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Mission Bay

Condo Report 2021 Q2

Vi Pavlicevich | Ranked #1 in Mission Bay 415.828.1114 | vi@skyboxrealty.com


Skybox Realty 2021 Q2 Report

Happy Summer, Neighbors! What a busy Spring it was for the San Francisco condo market! All the fear buyers had about living in a shared building during the pandemic has dwindled, and condo buyers are more active than ever. The number of sold listings in Mission Bay has been rising dramatically month over month. Last October was the slowest month for Mission Bay during COVID. 3 homes sold in October 2020 versus 18 homes sold in May 2021. Inventory was much lower pre-pandemic, but the increased number in sales indicate buyers are ready to reinvest in San Francisco. Not everyone will return to the office full-time, but people are making their way back into the city as they slowly return to work: In the graph below, you can see that prices in Mission Bay are climbing back up. The median sold $/ft went from $997/ft in October 2020 to $1143/ft in May 2021. That’s a 15% increase from the bottom. The recovery is strong, but it will take longer to recover than it did to fall: $1400 $1300 $1200 $1100 $1000 JAN 2020

JAN 2021

As the built-up inventory from COVID is absorbed, continued buyer demand will drive prices up. It’s an exciting time for San Francisco as we see a rebound happening! Whether you’re living in your home or renting your property out, the market is changing fast, and this is a good time to reassess your real estate investments. I’ve helped many clients evaluate their options, and I can do the same with you. Your Mission Bay Specialist, Vi Pavlicevich | 415.828.1114

All Data From SFARMLS


Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

Table of Contents Mission Bay Q2 Snapshot

5

235 Berry

6-9

255 Berry

10 - 13

Arterra

14 - 17

Park Terrace

18 - 21

The Beacon

22 - 25

Madrone

26 - 29

Radiance

30 - 33

Arden

34 - 37

One Mission Bay

38 - 41

2021 Q2 Solds

42 - 45

Who You Work With Matters

46 - 47

© Skybox Realty Inc, 2021

3


Oracle Park E N TH CO A BE

Ch in a Ba sin Pa rk

Caltrain BE

R

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5 23 RRY BE

ONE BAY MISSION

5 25 RRY BE

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N

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BL VD NO RT H M IS SI O N BA Y

LVD IS B

ST CH IN A BA SI N

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3R D ST

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FRA RY A

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ST

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5 32 RRY BE

M

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MISSION BAY SO UT H ST O W EN S ST

UCSF Mission Bay

The Chase Center

I 280

16 TH ST

TE NN ES S

M ISS ISS IP PI ST

M ar ip os a Pa rk M AR IP O SA ST

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UCSF Medical Center


Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

Mission Bay 2021 Q2 # of Transactions

52

247% YOY /

16% QOQ

Average Sales Price

$1,299,137 16% YOY /

3.4% QOQ

* Median Price $1,274,500

Average Price per Square Foot

$1,126 7.5% YOY /

2.3% QOQ

Average Days on the Market

35

25% YOY /

41% QOQ

© Skybox Realty Inc, 2021

5


235 Berry

316 | $1,760,000 (2BR) $1093/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

314 | $1,562,211 (2BR) $1100/sf

© Skybox Realty Inc, 2021

7


235 Berry

# of Transactions

2

100% YOY /

33% QOQ

Average Sales Price

$1,661,106 100% YOY /

11% QOQ

* Median Price $1,661,106

Price Per SF Q2

$1,097/SF

Q1

$1,088/SF

A VG $/ S F

MED I A N $/S F

Q4 Q3

$1,065/SF $800

$900

$1000

$1100

All Data From SFARMLS


235 Berry

Average $/SF

$1,097 100% YOY /

Average Days on Market

33

.83% QOQ

Buyer Demographic

100% YOY /

CASH

48% QOQ

LO A N

UN K N O WN

N o Sa les in 2 0 2 0 Q4

2 0 2 0 Q4

© Skybox Realty Inc, 2021

2021 Q 1

2021 Q 2

9


255 Berry

708 | $2,995,000 (2BR) $1230/sf 606 | $1,400,000 (2BR) $1036/sf

115 | $1,650,000 (3BR) $967/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

518 | $1,250,000 (2BR) $1190/sf 413 | $1,200,000 (2BR) $1143/sf

114 | $2,149,000 (3BR) $1102/sf

© Skybox Realty Inc, 2021

11


255 Berry

# of Transactions

4

300% YOY /

33% QOQ

Average Sales Price

$1,375,000 14% YOY /

1.1% QOQ

* Median Price $1,325,000

Price Per SF Q2

$1,084/SF

Q1

$1,056/SF

Q4

$1068/SF

Q3

$1,123/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1100

$1200

All Data From SFARMLS


255 Berry

Average $/SF

$1,084 7.3% YOY /

Average Days on Market

31

2.7% QOQ

Buyer Demographic

2 0 2 0 Q4

© Skybox Realty Inc, 2021

675% YOY /

CASH

2021 Q 1

57% QOQ

LO A N

UN K N O WN

2021 Q 2

13


Arterra

1306 | $835,000 (1BR) $1203/sf

809 | $808,000 (1BR) $1353/sf

118 | $989,000 (1BR) $1114/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

503 | $795,000 (1BR) $1086/sf

© Skybox Realty Inc, 2021

15


Arterra

# of Transactions

1

50% YOY /

83% QOQ

Average Sales Price

$808,000 26% YOY /

.7% QOQ

* Median Price $808,000

Price Per SF Q2

$1,353/SF

Q1

$1,103/SF

Q4

$1,068/SF

Q3

$1,224/SF $1050

A VG $/ S F

$1150

MED I A N $/S F

$1250

$1350

All Data From SFARMLS


300 Berry

Average $/SF

$1,353 2.2% YOY /

Average Days on Market

2

23% QOQ

Buyer Demographic

2 0 2 0 Q4

© Skybox Realty Inc, 2021

97% YOY /

CASH

2021 Q 1

96% QOQ

LO A N

UN K N O WN

2021 Q 2

17


Park Terrace

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

403 | $1,050,000 (1BR) $1144/sf

© Skybox Realty Inc, 2021

19


Park Terrace

# of Transactions

0

100% YOY /

100% QOQ

Average Sales Price

----

100% YOY /

100% QOQ

* Median Price $1,275,000

Price Per SF

A VG $/ S F

MED I A N $/S F

Q2 Q1

$1,068/SF

Q4

$1,324/SF

Q3

$1,059/SF $1050

$1150

$1250

$1350

All Data From SFARMLS


325 Berry

Average $/SF

----

100% YOY /

Average Days on Market

----

100% QOQ

Buyer Demographic

100% YOY /

CASH

100% QOQ

LO A N

UN K N O WN

No Sales in 2021 Q 2

2 0 2 0 Q4

© Skybox Realty Inc, 2021

2021 Q 1

2021 Q 2

21


The Beacon

535 | $1,219,000 (2BR) $991/sf 469 | $1,149,000 (1BR) $1536/sf

815 | $835,000 (1BR) $925/sf 771 | $912,500 (2BR) $925/sf 607 | $798,888 (1BR) $892/sf 549 | $1,095,000 (2BR) $890/sf 457 | $949,000 (1BR) $860/sf

1606 | $905,000 (1BR) $922/sf 1504 | $630,000 (1BR) $1059/sf

1214 | $860,000 (1BR) $894/sf

778 | $1,101,000 (2BR) $981/sf

852 | $1,850,000 (3BR) $1119/sf 760 | $815,000 (1BR) $897/sf 634 | $735,000 (1BR) $967/sf

368 | $610,000 (1BR) $1030/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

1415 | $875,000 (1BR) $967/sf

729 | $660,000 (1BR) $1100/sf 609 | $781,500 (1BR) $926/sf 525 | $930,000 (2BR) $950/sf 401 | $306,949 (0BR) bmr

779 | $999,000 (2BR) $1003/sf 673 | $1,080,000 (2BR) $1094/sf 535 | $1,146,000 (2BR) $932/sf 501 | $699,000 (1BR) $994/sf

960 | $799,000 (1BR) $879/sf 704 | $649,000 (1BR) $1106/sf 730 | $1,362,000 (2BR) $963/sf 604 | $649,888 (1BR) $1107/sf 501 | $699,000 (1BR) $994/sf 468 | $792,000 (1BR) $966/sf 372 | $838,000 (1BR) $1114/sf 268 | $595,000 (1BR) $1005/sf

© Skybox Realty Inc, 2021

912 | $780,000 (1BR) $878/sf 780 | $1,115,000 2BR) $976/sf 628 | $750,000 (1BR) $866/sf 532 | $765,000 (1BR) $1068/sf

23


The Beacon

# of Transactions

16

167% YOY /

45% QOQ

Average Sales Price

$973,313 6.9% YOY /

12% QOQ

* Median Price $908,750

Price Per SF Q2

$966/SF

Q1

$924/SF

Q4

$922/SF

Q3

$931/SF $850

A VG $/ S F

$950

MED I A N $/S F

$1050

$1150

All Data From SFARMLS


250 / 260 King

Average $/SF

$966 14% YOY /

Average Days on Market

57

4.5% QOQ

Buyer Demographic

2 0 2 0 Q4

© Skybox Realty Inc, 2021

54% YOY / ---- QOQ

CASH

2021 Q 1

LO A N

UN K N O WN

2021 Q 2

25


Madrone

1403 | $2,001,000 (2BR) $1281/sf

811 | $1,830,000 (2BR) $1462/sf

547 | $1,880,000 (2BR) $1116/sf 445 | $1,715,000 (2BR) $1161/sf 333 | $1,350,000 (2BR) $1201/sf 213 | $995,000 (1BR) $1180/sf 104 | $1,800,000 (2BR) $1101/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

1008 | $1,908,000 (2BR) $1402/sf

704 | $1,100,000 (1BR) $1166/sf 606 | $1,160,000 (1BR) $1226/sf 544 | $1,645,000 (2BR) $1199/sf 315 | $1,595,000 (2BR) $1150/sf 313 | 1,599,000 (2BR) $1311/sf 218 | $968,000 (1BR) $1155/sf 113 | $950,000 (1BR) $1072/sf 108 | $950,000 (1BR) $1118/sf

© Skybox Realty Inc, 2021

27


Madrone

# of Transactions

10

100% YOY /

150% QOQ

Average Sales Price

$1,349,667 100% YOY /

30% QOQ

* Median Price $1,255,000

Price Per SF Q2

$1,205/SF

Q1

$1,283/SF

A VG $/ S F

MED I A N $/S F

Q4 Q3

$1,257/SF $1000

$1100

$1200

$1300

All Data From SFARMLS


420 / 480 Mission Bay, 435 China Basin

Average $/SF

$1,205 100% YOY /

Average Days on Market

31

6.1% QOQ

Buyer Demographic

100% YOY /

CASH

64% QOQ

LO A N

UN K N O WN

N o Sa les in 2 0 2 0 Q4

2 0 2 0 Q4

© Skybox Realty Inc, 2021

2021 Q 1

2021 Q 2

29


Radiance

802 | $2,095,000 (2BR) $1293/sf

516 | $1,750,000 (2BR) $1123/sf 410 | $1,799,000 (2BR) $1292/sf

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

903 | $1,575,000 (2BR) $1473/sf

506 | $1,320,506 (2BR) $1285/sf

201 | $1,350,000 (2BR) $1247/sf 116 | $1,599,000 (2BR) $1019/sf

© Skybox Realty Inc, 2021

31


Radiance

# of Transactions

4

300% YOY /

300% QOQ

Average Sales Price

$1,461,127 27% YOY /

32% QOQ

* Median Price $1,462,500

Price Per SF Q2

$1,256/SF

Q1

$1,098/SF

Q4

$1,132/SF

A VG $/ S F

MED I A N $/S F

Q3 $1100

$1150

$1200

$1250

All Data From SFARMLS


330 Mission Bay, 325 China Basin

Average $/SF

$1,256 18% YOY /

Average Days on Market

25

14% QOQ

Buyer Demographic

2 0 2 0 Q4

© Skybox Realty Inc, 2021

59% YOY /

CASH

2021 Q 1

316% QOQ

LO A N

UN K N O WN

2021 Q 2

33


Arden

1605 | $2,550,008 (2BR) $1625/sf 1503 | $2,798,000 (3BR) $1486/sf

1207 | $2,450,000 (3BR) $1469/sf

806 | $1,795,000 (2BR) $1438/sf 610 | $1,650,500 (2BR) $1261/sf 413 | $1,500,000 (1BR) $1376/sf

424 | $1,625,0

218 | $2,425,000 (3BR) $1281/sf

200 | $990,00

All Data From SFARMLS


OFF MAR KET

SO L D

ACTI V E

IN CONTRACT

1405 | $2,210,000 (2BR) $1421/sf

000 (2BR) $1303/sf

00 (1BR) $1125/sf

© Skybox Realty Inc, 2021

708 | $1,625,000 (2BR) $1307/sf 615 | $1,825,000 (2BR) $1267/sf 501 | $1,450,000 (2BR) $1298/sf 423 | $1,049,000 (1BR) $1268/sf 323 | $990,000 (1BR) $1125/sf 211 | $1,390,000 (1BR) $1195/sf 110 | $1,399,000 (1BR) $1283/sf

35


Arden

# of Transactions

8

167% YOY /

33% QOQ

Average Sales Price

$1,707,938 4.3% YOY /

11% QOQ

* Median Price $1,562,500

Price Per SF Q2

$1,309/SF

Q1

$1,310/SF

Q4

$1,253/SF

Q3

$1,259/SF $1100

A VG $/ S F

$1200

MED I A N $/S F

$1300

$1400

All Data From SFARMLS


708 / 718 Long Bridge

Average $/SF

$1,309 1.6% YOY /

Average Days on Market

32

.1% QOQ

Buyer Demographic

2 0 2 0 Q4

© Skybox Realty Inc, 2021

63% YOY /

CASH

2021 Q 1

43% QOQ

LO A N

UN K N O WN

2021 Q 2

37


One Mission Bay Resales

1106 | $1,698,000 (2BR) $1340/sf 906 | $1,378,000 (2BR) $1192/sf 713 | $1,199,000 (2BR) $1194/sf 611 | $1,488,888 (2BR) $1284/sf 514 | $1,100,000 (1BR) $1451/sf 409 | $1,048,000 (1BR) $1273/sf 326 | $825,000 (1BR) $1533/sf

706 | $1,399,00

104 | $1,299,000 (2BR) $1261/sf

All Data From SFARMLS


OFF MAR KET

SOL D

ACTI V E

I N C O NT R A C T

1506 | $1,699,000 (2BR) $1341/sf

1202 | $3,300,000 (2BR) $1806/sf 1102 | $2,998,000 (3BR) $1641/sf 1105 | $1,588,000 (2BR) $1304/sf

00 (2BR) $1210/sf

820 | $988,000 (1BR) $1229/sf 607 | $1,450,000 (2BR) $995/sf 626 | $1,088,000 (1BR) $1303/sf 412 | $987,000 (1BR) $1287/sf 312 | $809,000 (0BR) $1593/sf 106 | $1,485,000 (2BR) $1242/sf

© Skybox Realty Inc, 2021

39


One Mission Bay Resales

# of Transactions

7

250% YOY /

133% QOQ

Average Sales Price

$1,255,698 33% YOY /

2.8% QOQ

* Median Price $1,299,000

Price Per SF Q2

$1,197/SF

Q1

$1,278/SF

Q4

$1,237/SF

Q3

$1,292/SF $1000

A VG $/ S F

$1100

MED I A N $/S F

$1200

$1300

All Data From SFARMLS


1000 3rd, 110 Channel

Average $/SF

$1,197 15% YOY /

Average Days on Market

42

6.3% QOQ

Buyer Demographic

2 0 2 0 Q4

© Skybox Realty Inc, 2021

29% YOY /

CASH

2021 Q 1

61% QOQ

LO A N

UN K N O WN

2021 Q 2

41


Skybox Realty 2021 Q2 Report

2021 Q2 Sales Address

BR / BA

SQFT

250 King 368 250 King 1504 250 King 912 260 King 609 250 King 468 250 King 960 300 Berry 809 250 King 1214 250 KIng 1606 260 King 771 260 King 525 435 China Basin 113 435 China Basin 218 1000 3rd 412 1000 3rd 820 718 Long Bridge 323 435 China Basin 213 260 King 779 420 Mission Bay 704 250 King 778 250 King 780 260 King 535 420 Mission Bay 606 1000 3rd 713 255 Berry 413 255 Berry 518 110 Channel 104

1 1 1 1 1 1 1 1 1 2 2 1 1 1 1 1 1 2 1 2 2 2 1 2 2 2 2

799 799 273 811 801 850 577 962 850 899 850 886 838 828 833 880 843 996 943 1122 1142 1230 946 1004 1050 1050 ----

/ / / / / / / / / / / / / / / / / / / / / / / / / / /

1 1 1 1 1 1 1 1 1 2 2 1 1 1 1 1 1 2 1 2 2 2 1 2 2 2 2

All Data From SFARMLS


Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

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

Sale Price

$/SF

% Sale/List

$610,000 $630,000 $780,000 $781,500 $792,000 $799,000 $808,000 $860,000 $905,000 $912,500 $930,000 $975,000 $968,000 $987,000 $988,000 $1,050,000 $998,000 $999,000 $1,100,000 $1,101,000 $1,115,000 $1,146,000 $1,148,000 $1,199,000 $1,200,000 $1,250,000 $1,299,000

$1,030.41 $1,058.82 $878.38 $949.57 $996.23 $878.99 $1,353.43 $893.97 $921.59 $924.52 $949.95 $1,072.23 $1,155.13 $1,286.83 $1,228.86 $1,125.00 $1,180.31 $1,003.01 $1,166.49 $981.28 $976.36 $931.71 $1,226.02 $1,194.22 $1,142.86 $1,190.48 ----

100.00 97.07 97.62 97.81 113.47 100.00 115.76 98.96 97.84 91.25 100.54 97.44 100.00 100.00 97.34 94.29 99.70 100.00 94.83 97.61 98.24 94.01 101.05 100.00 104.35 104.25 100.00

© Skybox Realty Inc, 2021

43


Skybox Realty 2021 Q2 Report

2021 Q2 Sales cont... Address

BR / BA

SQFT

330 Mission Bay 506 435 China Basin 333 250 King 730 1000 3rd 906 708 Long Bridge 211 255 Berry 606 110 Channel 607 110 Channel 611 708 Long Bridge 413 235 Berry 314 330 Mission Bay 903 330 Mission Bay 116 708 Long Bridge 708 255 Berry 115 708 Long Bridge 610 435 China Basin 445 235 Berry 316 250 King 852 480 Mission Bay 1008 420 Mission Bay 1403 718 Long Bridge 1405 718 Long Bridge 1503 330 Mission Bay 201 718 Long Bridge 501 435 China Basin 547

2 2 2 2 1 2 2 2 1 2 2 2 2 3 2 2 2 3 2 2 2 3 2 2 2

1028 1124 1415 1156 1163 1351 1457 1160 1137 1420 ---1569 1243 1707 1309 1477 1610 1653 1361 1562 1555 1883 1083 1156 1685

/ / / / / / / / / / / / / / / / / / / / / / / / /

2 1 2 2 2 2 2 2 2 2 2 2 2 3 2 2 2.5 2 2 2 2 3 2 2 2.5

All Data From SFARMLS


Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

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

Sale Price

$/SF

% Sale/List

$1,320,506 $1,350,000 $1,362,000 $1,378,000 $1,390,000 $1,400,000 $1,450,000 $1,488,888 $1,500,000 $1,562,211 $1,575,000 $1,599,000 $1,625,000 $1,650,000 $1,650,500 $1,715,000 $1,760,000 $1,850,000 $1,908,000 $2,001,000 $2,210,000 $2,798,000 $1,350,000 $1,500,000 $1,880,000

$1,284.54 $1,201.07 $962.54 $1,192.04 $1,195.18 $1,036.27 $995.20 $1,283.52 $1,376.15 $1,100.15 ---$1,019.12 $1,307.32 $966.61 $1,260.89 $1,161.14 $1,093.17 $1,119.81 $1,401.91 $1,281.05 $1,421.22 $1,485.93 $1,246.54 $1,297.58 $1,115.73

101.66 96.50 99.49 98.78 107.34 100.86 100.00 97.63 107.30 100.01 105.14 100.00 98.01 97.35 103.22 100.94 98.60 97.63 107.37 111.23 96.17 10000 105.47 103.45 100.59

© Skybox Realty Inc, 2021

45


Skybox Realty 2021 Q2 Report

Vi Pavlicevich

Vi in Mission Bay (2015 - Present) # of Transactions

46+

Sold Volume

$69,637,301 All Data From SFARMLS


Vi Pavlicevich | 415.828.114 | vi@skyboxrealty.com

*

Off Market Listings 110 Channel 409 | 1BR, 1BA | 823 SF Arden 200, 1207 | Call For Details & Pricing

Vi Pavlicevich 5-Year Fast Facts # of Transactions

143+ Sold Volume

$170,881,943 © Skybox Realty Inc, 2021

47


Ranked #1 in Mission Bay

Vi Pavlicevich 415.828.1114 | dre 01906246 vi@skyboxrealty.com www.vipavlicevich.com

Profile for Skybox Realty

2021 Q2 Condo Report / Mission Bay  

2021 Q2 / Mission Bay Condo Report presented by Vi Pavlicevich, Skybox Realty | Ranked #1 in Mission Bay

2021 Q2 Condo Report / Mission Bay  

2021 Q2 / Mission Bay Condo Report presented by Vi Pavlicevich, Skybox Realty | Ranked #1 in Mission Bay

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