Support
Marin Market Report 2012
Decker Bullock Sotheby’s International Realty offers the very best in real estate brokerage bringing exceptional local talent and global marketing. Our success is undisputed. We consistently sell the highest priced homes in Marin! • Highest Priced Sale in Marin – 2012 • Highest Priced Sale in Belvedere • Highest Priced Sale in Tiburon • Highest Priced Sale in Ross • Highest Priced Sale in San Anselmo • Highest Priced Sale in Marin - 2011 If you are considering the sale or purchase of a home, our knowledgeable and experienced agents can assist you to ensure you have the optimal experience. You can search current listings locally and globally at www.deckerbullocksir.com.
Heidi Pay
Chief Operating Officer and General Manager
415.384.4008 heidi.pay@sothebysrealty.com.com
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| Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
TA B L E O F C O N T E N T S Marin County Sales 2012 ....................................................... 4 Peak Comparison ...................................................................... 6 Marin Sales by Price Point ..................................................... 8 Cities and Areas in Marin: Belvedere .........................10 Ross.....................................26 Corte Madera ............... 12 San Anselmo ..................28 Fairfax ................................14 San Rafael ........................30 Greenbrae .......................16 Sausalito ............................32 KentďŹ eld ...........................18 Tiburon .............................34 Larkspur ............................20 West Marin .....................36 Mill Valley .........................22 Beach Cities ....................38 Novato ..............................24
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 3
MARIN COUNTY SALES 2012 Marin Homes have, with the exception of the last 5 years, shown a consistent and steady level of appreciation. Below are the prices for all residential sales, which include Single Family Homes and Condominiums. • 1965 • 1978 • 1999 • 2005 • 2007 • 2009 • 2010 • 2011 • 2012
– – – – – – – – –
Average Sales Price $30,710 First year Average Sales Price exceeds $100,000 First year Average Sale Price exceeds $500,000 First year Average Sale Price exceeds $1 million Peak price for Marin County at $1,223,678 Precipitous 31% Drop to $848,438 Bounce to $904,818 Double Dip to $846,083 Start of Recovery: Average Sale Price $878,900 (28% below Peak)
Marin County Average Residential Sales Price Single Family Homes and Condos 1965-2012
$1,300,000 $1,200,000 $1,100,000 $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $0
1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
$100,000
Data from BAREIS MLS
4
Average Sale Price
| Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
• Single Family Home sales topped out at $11,500,000. • Our company participated in the Highest Priced Sales in Belvedere, Tiburon, Ross and San Anselmo. • The Highest Average Price was in Belvedere at $3,037,176 • The Shortest Days On Market was in Greenbrae with an average of 57 days • The Most Home Sales were in Novato, with 558 homes sold, followed by San Rafael with 502 homes sold.
Home Sales by Area – 2012 Annual Report Marin Single Family Homes
City
No# Sold
Minimum
Average
Maximum
Days on Market
Beach Cities*
50
$244,000
$1,204,381
$6,200,000
223
Belvedere
35
$1,620,000
$3,037,176
$6,700,000
108
Corte Madera
88
$415,000
$944,437
$3,200,000
71
Fairfax
70
$200,000
$625,587
$1,639,900
78
Greenbrae
48
$519,000
$1,183,544
$2,600,000
57
Kentfield
66
$440,000
$2,104,209
$8,400,000
60
82
$380,000
$1,196,162
$2,600,000
74
Mill Valley
Larkspur
349
$200,000
$1,217,333
$4,000,000
75
Novato
558
$144,900
$620,906
$2,400,000
84
42
$656,800
$2,279,002
$11,500,000
81
Ross San Anselmo
197
$300,000
$948,796
$3,000,000
74
San Rafael
502
$260,000
$738,224
$4,000,000
84
Sausalito
59
$370,000
$1,473,051
$5,930,000
83
Tiburon
123
$549,900
$1,895,003
$7,000,000
88
72
$77,500
$602,870
$1,850,000
135
West Marin** Data from BAREIS MLS
* Bolinas, Muir Beach, Stinson Beach
** Forest Knolls, Inverness, Lagunitas, Nicasio, Olema, Pt. Reyes Station, San Geronimo and Woodacre
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 5
P E A K C O M PA R I S O N The best standard method of determining values is to compare the Price per Square Foot with previous periods. • 2007 at the Peak - $538/sf for a Single Family Home in Marin • Current - $391/sf for a Single Family Home in Marin • Change – a 28% drop in value for homes and condos combined
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| Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
• Marin is 26% below 2007 levels for Average Price per Square Foot for Single Family Homes. • The Beach Cities, combining Bolinas, Stinson and Muir Beach, had the greatest recovery with values down just 4% from 2007 levels. • Greenbrae took second place with just 11% below 2007 levels. • West Marin has been slowest to recover and values are 35% below 2007 levels.
Home Sales by Area Compared to Peak – 2012 Annual Report Marin Single Family Homes
––––––––––– CURRENT 2012 ––––––––––– ––––––––––––– PEAK 2007 ––––––––––––– Average Average Average Average Average Average Price Sq. Ft. Price/Sq. Ft. Price Sq. Ft. Price/Sq. Ft
City
Change in Value Based on Sq. Ft. Price
Beach Cities*
$1,204,381
1,567
$769
$1,491,000
1,859
$802
-4%
Belvedere
$3,037,176
3,366
$902
$4,132,193
3,641
$1,135
-21%
Corte Madera
$944,437
1,797
$526
$1,343,764
1,945
$691
-24%
Fairfax
$625,587
1,662
$376
$878,400
1,680
$523
-28%
$1,183,544
2,310
$512
$1,327,166
2,312
$574
-11%
Greenbrae Kentfield
$2,104,209
3,205
$657
$2,460,331
3,103
$793
-17%
Larkspur
$1,196,162
2,186
$547
$1,582,633
2,085
$759
-28%
Mill Valley
$1,217,333
2,246
$542
$1,491,219
2,158
$691
-22%
$620,906
2,232
$278
$886,020
2,188
$405
-31%
$2,279,002
2,971
$767
$3,282,336
3,503
$937
-18%
San Anselmo
$948,796
2,178
$442
$1,265,911
2,257
$561
-21%
San Rafael
$738,224
2,059
$359
$1,015,700
2,077
$489
-27%
Sausalito
$1,473,051
2,311
$637
$1,809,325
2,320
$780
-18%
Tiburon
$1,895,003
2,843
$667
$2,561,574
2,968
$863
-23%
$602,870
1,856
$325
$994,256
1,977
$503
-35%
$1,010,332
2,218
$456
$1,364,940
2,230
$612
-26%
Novato Ross
West Marin** Marin Data from BAREIS MLS
* Bolinas, Muir Beach, Stinson Beach
** Forest Knolls, Inverness, Lagunitas, Nicasio, Olema, Pt. Reyes Station, San Geronimo and Woodacre
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 7
M ARIN SALES BY PRICE POINT Decker Bullock Sotheby’s International Realty specializes in selling the highest priced homes in Marin and represents clients at all price points to achieve the highest price for their house.
Home Sales and Market Activity by Price Point Marin Single Family Homes – 2012 Annual Report
Price Range Under $499,000
No. Sold
DOM
Price Range
No. Sold
DOM
405
124
$3,000,000 thru $3,249,999
14
160
$3,250,000 thru $3,499,999
6
168
$500,000 thru $549,999
156
100
$3,500,000 thru $3,749,999
7
94
$550,000 thru $599,999
135
84
$3,750,000 thru $3,999,999
6
101
$600,000 thru $649,999
148
89
Subtotal
33
131
$650,000 thru $699,999
137
72
$700,000 thru $749,999
139
74
$4,000,000 thru $4,249,999
7
140
$750,000 thru $799,999
153
72
$4,250,000 thru $4,499,999
5
316
$800,000 thru $849,999
102
72
$4,500,000 thru $4,749,999
5
120
$850,000 thru $899,999
115
62
$4,750,000 thru $4,999,999
1
67
$900,000 thru $949,999
63
61
Subtotal
18
161
$950,000 thru $999,999
65
76
1213
76
$5,000,000 thru $5,999,999
10
237
$6,000,000 thru $6,999,999
4
92
Subtotal
14
165 70
Subtotal $1,000,000 thru $1,249,999
222
75
$1,250,000 thru $1,499,999
146
82
$1,500,000 thru $1,749,999
107
82
$7,000,000 thru $7,999,999
1
$1,750,000 thru $1,999,999
78
72
$8,000,000 thru $8,999,999
1
93
Subtotal
553
78
Subtotal
2
82
$2,000,000 thru $2,249,999
42
73
$10,000,000 or More
1*
2
$2,250,000 thru $2,499,999
36
44
$2,500,000 thru $2,749,999
35
79
Total All Price Points
2366
85
$2,750,000 thru $2,999,999
14
92
Subtotal
127
72
Data from BAREIS MLS *$11,500,000 IN ROSS, SOLD BY DECKER BULLOCK SOTHEBY’S INTERNATIONAL REALTY
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| Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
DYNAMIC
| MARKETING
REPRESENTING THE FINEST HOMES IN MARIN Decker Bullock Sotheby’s international Realty Ranked #1 for Home Sales
$1,800,000 $1,600,000
$1,958,700
$2,000,000
$1,200,000
$569,100
WORLD CLASS INNOVATION
$676,100
$400,000
$805,900
eGALLERY
$600,000
$801,500
$800,000
$943,800
e-Gallery at New York Sotheby's Auction House
$960,500
$1,000,000
$1,187,500
$1,301,100
$1,400,000
$200,000 $0
Pacific First McGuire Bradley eGalleryDecker is a real time, dynamic propertyAlain slide show designed Frank to provideColdwell immediateReMax worldwide Bullock SIR
Union
Marin Realty
Pinel
RE
Howard Allen
Banker RE
Gold
RE
reach for your home. Exclusively presented on plasma screen televisions in Sotheby’s International Realty offices and Sotheby’s Auction Twelve months of data from BAREISHouse MLS, as oflocations March 2012around the world, eGallery’s world-class innovation allows us to uniquely showcase your property like no other company can.
AVERAGE PRICE SOLD Marin County by Brokerage (Listing Side) Representing Sellers
office is is independently independently owned owned and and operated. operated. Each office
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 9
B E LV E D E R E Belvedere has the highest income in the United States for cities with a population over 1,000. Decker Bullock Sotheby’s International Realty is the premier firm in the Belvedere and Tiburon location and sold the highest priced home in 2012 at $6,700,000 in addition to participating in the sale of 80% of the highest priced homes in Belvedere. Decker Bullock Sotheby’s International Realty also sold the highest priced home in Tiburon at $7,000,000, in addition to selling the highest priced homes in Ross which was also the highest priced sale in Marin at $11,500,000.
Single Family Homes in Belvedere Number of Single Family Homes Sold:
35
Change in Units Sold from Last Year:
6%
Minimum Price Sold:
$1,620,000
Average Price Sold:
$3,037,176
Change In Average Price from Last Year:
18%
Maximum Price Sold:
$6,700,000
Price per Sq. Ft. for Homes Sold:
$902
Change in Value from the Peak:
-21%
10 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years
Belvedere Single Family Homes & Condos / 2003–2012
100
80
60
40
37
33
38
20
0
2003
2004
2005
31
31
2006
2007
23
23
2008
2009
32
33
2010
2011
36
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Belvedere Single Family Homes & Condos / 2003–2012
2010
$2,996,282
2009
$2,576,424
$3,164,802
$4,132,193
$3,166,957
$1,200,000
$2,806,076
$1,800,000
$2,039,471
$2,400,000
$2,702,455
$3,000,000
$3,082,290
$3,600,000
$3,880,903
$4,200,000
$600,000 $0
2003
2004
2005
2006
2007
2008
2011
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 11
C O RT E M A D E R A The “Hidden Jewel of Marin County,” as the beautiful town of Corte Madera is often referred to, is a perfect balance between rural and urban living. Our agents are some of the most experienced in the Corte Madera/Larkspur area. They were involved in 7 of the highest priced sales in Corte Madera in 2012.
Single Family Homes in Corte Madera Number of Single Family Homes Sold:
88
Change in Units Sold from Last Year:
-6%
Minimum Price Sold:
$415,000
Average Price Sold:
$944,437
Change In Average Price from Last Year:
7%
Maximum Price Sold:
$3,200,000
Price per Sq. Ft. for Homes Sold:
$526
Change in Value from the Peak:
-24%
12 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years
Corte Madera Single Family Homes & Condos / 2003–2012 200 180 160 140 120
137
129
135
100
107
120
116 99
90
80 60
107
67
40 20 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Corte Madera Single Family Homes & Condos / 2003–2012
$400,000
2006
2009
2010
$853,877
2005
$778,070
$500,000
$896,390
$600,000
$899,935
$700,000
$703,595
$800,000
$846,060
$900,000
$996,939
$1,000,000
$1,020,082
$1,100,000
$1,133,813
$1,200,000
$1,214,431
$1,300,000
$300,000 $200,000 $100,000 0
2003
2004
2007
2008
2011
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 13
FA I R FA X In fact, in the national issue of Men’s Journal of Health, Fairfax ranks in the “Top 50 Places to Live.” Decker Bullock Sotheby’s International Realty assists sellers in reaching the largest market and getting the highest price for their property.
Single Family Homes in Fairfax Number of Single Family Homes Sold:
70
Change in Units Sold from Last Year:
-8%
Minimum Price Sold:
$200,000
Average Price Sold:
$625,587
Change In Average Price from Last Year:
6%
Maximum Price Sold:
$1,639,900
Price per Sq. Ft. for Homes Sold:
$376
Change in Value from the Peak:
-28%
14 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years Fairfax Single Family Homes & Condos / 2003–2012
200 180 160 140 120 100
121
129 96
80
86
60
75
65
66
2008
2009
80
82
76
2010
2011
2012
40 20 0
2003
2004
2005
2006
2007
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Fairfax Single Family Homes & Condos / 2003–2012
$1,000,000
2010
$602,830
2009
$562,177
2006
$841,837
2005
$637,541
$300,000
$664,038
$400,000
$733,626
$500,000
$788,716
$600,000
$607,864
$700,000
$696,970
$800,000
$815,305
$900,000
$200,000 $100,000 0
2003
2004
2007
2008
2011
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 15
GREENBRAE Greenbrae is a small community situated in the heart of beautiful Marin County. Greenbrae has been one of the hottest markets in Marin throughout 2012. Decker Bullock Sotheby’s International Realty has top agents that specialize in the Greenbrae market.
Single Family Homes in Greenbrae Number of Single Family Homes Sold:
48
Change in Units Sold from Last Year:
0%
Minimum Price Sold:
$519,000
Average Price Sold:
$1,183,544
Change In Average Price from Last Year:
3%
Maximum Price Sold:
$2,600,000
Price per Sq. Ft. for Homes Sold:
$512
Change in Value from the Peak:
-11%
16 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years
Greenbrae Single Family Homes & Condos / 2003–2012 200 180 160 140 120 100
113 95
80
95
91 72
60 40
89 60
64
2008
2009
95
85
20 0
2003
2004
2005
2006
2007
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Greenbrae Single Family Homes & Condos / 2003–2012
$1,300,000 $1,200,000
2010
$854,592
2009
$776,760
$880,914
$400,000
$892,534
$500,000
$966,623
$600,000
$1,052,236
$700,000
$755,866
$800,000
$855,929
$900,000
$960,365
$1,000,000
$1,033,618
$1,100,000
$300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2011
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 17
KENTFIELD Kentfield is located in the heart of Marin and has become one of the most sought after locales in 2012 due to the nationally renowned schools. Decker Bullock Sotheby’s International Realty represented both the Buyer and Seller of the highest priced sale in the Ross Valley, which includes Kentfield.
Single Family Homes in Kentfield Number of Single Family Homes Sold:
66
Change in Units Sold from Last Year:
5%
Minimum Price Sold:
$440,000
Average Price Sold:
$2,104,209
Change In Average Price from Last Year:
-1%
Maximum Price Sold:
$8,400,000
Price per Sq. Ft. for Homes Sold:
$657
Change in Value from the Peak:
-17%
18 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years Kentfield Single Family Homes & Condos / 2003–2012
100
80
60
82 70
77 68
65 55 45
40
62
68
39
20
0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Kentfield Single Family Homes & Condos / 2003–2012
$2,058,497
2009
$2,046,877
$2,138,587
2008
$1,834,070
$2,169,822
$2,427,872 $1,616,245
$1,000,000
$1,761,924
$1,500,000
$1,682,519
$2,000,000
$2,183,963
$2,500,000
2011
2012
$500,000
0
2003
2004
2005
2006
2007
2010
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 19
LARKSPUR Larkspur’s downtown, between the Lark Theater and the Lark Creek Inn, has been designated as a state and city historic district and is officially listed on the National Register of Historic Places. Our agents are some of the most experienced in the Corte Madera/Larkspur area. They were involved in 7 of the highest priced sales in Corte Madera in 2012.
Single Family Homes in Larkspur Number of Single Family Homes Sold:
82
Change in Units Sold from Last Year:
58%
Minimum Price Sold:
$380,000
Average Price Sold:
$1,196,162
Change In Average Price from Last Year:
-4%
Maximum Price Sold:
$2,600,000
Price per Sq. Ft. for Homes Sold:
$547
Change in Value from the Peak:
-28%
20 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years Larkspur Single Family Homes & Condos / 2003–2012
200 180 160 140 120 100 80
107 87
86
60
97 73
68
40
62
68 51
62
20 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Larkspur Single Family Homes & Condos / 2003–2012
2008
$1,070,071
2007
$1,098,911
2006
$1,078,463
2005
$1,126,196
2004
$1,326,939
2003
$1,301,432
$600,000
$1,289,408
$800,000
$1,050,529
$1,000,000
$990,931
$1,200,000
$1,310,744
$1,400,000
$400,000 $200,000 0
2009
2010
2011
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 21
M I L L VA L L E Y In 2005, CNN/Money and Money magazine ranked Mill Valley tenth on its list of the 100 Best Places to Live in the United States. Decker Bullock Sotheby’s International Realty has one of their central offices in Mill Valley, and our company participated in 7 of the top 20 sales in 2012. The highest sale price for Mill Valley this year was sold for $4 million.
Single Family Homes in Mill Valley Number of Single Family Homes Sold:
349
Change in Units Sold from Last Year:
28%
Minimum Price Sold:
$200,000
Average Price Sold:
$1,217,333
Change In Average Price from Last Year:
5%
Maximum Price Sold:
$4,000,000
Price per Sq. Ft. for Homes Sold:
$542
Change in Value from the Peak:
-22%
22 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years
Mill Valley Single Family Homes & Condos / 2003–2012
600
586
550 500 450
517 465
400
419
350
393
391
300 250 200
256
258
2008
2009
287
316
150 100 50 0
2003
2004
2005
2006
2007
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Mill Valley Single Family Homes & Condos / 2003–2012
$1,145,067
$1,081,201
2008
$1,159,801
2007
$1,110,636
$1,397,116
$1,317,504
$1,400,526
$600,000
$1,096,015
$900,000
$992,521
$1,200,000
$1,245,978
$1,500,000
$300,000
0
2003
2004
2005
2006
2009
2010
2011
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 23
N O VATO The city of Novato is the northernmost city in Marin. It is a gateway to Wine Country in Sonoma and Napa Counties and a familyfriendly affordable town that had more home sales than any other city in Marin. Housing ranges from condos to country estates and newer subdivisions. The highest priced home sold was $2.4 million.
Single Family Homes in Novato Number of Single Family Homes Sold:
558
Change in Units Sold from Last Year:
35%
Minimum Price Sold:
$144,900
Average Price Sold:
$620,906
Change In Average Price from Last Year:
9%
Maximum Price Sold:
$2,400,000
Price per Sq. Ft. for Homes Sold:
$278
Change in Value from the Peak:
-31%
24 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years Novato Single Family Homes & Condos / 2003–2012
1000 900
923
968
925
800
759
750
700 600 500
496
400
563
610
571
610
300 200 100 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Novato Single Family Homes & Condos / 2003–2012
$1,000,000 $900,000
2010
$526,319
2009
$200,000
$469,387
2007
$530,849
2006
$531,102
2005
$598,367
$300,000
$757,815
$400,000
$781,676
$500,000
$567,442
$600,000
$667,554
$700,000
$772,222
$800,000
$100,000 0
2003
2004
2008
2011
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 25
RO S S Ross is an exclusive enclave of expansive estates, originally built by wealthy San Franciscans as holiday homes. Decker Bullock Sotheby’s International Realty represented both the Buyer and Seller of the highest priced sale in Ross, and in Marin, for 2012. The property sold for $11,500,000.
Single Family Homes in Ross Number of Single Family Homes Sold:
42
Change in Units Sold from Last Year:
59%
Minimum Price Sold:
$656,800
Average Price Sold:
$2,279,002
Change In Average Price from Last Year:
-17%
Maximum Price Sold:
$11,500,000
Price per Sq. Ft. for Homes Sold:
$767
Change in Value from the Peak:
-18%
26 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years Ross Single Family Homes & Condos / 2003–2012
100
80
60
40
36 20
0
2003
37 28
2004
2005
34
2006
29
2007
28
2008
42
35 20 2009
2010
27
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Ross Single Family Homes & Condos / 2003–2012
$2,877,714
2010
2011
$2,279,002
$2,968,329
2006
$3,181,446
2005
$2,270,480
$1,000,000
$2,710,838
$1,500,000
$1,771,137
$2,000,000
$2,159,374
$2,500,000
$2,786,116
$3,000,000
$3,282,336
$3,500,000
$500,000 0
2003
2004
2007
2008
2009
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 27
SAN ANSELMO Sunset Magazine named San Anselmo the “Best in the West” for antique shopping. The town is at the hub of central Marin. Decker Bullock Sotheby’s International Realty sold the highest priced home in San Anselmo in 2012, at $3 million.
Single Family Homes in San Anselmo Number of Single Family Homes Sold:
197
Change in Units Sold from Last Year:
52%
Minimum Price Sold:
$300,000
Average Price Sold:
$948,796
Change In Average Price from Last Year:
7%
Maximum Price Sold:
$3,000,000
Price per Sq. Ft. for Homes Sold:
$442
Change in Value from the Peak:
-21%
28 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years
San Anselmo Single Family Homes & Condos / 2003–2012
300 250 200
230
230
213 166
150
201
179 115
100
137
152
140
50 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years San Anselmo Single Family Homes & Condos / 2003–2012
$400,000
2006
2007
2009
2010
2011
$936,948
2005
$856,983
$500,000
$830,755
$600,000
$1,056,271
$700,000
$793,275
$800,000
$1,070,496
$900,000
$912,110
$1,000,000
$1,043,718
$1,100,000
$836,297
$1,200,000
$1,240,140
$1,300,000
$300,000 $200,000 $100,000 0
2003
2004
2008
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 29
S A N R A FA E L San Rafael is centrally located in beautiful Marin County. It is the county seat, as well as the oldest, largest, and most culturally diverse city in Marin. Decker Bullock Sotheby’s International Realty was involved in 6 out of the 14 highest priced sales in San Rafael in 2012.
Single Family Homes in San Rafael Number of Single Family Homes Sold:
502
Change in Units Sold from Last Year:
16%
Minimum Price Sold:
$260,000
Average Price Sold:
$738,224
Change In Average Price from Last Year:
1%
Maximum Price Sold:
$4,000,000
Price per Sq. Ft. for Homes Sold:
$359
Change in Value from the Peak:
-27%
30 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years
San Rafael Single Family Homes & Condos / 2003–2012 1000 900 800
857
854 764
700
669
600
650 562
500 400
488
565
695 603
300 200 100 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years San Rafael Single Family Homes & Condos / 2003–2012
$622,127
2007
$619,825
2006
$625,298
2005
$639,338
$400,000
$905,599
$500,000
$884,136
$600,000
$615,000
$700,000
$755,721
$800,000
$880,761
$900,000
$790,044
$1,000,000
2009
2010
2011
2012
$300,000 $200,000 $100,000 0
2003
2004
2008
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 31
S A U S A L I TO This remarkable tourist destination is the epitome of present day luxury with breathtaking views of the San Francisco Bay, Angel Island, Alcatraz, Golden Gate Bridge, and the world famous skyline of San Francisco. Decker Bullock Sotheby’s International Realty has two offices in Sausalito and offers access to the top Sausalito agents. Our firm participated in 8 sides of the top 16 transactions in Sausalito.
Single Family Homes in Sausalito Number of Single Family Homes Sold:
59
Change in Units Sold from Last Year:
-14%
Minimum Price Sold:
$370,000
Average Price Sold:
$1,473,051
Change In Average Price from Last Year:
11%
Maximum Price Sold:
$5,930,000
Price per Sq. Ft. for Homes Sold:
$637
Change in Value from the Peak:
-18%
32 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years Sausalito Single Family Homes & Condos / 2003–2012
200 180
185 168
160 140
154
120
116
100
115
113
80 60
74
76
2008
2009
129
90
40
0
2003
2004
2005
2006
2007
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Sausalito Single Family Homes & Condos / 2003–2012
$943,617
2008
$1,063,063
2007
$1,113,340
2005
$942,556
2004
$1,296,701
$1,035,793
$600,000
$959,299
$800,000
$894,696
$1,000,000
$1,309,383
$1,200,000
$1,249,454
$1,400,000
$400,000 $200,000 $0
2003
2006
2009
2010
2011
2012
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 33
T I B U RO N Belvedere/Tiburon was ranked by Forbes magazine as among the 20 most expensive real-estate markets in the US. Decker Bullock Sotheby’s International Realty is the premier firm in Tiburon with more transaction sides of the highest priced homes sold in Tiburon than any other company. Decker Bullock Sotheby’s International Realty sold the highest priced home in Tiburon at $7,000,000, in addition to selling the highest priced homes in Belvedere, and Ross which was also the highest priced sale in Marin at $11,500,000.
Single Family Homes in Tiburon Number of Single Family Homes Sold:
123
Change in Units Sold from Last Year:
24%
Minimum Price Sold:
$549,900
Average Price Sold:
$1,895,003
Change In Average Price from Last Year:
3%
Maximum Price Sold:
$7,000,000
Price per Sq. Ft. for Homes Sold:
$667
Change in Value from the Peak:
-23%
34 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years Tiburon Single Family Homes & Condos / 2003–2012
200 180 160
176
188 171
140
168
159
142
120
122
116
100 80
133
81
60 40 20 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Data from BAREIS MLS
Average Sales Price of Units Sold in the Last Ten Years Tiburon Single Family Homes & Condos / 2003–2012
2010
$1,652,334
2009
$1,577,871
$1,951,770
2006
$1,948,830
$1,976,550
2005
$2,021,714
$1,990,514
$1,000,000
$1,669,561
$1,500,000
$1,500,565
$2,000,000
$2,207,819
$2,500,000
2011
2012
$500,000
0
2003
2004
2007
2008
Data from BAREIS MLS
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 35
WEST MARIN Our West Marin data includes Forest Knolls, Inverness, Lagunitas, Nicasio, Olema, Pt. Reyes Station, San Geronimo and Woodacre. Decker Bullock Sotheby’s International Realty offers some of the finest estate homes and ranches available in West Marin.
Single Family Homes in West Marin Number of Single Family Homes Sold:
72
Change in Units Sold from Last Year:
24%
Minimum Price Sold:
$77,500
Average Price Sold:
$602,870
Change In Average Price from Last Year:
-10%
Maximum Price Sold:
$1,850,000
Price per Sq. Ft. for Homes Sold:
$325
Change in Value from the Peak:
-35%
36 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years
Other Marin/Unincorporated Areas Single Family Homes & Condos / 2003–2012 200 180 160 140 120
133
142
148 123
100
105
80
98
96
93
85
60 40
42
20 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Data from BAREIS MLS. Includes Beach Cities, West Marin Cities, and other unincorporated areas of Marin.
Average Sales Price of Units Sold in the Last Ten Years
Other Marin/Unincorporated Areas Single Family Homes & Condos / 2003–2012
2008
2009
2010
$300,000
$660,488
2007
$400,000
$704,342
$500,000
$878,232
$600,000
$886,723
$700,000
$1,179,167
$800,000
$856,867
$900,000
$1,224,960
$1,000,000
$1,253,850
$1,100,000
$1,118,510
$1,200,000
$1,223,367
$1,300,000
$200,000 $100,000 0
2003
2004
2005
2006
2011
2012
Data from BAREIS MLS. Includes Beach Cities, West Marin Cities, and other unincorporated areas of Marin.
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 137
B E AC H C I T I E S The Beach Cities include Bolinas, Muir Beach and Stinson Beach. At Decker Bullock Sotheby’s International Realty, our agents have experience selling the highest priced homes in Stinson Beach. The beach cities have enjoyed the highest rate of recovery.
Single Family Homes in Beach Cities Number of Single Family Homes Sold:
50
Change in Units Sold from Last Year:
200%
Minimum Price Sold:
$244,000
Average Price Sold:
$1,204,381
Change In Average Price from Last Year:
-24%
Maximum Price Sold:
$6,200,000
Price per Sq. Ft. for Homes Sold:
$769
Change in Value from the Peak:
-4%
38 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County
Number of Units Sold in the Last Ten Years
Other Marin/Unincorporated Areas Single Family Homes & Condos / 2003–2012 200 180 160 140 120
133
142
148 123
100
105
80
98
96
93
85
60 40
42
20 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Data from BAREIS MLS. Includes Beach Cities, West Marin Cities, and other unincorporated areas of Marin.
Average Sales Price of Units Sold in the Last Ten Years
Other Marin/Unincorporated Areas Single Family Homes & Condos / 2003–2012
2008
2009
2010
$300,000
$660,488
2007
$400,000
$704,342
$500,000
$878,232
$600,000
$886,723
$700,000
$1,179,167
$800,000
$856,867
$900,000
$1,224,960
$1,000,000
$1,253,850
$1,100,000
$1,118,510
$1,200,000
$1,223,367
$1,300,000
$200,000 $100,000 0
2003
2004
2005
2006
2011
2012
Data from BAREIS MLS. Includes Beach Cities, West Marin Cities, and other unincorporated areas of Marin.
Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 39
Southern Marin Office
Ross Valley Office
Sausalito Office
Belvedere - Tiburon Office
100 Tiburon Blvd.
189 Sir Francis Drake Blvd.
211 Second St.
1620 Tiburon Blvd.
Mill Valley, CA 94941
Greenbrae, CA 94904
Sausalito, CA 94965
Tiburon, CA 94920
415.381.7300
415.461.7200
415.331.9000
415.435.0700
Published on Feb 6, 2013
Real estate sales statistics of Marin County and its cities for 2012, including comparisons to the peak market in 2007 and sales history of...
Published on Feb 6, 2013
Real estate sales statistics of Marin County and its cities for 2012, including comparisons to the peak market in 2007 and sales history of...