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SOUTH BEACH & YERBA BUENA 2017 Q1 REPORT PAUL HWANG | RANKED #1 IN SOUTH BEACH 415.216.8746 | PAUL@SKYBOXREALTY.COM


DEAR NEIGHBORS, 2017 Q1

It was an exciting 1st Quarter of 2017 with 61 units sold in South Beach & Yerba Buena. New construction sales picked up the pace after a sluggish 4th Quarter of 2016. More bad news for beleaguered Millennium Tower has resulted in sales grinding to a sudden halt. Construction for Woodland Market in the Lumina commercial space has begun. It has finally stopped raining, the Warriors are entering the playoffs as the 1st seed, and the Giants have a new season complete with a new closer. It’s a great time to sell your unit, please call me for your free personalized market analysis. Best Regards, Paul Hwang | Principal Broker 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.


TABLE OF CONTENTS SOUTH BEACH & YERBA BUENA

FAST FACTS

8-9

THE INFINITY

10 - 13

THE METROPOLITAN

14 - 17

ONE RINCON HILL

18 - 21

MILLENNIUM

22 - 23

ONE HAWTHORNE

24 - 27

WATERMARK

28 - 31

SOLD UNITS

32 - 33

LUMINA

34 - 35

THE HARRISON

36 - 37

72 TOWNSEND

38 - 39

181 FREMONT

40 - 41

OPENINGS

42 - 43


SOUTH BEACH FAST FACTS

37

$1,151,730

$1119

53

# SOLD

AVG SALE PRICE

AVG $/SF

AVG DOM

12% YOY

43% YOY

21% YOY

6.1% YOY

SOUTH BEACH

PRICE PER SQUARE FOOT DISTRIBUTION

$477/SF

$699/SF

$921/SF

$1143/SF

$1365/SF

$1587/SF

$1809/SF

STANDARD DEVIATION = $221.88

All Data From


YERBA BUENA FAST FACTS

24

$1,217,741

$1161

40

# SOLD

AVG SALE PRICE

AVG $/SF

AVG DOM

1.4% YOY

39% YOY

71% YOY

5.4% YOY

YERBA BUENA

PRICE PER SQUARE FOOT DISTRIBUTION

$0/SF

$324/SF

$745/SF

STANDARD DEVIATION = $420.40

m SFARMLS

$1165/SF

$1585/SF

$2006/SF

$2426/SF


THE INFINITY |

301 / 333 MAIN | 318 / 338 SPEAR

D31A | $2,390,000 (2BR) $1876/sf

D15H | $1,495,000 (2BR) $1130/sf

D10G | $899,000 (1BR) $1118/sf D9H | $850,000 (1BR) $1155/sf

A8D | $825,000 (0BR) $1533/sf A6C | $950,000 (1BR) $1139/sf

All Data From


m SFARMLS

SOLD

ACTIVE

CONTINGENT

PENDING

B37B | $12,500,000 (3BR) $3696/sf

B27H | $1,850,000 (2BR) $1405/sf

B22H | $1,629,000 (2BR) $1237/sf

B18E | $1,680,000 (2BR) $1424/sf

B9G | $935,000 (1BR) $1169/sf

B5C | $1,749,900 (2BR) $999/sf

11


THE INFINITY |

301 / 333 MAIN | 318 / 338 SPEAR

4

$1,282,500

$1,215

# SOLD

AVG SALE PRICE

AVG $/SF

33% YOY

11% YOY

24% YOY

----% QOQ

.57% QOQ

.66% QOQ

THE INFINITY

AVG PRICE PER SQUARE FOOT $1600 $1400 $1200 2016 Q2

2016 Q3

2016 Q4

2017 Q1

THE INFINITY ONE YEAR SALES ACTIVITY

PRICE PER SQUARE FOOT DISTRIBUTION

$87/SF

$531/SF

$975/SF

$141

STANDARD DEVIATION = $444.58

All Data From


13

34

$1,215,000

100.98

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

386% YOY

20% YOY

3.2% YOY

26% QOQ

4.1% QOQ

4.9% QOQ

THE INFINITY

Q1 2017 BUYER DEMOGRAPHIC

19/SF

m SFARMLS

CASH BUYER LOAN BUYER UNKNOWN

$1863/SF

$2307/SF

$2751/SF


THE METROPOLITAN | 333 / 355 1ST STREET

N1605 | $875,000 (1BR) $1234/sf

N605 | $799,000 (1BR) $1127/sf

N102 | $740,000 (1BR) $----/sf

All Data From


m SFARMLS

SOLD

ACTIVE

CONTINGENT

PENDING

S2103 | $875,000 (1BR) $1266/sf

S1002 | $1,200,000 (2BR) $----/sf

S403 | $730,000 (1BR) $----/sf

15


THE METROPOLITAN |

333 / 355 1ST STREET

3

$1,392,500

$1,250

# SOLD

AVG SALE PRICE

AVG $/SF

50% YOY

39% YOY

3.9% YOY

66% QOQ

70% QOQ

24% QOQ

THE METROPOLITAN

AVG PRICE PER SQUARE FOOT $1250 $1150 $1050 2016 Q2

2016 Q3

2016 Q4

2017 Q1

THE METROPOLITAN ONE YEAR SALES ACTIVITY

PRICE PER SQUARE FOOT DISTRIBUTION

BELL CURVE GRAPH $955/SF

$1036/SF

$1116/SF

$119

STANDARD DEVIATION = $80.59

All Data From


17

64

$830,000

98.65

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

56% YOY

12% YOY

2% YOY

19% QOQ

1.1% QOQ

.12% QOQ

THE METROPOLITAN

Q1 2017 BUYER DEMOGRAPHIC

CASH BUYER LOAN BUYER UNKNOWN

WILL GO HERE>

97/SF

m SFARMLS

$1278/SF

$1358/SF

$1439/SF


ONE RINCON HILL | 425 1ST | 489 HARRISON

5401 | $2,050,000 (2BR) $1967

All Data From


7/sf

m SFARMLS

SOLD

ACTIVE

CONTINGENT

6002 | $2,795,000 (3BR) $1832/sf 5803 | $2,995,000 (3BR) $1786/sf 5404 | $2,098,000 (2BR) $1664/sf 5302 | $3,250,000 (3BR) $1649/sf

3904 | $810,000 (1BR) $1338/sf

3002 | $2,849,000 (3BR) $1445/sf 2902 | $2,985,000 (3BR) $1514/sf

2504 | $799,000 (1BR) $1321/sf 2205 | $895,000 (1BR) $1261/sf

1607 | $1,095,000 (1BR) $1337/sf

902 | $1,370,000 (2BR) $1047/sf

PENDING

19


ONE RINCON HILL | 425 1ST | 489 HARRISON 4

$1,352,500

$1,403

# SOLD

AVG SALE PRICE

AVG $/SF

----% YOY

38% YOY

17% YOY

33% QOQ

12% QOQ

.43% QOQ

ONE RINCON HILL

AVG PRICE PER SQUARE FOOT $1600 $1500 $1400 2016 Q2

2016 Q3

2016 Q4

2017 Q1

ONE RINCON HILL ONE YEAR SALES ACTIVITY

PRICE PER SQUARE FOOT DISTRIBUTION

$600/SF

$891/SF

$1182/SF

$147

STANDARD DEVIATION = $290.91

All Data From


21

51

$1,232,500

98.24

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

34% YOY

38% YOY

2% YOY

20% QOQ

4.6% QOQ

1.8% QOQ

ONE RINCON HILL

Q1 2017 BUYER DEMOGRAPHIC

73/SF

m SFARMLS

CASH BUYER LOAN BUYER UNKNOWN

$1764/SF

$2055/SF

$2346/SF


MILLENNIUM TOWER |

301 MISSION

PHA | $8,995,000 (2BR) $3324/sf

401 | $5,995,000 (4BR) $1572/sf

All Data From


SOLD

ACTIVE

33E | $2,500,000 (2BR) $1459/sf

24D | $999,000 (1BR) $1266/sf

4E | $1,299,000 (2BR) $1143/sf

m SFARMLS

CONTINGENT

PENDING

23


ONE HAWTHORNE |

1 HAWTHORNE LANE

10E | $1,650,000 (2BR) $1324/s

6D | $880,000 (1BR) $1033/sf

All Data From


sf

m SFARMLS

SOLD

ACTIVE

CONTINGENT

PENDING

24A | $2,495,000 (2BR) $1578/sf

21F | $2,100,000 (2BR) $1516/sf

12A | $950,000 (1BR) $1045/sf 10F | $1,760,000 (2BR) $1273/sf

6C | $890,000 (1BR) $1046/sf

25


ONE HAWTHORNE |

1 HAWTHORNE LANE

3

$1,200,000

$1,121

# SOLD

AVG SALE PRICE

AVG $/SF

200% YOY

27% YOY

12% YOY

150% QOQ

62% QOQ

29% QOQ

ONE HAWTHORNE

AVG PRICE PER SQUARE FOOT $1500 $1300 $1100 2016 Q2

2016 Q3

2016 Q4

2017 Q1

ONE HAWTHORNE ONE YEAR SALES ACTIVITY

PRICE PER SQUARE FOOT DISTRIBUTION

$553/SF

$786/SF

$1020/SF

$125

STANDARD DEVIATION = $233.50

All Data From


27

49

$950,000

97.48

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

58% YOY

27% YOY

4.1% YOY

77% QOQ

70% QOQ

5.5% QOQ

ONE HAWTHORNE

Q1 2017 BUYER DEMOGRAPHIC

53/SF

m SFARMLS

CASH BUYER LOAN BUYER UNKNOWN

$1487/SF

$1720/SF

$1954/SF


WATERMARK |

501 BEALE

All Data From


m SFARMLS

SOLD

ACTIVE

CONTINGENT

15B | $1,525,000 (2BR) $----/sf 12D | $1,995,000 (2BR) $1585/sf

4A | $1,225,000 (2BR) $1056/sf

PENDING

29


WATERMARK |

501 BEALE

2

$1,375,000

$1,056

# SOLD

AVG SALE PRICE

AVG $/SF

50% YOY

57% YOY

8.4% YOY

100% QOQ

100% QOQ

100% QOQ

WATERMARK

AVG PRICE PER SQUARE FOOT $1250 $1150 $1050 2016 Q2

2016 Q3

2016 Q4

2017 Q1

WATERMARK ONE YEAR SALES ACTIVITY

PRICE PER SQUARE FOOT DISTRIBUTION

BELL CURVE GRAPH

$385/SF

$653/SF

$920/SF

$118

STANDARD DEVIATION = $267.73

All Data From


31

99

$1,375,000

100.95

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

241% YOY

57% YOY

8.5% YOY

100% QOQ

100% QOQ

100% QOQ

WATERMARK

Q1 2017 BUYER DEMOGRAPHIC

CASH BUYER LOAN BUYER UNKNOWN

WILL GO HERE>

88/SF

m SFARMLS

$1456/SF

$1724/SF

$1992/SF


SOLD UNITS Q1 2017 Address

BR

BA

Status

Status Date

338 Spear 9H

1

1

Sold

3.30.17

1 Hawthorne 6C

1

1

Sold

1.27.17

1 Hawthorne 12A

1

1

Sold

1.18.17

1 Hawthorne 10F

2

2

Sold

2.10.17

333 1st 102

1

1

Sold

1.11.17

355 1st 2103

1

1

Sold

2.6.17

333 1st 1605

1

1

Sold

1.4.17

425 1st 2205

1

1

Sold

3.6.17

301 Main 9G

1

1

Sold

1.30.17

425 1st 1607

1

1

Sold

3.27.17

501 Beale 4A

2

2

Sold

2.7.17

425 1st 902

2

2

Sold

1.6.17

338 Spear 15H

2

2

Sold

3.28.17

501 Beale 15B

2

2

Sold

3.14.17

301 Main 27H

2

2

Sold

3.9.17

425 1st 5401

2

2

Sold

3.3.17

* Only showing sold units in buildings featured in this book. Does not include new construction.

All Data From


33 DOM

SF

List Price

Sold Price

$/SF

29

736

$850,000

$850,000

$1155

22

851

$899,000

$890,000

$1046

97

909

$1,049,000

$950,000

$1045

29

1383

$1,795,000

$1,760,000

$1273

85

685

$798,000

$740,000

$1080

0

691

$877,000

$875,000

$1266

42

709

$899,000

$875,000

$1234

45

710

$899,000

$895,000

$1261

19

800

$940,000

$935,000

$1169

37

819

$1,115,000

$1,095,000

$1337

95

1160

$1,399,000

$1,225,000

$1056

91

1309

$1,498,000

$1,370,000

$1047

43

1323

$1,495,000

$1,495,000

$1130

102

1019

$1,528,500

$1,525,000

$1497

43

1317

$1,995,000

$1,850,000

$1405

29

1042

$2,098,000

$2,050,000

$1967

m SFARMLS


LUMINA |

318 / 338 MAIN | 333 BEALE | 201 FOLSOM

490+

166

17

# SOLD

# REMAINING

AVG ABSORPTION

D36A | $8,895,000 (3BR) ** D35A | $3,499,000 (2BR)

** D23C | $2,999,000 (2BR) D20H | $1,399,000 (1BR)

** D16G | $1,675,000 (2BR)

C6F | $998,000 (1BR)

** C3F | $989,000 (1BR)

C3G | $1,950,000 (2BR)

Only showing listings marketed on SFA


SOLD

ACTIVE

FARMLS. Listings with ** indicates resales.

CONTINGENT

PENDING

B31C | $2,350,000 (2BR)

B18D | $1,235,000 (1BR)

B19D | $1,260,000 (1BR) B18H | $1,170,000 (1BR)

B15D | $1,200,000 (1BR)

B8C | $1,565,000 (2BR) B7F | $1,365,000 (2BR)

B4D | $1,060,000 (1BR) A3I | $1,279,000 (1BR)

B9F | $1,420,000 (2BR) B8B | $1,485,000 (2BR) B7G | $1,645,000 (2BR) B5C | $1,530,000 (2BR) B4C | $1,515,000 (2BR)

B1A | $1,085,000 (1BR)

35


THE HARRISON |

401 HARRISON

65+

233

6.4

# SOLD

# REMAINING

AVG ABSORPTION

28C | $2,332,000 (2BR) $1748/sf

9C | $1,495,000 (2BR) $1163/sf 7D | $795,000 (1BR) $1301/sf 7F | $1,350,000 (2BR) $1068/sf 5E | $845,000 (1BR) $1195/sf

Only showing listings m


SOLD

marketed on SFARMLS

ACTIVE

CONTINGENT

43D | $3,075,000 (2BR) $2456/sf 41D | $4,500,000 (2BR) $2309/sf

36F | $1,505,000 (1BR) $1813/sf

28G | $1,145,000 (1BR) $1511/sf

20B | $1,700,000 (2BR) $1297/sf

14G | $1,195,000 (1BR) $1459/sf

9H | 930,000 (1BR) $1225/sf 7A | 1,211,528 (2BR) $863/sf 6F | 1,250,000 (2BR) $1008/sf

PENDING

37


72 TOWNSEND |

72 TOWNSEND

59+

15

2.5

# SOLD

# REMAINING

AVG ABSORPTION

708 | $1,195,000 (1BR) $1189/sf 610 | $1,469,000 (2BR) $1205/sf

403 | $998,000 (1BR) $1271/sf

Only showing listings m


SOLD

marketed on SFARMLS

ACTIVE

CONTINGENT

PENDING

711 | $1,495,000 (2BR) $1352/sf 601 | $979,000 (1BR) $1242/sf

608 | $1,095,000 (1BR) $1090/sf

39


181 FREMONT | 181 FREMONT 14+

53

1.5

# SOLD

# REMAINING

AVG ABSORPTION

Only showing listings m


SOLD

marketed on SFARMLS

ACTIVE

CONTINGENT

PENDING

68A | $14,500,000 (2BR) $4305/sf 66A | $8,500,000 (3BR) $3536/sf

63B | $6,910,000 (3BR) $3122/sf

60C | $3,245,000 (2BR) $2571/sf

41


RECENT & UPCOMING OPENINGS TEQUILA MOCKINGBIRD 86 2ND STREET

The latest cocktail joint from Dennis Leary is now open to customers in SoMa. The menu features 14 “legit” cocktails and 14 beers on draft. Check it out on your next midweek Happy Hour venture.

JOE & THE JUICE

301 HOWARD STREET For the health-minded, head to SF’s second outpost of Joe & the Juice for breakfast, lunch, coffee, juices, and more.

EL CAPITAN TAQUERIA 1123 FOLSOM STREET

Need a fast casual Mexican kick? Head to El Capitan for tacos, shrimp platters, enchiladas, super burritos and more.

All Data From


43

ANTON’S PIZZA & DELI 1196 FOLSOM STREET

For a quick slice or sandwich, neighborhood workers and residents can now enjoy good eats from the window of Anton’s Pizza & Deli.

COLETTA GELATO

685 HARRISON STREET Charming ice cream shop serving up seasonal sorbets & gelatos using traditional Italian techniques with a dash of California flavor.

m SFARMLS


PAUL HWANG RANKED #1 IN SOUTH BEACH 415.216.8746 | PAUL@SKYBOXREALTY.COM

流利國語

2017 Q1 South Beach & Yerba Buena Condo Update  

2017 Q1 South Beach & Yerba Buena Condo Update presented by Paul Hwang | Skybox Realty.

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