2017 Q2 Mission Bay Report

VI PAVLICEVICH & SHERRY JUNEJA

MISSION BAY 2017 Q2 REPORT THINKING OF MAKING A MOVE? CALL VI & SHERRY TODAY | 415.828.1114

VI PAVLICEVICH bre 01906246 | 415.828.1114 vi@skyboxrealty.com

SHERRY JUNEJA bre 01916952 | 415.676.7086 sherry@skyboxrealty.com

3

HAPPY SUMMER! 2017 Q2

Q2 is coming to an end, and the activity in Mission Bay is no different from the first quarter of the year.

Inventory remains slim in Mission Bay, but there is an apparent decline in average $/SF. Current prices are comparable to Fall 2015 prices. We believe this is the first year of a multi-year correction in our real estate market.

There is more equilibrium between buyers and sellers, and we advise sellers to reexamine their time horizons for holding property.

If within 12 months, we believe now is the time for sellers to maximize return on their investment.

We understand the cost of selling is expensive. Call us to learn how our discounts can save you money when selling your home. Please reach out with questions about the Mission Bay market.

Your Neighbors, Vi & Sherry 415.828.1114

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 MISSION BAY 2017 Q2 REPORT

FAST FACTS

6-7

235 BERRY

8-9

255 BERRY

10 - 11

ARTERRA

12 - 13

PARK TERRACE

14 - 15

MADRONE

16 - 17

RADIANCE

18 - 19

ARDEN

20 - 21

ONE MISSION BAY

24 - 25

WARRIORS STADIUM

26 - 27

MISSION BAY FAST FACTS

26

$1,055,760

$1,006

39

# SOLD

AVG SALE PRICE

AVG $/SF

AVG DOM

41% YOY

18% YOY

7.8% YOY

9.3% YOY

8.3% QOQ

8.5% QOQ

3.3% QOQ

49% QOQ

MISSION BAY

AVERAGE PRICE PER SQUARE FOOT $1150 $1050 $950 $850 2014

2015

2016

2017

235 BERRY | 235 BERRY 2

$1,504,500

$1,176

# SOLD

AVG SALE PRICE

AVG $/SF

SOLD

ACTIVE

CONTINGENT

PENDING

705 | $1,349,000 (2BR) $1110/sf 612 | $1,749,000 (2BR) $1100/sf

All Data From

m SFARMLS

9

17

$1,504,500

102.21

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

704 | $1,260,000 (2BR) $1251/sf

415 | $1,300,000 (2BR) $1053/sf

115 | $1,895,000 (3BR) $1115/sf

255 BERRY | 255 BERRY 6

$1,220,515

$1,091

# SOLD

AVG SALE PRICE

AVG $/SF

SOLD

ACTIVE

CONTINGENT

PENDING

516 | $1,475,000 (2BR) $1206/sf 402 | $1,163,088 (2BR) $1147/sf 304 | $870,000 (1BR) $997/sf 102 | $1,245,000 (2BR) $1064/sf

All Data From

m SFARMLS

11

21

$1,235,000

103.99

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

511 | $1,225,000 (2BR) $1091/sf 406 | $1,345,000 (2BR) $1040/sf

113 | $1,495,000 (2BR) $----/sf

ARTERRA |

300 BERRY

2

$990,000

$1,277

# SOLD

AVG SALE PRICE

AVG $/SF

SOLD

ACTIVE

CONTINGENT

PENDING

1413 | $1,175,000 (2BR) $1214/sf 1210 | $1,225,000 (2BR) $1276/sf

919 | $995,000 (1BR) $1363/sf

307 | $755,000 (1BR) $1278/sf

All Data From

m SFARMLS

13

39

$990,000

101.54

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

PARK TERRACE | 325 BERRY 2

$1,133,750

$1,036

# SOLD

AVG SALE PRICE

AVG $/SF

SOLD

ACTIVE

CONTINGENT

PENDING

527 | $1,699,000 (2BR) $1200/sf 306 | $899,000 (1BR) $1019/sf

All Data From

m SFARMLS

15

52

$1,133,750

100.15

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

712 | $899,000 (1BR) $1079/sf 516 | $1,355,000 (2BR) $993/sf

MADRONE | 420 / 480 MISSION BAY BLVD | 435 CHINA BAS 4

$1,271,500

$1,125

# SOLD

AVG SALE PRICE

AVG $/SF

SOLD

ACTIVE

CONTINGENT

PENDING

705 | $1,338,000 (2BR) $1173/sf 538 | $975,000 (1BR) $1110/sf 443 | $1,345,000 (2BR) $1085/sf 219 | $1,599,000 (2BR) $1141/sf

All Data From

17

SIN

m SFARMLS

45

$1,341,500

101.07

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

709 | $1,428,000 (2BR) $1132/sf 542 | $1,250,000 (2BR) $1063/sf

RADIANCE | 330 MISSION BAY BLVD | 325 CHINA BASIN 0

----

----

# SOLD

AVG SALE PRICE

AVG $/SF

SOLD

ACTIVE

CONTINGENT

PENDING

All Data From

m SFARMLS

19

----

----

----

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

306 | $899,000 (1BR) $1172/sf

ARDEN |

718 / 738 LONG BRIDGE

0

----

----

# SOLD

AVG SALE PRICE

AVG $/SF

SOLD

ACTIVE

CONTINGENT

PENDING

910 | $1,699,000 (2BR) $1195/sf

All Data From

m SFARMLS

21

----

----

----

AVG DOM

MEDIAN PRICE

AVG % SALE/LIST

SOLD UNITS Q2 2017 Address

BR

BA

Status

Status Date

300 Berry 307

1

1

Sold

6.14.17

255 Berry 304

1

1

Sold

4.14.17

325 Berry 712

1

1

Sold

6.9.17

435 China Basin 538

1

1

Sold

6.27.17

255 Berry 402

2

2

Sold

5.10.17

255 Berry 511

2

2

Sold

6.16.17

300 Berry 1210

2

1

Sold

5.19.17

255 Berry 102

2

2.5

Sold

4.11.17

235 Berry 704

2

2

Sold

4.21.17

420 Mission Bay 705

2

2

Sold

5.19.17

435 China Basin 443

2

2

Sold

6.5.17

255 Berry 406

2

2

Sold

6.1.17

325 Berry 516

2

2

Sold

4.28.17

480 Mission Bay 709

2

2

Sold

4.26.17

255 Berry 516

2

2

Sold

4.21.17

255 Berry 612

2

2.5

Sold

4.14.17

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

All Data From

23 DOM

SF

List Price

Sold Price

$/SF

0

591

$755,000

$755,000

$1278

56

873

$899,000

$870,000

$997

35

846

$899,000

$912,500

$1079

109

878

$988,000

$975,000

$1110

12

1014

$998,000

$1,163,088

$1147

3

1123

$1,195,000

$1,225,000

$1091

39

960

$1,195,000

$1,225,000

$1276

20

1170

$1,200,000

$1,245,000

$1064

5

1007

$1,195,000

$1,260,000

$1251

4

1141

$1,328,000

$1,338,000

$1173

0

1240

$1,288,000

$1,345,000

$1085

19

1293

$1,295,000

$1,345,000

$1040

68

1364

$1,395,000

$1,355,000

$993

21

1261

$1,428,000

$1,428,000

$1132

18

1223

$1499,000

$1,475,000

$1206

28

1590

$1,749,000

$1,749,000

$1100

m SFARMLS

ONE MISSION BAY |

110 CHANNEL | 1000 3RD

350

170+

12.9

# UNITS

# IN CONTRACT

AVG ABSORPTION

SOLD

ACTIVE

CONTINGENT

PENDING

1505 | $1,640,000 (2BR) $1346/sf 1301 | $3,450,000 (3BR) $1746/sf

615 | $1,090,000 (1BR) $1134/sf 601 | $965,600 (1BR) $1248/sf 513 | $755,000 (1BR) $1380/sf 401 | $1,495,000 (2BR) $1166/sf

106 | $1,480,000 (2BR) $1237/sf

Only showing listings m

25

$725K+

$1.26M+

$1.718M+

1BR LIST PRICE

2BR LIST PRICE

3BR LIST PRICE

marketed on SFARMLS

822 | $1,440,000 (2BR) $1212/sf 606 | $1,564,000 (2BR) $1462/sf 517 | $920,000 (1BR) $1175/sf 403 | $1,690,000 (2BR) $1370/sf 303 | $1,640,000 (3BR) $1289/sf 102 | $1,435,000 (2BR) $1262/sf

WARRIORS STADIUM THE CHASE CENTER | COMING SOON

VI PAVLICEVICH bre 01906246 | 415.828.1114 vi@skyboxrealty.com

SHERRY JUNEJA bre 01916952 | 415.676.7086 sherry@skyboxrealty.com