ARDEN 1501 – Available Now
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.
NOW Available to Show ‘in Person’ with COVID-19 safety protocols
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!
Strong buyer activity has continued into the fall, which is normally the start of the seasonal slowing of the housing market. With stronger buyer activity in the market this year and the continued constrained supply of homes for sale, speedy sales and multiple offers are likely to remain a common occurrence and will keep the housing market hot even when the weather is cooling.
New Listings were down 14.2 percent for single family homes but increased 1.0 percent for Condo/TIC/Coop properties. Pending Sales increased 30.3 percent for single family homes and 29.5 percent for Condo/TIC/Coop properties.
The Median Sales Price was up 8.8 percent to $1,665,000 for single family homes but decreased 9.1 percent to $1,205,000 for Condo/TIC/Coop properties. Months Supply of Inventory increased 21.2 percent for single family units and 92.7 percent for Condo/TIC/Coop units.
While mortgage rates remain near record lows, The Mortgage Bankers Association reports that lending standards are tightening, which makes it a bit more difficult for some buyers to qualify. At the same time, unemployment remains substantially higher than a year ago due to COVID-19. Despite all this, buyers are out in full force this fall, showing amazing resilience in the middle of a pandemic.
Please note: this data is for Sept. 2020