2024

63

The Towers 88 King

Price Per SF Q4

$1,287/SF

Q3

$879/SF

Q2

$1,038/SF

A VG $/ S F

MED I A N $/S F

Q1 $1000

$1100

$1 200

$1300

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

7

30% YOY

Average DOM

77

196% YOY

Average $/SF

$1,041 16% YOY

Average Sales Price

$1,279,143 17% YOY

2023 $/SF Distribution

$ 4 6 6 / SF

* Median Price $1,200,000

S T A N D A R D D EV I A TI O N = $191.82

$1041/SF

$1616/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

65

200 Brannan

421 | $1,795,000 (2BR) $964/sf

245 | $1,375,000 (1BR) $903/sf 121 | $925,000 (1BR) $1049/sf 141 | $1,499,580 (2BR) $930/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

335 | $1,650,000 (2BR) $904/sf 336 | $1,950,000 (2BR) $975/sf 201 | $1,050,000 (1BR) $912/sf 101 | $999,000 (1BR) $849sf

© Skybox Realty Inc, 2024

67

200 Brannan 200 Brannan

Price Per SF Q4

$904/SF

Q3

$903/SF

Q2

$950/SF

Q1

$849/SF $800

A VG $/ S F

$900

MED I A N $/S F

$1 000

$1100

Buyer Demographic

CA S H B UYER LO A N B UYER UN K N O WN

2022

2023

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

# of Transactions

6

40% YOY

Average DOM

85 73% YOY

Average $/SF

$918 15% YOY

Average Sales Price

$1,453,167 6.6% YOY

2023 $/SF Distribution

$ 7 8 0 / SF

* Median Price $1,512,500

S TA N D A R D D EV I A TI O N = $45.89

$918/SF

$1056/S F

Listings Days on Market

D I D N ’T S ELL S O LD > 45 D A YS S O LD < 45 D A YS

2022

2023

© Skybox Realty Inc, 2024

69

Skybox Realty 2023 Annual Report

2023 Q4 Sales Address

BR / BA

SQFT

219 Brannan 8B 355 1st S1402 425 1st 2607 318 Main 6C 425 1st 4307 301 Main 17E 301 Main 21F 229 Brannan 9G 401 Harrison 19C 401 Harrison 23E 401 Harrison 35C 338 Main 34A 338 Main 34C 301 Main 28E 201 Harrison 212 301 Mission 20H 201 Harrison 919 301 Mission 22C 400 Beale 1413 403 Main 512N 301 Mission 27B 301 Mission 48A 88 King 1009 88 KIng 1307 200 Brannan 335 301 Mission 33C

1/1 2/2 1/1 1/1 1/1 2/2 2/2 2/2 2/2 2/2 2/2 2/2 2/2 3/3 0/1 1/1 1/1 1/1 1/1 2/2 2 / 2.5 2/2 2/2 2/2 2/2 3 / 3.5

735 995 819 1,044 819 1,180 1,307 1,517 1,334 1,241 1,334 1,572 1,491 1,765 420 666 544 833 854 1,094 1,652 1,530 1,167 1,165 1,825 2,170

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

$699,000 $1,115,000 $1,125,000 $1,140,000 $1,150,000 $1,150,000 $1,399,000 $1,525,000 $1,685,000 $1,830,000 $2,128,000 $2,275,000 $2,325,000 $2,440,000 $380,000 $558,000 $610,000 $650,000 $775,000 $879,000 $1,200,000 $1,200,000 $1,400,000 $1,600,000 $1,650,000 $1,975,000

$951.02 $1,120.60 $1,373.63 $1,091.95 $1,404.15 $974.58 $1,070.39 $1,005.27 $1,263.12 $1,474.62 $1,595.20 $1,447.20 $1,559.36 $1,382.44 $904.76 $837.84 $1,121.32 $780.31 $907.49 $803.47 $726.39 $784.31 $1,199.66 $1,373.39 $904.11 $910.14

100.00 96.91 94.14 99.13 95.99 95.91 100.00 92.71 99.18 96.37 96.82 97.85 89.42 97.80 95.24 96.37 100.00 83.44 96.88 100.00 92.45 92.66 95.96 94.40 97.35 99.00

© Skybox Realty Inc, 2024

71

181 Fremont Architect

Heller Manus # of Units

67

# in Contract / Sold

50+

Monthly Absorption

.7 Units All Data From SFARMLS

SO L D

ACTI V E

IN CONTRACT

60C | $2,195,000 (2BR) $1739/sf

56A | $4,500,000 (2BR) $2267/sf 55C | $2,995,000 (2BR) $1866/sf 54E | $1,400,000 (1BR) $1795/sf 54H | $950,000 (0BR) $1525/sf

© Skybox Realty Inc, 2024

73

Skybox Realty 2023 Annual Report

Mira Architect

Studio Gang # of Units

392 # in Contract / Sold

355+

Monthly Absorption

5.6 Units All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2024

75

Skybox Realty 2023 Annual Report

The Avery Architect

OMA # of Units

118 # in Contract / Sold

66+

Monthly Absorption

1 Unit All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2024

77

Skybox Realty 2023 Annual Report

Four Seasons Residences Architect

Handel # of Units

146 # in Contract / Sold

42+

Monthly Absorption

1.1 Units All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2024

79

Skybox Realty 2023 Annual Report

One Steuart Lane Architect

SOM # of Units

120 # of Stories

20 # Sold

41+ All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2024

81

Skybox Realty 2023 Annual Report

Paul Hwang

Paul Hwang Activity (2021-2023 Sales) # of Transactions

103+ Sold Volume

$187,254,400 All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

*

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Paul Hwang Leasing Activity 2022 # Leased

40+

2023 # Leased

62+

© Skybox Realty Inc, 2024

83

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Paul Hwang

415.216.8746 | dre 01371169 paul@skyboxrealty.com

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