Welcome to Arden by Jane Hopkins
Contemporary architecture and city living at the shoreline of Mission Creek. Arden once a vision is now a reality. The neighborhood is filling retail spaces, the building is rich with amenities and the finishes offer comfortable modern luxury.
JUST SOLD – Arden #214
$1,550,000 Buyer Represented
Description:
Bedrooms: 2 / Bathrooms: 2
Terrace, Parking & Storage
Two designer lobbies with attendants • 75’ rooftop lap pool and spa • Double-height fitness studio with his and her changing rooms • Secure Garage • Controlled building, amenity and elevator access • and more!
Two 16-story towers with modern architecture • Panoramic views of the city skyline, bay and Twin Peaks • Controlled energy-efficient heating and air conditioning • Private tiled balconies or terraces • and more!
The waterside location opens up to Mission Creek park & outdoor activities, a children’s playground & dog park • UCSF Hospital, AT&T Park, Warriors Stadium, a future school, shopping & dining just steps away • Easy access to freeways, muni stops and transit centers • and more!
Arden’s unique architecture was inspired by the natural surroundings of Mission Creek. Designed by Bosa™, the homes balance the modernity of clean lines, neutral palettes and sleek appliances with the warmth of wood floors and an abundance of light and views – creating a mood of contemporary comfort!
Please click here for the full report
Please note: this SFAR data is for June 2022
Rising inflation, soaring home prices, and increased mortgage interest rates have combined to cause a slowdown in the U.S. housing market. To help quell inflation, which reached 8.6% as of last measure in May, the Federal Reserve raised interest rates by three quarters of a percentage point in June, the largest interest rate hike since 1994. Higher prices, coupled with 30-year fixed mortgage rates approaching 6%, have exacerbated affordability challenges and rapidly cooled demand, with home sales and mortgage applications falling sharply from a year ago.
New Listings were down 36.7 percent for single family homes and 39.8 percent for Condo/TIC/Coop properties. Pending Sales decreased 28.4 percent for single family homes and 35.6 percent for Condo/TIC/Coop properties.
The Median Sales Price was down 2.6 percent to $1,890,000 for single family homes but remained flat at $1,250,000 for Condo/TIC/Coop properties. Months Supply of Inventory decreased 25.0 percent for single family units and 14.3 percent for Condo/TIC/Coop units.
With monthly mortgage payments up more than 50% compared to this time last year, the rising costs of homeownership have sidelined many prospective buyers. Nationally, the median sales price of existing homes recently exceeded $400,000 for the first time ever, a 15% increase from the same period a year ago, according to the National Association of REALTORS®. As existing home sales continue to soften nationwide, housing supply is slowly improving, with inventory up for the second straight month. In time, price growth is expected to moderate as supply grows; for now, however, inventory remains low, and buyers are feeling the squeeze of higher prices all around.
718 – 718 Long Bridge Street, San Francisco, CA 94158
Phone : 415-307-4300
Email : janehopkinsrealestate@gmail.com
CalBRE #01443891, SFAR #805895
MaxReal BRE#01525887