Yerba Buena real estate and businesses have made big strides in 2025. Known as the area around Moscone Center, Yerba Buena roughly encompasses the blocks bordered by Fifth Street, Market, the Transbay Terminal and Harrison. Along with Moscone, destinations include the Museum of Modern Art and Yerba Buena Gardens.
This downtown area was hit hard during the pandemic, as were its neighbors, South Beach and South of Market. Most employees abandoned their offices in favor of working from home, commercial spaces emptied and many formerly thriving restaurants and businesses closed. Condo sale prices and volume dropped, as well.
But I’m happy to report that Yerba Buena is on an upward trajectory. Office space is filling up again—led by AI companies—and workers are spending more time in the office. More than 30 food and drink businesses have opened or signed leases in Yerba Buena this year, according to the San Francisco Business Times. Additionally, a rebounding convention calendar and block party events are giving Yerba Buena a boost.
All this activity is contributing to a rise in residential sales. Condo sale volume more than doubled over the past year, with 80 units sold from January-November 2025 vs. only 49 closed condos in the same time period in 2024. The median condo price, however, has dipped from $970,000 in 2024 to $817,500 this year.
I think it’s a great time to consider a purchase in Yerba Buena. But what can you expect? Here’s a snapshot of where the market is now for one-, two- and three-bedroom condos (January-November 2025):
1BRs | 34 sold
Median: $652,500
2BRs | 32 sold
Median: $1,223,000
3BRs | 9 sold
Median: $4.1M
(The three-bedroom category was dominated this year by sales in 181 Fremont and The Four Seasons Private Residences, ranging from $3.5M – $9.2M.)
I’ve highlighted a trio of currently available Yerba Buena condos in buildings that I like, in case you’re curious as to what’s out there:
300 3rd Street #1203
$460,000
Studio | 478 sq ft
Leased parking available
HOA dues: $659/mo
If you’re looking for a condo under $500,000, this studio at 300 3rd Street #1203 is an excellent choice. The upper-floor unit has nice city views, updated kitchen and bath finishes and a handy Murphy Bed. I sold a one-bedroom condo here at Museum Parc earlier in 2025 and I can say that the location at 3rd and Folsom is highly convenient to transit, freeways and Oracle Park. The front desk staff is very helpful, too. You also have the option of leasing a space in the attached public garage for $345/month. (Photo above courtesy of LPT Realty)
855 Folsom #519
$1,395,000
2BR/2BA | 1,390 sq ft
1 pkg
HOA dues: $1,103/mo
855 Folsom #519 benefits from a wonderful 400+ square foot terrace right off the living area. The unit has also been upgraded with Italian Arclinea cabinetry and island, Sub-Zero and Miele appliances, and rails for wine and cocktail glass storage. Yerba Buena Lofts was designed by renowned architect Stanley Saitowitz and has amenities like 24-hour concierge and on-site management. I’ve also sold a unit at Yerba Buena Lofts in the past and am a fan of the building. (Photo above courtesy of Sotheby’s International Realty)
246 2nd Street #1701
$2,795,000
3BR/3BA | 2,905 sq ft
2 pkg
HOA dues: $1,682/mo
This large, top-floor three-bedroom condo at 246 2nd Street #1701 has a lot to offer, like two private terraces, fantastic skyline views and good separation between the primary suite and the other two bedrooms. #1701 was (legally) created by combining two units, which explains the generous size. I worked across the street for CNET in another lifetime, and always liked the location because it was an easy jaunt to Market Street, the Embarcadero and Oracle Park. (Photo above courtesy Vanguard Properties)
If you’d like to talk about your options in Yerba Buena or any other downtown neighborhoods, give me a shout at eileen@insidesfre.com!