South Beach & Mission Bay 2017 Annual Condo Report

SOUTH BEACH & MISSION BAY 2017 ANNUAL CONDO REPORT MIA TAKAMI

dear neighbors: The end of the year brings us reflection. The New Year brings forecasting and optimism. I am very excited about the San Francisco real estate market in 2018. With a different political perspective, we need to prepare for the new tax laws. The SF real estate market is still strong.

Prices are holding or escalating. Rental prices are increasing, and the inventory is decreasing.

SF is all about supply and demand. Rental property investment is still a good strategy. Tech workers and millennials are aggregating their incomes to share living expenses. That means that rental prices are being shared by 2 or 3 tech workers per apartment. That scenario has driven rental prices up. And a recent survey shows that 53% of SF renters are looking to buy.

Whether you are considering becoming a real estate investor, pondering buying or selling, or just looking for a rental, let me help you do your due diligence. I have been a real estate agent in SF for over 10 years. I know this market. Knowledge and information is the key to decision making. Let me help you to be successful in 2018.

Best Regards, Mia Takami, MBA/Top Producer Specialist in Lifestyles & Investments

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.

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table of contents: SOU TH B E A C H M A R K E T SN APS H OT

6-7

M IS SION B A Y M A R K E T S NAPS HOT

8-9

BA YCR E S T

10 - 11

BR IDG E V I E W

12 - 13

M U S EU M P A R C

14 - 15

P OR TSID E

16 - 17

1 9 9 N EW M O NT G O M E R Y

18 - 19

TH E CLO C K T O W E R L O F T S

20 - 21

Skybox Realty

4

TH E P A L M S

22 - 23

TH E BEA C O N

24 - 25

TH E BRA NNA N

26 - 27

TH E TOW E R S

28 - 29

1 7 0 OFF T H I R D

30 - 31

2 0 0 BR A NNA N & 1 F E D ER AL

32 - 33

G LA S SWO R K S L O F T S

34 - 35

All Data From SFARMLS

5

SOUTH BEACH 2017 MARKET SNAPSHOT

$1,144

AVE R A G E $ /S F Down 4.1% Year Over Year

$1,230,961

AVE R A G E SAL E S P R I C E Down 1% Year Over Year

48

AVE R A G E DA Y S O N M A R K E T Up 2.1% Year Over Year

225

N UM BER OF T R A NS A C T I O NS

2012 / $784

2 0 13 / $ 9 48

Down 4.7% Year Over Year

20 1 6 / $1, 2 09

20 1 5 / $1, 2 13

2 0 14 / $ 1 ,05 9

A V ERA G E PRI C E / S Q U A RE F O O T 2011 - 2017

All Data From SFARMLS

MISSION BAY 2017 MARKET SNAPSHOT

$1,041

AVE R A G E $ /S F Down 4.2% Year Over Year

$1,166,113

AVE R A G E SAL E S P R I C E Down 6.9% Year Over Year

46

AVE R A G E DA Y S O N M A R K E T No Change Year Over Year

2012 / $743

Down 3.4% Year Over Year

2 0 1 3 / $ 8 46

117

N UM BER OF T R A NS A C T I O NS

2 0 16 / $ 1, 0 87

20 1 5 / $1, 0 89

2 0 14 / $ 9 33

A V ERA G E PRI C E / S Q U A RE F O O T 2011 - 2017

All Data From SFARMLS

BAYCREST /

# TRAN S AC T I ONS Up 1 8 0% Ye a r O ve r Y e ar

201 HARRISON

14

BAYCREST SALES BY $/ S F 2017

Q UA RTERL Y AVG $1600

A VG D AY S O N MAR K ET Up 1 5 % Ye a r O ve r Ye ar

A V G $/ S F Dow n 6.4% Yea r O ve r Y e ar

A VG S AL E S P RICE Up 1 7 % Yea r O ve r Ye ar

61

$1400

$1200

$1,155

$1000

$693,357

$800

O N E B ED RO O M

Skybox Realty

10

TWO BE DROOM

1126 | $750,000 (1BR) $1142/sf 1026 | $730,000 (1BR) $983/sf 908 | $650,000 (1BR) $1313/sf 807 | $540,000 (0BR) $1317/sf

1027 | $1,000,000 (2BR) $971/sf 913 | $825,000 (2BR) $1121/sf 909 | $725,000 (1BR) $1097/sf 806 | $560,000 (0BR) $----/sf

610 | $850,000 (2BR) $1067/sf 519 | $645,000 (1BR) $1186/sf 428 | $550,000 (0BR) $1273/sf 312 | $492,000 (0BR) $1152/sf 126 | $740,000 (1BR) $948/sf 125 | $650,000 (1BR) $1310/sf

108 | $519,000 (0BR) $1496/sf

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

BRIDGEVIEW /

400 BEALE

6

# TRAN S AC T I ONS D own 45% Ye a r O ve r Y e ar

BRIDGEVIEW SALES B Y $/ S F 2017

Q UA R TE RL Y AVG $1200

A VG D AY S O N MAR K ET Up 4 8 % Ye a r O ve r Ye ar

A V G $/ S F Dow n 16% Ye a r O ve r Y e ar

A VG S AL E S P RICE Up 2 .1% Ye a r O ve r Ye ar

40

$1000

$800

$939

$600

$1,073,235

$400

O N E B ED RO O M

Skybox Realty

12

TWO BE DROOM

2306 | $1,420,000 (2BR) $1169/sf

1601 | $1,320,000 (2BR) $1079/sf 1606 | $1,129,000 (2BR) $929/sf

1107 | $1,075,000 (2BR) $976/sf

1105 | $861,000 (1BR) $1040/sf

814 | $1,706,000 (3BR) $1191/sf

505 | $348,410 (1BR) bmr

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

MUSEUM PARC /

3 0 0 3 RD

1412 | $1,000,000 (1BR) $1239/sf 1201 | $1,305,000 (2BR) $941/sf 1106 | $1,395,000 (2BR) $948/sf 1110 | $630,000 (0BR) $950/sf 1105 | $990,000 (1BR) $1061/sf 1014 | $1,350,000 (2BR) $1163/sf 909 | $615,000 (0BR) $1059/sf 710 | $585,000 (0BR) $944/sf 521 | $750,000 (1BR) $929/sf

Skybox Realty

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# TRAN S AC T I O NS Up 4 3 % Ye a r O ve r Ye ar

A V G DAY S O N MARK ET Dow n 24% Ye a r O ve r Y e ar

A VG $ / S F Up 6 .3% Ye a r O ve r Ye ar

A VG S A L E S P RICE Up 2 0 % Ye a r O ve r Ye ar

10 31 $1,009 $929,000

MUSEUM PARC SA L ES B Y $/ S F 2017

QUARTE RL Y AVG $1400 $1200 $1000 $800 $600

O N E B ED RO OM

TWO BE DROOM

712 | $790,000 (1BR) $979/sf

318 | $1,275,000 (2BR) $827/sf

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

PORTSIDE /

403 M AIN, 3 8 BRYANT

817 | $890,000 (1BR) $965/sf 512 | $1,210,000 (2BR) $1106/sf 517 | $885,000 (1BR) $960/sf 405 | $640,000 (1BR) $1298/sf 203 | $1,120,000 (2BR) $952/sf 120 | $1,085,500 (2BR) $1002/sf

Skybox Realty

504 | $650,000 (1BR) $1346/sf 408 | $675,000 (1BR) $1252/sf 215 | $1,135,000 (2BR) $940/sf

16

# TRAN S AC T I O NS No C h a nge Ye a r O ve r Y e ar

A V G DAY S O N MARK ET Up 1 3 % Ye a r O ve r Ye ar

A VG $ / S F Up .6 3% Ye a r O ve r Ye ar

A VG S A L E S P RICE Up 1 .3% Yea r O ve r Ye ar

12 45 $1,103 $1,005,856

$1600

PORTSIDE SALES B Y $/ S F 2017

Q UA RTE RL Y AVG $1400

$1200

$1000

$800

O N E B ED RO O M

TWO BE DROOM

806 | $750,000 (0BR) $1289/sf 702 | $1,560,000 (2BR) $1171/sf 608 | $1,350,000 (2BR) $1226/sf 503 | $867,777 (1BR) $1016/sf

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

199 NEW MONTGOMERY /

# TRAN S AC T I ONS D own 25% Ye a r O ve r Y e ar

3

1 9 9 NEW MONT GOM ER Y

1 9 9 NEW MONGTOM G ERY S A L ES B Y $/ S F 2017

QUARTE RL Y AVG $1450

A VG D AY S O N MAR K ET Up 1 7 % Ye a r O ve r Ye ar

A V G $/ S F Up 1 .9% Ye a r O ve r Ye ar

A VG S AL E S P RICE Up 1 2 % Yea r O ve r Ye ar

27

$1350

$1250

$1,285

$1150

$811,667

$1050

O N E BE DROOM

Skybox Realty

18

1505 | $915,000 (1BR) $1152/sf 1309 | $940,000 (1BR) $1339/sf 1203 | $580,000 (0BR) $1418/sf

711 | $394,884 (0BR) bmr 611 | $395,841 (0BR) bmr

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

THE CLOCKTOWER LOFTS /

8

# TRAN S AC T I ONS Up 1 0 0% Ye a r O ve r Y e ar

4 6 1 2 nd

CLOCKTOWER LOFT S S A L ES B Y $/ S F 2017

QUARTE RL Y AVG $1200

A VG D AY S O N MAR K ET Up 9 0 % Ye a r O ve r Ye ar

A V G $/ S F Dow n 7.2% Yea r O ve r Y e ar

A VG S AL E S P RICE D own 31% Ye a r O ve r Y e ar

40

$1000

$800

$896

$600

$1,040,000

$400

O N E B ED ROOM

Skybox Realty

20

TWO

651 | $6,250,000 (3BR) $2083/sf 460 | $1,350,000 (2BR) $755/sf 322 | $1,625,000 (1BR) $820/sf 115 | $780,000 (1BR) $1014/sf

218 | $890,000 (1BR) $870/sf

109 | $725,000 (1BR) $1121/sf

114 | $775,000 (1BR) $1029/sf

133 | $925,000 (1BR) $836/sf

129 | $1,625,000 (2BR) $721/sf

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

THE PALMS /

# TRAN S AC T I ONS D own 33% Ye a r O ve r Y e ar

A VG D AY S O N MAR K ET Up 9 1 % Ye a r O ve r Ye ar

A V G $/ S F Dow n 7.7% Yea r O ve r Y e ar

A VG S AL E S P RICE Up 2 .8% Ye a r O ve r Ye ar

555 4 T H

16

2017

Q UA RTERL Y AVG $1200

61

$1000

$1,065

$800

$891,803

$600

O N E B ED RO O M

Skybox Realty

$1400

THE PALMS SALES B Y $/ S F

22

TWO BE DROOM

900 | $1,180,000 (2BR) $1062/sf

921 | $803,000 (1BR) $1177/sf

924 | $700,000 (1BR) $1207/sf

931 | $650,000 (1BR) $1083/sf

827 | $1,250,000 (2BR) $1004/sf

802 | $790,000 (1BR) $----/sf

809 | $1,250,000 (2BR) $1179/sf

744 | $750,000 (1BR) $1109/sf

737 | $789,000 (1BR) $1049/sf

743 | $775,000 (1BR) $1079/sf

618 | $1,150,000 (2BR) $960/sf

613 | $1,200,000 (2BR) $998/sf

530 | $570,000 (0BR) $----/sf

533 | $718,000 (1BR) $1039/sf

511 | $792,000 (1BR) $1143/sf

450 | $1,125,000 (2BR) $967/sf

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

THE BEACON /

250 /2 6 0 KING

1113 | $885,000 (1BR) $1087/sf 1011 | $735,000 (1BR) $847/sf 907 | $765,000 (1BR) $854/sf 867 | $157,565 (1BR) bmr 741 | $745,000 (1BR) $872/sf 639 | $222,952 (1BR) bmr 517 | $688,000 (1BR) $906/sf 401 | $231,224 (0BR) bmr

739 | $775,000 (1BR) $912/sf 617 | $720,000 (1BR) $949/sf 507 | $765,000 (1BR) $854/sf 439 | $835,000 (1BR) $982/sf

267 | $675,000 (1BR) $966/sf

263 | $680,000 (1BR) $983/sf

Skybox Realty

687 | $1,385,000 (2BR) $1031/sf 587 | $1,215,000 (2BR) $904/sf

24

# TRAN S AC T I O NS D own 24% Ye a r O ve r Y e ar

A V G DAY S O N MARK ET Up 7 .1% Ye a r O ve r Ye ar

A VG $ / S F D own 4.8% Yea r O ve r Y e ar

A VG S A L E S P RICE D own 1.9% Ye a r O ve r Y e ar

32 60 $952 $957,103

THE BEACON SAL ES B Y $/ S F 2017

Q U ARTE RL Y AVG $1200 $1000 $800 $600 $400 O N E B ED R OOM

TWO BE DROOM

1600 | $1,300,000 (2BR) $1066/sf

952 | $1,950,000 (3BR) $796/sf 812 | $829,900 (1BR) $935/sf 702 | $1,260,000 (2BR) $854/sf 572 | $1,144,900 (2BR) $1001/sf 436 | $750,000 (1BR) $1049/sf

All Data From SFARMLS

900 | $1,253,000 (2BR) $1028/sf 868 | $749,000 (1BR) $942/sf 718 | $1,175,000 (2BR) $----/sf 606 | $820,000 (1BR) $835/sf 522 | $1,158,888 (2BR) $1029/sf 474 | $1,025,000 (2BR) $967/sf

SOLD

908 | $890,000 (1BR) $1131/sf 804 | $231,224 (0BR) bmr 740 | $1,050,000 (2BR) $1021/sf 682 | $765,000 (1BR) $867/sf 582 | $825,000 (1BR) $935/sf 412 | $825,000 (1BR) $929/sf 370 | $775,000 (1BR) $960/sf

ACTIVE

I N C O N T RA C T

THE BRANNAN /

2 1 9 /2 2 9 /2 3 9 BRANNAN

18A | $3,000,000 (3BR) $1780/sf 16B | $985,000 (1BR) $1340/sf

16K | $1,600,000 (2BR) $1307/sf 16D | $2,600,000 (2BR) $1930/sf

11C | $930,000 (1BR) $1034/sf 9D | $2,300,000 (2BR) $1708/sf

3A | $1,620,000 (2BR) $1328/sf 2D | $1,400,000 (2BR) $1158/sf

Skybox Realty

26

# TRAN S AC T I O NS Up 8 .3 Yea r O ve r Ye ar

A V G DAY S O N MARK ET Dow n 32% Ye a r O ve r Y e ar

A VG $ / S F D own .9% Yea r O ve r Y e ar

A VG S A L E S P RICE Up 9 .7% Yea r O ve r Ye ar

13 40 $1,352 $1,702,308

THE BRANNAN SA L ES B Y $/ S F 2017

QUARTE RL Y AVG $2000 $1750 $1500 $1250 $1000

ONE

TWO BE DROOM

12C | $1,650,000 (2BR) $1249/sf

6E | $1,395,000 (2BR) $1227/sf 5C | $1,500,000 (2BR) $1136/sf 5A | $1,700,000 (2BR) $1329/sf 3C | $1,450,000 (2BR) $1045/sf

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

THE TOWERS /

88 KING

7

# TRAN S AC T I ONS D own 53% Ye a r O ve r Y e ar

THE TOWERS SALES B Y $/ S F 2017

Q UA R TE RL Y AVG $1600

A VG D AY S O N MAR K ET D own 36% Yea r O ve r Y e ar

A V G $/ S F Dow n 4.4% Yea r O ve r Y e ar

A VG S AL E S P RICE D own 1.5% Yea r O ve r Y e ar

45

$1400

$1200

$1,076

$1000

$1,418,000

$800

TWO BE DROOM

Skybox Realty

28

1017 | $1,650,000 (3BR) $1169/sf

1021 | $1,750,000 (2BR) $1575/sf

812 | $1,199,000 (2BR) $1051/sf

425 | $1,377,000 (3BR) $1169/sf 302 | $1,340,000 (2BR) $1227/sf

122 | $1,300,000 (2BR) $954/sf

All Data From SFARMLS

110 | $1,310,000 (2BR) $981/sf

SOLD

ACTIVE

I N C O N T RA C T

170 OFF THIRD /

# TRAN S AC T I ONS D own 38% Ye a r O ve r Y e ar

1 7 7 T OW NSEND

5

1 7 0 OFF THIRD SALE S B Y $/ S F 2017

Q UARTE RL Y AVG $1400

A VG D AY S O N MAR K ET Up 6 .2% Yea r O ve r Ye ar

52

$1300 $1200

A V G $/ S F Up 7 .7% Ye a r O ve r Ye ar

$1,160

$1100 $1000

A VG S AL E S P RICE Up 1 2 % Yea r O ve r Ye ar

$833,400

$900

O N E B ED RO OM

Skybox Realty

30

TWO

1124 | $745,000 (1BR) $1395/sf

825 | $1,285,000 (2BR) $1260/sf 631 | $622,000 (0BR) $----/sf 439 | $368,946 (1BR) bmr

436 | $805,000 (1BR) $1066/sf 327 | $1,099,000 (2BR) $1072/sf 235 | $710,000 (1BR) $1254/sf

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

200 BRANNAN & 1 FEDERAL /

408 | $1,498,000 (2BR) $986/sf 402 | $1,250,000 (1BR) $990/sf

2 0 0 BRANNAN, 1 FED ER AL

441 | $1,540,000 (2BR) $1012/sf 420 | $1,650,000 (2BR) $847/sf 232 | $2,932,500 (3BR) $1226/sf 205 | $1,465,000 (2BR) $977/sf 212 | $1,330,000 (2BR) $877/sf

207 | $1,398,000 (2BR) $917/sf 222 | $880,000 (1BR) $1035/sf 107 | $1,655,000 (2BR) $1018/sf 132 | $945,000 (1BR) $1092/sf 127 | $950,000 (1BR) $1002/sf Skybox Realty

32

# TRAN S AC T I O NS Up 8 6 % Ye a r O ve r Ye ar

A V G DAY S O N MARK ET Dow n 20% Ye a r O ve r Y e ar

A VG $ / S F Up 4 .6% Ye a r O ve r Ye ar

A VG S A L E S P RICE Up 3 4 % Ye a r O ve r Ye ar

13 44 $1,005 $1,403,792

2 0 0 BRANNAN & 1 F EDERA L S A L ES B Y $/ S F 2017

QUARTE RL Y AVG $1400 $1200 $1000 $800 $600

O N E B ED RO O M

TWO BE DROOM

48 | $850,000 (1BR) $1067/sf 3 | $397,156 (0BR) bmr

All Data From SFARMLS

SOLD

ACTIVE

I N C O N T RA C T

GLASSWORKS /

1

# TRAN S AC T I ONS D own 50% Ye a r O ve r Y e ar

A VG D AY S O N MAR K ET D own 92% Yea r O ve r Y e ar

A V G $/ S F Up 9 % Ye a r O ve r Ye ar

A VG S AL E S P RICE D own 13% Ye a r O ve r Y e ar

2 0 7 KING

2015 - 2017 $1100

5

$1000

$1,039

$900

$1,025,000

$800

2015

Skybox Realty

$1200

GLASSWORKS AVG $/ S F

34

2016

2017

413 | $1,688,000 (2BR) $1037/sf

All Data From SFARMLS

412 | $1,025,000 (2BR) $1039/sf

SOLD

ACTIVE

I N C O N T RA C T

Photo Credit Andy Dolich

36

T H E C H A S E C EN T ER Fu tu re Home of th e G olden State Warriors

WORKING WITH MIA

I am dedicated, dynamic and diverse.

I take being responsive to my clients very seriously.

I have a strong intuition for favorable pricing and marketing.

I bring together a team of consultants for optimal results.

I build strong relationships with my clients and focus on their long term goals.

Skybox Realty

38

Mia is a South Beach Realtor-in-Residence and is known as a Realtor to Silicon Valley Tech Startups. With the current tech boom in SF, many of her clients rely on her to relocate their SF hires. The Millennial's relate well with her and she understands the needs of this new generation of Wealth. Her specialty of selling properties in the South Beach area has made her an asset to the tech startup community.

“ Mia Takami is the best realtor that I have ever worked with. Let me give you an

example of how professional, strategic, and caring she is. I own a restaurant in the SoMa area. I live in Southern California and I travel to SF on a weekly basis. I asked Mia to find me a condo close to the restaurant. Knowing that I was a former professional baseball player, she found me a beautiful condo across the street from AT&T Park. It had a living room view of the stadium. I was elated. She negotiated my offer and we closed shortly after. What a pleasant experience. She took care of everything. How did she know my passion was baseball. Amazing! �

- Jeremy Umland Founder & CEO, Ozumo SF/Oakland, Sonoma Wine Garden & 41 Ocean

M I A TA K A M I, M B A

SPECIALIST IN LIFESTYLES & INVESTMENTS

bre 01796537 | 415.728.2596 mia@skyboxrealty.com

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