South Beach Market Report

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

CHANGE FROM DEC

JAN 2023 CHANGE FROM JAN 2022
2022

Homes sold 6 50% 45%

Homes for sale 12 25% 56%

Median days on market 95 2.2% 126%

Median price per square foot $1,039 17% 7.3%

Median sold price $980,000 34% 2%

Homes under contract 9 125% 25%

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

40 38
35
32 31
26
23 22
20 20
20 16 15 14 14
13 12

0
Oct 24 Oct 31 Nov 07 Nov 14 Nov 21 Nov 28 Dec 05 Dec 12 Dec 19 Dec 26 Jan 02 Jan 09 Jan 16 Jan 23 Jan 30

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

3 3

2 2 2 2
2

1 1

0 0 0 0 0 0 0
0
Oct 24 Oct 31 Nov 07 Nov 14 Nov 21 Nov 28 Dec 05 Dec 12 Dec 19 Dec 26 Jan 02 Jan 09 Jan 16 Jan 23 Jan 30

Homes under contract

Number of homes that went into contract

4
4

2 2 2 2 2 2 2
2
1 1 1

0 0 0 0
0
Oct 24 Oct 31 Nov 07 Nov 14 Nov 21 Nov 28 Dec 05 Dec 12 Dec 19 Dec 26 Jan 02 Jan 09 Jan 16 Jan 23 Jan 30

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

4
4

2 2
2
1 1 1 1 1 1 1 1 1

0 0 0
0
Oct 24 Oct 31 Nov 07 Nov 14 Nov 21 Nov 28 Dec 05 Dec 12 Dec 19 Dec 26 Jan 02 Jan 09 Jan 16 Jan 23 Jan 30

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

150

97 100 97 99 97 100 100 98 100 98

100 95 91

50

1 1 1
0
Oct 24 Oct 31 Nov 07 Nov 14 Nov 21 Nov 28 Dec 05 Dec 12 Dec 19 Dec 26 Jan 02 Jan 09 Jan 16 Jan 23 Jan 30

Median sold price

Median price of sold homes (in 1000s)

2k
1,650
1,482

1,013 980 1,042

1k 800
700 730 700 708
520 455

0 0 0
0
Oct 24 Oct 31 Nov 07 Nov 14 Nov 21 Nov 28 Dec 05 Dec 12 Dec 19 Dec 26 Jan 02 Jan 09 Jan 16 Jan 23 Jan 30

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
1,297
1,184 1,206 1,170
1,043 1,054 1,010 1,039
1000 877 886 870

500 393

0 0 0
0
Oct 24 Oct 31 Nov 07 Nov 14 Nov 21 Nov 28 Dec 05 Dec 12 Dec 19 Dec 26 Jan 02 Jan 09 Jan 16 Jan 23 Jan 30

Median days on market

Median days on market of sold listings

400

295

200
124
100 106
85
69 66
37 42 30
0 0 0 4 0
0
Oct 24 Oct 31 Nov 07 Nov 14 Nov 21 Nov 28 Dec 05 Dec 12 Dec 19 Dec 26 Jan 02 Jan 09 Jan 16 Jan 23 Jan 30

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 February 10th, 2023.

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