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!
Healthy buyer demand and constrained supply continue to be the story for much of the country. Nationally, showing activity in July remained substantially higher than a year before and multiple offer situations are a frequent experience in many markets. With the inventory of homes for sale still constrained, a competitive market for buyers shows little sign of waning.
New Listings were up 20.8 percent for single family homes and 46.6 percent for Condo/TIC/Coop properties. Pending Sales increased 38.5 percent for single family homes and 14.0 percent for Condo/TIC/Coop properties.
The Median Sales Price was up 6.0 percent to $1,670,000 for single family homes and 3.7 percent to $1,268,200 for Condo/TIC/Coop properties. Months Supply of Inventory increased 40.0 percent for single family units and 109.7 percent for Condo/TIC/Coop units.
While the number of unemployment insurance weekly initial claims have been far lower in recent weeks than their peak in March and April, more than 1 million new claims are still being filed each week and more 31 million were claiming benefits in all programs as of early July, compared to fewer than 2 million in July 2019. Despite this significant economic impact, home buyers remain extremely resilient. With mortgage rates remaining near record-low levels and home purchase mortgage applications up from a year ago, high buyer activity is expected to continue into the late summer and early fall market.
Please note: this data is for July 2020