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Q3 2019

MARKET REPORT SAN FRANCISCO BAY AREA


2019 MARKET REPORT

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Q3

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2019 MARKET REPORT

The Bay Area Housing Market Welcome to our Q3 Market Report. The following pages present the current state of the Real Estate market throughout the entire San Francisco Bay Area. We begin with economic and real estate commentary presented in partnership with the Rosen Consulting Group (RCG). For our statistical report of the regional housing market, we take a close look at the ten counties associated with the Bay Area. This report focuses primarily on detached single family homes, with added coverage of the significant condominium market in San Francisco. All data is sourced from local Multiple Listing Service (MLS) organizations. TIGHT L A BOR M A R K ET Employment growth in the greater Bay Area continued apace through August, the most recently available data, and the labor market tightened further. In the twelve months through August, regional payrolls increased by 93,000, or by 2.3%. Hiring in the professional and business services and educational and health services sectors continued to anchor job gains, and accounted for nearly half of total payroll expansion. Payrolls in the information services sector, which includes many techrelated firms, as well as in the construction sector, also expanded at a robust pace of 6.2% and 5.2%, respectively. Job gains in these sectors accounted for another quarter of overall job growth. Employment in most other sectors

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increased by at least 5,000 year-over-year, with the notable exception of the trade and other services sectors. Employment in the latter two sectors declined, as retailers and mom-andpop business owners continued to face hiring challenges in the tight regional labor market, as well as declining margins. The regional unemployment rate ticked down to 2.7% in August, matching the previous record low of last fall.

STA BLE HOUSING PR ICES As the third quarter comes to a close, and with it the summer selling season, the Bay Area housing market appears to have settled along a sustainable trajectory, following several years of notoriously fierce competition and rapid price

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2019 MARKET REPORT

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Q3

appreciation. The local affordability challenge reached a peak last fall, following another major uptick in home prices combined with rising mortgage rates. Broader economic uncertainty, driven in large part by the escalation of trade tensions with China, also motivated some potential buyers and sellers to adopt a wait-andsee approach. As a result, home sales and price pressure began to moderate last September, though persistent home-buying competition has largely supported prices at or near record levels during the twelve months since. While tighter inventory available for sale has not helped to release pent up demand among potential buyers, pricing stability, plus lower mortgage rates more recently, has provided some relief, and allowed those saving for a down payment a chance to put their goal closer within reach.

BAY A R E A A FFLUENCE Recently released data by the Census Bureau reveals how the rising auence of Bay Area households has underpinned the demand for Bay Area homes throughout this expansion, and supported price growth in the region. Fewer than 8% of households nationally earned $200,000 or more in 2018, yet nearly one in four Bay Area households earned an income equal to or greater than that threshold, up from approximately 10% in 2010. Since 2010, the number of Bay Area households earning at or above this threshold has increased by nearly 400,000, with a near 80,000 increase in 2018 alone. In San Mateo, Santa Clara, Marin and San Francisco counties, nearly one in three households earned at least $200,000 in 2018.

Share of Bay Area Households Earning $200,000 or More Continued to Expand As percentage of all Bay Area households 25%

Share of $200K+ households by county 23.4%

20% 15%

San Mateo

29.6%

Santa Clara

29.5%

Marin

28.6%

San Francisco

28.5% 20.2%

Contra Costa

10%

16.6%

Santa Cruz

13.3%

Napa

5%

11.0%

Sonoma

18

17

20

16

20

15

20

14

20

20

12

13

20

11

20

10

20

09

20

08

20

20

20

05

20

06 07

Solano 0% 20

21.1%

Alameda

9.9%

National Share 8.0%

Sources: US Census Bureau, RCG

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2019 MARKET REPORT

S A L E S BY C OU N T Y ¡ SI NG L E FA M I LY HOM E S Median Price

Avg. Price per Sq. Foot

Number of Sales

County

2018 Q3

Change

2018 Q3

2019 Q3

Change

2018 Q3

Alameda

$950,000

$924,450

-3%

$597

$591

-1%

2685

2605

-3%

Contra Costa

$660,000

$660,000

0%

$410

$407

-1%

2931

2918

0%

Marin

$1,300,000

$1,288,000

-1%

$725

$717

-1%

607

603

-1%

Napa

$729,000

$726,012

0%

$515

$531

3%

344

350

2%

2019 Q3

2019 Q3

Change

San Francisco

$1,555,000

$1,580,000

2%

$988

$1,022

4%

528

503

-5%

San Mateo

$1,578,500

$1,504,500

-5%

$982

$964

-2%

1094

1042

-5%

Santa Clara

$1,300,000

$1,237,000

-5%

$842

$793

-6%

2581

2541

-2%

Santa Cruz

$900,500

$857,500

-5%

$604

$594

-2%

508

482

-5%

Solano

$455,000

$460,000

1%

$279

$283

1%

1249

1361

9%

Sonoma

$660,500

$667,000

1%

$464

$455

-2%

1232

1276

4%

Bay Area

$940,000

$900,000

-4%

$610

$592

-3%

13,759

13,681

-1%

To put this level of income in perspective, a household earning $200,000 per year could afford to buy a home valued at $1.5 million or more using conventional financing at current rates. And, the difference in Bay Area and national earning power would undoubtedly be even starker if the reported data was expanded to higher levels of income. While Bay Area home prices continue to strain the budget for many local households, the disproportionate rise in high-income households with significant purchasing power has provided support for higher home prices among homes sold.

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SE A SONA L COOLING Active and pending listings suggest that transaction activity could persist near current levels through the end of this month, after which sales are likely to decline as they traditionally do during the holiday and winter season. While home buyers are likely to find fewer options available for sale in the late-fall and winter, home sellers will also face less competition. Overall, limited inventory available for sale and strong underlying demand should continue to support competition for those homes available for sale.

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2019 MARKET REPORT

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Y E A R- OV E R-Y E A R PR IC E C H A NG E S The median Bay Area home price was $900,000 in the third quarter of 2019, down somewhat from the prior year but still up by nearly 6.0% since 2017. The median home price increased modestly year-over-year in San Francisco, Solano and Sonoma counties, was unchanged in Contra Costa County, and approached the year-ago level in Napa and Marin counties. The median home price decreased relative to the year prior in Alameda, Santa Cruz, San Mateo and Santa Clara counties, but remained well above $1.0 million in the latter two counties, at $1.5 and nearly $1.25 million, respectively. On net, the median home price increased in every Bay Area county during the past two years, led by an approximately 16.0% increase in San Francisco County.

Median Sales Price: 2018 Q3 vs. 2019 Q3 $1.6M

San Francisco San Mateo Marin Santa Clara

$1.2M

Price per Square Foot: 2018 Q3 vs. 2019 Q3 $1,100 San Francisco San Mateo $825

Santa Clara Marin

Alameda Santa Cruz

$800K

Napa Sonoma Contra Costa Solano

$400K

$0K 2018 Q3

2019 Q3

$550

Santa Cruz Alameda Napa Sonoma Contra Costa

$275

$0 2018 Q3

Solano

2019 Q3

About Rosen Consulting Group Rosen Consulting Group was founded in 1990 by Dr. Kenneth T. Rosen. Today, Rosen and Arthur Margon are the partners and active managers of the firm consisting of 18 research professionals. Educational backgrounds include PhDs, MBAs, and graduate and undergraduate degrees in real estate, planning, finance, public policy, and economics. In addition to serving as Chairman of RCG, Dr. Rosen is Chairman of the Fisher Center for Real Estate and Urban Economics and Professor Emeritus at the Haas School of Business at the University of California, Berkeley. Dr. Rosen has authored over 100 articles and four books on real estate and real estate finance.

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2019 MARKET REPORT

S A N F R A NC I S C O B AY A R E A C OU N T I E S Napa Sonoma Solano

Marin Contra Costa

San Francisco

Alameda

San Mateo

Santa Clara

Santa Cruz

For our statistical report of the regional housing market, we take a close look at the ten counties associated with the Bay Area (we include Santa Cruz County, as it houses many Bay Area workers and is part of the area served by Golden Gate Sotheby’s International Realty). This report focuses primarily on detached single family homes, with added coverage of the significant condominium market in San Francisco. Data is sourced from local MLS organizations.

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2019 MARKET REPORT

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Q3

SAN FRANCISCO SINGLE FAMILY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$1,555,000

$988

528

23

Q3 2019

$1,580,000

$1,022

503

25

% Change

1.6%

3.5%

-4.7%

12.3%

SF SFH

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$1,700K

2015

2016

2017

2018

2019

$1,580,000

$1,275K $850K $425K

Ju l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 800

2014

636

2015

675

641

600 428

400

2016

598

2017

655

638

571 363

2018

650

631

2019

669

597 626

639

610 528

388

400

503 368

200

Ju

l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 1 Ja 5 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

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S A N F R A NC I S C O : SI NG L E FA M I LY

2019 MARKET REPORT

S A L E S BY DI S T R IC T · SI NG L E FA M I LY HOM E S · Q3 2 01 9 City

Average

District 1

$2,654,458

Median

High Sale

$2,073,334

$18,000,000

Price/SF

# of Sales

$1,075

32

DOM 34

District 2

$1,539,574

$1,490,000

$2,850,000

$977

98

24

District 3

$1,329,023

$1,300,000

$2,225,000

$884

43

20

District 4

$1,887,085

$1,700,000

$3,900,000

$1,010

61

23

District 5

$2,832,261

$2,550,000

$8,700,000

$1,267

85

21

District 6

$2,722,143

$2,700,000

$4,150,000

$1,127

7

36

District 7

$4,908,850

$4,700,000

$9,150,000

$1,394

20

40

District 8

$2,788,750

$3,375,000

$3,600,000

$1,055

4

33

District 9

$1,837,145

$1,602,500

$4,700,000

$1,105

50

34

District 10

$1,164,853

$1,125,000

$1,806,000

$830

103

24

San Francisco

$1,966,297

$1,580,000

$18,000,000

$1,022

503

25

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

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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

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2019 MARKET REPORT

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SAN FRANCISCO CONDOS Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$1,190,000

$1,123

711

33

Q3 2019

$1,270,000

$1,151

632

34

% Change

6.7%

2.5%

-11.1%

3.7%

SF Condos

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$1,300K

2015

2016

2017

2018

2019

$1,270,000

$975K $650K $325K

Ju l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1000

2014

812

750

2015

2017

864 762

682 583

500

2016

757

590

627

2019

900

833

823

748 742 734 567

2018

637

900 711 716

632 512

250

Ju

l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 1 Ja 8 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

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S A N F R A NC I S C O S A L E S : C ON D O S

2019 MARKET REPORT

S A L E S BY DI S T R IC T · C ON D O S · Q3 2 01 9 City

Average

District 1

$1,421,091

Median

High Sale

Price/SF

# of Sales

$1,355,000

$2,400,000

$992

33

DOM 23

District 2

$1,109,417

$1,150,000

$1,800,000

$1,076

12

34

District 3

$1,138,626

$1,250,000

$1,449,000

$729

8

88

District 4

$847,606

$744,750

$1,530,000

$789

10

41

District 5

$1,577,351

$1,505,000

$3,275,000

$1,185

89

20

District 6

$1,343,620

$1,272,500

$2,405,000

$1,152

66

38

District 7

$1,879,474

$1,660,000

$5,750,000

$1,289

79

24

District 8

$1,222,956

$1,005,000

$4,500,000

$1,167

103

53

District 9

$1,296,055

$1,200,000

$4,175,000

$1,201

211

32

$777,678

$795,000

$1,100,000

$675

21

44

$1,378,321

$1,270,000

$5,750,000

$1,151

632

34

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

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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

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2019 MARKET REPORT

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ALAMEDA COUNTY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$950,000

$597

2685

19

Q3 2019

$924,450

$591

2605

26

% Change

-2.7%

-0.9%

-3.0%

33.6%

Alameda County

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$1,000K

2015

2016

2017

2018

2019

$924,450

$750K $500K $250K

Ju

O ct

l2 01 4 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 2014

3200 3060

2015 3147

3070

2016

2630

2538

2885 2910 2578

2017

2018

2880 2838 2633

3008 2685

2019

2899 2605

2294

2400 1773

1764

1801

1786

1710

1600 800

Ju

l2 01 4 O ct 20 1 Ja 4 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 1 Ja 7 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

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A L A M E DA C OU N T Y S A L E S

2019 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q3 2 01 9 City Alameda

Average $1,212,476

Median

High Sale

Price/SF

$1,200,000

$3,000,000

$700

# of Sales

DOM

107

19

Albany

$1,259,409

$1,257,500

$2,400,000

$854

36

33

Berkeley

$1,469,880

$1,375,000

$3,899,999

$873

141

18

Castro Valley

$940,214

$880,000

$2,950,000

$539

128

22

Dublin

$1,110,356

$1,050,000

$2,205,000

$496

124

31

Emeryville

$842,500

$842,500

$1,200,000

$664

2

22

Fremont

$1,230,904

$1,143,000

$2,961,000

$693

311

30

Hayward

$768,990

$705,000

$1,968,000

$482

260

29

$927,110

$815,000

$3,688,888

$486

269

27

$978,497

$946,250

$1,585,000

$586

96

43

Livermore Newark Oakland

$953,130

$830,000

$2,800,000

$593

637

23

Piedmont

$2,260,560

$2,000,000

$6,625,000

$809

25

25

Pleasanton

$1,384,876

$1,225,000

$4,275,000

$576

173

34

San Leandro

$741,551

$725,000

$1,350,000

$522

148

18

San Lorenzo

$677,768

$685,000

$850,000

$524

66

15

Sunol Union City Alameda County

$856,500

$856,500

$971,000

$574

2

60

$941,352

$900,000

$1,555,000

$524

80

29

$1,037,568

$924,450

$6,625,000

$591

2605

26

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2019 MARKET REPORT

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CONTRA COSTA COUNTY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$660,000

$410

2931

27

Q3 2019

$660,000

$407

2918

32

% Change

0.0%

-0.7%

-0.4%

21.7%

Contra Costa

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$700K

2015

2016

2017

2018

2019

$660,000

$525K $350K $175K

Ju

O ct

l2 01 4 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 3400 2550 1700

2014

2966

2015 3330 3248

2504 2021

2016

3146 3085

2670 2016

2017

2018

3198 3162

2700 2076

3193

2692 2059

2019

3055

2931

2918

2296 1694

850

Ju

l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 1 Ja 6 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

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C ON T R A C O S TA C OU N T Y S A L E S

2019 MARKET REPORT

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S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q3 2 01 9 City Alamo

Average

Median

High Sale

Price/SF

# of Sales

DOM

$1,969,614

$1,820,000

$4,350,000

$569

41

53

Antioch

$483,912

$486,000

$820,000

$256

342

25

Bay Point

$462,906

$430,000

$785,000

$312

45

29

Bethel Island

$556,500

$522,500

$780,000

$286

5

84

Brentwood

$639,772

$617,540

$1,225,000

$280

282

42

Byron

$710,000

$710,000

$960,000

$362

2

146

Clayton

$921,511

$918,000

$1,325,000

$377

37

36

Concord

$666,923

$642,500

$1,340,000

$420

324

24

Crockett

$603,667

$615,000

$832,000

$371

9

41

Danville

$1,476,433

$1,375,000

$3,888,888

$526

182

40

Diablo

$2,753,125

$2,292,500

$6,400,000

$605

8

171

Discovery Bay

$660,458

$618,500

$1,670,000

$255

114

59

El Cerrito

$970,750

$925,000

$1,900,000

$651

52

19

El Sobrante

$618,219

$604,000

$975,000

$400

46

31

Hercules

$714,629

$690,000

$1,188,888

$351

42

28

Kensington

$1,169,091

$1,230,000

$1,300,000

$778

11

16

Knightsen

$770,000

$770,000

$770,000

$531

1

21

Lafayette

$1,716,517

$1,500,000

$4,475,000

$638

73

36

Martinez

$706,464

$668,000

$2,408,000

$412

104

26

$1,443,253

$1,432,500

$1,969,000

$607

38

28

Moraga Oakley

$543,719

$512,500

$2,400,000

$266

170

35

Orinda

$1,662,436

$1,480,000

$4,850,000

$618

75

43

Pacheco

$588,119

$560,000

$730,000

$421

8

22

Pinole

$612,108

$595,000

$900,000

$404

53

24

Pittsburg

$476,463

$460,000

$875,000

$291

139

26

Pleasant Hill

$866,038

$810,000

$1,960,000

$491

89

25

-

-

-

-

0

-

Port Costa Richmond

$609,401

$577,000

$1,350,000

$436

198

24

Rodeo

$533,659

$560,000

$680,000

$372

22

29

San Pablo

$524,763

$525,000

$738,000

$436

53

27

San Ramon

$1,182,702

$1,112,000

$2,465,000

$508

195

34

Walnut Creek

$1,263,476

$1,200,250

$4,400,000

$585

158

26

$835,354

$660,000

$6,400,000

$407

2918

32

Contra Costa County

Each office is independently owned and operated.

Q3


2019 MARKET REPORT

|

Q3

MARIN COUNTY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$1,300,000

$725

607

47

Q3 2019

$1,288,000

$717

603

50

% Change

-0.9%

-1.1%

-0.7%

6.3%

Marin

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$1,500K

2015

2016

2017

2018

2019

$1,288,000 $1,125K $750K $375K

Ju

O ct

l2 01 4 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 800

2014

600 400

2015

2016

721

2017

715 635

623 529

615 527 513

521 383

2018

741

341

335

2019

725

716 607

551

603 490

356

342

200

Ju

l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 1 Ja 6 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

Each office is independently owned and operated.


M A R I N C OU N T Y S A L E S

2019 MARKET REPORT

|

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q3 2 01 9 City Belvedere

Average

Median

$3,760,000

High Sale

$3,670,000

Price/SF

# of Sales

$5,050,000

$1,272

DOM

5

71

Bolinas

$1,307,500

$1,307,500

$1,765,000

$NaN

2

84

Corte Madera

$1,455,544

$1,363,000

$2,800,000

$814

34

35

Dillon Beach

$643,375

$643,375

$695,000

$764

2

19

$1,119,630

$1,005,822

$2,900,000

$654

27

35

$1,000,000

$1,000,000

$1,000,000

$312

1

134

Greenbrae

$1,681,073

$1,700,000

$2,300,000

$744

15

49

Inverness

$1,786,250

$1,722,500

$2,700,000

$985

4

32

Kentfield

$2,625,340

$2,251,000

$7,000,000

$982

20

40

Lagunitas

$1,068,630

$1,115,888

$1,460,000

$535

6

69

Fairfax Forest Knolls

Larkspur

$2,111,429

$1,662,500

$4,500,000

$998

14

41

Marshall

$1,250,000

$1,250,000

$1,250,000

$815

1

47

Mill Valley

$2,023,643

$1,699,300

$6,550,000

$889

79

45

Muir Beach

-

-

-

-

0

-

Nicasio

-

-

-

-

0

-

Novato

$1,082,168

$969,750

$2,260,000

$482

142

63

-

-

-

-

0

-

Olema Pt. Reyes Station

$2,067,500

$2,067,500

$3,300,000

$948

2

116

Ross

$4,601,818

$3,595,000

$10,500,000

$1,180

11

52

San Anselmo

$1,362,278

$1,202,000

$2,950,000

$705

45

39

San Geronimo San Rafael Sausalito

-

-

-

-

0

-

$1,268,995

$1,175,000

$3,378,375

$627

135

45

$1,764,526

$1,610,000

$3,300,000

$955

15

48

$2,385,800

$2,900,000

$3,850,000

$1,896

5

32

Tiburon

$2,728,611

$2,651,600

$5,500,000

$997

30

68

Tomales

-

-

-

-

0

-

$1,010,625

$1,087,500

$1,230,000

$489

8

58

$1,583,346

$1,288,000

$10,500,000

$717

603

50

Stinson Beach

Woodacre Marin County

Each office is independently owned and operated.

Q3


2019 MARKET REPORT

|

Q3

NAPA COUNTY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$729,000

$515

344

67

Q3 2019

$726,012

$531

350

84

% Change

-0.4%

3.0%

1.7%

24.9%

Napa

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$800K

2015

2016

2017

2018

2019

$726,012

$600K $400K $200K

Ju

O ct

l2 01 4 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 400

2014

300 200

2015

362

2016

382

360

2017

387

360 321

308 271 259

280 242

2018

267

342 288

2019

320

338 350

344 291

254 188

100

Ju

l2 01 4 O ct 20 1 Ja 4 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 1 Ja 5 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

Each office is independently owned and operated.


N A PA C OU N T Y S A L E S

2019 MARKET REPORT

|

S A L E S BY C I T Y ¡ SI NG L E FA M I LY HOM E S ¡ Q3 2 01 9 City American Canyon Angwin Calistoga Napa Oakville

Average

Median

High Sale

Price/SF

$540,596

$525,000

$789,000

$733,333

$650,000

$972,500

$3,381,222

$710,000

$23,700,000

# of Sales

$290

DOM

47

65

$294

3

143

$584

9*

59

$987,006

$727,762

$13,325,000

$517

246

80

$7,200,000

$7,200,000

$7,200,000

$1,600

1

109

-

-

-

-

0

-

Pope Valley Rutherford

$890,000

$890,000

$890,000

$876

1

130

St. Helena

$1,903,959

$1,460,000

$4,700,000

$889

37

125

Yountville

$1,200,000

$1,080,000

$2,000,000

$637

6

141

$1,104,511

$726,012

$23,700,000

$531

350

84

Napa County

*2 Calistoga sales in Q3 2019 were within the boundaries of Sonoma County but we include them Napa County sales to keep Calistoga sales together.

Each office is independently owned and operated.

Q3


2019 MARKET REPORT

|

Q3

SAN MATEO COUNTY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$1,578,500

$982

1094

22

Q3 2019

$1,504,500

$964

1042

27

% Change

-4.7%

-1.8%

-4.8%

18.9%

San Mateo

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$1,700K

2015

2016

2017

2018

2019

$1,504,500 $1,275K $850K $425K

Ju l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 2014

2015

1400 1341 1130

753

2017

1213

1037

1050 700

1280 1254

2016

728

1172

1303

1254

1129 1122

1083 729

2019

2018

1094 758

1204 1042

1035 719

350

Ju

l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 1 Ja 7 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

Each office is independently owned and operated.


S A N M AT E O C OU N T Y S A L E S

2019 MARKET REPORT

|

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q3 2 01 9 City Atherton

Average $6,961,500

Median

High Sale

Price/SF

# of Sales

DOM

$5,750,000

$20,500,000

$1,845

12

70

Belmont

$1,755,873

$1,700,500

$2,600,000

$1,009

54

20

Brisbane

$1,682,333

$1,700,000

$2,350,000

$755

6

19

Burlingame

$2,619,656

$2,425,000

$4,580,000

$1,148

41

24

Colma

$1,000,925

$1,110,000

$1,110,000

$669

3

21

Daly City

$1,114,390

$1,149,500

$1,580,000

$755

84

15

East Palo Alto

$1,016,625

$947,500

$1,625,000

$817

24

25

El Granada

$1,167,792

$1,178,750

$1,450,000

$628

12

54

Foster City

$1,879,768

$1,850,000

$2,400,000

$901

31

22

Half Moon Bay

$1,395,299

$1,325,000

$2,710,000

$680

33

33

Hillsborough

$4,373,505

$4,200,000

$9,000,000

$1,071

29

38

La Honda

$1,056,000

$1,012,500

$1,500,000

$833

4

89

Loma Mar

-

-

-

-

0

-

Menlo Park

$2,662,562

$2,265,000

$8,100,000

$1,336

71

28

Millbrae

$1,900,414

$1,828,000

$3,650,000

$958

29

18

Montara

$1,340,714

$1,250,000

$2,200,000

$727

7

13

Moss Beach

$1,416,367

$1,185,000

$3,695,000

$738

15

45

Pacifica

$1,167,954

$1,150,000

$1,750,000

$781

79

21

Pescadero

$1,470,500

$1,110,000

$3,250,000

$761

4

199

Portola Valley

$3,816,769

$2,650,000

$13,750,000

$1,337

13

87

Redwood City

$1,740,073

$1,637,500

$3,700,000

$1,013

144

27

Redwood Shores

$2,092,188

$2,040,000

$2,450,000

$1,001

8

30

San Bruno

$1,186,089

$1,210,000

$1,665,000

$846

45

18

San Carlos

$2,092,861

$1,860,000

$4,000,000

$1,090

79

22

San Gregorio

-

-

-

-

0

-

San Mateo

$1,671,078

$1,500,000

$4,650,000

$989

136

21

South San Francisco

$1,118,770

$1,100,000

$1,580,000

$825

69

18

Woodside

$4,160,900

$2,375,000

$16,750,000

$878

10

130

San Mateo County

$1,843,468

$1,504,500

$20,500,000

$964

1042

27

Each office is independently owned and operated.

Q3


2019 MARKET REPORT

|

Q3

SANTA CLARA COUNTY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$1,300,000

$842

2581

22

Q3 2019

$1,237,000

$793

2541

29

% Change

-4.8%

-5.9%

-1.5%

34.1%

Santa Clara

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$1,400K

2015

2016

2017

2018

2019

$1,237,000 $1,050K $700K $350K

Ju

O ct

l2 01 4 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 3400

2015 3358

2014

2550

2931

3100

2017

3181 2796

2447 1927

1700

2016

2484 1775

2587 1872

3258

2018

3078 2468

1939

2019

3127

2808

2581

2541

2161 1726

850

Ju

l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 1 Ja 5 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

Each office is independently owned and operated.


S A N TA C L A R A C OU N T Y S A L E S

2019 MARKET REPORT

|

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q3 2 01 9 City

Average

Alviso

Median

High Sale

Price/SF

-

-

Campbell

$1,461,800

$1,380,000

$2,775,000

Cupertino

$2,189,549

$2,128,500

$3,750,000

Gilroy

-

# of Sales -

DOM

0

-

$850

67

28

$1,126

63

25

$876,039

$785,000

$2,495,000

$408

161

34

Los Altos

$3,379,298

$3,244,500

$6,750,000

$1,405

90

24

Los Altos Hills

$4,303,676

$4,100,000

$7,500,000

$1,319

17

38

Los Gatos

$2,210,362

$1,972,500

$6,800,000

$928

92

38

Milpitas

$1,143,666

$1,100,000

$2,020,000

$701

82

20

Monte Sereno

$3,158,523

$3,100,000

$4,400,000

$1,147

11

39

Morgan Hill

$1,122,850

$1,035,000

$2,749,000

$461

133

33

Mountain View

$2,070,649

$2,013,000

$4,000,000

$1,346

69

21

Palo Alto

$3,538,980

$3,084,375

$11,080,000

$1,571

74

35

San Jose

$1,181,108

$1,085,000

$3,600,000

$680

1332

28

San Martin

$1,362,931

$1,100,000

$3,608,000

$571

11

36

Santa Clara

$1,345,568

$1,300,000

$2,370,000

$904

143

28

Saratoga

$2,873,348

$2,575,000

$7,785,000

$1,043

79

47

Stanford

$2,000,000

$2,000,000

$2,000,000

$1,057

1

37

Sunnyvale

$1,688,825

$1,690,000

$2,965,000

$1,048

116

27

Santa Clara County

$1,513,476

$1,237,000

$11,080,000

$793

2541

29

Each office is independently owned and operated.

Q3


2019 MARKET REPORT

|

Q3

SANTA CRUZ COUNTY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$900,500

$604

508

34

Q3 2019

$857,500

$594

482

39

% Change

-4.8%

-1.7%

-5.1%

14.7%

Santa Cruz

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$1,000K

2015

2016

2017

2018

2019

$857,500 $750K $500K $250K

Ju

O ct

l2 01 4 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 700

2014

2015

350

2017

2018

595 616

582

525

2016

494 515

445

443 356

477 496

416 323

327

544

2019

528 508

457

431 340

482

284

175

Ju

l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

Each office is independently owned and operated.


S A N TA C RUZ C OU N T Y S A L E S

2019 MARKET REPORT

|

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q3 2 01 9 City Aptos

Average

Median

$1,137,776

High Sale

Price/SF

# of Sales

DOM

$875,000

$6,000,000

$629

61

45

Ben Lomond

$755,524

$765,000

$1,150,000

$497

21

34

Boulder Creek

$615,595

$640,000

$1,135,000

$472

51

38

Brookdale

$748,492

$661,900

$1,239,000

$461

6

34

Capitola

$1,562,382

$1,060,000

$6,150,000

$1,006

17

30

Corralitos

$1,165,750

$992,000

$2,000,000

$435

4

39

Davenport

$603,800

$603,800

$949,000

$754

2

83

Felton

$629,660

$662,950

$1,020,000

$485

32

24

Freedom

$608,500

$608,500

$705,000

$458

2

26

La Selva Beach

$1,885,653

$1,256,960

$3,400,000

$747

3

31

Los Gatos

$1,107,500

$1,250,000

$1,609,500

$527

7

75

$660,000

$660,000

$690,000

$490

2

9

Santa Cruz

$1,166,879

$970,000

$5,495,000

$688

165

41

Scotts Valley

Mount Hermon

$1,109,918

$1,150,000

$1,935,000

$511

35

32

Seacliff

-

-

-

-

0

-

Soquel

$1,408,474

$1,159,000

$4,250,000

$593

19

49

$694,805

$615,000

$3,637,500

$442

55

38

$1,008,383

$857,500

$6,150,000

$594

482

39

Watsonville Santa Cruz County

Each office is independently owned and operated.

Q3


2019 MARKET REPORT

|

Q3

SOLANO COUNTY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$455,000

$279

1249

44

Q3 2019

$460,000

$283

1361

51

% Change

1.1%

1.1%

9.0%

15.5%

Solano

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average 2014

$460K

2015

2016

2017

2018

2019

$460,000

$345K $230K $115K

Ju l

20 14 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 2014

1600 1200 800

2015

1219 1056

923

1502 1476

2016

1204 1050

1381

2017

1461

2018

1398 1407 1229

1296 1015

2019

1323 1000

1264

1249

1361

990 827

400

Ju l

20 14 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

Each office is independently owned and operated.


S OL A NO C OU N T Y S A L E S

2019 MARKET REPORT

|

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q3 2 01 9 City Benicia

Average

Median

High Sale

Price/SF

# of Sales

DOM

$711,756

$687,500

$1,275,000

$355

92

61

$456,918

$445,000

$875,000

$253

69

50

-

-

-

-

0

-

Fairfield

$513,065

$485,000

$2,100,000

$266

395

53

Rio Vista

$393,947

$362,500

$1,300,000

$246

53

57

Suisun City

$422,393

$420,000

$685,000

$267

91

42

Vacaville

$494,929

$475,000

$1,700,000

$281

362

47

Vallejo

$438,148

$415,000

$788,000

$301

296

49

Dixon Elmira

Winters

$602,333

$717,500

$719,500

$403

3

73

Solano County

$492,027

$460,000

$2,100,000

$283

1361

51

Each office is independently owned and operated.

Q3


2019 MARKET REPORT

|

Q3

SONOMA COUNTY Y E A R- OV E R-Y E A R C OM PA R I S ON Median Price

Price/SF

# of Sales

DOM

Q3 2018

$660,500

$464

1232

54

Q3 2019

$667,000

$455

1276

65

% Change

1.0%

-1.8%

3.6%

19.9%

Sonoma

5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $700K

2014

2015

2016

2017

2018

2019

$667,000

$525K $350K $175K

Ju l

20 14 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 2014

1400

1386

2015

1129

1050 794

700

1320

1397

2016

1197

1285

2017

1350 1107

880

1298

1363

2019

2018

1213 1232

1202

1231 1276

1051 842

894 725

350

Ju l2 01 4 O ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 5 O ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 6 O ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 7 O ct 20 Ja 17 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 Ap 19 r2 0 Ju 19 l2 01 9

0

Each office is independently owned and operated.


S ONOM A C OU N T Y S A L E S

2019 MARKET REPORT

|

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q3 2 01 9 City Asti

Average $705,420

Bodega Bodega Bay

Median

High Sale

$705,420

Price/SF

$705,420

# of Sales

$445

1

DOM 20

-

-

-

-

0

-

$908,688

$940,000

$1,385,000

$524

16

104

Boyes Hot Springs

-

-

-

-

0

-

$240,000

$240,000

$240,000

$436

1

87

$1,221,667

$523,000

$4,900,000

$587

6

258

Cloverdale

$555,106

$525,000

$1,380,000

$367

33

70

Cotati

$737,525

$667,225

$1,250,000

$419

18

53

Camp Meeker Cazadero

Duncans Mills Forestville Fulton

-

-

-

-

0

-

$549,198

$505,000

$1,175,000

$407

25

69

$1,740,000

$1,740,000

$1,740,000

$511

1

30

Geyserville

$903,500

$730,500

$1,350,000

$387

3

149

Glen Ellen

$1,212,429

$1,400,000

$2,345,000

$635

7

67

Graton

$835,000

$835,000

$845,000

$728

2

18

Guerneville

$518,210

$475,000

$1,150,000

$461

49

52

Healdsburg

$1,464,439

$918,250

$6,450,000

$658

48

110

$710,833

$725,000

$1,072,500

$672

3

210

Kenwood

$929,250

$839,000

$1,495,000

$581

6

112

Monte Rio

$485,089

$427,000

$800,000

$394

8

62

Occidental

$1,435,375

$930,000

$4,000,000

$614

8

110

Penngrove

Jenner

$1,039,925

$1,087,500

$1,425,000

$463

12

56

Petaluma

$842,438

$737,500

$2,900,000

$449

171

47

Rohnert Park

$600,665

$585,000

$825,000

$366

78

46

$730,771

$625,000

$8,650,000

$409

476

63

Sebastopol

$1,130,107

$995,000

$3,550,000

$559

76

70

Sonoma

$1,128,868

$775,000

$14,000,000

$592

114

70

$877,571

$787,500

$2,325,000

$523

26

83

Santa Rosa

The Sea Ranch Timber Cove

$650,000

$650,000

$650,000

-

1

299

Villa Grande

$406,000

$406,000

$406,000

$423

1

27

Windsor

$739,081

$673,250

$2,345,000

$394

86

53

Sonoma County

$826,607

$667,000

$14,000,000

$455

1276

65

Each office is independently owned and operated.

Q3


2019 MARKET REPORT

|

Q3

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This report is based on information from BAREIS, SFAR, BayEast, MLSListings, Inc. and CAR. The information included has not been independently verified. Golden Gate Sotheby’s International Realty does not guarantee nor is in any way responsible for its accuracy. Data may not reflect all real estate activity in the market. ©2019 Golden Gate Sotheby’s International Realty GGSIR2019Q3-1.1

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Current Market Report (Monthly/Quarterly)  

San Francisco Bay Area Current Market Report. Presented by Golden Gate Sotheby's International Realty

Current Market Report (Monthly/Quarterly)  

San Francisco Bay Area Current Market Report. Presented by Golden Gate Sotheby's International Realty