South Beach Market Report

September 2022
Milan Jezdimirovic
Mission Bay Real Estate Professional
4159334364
milan.jezdimirovic@compass.com
Condo, Townhouse

CHANGE FROM AUG CHANGE FROM SEP

SEP 2022
2022 2021

Homes sold 10 17% 41%

Homes for sale 41 28% 2.4%

Median days on market 29 40% 123%

Median price per square foot $1,168 4.1% 2.9%

Median sold price $1,249,000 56% 7.5%

Homes under contract 9 40% 36%

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
Homes for sale
Number of homes listed for sale, end of month

60

40 41 41 42
37 38 39 37
40 35 35 36 36 35
33
30

20

0
Jun 27 Jul 04 Jul 11 Jul 18 Jul 25 Aug 01 Aug 08 Aug 15 Aug 22 Aug 29 Sep 05 Sep 12 Sep 19 Sep 26 Oct 03

New listings
Number of homes newly listed for sale, during the month

8
7 7
6 6 6
6
5 5
4 4
4
3 3
2
2
1
0 0
0
Jun 27 Jul 04 Jul 11 Jul 18 Jul 25 Aug 01 Aug 08 Aug 15 Aug 22 Aug 29 Sep 05 Sep 12 Sep 19 Sep 26 Oct 03

Homes under contract

Number of homes that went into contract

6
5

4
4
3 3 3 3

2 2 2 2 2
2
1 1 1

0
0
Jun 27 Jul 04 Jul 11 Jul 18 Jul 25 Aug 01 Aug 08 Aug 15 Aug 22 Aug 29 Sep 05 Sep 12 Sep 19 Sep 26 Oct 03

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
Homes sold
Number of homes sold

6
5

4 4 4
4
3

2 2 2 2 2 2
2
1 1 1

0
0
Jun 27 Jul 04 Jul 11 Jul 18 Jul 25 Aug 01 Aug 08 Aug 15 Aug 22 Aug 29 Sep 05 Sep 12 Sep 19 Sep 26 Oct 03

Sold/List Price %
Sold price/original list price %

150

99 99 99 99 100 99 104 99
96 95 96 98 98
100 91

50

1
0
Jun 27 Jul 04 Jul 11 Jul 18 Jul 25 Aug 01 Aug 08 Aug 15 Aug 22 Aug 29 Sep 05 Sep 12 Sep 19 Sep 26 Oct 03

Median sold price

Median price of sold homes (in 1000s)

2k
1,625 1,668
1,550 1,478

1,195 1,249
1,170

1k 880
800 765 775 770

499
308

0
0
Jun 27 Jul 04 Jul 11 Jul 18 Jul 25 Aug 01 Aug 08 Aug 15 Aug 22 Aug 29 Sep 05 Sep 12 Sep 19 Sep 26 Oct 03

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
Median price per square foot
Median price per square foot of sold homes

1500
1,291 1,272
1,216 1,240 1,205 1,215
1,168 1,141 1,168
1,075 1,053
1000 882 879

553
500

0
0
Jun 27 Jul 04 Jul 11 Jul 18 Jul 25 Aug 01 Aug 08 Aug 15 Aug 22 Aug 29 Sep 05 Sep 12 Sep 19 Sep 26 Oct 03

Median days on market

Median days on market of sold listings

150 137

111
101
100

60

50 43 40
29
22
11 11 15
5 10
0 4
0
Jun 27 Jul 04 Jul 11 Jul 18 Jul 25 Aug 01 Aug 08 Aug 15 Aug 22 Aug 29 Sep 05 Sep 12 Sep 19 Sep 26 Oct 03

Compass is a real estate broker licensed by the State of California, and makes no representations or warranties, express or implied, with respect to
current or future market conditions, or prices of residential properties at the time of this report or in the future. All information herein is intended for
informational purposes only and no warranty, express or implied, is made or should be assumed regarding the accuracy, adequacy, completeness,
legality, reliability, merchantability or fitness for a particular purpose of any information, in whole or in part, contained herein. Compass shall not be
deemed to be providing legal, accounting or other professional services. This is not intended to solicit the purchase or sale of any property. Equal
Housing Opportunity. Report published based on the following data sources: lake_tahoe_remetrolist, sf_mlslistings, sf_ebrd, sf_resfar. The report
includes data from the Northern California region, and the following counties: San Francisco County, with the following property types: Condo and
Townhouse; over the last 2 years preceding October 10th, 2022.

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/