2018 San Francisco Bay Area Annual Market Report - 2017 Data

A NN UA L R EPORT 2018 SAN

FR ANCISCO

BAY

AREA

2017 DATA

2018 Market Report, 2017 Data | 1

CONTENTS

2018 ANNUAL MARKET REPORT M L S D ATA F O R 2 0 1 7 E VO LU T I O N O F T H E B R A N D

2 | 2018 Market Report, 2017 Data

W E A R E G OL DEN G AT E SI R

4

F I R ST IN V I DE O

6

TIM E LIN E

8

BAY A R E A SA L E S S U M M A RY

10

BAY A R E A LUXU RY M A R K E T

14

SA N F R A N CIS C O

16

A L A M EDA C O U N T Y

18

C O N T R A C O S TA C O U N T Y

20

M A RI N C O U N T Y

22

N A PA C O U N T Y

24

SA N M AT EO C O U N T Y

26

SA N TA C L A R A C O U N T Y

28

SA N TA C R UZ C O U N T Y

30

S O L A N O C O U N T Y

32

S O N O M A C O U N T Y

34

All data courtesy of local MLS

I

n review of 2017, and in the context of the 8 years of growth since the recession, California appears to be much improved, according to Leslie Appleton Young, Chief Economist of California Association of Realtors:

along with other high valued states, will be disproportionately impacted.

The San Francisco Bay Area has had some of the most significant home price appreciation this decade, with nearly every county exceeding the previous peak. The 8 years of continued appreciation has resulted in a seasonally adjusted average of $859,421 for single family homes. This represents a 16% increase over the peak in 2007, and 128% increase from the low in 2009.

• Job growth of 2.6 million jobs – twice the number lost in the recession • Unemployment below 5% – for the first time in over a decade • Stock market at record high • Interest rates at historic lows • Rising home prices continuing

In contrast, the average home price in California is $540,000; still 10% below the prerecession level of $600,000 at the peak. Home affordability in the Bay Area is a continued challenge for buyers.

These statewide economic underpinnings, combined with new household formation and job growth have created a demand for homes.

Lack of inventory is pervasive as only a fraction of the new construction needed to accommodate buyers has been added to the market, and many homeowners have refinanced into stable long term fixed mortgages at rates under 4%, reducing the financial incentive to sell.

Appreciation rates may be unsustainable, but the general consensus is that, barring a significant global or local economic disruption, the likelihood of a bubble is less probable than in the previous era, where many homes were purchased using spurious underwriting guidelines and zero-down adjustable rate mortgages. We will continue to see supply and demand as the key fundamental driving the trajectory of home prices in the future.

The repercussions of the federal tax reform, which reduces the mortgage interest deduction as well as the State and Local Tax (SALT) deductions, is unclear. California,

Change from Peak 2007

Median Sales Price Single Family Homes County Alameda Contra Costa

2007 Peak

2009 Trough

$678,130

$381,400

2017 $860,000

Change from Trough 2009

Annual Growth

10 yrs

8 yrs

8 yrs

27%

125%

16%

$638,750

$260,590

$610,000

-5%

134%

17%

Marin

$1,037,540

$778,290

$1,250,000

20%

61%

8%

Napa

$667,690

$362,190

$669,500

0%

85%

11%

San Francisco

$918,544

$744,804

$1,415,000

54%

90%

11%

San Mateo

$935,000

$687,500

$1,418,000

52%

106%

13%

Santa Clara

$836,780

$530,000

$1,175,000

40%

122%

15%

Santa Cruz

$750,000

$499,000

$840,000

12%

68%

9%

Solano

$430,830

$205,060

$410,000

-5%

100%

12%

Sonoma

$586,570

$350,080

$629,950

7%

80%

10%

2018 Market Report, 2017 Data | 3

We showcase your home’s highest value to the widest audience, providing luxury service at all price points.

425 AGENTS

20

OF FICES

$3.5

BILLION SA LES VOLUM E IN 2017

4 | 2018 Market Report, 2017 Data

NOVATO

MARIN COUNTY REGION

SAN RAFAEL

EAST BAY REGION

ROSS VALLEY GREENBRAE

STINSON BEACH

MILL VALLEY

NORTH BERKELEY

BELVEDERE-TIBURON

LAFAYETTE

BERKELEY

SAUSALITO OAKLAND-MONTCLAIR-PIEDMONT

DANVILLE

SAN FRANCISCO

SILICON VALLEY REGION MENLO PARK PALO ALTO WOODSIDE

LOS ALTOS

Connecting Buyers and Sellers in the San Francisco Bay Area and Beyond.

GOLDENGATESIR.COM

2018 Market Report, 2017 Data | 5

POW ER OF TH E BR A N D

100,000,000 A NN UA L PAGE V IEWS SIR .COM

39,000,000 YOUT U BE V IDEO V IEWS LU X U RY PROPERT Y V IDEOS.COM

2,200,000 AV ER AGE MONTH LY V ISITS SIR .COM

#1 SIR BROK ER AGE IN NORTH ER N C A LIFOR NI A

#1 SF BAY A R E A PROPERT Y V IDEOS BAYA R E A PROPERT Y V IDEOS.COM

6 | 2018 Market Report, 2017 Data

T H E S A N F R A NCI S C O B AY A R E A & S O T H E BY ’ S I N T E R N AT ION A L R E A LT Y A BR IEF HIST ORY

Golden Gate Bridge 50th Anniversary

Napa Valley wineries win “Judgment of Paris”

Gold discovered in California

Davies Symphony Hall completed in San Francisco Apple Computer founded in Cupertino

A’s win “Bay Bridge Series” over SF Giants

Misión San Francisco de Asís and El Presidio Real de San Francisco established in Yerba Buena

1744 1776

1848

Samuel Baker, founder of Sotheby’s, holds first sale at the Exeter Exchange

Macintosh computer launched

French Laundry opens in Yountville

1976

1978

Sotheby’s International Realty founded

Inaugural Burning Man gathering at Baker Beach

1980

1982

1984

1986

1989

Van Gogh’s Irises sells for record $53.9 million Decker Bullock in Marin County

The roots of Golden Gate Sotheby’s International Realty run deep in the San Francisco Bay Area. Formed in 2017 from companies that trace their origins to the 1980s and ’90s, the brokerage is part of a brand heritage that dates from 1744.

Campi Properties in Los Altos Better Homes & Gardens in Alameda County

United California Brokers in Contra Costa County

Image credits: Exeter Exchange image ©Westminster City Library, Victoria. San Francisco Mission from Southern Methodist University, Central University Libraries, DeGolyer Library. AT&T Park photo by Coasttocoast available under Creative Commons Attribution-Share Alike license.

8 | 2018 Market Report, 2017 Data

First Tweet Tesla founded in Palo Alto Giants win World Series for 3rd time in 5 years 49ers win Super Bowl for 5th time in a dozen years

YouTube founded in San Bruno

PacBell Bark (later AT&T) opens in San Francisco Google founded in Menlo Park

1995

1998

Uber founded in San Francisco

America’s Cup comes to Bay Area

First iPhone

2001

Andy Warhol’s Orange Marilyn sells for $17.3 million in New York

2003

2005

Sotheby’s International Realty global expansion

2007

Warriors win NBA Championship for 2nd time in 3 years

2009

2013

2015

2017

Pink Star diamond auctioned by Sotheby’s Geneva for $83,187,381

Dreyfus Properties in Palo Alto

Golden Gate Sotheby’s International Realty launches, uniting Bay Area brokerages under one umbrella

2018 Market Report, 2017 Data | 9

S A N F R A NCI S C O B AY A R E A M E DI A N S A L E S PR IC E S : 19 9 1 -2 017 Graph shows the 12-month rolling average of the median sales price for existing single family detached homes in the nine Bay Area counties. The rolling average smooths out seasonal variations to give a clear picture of long term trends.

Source: California Association of Realtors.

$750,000

$500,000

Peak of the Dotcom Bubble

$250,000

1991

1992

Oct-92 1993 1994

10 | 2018 Market Report, 2017 Data

1995

Jul-95 1996 1997

1998

Apr-98 1999 2000

Jan-01 2001 2002

2003

Oct 2004

t-03 2005

2017 High $859,421 Market Peak $739,163

8 12 Year 8% s G Inc row rea th se

Subprime Bubble Bursts

Market Trough $376,963

Jul-06 2006 2007 2008

Apr-09 2009 2010

2011

Jan-12 2012 2013

Oct-14 2014 2015

2016

2017

2018 Market Report, 2017 Data | 11

BAY A R E A SA LES SUMM A RY

12 | 2018 Market Report, 2017 Data

B AY A R E A R E SI DE N T I A L S A L E S S U M M A RY · 2 017 District

Average Sale Price 2017

±%

Median Sale Price 2017

±%

High Sale 2017

AVG Price/SF

# of Sales

2017

±%

2017

±%

DOM 2017

San Francisco Single Family

$1,778,182

4.4%

$1,415,000

6.8%

$15,000,000

$920

6.6%

2253

1.5%

27

$1,306,244

5.5%

$1,150,000

5.7%

$22,000,000

$1,047

2.8%

2756

0.3%

37

$956,562

9.6%

$860,000

9.9%

$5,250,000

$541

9.0%

10858

-2.0%

156

$611,459

9.7%

$590,000

9.3%

$1,500,000

$511

7.9%

3910

-2.6%

165

Single Family

$780,462

9.0%

$610,000

9.9%

$6,500,000

$378

8.9%

11238

1.4%

172

Condo

$497,842

6.6%

$455,000

7.1%

$1,600,000

$399

6.8%

3073

-0.6%

178

$1,598,882

6.8%

$1,250,000

4.3%

$14,460,000

$698

5.4%

2224

6.2%

47

$679,142

4.9%

$600,000

0.8%

$3,485,000

$536

8.7%

645

1.6%

44

Single Family

$908,249

2.9%

$669,500

6.7%

$15,000,000

$447

0.9%

1240

-5.2%

77

Farm/Ranch

$3,816,029

24.8%

$2,715,000

70.5%

$11,300,000

$971

-13.50%

10

-50.0%

121

$523,972

8.2%

$467,500

5.8%

$1,365,000

$415

6.4%

148

-2.6%

60

$1,732,528

6.3%

$1,418,000

9.2%

$19,900,000

$900

9.9%

4341

30.6%

23

$888,063

8.6%

$815,000

7.9%

$3,750,000

$729

8.7%

1395

36.4%

22

$1,447,136

12.3%

$1,175,000

15.8%

$25,000,000

$755

11.0%

10656

2.9%

20

$806,737

10.4%

$734,966

11.4%

$3,195,000

$629

9.2%

4210

-1.8%

17

$944,459

6.3%

$840,000

7.0%

$5,700,000

$552

8.9%

1844

5.4%

40

$570,141

4.0%

$554,000

5.7%

$1,695,000

$496

6.9%

473

0.6%

35

Single Family

$436,049

7.3%

$410,000

6.5%

$1,604,251

$251

9.3%

4990

-3.8%

46

Farm/Ranch

$898,423

12.5%

$725,000

7.4%

$2,703,000

$404

11.0%

47

-23.0%

115

Condo

$272,764

14.1%

$259,000

19.9%

$675,000

$238

14.0%

425

6.8%

40

Condo, Loft, etc.

Alameda Single Family Condo Contra Costa

Marin Single Family Condo Napa

Condo San Mateo Single Family Condo Santa Clara Single Family Condo Santa Cruz Single Family Condo Solano

Sonoma Single Family

$765,947

9.1%

$629,950

8.6%

$25,000,000

$423

8.7%

4656

0.8%

57

Farm/Ranch

$2,612,707

29.3%

$1,575,500

1.0%

$30,000,000

$994

28.60%

48

-5.9%

130

$393,818

12.0%

$365,000

10.6%

$1,000,001

$332

11.2%

670

-2.3%

47

Condo

Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 13

LU XURY M A R K ET SUMM A RY

14 | 2018 Market Report, 2017 Data

BAY A R E A LU X U RY M A R K ET

G

olden Gate Sotheby’s International Realty serves the Bay Area luxury home market through alignment with the largest international “Luxury MLS” – sir.com – that allows buyers from around the world to locate the best homes in the Bay Area and beyond.

This year, the numbers of luxury properties sold were relatively unchanged from 2016, with some fluctuations at the top of the market where unique large-scale properties were sold.

The highest priced sale this year at $30 million in the town of Healdsburg in Sonoma County featured 90,000 square feet of building space on 568 acres of land with a 27 acre lake. This sale was represented by a Sotheby’s International Realty affiliate. The second highest Sonoma County sale was in Calistoga at $25 million, also represented by Sotheby’s International Realty.

Santa Clara County had a property sale at $25 million for an eight acre property in Los Altos Hills that included a 7,000 square foot home and 3 additional lots. This was followed by a $19.9 million home in San Mateo County. San Mateo County had the largest number of homes sold over $10 million, with 17 selling in 2017. The largest sale was a private transaction, originally listed at $39 million in Hillsborough, Golden Gate Sotheby’s International Realty represented the buyers and the final sale price is confidential.

San Francisco’s highest priced sale was a 4-bedroom, 5-bath, condominium in Pacific Heights which sold for $22 million at roughly $3,800 per square foot. The most expensive single family detached home sold in San Francisco was $15 million. San Francisco had the second largest number of home sales over $10 million, with 10 sales in 2017.

HIGHEST LUXURY HOME SALE PRICE IN 2017

N UM BER OF LU X U RY HOM E SA LES IN 2017 $10+ MILLION Alameda 0 Contra Costa

0

Marin 6 Napa 2 San Francisco

10

San Mateo

17

Santa Clara

8

Santa Cruz

0

Solano 0

Sonoma 2

$5–10 MILLION Alameda 3 Contra Costa

5

Marin 40 Napa 13 San Francisco

74

San Mateo

94

Santa Clara

97

Santa Cruz

5

Solano 0

Sonoma 10

$2–5 MILLION

Alameda $5,250,000 Alameda 358 Contra Costa $6,500,000 Contra Costa 298 Marin $14,460,000

Marin 447

Napa $15,000,000

Napa 64

San Francisco

$22,000,000

San Francisco

844

San Mateo

$19,900,000

San Mateo

948

Santa Clara

$25,000,000

Santa Clara

1831

Santa Cruz

$5,700,000

Santa Cruz

72

Solano

$2,703,000

Solano 3

Sonoma $30,000,000

Sonoma 107 2018 Market Report, 2017 Data | 15

SA N FR A NCISCO

16 | 2018 Market Report, 2017 Data

S A N F R A NC I S C O S A L E S BY DI S T R IC T · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price District

2017

Median Sale Price

±%

District 1

$2,116,746

2017

-0.3%

$1,900,625

±%

High Sale 2017

AVG Price/SF 2017

±%

# of Sales 2017

4.4%

$6,595,000

$928

7.7%

164

±%

DOM 2017

-9.4%

27

District 2

$1,402,097

9.5%

$1,325,000

8.2%

$3,650,000

$893

10.5%

399

0.5%

22

District 3

$1,177,402

8.9%

$1,101,000

14.4%

$2,150,000

$768

8.7%

164

-16.3%

29

District 4

$1,689,186

8.6%

$1,575,000

9.6%

$3,888,000

$944

13.2%

302

-4.4%

20

District 5

$2,540,129

10.0%

$2,305,500

11.5%

$7,500,000

$1,165

7.5%

314

-0.3%

27

District 6

$2,783,029

14.4%

$2,535,000

11.3%

$7,350,000

$1,096

3.4%

35

-2.8%

32

District 7

$5,414,139

-5.1%

$4,800,000

2.1%

$15,000,000

$1,427

-2.6%

97

-4.9%

40

District 8

$3,320,521

-28.6%

$2,497,500

-27.6%

$13,750,000

$1,110

-20.1%

24

71.4%

48

District 9

$1,637,991

9.4%

$1,523,000

8.4%

$3,850,000

$1,035

3.5%

263

6.5%

24

$951,055

10.7%

$920,000

10.5%

$1,900,000

$699

9.9%

493

18.5%

33

$1,777,979

4.3%

$1,415,000

6.8%

$15,000,000

$920

6.6%

2255

1.6%

27

District 10 San Francisco

C ON D O/C O OP/ T IC/ L OF T Average Sale Price District

2017

Median Sale Price

±%

2017

±%

High Sale 2017

AVG Price/SF 2017

±%

# of Sales 2017

±%

DOM 2017

District 1

$1,220,084

7.2%

$1,175,000

8.3%

$2,440,000

$901

5.7%

115

-20.7%

28

District 2

$995,103

-3.2%

$950,000

-4.0%

$1,710,000

$818

5.0%

31

-40.4%

33

District 3

$934,838

7.0%

$850,000

6.2%

$1,697,361

$750

13.8%

42

-20.8%

34

District 4

$806,446

18.7%

$725,000

9.8%

$1,705,000

$794

-0.5%

43

72.0%

35

District 5

$1,376,297

5.5%

$1,332,500

6.3%

$6,100,000

$1,069

5.7%

427

8.4%

26

District 6

$1,222,566

10.2%

$1,200,000

12.4%

$5,250,000

$1,012

0.4%

303

-5.6%

33

District 7

$1,855,417

4.5%

$1,575,000

8.0%

$22,000,000

$1,199

0.4%

313

5.0%

28

District 8

$1,368,495

7.2%

$1,100,000

10.2%

$7,500,000

$1,138

2.3%

485

3.9%

44

District 9

$1,180,372

1.4%

$1,071,500

4.3%

$9,000,000

$1,056

0.3%

1030

7.7%

41

$690,691

5.2%

$690,000

7.7%

$1,410,000

$615

2.1%

86

7.5%

53

$1,294,909

5.0%

$1,149,000

5.9%

$22,000,000

$1,048

2.3%

2875

3.0%

37

District 10 San Francisco

DI S T R IC T 1

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

DI S T R IC T 2

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

DI S T R IC T 3

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

DI S T R IC T 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, Monterey Heights

DI S T R IC T 5

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

DI S T R IC T 6

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

DI S T R IC T 7

Marina, Pacific Heights, Presidio Heights, Cow Hollow

DI S T R IC T 8

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

DI S T R IC T 9

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

DI S T R IC T 10

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

Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 17

A L A M EDA COUNT Y

18 | 2018 Market Report, 2017 Data

A L A M E DA C OU N T Y S A L E S BY C I T Y · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price City

2017

±%

Median Sale Price 2017

±%

High Sale 2017

AVG Price/SF 2017

±%

# of Sales 2017

±%

DOM 2017

Alameda

$1,087,995

8.0%

$1,050,000

10.5%

$2,750,000

$631

8.0%

377

13.2%

106

Albany

$1,132,705

13.1%

$1,060,000

14.6%

$2,450,000

$826

10.2%

76

-16.5%

83

Berkeley

$1,321,429

7.2%

$1,217,000

8.2%

$3,589,100

$733

6.3%

561

3.7%

102

Castro Valley

$842,362

10.8%

$820,000

10.8%

$2,500,000

$483

7.9%

504

4.8%

172

$1,044,698

3.8%

$1,010,000

7.5%

$1,975,000

$464

5.2%

509

0.6%

185

$758,625

9.9%

$705,000

17.7%

$1,060,000

$661

18.4%

8

0.0%

117

Fremont

$1,176,799

10.9%

$1,065,000

10.9%

$5,125,000

$661

9.7%

1717

-7.3%

180

Hayward

$681,234

12.4%

$641,800

14.6%

$2,250,000

$444

11.3%

1171

0.2%

165

Livermore

$884,057

10.2%

$785,000

9.5%

$3,195,000

$451

5.3%

1002

-4.0%

196

Newark

$855,597

10.9%

$828,950

11.3%

$1,365,000

$560

14.8%

368

2.5%

171

Dublin Emeryville

Oakland Piedmont Pleasanton

$820,765

8.4%

$715,950

8.5%

$4,450,000

$517

10.1%

2450

-6.0%

125

$2,184,343

-3.8%

$2,087,500

-0.6%

$5,250,000

$820

3.6%

128

32.0%

90

$1,327,747

6.4%

$1,142,000

8.8%

$4,300,000

$538

6.6%

699

8.4%

202

San Leandro

$657,696

9.3%

$640,500

10.1%

$1,350,000

$457

8.2%

638

-5.5%

149

San Lorenzo

$604,018

9.8%

$615,500

11.9%

$1,250,000

$488

15.9%

198

7.0%

152

Sunol

$1,265,033

-15.7%

$800,000

-30.4%

$3,514,500

$609

23.6%

15

15.4%

232

Union City

$894,005

11.4%

$862,000

10.2%

$1,520,000

$494

9.9%

437

-7.6%

181

Alameda County

$956,562

9.6%

$860,000

9.9%

$5,250,000

$541

9.0%

10858

-2.0%

156

Average Sale Price Median Sale Price

High Sale

C ON D O S Condos Alameda County

$611,459

9.7%

$590,000

9.3%

$1,500,000

AVG Price/SF $511

7.9%

# of Sales 3910

-2.6%

DOM 165

Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 19

CONTR A COSTA COUNT Y

20 | 2018 Market Report, 2017 Data

C ON T R A C O S TA C OU N T Y S A L E S BY C I T Y · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price City Alamo

2017

±%

Median Sale Price 2017

±%

High Sale 2017

AVG Price/SF 2017

±%

# of Sales 2017

±%

DOM 2017

$1,851,095

0.2%

$1,642,000

0.3%

$5,469,000

$556

6.4%

203

0.5%

181

$427,391

12.0%

$425,000

11.8%

$740,000

$234

11.0%

1248

-7.3%

177

Bay Point

$402,832

10.0%

$395,000

14.5%

$775,000

$276

8.8%

153

-1.3%

164

Bethel Island

$409,848

13.5%

$410,000

12.4%

$675,000

$266

-3.1%

29

3.6%

161

$593,787

7.4%

$575,000

8.5%

$1,500,000

$250

6.0%

1055

-0.5%

173

Byron

$453,000

-48.6%

$415,000

9.1%

$745,000

$277

17.1%

7

-30.0%

169

Clayton

$816,390

5.3%

$805,000

5.6%

$1,600,000

$381

6.4%

143

9.2%

172

Concord

$615,453

7.3%

$588,000

6.5%

$1,725,000

$387

9.2%

1173

1.4%

179

Antioch

Brentwood

Crockett

$472,567

1.7%

$490,000

4.3%

$700,000

$301

-2.0%

43

30.3%

172

Danville

$1,429,769

4.8%

$1,326,000

6.9%

$5,055,000

$501

6.3%

767

3.5%

184

Diablo

$2,772,141

37.4%

$2,762,000

57.8%

$4,725,000

$607

3.9%

11

-31.2%

196

Discovery Bay

$635,678

6.4%

$575,000

9.5%

$4,000,000

$254

3.8%

330

5.4%

179

El Cerrito

$944,381

14.7%

$897,500

12.2%

$2,218,500

$594

10.9%

224

5.7%

106

El Sobrante

$555,055

8.5%

$542,500

8.5%

$991,000

$332

3.4%

138

-4.2%

152

Hercules

$635,454

7.2%

$625,000

6.2%

$1,830,000

$309

6.4%

147

-15.5%

151

Kensington

$1,172,529

7.8%

$1,126,000

15.5%

$3,200,000

$668

3.3%

70

42.9%

97

Knightsen

$675,500

-24.1%

$621,000

-30.2%

$1,100,000

$340

-19.1%

4

100.0%

183

Lafayette

$1,627,360

8.4%

$1,449,000

8.7%

$6,500,000

$641

8.7%

315

18.4%

161

$655,707

11.0%

$615,000

7.0%

$2,400,000

$386

6.5%

493

6.5%

182

$1,387,882

9.0%

$1,350,000

7.4%

$2,750,000

$565

1.3%

167

54.6%

157

Oakley

$475,506

12.8%

$460,000

13.6%

$1,020,000

$244

9.0%

588

-3.6%

183

Orinda

$1,613,170

2.4%

$1,506,000

3.9%

$3,900,000

$609

2.4%

243

5.2%

167

Martinez Moraga

Pacheco

$545,586

8.9%

$533,000

5.5%

$700,000

$386

12.5%

28

47.4%

162

Pinole

$559,101

10.2%

$542,500

10.2%

$850,000

$352

8.3%

172

4.9%

143

Pittsburg

$453,735

5.0%

$430,000

3.9%

$820,000

$255

10.9%

723

0.0%

171

Pleasant Hill

$787,478

7.1%

$765,000

5.5%

$1,410,000

$484

9.3%

313

7.6%

172

Point Richmond

$900,000

22.8%

$900,000

22.8%

$900,000

$349

-21.8%

1

0.0%

†

Port Costa

$529,000

27.6%

$529,000

30.6%

$529,000

$420

20.9%

1

-83.3%

60

Richmond

$486,286

8.2%

$450,000

4.7%

$1,990,000

$374

11.6%

831

4.1%

151

Rodeo

$466,305

10.4%

$462,500

10.1%

$800,000

$324

8.6%

80

27.0%

167

San Pablo

$420,436

10.0%

$415,500

9.3%

$818,000

$355

8.3%

204

-13.2%

155

San Ramon

$1,170,645

7.5%

$1,101,000

7.9%

$2,569,950

$469

4.8%

772

3.6%

188

Walnut Creek

$1,136,568

5.4%

$1,100,000

10.2%

$2,940,000

$538

5.9%

562

-3.6%

178

$780,462

9.0%

$610,000

9.9%

$6,500,000

$378

8.9%

11238

1.4%

172

Contra Costa County

C ON D O S Condos Contra Costa County

Average Sale Price $497,842

6.6%

Median Sale Price $455,000

7.1%

High Sale $1,600,000

AVG Price/SF $399

6.8%

# of Sales 3073

-0.6%

DOM 178

†Home sold off-market. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 21

M A R IN COUNT Y

22 | 2018 Market Report, 2017 Data

M A R I N C OU N T Y S A L E S BY C I T Y · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price City

2017

±%

2017

AVG Price/SF

# of Sales 2017

DOM

2017

±%

$4,347,667

25.8%

$3,375,000

7.1%

$14,460,000

$1,316

6.0%

30

-9.1%

79

Bolinas

$3,108,458

74.0%

$1,815,000

17.1%

$10,400,000

$1,234

9.7%

13

0.0%

109

$1,587,451

8.4%

$1,465,000

9.1%

$4,200,000

$834

6.8%

89

6.0%

27

Dillon Beach

±%

High Sale

Belvedere

Corte Madera

2017

Median Sale Price

±%

2017

$878,933

-8.9%

$875,000

-11.9%

$1,350,000

$527

7.1%

15

-16.7%

119

$1,028,034

6.3%

$919,430

5.7%

$2,550,000

$644

6.9%

84

6.3%

38

$886,550

0.3%

$816,500

9.8%

$1,415,000

$451

-6.5%

10

66.7%

59

Greenbrae

$1,849,147

12.8%

$1,700,000

13.3%

$4,200,000

$782

4.6%

39

-13.3%

35

Inverness

$1,382,808

2.3%

$1,345,000

-0.3%

$2,400,000

$665

-0.1%

13

-18.8%

77

Kentfield

$2,828,806

7.9%

$2,560,000

20.5%

$6,500,000

$886

-0.4%

70

18.6%

52

$703,803

-14.1%

$802,711

9.2%

$1,100,000

$449

-25.3%

8

0.0%

59

Fairfax Forest Knolls

Lagunitas Larkspur

$2,033,839

5.9%

$1,824,750

4.3%

$4,450,000

$912

3.4%

70

18.6%

35

Marshall

$1,016,000

-6.6%

$950,000

-3.6%

$1,815,000

$763

-21.9%

5

25.0%

156

$1,785,791

2.8%

$1,560,000

4.0%

$7,200,000

$809

3.2%

318

9.7%

48

Mill Valley Muir Beach

$1,943,500

16.1%

$1,924,500

20.3%

$2,425,000

$752

19.6%

4

33.3%

19

Nicasio

$2,025,000

54.6%

$1,775,000

47.9%

$3,300,000

$545

-49.7%

4

-20.0%

337

Novato

$985,134

3.6%

$880,500

1.1%

$3,250,000

$462

5.7%

524

4.8%

45

Pt. Reyes Station

$1,226,000

10.4%

$864,500

-5.8%

$2,495,000

$595

-7.7%

4

-55.6%

88

Ross

$3,330,667

-18.9%

$2,610,000

-7.6%

$10,000,000

$1,004

-0.1%

41

5.1%

48

San Anselmo

$1,434,863

10.8%

$1,285,000

11.7%

$3,350,000

$712

7.0%

155

1.3%

40

$847,500

-47.3%

$847,500

-30.0%

$1,095,000

$453

-25.0%

2

-33.3%

28

San Geronimo San Rafael

$1,249,844

7.8%

$1,110,000

9.2%

$7,300,000

$596

7.0%

474

1.7%

41

Sausalito

$1,990,873

-5.7%

$1,800,000

-8.0%

$4,550,000

$896

3.1%

78

32.2%

47

Stinson Beach

$2,740,368

-0.2%

$2,400,000

-4.0%

$6,275,000

$1,633

11.1%

19

-29.6%

66

Tiburon

$3,063,307

8.6%

$2,680,000

18.3%

$10,000,000

$1,009

8.4%

134

31.4%

62

Tomales

$747,500

*

$747,500

*

$747,500

$572

*

1

*

182

Woodacre

$883,025

15.1%

$825,500

5.2%

$1,339,000

$558

27.2%

20

33.3%

58

$1,598,882

6.8%

$1,250,000

4.3%

$14,460,000

$698

5.4%

2224

6.2%

47

Marin County

C ON D O S Condos Marin County

Average Sale Price $679,142

4.9%

Median Sale Price $600,000

0.8%

High Sale $3,485,000

AVG Price/SF $536

8.7%

# of Sales 645

1.6%

DOM 44

*No Sales recorded for 2016. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 23

N A PA C O U N T Y

24 | 2018 Market Report, 2017 Data

N A PA C OU N T Y S A L E S BY C I T Y · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price

Median Sale Price

High Sale

AVG Price/SF

# of Sales

DOM

City

2017

2017

±%

2017

American Canyon

$510,672

8.1%

$515,000

12.0%

$731,000

$272

10.7%

155

-6.6%

54

Angwin

$853,222

-29.1%

$715,000

16.4%

$1,700,000

$432

-6.6%

18

63.6%

164

Calistoga

$1,132,786

-15.6%

$775,000

10.6%

$5,539,038

$547

-9.4%

47

-6.0%

80

Deer Park

$1,131,667

-42.0%

$1,200,000

-38.5%

$1,575,000

$554

-64.6%

3

50.0%

100

$835,442

7.6%

$675,000

7.3%

$5,100,000

$432

3.0%

889

-3.9%

76

$15,000,000

527.0%

$15,000,000

527.0%

$15,000,000

$1,387

36.3%

1

-50.0%

154

Napa Oakville

±%

2017

±%

2017

±%

2017

Pope Valley

$309,278

27.0%

$207,000

6.2%

$1,020,000

$154

-15.7%

9

-18.2%

91

Rutherford

$1,077,500

-68.9%

$1,100,000

-68.3%

$1,150,000

$825

-44.0%

3

50.0%

86

St. Helena

$1,872,402

-3.8%

$1,250,000

-9.6%

$7,550,000

$786

-0.4%

99

-13.9%

103

Yountville

$1,624,312

10.7%

$1,247,500

18.8%

$6,450,000

$686

5.6%

16

-33.3%

94

Napa County

$908,249

2.9%

$669,500

6.7%

$15,000,000

$447

0.9%

1240

-5.2%

77

FA R M & R A NC H Farms/Ranch Napa County

Average Sale Price $3,816,029

24.8%

Median Sale Price $2,715,000

70.5%

High Sale $11,300,000

AVG Price/SF $971

-13.50%

# of Sales 10

-50.0%

DOM 121

C ON D O S Condos Napa County

Average Sale Price $523,972

8.2%

Median Price $467,500

5.8%

High Sale $1,365,000

AVG Price/SF $415

6.4%

# of Sales 148

DOM

-2.6%

60

Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 25

SA N M ATEO COUNT Y

26 | 2018 Market Report, 2017 Data

S A N M AT E O C OU N T Y S A L E S BY C I T Y · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price City

2017

Median Sale Price

±%

2017

±%

High Sale 2017

AVG Price/SF 2017

±%

# of Sales 2017

DOM

±%

2017

Atherton

$5,754,405

-25.4%

$4,750,000

-19.8%

$19,900,000

$1,506

2.0%

82

51.9%

48

Belmont

$1,705,825

10.4%

$1,660,000

10.7%

$2,680,000

$963

10.3%

216

40.3%

15

Brisbane

$1,123,776

11.7%

$1,029,000

9.5%

$3,000,008

$777

21.1%

42

61.5%

37

Broadmoor

$776,250

*

$776,250

*

$880,000

$588

*

2

*

28

Burlingame

$2,246,474

3.1%

$2,125,000

1.2%

$5,100,000

$1,137

13.8%

171

27.6%

18

Colma

$973,500

21.7%

$882,500

10.3%

$1,500,000

$702

36.8%

8

700.0%

50

Daly City

$940,690

9.4%

$920,000

9.4%

$1,455,000

$667

9.4%

415

42.6%

25

$877,421

5.6%

$842,500

11.7%

$1,340,000

$695

9.8%

123

39.8%

18

El Granada

$1,151,852

4.0%

$1,142,500

11.5%

$1,888,888

$618

13.2%

66

61.0%

29

Foster City

$1,783,370

6.4%

$1,765,000

10.3%

$2,630,000

$875

7.6%

117

42.7%

16

East Palo Alto

Half Moon Bay

$1,445,749

13.1%

$1,307,500

10.6%

$5,310,000

$660

20.3%

134

45.7%

43

Hillsborough

$4,230,742

-5.6%

$3,700,000

-4.6%

$9,750,000

$1,081

3.2%

125

42.0%

54

$752,952

-0.9%

$600,000

-3.0%

$2,500,000

$591

8.6%

16

33.3%

44

La Honda Loma Mar

$729,667

*

$760,000

*

$799,000

$524

*

3

*

78

Menlo Park

$2,584,082

7.9%

$2,280,000

14.0%

$7,800,000

$1,266

11.2%

304

36.9%

23

Millbrae

$1,668,879

7.4%

$1,600,000

4.9%

$2,900,000

$908

6.7%

145

35.5%

20

Montara

$1,196,421

3.0%

$1,055,000

7.7%

$2,750,000

$648

-4.4%

38

124.0%

45

Moss Beach

$1,092,586

-2.9%

$988,500

-3.6%

$2,712,500

$703

20.8%

22

15.8%

73

Pacifica

$1,015,677

7.1%

$950,000

7.7%

$2,239,500

$696

6.2%

280

29.0%

21

Pescadero

$1,421,800

-20.1%

$899,000

20.0%

$3,450,000

$872

27.5%

5

-37.5%

57

Portola Valley

$3,518,890

16.2%

$3,000,000

11.1%

$16,500,000

$1,150

10.4%

77

45.3%

32

Redwood City

$1,634,629

12.2%

$1,537,500

9.6%

$3,605,000

$959

12.4%

507

13.2%

18

Redwood Shores

$1,836,310

8.1%

$1,852,000

7.7%

$2,225,000

$946

9.3%

21

-16.0%

11

San Bruno

$1,080,029

11.0%

$1,065,000

14.6%

$1,730,000

$735

9.0%

207

11.9%

21

San Carlos

$1,900,108

4.6%

$1,780,000

6.0%

$4,175,000

$1,003

7.6%

277

28.8%

15

San Mateo

$1,625,595

15.4%

$1,460,000

11.9%

$6,600,000

$953

12.5%

588

28.9%

15

$982,571

9.8%

$938,700

11.0%

$1,735,000

$676

8.2%

281

22.2%

24

Woodside

$3,102,907

-16.6%

$2,400,000

-7.7%

$18,800,000

$995

-4.9%

69

21.1%

54

San Mateo County

$1,732,528

6.3%

$1,418,000

9.2%

$19,900,000

$900

9.9%

4341

30.6%

23

So. San Francisco

C ON D O S Condos San Mateo County

Average Sale Price $888,063

8.6%

Median Sale Price $815,000

7.9%

High Sale $3,750,000

AVG Price/SF $729

8.7%

# of Sales 1395

36.4%

DOM 22

*No Sales recorded for 2016. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 27

SA NTA CL A R A COUNT Y

28 | 2018 Market Report, 2017 Data

S A N TA C L A R A C OU N T Y S A L E S BY C I T Y · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price

Median Sale Price

High Sale

AVG Price/SF

# of Sales

DOM

City

2017

Alviso

$851,600

35.2%

$884,500

53.8%

$1,205,000

$499

-0.1%

10

66.7%

24

Campbell

$1,400,438

13.0%

$1,330,000

14.2%

$4,500,000

$800

13.6%

365

22.5%

18

Cupertino

$2,126,536

7.5%

$2,100,000

11.8%

$3,950,000

$1,100

7.6%

235

-1.7%

17

Gilroy Hollister Los Altos

±%

2017

±%

2017

2017

±%

2017

±%

2017

$781,829

6.9%

$705,000

5.2%

$2,551,000

$372

7.5%

630

4.5%

32

$835,000

*

$835,000

*

$835,000

$517

*

1

*

0

$3,258,306

14.0%

$3,017,261

11.5%

$9,800,000

$1,292

5.6%

333

27.6%

17

Los Altos Hills

$4,713,962

6.9%

$3,867,000

0.1%

$25,000,000

$1,264

11.0%

94

-4.1%

36

Los Gatos

$2,145,981

10.1%

$1,975,000

12.9%

$7,500,000

$865

6.3%

434

17.0%

33

Milpitas

$1,040,945

11.8%

$988,888

13.5%

$2,050,000

$620

10.7%

289

-16.5%

17

Monte Sereno

$2,963,674

3.6%

$2,878,750

15.2%

$6,500,000

$951

2.6%

46

31.4%

45

Morgan Hill

$990,219

4.4%

$915,000

6.8%

$6,165,000

$433

4.5%

537

14.7%

30

Mountain View

$2,059,443

12.4%

$1,980,888

14.8%

$3,575,000

$1,242

13.0%

237

-2.5%

14

Palo Alto

$3,531,970

17.9%

$2,950,000

15.7%

$23,495,000

$1,654

11.1%

352

-4.9%

20

San Jose

$1,100,634

11.8%

$999,488

12.4%

$4,500,000

$635

10.8%

5552

-0.1%

19

San Martin

$1,083,134

0.5%

$948,000

3.0%

$2,650,000

$538

15.3%

45

4.7%

38

Santa Clara

$1,307,573

15.6%

$1,265,000

17.7%

$2,600,000

$869

16.1%

625

19.7%

14

Saratoga

$2,672,873

6.5%

$2,500,000

6.4%

$10,500,000

$989

8.2%

296

-3.6%

31

Stanford

$2,673,750

8.9%

$2,650,000

6.0%

$3,100,000

$1,077

8.5%

8

-11.1%

26

Sunnyvale

$1,703,369

16.6%

$1,725,000

15.7%

$4,000,000

$1,067

17.4%

566

-0.7%

13

$675,000

-18.2%

$675,000

-18.2%

$675,000

$993

245.0%

1

0.0%

1

$1,447,136

12.3%

$1,175,000

15.8%

$25,000,000

$755

11.0%

10656

2.9%

20

Watsonville Santa Clara County

C ON D O S Condos Santa Clara County

Average Sale Price $806,737

10.4%

Median Sale Price $734,966

11.4%

High Sale $3,195,000

AVG Price/SF $629

9.2%

# of Sales 4210

-1.8%

DOM 17

*No Sales recorded for 2016. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 29

SA NTA CRUZ COU NT Y

30 | 2018 Market Report, 2017 Data

S A N TA C RUZ C OU N T Y S A L E S BY C I T Y · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price City Aptos

2017

±%

Median Sale Price 2017

±%

High Sale 2017

AVG Price/SF 2017

±%

# of Sales 2017

±%

DOM 2017

$1,125,533

5.8%

$995,000

13.7%

$5,700,000

$566

1.1%

303

17.9%

46

Ben Lomond

$712,642

13.1%

$685,000

8.0%

$1,790,000

$484

9.2%

80

17.6%

30

Boulder Creek

$608,176

1.0%

$600,000

5.4%

$1,300,000

$447

7.3%

168

9.1%

36

Brookdale

$606,721

13.0%

$592,000

3.9%

$1,700,000

$378

-2.5%

15

66.7%

49

$1,234,151

9.5%

$990,000

10.0%

$3,750,000

$801

7.1%

52

-5.5%

38

Corralitos

$824,168

-15.2%

$810,000

-5.4%

$1,085,000

$491

6.4%

15

-42.3%

87

Davenport

$856,000

-10.2%

$810,000

3.6%

$949,000

$768

-8.9%

3

-25.0%

13

Felton

$663,047

14.1%

$601,500

9.4%

$2,480,000

$490

9.9%

107

10.3%

41

Capitola

Freedom

$499,606

7.2%

$525,000

6.1%

$660,000

$361

8.8%

21

-8.7%

19

La Selva Beach

$1,031,565

-15.4%

$990,000

-16.6%

$2,325,000

$574

6.6%

23

-23.3%

61

Los Gatos

$1,121,964

2.4%

$997,500

-8.9%

$2,400,000

$517

12.7%

46

-31.3%

52

$613,250

-5.6%

$559,500

-20.1%

$873,000

$435

-2.3%

4

-20.0%

31

$1,131,153

9.0%

$935,000

7.2%

$5,600,250

$687

14.5%

543

5.6%

35

Mount Hermon Santa Cruz Scotts Valley

$1,001,616

5.7%

$922,250

5.7%

$1,970,000

$467

3.2%

144

7.5%

39

Soquel

$1,020,758

4.6%

$870,000

4.3%

$2,550,000

$506

8.6%

66

-1.5%

37

$659,197

11.6%

$562,500

7.1%

$5,673,750

$409

12.7%

254

8.1%

46

$944,459

6.3%

$840,000

7.0%

$5,700,000

$552

8.9%

1844

5.4%

40

Watsonville Santa Cruz County

C ON D O S Condos Santa Cruz County

Average Sale Price $570,141

4.0%

Median Sale Price $554,000

5.7%

High Sale $1,695,000

AVG Price/SF $496

6.9%

# of Sales 473

DOM

0.6%

35

Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 31

SOL A NO COUNT Y

32 | 2018 Market Report, 2017 Data

S OL A NO C OU N T Y S A L E S BY C I T Y · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price

Median Sale Price

High Sale

AVG Price/SF

# of Sales

DOM

City

2017

±%

Benicia

$651,703

4.0%

$639,500

4.9%

$1,445,000

$330

5.6%

258

-1.5%

50

Dixon

$419,524

8.7%

$420,000

10.5%

$660,000

$228

6.7%

199

2.1%

39

Elmira

$406,833

26.7%

$315,000

-1.9%

$605,500

$310

65.7%

3

200.0%

47

Fairfield

$459,904

5.8%

$428,000

3.1%

$1,604,251

$243

9.5%

1316

-4.8%

48

Rio Vista

$356,036

12.9%

$349,500

12.7%

$900,000

$218

8.7%

234

1.3%

57

Suisun City

$378,782

8.4%

$370,000

9.8%

$550,000

$235

8.8%

422

2.7%

39

Vacaville

$442,787

4.8%

$420,000

5.0%

$1,350,000

$249

7.9%

1316

-5.1%

43

Vallejo

$395,777

12.2%

$383,000

14.3%

$1,100,000

$259

12.3%

1239

-5.6%

46

$523,333

-17.5%

$500,000

-11.3%

$840,000

$325

-11.6%

3

0.0%

142

$436,049

7.3%

$410,000

6.5%

$1,604,251

$251

9.3%

4990

-3.8%

46

Winters Solano County

2017

±%

2017

2017

±%

2017

±%

2017

FA R M & R A NC H Farms/Ranch Solano County

Average Sale Price $898,423

12.5%

Median Sale Price $725,000

7.4%

High Sale $2,703,000

AVG Price/SF $404

11.0%

# of Sales 47

DOM

-23.0%

115

C ON D O S Condos Solano County

Average Sale Price $272,764

14.1%

Median Sale Price $259,000

19.9%

High Sale $675,000

AVG Price/SF $238

14.0%

# of Sales 425

DOM

6.8%

40

Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 33

SONOM A COUNTY

34 | 2018 Market Report, 2017 Data

S ONOM A C OU N T Y S A L E S BY C I T Y · 2 017 SI NG L E FA M I LY HOM E S Average Sale Price

Median Sale Price

High Sale

AVG Price/SF

# of Sales

DOM

City

2017

±%

2017

Annapolis

$463,167

7.7%

$550,000

23.6%

$674,500

$237

11.9%

3

0.0%

132

Bodega

$391,000

-45.1%

$391,000

-45.1%

$391,000

$272

-40.9%

1

-50.0%

23

Bodega Bay

$941,743

7.8%

$925,000

19.4%

$1,950,000

$501

13.1%

61

10.9%

107

Boyes Hot Sprgs

±%

2017

2017

±%

2017

±%

2017

$535,000

-21.3%

$535,000

-21.3%

$590,000

$531

-2.0%

2

100.0%

130

$25,000,000

1320.0%

$25,000,000

3010.0%

$25,000,000

$1,045

26.3%

1

-66.7%

539

Camp Meeker

$363,792

35.4%

$402,500

53.9%

$585,000

$360

17.3%

12

50.0%

89

Cazadero

$465,679

16.6%

$433,000

10.2%

$945,000

$385

-1.6%

30

-26.8%

64

Cloverdale

$557,405

2.3%

$530,000

9.3%

$1,375,000

$328

7.3%

142

-10.7%

54

Cotati

$630,372

8.0%

$560,689

6.8%

$1,520,000

$366

2.4%

73

-7.6%

45

Duncans Mills

$421,033

-3.6%

$421,100

-13.7%

$462,000

$506

6.6%

3

0.0%

71

Forestville

$501,038

3.7%

$454,000

3.4%

$1,125,000

$442

20.3%

81

8.0%

54

Fulton

$721,000

*

$737,000

*

$760,000

$440

*

4

*

36

Calistoga

Geyserville

$1,209,794

2.3%

$885,000

-11.9%

$3,200,000

$531

4.9%

17

143.0%

110

Glen Ellen

$1,191,324

-12.1%

$1,037,500

-3.5%

$5,150,000

$600

-1.1%

34

-24.4%

89

$627,500

-2.9%

$625,000

0.8%

$935,000

$439

-16.1%

5

-16.7%

44

Graton Guerneville

$468,845

17.2%

$427,000

18.6%

$1,150,000

$406

14.1%

116

-3.3%

55

Healdsburg

$1,209,410

-0.9%

$822,500

-3.1%

$7,996,500

$565

-1.2%

190

-2.1%

82

Jenner Kenwood Monte Rio

$891,490

56.2%

$809,500

46.8%

$1,475,000

$587

35.4%

10

150.0%

144

$1,737,035

40.7%

$1,260,000

50.1%

$7,200,000

$690

12.0%

24

0.0%

96

$528,172

10.9%

$444,500

2.2%

$1,065,000

$459

0.7%

29

0.0%

39

Occidental

$1,009,423

6.3%

$757,000

-6.8%

$2,500,000

$498

-5.5%

13

85.7%

101

Penngrove

$1,142,516

28.5%

$996,000

12.9%

$4,400,000

$478

16.9%

31

-3.1%

79

Petaluma

$795,565

12.0%

$700,000

8.5%

$12,500,000

$442

12.4%

591

4.4%

49

Rio Nido

$382,875

24.9%

$402,000

25.8%

$487,500

$346

17.5%

4

0.0%

47

Rohnert Park

$569,656

9.7%

$553,750

7.5%

$1,500,000

$338

7.0%

274

-1.8%

41

Santa Rosa

$689,633

10.3%

$580,000

8.4%

$4,575,000

$384

9.0%

1913

0.1%

52

Sebastopol

$942,837

5.7%

$866,000

6.9%

$3,200,000

$526

8.5%

210

-5.0%

59

Sonoma

$1,064,660

4.8%

$775,000

5.4%

$5,400,000

$564

9.3%

363

5.8%

66

Stewarts Point

$1,365,000

-68.7%

$1,365,000

-68.7%

$1,365,000

$449

-48.6%

1

0.0%

49

The Sea Ranch

$829,875

5.1%

$750,000

6.2%

$2,400,000

$492

14.4%

106

2.9%

107

Timber Cove

$402,500

15.0%

$402,500

15.0%

$405,000

$255

-58.0%

2

100.0%

100

Villa Grande

$693,667

145.0%

$799,000

314.0%

$855,000

$516

100.0%

3

0.0%

42

$671,414

6.5%

$610,000

7.2%

$2,350,000

$361

7.8%

307

6.6%

52

$765,947

9.1%

$629,950

8.6%

$25,000,000

$423

8.7%

4656

0.8%

57

Windsor Sonoma County

FA R M & R A NC H Farms/Ranch Sonoma County

Average Sale Price $2,612,707

29.3%

Median Sale Price $1,575,500

1.0%

High Sale $30,000,000

AVG Price/SF $994

28.60%

# of Sales 48

-5.9%

DOM 130

C ON D O S Condos Sonoma County

Average Sale Price $393,818

12.0%

Median Sale Price $365,000

10.6%

High Sale $1,000,001

AVG Price/SF $332

11.2%

# of Sales 670

-2.3%

DOM 47

*No Sales recorded for 2016. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2018 Market Report, 2017 Data | 35

SIGNIFIC A NT SA LES 2017

A LAMO

$3,600,000

ATH ERTON

$15,500,000

ATH ERTON

$8,200,000

B E LV E D E R E

$6,850,000

CALISTOGA

$2,850,000

KENTFIELD

$6,100,000

36 | 2018 Market Report, 2017 Data

SIGNIFIC A NT SA LES 2017

L A FAY E T T E

$2,329,888

L O S A LT O S H I L L S

$3,750,000

M E N L O PA R K

$7,400,000

M E N L O PA R K

$4,674,500

N O VA T O

$2,800,000

OA K L A ND

$3,200,000

2018 Market Report, 2017 Data | 37

SIGNIFIC A NT SA LES 2017

OA K L A ND

$2,541,415

OR INDA

$2,400,000

PA L O A LT O

$7,200,000

PIEDMONT

$2,800,000

ROSS

$7,500,000

SAINT HELENA

$5,276,300

38 | 2018 Market Report, 2017 Data

SIGNIFIC A NT SA LES 2017

SAN FR ANCISCO

$8,200,000

SAN FR ANCISCO

$8,000,000

SAN FR ANCISCO

$5,800,000

S A N R A FA E L

$7,300,000

TIBURON

$8,800,000

TIBURON

$10,000,000

2018 Market Report, 2017 Data | 39

V I S I T U S AT

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40 | 2018 Market Report, 2017 Data