Paul Hwang | 415.216.8746 | paul@skyboxrealty.com
Hello Neighbors!
2024 condo sales in Mission Bay improved year-over-year versus a lackluster 2023 market. Total transactions increased by 14% while average price per square foot recovered modestly +3.4%.
Buyer psychology currently has an opportunistic mindset and is motivated mostly by the notion of getting good deals. The buyer demographic is hyperlocal consisting of renters or people looking to trade up. Two bedrooms are outperforming a stagnant one bedroom market.
The home market is derivative of the office and retail markets, which continue to be bleak despite a robust stock market and strong dollar. The current talk of the town is AI & quantum computing. Rents are holding up well.
We anticipate a flat market in San Francisco condo sales for 2025. Please contact me for a personalized analysis of your real estate needs.
Best Regards, Paul Hwang, Ranked
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.
BLVD
Mariposa
Mission Bay 2024 Snapshot
# of Transactions
79
YOY
Average Sales Price $1,108,438
YOY
Average Price per Square Foot
$1,003
YOY
Average Days on the Market
69
YOY * Does not include new construction.
Median Price $1,015,000
Buyer Demographic
of Transactions
$/SF
Buyer Demographic
Arterra
Buyer Demographic
Park Terrace
Buyer Demographic
# of Transactions
Buyer Demographic
(1BR)
| $1,625,000 (2BR) $1288/sf
| $1,675,000 (2BR) $1272/sf
615 | $1,225,000 (1BR) $1123/sf
| $950,000 (1BR) $1017/sf
(1BR) $892/sf
Buyer Demographic
Transactions
Radiance
803 | $1,130,000 (2BR) $1051/sf
515 | $1,450,000 (2BR) $1120/sf
310 | $1,398,000 (2BR) $1091/sf
Buyer Demographic
Arden
| $1,580,000 (2BR) $1295/sf
| $3,100,000 (3BR) $----/sf
302 | $1,550,000 (2BR) $1201/sf
| $1,585,000 (2BR) $1203/sf
| $1,200,000 (2BR) $995/sf
Buyer Demographic
# of Transactions
One Mission Bay Resales
One Mission Bay
Buyer Demographic
# of Transactions
2024 Q4 Sales
Address
260 King 961
250 King 442
300 Berry 417
250 King 576
260 King 733
300 Berry 704
300 Berry 116
250 King 1612
260 King 585
260 King 1505
255 Berry 414
330 Mission Bay 803
718 Long Bridge 113
255 Berry 312
420 Mission Bay 605
718 Long Bridge 302
1000 3rd 1605
420 Mission Bay 907
718 Long Bridge 1001
SQFT 985 1,024 660 985 728 856 777 1,028 1,028 1,165 1,001 1,075 1,206 1,232 1,140 1,291 1,218 1,262 1,234
* Only showing sold homes in buildings featured in this book. D oes not include new construction.
Sale Price
$478,000
$489,000
$575,000
$611,000
$615,000
$635,000
$685,000
$730,000
$825,000
$1,060,000
$1,125,000
$1,130,000
$1,200,000
$1,258,000
$1,350,000
$1,550,000
$1,600,000
$1,625,000
$1,668,000
$1,071.43
$1,051.16 $995.02
Paul Hwang
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!
Paul Hwang Leasing Activity
