Page 1

MARIN

MARKET REPORT


INDEX

03 | Foreword 04 | International Reach 08 | Marin Historical Data 10 | Marin In Summary 11 | The Marin Luxury Market 12 | Top Marin Public Schools 14 | City/Area Data 14 - Belvedere 15 - Corte Madera 16 - Fairfax 17 - Greenbrae 18 - Kentfield 19 - Larkspur 20- Mill Valley 21 - Novato

All data courtesy of BAREIS MLS Cover Photo by Patrick Smith

22 - Ross 23 - San Anselmo 24 - San Rafael 25 - Sausalito 26 - Tiburon 27 - Beach Cities + West Marin 28 - Napa + Sonoma 30 - San Francisco


FOREWORD

We celebrated the increase of Marin home prices and unprecedented company growth for Decker Bullock Sotheby’s International Realty in 2014! Marin Average Single Family Home prices jumped 15% from last year and exceeded the peak pricing of 2007 by 1%, returning equity to the long term homeowner. Some sectors of the luxury market in Marin, particularly under $5 million, experienced substantial growth in sales transactions. Early indicators for 2015 show continued but slowing price appreciation in a stabilizing market. While the number of homes sold in 2014 was robust compared with the peak, it was 5% lower than the previous year. Decker Bullock Sotheby’s International Realty met Marin’s demand for luxury sales with a strong luxury real estate brand, top agents in each community, and expansion in Ross Valley, Mill Valley, Tiburon, San Rafael, and Novato. Our local sales exceeded $1.4 billion in 2014. We anticipate another exceptional year and look forward to providing you with the same unparalleled professionalism and peerless service as has been defined by the Sotheby’s name since 1744.

LINDY EMRICH +1.415.717.4005­­­ - lindy@sothebysrealty.com

2014 Marin Market Report | 3


I N T E R NAT I O NA L R E AC H

Decker Bullock Sotheby’s International Realty is Marin’s only brokerage with a true global network. We are not an alliance, group, club or partner – we are a global icon that is synonymous with premiere luxury services worldwide. Beijing to Buenos Aires, Monte Carlo to Martha’s Vineyard – wherever your travels may take you, the one common thread is a Sotheby’s International Realty sign. It represents service at the highest level and access to an exclusive audience that has supported the brand since 1744. # OF LISTINGS WORLDWIDE

14K

# OF OFFICES WORLDWIDE

205

15K

LUXURY PORTFOLIO*

* Data courtesy of LuxuryPortfolio.com ** Data courtesy of ChristiesRealEstate.com

4 | Decker Bullock Sotheby’s International Realty

210 CHRISTIE’S INTERNATIONAL REAL ESTATE**

36,313 711


G LO BA L S O C I A L M E D I A P E R FO R M A NC E

4,439,551 TOTAL VIEWS

CHRISTIE’S INT’L. 163.070 TOTAL VIEWS REAL ESTATE* LUXURY 14,169 PORTFOLIO** TOTAL VIEWS

35,201 LIKES

CHRISTIE’S INT’L. REAL ESTATE*

26,305 LIKES

LUXURY 8,179 PORTFOLIO** LIKES

* Data courtesy of ChristiesRealEstate.com ** Data courtesy of LuxuryPortfolio.com 2014 Marin Market Report | 5


A T T R A BCRTA IN NG D AAFDFVA L UNETNATG B EU Y E R S STAT E OF T H E ART LU XU RY W E B S I TE

76,066,056 S OT H E BYS R E ALT Y. COM PAGE VIEWS IN 2014

6,897,304 S OT H E BYS R E A LT Y. CO M U N I Q U E V I S I TO RS I N 2 0 1 4

% 42

OF U N I Q UE VIS I TO RS F RO M OUTSIDE THE UNITED STATES

6 | Decker Bullock Sotheby’s International Realty


2014 Marin Market Report | 7


MARIN PEAK SFH 2007 vs. 2014 The best standard method of determining values is to compare the Price per Square Foot with that of previous periods. City / Area

2007 Average Price

2007 Average Sq. Ft.

2007 Avg.. Price / Sq. Ft.

2014 Average Price

2014 Average Sq. Ft.

2014 Avg.. Price / Sq. Ft.

Sq. Ft. Change in Value

Beach Cities*

$1,491,000

1,859

$802

$2,219,128

1,907

$1,164

45%

Belvedere

$4,132,193

3,641

$1,135

$3,329,682

3,024

$1,101

-3%

Corte Madera

$1,343,764

1,945

$691

$1,273,546

1,975

$645

-7%

Fairfax

$878,400

1,680

$523

$877,312

1,886

$465

-11%

Greenbrae

$1,327,166

2,312

$574

$1,435,291

2,250

$638

11%

Kentfield

$2,460,331

3,103

$793

$2,370,263

2,974

$797

1%

Larkspur

$1,582,633

2,085

$759

$1,654,886

2,218

$746

2%

Mill Valley

$1,491,219

2,158

$691

$1,628,522

2,286

$712

3%

Novato

$886,020

2,188

$405

$820,406

2,269

$362

-11%

Ross

$3,282,336

3,503

$937

$3,261,964

3,407

$957

2%

San Anselmo

$1,265,911

2,247

$561

$1,159,098

2,206

$525

-6%

San Rafael

$1,015,700

2,077

$489

$994,355

2,137

$465

-5%

Sausalito

$1,809,325

2,320

$780

$1,778,413

2,238

$795

2%

Tiburon

$2,561,574

2,968

$863

$2,935,882

3,480

$844

-2%

West Marin**

$994,256

1,977

$503

$927,073

2,039

$455

-10%

Marin County

$1,364,940

2,230

$612

$1,373,906

2,319

$592

-3%

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

* Beach Cities: Bolinas, Muir Beach, Stinson Beach ** West Marin: Forest Knolls, Inverness, Lagunitas, Marshall, Nicasio, Olema, Pt. Reyes Station, San Geronimo, Tomales, Woodacre

1978 Dow Jones Industrial Avg. Ended at 805.01 1971 Ferrari Daytona Spyder MSRP started at $20,000

$30K

Index at End of 2014: 17,823.07

1986 Six Self Portraits Andy Warhol Sold $57,500 2014 Value: $30.1M at Auction

1985

2014 Value: $3.7M at Auction

1965

8 | Decker Bullock Sotheby’s International Realty

1975 $250K


MARIN 1965–2014 S F H & C O N D O AV E R A G E S A L E P R I C E $1.19M

2007

1965 Average Sale Price $30,710

2014

1978 First year Average Sale Price exceeds $100,000 1999 First year Average Sale Price exceeds $500,000 2005 First year Average Sale Price exceeds $1 million 2007 Peak price for Marin County at $1,223,678

2005

2009 Precipitous 31% drop to $848,438 2010 Bounce to $904,818 2011 Double Dip to $846,083

2004 Google IPO Share $85 at Open 2014 End Price: $526.40 at Close (Post Split)

2014 Average Price $1,190,501

2000 Gold Price Cumulative Avg.. $279.11 /oz.

2011 $1.2m

2014 Cumulative Avg.: $1266.40 /oz.

1995

$846k

$500k

Graphic courtesy of: Decker Bullock Sotheby’s International Realty Data provided by BAREIS MLS

2014 Marin Market Report | 9


M A R I N I N S U M M A RY Marin County Real Estate Market - Single Family Homes 2014 City / Area

# Sold

Sq. Ft.

Average

Maximum

Average DOM

2013 Average

Change in Average

Beach Cities*

36

1,907

$2,219,406

$8,000,000

104

$1,453,474

53%

Belvedere

41

3,024

$3,329,682

$12,000,000

111

$3,560,581

-7%

Corte Madera

77

1,975

$1,273,546

$3,650,000

45

$1,139,935

12%

Fairfax

84

1,886

$877,312

$1,625,000

48

$724,107

21%

Greenbrae

58

2,250

$1,435,291

$2,750,000

53

$1,343,710

7%

Kentfield

79

2,974

$2,370,263

$12,250,000

58

$2,274,739

4%

Larkspur

83

2,218

$1,654,886

$4,400,000

46

$1,436,086

15%

Mill Valley

338

2,286

$1,628,522

$5,875,000

45

$1,323,582

23%

Novato

519

2,269

$820,406

$5,050,000

55

$736,420

11%

Ross

44

3,407

$3,261,964

$9,300,000

64

$2,807,729

16%

San Anselmo

187

2,206

$1,159,098

$3,625,000

59

$1,058,590

9%

San Rafael

491

2,137

$994,355

$5,950,000

51

$930,583

7%

Sausalito

74

2,238

$1,778,413

$4,900,000

66

$1,670,049

6%

Tiburon

127

3,480

$2,935,882

$8,985,000

100

$2,337,327

26%

West Marin**

79

2,039

$927,073

$2,850,000

87

$841,579

10%

Marin County

2338

2,319

$1,376,407

$12,250,000

59

$1,190,459

16%

DID YOU KNOW?

Marin County is the #8 wealthiest county in the U.S. Data courtesy of Bloomberg.com - 2/10/14

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

* Beach Cities: Bolinas, Muir Beach, Stinson Beach ** West Marin: Forest Knolls, Inverness, Lagunitas, Marshall, Nicasio, Olema, Pt. Reyes Station, San Geronimo, Tomales, Woodacre

10 | Decker Bullock Sotheby’s International Realty


T H E M A R I N LU X U RY M A R K E T

2013 15

2 0 14

1 2012 16

$10,000,000 + # UNITS SOL D

2 0 14

$5M - $10M # UNITS SOL D

Current

All data courtesy of BAREIS MLS

$2M - $5M

177

2 0 14

# UNITS SOL D

2013

14 3 2011

High

2012

14 9 2010

2009

2008

2007

2006

2005

1 14

198

256

346

2013

2012

11 2011

2010

2007 250

2009

2006 241

2008

2005 253

8

13

19 13

15

30

36

1 2011

2010

2009

2008

2007

2006

2005

2

2

0

3

3

Over the last decade a Sotheby’s ­International Realty professional has participated in 13 of the 15 Marin home sales above $10,000,000.

1

0

3

DID YOU KNOW?

Low

2014 Marin Market Report | 11


12 | Decker Bullock Sotheby’s International Realty


TOP MARIN PUBLIC SCHOOLS PUBLI C S C H O O L S RATE D 8 +

ELEMENTARY SCHOOLS 8

Neil Cummins Elementary Corte Madera

8

Manor Elementary Fairfax

10

9

Bacich Elementary Kentfield

9

8

Loma Verde Elementary Novato

10

Dixie Elementary San Rafael

Novato Charter Novato

9

Mary E. Silveira Elementary San Rafael

Pleasant Valley Elementary Novato

9

Vallecito Elementary San Rafael

Rancho Elementary Novato

8

Coleman Elementary San Rafael

San Ramon Elementary Novato

9

Glenwood Elementary San Rafael

10

Edna Maguire Elementary Mill Valley

10

Old Mill Elementary Mill Valley

10

Park Elementary Mill Valley

10

Ross Elementary Ross

10

Sun Valley Elementary San Rafael

10

Strawberry Point Elementary Mill Valley

10

Brookside Elementary San Anselmo

10

Bel Aire Elementary Belvedere - Tiburon

10

Tamalpais Valley Elementary Mill Valley

10

Hidden Valley Elementary San Anselmo

10

Reed Elementary Belvedere - Tiburon

Olive Elementary Novato

10

Wade Thomas Elementary San Anselmo

8

MIDDLE SCHOOLS

10 8

HIGH SCHOOLS

10

White Hill Middle Fairfax

10

Redwood High Larkspur

10

Kent Middle Kentfield

10

Tamiscal High [Alternative] Larkspur

10

Hall Middle Larkspur

9

Tamalpais High Mill Valley

10

Mill Valley Middle Mill Valley

8

Novato High Novato

8

San Jose Intermediate Novato

9

Sir Francis Drake High San Anselmo

8

Sinaloa Middle Novato

8

Terra Linda High San Rafael

10 10

Miller Creek Middle San Rafael Del Mar Middle Belvedere - Tiburon

LEGEND Corte Madera Fairfax Kentfield Larkspur Mill Valley Novato Ross San Anselmo San Rafael Belvedere-Tiburon

* Numbers indicate school ranking based on School-Ratings.com 2014 Marin Market Report | 13


B E LV E D E R E S I NG L E FAM I LY H O M E S # of Single Family Homes Sold

41

% Change in Sales from 2013

32%

Minimum Sale Price

$1,325,000

Median Sale Price

$2,760,000

Average Sale Price

$3,329,682

Change in Avg. Sold Price from 2013

-7%

Maximum Price Sold

$12,000,000

Average Price/Sq. Ft.

$1,101

Change Price/Sq. Ft. from ‘07 Peak

-3%

Average Days on Market

111

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N D OS & S I NG L E FAM I LY H O M E S

31

36

33

32

2 0 14

2013

2012

2011

2010

23 2009

2008

2007

2006

2005

23

31

31

38

43

# UN I T S SO LD

14 | Decker Bullock Sotheby’s International Realty

High

Low

$3.23M 2 0 14

$3.56M 2013

$2.99M 2012

$2.58M 2011

$3.16M 2010

$3.17M

$4.13M 2008

Current

2009

$3.88M 2007

$ 3 .0 2 M 2006

2005

$2.81M

AV ERAGE SALE PRICE


C O RT E M A D E R A SI NGLE FAMI LY HOMES # of Single Family Homes Sold

77

% Change in Sales from 2013

-28%

Minimum Sale Price

$455,000

Median Sale Price

$1,215,000

Average Sale Price

$1,273,546

Change in Avg. Sold Price from 2013

12%

Maximum Price Sold

$3,650,000

Average Price/Sq. Ft.

$645

Change Price/Sq. Ft. from ‘07 Peak

-7%

Average Days on Market

45

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N DOS & SI NG LE FA MILY HOMES

135 104

107

120

2 0 14

2013

2012

2011

2010

2009

2008

2007

2006

2005

67

90

99

116

107

135

# U N I T S S O LD

Current

High

$ 1 .0 3 M

$1.11M

2013

2 0 14

$854K 2012

$778K 2011

$896K 2010

$890K 2009

$1.13M 2008

$1.21M

$997K 2006

2007

$ 1 .0 2 M 2005

AVE R AG E SA LE PRI C E

Low

2014 Marin Market Report | 15


FA I R FA X S I NG L E FAM I LY H O M E S # of Single Family Homes Sold

84

% Change in Sales from 2013

-13%

Minimum Sale Price

$250,000

Median Sale Price

$830,000

Average Sale Price

$877,312

Change in Avg. Sold Price from 2013

21%

Maximum Price Sold

$1,625,000

Average Price/Sq. Ft.

$465

Change Price/Sq. Ft. from ‘07 Peak

-11%

Average Days on Market

48

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N D OS & S I NG L E FAM I LY H O M E S

91

103

2 0 14

2013

76 2012

82 2011

80 2010

66 2009

65 2008

75 2007

86 2006

2005

96

# UN I T S SO LD

Current

16 | Decker Bullock Sotheby’s International Realty

High

Low

$ 8 47 K 2 0 14

$703K 2013

$603K 2012

$562K 2011

$637K 2010

$664K 2009

$842K 2007

$734K

$789K 2006

2008

$815K 2005

AV ERAGE SALE PRICE


GREENBRAE SI NGLE FAMI LY HOMES # of Single Family Homes Sold

58

% Change in Sales from 2013

16%

Minimum Sale Price

$800,000

Median Sale Price

$1,354,500

Average Sale Price

$1,435,291

Change in Avg. Sold Price from 2013

7%

Maximum Price Sold

$2,750,000

Average Price/Sq. Ft.

$638

Change Price/Sq. Ft. from ‘07 Peak

11%

Average Days on Market

53

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N DOS & SI NG LE FA MILY HOMES

93

84

85

95

89

2 0 14

2013

2012

2011

2010

64 2009

60 2008

2007

2006

2005

72

91

95

# U N I T S S O LD

High

$1.10M 2 0 14

$997K 2013

$855K 2012

$777K 2011

$881K 2010

$892K

$967K 2008

Current

2009

$ 1 .0 5 M

$960K 2006

2007

$ 1 .0 3 M 2005

AVE R AG E SA LE PRI C E

Low

2014 Marin Market Report | 17


KENTFIELD S I NG L E FAM I LY H O M E S # of Single Family Homes Sold

79

% Change in Sales from 2013

-1%

Minimum Sale Price

$495,000

Median Sale Price

$1,920,000

Average Sale Price

$2,370,263

Change in Avg. Sold Price from 2013

4%

Maximum Price Sold

$12,250,000

Average Price/Sq. Ft.

$797

Change Price/Sq. Ft. from ‘07 Peak

1%

Average Days on Market

58

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N D OS & S I NG L E FAM I LY H O M E S

81

81 68

62

2 0 14

2013

2012

2011

2010

39 2009

2008

2007

45

65

77 55 2006

2005

68

# UN I T S SO LD

18 | Decker Bullock Sotheby’s International Realty

High

Low

$2.25M

$2.32M

2013

2 0 14

$ 2 .0 6 M 2012

$ 2 .0 5 M 2011

$1.83M

$ 2 . 14 M 2009

Current

2010

$2.17M 2008

$ 2 .4 3 M 2007

$ 1 .6 2 M 2006

2005

$2.18M

AV ERAGE SALE PRICE


LARKSPUR SI NGLE FAMI LY HOMES # of Single Family Homes Sold

83

% Change in Sales from 2013

19%

Minimum Sale Price

$425,000

Median Sale Price

$1,495,000

Average Sale Price

$1,654,886

Change in Avg. Sold Price from 2013

15%

Maximum Price Sold

$4,400,000

Average Price/Sq. Ft.

$746

Change Price/Sq. Ft. from ‘07 Peak

-2%

Average Days on Market

46

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N DOS & SI NG LE FA MILY HOMES

96 80 2 0 14

2013

2012

62 2011

68 2010

51 2009

62 2008

68 2007

2006

2005

73

86

97

# U N I T S S O LD

$1.51M 2 0 14

$1.30M 2013

$ 1 .0 7 M

$1.10M 2011

High

2012

$ 1 .0 8 M

$1.33M 2008

2010

$1.30M 2007

$1.13M

$1.29M 2006

Current

2009

$1.31M 2005

AVE R AG E SA LE PRI C E

Low

2014 Marin Market Report | 19


M I L L VA L L E Y S I NG L E FAM I LY H O M E S # of Single Family Homes Sold

338

% Change in Sales from 2013

-5%

Minimum Sale Price

$280,000

Median Sale Price

$1,341,500

Average Sale Price

$1,628,522

Change in Avg. Sold Price from 2013

15%

Maximum Price Sold

$5,875,000

Average Price/Sq. Ft.

$712

Change Price/Sq. Ft. from ‘07 Peak

3%

Average Days on Market

45

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N D OS & S I NG L E FAM I LY H O M E S

402 2 0 14

419 2013

391 2012

316 2011

287 2010

258 2009

2008

2007

2006

2005

256

319

419

465

# UN I T S SO LD

20 | Decker Bullock Sotheby’s International Realty

$1.5M

$1.23M 2013

Low

2 0 14

$ 1 . 14 M

$ 1 .0 8 M 2011

High

2012

$1.15M 2010

$1.11M

$1.39M 2008

Current

2009

$ 1 .4 0 M

$1.32M 2006

2007

$1.24M 2005

AV ERAGE SALE PRICE


N OVAT O SI NGLE FAMI LY HOMES # of Single Family Homes Sold

519

% Change in Sales from 2013

0.6%

Minimum Sale Price

$252,000

Median Sale Price

$750,500

Average Sale Price

$820,406

Change in Avg. Sold Price from 2013

11%

Maximum Price Sold

$5,050,000

Average Price/Sq. Ft.

$362

Change Price/Sq. Ft. from ‘07 Peak

-11%

Average Days on Market

55

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N DOS & SI NG LE FA MILY HOMES

724 2 0 14

712 2013

759 2012

610 2011

571 2010

610 2009

563 2008

2007

2006

2005

496

750

925

# U N I T S S O LD

Current

High

$702K 2 0 14

$624K 2013

$526K 2012

$469K 2011

$530K 2010

$531K 2009

$758K 2007

$598K

$781K 2006

2008

$772K 2005

AVE R AG E SA LE PRI C E

Low

2014 Marin Market Report | 21


RO S S S I NG L E FAM I LY H O M E S # of Single Family Homes Sold

44

% Change in Sales from 2013

No Change

Minimum Sale Price

$850,000

Median Sale Price

$2,700,000

Average Sale Price

$3,261,964

Change in Avg. Sold Price from 2013

16%

Maximum Price Sold

$9,300,000

Average Price/Sq. Ft.

$957

Change Price/Sq. Ft. from ‘07 Peak

2%

Average Days on Market

64

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N D OS & S I NG L E FAM I LY H O M E S

44

44

42 35

2 0 14

2013

2012

2011

2010

2009

2008

2007

2006

2005

20

27

28

29

34

37

# UN I T S SO LD

22 | Decker Bullock Sotheby’s International Realty

Low

$3.26M 2 0 14

$2.81M 2013

$2.28M

$2.87M 2011

High

2012

$2.97M 2010

$2.27M

$3.18M 2008

Current

2009

$3.28M

$ 2 .7 1 M 2006

2007

$ 2 .7 9 M 2005

AV ERAGE SALE PRICE


SA N A N S E L M O SI NGLE FAMI LY HOMES # of Single Family Homes Sold

187

% Change in Sales from 2013

-20%

Minimum Sale Price

$360,000

Median Sale Price

$969,000

Average Sale Price

$1,159,098

Change in Avg. Sold Price from 2013

10%

Maximum Price Sold

$3,625,000

Average Price/Sq. Ft.

$525

Change Price/Sq. Ft. from ‘07 Peak

-6%

Average Days on Market

59

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N DOS & SI NG LE FA MILY HOMES

193

242

201

2 0 14

2013

2012

14 0 2011

152 2010

137 2009

2008

2007

2006

2005

115

179

166

213

# U N I T S S O LD

Current

$ 1 . 14 M

$ 1 .0 4 M 2013

2 0 14

$937K

$857K 2011

High

2012

$831K 2010

$836K 2009

$ 1 .0 6 M 2007

$1.24M

$ 1 .0 7 M 2006

2008

$ 1 .0 4 M 2005

AVE R AG E SA LE PRI C E

Low

2014 Marin Market Report | 23


SA N R A FA E L S I NG L E FAM I LY H O M E S # of Single Family Homes Sold

491

% Change in Sales from 2013

-9%

Minimum Sale Price

$360,000

Median Sale Price

$855,000

Average Sale Price

$994,355

Change in Avg. Sold Price from 2013

7%

Maximum Price Sold

$5,950,000

Average Price/Sq. Ft.

$465

Change Price/Sq. Ft. from ‘07 Peak

-5%

Average Days on Market

51

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N D OS & S I NG L E FAM I LY H O M E S

704 2 0 14

758 2013

695 2012

603 2011

650 2010

565 2009

488 2008

562 2007

669 2006

2005

764

# UN I T S SO LD

Current

24 | Decker Bullock Sotheby’s International Realty

Low

$843K 2 0 14

$783K 2013

$622K

$620K 2011

High

2012

$625K 2010

$639K 2009

$906K 2007

$790K

$884K 2006

2008

$881K 2005

AV ERAGE SALE PRICE


SAU SA L I T O SI NGLE FAMI LY HOMES # of Single Family Homes Sold

74

% Change in Sales from 2013

3%

Minimum Sale Price

$450,000

Median Sale Price

$1,425,000

Average Sale Price

$1,778,413

Change in Avg. Sold Price from 2013

7%

Maximum Price Sold

$4,900,000

Average Price/Sq. Ft.

$795

Change Price/Sq. Ft. from ‘07 Peak

2%

Average Days on Market

66

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N DOS & SI NG LE FA MILY HOMES

132 2 0 14

14 0 2013

129 2012

115 2011

90 2010

76 2009

2008

2007

2006

2005

74

113

116

168

# U N I T S S O LD

$1.31M 2 0 14

$1.16M 2013

$944K

$ 1 .0 6 M 2011

High

2012

$1.11M 2010

$1.30M 2008

$942K

$1.31M 2007

Current

2009

$1.25M 2006

2005

$ 1 .0 3 M

AVE R AG E SA LE PRI C E

Low

2014 Marin Market Report | 25


T I B U RO N S I NG L E FAM I LY H O M E S # of Single Family Homes Sold

127

% Change in Sales from 2013

2%

Minimum Sale Price

$945,000

Median Sale Price

$2,700,000

Average Sale Price

$2,935,882

Change in Avg. Sold Price from 2013

26%

Maximum Price Sold

$8,985,000

Average Price/Sq. Ft.

$844

Change Price/Sq. Ft. from ‘07 Peak

-2%

Average Days on Market

100

Increased Year Over Year [YOY]

Decreased Year Over Year [YOY]

CO N D OS & S I NG L E FAM I LY H O M E S

178

163

159

133

2 0 14

2013

2012

2011

2010

2009

2008

2007

2006

2005

81

116

122

168

14 2

171

# UN I T S SO LD

26 | Decker Bullock Sotheby’s International Realty

High

Low

$2.36M 2 0 14

$ 2 .0 1 M 2013

$ 1 .6 5 M 2012

$1.58M 2011

$1.95M

$1.94M 2009

Current

2010

$ 2 .0 2 M 2008

$2.21M

$1.98M 2006

2007

$1.99M 2005

AV ERAGE SALE PRICE


B E AC H C I T I E S

WEST MARIN

S I NGLE FAMILY HOMES

S I NG L E FAM I LY H O M E S

# of Single Family Homes Sold

36

% Change in Sales from 2013

-27%

Minimum Sale Price

$545,000

# of Single Family Homes Sold

79

% Change in Sales from 2013

-3%

Minimum Sale Price

$90,000

Median Sale Price

$1,690,000

Median Sale Price

$800,000

Average Sale Price

$2,219,128

Average Sale Price

$927,073

Change in Avg. Sold Price from 2013

53%

Change in Avg. Sold Price from 2013

10%

Maximum Price Sold

$8,000,000

Maximum Price Sold

$2,850,000

Average Price/Sq. Ft.

$1,164

Average Price/Sq. Ft.

$455

Change Price/Sq. Ft. from ‘07 Peak

-10%

45% 104

Decreased Year Over Year [YOY]

CO N DOS & SI NGLE FA MILY HOMES

Increased Year Over Year [YOY]

High

$927K

$841K 2013

2 0 14

$600K 2012

$1.18M 2008

$704K

$1.22M 2007

2011

$1.25M 2006

Current

$878K

$1.22M 2005

$2.22M

$ 1 .4 3 M 2013

Low

AV ERAGE SALE PRICE

2 0 14

$1.18M 2012

$1.54M 2011

$1.23M

$1.58M 2009

$1.83M 2008

$ 1 .4 6 M

$ 1 .6 4 M 2006

2007

$ 1 .7 2 M 2005

2010 High

Decreased Year Over Year [YOY]

CO N D OS & S I NG L E FAM I LY H O M E S

AVE R AG E SA LE PRI C E

Current

87

2010

Increased Year Over Year [YOY]

Average Days on Market

$887K

Average Days on Market

2009

Change Price/Sq. Ft. from ‘07 Peak

Low

2014 Marin Market Report | 27


NA PA

SONOMA

CO N DOS & SI NGLE FA MILY HOMES

CO N D OS & S I NG L E FAM I LY H O M E S

# of SFH and Condos Sold

1271

% Change in Sales from 2013

-18%

Minimum Sale Price

$117,500

# of SFH and Condos Sold

5265

% Change in Sales from 2013

-6%

Minimum Sale Price

$35,000

Median Sale Price

$520,000

Median Sale Price

$456,000

Average Sale Price

$735,548

Average Sale Price

$559,310

Maximum Price Sold

$15,000,000

Maximum Price Sold

$7,000,000

Average Price/Sq. Ft.

$387

Average Price/Sq. Ft.

$327

Average Days on Market

84 Decreased Year Over Year [YOY]

CO N DOS & SI NGLE FA MILY HOMES

28 | Decker Bullock Sotheby’s International Realty

5265 2 0 14

5582 2013

6127 2012

5394 2011

5060 2010

5 47 3 2009

4929 2008

4005

$559K

$492K 2013

Low

2 0 14

$416K

$376K 2011

High

2012

$407K 2010

$385K

$627K 2007

Current

2009

$639K 2006

$465K

$608K 2005

2008

$735K

AV ERAGE SALE PRI CE

2 0 14

$603K 2013

$ 47 2 K 2011

$542K

$ 47 6 K 2010

$448K 2009

$606K

$864K 2007

2008

$857K 2006

$767K 2005

2012 Low

2006

5206

8344 2005

1271 2 0 14

1507 2013

14 4 0 2011

1648

1342 2010

2012

1297

1035 2008

2009

952 2007

1271 2006

1697 2005

# UNI T S SO LD

AVE R AG E SA LE PRI C E

High

Decreased Year Over Year [YOY]

CO N D OS & S I NG L E FAM I LY H O M E S

# UN IT S S O LD

Current

66

Increased Year Over Year [YOY]

2007

Increased Year Over Year [YOY]

Average Days on Market


2014 Marin Market Report | 29


SA N F R A N C I S C O SA N F R A N C I S C O

DISTRICT

NEIGHBORHOODS

# UNITS SOLD

S INGL E FA M ILY HOM ES

1

Central Richmond, Inner Richmond, Jordan Park / Laurel Heights, Lake Street, Sea Cliff, Lone Mountain

2 14

2

Golden Gate Heights, Outer Parkside, Outer Sunset, Parkside, Central Sunset, Inner Sunset, Inner Parkside

437

3

Lake Shore, Merced Heights, Pine Lake Park, Stonestown, Lakeside, Merced Manor, Ingleside Heights, Oceanview

178

4

Balboa Terrace, Diamond Heights, Forest Hill, Forest Knolls, Ingleside Terrace, Midtown Terrace, Saint Francis Wood, Miraloma Park, Forest Hill Extension, Sherwood Forest, Mount Davidson Manor, Westwood Highlands, Westwood Park, Sunnyside, West Portal

305

5

Glen Park, Haight Asbury, Noe Valley, Twin Peaks, Cole Valley/Parnassus Heights, Buena Vista /Asbury Heights, Corona Heights, Clarendon Heights, Duboce Triangle, Eureka Valley/Dolores Heights, Mission Dolores

323

6

Anza Vista, Hayes Valley, Lower Pacific Heights, Western Addition, Alamo Square, North Panhandle

45

7

Marina, Pacific Heights, Presidio Heights, Cow Hollow

117

8

Downtown, Financial District /Barbary Coast, Nob Hill, North Beach, Russian Hill, Van Ness /Civic Center, Telegraph Hill, North Waterfront, Tenderloin

23

9

Bernal Heights, Inner Mission, Mission Bay, Potrero Hill, South of Market, Yerba Buena, South Beach, Central Waterfront /Dogpatch

231

Bayview, Crocker Amazon, Excelsior, Outer Mission, Visitacion Valley, Portola, Silver Terrace, Mission Terrace, Hunter Point, Bayview Heights, Candlestick Point, Little Hollywood

512

10

30 | Decker Bullock Sotheby’s International Realty


SINGLE FAMILY HOMES

CONDOS / TIC

2385

3130

-10.6%

-6%

$269,444

$80,000

Median Sale Price

$1,075,000

$945,000

Average Sale Price

$1,448,994

$1,097,197

10.7%

14%

Maximum Price Sold

$14,000,000

$9,400,000

Average Price/Sq. Ft.

$789

$906

31

36

# Units Sold % Change in Sales from 2013 Minimum Sale Price

Change in Avg. Sold Price from 2013

Average Days on Market

AVERAGE PRICE

MAXIMUM PRICE

# UNITS SOLD

AVERAGE PRICE

MAXIMUM PRICE

$ 1 ,7 2 4 ,0 8 9

$ 6 , 5 0 0,0 0 0

162

$ 1 ,0 5 4 , 2 2 4

$ 2 ,6 2 5 ,0 0 0

$ 1 ,0 5 5 ,0 7 9

$ 3 , 1 5 0,0 0 0

45

$ 9 1 0, 5 5 3

$ 2 , 5 5 0,0 0 0

$851,231

$ 1 , 5 6 0,0 0 0

31

$532,919

$ 8 6 0,0 0 0

$1,364,269

$ 4 , 3 8 8 ,0 0 0

59

$ 6 2 0, 9 4 4

$ 1 , 2 1 0,0 0 0

$2,128,513

$ 1 0,0 0 0,0 0 0

457

$ 1 , 1 2 3 ,0 7 3

$ 2 , 5 2 5 ,0 0 0

$2,326,308

$ 4 , 9 9 5 ,0 0 0

311

$ 9 3 0, 9 4 4

$ 2 ,4 5 2 ,0 0 0

$ 4 ,6 2 9,4 3 0

$ 14 ,0 0 0,0 0 0

318

$1,545,833

$ 9,4 0 0,0 0 0

$ 3 , 2 3 4 ,7 8 9

$ 8 , 3 3 0,0 0 0

536

$1,191,520

$ 7, 1 0 0,0 0 0

$ 1 , 2 5 2 ,6 0 2

$ 3 ,7 0 0,0 0 0

1 14 9

$ 1 ,0 4 8 , 9 2 6

$ 5 , 3 0 0,0 0 0

$704,332

$ 1 ,4 1 0,0 0 0

61

$ 4 9 5 ,0 6 7

$ 9 9 5 ,0 0 0

SINGL E FA M ILY H O M E S

SI NGLE FAMI LY HO ME S

COND OS / TIC

COND OS / TIC

COND OS / T IC

2014 Marin Market Report | 31


32 | Decker Bullock Sotheby’s International Realty


M A K I N G M A R I N H I S TO RY D EC KE R BU L LO C K S OTH E BY ’ S I N TE RNATI O NAL RE ALTY REC E N T S I G N I FI C AN T M ARI N SAL E S

Belvedere Highest Priced Sale for the Year

2014

Belvedere Record Breaking for Marin County

2013

Belvedere Highest Priced Sale for the Year

2013

Belvedere Highest Priced Sale for the Year

2012

Belvedere Highest Priced Sale for the Year

2010

Bolinas Highest Priced Sale for the Year

2010

Fairfax Record Breaking

2013

Greenbrae Highest Priced Sale for the Year

2012

Kentfield Highest Priced Sale for the Year

2011

Kentfield Highest Priced Sale for the Year

2010

Larkspur Off Market Highest Priced Sale for the Year 2014

Larkspur Off Market Record Breaking

2013

Mill Valley Highest Priced Sale for the Year

2014

Mill Valley Highest Priced Sale for the Year

2013

Mill Valley Highest Priced Sale for the Year

2011

Mill Valley Highest Priced Sale for the Year

2010

Mill Valley Off Market Highest Priced Sale for the Year 2014

Nicasio Highest Priced Sale for the Year

2010

Ross Record Breaking for Marin County

2012

Ross Highest Priced Sale for the Year

2012

Ross Record Breaking for Marin County

2011

Ross Highest Priced Sale for the Year

2011

San Anselmo Highest Priced Sale for the Year

2013

San Anselmo Highest Priced Sale for the Year

2012

San Rafael Highest Priced Sale for the Year

2013

Stinson Beach Highest Priced Sale for the Year

2013

Stinson Beach Highest Priced Sale for the Year

2011

Tiburon Highest Priced Sale for the Year

2013

Tiburon Highest Priced Sale for the Year

2012

Tiburon Highest Priced Sale for the Year

2011

Tiburon Highest Priced Sale for the Year

2010

West Marin Highest Priced Sale for the Year

2013

Marin County Record Breaking

2007

2014 Marin Market Report | 33


Southern Marin Office

Mill Valley Office

100 Tiburon Blvd.

78 E. Blithedale

Mill Valley, CA 94941

Mill Valley, CA 94941

415.381.7300

415.380.4300

Ross Valley Office

Drakes Landing Office

189 Sir Francis Drake Blvd.

500 Drakes Landing Road

Greenbrae, CA 94904

Greenbrae, CA 94904

415.461.7200

415.464.9300

Belvedere - Tiburon Office

Sausalito Office

10 Beach Road

211 Second Street

Tiburon, CA 94920

Sausalito, CA 94965

415.435.0700

415.331.9000

San Rafael Office

Novato Office

100 Smith Ranch Road, Suite 110

438 Ignacio Blvd.

San Rafael, CA 94903

Novato, CA 94949

415.456.1200

415.883.2900

Terra Mortgage Banking is a preferred provider to our Realtors 速.

Scott Hellar t: 415.464.3172 m: 415.269.7711 shellar@terramb.com NMLS #312226 BRE #01339904

Pierre Masquelier t: 415.389.6558 m: 415.717.8379 pmasquelier@terramb.com NMLS #291819 BRE #01742977

John Wilson t: 415.968.5000 m: 415.310.1299 jwilson@terramb.com NMLS #295251 BRE #00838971

Rosette Pollock t: 415.464.1372 m: 415.726.8911 rpollock@terramb.com NMLS #298363 BRE #01196060

Marney Solle t: 415.454.8811 m: 415.250.8850 msolle@terramb.com NMLS #286003 BRE #01189718

2014 Marin Market Report - Lindy Emrich  

Presenting real estate statistics and home sales data for Marin, Napa, Sonoma, and San Francisco.

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