2024 Q3 / South Beach & Yerba Buena Condo Report

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

South Beach & Yerba Buena

Condo Report 2024 Q3

Paul Hwang | Ranked #1 in South Beach 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2024

1

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Dear Neighbors, Fall is upon us, as Q3 has come and gone. Prices have stabilized, as sellers have accepted lower pricing. Office space continues to be unused at historically high vacancy rates. Union Square has continued to spiral. Condominium sales have passed through their seasonal highs, and we have entered into the slow season.

One bedroom sales have been much slower compared to two bedroom sales.

There has been much talk of the effect of the Federal Reserve cut in interest rates. Are additional rate cuts in 2025 beneficial for condominium sales in San Francisco? We must examine the underlying reason the Fed would cut rates. Although they would make home purchases more affordable, it also likely means the economy is suffering. The inverted yield curve of the past 20 months suggests recession is near. I believe cutting rates would be an indicator of a slow economy. Any kind of recession may be a mild one as companies have already started to cut costs.

Rents have held up very well and are constant. What lies ahead?

The future depends on the leaders we elect. The elections are your chance to voice your opinion. Please vote! We would love to help you with any of your real estate needs, just give us a call.

Best Regards, Paul Hwang, 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.

3

Skybox Realty 2024 Q3 Report

Table of Contents

South Beach & Yerba Buena Q3 Snapshot

6-7

Historical Data

8-9

The Infinity

10 - 13

Lumina Resales

14 - 17

The Harrison Resales

18 - 21

One Rincon Hill

22 - 25

The Metropolitan

26 - 29

Watermark

30 - 33

One Hawthorne

34 - 37

The Brannan

38 - 41

Millennium Tower

42 - 45

72 Townsend

46 - 49

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Portside

50 - 53

Bridgeview

54 - 57

Baycrest

58 - 61

The Towers

62 - 65

200 Brannan

66 - 69

2024 Q3 Sales

70 - 75

181 Fremont

76 - 77

Mira

78 - 79

The Avery

80 - 81

Four Seasons Residences

82 - 83

One Steuart Lane

84 - 85

Who You Work With Matters

86 - 87

© Skybox Realty Inc, 2024

5

Skybox Realty 2024 Q3 Report

South Beach 2024 Q3 * Does not include new construction.

# of Transactions

54

29% YOY /

13% QOQ

Average Sales Price

$1,343,540 5.1% YOY /

9.8% QOQ * Median Price $1,292,500

Average Price per Square Foot

$1,106 .18% YOY /

7.8% QOQ

Average Days on the Market

57

14% YOY /

6.6% QOQ

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Yerba Buena 2024 Q3 # of Transactions

10

23% YOY /

41% QOQ

Average Sales Price

$1,075,747 34% YOY /

24% QOQ

* Median Price $980,000

Average Price per Square Foot

$908 7.9% YOY /

8.2% QOQ

Average Days on the Market

148 74% YOY /

196% QOQ

© Skybox Realty Inc, 2024

7

Skybox Realty 2024 Q3 Report

Historical Data * Includes new construction marketed on MLS.

# of Transactions

S O U TH B E ACH

YERB A B UEN A

150 125 100 75 50 25 2014

2016

2018

Average Sales Price

2020

2022

S O U T H B E ACH

2024

YERB A B UEN A

$3M $2.6M $2.2M $1.8M $1.4M $1M 2014

2016

2018

2020

2022

2024

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

Average $/SF

S O U TH B E ACH

YERB A B UEN A

$1.5K $1.4K $1.3K $1.2K $1.1K $1K 2014

2016

2018

Average DOM

2020

S O U TH B E ACH

2022

2024

YERB A B UEN A

120 100 80 60 40 20 2014

2016

2018

© Skybox Realty Inc, 2024

2020

2022

2024

9

The Infinity

D35D | $2,995,000 (3BR) $1731/sf

D21D | $2,999,000 (2BR) $2270/sf

D9E | $1,179,000 (2BR) $1028/sf D8H | $779,000 (1BR) $1,063/sf

A3A | $1,289,000 (2BR) $1012/sf

A4G | $637,500 (1BR) $1165/sf A3G | $855,000 (1BR) $1009/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

B35F | $1,825,000 (2BR) $1379/sf

B27A | $1,290,000 (2BR) $1109/sf

B20A | $1,299,000 (2BR) $1124/sf B19C | $1,149,000 (1BR) $1516/sf B18F | $1,435,000 (2BR) $1098/sf

B11C | $899,000 (1BR) $1111/sf

C8E | $650,000 (0BR) $1144/sf B7B | Call For Price (2BR) 1812 sf C5K | $804,375 (1BR) $970/sf C4J | $849,000 (1BR) $1019/sf

B7A | $1,225,000 (2BR) $1053/sf B5B | $1,870,000 (2BR) $1014/sf

C2A | $845,000 (1BR) $775/sf

© Skybox Realty Inc, 2024

11

The Infinity

# of Transactions

7

---- YOY / ---- QOQ

Average Sales Price

$1,403,125 7.9% YOY /

20% QOQ

* Median Price $1,225,000

Price Per SF Q3

$1,149/SF

Q2

$1,163/SF

Q1

$1,040/SF

Q4

$1,142/SF $1000

A VG $/ S F

$1100

MED I A N $/S F

$1200

$1300

All Data From SFARMLS

301 / 333 Main, 318 / 338 Spear

Average Days on Market

Average $/SF

55

$1,149 2.1% YOY /

1.3% QOQ

38% YOY /

Buyer Demographic

2 0 2 4 Q1

CASH

2024 Q 2

© Skybox Realty Inc, 2024

7.8% QOQ

LO A N

UN K N O WN

2024 Q 3

13

Lumina

D35E | $3,198,000 (3BR) $1786/sf D33D | $1,250,000 (1BR) $1298/sf

D26C | $2,400,000 (2BR) $1604/sf D23G | $1,900,000 (2BR) $1356/sf D22F | $1,595,000 (2BR) $1351/sf

D10D | $989,000 (1BR) $1133/sf C8K | $1,750,000 (1BR) $1298/sf C7F | $795,000 (1BR) $864/sf D7H | $920,000 (1BR) $1077/sf

C7G | $1,798,000 (2BR) $1272/sf

D4G | $1,455,000 (2BR) $1039/sf

D4F | $1,385,000 (2BR) $1173/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

B32E | $2,875,000 (3BR) $1612/sf

B28G | $2,300,000 (2BR) $1642/sf B26A | $2,200,000 (2BR) $1608/sf B25F | $1,695,888 (2BR) $1424/sf

B17H | $999,000 (1BR) $1174/sf

B11F | $1,509,500 (2BR) $1267/sf B10F | $1,499,000 (2BR) $1259/sf A8C | $1,149,000 (1BR) $1301/sf A7F | $2,695,000 (3BR) $1500/sf

© Skybox Realty Inc, 2024

A8H | $1,718,000 (2BR) $1336/sf

15

Lumina

# of Transactions

7

---- YOY / ---- QOQ

Average Sales Price

$1,888,627 .5% YOY /

28% QOQ

* Median Price $1,695,888

Price Per SF Q3

$1,354/SF

Q2

$1,510/SF

Q1

$1,269/SF

Q4

$1,366/SF $1000

A VG $/ S F

$1200

MED I A N $/S F

$1400

$1600

All Data From SFARMLS

318 / 338 Main, 333 Beale, 201 Folsom

Average Days on Market

Average $/SF

31

$1,354 5.5% YOY /

10% QOQ

72% YOY /

Buyer Demographic

2 0 2 4 Q1

CASH

2024 Q 2

© Skybox Realty Inc, 2024

61% QOQ

LO A N

UN K N O WN

2024 Q 3

17

The Harrison

28C | $2,050,000 (2BR) $1537/sf

17B | $1,548,000 (2BR) $1181/sf

9H | $868,000 (1BR) $1144/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

44A | $3,300,000 (2BR) $2021/sf 41B | $3,599,988 (3BR) $1818/sf 40E | $2,295,000 (2BR) $1807/sf

31C | $2,299,000 (2BR) $1723/sf

26B | $1,599,000 (2BR) $1220/sf

18F | $1,145,000 (1BR) $1380/sf 17D | $1,898,000 (2BR) $1463/sf

10D | $759,000 (1BR) $1250/sf

6F | $1,498,888 (2BR) $1209/sf 5F | $1,275,000 (2BR) $1027/sf

© Skybox Realty Inc, 2024

19

The Harrison

# of Transactions

1

---- YOY /

50% QOQ

Average Sales Price

$2,050,000 138% YOY /

4.1% QOQ

* Median Price $2,050,000

Price Per SF Q3

$1,537/SF

Q2

$1,353/SF

Q1

$1,085/SF

Q4

$1,444/SF $900

A VG $/ S F

$1100

MED I A N $/S F

$1300

$1500

All Data From SFARMLS

401 Harrison

Average Days on Market

Average $/SF

131

$1,537 26% YOY /

14% QOQ

555% YOY /

Buyer Demographic

2 0 2 4 Q1

CASH

2024 Q 2

© Skybox Realty Inc, 2024

105% QOQ

LO A N

UN K N O WN

2024 Q 3

21

One Rincon Hill

3401 | $999,000 (1BR) $1194/sf

2603 | $1,675,000 (2BR) $1311/sf

1506 | $1,445,000 (2BR) $1167/sf

1107 | $899,000 (1BR) $1098/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

5802 | $2,650,000 (3BR) $1767/sf

4706 | $1,998,000 (2BR) $1614/sf

3803 | $1,735,000 (2BR) $1358/sf 3705 | $938,800 (1BR) $1322/sf 3505 | $799,900 (1BR) $1127/sf 3406 | $1,699,000 (2BR) $1372/sf

2704 | $580,000 (1BR) $959/sf 2602 | $2,075,000 (2BR) $1585/sf 2501 | $995,000 (1BR) $1189/sf 2402 | $2,085,000 (12R) $1593/sf

1508 | $860,000 (1BR) $1139/sf 1407 | $860,000 (1BR) $1050/sf 1105 | $699,000 (1BR) $985/sf 1008 | $835,000 (1BR) $1106/sf

© Skybox Realty Inc, 2024

23

One Rincon Hill

# of Transactions

5

400% YOY /

67% QOQ

Average Sales Price

$1,799,000 145% YOY /

17% QOQ

* Median Price $1,735,000

Price Per SF Q3

$1,326/SF

Q2

$1,227/SF

Q1

$1,234/SF

Q4

$1,194/SF $1100

A VG $/ S F

$1200

MED I A N $/S F

$1300

$1400

All Data From SFARMLS

425 1st, 489 Harrison

Average Days on Market

Average $/SF

73

$1,326 9.1% YOY /

8.1% QOQ

204% YOY /

Buyer Demographic

2 0 2 4 Q1

CASH

2024 Q 2

© Skybox Realty Inc, 2024

28% QOQ

LO A N

UN K N O WN

2024 Q 3

25

The Metropolitan

N503 | $779,000 (1BR) $1093/sf N305 | $745,000 (1BR) $1051/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

S1802 | $1,468,000 (2BR) $1259/sf

S910 | $708,500 (1BR) $1050/sf S810 | $749,000 (1BR) $1110/sf S710 | $799,000 (1BR) $1184/sf S408 | $629,000 (1BR) $1117/sf S301 | $598,888 (1BR) $909/sf S202 | $899,000 (2BR) $949/sf

© Skybox Realty Inc, 2024

27

The Metropolitan

# of Transactions

4

33% YOY /

300% QOQ

Average Sales Price

$887,625 31% YOY /

15% QOQ

* Median Price $726,750

Price Per SF Q3

$1,119/SF

Q2

$1,087/SF

A VG $/ S F

MED I A N $/S F

Q1 Q4

$1,121/SF $900

$1000

$1100

$1200

All Data From SFARMLS

333 / 355 1st

Average Days on Market

Average $/SF

83

$1,119 5.1% YOY /

2.9% QOQ

186% YOY /

Buyer Demographic

CASH

361% QOQ

LO A N

UN K N O WN

N o Sa les in 2 0 2 4 Q1

2 0 2 4 Q1

2024 Q 2

© Skybox Realty Inc, 2024

2024 Q 3

29

Watermark

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

12H | $1,748,888 (2BR) $1506/sf 11F | $428,206 (2BR) bmr 10C | $828,000 (1BR) $1034/sf

7B | $1,200,000 (2BR) $1178/sf

© Skybox Realty Inc, 2024

31

Watermark

# of Transactions

0

100% YOY /

100% QOQ

Average Sales Price

$---100% YOY /

100% QOQ

* Median Price $----

Price Per SF

A VG $/ S F

MED I A N $/S F

Q3 Q2

$1,019/SF

Q1

$1,347/SF

Q4 $1050

$1150

$1250

$1350

All Data From SFARMLS

501 Beale

Average Days on Market

Average $/SF

$----

----

Buyer Demographic

CASH

100% YOY /

100% QOQ

100% YOY /

100% QOQ

LO A N

UN K N O WN

No Sales in 2024 Q 3

2 0 2 4 Q1

2024 Q 2

© Skybox Realty Inc, 2024

2024 Q 3

33

One Hawthorne

3A | $748,000 (1BR) $878/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

23G | $1,250,000 (1BR) $----/sf

19E | $1,250,000 (2BR) $1006/sf 18F | $1,750,000 (2BR) $1267/sf

14C | $1,500,000 (2BR) $1142/sf 11C | $1,328,000 (2BR) $1005/sf

3D | $725,000 (1BR) $862/sf

© Skybox Realty Inc, 2024

35

One Hawthorne

# of Transactions

Average Sales Price

---- YOY /

---- YOY /

0

100% QOQ

$----

100% QOQ

* Median Price $----

Price Per SF

A VG $/ S F

MED I A N $/S F

Q3 Q2

$910/SF

Q1 Q4 $600

$800

$1000

$1200

All Data From SFARMLS

1 Hawthorne

Average $/SF

Average Days on Market

---- YOY /

---- YOY /

100% QOQ

CASH

LO A N

----

$----

100% QOQ

Buyer Demographic

N o Sa les in 2 0 2 4 Q1

2 0 2 4 Q1

UN K N O WN

No Sales in 2024 Q 3

2024 Q 2

© Skybox Realty Inc, 2024

2024 Q 3

37

The Brannan

2F | $1,898,888 (2BR) $1437/sf

10G | $1,535,000 (2BR) $1012/sf

2D | $1,698,000 (2BR) $1209/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

12D | $1,299,000 (2BR) $1107/sf 10G | $1,725,000 (2BR) $1138/sf 10D | $1,335,000 (2BR) $1138/sf

5D | $1,248,000 (2BR) $1064/sf 5A | $1,528,000 (2BR) $1195/sf

© Skybox Realty Inc, 2024

39

The Brannan

# of Transactions

3

50% YOY /

40% QOQ

Average Sales Price

$1,529,333 35% YOY /

6.4% QOQ

* Median Price $1,528,000

Price Per SF Q3

$1,157/SF

Q2

$1,335/SF

Q1

$1,053/SF

Q4

$978/SF $900

A VG $/ S F

$1100

MED I A N $/S F

$1300

$1500

All Data From SFARMLS

219 / 229 / 239 Brannan

Average Days on Market

Average $/SF

46

$1,157 11% YOY /

13% QOQ

73% YOY /

Buyer Demographic

2 0 2 4 Q1

CASH

2024 Q 2

© Skybox Realty Inc, 2024

130% QOQ

LO A N

UN K N O WN

2024 Q 3

41

Millennium Tower PH6 | $1,249,000 (1BR) $765/sf PH1 | $1,250,000 (2BR) $640/sf

50B | $7,250,000 (2BR) $2187/sf

28C | $1,895,000 (3BR) $873/sf

406 | $1,275,000 (1BR) $781/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

PH3 | $1,398,000 (2BR) $1036/sf PHD | $4,995,000 (2BR) $2240/sf 55A | $3,975,000 (2BR) $1469/sf 52B | $6,500,000 (3BR) $1961/sf

46F | $1,450,000 (2BR) $961/sf 45C | $1,800,000 (2BR) $1124/sf

40E | $1,605,000 (2BR) $936/sf

34F | $1,495,000 (2BR) $923/sf

29C | $1,995,000 (2BR) $919/sf 28A | $1,069,000 (2BR) $705/sf

25J | $1,195,000 (2BR) $960/sf 23D | $699,900 (1BR) $887/sf 20G | $995,000 (2BR) $799/sf 18E | $900,000 (2BR) $820/sf 15D | $615,000 (1BR) $779/sf

5E | $799,800 (2BR) $704/sf 3F | $1,000,000 (2BR) $542/sf

© Skybox Realty Inc, 2024

43

Millennium Tower

# of Transactions

6

50% YOY /

500% QOQ

Average Sales Price

$1,360,833 28% YOY /

70% QOQ

* Median Price $1,427,500

Price Per SF Q3

$816/SF

Q2

$663/SF

A VG $/ S F

MED I A N $/S F

Q1 Q4

$808/SF $700

$800

$9 00

$1000

All Data From SFARMLS

301 Mission

Average Days on Market

Average $/SF

124

$816 17% YOY /

23% QOQ

16% YOY /

Buyer Demographic

CASH

5.4% QOQ

LO A N

UN K N O WN

N o Sa les in 2 0 2 4 Q1

2 0 2 4 Q1

2024 Q 2

© Skybox Realty Inc, 2024

2024 Q 3

45

72 Townsend

607 | $850,000 (1BR) $999/sf

402 | $1,230,000 (2BR) $954/sf 312 | $990,000 (1BR) $1100/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

304 | $1,250,000 (2BR) $1054/sf

© Skybox Realty Inc, 2024

47

72 Townsend

# of Transactions

3

50% YOY /

50% QOQ

Average Sales Price

$1,110,000 5% YOY /

1% QOQ

* Median Price $1,121,000

Price Per SF Q3

$1,002/SF

Q2

$1,113/SF

A VG $/ S F

MED I A N $/S F

Q1 Q4 $900

$1100

$1300

$1500

All Data From SFARMLS

72 Townsend

Average Days on Market

Average $/SF

28

$1,002 9.6% YOY /

10% QOQ

33% YOY /

Buyer Demographic

CASH

45% QOQ

LO A N

UN K N O WN

No Sa les in 2 0 2 4 Q1

2 0 2 4 Q1

2024 Q 2

© Skybox Realty Inc, 2024

2024 Q 3

49

Portside

520 | $1,070,000 (2BR) $988/sf

604 | $1,050,000 (2BR) $979/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

608 | $520,000 (1BR) $965/sf

804 | $1,159,000 (2BR) $1088/sf 605 | $769,000 (1BR) $1065/sf

© Skybox Realty Inc, 2024

51

Portside

# of Transactions

2

100% YOY / ---- QOQ

Average Sales Price

$795,000 28% YOY /

7.6% QOQ

* Median Price $795,000

Price Per SF Q3

$976/SF

Q2

$933/SF

A VG $/ S F

MED I A N $/S F

Q1 Q4

$803/SF $1,098/SF $800

$900

$1000

$1100

All Data From SFARMLS

403 Main, 38 Bryant

Average Days on Market

Average $/SF

62

$976 4% YOY /

4.6% QOQ

25% YOY /

Buyer Demographic

CASH

54% QOQ

LO A N

UN K N O WN

N o Sa les in 2 0 2 4 Q1

2 0 2 4 Q1

2024 Q 2

© Skybox Realty Inc, 2024

2024 Q 3

53

Bridgeview

1114 | $1,375,000 (3BR) $960/sf

707 | $970,000 (2BR) $880/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

2005 | $850,000 (1BR) $1027/sf 1805 | $765,000 (1BR) $924/sf

1210 | $625,000 (1BR) $934/sf 1204 | $719,000 (1BR) $864/sf

506 | $1,100,000 $999,000 (2BR) $963/sf 806 (2BR) $1024/sf 608 | $612,000 (1BR) $882/sf

© Skybox Realty Inc, 2024

55

Bridgeview

# of Transactions

5

150% YOY /

150% QOQ

Average Sales Price

$914,400 2.8% YOY /

3% QOQ

* Median Price $850,000

Price Per SF Q3

$934/SF

Q2

$918/SF

Q1

$932/SF

Q4

$907/SF $900

A VG $/ S F

$1000

MED I A N $/S F

$1100

$1200

All Data From SFARMLS

400 Beale

Average Days on Market

Average $/SF

54

$934 6.6% YOY /

1.7% QOQ

74% YOY /

Buyer Demographic

2 0 2 4 Q1

CASH

2024 Q 2

© Skybox Realty Inc, 2024

62% QOQ

LO A N

UN K N O WN

2024 Q 3

57

Baycrest

713 | $699,000 (2BR) $950/sf 620 | $670,000 (2BR) $841/sf

204 | $649,000 (1BR) $816/sf 117 | $245,794 (1BR) bmr

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

1125 | $599,000 (1BR) $----/sf

813 | $715,000 (2BR) $971/sf 710 | $699,000 (2BR) $877/sf

312 | $410,000 (0BR) $960/sf 201 | $398,000 (0BR) $921/sf

© Skybox Realty Inc, 2024

59

Baycrest

# of Transactions

1

67% YOY / ---- QOQ

Average Sales Price

$715,000 13% YOY /

1.3% QOQ

* Median Price $715,000

Price Per SF Q3

$971/SF

Q2

$886/SF

Q1

$708/SF

Q4

$1,013/SF $600

A VG $/ S F

$800

MED I A N $/S F

$1000

$1200

All Data From SFARMLS

201 Harrison

Average Days on Market

Average $/SF

58

$971 7.9% YOY /

10% QOQ

21% YOY /

Buyer Demographic

2 0 2 4 Q1

CASH

2024 Q 2

© Skybox Realty Inc, 2024

26% QOQ

LO A N

UN K N O WN

2024 Q 3

61

The Towers

904 | $1,350,000 (2BR) $1157/sf 711 | $1,335,088 (3BR) $1075/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

717 | $1,100,000 (2BR) $1075/sf 724 | $1,299,000 (2BR) $1139/sf

403 | $1,350,000 (3BR) $1085/sf

© Skybox Realty Inc, 2024

63

The Towers

# of Transactions

3

---- YOY /

200% QOQ

Average Sales Price

$1,345,029 15% YOY /

16% QOQ

* Median Price $1,350,000

Price Per SF Q3

$1,106/SF

Q2

$1,463/SF

Q1

$912/SF

Q4

$1,287/SF $900

A VG $/ S F

$1100

MED I A N $/S F

$1300

$1500

All Data From SFARMLS

88 King

Average Days on Market

Average $/SF

50

$1,106 26% YOY /

24% QOQ

32% YOY /

Buyer Demographic

2 0 2 4 Q1

CASH

2024 Q 2

© Skybox Realty Inc, 2024

61% QOQ

LO A N

UN K N O WN

2024 Q 3

65

200 Brannan

136 | $899,500 (1BR) $1039/sf

All Data From SFARMLS

OFF MAR KET

SOL D

ACTI V E

IN CONTRACT

407 | $1,399,000 (2BR) $917/sf 322 | $1,750,000 (2BR) $857/sf 239 | $1,850,000 (2BR) $954/sf

© Skybox Realty Inc, 2024

67

200 Brannan

# of Transactions

1

---- YOY / ---- QOQ

Average Sales Price

$1,850,000 35% YOY /

36% QOQ

* Median Price $1,850,000

Price Per SF Q3

$954/SF

Q2

$1,164/SF

A VG $/ S F

MED I A N $/S F

Q1 Q4

$904/SF $900

1000

$1100

$1200

All Data From SFARMLS

200 Brannan

Average Days on Market

Average $/SF

15

$954 5.6% YOY /

18% QOQ

64% YOY /

Buyer Demographic

CASH

40% QOQ

LO A N

UN K N O WN

N o Sa les in 2 0 2 4 Q1

2 0 2 4 Q1

2024 Q 2

© Skybox Realty Inc, 2024

2024 Q 3

69

Skybox Realty 2024 Q3 Report

2024 Q3 Sales Address

BR / BA

SQFT

355 1st S408 318 Spear 4G 355 1st S910 333 1st N305 333 Main 5K 318 Spear 3G 425 1st 1407 301 Main 7A 239 Brannan 10D 338 Main 4F 301 Main 18F 338 Main 4G 355 1st S1802 201 Folsom 11F 239 Brannan 5A 425 1st 2603 201 Folsom 25F 239 Brannan 10G 425 1st 3803 301 Main 5B 338 Main 23G 401 Harrison 28C

1/1 1/1 1/1 1/1 1/1 1/1 1/1 2/2 2/2 2/2 2/2 2/2 2/2 2/2 2/2 2/2 2/2 2/2 2/2 2 / 2.5 2/2 2/2

563 547 675 709 829 847 819 1,163 1,173 1,181 1,307 1,401 1,166 1,191 1,279 1,278 1,191 1,516 1,278 1,845 1,401 1,334

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

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

Sale Price

$/SF

% Sale/List

$629,000 $637,500 $708,500 $745,000 $804,375 $855,000 $860,000 $1,225,000 $1,335,000 $1,385,000 $1,435,000 $1,455,000 $1,468,000 $1,525,000 $1,500,000 $1,675,000 $1,780,000 $1,798,000 $1,735,000 $1,870,000 $1,900,000 $2,050,000

$1,117.23 $1,165.45 $1,049.63 $1,050.78 $970.30 $1,009.45 $1,050.06 $1,053.31 $1,138.11 $1,172.74 $1,097.93 $1,038.54 $1,259.01 $1,267.42 $1,194.68 $1,310.64 $1,423.92 $1,137.86 $1,357.59 $1,013.55 $1,356.17 $1,536.73

98.44 95.29 90.95 96.88 97.50 98.84 95.66 98.00 95.43 97.81 100.70 97.00 98.00 98.98 101.87 100.00 100.47 95.94 96.66 93.73 82.61 93.19

© Skybox Realty Inc, 2024

71

Skybox Realty 2024 Q3 Report

2024 Q3 Sales cont...

Address

BR / BA

SQFT

355 1st 2602 338 Main 26C 425 1st 5802 201 Folsom 32E 338 Spear 35D 201 Harrison 117 403 Main 608N 400 Beale 608 301 Mission 15D 201 Harrison 813 400 Beale 1805 400 Beale 2005 72 Townsend 607 400 Beale 707 301 Mission 3F 403 Main 520N 72 Townsend 402 301 Mission PH1 72 Townsend 304 88 King 711 88 King 403 88 King 904

2/2 2/2 3/2 3/3 3/3 1/1 1/1 1/1 1/1 2/2 1/1 1/1 1 / 1.5 2/2 2/3 2/2 2/2 2/2 2/2 2/2 3/2 2/2

1,309 1,496 ---1,784 1,730 658 539 694 789 736 828 828 851 1,102 1,845 1,083 1,289 1,953 1,186 1,242 1,244 1,167

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

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

Sale Price

$/SF

% Sale/List

$2,075,000 $2,400,000 $2,650,000 $2,875,000 $2,995,000 $245,794 $520,000 $612,000 $615,000 $715,000 $765,000 $850,000 $850,000 $970,000 $1,000,000 $1,070,000 $1,230,000 $1,250,000 $1,250,000 $1,335,088 $1,350,000 $1,350,000

$1,585.18 $1,604.28 $---$1,611.55 $1,731.21 bmr $964.75 $881.84 $779.47 $971.47 $923.91 $1,026.57 $998.82 $880.22 $542.01 $988.00 $954.23 $640.04 $1,053.96 $1,074.95 $1,085.21 $1,156.81

98.86 98.04 94.68 92.89 100.00 100.00 100.19 98.71 94.76 102.29 102.14 109.68 94.65 97.10 77.04 90.07 94.98 96.23 105.04 95.71 96.77 96.77

© Skybox Realty Inc, 2024

73

Skybox Realty 2024 Q3 Report

2024 Q3 Sales cont...

Address

BR / BA

SQFT

400 Beale 1114 301 Mission 40E 301 Mission 45C 200 Brannan 239 301 Mission 28C

3/2 2/2 2/2 2/2 3 / 3.5

1,433 1,714 1,602 1,940 2,170

All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

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

Sale Price

$/SF

% Sale/List

$1,375,000 $1,605,000 $1,800,000 $1,850,000 $1,895,000

$959.53 $936.41 $1,123.60 $953.61 $873.27

106.18 94.97 72.14 97.63 100.00

© Skybox Realty Inc, 2024

75

181 Fremont Architect

Heller Manus # of Units

67

# in Contract / Sold

54+

Monthly Absorption

.7 Unit All Data From SFARMLS

SO L D

ACTI V E

IN CONTRACT

66A | $6,995,000 (2BR) $2910/sf 64C | $2,395,000 (2BR) $1901/sf 64B | $6,995,000 (3BR) $3250/sf 62B | $5,995,000 (3BR) $2649/sf 60C | $1,995,000 (2BR) $1581/sf 60D | $2,899,000 (2BR) $1748/sf 59A | $3,995,000 (2BR) $2109/sf 58A | $4,900,000 (2BR) $2544/sf 54A | $937,000 (1BR) $1912/sf 54H | $839,000 (1BR) $1347/sf 54M | $1,075,000 (1BR) $1619/sf

© Skybox Realty Inc, 2024

77

Skybox Realty 2024 Q3 Report

Mira Architect

Studio Gang # of Units

392 # in Contract / Sold

380+

Monthly Absorption

6.8 Units All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2024

79

Skybox Realty 2024 Q3 Report

The Avery Architect

OMA # of Units

118 # in Contract / Sold

69+

Monthly Absorption

.9 Units All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2024

81

Skybox Realty 2024 Q3 Report

Four Seasons Residences Architect

Handel # of Units

146 # in Contract / Sold

42+

Monthly Absorption

1.1 Units All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2024

83

Skybox Realty 2024 Q3 Report

One Steuart Lane Architect

SOM # of Units

120 # of Stories

20 # Sold

46+ All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

© Skybox Realty Inc, 2024

85

Skybox Realty 2024 Q3 Report

Paul Hwang

Paul Hwang Activity (2021-2024 Sales) # of Transactions

117+ Sold Volume

$205,750,900 All Data From SFARMLS

Paul Hwang | 415.216.8746 | paul@skyboxrealty.com

*

Call me to find out how we can feature your off market listing to all of our prospective buyers in our Quarterly Reports!

Paul Hwang Leasing Activity 2023 # Leased

62+

2024 # Leased To Date

57+

© Skybox Realty Inc, 2024

87

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Paul Hwang

415.216.8746 | dre 01371169 paul@skyboxrealty.com

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