South Beach

Residences have been carved from historic warehouses, shimmering high-rises are being added to the mix. On the doorsteps of AT&T Park overlooking the sparkling water of McCovey Cove and San Francisco Bay, the LED art installation of Bay Lights on the bridge is the latest public art. South Beach residents love their sunny corner sprinkled with lofts and condos bordered by FiDi, SoMa and the Embarcadero, with breweries and burger joints where the game’s always on.

south beach 10-year market report
 
 
 
 
 
 

Listings in South Beach:

All Listings $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
79 Properties Found. Showing Page 1 of 8
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South Beach Real Estate (Condo) Market Update - October 2016      
Condo/TIC/Coop   October     YTD  
Key Metrics 2015 2016 Percent Change Thru 10-2015 Thru 10-2016 Percent Change
New Listings 29 28 -3.4% 320 390 + 21.9%
Pending Sales 26 24 -7.7% 244 228 -6.6%
Sold Listings 25 21 -16.0% 228 227 -0.4%
Median Sales Price* $1,140,000 $1,050,000 -7.9% $1,180,000 $1,150,000 -2.5%
Average Sales Price* $1,294,240 $1,025,381 -20.8% $1,312,388 $1,280,462 -2.4%
Days on Market 22 36 + 63.6% 31 40 + 29.0%
Active Listings 62 76 + 22.6% -- -- --
% of Properties Sold Over List Price 48.0% 23.8% -50.4% 54.4% 27.3% -49.8%
Percent of List Price Received* 103.0% 101.0% -2.3% 105.0% 101.0% -3.7%
Months Supply 2.5 3.3 + 32.0% -- -- --
*All data from the San Francisco MLS.            
South Beach Real Estate (Condo) Market Update - September 2016      
Condo/TIC/Coop   September     YTD  
Key Metrics 2015 2016 Percent Change Thru 9-2015 Thru 9-2016 Percent Change
New Listings 43 46 + 7.0% 291 363 + 24.7%
Pending Sales 18 14 -22.2% 218 204 -6.4%
Sold Listings 9 23 + 155.6% 203 206 + 1.5%
Median Sales Price* $1,200,000 $1,100,000 -8.3% $1,180,000 $1,171,000 -0.8%
Average Sales Price* $1,327,667 $1,125,870 -15.2% $1,314,623 $1,306,466 -0.6%
Days on Market 34 46 + 35.3% 32 40 + 25.0%
Active Listings 72 89 + 23.6% -- -- --
% of Properties Sold Over List Price 66.7% 26.1% -60.9% 55.2% 27.7% -49.8%
Percent of List Price Received* 105.1% 99.4% -5.4% 104.8% 100.6% -4.0%
Months Supply 2.9 3.9 + 34.5% -- -- --
*All data from the San Francisco MLS.            

© Copyright 2017 of the SFAR MLS.

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.