You are on page 1of 4

Mission Bay Market Report

June 2023
Milan Jezdimirovic
Mission Bay Real Estate Professional
4159334364
milan.jezdimirovic@compass.com
Condo

CHANGE FROM MAY CHANGE FROM JUN


JUN 2023
2023 2022

Homes sold 6 14% 45%

Homes for sale 22 22% 37%

Median days on market 16 63% 41%

Median price per square foot $1,076 19% 5.8%

Months of inventory 3.7 43% 15%

Median sold price $920,000 16% 23%

Homes under contract 4 43% 67%

Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
https://www.compass.com/legal/terms-of-service/
0
10
20
30
0
20
40
0
50
100
Ju Ju
l l Ju
l

5
Au '20 Au '20

32
g g Au '20

66
g

9
Se '20 Se '20

25
p p Se '20
' ' p
O 20 O 20 '

8
16
ct ct O 20

New listings
ct
N '20 N '20

4
19
ov ov N '20
76 74 78
ov
Homes for sale

D '20 D '20

8
ec ec D '20
71

' ' ec
Ja 20 Ja 20 '

20
14 14
n n Ja 20
43
n
Fe '21 Fe '21

10
b b Fe '21
49

b
M '21 M '21

Homes under contract

14
ar ar M '21
' ' ar
'

17
23 24 22
Ap 21 Ap 21
56 55

r' r' Ap 21
M 21 M 21 r'
M 21

Number of homes that went into contract


ay ay
52

ay
' ' '
Ju 21 Ju 21

21 22
n n Ju 21
n
Number of homes listed for sale, end of month

'2 '2 '2

12
19 20 19
Ju 1 Ju 1
44 45

l l Ju 1
Au '21 Au '21 l

18
g g Au '21
36

g
Se '21 Se '21

15
14 14
Se '21
p p p
Number of homes newly listed for sale, during the month
' ' '
O 21 O 21 O 21

13
22
ct ct ct
N 21 ' N 21 '

7
N '21

10
31 34 29

ov ov ov
D '21 D '21

8
6
D '21
23

ec ec ec
' ' '

3
3
Ja 21 Ja 21 Ja 21
n n n

7
6
Fe '22 Fe '22 Fe '22
b b b
M '22 M '22

4
8
M '22
13 12 16

ar ar ar
' ' '

2
21

Ap 22 Ap 22 Ap 22
r' r' r'
M 22 M 22 M 22

14
18
30 29

ay ay ay
' ' '
Ju 22 Ju 22

10
25

Ju 22
n n n
'2 '2 '2

12
12

Ju 2 Ju 2 Ju 2
l '2 l '2 l '2

6
Au 2 Au 2
17

Au 2
g g g
Se '22 Se '22

14
14

Se '22
p p p
' ' '
O 22 O 22 O 22

10
23

ct ct ct
N '22 N '22

8
N '22
11
37 35 40 33 39 38

ov ov ov
D '22 D '22

5
0

D '22
26

ec ec ec
' ' '

4
2

Ja 22 Ja 22 J a 22
n n n
' '

6
9

Fe 23 Fe 23 Fe '23
b b b
M '23 M '23

9
M '23
11

ar ar ar
' ' '

4
8

Ap 23 Ap 23 Ap 23
r' r' r'
M 23 M 23 M 23
13
15

ay ay ay
' ' '

7
9

Ju 23 Ju 23 Ju 23
17 16 15 19 20 18

n n n
'2 '2 '2
3 3 3
4
12
22

https://www.compass.com/legal/terms-of-service/
Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
0
10
20
30
0
10
20
30

0
50
100
150
Ju Ju
Ju l l
l

7
Au '20 Au '20

9.4
Au '20 g g
g

5
Se '20 Se '20

15
Se '20 p p
p ' '
' O 20 O 20

12

6.2
O 20
Homes sold

ct ct
ct
' N '20 N '20

20
N 20 ov ov
ov
Number of homes sold

D '20 D '20

14
D '20 ec ec
ec ' '

Sold/List Price %
' Ja 20 Ja 20
Ja 20
n n n

Sold price/original list price %


Months of inventory
Fe '21 Fe '21

3.3 3.8
Fe '21 b b

91 91 93 94 95 93 95
b
M '21 M '21

4
13 13 14

M '21 ar ar
ar
' ' '
20

Ap 21 Ap 21 Ap 21
r' r' r'
M 21 M 21
14

M 21 ay ay

Months of inventory based on sold listings


ay
' ' '
Ju 21 Ju 21
21

Ju 21
n n n
'2 '2 '2
18

2.8 3.7 2.1 2.5


Ju 1 Ju 1 Ju 1
l '2 l l

3
Au '21 Au '21
12

Au 1 g g
g
Se '21 Se '21
14

2.2
Se '21
p p p
' ' '
O 21 O 21

2
O 21
17

ct ct ct
N 21 ' N 21 '
N '21 ov ov
ov
D '21 D '21 D '21
12 12

ec ec ec
' ' '
6

Ja 21 Ja 21 Ja 21
n n n

2.4 1.9 2.2 2


6

Fe '22 Fe '22 Fe '22


b b b
M '22 M '22

8
2

M '22

98 98 98 102 100 99 100 100 100 98 92 97 98


ar ar ar
' ' '
4

Ap 22 Ap 22
7.5
Ap 22
r' r' r'
M 22 M 22
8

M 22 ay ay

104 101
ay
' ' '
Ju 22 Ju 22 Ju 22
n n n
'2 '2 '2
12 11

Ju 2 Ju 2 Ju 2
l '2 l '2 l '2
9

Au 2 Au 2 Au 2
g g g
Se '22 Se '22 Se '22
p p p
' ' '
O 22 O 22 O 22
10 11

ct ct ct
N '22 N '22
8

N '22 ov ov
ov
D '22 D '22
6

D '22

97 96 99 93 97 102 96
ec ec ec
' ' '
4

Ja 22 Ja 22 Ja 22
n n n
' ' '
6

Fe 23 Fe 23 Fe 23
b b b
M '23 M '23
3.6 3.1 3.2 4.4 3.3 3.5 4.8 4.3 4.3 2.7 3
5

M '23
ar ar ar
' ' '
8

Ap 23 Ap 23 Ap 23
r' r' r'
M 23 M 23 M 23
12

ay ay ay
' ' '
7

Ju 23 Ju 23 J u 23
91 95 95 96 96 96
2.4 1.7 2.6

n n n
'2 '2 '2
3 3 3
6

99
3.7

https://www.compass.com/legal/terms-of-service/
Information believed to be accurate but not warranted. Copyright 2021 Compass. All rights reserved.
Median sold price
Median price of sold homes (in 1000s)

2k
1,590 1,520
1,450
1,350 1,350
1,249 1,200 1,260 1,200 1,249
1,168 1,100
910
995 986 995 925 1,000 1,013 980 915 1,035 920
1k 815 800 730 680

0
Au '20
Se '20

O 20
N '20
D '20
Ja 20
Fe '21
M '21
Ap 21
M 21

Ju 21

Ju 1
Au '21
Se '21

O 21
N 21
D '21
Ja 21
Fe '22
M '22
Ap 22
M 22

Ju 22

Ju 2
Au 2
Se '22

O 22
N '22
D '22
Ja 22
Fe 23
M '23
Ap 23
M 23

J u 23
3
'2

'2
l '2

'2
'

'

'
r'

'

'
'

'

'
r'

'

'

'
'

'
r'

'
l
g
p
ct
ov
ec

n
b
ar

ay

l
g
p
ct
ov
ec

n
b
ar

ay

g
p
ct
ov
ec

n
b
ar

ay

n
Ju

Median price per square foot


Median price per square foot of sold homes

1500 1,326
1,202 1,240 1,202 1,205 1,215
1,168 1,120 1,129 1,155 1,175 1,121
1,053 1,039 1,076
1,017
1000 886 903
829

500

0
Au '20
Se '20
O 20
N '20
D '20
Ja '20
Fe '21
M '21
Ap 21
M 21

Ju '21

Ju 1
Au 1
Se '21
O 21
N '21
D '21
Ja '21
Fe '22
M '22
Ap 22
M 22

Ju '22

Ju 2
Au 2
Se '22
O 22
N 22
D '22
Ja '22
Fe '23
M '23
Ap 23
M 23

Ju '23
3
'2
l '2

'2
l '2

'2
'

'
r'

'

'
r'

'
'

'
r'
l
g
p
ct
ov
ec

n
b
ar

ay

g
p
ct
ov
ec

n
b
ar

ay

g
p
ct
ov
ec

n
b
ar

ay

n
Ju

Median days on market


Median days on market of sold listings

150

106
100 93

68 66 69
56 57 53
47 50 48
50 40 42 43 48 43 43
37 32 32 32 28 29 33 37 32 32
29 27 29
20 20 21
13 19 16

0
Au '20
Se '20

O 20
N 20
D '20
Ja 20
Fe '21
M '21
Ap 21
M 21

Ju 21

Ju 1
Au 1
Se '21

O 21
N '21
D '21
Ja 21
Fe '22
M '22
Ap 22
M 22

Ju 22

Ju 2
Au 2
Se '22

O 22
N '22
D '22
Ja 22
Fe 23
M '23
Ap 23
M 23

Ju 23
3
'2
l '2

'2
l '2

'2
'
'

'

'
r'

'

'

'

'
r'

'

'

'
'

'
r'

'
l
g
p
ct
ov
ec

n
b
ar

ay

g
p
ct
ov
ec

n
b
ar

ay

g
p
ct
ov
ec

n
b
ar

ay

n
Ju

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; over
the last 3 years preceding July 11th, 2023.

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

You might also like