Real Estate Market Report Q2 2016

CLIMB MARKET REPORT Climb Market Report

Q2 2016 SAN FRANCISCO SALES PRICES ARE UP ONCE AGAIN. SINGLE-FAMILY HOME PRICES ARE UP 4.9 PERCENT, AND CONDOS & LOFTS ARE UP 0.9 PERCENT.

 SINGLE-FAMILY  CONDO & LOFT

MEDIAN SALES PRICE $1,600,000 $1,400,000 $1,200,000

SINGLE-FAMILY HOMES

CONDOS & LOFTS

+ 4.9%

+ 0.9%

YEAR-OVER-YEAR CHANGE

YEAR-OVER-YEAR CHANGE

$1,000,000 $800,000 $600,000 1-2012

7-2012

1-2013 7-2013

1-2014

7-2014

1-2015

DAYS ON MARKET UNTIL SALE 100

7-2015

1-2016 7-2016

 SINGLE-FAMILY  CONDO & LOFT

80

Q2 2016

Q2 2015

Q2 2016

Q2 2015

$1.4M

$1.3M

$1.1M

$1.1M

SINGLE-FAMILY HOMES

CONDOS & LOFTS

+ 6.8%

+ 21.2%

YEAR-OVER-YEAR CHANGE

YEAR-OVER-YEAR CHANGE

60 40 20 1-2012

7-2012

1-2013

7-2013

1-2014

7-2014

1-2015

7-2015

1-2016

7-2016

Q2 2016

Q2 2015

Q2 2016

Q2 2015

28.9 days

27.1 days

50.5 days

41.6 days

climbsf.com © 2016 San Francisco Association of REALTORS®. All data subject to ERRORS, OMISSIONS or REVISIONS and is not WARRANTED. All information deemed reliable but is not guaranteed. Search all SFARMLS listings at www.sfrealtors.com. Powered by ShowingTime 10K.

CLIMB MARKET REPORT Q2 2016  SINGLE-FAMILY  CONDO & LOFT

PRICE PER SQ FT $1,100 $1,000 $900 $800

SINGLE-FAMILY HOMES

CONDOS & LOFTS

+ 2.4%

- 0.0%

YEAR-OVER-YEAR CHANGE

YEAR-OVER-YEAR CHANGE

$700 $600

Q2 2016

Q2 2015

Q2 2016

Q2 2015

$869 psf

$849 psf

$1,035 psf

$1,035 psf

$500 $400 1-2012

7-2012

1-2013

7-2013

1-2014

7-2014

1-2015

7-2015

1-2016

7-2016

 SINGLE-FAMILY  CONDO & LOFT

SOLD LISTINGS 1,000 800

SINGLE-FAMILY HOMES

CONDOS & LOFTS

- 1.2%

- 11.7%

YEAR-OVER-YEAR CHANGE

600 400 200 1-2012

7-2012

1-2013

7-2013

1-2014

7-2014

1-2015

7-2015

1-2016

7-2016

 SINGLE-FAMILY  CONDO & LOFT

PCT. OF LIST PRICE RECEIVED 120.0% 115.0% 110.0%

YEAR-OVER-YEAR CHANGE

Q2 2016

Q2 2015

Q2 2016

Q2 2015

633

641

665

753

SINGLE-FAMILY HOMES

CONDOS & LOFTS

- 3.6%

- 4.3%

YEAR-OVER-YEAR CHANGE

YEAR-OVER-YEAR CHANGE

105.0% 100.0% 95.0% 1-2012

7-2012

1-2013

7-2013

1-2014

7-2014

1-2015

7-2015

1-2016

7-2016

 SINGLE-FAMILY  CONDO & LOFT

MONTHS SUPPLY 8.0 6.0

Q2 2016

Q2 2015

Q2 2016

Q2 2015

113.1%

117.4%

105.8%

110.6%

SINGLE-FAMILY HOMES

CONDOS & LOFTS

- 3.5%

+ 57.0%

YEAR-OVER-YEAR CHANGE

YEAR-OVER-YEAR CHANGE

4.0 2.0 0.0 1-2012

7-2012

1-2013

7-2013

1-2014

7-2014

1-2015

7-2015

1-2016

7-2016

Q2 2016

Q2 2015

Q2 2016

Q2 2015

1.9 mo

1.9 mo

2.7 mo

1.7 mo

climbsf.com © 2016 San Francisco Association of REALTORS®. All data subject to ERRORS, OMISSIONS or REVISIONS and is not WARRANTED. All information deemed reliable but is not guaranteed. Search all SFARMLS listings at www.sfrealtors.com. Powered by ShowingTime 10K.

CLIMB MARKET REPORT Q2 2016

Activity by District Key metrics by report quarter for the districts of San Fransisco.

1

Richmond

Northwest (Sea Cliff, Lake, Jordan Pk / Laurel Hts, Outer/Central/Inner Richmond, Lone Mtn)

2

Sunset

Central West (Outer Sunset, Central Sunset, Inner Sunset, Outer Parkside, Parkside, Inner Parkside, Golden Gate Heights)

3

Lake Merced

Southwest (Pine Lake Park, Lake Shore, Merced Manor, Stonestown, Lakeside, Merced Heights, Ingleside, Ingleside Heights, Oceanview)

4

West Portal / St Francis Wood

Twin Peaks W (Frst Hill & Ext, W Prtl, St Frncs Wd, Blboa Terr, Mt Dv Mnr, Inglsd Terr, Mntry Hts, Wstwd Pk & H'lnds, Shrwd Fst, Mirlma Pk, Dmnd Hts, Mdtwn Terr)

5

Cole Valley, Noe Valley, Castro

Central (Haight Ashbury, Cole Vly / Prnssus Hts, Clrndn Hts, Crna Hts, Twn Pks, Gln Pk, Noe Vly, Eurka Vly / Dlrs Hts, Mssn Dlrs, Duboce Trngl, Bna Vsta / Ashbry Hts)

6

Hayes Valley & Panhandle

Central North (Lower Pacific Heights, Anza Vista, Western Addition, North Panhandle, Alamo Square, Hayes Valley)

7

Marina & Pacific Heights

North (Marina, Cow Hollow, Presidio Heights, Pacific Heights)

8

North Beach & Russian Hill

Northeast (North Waterfront, North Beach, Russian Hill, Telegraph Hill, Nob Hill, Financial Dist / Barbary Coast, Dwntwn, Van Ness / Civic Cntr, Tenderloin)

9

South Beach and SoMa

Central East (Yerba Buena, South Beach, South of Market, Mission Bay, Inner Mission, Potrero Hill, Central Waterfront / Dogpatch, Bernal Heights)

10 Outer Mission & Bayview

Southeast (Outer Mission, Mission Terr, Excelsior, Portola, Bayvw, Silver Terr, Hntrs Pt, Candlestick Pt, Bayvw Hts, Little H'wood, Visitation Vly, Crocker Amazon)

Median Sales Price Single-Family Homes

Q2-2015

Q2-2016

1 Richmond

$1.89M

2 Sunset

$1.17M

3 Lake Merced

$0.89M

Days on Market

Price Per Sq Ft

Sold Listings +/–

Q2-2015 Q2-2016

% of List Price Received

+/–

Q2-2015

Q2-2016

+/–

Q2-2015

Q2-2016

+/–

Q2-2015

Q2-2016

+/–

$1.82M

-3.3%

19

26

+39.4%

$918

$855

-6.8%

67

57

-14.9%

119.6%

113.3%

-5.3%

$1.25M

+6.8%

27

23

-12.8%

$769

$811

+5.5%

121

121

0.0%

121.0%

120.9%

-0.1%

$0.94M

+5.1%

40

28

-28.8%

$640

$685

+7.2%

38

52

+36.8%

117.0%

110.7%

-5.4%

4 West Portal / St Francis Wood

$1.44M

$1.50M

+4.0%

22

27

+22.4%

$833

$839

+0.8%

94

89

-5.3%

119.7%

111.9%

-6.5%

5 Cole Valley, Noe Valley, Castro

$2.16M

$1.96M

-9.3%

23

29

+24.4%

$1,125

$1,079

-4.1%

84

90

+7.1%

115.2%

108.0%

-6.2%

6 Hayes Valley & Panhandle

$1.82M

$2.65M

+45.5%

29

60

+109.6%

$855

$990

+15.9%

8

8

0.0%

111.2%

101.3%

-8.9%

7 Marina & Pacific Heights

$4.75M

$4.73M

-0.5%

30

52

+74.3%

$1,543

$1,457

-5.6%

31

33

+6.5%

106.2%

103.4%

-2.6%

8 North Beach & Russian Hill

$2.22M

$3.19M

+43.3%

17

44

+162.5%

$1,300

$1,241

-4.6%

7

6

-14.3%

114.5%

99.4%

-13.2%

9 South Beach and SoMa

$1.46M

$1.40M

-4.1%

23

28

+22.8%

$1,015

$995

-2.0%

63

75

+19.0%

124.6%

117.7%

-5.5%

10 Outer Mission & Bayview

$0.77M

$0.87M

+11.8%

36

29

-19.8%

$612

$639

+4.5%

128

102

-20.3%

112.2%

111.9%

-0.3%

Condos & Lofts

Q2-2015

Q2-2016

+/–

Q2-2015

Q2-2016

+/–

Q2-2015

Q2-2016

+/–

+/–

Q2-2015

Q2-2016

+/–

1 Richmond

$1.21M

$1.05M

-13.4%

32

50

+54.7%

$859

$849

-1.1%

30

34

+13.3%

113.2%

109.8%

-3.0%

2 Sunset

$1.38M

$1.10M

-20.2%

28

39

+42.8%

$759

$758

-0.2%

12

10

-16.7%

109.9%

110.7%

+0.7%

3 Lake Merced

$0.70M

$0.69M

-1.1%

31

49

+58.4%

$630

$671

+6.5%

15

10

-33.3%

106.1%

107.2%

+1.0%

Q2-2015 Q2-2016

4 West Portal / St Francis Wood

$0.84M

$0.66M

-21.1%

36

56

+57.0%

$692

$783

+13.2%

12

8

-33.3%

112.6%

105.5%

-6.3%

5 Cole Valley, Noe Valley, Castro

$1.28M

$1.35M

+5.8%

32

43

+35.3%

$1,038

$1,039

+0.0%

135

89

-34.1%

118.0%

110.4%

-6.4%

6 Hayes Valley & Panhandle

$1.13M

$1.22M

+8.0%

40

53

+33.4%

$1,003

$1,000

-0.4%

61

60

-1.6%

113.5%

110.9%

-2.3%

7 Marina & Pacific Heights

$1.54M

$1.60M

+3.9%

37

39

+5.1%

$1,145

$1,200

+4.8%

51

73

+43.1%

113.7%

106.0%

-6.8%

8 North Beach & Russian Hill

$1.08M

$1.05M

-2.4%

50

48

-4.0%

$1,090

$1,059

-2.9%

107

103

-3.7%

107.5%

104.1%

-3.2%

9 South Beach and SoMa

$1.07M

$1.14M

+6.2%

45

57

+25.9%

$1,103

$1,095

-0.7%

311

252

-19.0%

107.5%

102.8%

-4.4%

10 Outer Mission & Bayview

$0.72M

$0.69M

-3.9%

65

57

-13.0%

$569

$613

+7.9%

19

26

+36.8%

105.9%

105.3%

-0.6%

climbsf.com © 2016 San Francisco Association of REALTORS®. All data subject to ERRORS, OMISSIONS or REVISIONS and is not WARRANTED. All information deemed reliable but is not guaranteed. Search all SFARMLS listings at www.sfrealtors.com. Powered by ShowingTime 10K.

Climb Real Estate is a recognized leader in the marketing and sales of Bay Area residential real estate. The San Francisco-based independent and locally-owned brokerage is proud to be the leader in the purchase and sale of a diverse array of homes: from $80,000 parking spots to million-dollar mansions, new development studios to luxurious view penthouses, live/work lofts to charming bungalows and single-family homes.

1

With over 11 years of experience in marketing and collective sales in excess of a billion dollars, Climb Real Estate Group offers unparalleled marketing and sales expertise with offices in Potrero Hill, Noe Valley, Mission Bay, and Oakland’s Jack London Square.

3

2 1 POTRERO HILL OUR FLAGSHIP OFFICE IN THE DESIGN CENTER IS MODERN, OPEN AND ACCESSIBLE.

2 NOE VALLEY ONE OF OUR NEWEST LOCATIONS IS IN THE HEART OF 24TH STREET. 3 MISSION BAY LOCATED ON BERRY STREET, THIS NEW-CONCEPT REAL ESTATE OFFICE PROVIDES A RETAIL OUTPOST WITH LOCAL SF-MADE PRODUCTS. 4 JACK LONDON SQUARE OUR NEWEST LOCATION IS THE DESTINATION OF THE EAST BAY.

4

5

5 AIRSTREAM AND OUR INNOVATIVE MOBILE DWR TRAILER ON THE STREETS OF SAN FRANCISCO.

climbsf.com © 2016 San Francisco Association of REALTORS®. All data subject to ERRORS, OMISSIONS or REVISIONS and is not WARRANTED. All information deemed reliable but is not guaranteed. Search all SFARMLS listings at www.sfrealtors.com. Powered by ShowingTime 10K.