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Q2 2018

MARKET REPORT SAN FRANCISCO BAY AREA


2018 MARKET REPORT

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Q2

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2018 MARKET REPORT

The Bay Area Housing Market Welcome to our Q2 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). We take an in-depth look at national economic and legislative factors influencing the market and highlight local variables, including increased Venture Capital (VC) funding, population increase and employment growth, all of which are driving up median home prices throughout the San Francisco Bay Area. 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. The Bay Area housing market continues to improve, driven largely by economic expansion. Rising incomes and broad-based hiring supports elevated housing demand, and drives home price appreciation. For the Bay Area in particular, VC funding is a critical force in business innovation and a key indicator of investor confidence in the economy. VC funding in the Bay Area strengthened within the last year to $9.3 billion as of the first quarter of 2018— the largest amount in seven quarters— and an increase of $2.7 billion since one year prior. In addition to significant VC investment, hiring is robust amongst tech-related companies. Overall employment growth in the Bay Area continued to outpace the nation during the past 24 months, fueled largely by the strength of the tech sector and its

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influence on supporting and traditional industries. A total of approximately 77,000 jobs were created within the last 12 months, with nearly 40% concentrated in tech employment. Many people are attracted to the Bay Area despite a high cost of living and declining housing affordability, because the area contains a large innovation epicenter with many high-wage jobs. In fact, the total Bay Area population rose by almost 36,000 people between 2016 and 2017. Looking ahead, the superior startup environment and access to VC funding should continue to attract highlyeducated talent, and subsequently foster tech-related expansion. In addition, deregulation and the Tax Cuts and Jobs Act (TCJA) should further support growth and hiring in the tech-related industries.

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Q2


2018 MARKET REPORT

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Q2

M E DI A N S A L Sales E S PR IC E G ROW T H ( Y(Year-over-Year) E A R- OV E R-Y E A R ) Median Price Growth 18.7%

Santa Clara Bay Area

15.9%

Alameda

13.6%

San Mateo

12.6%

San Francisco

12.5% 10.9%

Sonoma

9.5%

Solano 7.4%

Marin Contra Costa

6.5%

Santa Cruz

6.5% 5.2%

United States Napa 0%

4.3% 5%

Robust local economic growth, low mortgage rates and limited inventory contributed to rising home pricesPrice in Median Sales recent years, with median home prices reaching record highs in many areas. Santa Claramedian single family sales The Bay Area price increased by $140,000 within the Bay to Area last year $1,020,000 as of the second quarter 2018. Median home price Alameda growth in Santa Clara County outpaced both the Bay Area and the nation San the Mateo within last year, with home price appreciation in Alameda, San Mateo San and Francisco San Francisco Counties closely behind. Moving forward, continued United States 5.2% 0%

5%

10%

15%

20%

demographic and employment growth should fuel household formation. As a result, buyer demand and sales activity Growth (Year-over-Year) should remain elevated in coming years. Specifically, the large number of high18.7% income households in the Bay Area should sustain demand for single family 15.9% housing even as home prices continue to rise. While home price appreciation 13.6% may slow from the strong pace of recent years, limited inventory of homes for sale 12.6% and elevated housing demand should support strong single family housing 12.5% market conditions and continued home price appreciation. 10%

15%

20%

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2018 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

Price per Sq. Foot

County

2017 Q2

Alameda

$890,000

$1,010,000

14%

Contra Costa

$650,000

$690,000

6%

$1,315,000

$1,412,500

7%

$733

Marin Napa

2018 Q2

% Change

2017 Q2

2018 Q2

% Change

$547

$617

13%

$392

$419

7%

$752

3%

$675,660

$705,000

4%

$447

$500

12%

San Francisco

$1,440,000

$1,620,000

13%

$919

$1,020

11%

San Mateo

$1,455,000

$1,650,000

13%

$902

$1,028

14%

Santa Clara

$1,175,000

$1,400,000

19%

$751

$904

20%

Santa Cruz

$850,500

$902,500

6%

$576

$605

5%

Solano

$410,000

$449,000

10%

$247

$276

12%

Sonoma

$624,546

$690,000

11%

$422

$476

13%

The new tax law that went into effect is concerning for some, as many think that the December 2017 changes to the mortgage interest deduction (MID) and the state and local tax (SALT) deductions may impact households by eliminating some deductions and limiting the ability to itemize deductions. Many households may not be drastically impacted, because the changes to the MID and SALT deductions are largely offset by substantial benefits of lower effective tax rates and limitations on the alternative minimum tax (AMT) that previously impacted many Bay Area residents. Upper income households are more likely to be impacted by these changes. However, these changes should cause an expected minimal impact on incomes overall, and are unlikely to drastically influence housing decisions and demand

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amongst higher-income households. As a result, these changes should not substantially affect the Bay Area housing market. Another net positive of the new tax laws are the decrease in corporate income tax rates, exemption of 20% of pass-through entities income from taxation and a reduction in the tax rate for mandatory repatriation of profits earned abroad. The net effect should result in a rise in capital, thereby boosting consumer confidence and strengthening housing demand. Additionally, because many high earner households are small business owners or receive a large share of income through pass-through entities, these households in particular will benefit from these changes, giving way to stronger housing demand and boosting the local housing market.

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Q2


2018 MARKET REPORT

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Q2

Y E A R- OV E R-Y E A R PR IC E C H A NG E S Some of the largest Bay Area home price increases were in the higher-priced counties of Santa Clara (19%), San Mateo (13%) and San Francisco (13%). However, the second-highest home price increase was in Alameda County at 14%. Counties with the smallest gains were Napa (4%), Santa Cruz (6%), Contra Costa (7%) and Marin (7%). In addition, home price gains continued at a strong pace between 10% and 11% in Solano and Sonoma Counties.

Median Sales Price: 2017 Q2 vs. 2018 Q2 $1.8m

Price per Square Foot: 2017 Q2 vs. 2018 Q2 $1,100

San Mateo San Francisco Marin Santa Clara

$1.35m

San Mateo San Francisco Santa Clara

$825 Marin

Alameda Santa Cruz

$900k

$550

Napa Contra Costa Sonoma Solano

$450k

$0 2017 Q2

2018 Q2

$275

$0 2017 Q2

Alameda Santa Cruz Napa Sonoma Contra Costa Solano

2018 Q2

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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2018 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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Q2


2018 MARKET REPORT

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Q2

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

Q2 2017

$1,440,000

$919

650

27

Q2 2018

$1,620,000

$1,020

657

20

% Change

12.5%

11.0%

1.1%

-27.3%

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 $1,700K

2013

2014

2015

2016

2017

2018

$1,620,000

$1,275K $850K $425K

Ju

Ap r

20 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

$0K

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

2013

746

2014

706 710

628 636

2015

675

641

600 467

400

428

2016

598

2017

655

638

571 363

650

631

388

2018

657

597 622 387

200

Ap r2 0 Ju 13 l2 01 3 O ct 20 1 Ja 3 n 20 Ap 14 r2 0 Ju 14 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 01 8

0

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

2018 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 · Q2 2 018 City

Average

District 1

Median

High Sale

Price/SF

# of Sales

DOM

$2,264,117

$2,038,112

$7,200,000

$1,000

64

19

District 2

$1,634,110

$1,550,000

$3,995,000

$980

117

14

District 3

$1,331,998

$1,320,000

$2,551,013

$913

47

21

District 4

$1,991,217

$1,813,250

$3,925,000

$1,019

100

17

District 5

$2,515,567

$2,350,000

$7,400,000

$1,219

83

23

District 6

$3,757,143

$4,300,000

$5,350,000

$1,226

7

20

District 7

$6,725,822

$5,869,000

$18,500,000

$1,620

30

18

District 8

$4,927,839

$3,564,875

$16,500,000

$1,499

7

45

District 9

$1,831,313

$1,675,000

$4,100,000

$1,091

75

16

District 10

$1,064,515

$1,068,000

$1,875,000

$827

127

25

$2,042,197

$1,620,000

$18,500,000

$1,020

657

20

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 4

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

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 3

DI S T R IC T 5

DI S T R IC T 2

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

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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2018 MARKET REPORT

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Q2

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

Q2 2017

$1,134,500

$1,058

827

35

Q2 2018

$1,235,000

$1,135

884

28

% Change

8.9%

7.3%

6.9%

-22.3%

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 2013

$1,300K

2014

2015

2016

2017

2018

$1,235,000

$975K $650K $325K

Ap

Ju

r2 01 3 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1000 750

2013

961

2014

907

874 866 668

2015

812

2016

2017

864 762

682 583

757

590

884

834

827

748 742 734 567

2018

633

630

500 250

Ap

r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 Ja 17 n 20 Ap 18 r2 01 8

0

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S A N F R A NC I S C O S A L E SSan : CFrancisco ON D OAPR S 2018

2018 MARKET REPORT

HIGH

$11,000,000

MEDIAN

$1,235,000

$1,362,979 AVERAGE

884

$158,132

homes

LOW

S A L E S BY DI S T R IC T · C ON D O S · Q2 2 018 City

Average

District 1

$1,303,887

District 2 District 3

Median

High Sale

$1,247,500

$2,650,000

$1,182,375

$1,242,500

$1,221,901

$1,320,000

Price/SF

# of Sales

DOM

$1,003

54

22

$1,600,000

$973

16

13

$1,550,000

$879

9

34

District 4

$930,071

$830,000

$1,725,000

$907

14

19

District 5

$1,438,160

$1,450,000

$3,729,000

$1,165

137

21

District 6

$1,235,543

$1,240,000

$3,300,000

$1,042

84

34

District 7

$1,764,469

$1,506,300

$8,501,000

$1,318

91

19

District 8

$1,424,151

$1,100,000

$11,000,000

$1,161

129

32

District 9

$1,304,738

$1,201,425

$5,455,000

$1,170

330

31

$793,384

$802,500

$1,169,500

$731

20

34

$1,362,979

$1,235,000

$11,000,000

$1,135

884

28

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 4

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

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 3

DI S T R IC T 5

DI S T R IC T 2

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

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

Each office is independently owned and operated.

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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Q2


2018 MARKET REPORT

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Q2

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

Q2 2017

$877,910

$544

2874

19

Q2 2018

$1,000,000

$615

2966

17

% Change

13.9%

13.0%

3.2%

-13.2%

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 2013

$1,000K

2014

2015

2016

2017

2018

$1,000,000

$750K $500K $250K

Ju

Ap

r2 01 3 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 3200

2013

2943

2014

3033 2718

2844

2015 3147

3060 2538

3070 2630

2016

2017

2885 2910 2578

2879 2835

2018

2966

2629

2400 1856

1773

1764

1799

1750

1600 800

Ap r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

0

Each office is independently owned and operated.


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

2018 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q2 2 018 City Alameda Albany Berkeley Castro Valley

Average $1,170,471

Median $1,125,000

High Sale $2,490,000

Price/SF $683

# of Sales 101

DOM 16

$1,111,217

$1,027,500

$1,680,000

$879

30

12

$1,460,266

$1,380,000

$3,450,000

$802

164

20

$952,356

$930,000

$1,550,000

$536

128

13

Dublin

$1,122,272

$1,090,000

$2,155,000

$514

147

14

Fremont

$1,435,725

$1,279,500

$12,000,000

$799

400

14

Hayward Livermore Newark Oakland Piedmont Pleasanton San Leandro San Lorenzo Sunol

$818,175

$725,000

$2,210,800

$495

275

19

$965,889

$849,475

$3,950,000

$504

324

13

$1,054,335

$1,020,000

$1,548,000

$702

93

10

$976,635

$874,500

$3,250,000

$585

696

22

$2,540,789

$2,300,000

$7,120,000

$895

38

14

$1,453,919

$1,300,000

$5,100,000

$619

241

16

$725,023

$700,000

$1,162,000

$520

175

14

$689,286

$693,000

$800,000

$537

52

16

$1,724,975

$1,724,975

$2,500,000

$564

2

137

Union City

$1,060,933

$1,031,000

$1,535,000

$593

100

11

Alameda County

$1,108,277

$1,000,000

$12,000,000

$615

2966

17

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2018 MARKET REPORT

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Q2

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

Q2 2017

$650,000

$392

3198

22

Q2 2018

$692,444

$420

3108

22

% Change

6.5%

7.1%

-2.8%

0.5%

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 $700K

2013

2014

2015

2016

2017

2018

$692,444

$525K $350K $175K

Ap r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

$0K

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

2013

2014

2990 2979

2015

2942 2966

2475 1922

3330 3248

2504 2021

2016

2017

2700

2670 2016

2018

3197 3160

3146 3085

2075

3108

2690 2004

1700 850

Ap r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

0

Each office is independently owned and operated.


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

2018 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q2 2 018 City Alamo

Average

Median

$1,952,507

$1,750,000

Antioch

$460,084

$460,000

Bay Point

$499,693

$512,000

High Sale $5,425,000

Price/SF

# of Sales

DOM

$570

65

25

$695,000

$265

332

16

$800,000

$298

41

23

Bethel Island

$469,156

$499,900

$600,000

$322

9

73

Brentwood

$620,812

$600,000

$1,400,000

$270

309

28

$1,150,000

$1,150,000

$1,150,000

$294

1

300

Byron Clayton

$869,639

$857,500

$1,350,000

$404

50

26

Concord

$678,699

$655,000

$1,330,000

$419

292

19

Crockett

$561,382

$580,000

$835,000

$346

11

37

Danville

$1,546,849

$1,410,000

$4,395,000

$539

235

21

Diablo

$1,809,917

$1,563,500

$3,150,000

$599

6

33

$664,556

$609,000

$1,550,000

$266

95

47

$1,022,890

$1,000,000

$1,650,000

$654

59

15

Discovery Bay El Cerrito El Sobrante

$668,642

$621,071

$1,200,500

$394

35

18

Hercules

$674,209

$665,000

$962,000

$340

55

24

Kensington

$1,349,615

$1,380,000

$1,825,000

$656

13

22

Knightsen

$725,000

$725,000

$725,000

$213

1

51

Lafayette

$1,810,946

$1,650,000

$4,350,000

$692

98

19

$707,560

$642,500

$2,545,000

$403

114

26

$1,508,591

$1,475,000

$2,800,000

$577

47

22

Martinez Moraga Oakley

$497,565

$495,200

$875,000

$260

158

20

Orinda

$1,705,473

$1,575,000

$4,250,000

$673

97

27

Pacheco

$549,333

$573,500

$615,000

$417

6

8

Pinole

$646,420

$620,000

$1,081,000

$403

44

19

Pittsburg

$491,700

$470,000

$799,000

$287

146

27

Pleasant Hill

$889,647

$852,500

$1,695,000

$520

91

14

Richmond

$577,006

$560,000

$1,680,000

$434

208

20

Rodeo

$550,397

$576,500

$672,000

$367

22

19

San Pablo

$499,123

$480,000

$715,000

$411

57

24

San Ramon

$1,230,824

$1,210,000

$2,632,500

$519

247

13

Walnut Creek

$1,219,881

$1,199,500

$2,400,000

$565

164

16

Contra Costa County

$882,887

$692,444

$5,425,000

$420

3108

22

Each office is independently owned and operated.

|

Q2


2018 MARKET REPORT

|

Q2

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

Q2 2017

$1,315,000

$733

741

43

Q2 2018

$1,412,500

$752

716

40

% Change

7.4%

2.6%

-3.4%

-7.1%

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 2013

$1,500K

2014

2015

2016

2017

2018

$1,412,500

$1,125K $750K $375K

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 17 Ja n 20 Ap 18 r2 01 8

14 Ja

n

20

4 O

ct

20

4

01

01

l2 Ju

14

r2

Ap

13

20

Ja

n

20

O ct

01

l2 Ju

Ap r2

01

3

3

$0K

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

2014

786 695

2015

775

721 623

600

558

529 417

400

2016

635

2018

741

716 615

527 513

521 383

2017

715

341

335

550 351

200

Ju

Ap r2

01 3 l2 01 O 3 ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 l2 01 O 4 ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 O 5 ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 O 6 ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 O 7 ct 20 17 Ja n 20 Ap 18 r2 01 8

0

Each office is independently owned and operated.


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

2018 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q2 2 018 City Belvedere

Average

Median

$4,092,647

$3,300,000

Bolinas

$1,118,500

Corte Madera

$1,660,076

Dillon Beach

High Sale

Price/SF

$10,000,000

$1,205

$1,136,000

$1,377,000

$1,437,500

$2,625,000

# of Sales

DOM

17

118

$846

4

106

$819

16

24

$841,400

$900,000

$1,050,000

$473

5

136

$1,070,729

$945,500

$2,525,000

$632

30

22

$850,000

$850,000

$850,000

$451

1

36

Greenbrae

$1,750,898

$1,660,000

$2,850,000

$782

15

34

Inverness

$1,338,800

$1,365,000

$1,800,000

$810

5

20

Kentfield

$2,999,164

$2,492,500

$6,795,000

$962

22

22

$976,500

$976,500

$1,173,000

$547

2

46

Larkspur

$1,990,273

$1,930,000

$3,800,000

$1,028

22

24

Mill Valley

$1,995,263

$1,722,500

$6,000,000

$897

128

32

Muir Beach

$1,657,500

$1,657,500

$1,700,000

$728

2

21

Nicasio

$2,017,500

$2,017,500

$2,285,000

$561

2

206

Novato

$1,148,218

$1,100,000

$2,800,000

$505

134

34

Fairfax Forest Knolls

Lagunitas

Pt. Reyes Station

$1,600,000

$1,600,000

$1,600,000

$627

1

22

Ross

$4,220,012

$2,600,000

$10,125,000

$1,089

17

58

San Anselmo

$1,576,507

$1,375,000

$3,200,000

$760

55

25

San Geronimo

$1,722,500

$1,722,500

$2,200,000

$793

2

28

San Rafael

$1,424,277

$1,245,000

$5,550,000

$628

175

34

Sausalito

$2,350,000

$1,900,000

$5,850,000

$1,063

11

79

Stinson Beach

$2,043,429

$2,100,000

$3,695,000

$1,579

7

89

Tiburon

$3,435,068

$2,977,500

$7,400,000

$986

35

91

Tomales

$650,000

$650,000

$650,000

$370

1

57

Woodacre

$1,098,688

$1,124,500

$1,450,000

$552

6

38

Marin County

$1,788,634

$1,412,500

$10,125,000

$752

716

40

Each office is independently owned and operated.

|

Q2


2018 MARKET REPORT

|

Q2

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

Q2 2017

$675,660

$447

357

88

Q2 2018

$705,000

$500

316

65

% Change

4.3%

12.0%

-11.5%

-26.7%

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 2013

$800K

2014

2015

2016

2017

2018

$705,000 $600K $400K $200K

Ap

r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 17 Ja n 20 Ap 18 r2 01 8

$0K

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

2013

2014

374 376

362

357 315

271 259 212

2016

382

360

2017

387

357 321

308

300 200

2015

280 242

264

2018

338

316

286 246

100

Ap

r2 0 Ju 13 l2 01 O 3 ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 l2 01 O 4 ct 20 Ja 14 n 20 Ap 15 r2 0 Ju 15 l2 01 O 5 ct 20 Ja 15 n 20 Ap 16 r2 0 Ju 16 l2 01 O 6 ct 20 Ja 16 n 20 Ap 17 r2 0 Ju 17 l2 01 O 7 ct 20 17 Ja n 20 Ap 18 r2 01 8

0

Each office is independently owned and operated.


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

2018 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q2 2 018 City American Canyon Angwin Calistoga

Average $521,016

Median $515,000

High Sale

Price/SF

$720,000

$312

# of Sales 37

DOM 35

$555,467

$501,500

$810,000

$358

6

147

$1,167,652

$845,000

$3,100,000

$702

10

128

Napa

$984,321

$717,500

$13,000,000

$484

237

62

Pope Valley

$235,333

$242,000

$244,000

$170

3

130

$2,294,953

$1,392,500

$10,500,000

$977

21

82

$1,263,700

$1,263,700

$1,667,400

$870

2

64

$1,009,489

$705,000

$13,000,000

$500

316

65

St. Helena Yountville Napa County

Each office is independently owned and operated.

|

Q2


2018 MARKET REPORT

|

Q2

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

Q2 2017

$1,465,000

$903

1303

20

Q2 2018

$1,650,000

$1,031

1246

17

% Change

12.6%

14.1%

-4.4%

-14.1%

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 2013

$1,700K

2014

2015

2016

2017

2018

$1,650,000

$1,275K $850K $425K

Ap r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1480 1336

1500

2014

1373 1341

1205 826

2016

1280 1254

1130

1125 750

2015

1213 1172

1037 753

728

2017

2018

1301

1246

1129 1122

1083 729

754

375

Ap r

20 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

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

2018 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q2 2 018 City

Average

Atherton

$9,098,440

Belmont

$1,928,446

Brisbane

$1,311,286

Burlingame

$2,591,881

Colma

$1,061,667

Daly City

$1,079,959

East Palo Alto El Granada

Median $6,650,000

High Sale

Price/SF

# of Sales

DOM

$23,500,000

$1,461

25

47

$1,856,500

$2,780,000

$1,091

52

15

$1,200,000

$2,020,000

$721

7

24

$2,475,000

$4,286,000

$1,257

61

15

$855,000

$1,500,000

$848

3

9

$1,067,500

$1,426,000

$771

96

13

$1,046,627

$990,000

$1,430,000

$810

43

11

$1,238,103

$1,250,000

$1,750,000

$613

15

33

Foster City

$1,928,828

$1,910,000

$2,490,000

$953

38

13

Half Moon Bay

$1,490,338

$1,485,000

$2,800,000

$672

34

17

Hillsborough

$4,862,364

$4,258,667

$13,750,000

$1,183

38

23

La Honda

$858,667

$1,051,000

$1,150,000

$508

3

12

Loma Mar

$750,000

$750,000

$750,000

$593

1

5

Menlo Park

$2,968,319

$2,800,000

$10,075,000

$1,499

95

15

Millbrae

$1,757,809

$1,680,000

$2,930,000

$1,023

39

14

Montara

$1,219,545

$1,200,000

$1,500,000

$656

11

40

Moss Beach

$1,032,429

$1,050,000

$1,228,000

$740

7

14

Pacifica

$1,178,485

$1,162,500

$2,100,000

$798

82

18

Pescadero

$1,135,800

$1,375,000

$1,850,000

$724

5

168

Portola Valley

$3,152,631

$3,125,515

$4,125,000

$1,323

23

13

Redwood City

$1,826,362

$1,700,000

$4,500,000

$1,095

149

13

Redwood Shores

$1,917,000

$1,900,000

$2,401,000

$1,112

3

18

San Bruno

$1,184,296

$1,205,000

$1,705,000

$824

61

16

San Carlos

$2,169,753

$2,180,000

$3,850,000

$1,143

86

12

San Mateo

$1,903,006

$1,680,000

$6,800,000

$1,082

177

14

South San Francisco

$1,129,261

$1,080,000

$2,200,000

$822

73

14

Woodside

$4,377,011

$2,750,000

$11,000,000

$1,151

19

60

$2,056,732

$1,650,000

$23,500,000

$1,031

1246

17

San Mateo County

Each office is independently owned and operated.

|

Q2


2018 MARKET REPORT

|

Q2

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

Q2 2017

$1,180,000

$752

3260

18

Q2 2018

$1,401,000

$906

3112

14

% Change

18.7%

20.5%

-4.5%

-19.4%

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 2013

$1,500K

2014

2015

2016

2017

2018

$1,401 ,000

$1,125K $750K $375K

Ap r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 2013

3400 3248 3152

3130

2606

2550

1845

1700

2015 3358

2014

2931

2016

1927

3260

3181

3100

2796

2484

2447

2017

1775

2587

2018

3112

3076 2468

1871

1930

850

Ju

Ap

r2 01 3 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

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

2018 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q2 2 018 City

Average

Median

High Sale

Price/SF

# of Sales

DOM

Campbell

$1,609,373

$1,555,000

$2,298,000

$977

Cupertino

$2,448,995

$2,490,000

$3,950,000

$1,273

74

14

$872,170

$788,856

$2,295,000

$407

170

15

Los Altos

$3,704,356

$3,305,000

$7,775,000

$1,513

94

11

Los Altos Hills

$5,085,886

$4,772,500

$10,075,000

$1,160

26

43

Los Gatos

$2,400,671

$2,365,000

$8,250,000

$914

114

25

Gilroy

88

13

Milpitas

$1,250,466

$1,213,056

$2,000,000

$779

78

14

Monte Sereno

$3,614,300

$3,750,000

$4,498,000

$1,066

10

21

Morgan Hill

$1,127,339

$1,071,000

$2,700,000

$473

154

25

Mountain View

$2,452,892

$2,425,000

$4,500,000

$1,528

74

10

Palo Alto

$3,988,255

$3,300,000

$18,000,000

$1,869

119

16

San Jose

$1,340,532

$1,250,000

$5,500,000

$781

1647

12

San Martin

$1,299,312

$1,235,000

$3,200,000

$612

16

19

Santa Clara

$1,612,893

$1,550,000

$2,800,000

$1,059

170

12

Saratoga

$3,118,095

$2,938,000

$7,797,000

$1,102

83

23

Stanford

$2,655,000

$2,655,000

$2,800,000

$1,159

2

12

Sunnyvale

$1,997,225

$2,010,000

$3,150,000

$1,264

192

11

Watsonville

$850,000

$850,000

$850,000

$577

1

13

$1,715,909

$1,401,000

$18,000,000

$906

3112

14

Santa Clara County

Each office is independently owned and operated.

|

Q2


2018 MARKET REPORT

|

Q2

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

Q2 2017

$850,000

$577

477

35

Q2 2018

$905,000

$604

523

26

% Change

6.5%

4.8%

9.6%

-24.7%

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 2013

$1,000K

2014

2015

2016

2017

2018

$905,000

$750K $500K $250K

Ap

Ju l

r2 01 3 20 13 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

$0K

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

2013

2014

569 580

525 350

2015

2016

595 616

582

494 515

513 451

445

443 350

2017

356

478 497

416 323

327

2018

543

523 340

175

Ap

r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 1 Ap 8 r2 01 8

0

Each office is independently owned and operated.


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

2018 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q2 2 018 City Aptos

Average $1,307,008

Median

High Sale

$1,125,000

$4,975,000

Price/SF $670

# of Sales

DOM

90

30

Ben Lomond

$804,412

$801,000

$2,500,000

$515

29

23

Boulder Creek

$666,389

$629,000

$1,100,000

$445

44

24

Brookdale

$731,000

$675,000

$849,000

$531

3

18

$1,214,250

$1,249,500

$1,700,000

$838

16

26

Corralitos

$778,000

$655,000

$1,240,000

$449

3

33

Davenport

$1,026,250

$900,000

$1,699,000

$684

4

13

$669,333

$665,000

$1,220,000

$516

27

16

Capitola

Felton Freedom

$504,398

$522,000

$599,000

$424

10

7

La Selva Beach

$1,180,508

$1,007,000

$2,230,000

$546

9

53

Los Gatos

$1,258,438

$1,300,000

$1,799,000

$514

21

63

Mount Hermon

$660,000

$660,000

$715,000

$442

2

14

Santa Cruz

$1,169,709

$1,035,000

$5,500,000

$751

150

26

Scotts Valley

$1,137,683

$992,000

$2,525,000

$506

47

19

Seacliff

$765,000

$765,000

$765,000

$817

1

75

Soquel

$1,121,808

$919,500

$2,450,000

$628

13

22

$630,445

$602,625

$1,575,000

$407

54

21

$1,028,963

$905,000

$5,500,000

$604

523

26

Watsonville Santa Cruz County

Each office is independently owned and operated.

|

Q2


2018 MARKET REPORT

|

Q2

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

Q2 2017

$410,000

$247

1395

47

Q2 2018

$449,000

$276

1279

43

% Change

9.5%

11.6%

-8.3%

-9.4%

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 $500K

2013

2014

2015

2016

2017

2018

$449,000

$375K $250K $125K

Ju l

Ap r

20 13 20 13 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1600 1200

2013

1178 1152

2014

1134

1075 847

2015

1502 1476

1219 1056

923

2016

1381 1204 1050

2017

1461 1296

2018

1395 1389

1279

1217 1006

948

800 400

Ap r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

0

Each office is independently owned and operated.


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

2018 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q2 2 018 City

Average

Benicia

$705,044

Dixon

$453,056 $513,510

Fairfield

Median $681,000

High Sale

Price/SF

$1,443,000

$337

$442,400

$799,000

$480,000

$1,485,000

# of Sales

DOM

70

42

$254

64

30

$262

349

49

Rio Vista

$377,957

$367,500

$830,000

$229

68

56

Suisun City

$410,993

$402,000

$526,000

$257

81

32

Vacaville

$490,115

$455,000

$1,600,000

$277

352

40

Vallejo Winters Solano County

$439,872

$421,400

$990,000

$295

292

40

$1,054,667

$950,000

$1,500,000

$570

3

139

$485,287

$449,000

$1,600,000

$276

1279

43

Each office is independently owned and operated.

|

Q2


2018 MARKET REPORT

|

Q2

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

Q2 2017

$624,193

$421

1295

54

Q2 2018

$692,500

$476

1214

51

% Change

10.9%

13.1%

-6.3%

-4.0%

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

2013

2014

2015

2016

2017

2018

$692,500

$525K $350K $175K

Ap r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 2013

2014

1500 1443 1382 1125

1278 1128

2015

1386

1320 1129

884

794

2016

1397

1285

1197

2017

1350

1296 1107

880

838

2018

1365

1214

1183 879

750 375

Ap

r2 0 Ju 13 l2 01 3 O ct 20 Ja 13 n 20 Ap 14 r2 0 Ju 14 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 01 8

0

Each office is independently owned and operated.


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

2018 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q2 2 018 City Bodega Bay Calistoga Camp Meeker

Average

Median

High Sale

Price/SF

$1,111,008

$990,000

$2,025,000

$541

$1,625,000

$1,625,000

$1,625,000

$548,333

$600,000

$650,000

# of Sales

DOM

15

92

$1,411

1

521

$333

3

53

Cazadero

$513,278

$480,001

$750,000

$522

9

45

Cloverdale

$781,027

$585,000

$5,787,500

$367

35

54

Cotati

$578,142

$590,000

$930,000

$411

21

29

Forestville

$571,887

$550,000

$1,100,000

$430

31

49

Fort Ross

$375,000

$375,000

$375,000

$727

1

39

Fulton

$575,000

$575,000

$650,000

$396

2

36

Geyserville

$1,288,767

$1,405,850

$1,900,000

$577

6

105

Glen Ellen

$2,013,333

$1,250,000

$4,875,000

$842

15

95

Guerneville

$602,820

$512,000

$1,210,000

$458

31

52

Healdsburg

$1,263,719

$1,010,000

$3,900,000

$670

55

73

$642,500

$642,500

$820,000

$312

2

174

$1,048,000

$925,000

$1,909,000

$518

6

42

Jenner Kenwood Monte Rio

$708,333

$725,000

$865,000

$454

3

37

Occidental

$1,191,000

$825,000

$2,750,000

$404

5

186

Penngrove

$954,600

$959,500

$1,400,000

$548

10

73

Petaluma

$873,228

$748,000

$3,380,000

$493

165

40

Rohnert Park

$593,845

$589,500

$834,675

$376

58

37

Santa Rosa

$759,325

$630,000

$4,250,000

$426

461

41

Sebastopol

$1,068,416

$877,500

$3,288,000

$575

64

63

Sonoma

$1,248,737

$896,275

$7,100,000

$599

114

56

The Sea Ranch

$1,003,482

$870,500

$2,137,500

$572

24

175

Timber Cove

$495,000

$495,000

$495,000

$378

1

273

Valley Ford

$775,000

$775,000

$775,000

$277

1

99

Windsor

$736,597

$689,500

$1,535,000

$410

75

42

$868,629

$692,500

$7,100,000

$476

1214

51

Sonoma County

Each office is independently owned and operated.

|

Q2


2018 MARKET REPORT

|

Q2

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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. ©2018 Golden Gate Sotheby’s International Realty GGSIR2018Q2-1.0

Each office is independently owned and operated.

Q2 2018 San Francisco Bay Area Market Report  

Q2 Second Quarter 2018 Real Estate Market Report for San Francisco Bay Area Real Estate

Q2 2018 San Francisco Bay Area Market Report  

Q2 Second Quarter 2018 Real Estate Market Report for San Francisco Bay Area Real Estate