The Luxury is in the Details
How was the month of April for condo buyers and sellers in South Beach, South of Market, Dogpatch, Mission Bay, and Yerba Buena? Overall, there were 73 sales reported in the MLS during the month of April, which is up slightly from the 69 condo homes sold during the same month in 2012. One of the sales was for a parking spot, though, so let's call it 72 sales! The most expensive sale was for a residence in the Millennium Tower, a 2 bed, 2.5 bath home in the Grand … [Read more...]
According to the fine folks at Société Générale, the US housing market is on it's way up, up, and up. Which is excellent news after several rather painful years (which I'm sure I don't need to recount in excruciating detail for you) for condo owners and sellers. It is not secret that the San Francisco condo market has been on fire as of late, and I'm not surprised to hear that the national picture has finally shown strong and convincing evidence that it is on the … [Read more...]
It's tax day! Which means that in addition to filing my extension, I'm 15 days behind in telling you about the Q1 condo market report for San Francisco real estate. If you're looking for Q1 2013 statistics and market data for single family homes then follow the link to my site where I write about everything San Francisco real estate related. But if you are looking for information specific to the condo market, then you've come to the right place. In specific, the below … [Read more...]
Congratulations to Millennium Partners, the developer for The Millennium Tower in the Yerba Buena neighborhood! The Millennium is officially sold out, with all of the homes in the building either sold or under contract. The Millennium Tower is the second residential development in San Francisco that was done by the Millennium Partners group, with the Four Seasons Residences being their first SF development project. But if you've come to appreciate the attention to … [Read more...]
The San Francisco Museum of Modern Art (SF MOMA) is just one of the many museums that the Yerba Buena district is home to, and the museum has big plans. How big? How about an expansion that is budgeted for $555 million dollars! Highlights of the expansion include: The largest vertical garden space in SF (how many are there, though?) New outdoor galleries Approximately twice the gallery space Additional entrances "White Box" space for sound and lighting … [Read more...]
The Yerba Buena Community Benefit District is sponsoring a design competition for college students. Yerba Buena has been slowly changing from what was once an urban wasteland of empty sidewalks and fast moving cars to the city's highest concentration of museums and art galleries along with lots of unique shopping and delicious dining experiences.Thanks to its thriving street life, packed cultural events calendar, and vicinity to the waterfront and transit, there is a … [Read more...]
350 Mission St. is located directly across the street from the main tower of the Millennium Residences. It used to be a four story building that had a Noah's Bagels on the ground floor, and was home to various offices. It's replacement will offer: 28-stories 455 ft high office tower consisting of 503,000 sq. ft. of office space 7,300 sq. ft. of retail space Up to 129 basement valet parking spaces Project total will be approximately 559,310 sq. … [Read more...]
How did the Yerba Buena neighborhood - homes to buildings like The Millennium, St. Regis, and the Four Seasons - do in January? Watch the market video below for all of the details on January 2013 Yerba Buena Market Stats: Here are some highlights: Active listings were down 56%, year over year, unchanged month over month. Median listing price was just north of $850,000 Days on Market was down 47% from 88 days to 46 days Median sales price was just north of … [Read more...]
Millennium Tower, hot on the heels of The Madrone selling out earlier this week, has announced that they are down to 10 remaining homes to be sold as new from the developer, Millennium Partners. When this building originally hit the market, it was at the bottom of the market. But the sales office has been very strategic in managing their inventory, and residences in the building have been moving very quickly for the past year. As of today, ten homes remain. But just a … [Read more...]
If you're in the Yerba Buena neighborhood this weekend, this is what you can expect in terms of construction detours, street closures, and other impacts from the construction of the Transbay Center. Information courtesty of the Transbay Construction Site weekly news update: What to Expect This Weekend (1/26/13 - 1/27/13): Beale Street (Between Mission and Howard Streets): There will be MUNI Overhead Contact System (OCS) work at night on Beale Street. There will … [Read more...]