Condo Market SF
Building Dossier Issue № 06 San Francisco
South Beach 488 Folsom Street 94105

The Avery

Fifty-six stories of glass above Folsom, with one hundred and eighteen residences — of which eighty-four have traded since the doors opened in 2019.

A dossier compiled from public records and the San Francisco tax roll. Prices reflect recorded sales; psf figures reflect transacted price over building square footage. Owner names are withheld; neighborhood comparisons draw from the forty buildings currently indexed across South Beach, Yerba Buena, Rincon Hill, Pacific Heights, Russian Hill, Mission Bay, Hayes Valley, and Dogpatch.

Year Built
2019
Stories
56
Total Units
118
Ever Traded
84/118
Last Sale
Mar 2026
Tenure (med.)
4.4yrs
The Price Question

What a square foot of The Avery actually costs.

Within South Beach, only 181 Fremont commands a higher transacted price per foot.
$1,513
Median price per square foot · trailing 36 months
+29% above South Beach median · +32% above citywide median
Based on 31 recorded sales · ranked 2 of 9 buildings in the neighborhood
All-time median psf
$1,792
Trailing 60-month median
$1,695
Trailing 36-month median
$1,513
Trailing 12-month median
$1,448 −4.3% YoY
Median transaction
$2,890,000
Transaction range
$1.4M – $11.2M
South Beach · PSF ranking
Trailing 36 months
181 Fremont$1,838
The Avery$1,513
MIRA$1,320
The Harrison$1,216
One Rincon Hill$1,174
The Brannan$1,141
LUMINA$1,082
170 Off Third$957
200 Brannan Lofts$908
Top Sales · by Tier

The building's high-water marks.

One transaction above eleven million. The rest cluster between $1.4M and $4M.
One Bedroom · 23 units
Top Sale
$2.35M
Unit 3606 · 1,116 sq ft · Jun 2019
Top PSF
$2,106
Median PSF
$1,448
Median Price
$1.40M
Typical Size
921 sf
Two Bedroom · 49 units
Top Sale
$3.76M
Unit 5005 · 1,811 sq ft · Feb 2022
Top PSF
$2,073
Median PSF
$1,652
Median Price
$2.55M
Typical Size
1,652 sf
Three Bedroom · 41 units
Top Sale
$11.15M
Unit 5402 · 4,312 sq ft · Dec 2021
Top PSF
$2,586
Median PSF
$1,989
Median Price
$3.95M
Typical Size
2,064 sf
Four Bedroom + · 5 units
Top Sale
$8.77M
Unit 5301 · 4,176 sq ft · Jun 2020
Top PSF
$2,100
Median PSF
$1,828
Median Price
$5.98M
Typical Size
4,176 sf
55 & 56
The Avery's two penthouse floors hold four residences. None have publicly traded since completion — when one does, it resets the building's ceiling.
Current benchmark · unit 5402, floor 54
$2,586/sf
The highest psf recorded in the building. An actual penthouse transaction would likely clear this mark.
Activity · Turnover

How often residences here change hands.

A turnover rate near 13% annually — higher than most of South Beach.
Sales · 12 mo
15
One closing every 3.5 weeks, on average.
Sales · 36 mo
31
Roughly a quarter of the building in three years.
Turnover · 12 mo
12.7%
Annualized rate of ownership change.
Median Tenure
4.4yrs
Time since last recorded sale, per unit.
Sale price per sqft · 2018 → 2026
84 transactions
$2,600 $1,800 $1,000
201820192020202120222023202420252026
Note. The building peaked in psf terms during 2021 — ten of the building's fifteen highest-psf sales closed that calendar year. The last three recorded sales, all in Q1 2026, came in at $1,695, $1,960, and $1,579 per foot.
The Building · as lived in

What you get for the price of entry.

The Avery rises fifty-six stories above Folsom Street, at the threshold where South Beach becomes the Transbay district. Designed by OMA and developed in partnership with Avant, it opened for occupancy in 2019 and was among the last of the large Rincon-facing towers to deliver before the pandemic reshaped downtown.

Floor-to-ceiling glass on every unit — the standard now, but executed here with a higher grade of hardware than most neighbors. Kitchens are Scavolini; primary bathrooms are lined in slab marble rather than tile. The amenity deck is on the 9th floor and wraps the east face of the tower.

The sales data, read carefully, tells a narrow story: fifteen closings in the past twelve months, a median tenure of 4.4 years, and a 2026 psf settling 30-percent above the South Beach midpoint. If you intend to live here, you are entering a building where most units have traded once or twice and residents generally stay.

  1. 01
    Equinox-curated fitness center State-of-the-art equipment, programming, and trainer access. The closest thing in the city to a private-floor Equinox.
  2. 02
    Indoor lap pool A 60-foot pool on the amenity floor. Reservation-free for residents.
  3. 03
    Private dining + lounge A furnished lounge with an adjacent private dining room for resident-hosted events.
  4. 04
    Screening room A small, darkly-lit room with theater seating and a projection system.
  5. 05
    Game room Pool table, shuffleboard, and casual seating.
  6. 06
    Business center + conference room Workstations and a reservable conference room for residents working from home.
  7. 07
    24-hour attended lobby Full-time concierge and doorman. Package intake and delivery hand-off.
  8. 08
    Pet spa A dedicated pet grooming and bathing room.
The Roster · 118 residences

Every unit. Every sale. On the record.

Sortable, filterable. Showing the ten most recent sales below.
Unit Floor Bed Bath Sqft Last Sale Price PSF Annual Tax
53015333.52,318Mar 25, 2026$3,660,000$1,579$45,820
440144221,516Mar 17, 2026$2,970,000$1,960$37,180
280528221,568Feb 25, 2026$2,660,000$1,695$33,290
32023211915Jan 12, 2026$1,395,000$1,525$17,460
190619221,652Dec 08, 2025$2,550,000$1,544$31,920
420342332,064Nov 04, 2025$4,120,000$1,996$51,580
150215221,652Oct 21, 2025$2,475,000$1,499$30,980
370637111,116Sep 09, 2025$1,720,000$1,541$21,530
240124332,087Aug 14, 2025$3,850,000$1,845$48,190
09039221,504Jun 30, 2025$2,180,000$1,449$27,290
Two ways to act · No listing required

You don't have to wait for a unit to list. You can make the market move.

01 · Put in an offer
Submit a bid on any unit in the building.
Pick a residence — listed, off-market, or one an owner hasn't thought of selling. We forward a written offer directly to the owner of record. If they're interested, you talk. If not, they know you exist.
Start an offer
02 · Name your price
Tell owners what you'd pay and wait for matches.
Set your criteria — bedroom count, budget, floor, views — and post a public "Make Me Move" offer on the building. When an owner's threshold aligns with yours, we connect you both. No agent fees on the buy-side.
Post a price