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Q1 2019

MARKET REPORT SAN FRANCISCO BAY AREA


2019 MARKET REPORT

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Q1

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2019 MARKET REPORT

The Bay Area Housing Market Welcome to our Q1 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. EMPLOY MENT K EEPS R ISINGS Bay Area employment grew by 2.1% year-overyear through February 2019, according to the most recently available data, on par with recent years and greater than the national rate of 1.7%. In absolute terms, payrolls increased by nearly 85,000 jobs. The professional and business services sector, which includes a significant share of technology-related employment, accounted for nearly a third of total job creation. Employment in the sector increased by more than 3.0% year-over-year, or 26,000 jobs. While a few technology firms announced layoffs in recent months, the technology expansion continued and drove elevated hiring in the information services sector, which added 15,000 jobs within the last year.

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Employment in the educational and health services sector expanded by 2.5% year-overyear, for a total of 15,000 jobs added, and while payroll growth slowed in the leisure and hospitality sector, the sector still added 10,000 jobs. Payrolls in the trade and natural resources and mining sectors contracted, the only two sectors to not post gains. Hiring in the retail trade sector has been increasingly constrained by the tight labor market and employers continued to report difficulties in finding workers.

CONSUMER CONFIDENCE While a wait-and-see approach defined homebuyer attitudes through much of the first three months of 2019, tracing back in part to

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2019 MARKET REPORT

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the sudden stock market sell-off that ended 2018 and eroded consumer confidence, the Federal Reserve did its part in March to resolve one source of unease that had weighed on the economy by taking any further interest rate hikes off the table in 2019 and the foreseeable future. Not only did this move soothe investors and provide further momentum to the stock market rally this year, which should encourage some luxury homebuyers to come off the sidelines, but it also provided direct support to the housing market through lower financing costs. The drop in mortgage rates that

immediately followed the announced Federal Reserve policy wiped out the last of the increase in mortgage rates from 2018.

R ATES A FFECT BU Y ING POW ER Total home sales activity in the Bay Area housing market, as well as statewide, was especially sensitive to the availability and terms of financing in recent years. RCG estimates that a one percentage point decrease in the average mortgage rate could boost total home sales significantly in the current environment. As compared to just four months ago, homebuyers

Additional Buying Power Based on Initial Payment

+5.6%

15-Year Fixed Rate 4.14%

+6%

5/1 Adjustable Rate 30-Year Fixed Rate 4.94%

4.36%

Rate

+10.6%

4.08%

3.56%

3.66% $7,578.58

Initial Payment

$7,178.33

$4,855.22 $4,580.24

$5,331.61 $4,820.39

Reflects change in rates from November 15, 2018 to April 4, 2019 Source: 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 Q1

2019 Q1

Alameda

$875,000

$870,000

-1%

$568

$569

0%

1786

1710

-4%

Contra Costa

$615,000

$631,250

3%

$385

$401

4%

2059

1694

-18%

Marin

$1,319,420

$1,247,500

-6%

$717

$700

-2%

356

342

-4%

Napa

$689,500

$672,500

-3%

$470

$453

-4%

254

188

-26%

Change

2018 Q1

2019 Q1

Change

2018 Q1

2019 Q1

Change

San Francisco

$1,609,000

$1,549,500

-4%

$986

$964

-2%

400

368

-8%

San Mateo

$1,560,000

$1,525,000

-2%

$984

$960

-3%

758

719

-5%

Santa Clara

$1,370,000

$1,209,000

-12%

$872

$806

-8%

1939

1726

-11%

Santa Cruz

$850,000

$900,000

6%

$589

$581

-1%

340

284

-17%

Solano

$435,000

$433,000

-1%

$266

$272

2%

1000

827

-17%

Sonoma

$685,000

$632,500

-8%

$463

$434

-6%

894

725

-19%

Bay Area

$880,000

$890,000

1%

$602

$595

-1%

9,786

8,583

-12%

can now purchase more than 10% more home than before, when financed with a 30-year fixed rate mortgage, and between 5% and 6% more home when financed with a 15-year fixed rate or adjustable rate product. While cash will always be king, the material increase in purchasing power for those financing their purchase will increase the number of qualified buyers and competition for homes on the market. We expect the reset in the home finance market to support both increased sales activity and prices in the Bay Area. Current homeowners that either purchased their home or refinanced within the last few years to take advantage of historically low interest rates, may now have an opportunity to trade up without losing their favorable financing terms. As importantly, increased confidence in the local and state economy and recent equity market rally should motivate some buyers and sellers to close on home purchases this year.

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POSITI V E TA ILW INDS As the weather and buying season began to warm up, Bay Area home sales accelerated from February to March, and a number of positive tailwinds are forming that may carry that momentum into April, May and June. In addition to the surprise boon of lower financing costs, which should motivate buyers and sellers, the minting of new Bay Area millionaires has begun. Lyft was the first unicorn out of the IPO gate in March, and there are a handful more to follow. Continued regional economic growth, a surge in newly minted all-cash buyers, and favorable financing terms for those utilizing a mortgage, should contribute to a strengthening housing market through the spring and summer.

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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 increased incrementally to $890,000 in the first quarter of 2019, as compared to $880,000 in the first quarter of 2018. The median home price was relatively unchanged or decreased modestly in a number of Bay Area counties, including Alameda, Marin, Napa, San Francisco, San Mateo, and Solano. Santa Clara and Sonoma counties showed the largest decreases in the median home price, while the largest increase in the median home price was 6% in Santa Cruz County. The median home price also increased by 3% in Contra Costa County.

Median Sales Price: 2018 Q1 vs. 2019 Q1

Price per Square Foot: 2018 Q1 vs. 2019 Q1 $1,000

$1.8M San Francisco San Mateo

Santa Clara $750

$1.35M Marin Santa Clara Santa Cruz Alameda

$900K

Marin Santa Cruz Alameda $500

Napa Sonoma Contra Costa $450K

$0K 2018 Q1

San Francisco San Mateo

Solano

2019 Q1

$250

$0 2018 Q1

Napa Sonoma Contra Costa Solano

2019 Q1

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.

Each office is independently owned and operated.

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2019 MARKET REPORT

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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

Q1 2018

$1,609,000

$987

400

26

Q1 2019

$1,549,500

$964

368

32

% Change

-3.7%

-2.3%

-8.0%

25.0%

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

$1,549,500

$1,275K $850K $425K

Ja

Ap

n

20 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

$0K

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

800

2015

628 636

675

641

600 467

400

2016

428

598

2017

655

638

571 363

2018

650

631

2019

669

597 626

610 528

388

400

368

200

Ja

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 0 Ju 18 l2 01 8 O ct 20 1 Ja 8 n 20 19

0

Each office is independently owned and operated.


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 · Q1 2 01 9 City

Average

Median

High Sale

Price/SF

# of Sales

DOM

District 1

$2,559,043

$1,707,500

$11,700,000

$1,073

35

District 2

$1,589,949

$1,500,000

$3,850,000

$944

65

24

District 3

$1,114,621

$1,010,000

$1,860,000

$785

19

28

District 4

$1,726,149

$1,602,500

$3,650,000

$906

50

30

District 5

$2,565,214

$2,312,500

$5,625,000

$1,206

56

28

District 6

$2,872,000

$3,137,500

$4,650,000

$1,157

10

26

District 7

$4,640,278

$4,572,500

$8,455,000

$1,215

18

82

District 8

$3,606,250

$3,125,000

$5,600,000

$1,461

4

74

31

District 9

$1,649,586

$1,460,000

$3,600,000

$997

35

28

District 10

$1,041,090

$989,000

$1,800,000

$748

76

35

San Francisco

$1,922,769

$1,549,500

$11,700,000

$964

368

32

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

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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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

Q1 2018

$1,170,000

$1,104

637

38

Q1 2019

$1,172,500

$1,099

512

43

% Change

0.2%

-0.5%

-19.6%

12.8%

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

$1,172,500 $975K $650K $325K

Ap r

Ja n

20 14 20 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

$0K

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

1000

2015

907

750

812

2017

864 762

682

668 583

500

2016

757

590

627

2019

900

833

823

748 742 734 567

2018

637

711 716 512

250

n Ja

Ap r

20 14 20 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

0

Each office is independently owned and operated.


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 · Q1 2 01 9 City

Average

District 1

Median

High Sale

$1,399,852

$1,300,000

$2,965,000

District 2

$1,182,500

$1,230,000

District 3

$1,022,500

$1,022,500

Price/SF

# of Sales

DOM

$1,034

27

30

$1,550,000

$991

8

32

$1,295,000

$693

2

74

District 4

$722,535

$648,000

$1,103,000

$859

9

70

District 5

$1,428,420

$1,400,000

$3,500,000

$1,155

62

23

District 6

$1,126,023

$1,050,000

$2,550,000

$982

46

47

District 7

$1,677,951

$1,475,000

$4,833,000

$1,196

68

38

District 8

$1,284,134

$985,000

$6,200,000

$1,189

89

66

District 9

$1,253,933

$1,099,500

$8,400,000

$1,103

186

38

$721,267

$701,000

$950,000

$698

15

73

$1,305,863

$1,172,500

$8,400,000

$1,099

512

43

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

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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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

Q1 2018

$875,000

$568

1786

21

Q1 2019

$870,000

$572

1710

32

% Change

-0.6%

0.7%

-4.3%

49.9%

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

$870,000 $750K $500K $250K

Ap

Ja n

20 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

$0K

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

2014

2844

3060

2015 3147

2538

2400 1856

1600

1773

3070

2016

2630

2017

2885 2910 2578

2880 2838

2018

2019

3008 2685

2633

2294 1764

1801

1786

1710

800

Ja

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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

0

Each office is independently owned and operated.


A L A M E DA 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 · Q1 2 01 9 City

Average

Median

High Sale

Price/SF

# of Sales

DOM

Alameda

$1,143,033

Albany

$1,148,500

$1,119,000

$1,500,000

$771

10

13

Berkeley

$1,267,389

$1,235,000

$2,800,000

$794

99

28

Castro Valley Dublin

$1,088,000

$2,400,000

$695

55

35

$878,288

$848,000

$1,600,000

$514

87

30

$1,057,714

$1,001,000

$1,830,000

$511

84

40

-

-

-

-

0

-

Emeryville Fremont

$1,222,594

$1,101,500

$3,210,000

$705

197

28

Hayward

$746,671

$700,000

$1,830,000

$474

168

34

Livermore

$900,891

$789,950

$2,360,000

$492

170

32

Newark

$916,456

$890,000

$1,400,000

$607

50

48

Oakland

$845,162

$733,000

$3,150,000

$540

437

31

$2,416,217

$2,250,000

$3,950,000

$804

23

14

$1,333,368

$1,182,500

$3,050,000

$575

114

28

San Leandro

$685,676

$666,000

$1,275,000

$532

102

35

San Lorenzo

$623,135

$622,500

$1,010,000

$475

40

28

Piedmont Pleasanton

Sunol

$490,000

$489,000

$739,000

$601

3

21

Union City

$906,917

$871,000

$1,395,000

$544

71

35

Alameda County

$975,431

$870,000

$3,950,000

$572

1710

32

Each office is independently owned and operated.

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2019 MARKET MARKET REPORT REPORT 2019

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Q1 Q1

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

Q1 2018

$615,000

$385

2059

29

Q1 2019

$631,250

$401

1694

39

% Change

2.6%

4.1%

-17.7%

35.2%

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

$631,250

$525K $350K $175K

n Ja

Ap

20 14 r2 01 Ju 4 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 19

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 2015 3330

2014

3400

2942 2966

1922

1700

2016

2670

2504

2550

3248

2021

3146 3085 2700

2016

2017

2018

3198 3162

2076

3193

2692 2059

2019

2931 2296 1694

850

Ja

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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

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

2019 MARKET REPORT

S A L E S BY C I T Y · SI NG L E FA M I LY HOM E S · Q1 2 01 9 City Alamo Antioch

Average

Median

High Sale

Price/SF

# of Sales

$1,906,542

$1,800,000

$3,300,000

$572

33

DOM 33

$461,181

$454,000

$780,000

$252

184

41

Bay Point

$432,038

$410,000

$730,000

$275

34

50

Bethel Island

$464,625

$466,500

$745,000

$272

8

94

Brentwood

$630,975

$624,479

$1,365,000

$282

164

40

Byron

$492,000

$492,000

$599,000

$400

2

110

Clayton

$836,369

$795,000

$1,225,000

$388

23

48

Concord

$629,823

$601,500

$1,325,000

$414

183

36

Crockett

$596,667

$615,000

$680,000

$352

3

17

Danville

$1,439,426

$1,322,000

$3,280,000

$522

114

47

Diablo

$2,104,400

$2,199,000

$2,725,000

$582

5

50

$657,747

$585,000

$1,953,750

$262

63

62

$1,000,867

$913,500

$1,700,000

$614

30

29

$609,760

$600,000

$860,000

$406

25

46

$677,737

$665,000

$900,000

$348

25

37

$1,214,091

$1,310,000

$1,800,000

$594

11

28

-

-

-

-

0

-

$1,984,125

$1,855,000

$3,848,000

$691

40

35

$613,934

$581,000

$1,019,500

$387

69

45

$1,436,733

$1,270,000

$2,225,000

$599

15

23

Discovery Bay El Cerrito El Sobrante Hercules Kensington Knightsen Lafayette Martinez Moraga Oakley

$507,517

$492,500

$800,000

$270

81

34

Orinda

$1,577,330

$1,487,500

$2,525,000

$618

48

44

Pacheco

$565,000

$565,000

$565,000

$480

1

5

Pinole

$603,536

$592,500

$810,000

$391

22

32

Pittsburg

$453,198

$443,000

$795,000

$294

103

38

Pleasant Hill

$818,568

$805,000

$1,250,000

$486

46

38

Port Costa

$431,000

$431,000

$431,000

$422

1

10

$557,694

$520,000

$1,000,000

$432

127

35

$590,500

$560,000

$699,000

$325

7

59

Richmond Rodeo San Pablo

$462,448

$450,000

$800,000

$413

27

41

San Ramon

$1,203,337

$1,160,000

$2,540,000

$488

109

26

Walnut Creek

$1,190,980

$1,100,000

$3,100,000

$537

91

24

$817,146

$631,250

$3,848,000

$401

1694

39

Contra Costa County

Each office is independently owned and operated.

|

Q1


2019 MARKET REPORT

|

Q1

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

Q1 2018

$1,319,420

$717

356

58

Q1 2019

$1,247,500

$697

342

69

% Change

-5.5%

-2.7%

-3.9%

19.1%

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 2014

$1,500K

2015

2016

2017

2018

2019

$1,247,500

$1,125K $750K $375K

Ja

Ap

n

20 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

$0K

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

2014

775

2017

715 635

529 417

2016

721 623

600 400

2015

341

335

2019

725 615

527 513

521 383

2018

741

607

551

490 356

342

200

Ap

Ja n

20 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

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 · Q1 2 01 9 City

Average

Median

High Sale

Belvedere

$3,951,333

$3,839,000

Bolinas

$8,750,000 $1,682,731

Corte Madera Dillon Beach

Price/SF

# of Sales

$4,880,000

$1,163

$8,750,000

$8,750,000

$1,585,000

$3,800,000

DOM

6

142

$1,404

1

487

$785

13

54

$752,500

$705,000

$1,150,000

$492

4

174

Fairfax

$1,089,792

$939,000

$1,975,500

$746

13

60

Fallon

$940,000

$940,000

$940,000

$712

1

28

Forest Knolls Greenbrae

$803,333

$845,000

$950,000

$562

3

100

$2,151,689

$2,200,000

$2,950,000

$822

7

39

Inverness

$1,801,667

$1,562,500

$3,200,000

$1,040

6

45

Kentfield

$2,140,750

$2,057,000

$4,395,000

$866

12

91

Lagunitas

$699,000

$699,000

$699,000

$590

1

20

Larkspur

$2,048,300

$1,839,000

$3,300,000

$882

10

64

Marshall

$1,025,000

$1,025,000

$1,050,000

$824

2

78

$1,627,461

$1,525,000

$3,325,000

$792

46

68

-

-

-

-

0

-

Mill Valley Muir Beach Nicasio

-

-

-

-

0

-

Novato

$1,062,267

$975,000

$2,200,000

$483

83

64

Olema

-

-

-

-

0

-

Pt. Reyes Station

$1,600,000

$1,600,000

$2,355,000

$761

2

62

Ross

$2,103,850

$2,250,000

$2,595,000

$935

5

132

San Anselmo

$1,460,000

$1,285,000

$3,150,000

$708

27

57

-

-

-

-

0

-

San Geronimo San Rafael Sausalito

$1,186,727

$1,125,000

$2,950,000

$614

77

62

$2,621,000

$2,162,500

$5,300,000

$905

10

60

Stinson Beach

$3,973,750

$3,973,750

$5,650,000

$2,454

2

99

Tiburon

$2,806,875

$2,430,000

$4,695,000

$1,008

8

74

Tomales

$760,000

$760,000

$760,000

$812

1

61

Woodacre Marin County

$825,000

$825,000

$1,175,000

$508

2

168

$1,509,429

$1,247,500

$8,750,000

$697

342

69

Each office is independently owned and operated.

Q1


2019 MARKET REPORT

|

Q1

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

Q1 2018

$689,500

$470

254

106

Q1 2019

$672,500

$453

188

106

% Change

-2.5%

-3.6%

-26.0%

0.2%

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

$672,500

$600K $400K $200K

Ja

Ap

n

20 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

$0K

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

400

2015

357

200

271 259 212

382

360

2017

387

280 242

2018

360 321

308

300

362

2016

267

342 288

2019

320

344 291

254 188

100

Ja

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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

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 · Q1 2 01 9 City American Canyon

Average

Median

High Sale

DOM

$470,000

$1,401,667

$755,000

$3,100,000

$971,757

$713,000

$3,030,000

Napa

$846,265

$672,500

$3,950,000

$447

134

94

Pope Valley

$162,250

$162,250

$200,000

$108

2

247

St. Helena

$2,030,458

$1,420,000

$7,200,000

$738

13

142

Yountville

$5,258,333

$1,425,000

$13,500,000

$902

3

57

$961,608

$672,500

$13,500,000

$453

188

106

Calistoga

Napa County

Each office is independently owned and operated.

$291

# of Sales

$497,354

Angwin

$765,000

Price/SF

24

103

$381

3

360

$502

9

142

|

Q1


2019 MARKET MARKET REPORT REPORT 2019

||

Q1 Q1

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

Q1 2018

$1,560,000

$984

758

19

Q1 2019

$1,525,000

$960

719

30

% Change

-2.2%

-2.5%

-5.1%

52.6%

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

$1,525,000 $1,275K $850K $425K

Ja

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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1500

2014

1373 1341

826

2016

1280 1254 1130

1125 750

2015

1213 1172 1037

753

2017

728

2018

1303

1254 1129 1122

1083 729

2019

1094 758

1035 719

375

Ja

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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

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 · Q1 2 01 9 City Atherton

Average

Median

$7,577,636

High Sale

Price/SF

# of Sales

$5,425,000

$23,100,000

$1,575

11

DOM 39

Belmont

$1,731,000

$1,652,500

$2,600,000

$1,045

34

21

Brisbane

$1,461,600

$1,498,000

$1,875,000

$744

5

45

Burlingame

$2,518,681

$2,305,000

$5,100,000

$1,120

32

17

Colma

$1,361,667

$1,550,000

$1,725,000

$696

3

4

$988,888

$940,000

$1,450,000

$745

53

21

Daly City East Palo Alto

$1,017,912

$972,500

$1,275,000

$764

20

36

El Granada

$1,301,143

$1,250,000

$1,549,000

$527

7

59

Foster City

$1,874,244

$1,750,000

$2,766,100

$921

25

21

Half Moon Bay

$1,334,518

$1,320,000

$3,000,000

$641

27

44

Hillsborough

$4,991,733

$3,680,000

$15,000,000

$1,135

15

52

La Honda

-

-

-

-

0

-

Loma Mar

-

-

-

-

0

-

Menlo Park

$2,515,555

$2,500,000

$4,900,000

$1,340

55

28

Millbrae

$1,888,643

$1,801,500

$3,126,000

$1,102

14

13

Montara

$1,509,567

$1,382,500

$3,800,000

$728

18

56

Moss Beach

$1,532,500

$1,532,500

$2,065,000

$554

2

74

Pacifica

$1,075,266

$1,035,000

$1,700,000

$807

45

31

$908,333

$735,000

$1,500,000

$838

3

85

$5,161,667

$4,375,000

$9,200,000

$1,447

6

97

Pescadero Portola Valley Redwood City

$1,762,672

$1,617,750

$5,650,000

$1,012

98

29

$1,648,600

$1,677,500

$2,140,000

$1,025

10

50

San Bruno

$1,154,902

$1,150,000

$1,798,888

$810

33

28

San Carlos

$2,076,458

$1,910,000

$3,625,000

$1,041

48

18

San Gregorio

$1,800,000

$1,800,000

$1,800,000

$1,800

1

48

San Mateo

$1,540,842

$1,406,000

$3,800,000

$952

96

30

South San Francisco

$1,056,768

$1,000,000

$1,415,000

$792

47

19

Woodside

$4,033,838

$3,050,000

$14,250,000

$1,125

11

39

San Mateo County

$1,838,285

$1,525,000

$23,100,000

$960

719

30

Redwood Shores

Each office is independently owned and operated.

Q1


2019 MARKET REPORT

|

Q1

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

Q1 2018

$1,370,000

$872

1939

16

Q1 2019

$1,209,000

$806

1726

31

% Change

-11.8%

-7.5%

-11.0%

89.4%

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 2014

$1,400K

2015

2016

2017

2018

2019

$1,209,000 $1,050K $700K $350K

Ap

Ja n

20 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

$0K

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

2014

2931

1845

3100

2016

2017

3181 2796

2447

2550 1700

3130

2015 3358

1927

2484 1775

2587 1872

3258

2018

3078 2468 1939

2019

3127 2581 2161

1726

850

Ja 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

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 · Q1 2 01 9 City

Average

Alviso

Median -

High Sale -

Price/SF -

# of Sales -

DOM

0

-

Campbell

$1,605,613

$1,455,000

$2,550,000

$828

46

34

Cupertino

$2,276,759

$2,224,000

$4,000,000

$1,159

44

31

Gilroy

$840,877

$788,500

$1,750,000

$410

90

45

Los Altos

$3,646,744

$3,450,000

$7,300,000

$1,415

39

16

Los Altos Hills

$4,394,667

$4,200,000

$5,000,000

$1,352

3

31

Los Gatos

$2,433,218

$2,350,000

$6,995,000

$917

78

41

$1,114,656

$1,066,500

$1,903,500

$693

61

29

$2,675,000

$2,675,000

$3,150,000

$1,166

2

8

$1,115,011

$995,000

$2,145,000

$463

69

40

Milpitas Monte Sereno Morgan Hill Mountain View

$2,474,577

$2,550,000

$3,458,888

$1,365

27

23

Palo Alto

$3,086,935

$2,810,000

$6,800,000

$1,604

66

25

San Jose

$1,160,752

$1,067,500

$3,250,000

$701

952

30

San Martin

$820,833

$800,000

$1,140,000

$643

6

40

Santa Clara

$1,393,131

$1,375,000

$2,450,000

$922

118

25

Saratoga

$2,882,458

$2,637,500

$5,155,000

$1,094

38

42

Stanford

$2,886,483

$2,759,000

$4,250,900

$1,001

6

52

$1,707,416

$1,720,000

$2,700,000

$1,080

81

24

$1,480,444

$1,209,000

$7,300,000

$806

1726

31

Sunnyvale Santa Clara County

Each office is independently owned and operated.

Q1


2019 MARKET REPORT

|

Q1

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

Q1 2018

$850,000

$589

340

45

Q1 2019

$900,000

$581

284

55

% Change

5.9%

-1.4%

-16.5%

21.2%

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

$900,000 $750K $500K $250K

Ap r

Ja n

20 14 20 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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

$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

582

494 515

445

443 350

2017

2018

595 616

513

525 350

2016

356

477 496

416 323

327

544

2019

528 508 431 340

284

175

Ap

Ja n

20 14 r2 01 Ju 4 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 19

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 · Q1 2 01 9 City Aptos

Average

Median

$1,202,268

High Sale

$1,095,200

Price/SF

$3,600,000

# of Sales

$629

43

DOM 52

Ben Lomond

$736,125

$667,000

$1,205,000

$488

8

32

Boulder Creek

$616,210

$563,250

$1,490,000

$464

20

90

Brookdale

-

-

-

-

0

-

Capitola

$1,386,273

$1,320,000

$2,100,000

$856

11

65

Corralitos

$1,147,000

$1,147,000

$1,235,000

$383

2

58

Davenport Felton

-

-

-

-

0

-

$658,158

$655,000

$1,050,000

$489

19

54

Freedom

$465,000

$410,000

$585,000

$445

3

37

La Selva Beach

$856,944

$856,944

$988,888

$929

2

172

Los Gatos

$1,321,115

$1,450,000

$2,160,000

$576

13

82

Mount Hermon

$550,000

$550,000

$550,000

$491

1

43

$1,055,093

$960,000

$3,044,500

$648

95

47

Santa Cruz Scotts Valley

$992,820

$880,000

$2,250,000

$522

25

30

Seacliff

-

-

-

-

0

-

Soquel

$949,438

$932,125

$1,550,000

$579

12

50

Watsonville

$682,217

$661,000

$1,475,000

$425

30

68

Santa Cruz County

$977,839

$900,000

$3,600,000

$581

284

55

Each office is independently owned and operated.

Q1


2019 MARKET REPORT

|

Q1

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

Q1 2018

$435,000

$266

1000

49

Q1 2019

$433,000

$272

827

70

% Change

-0.5%

2.1%

-17.3%

42.1%

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

$433,000

$345K $230K $115K

Ja

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 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

$0K

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

1600

1134

1200 800

2015

847

1219

1502 1476

2016

1381

1204 1056

923

1050

2017

1461 1296

2018

1398 1407 1229 1015

2019

1323

1000

1249 990 827

400

Ja 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 1 Ja 7 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

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 · Q1 2 01 9 City

Average

American Canyon

Median -

High Sale

Price/SF

# of Sales

-

-

-

DOM

0

-

Benicia

$661,944

$649,000

$1,130,000

$355

35

94

Dixon

$436,949

$450,000

$565,000

$241

43

74

Elmira

$415,000

$415,000

$415,000

$436

1

64

Fairfield

$479,951

$452,000

$1,245,000

$261

235

66

Rio Vista

$373,207

$375,000

$650,000

$233

50

100

Suisun City

$388,866

$395,000

$535,000

$268

53

55

Vacaville

$488,074

$452,000

$1,350,000

$270

215

67

Vallejo

$426,123

$401,500

$850,000

$287

193

66

Winters

$590,000

$590,000

$595,000

$350

2

98

Solano County

$462,864

$433,000

$1,350,000

$272

827

70

Each office is independently owned and operated.

Q1


2019 MARKET REPORT

|

Q1

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

Q1 2018

$685,000

$463

894

64

Q1 2019

$632,500

$434

725

85

% Change

-7.7%

-6.3%

-18.9%

33.6%

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 2014

$700K

2015

2016

2017

2018

2019

$632,500 $525K $350K $175K

Ap

Ja n

20 14 r2 01 Ju 4 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 19

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1500

2014

1278

1320 1129

1125 884

750

2015

1386

794

2016

1397

2017

1285

1197

1350

1298 1107

880

2018

1363

2019

1213 1232

1202

1051 842

894 725

375

Ja 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 1 Ja 5 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 1 Ja 7 n 20 Ap 18 r2 0 Ju 18 l2 01 8 O ct 20 Ja 18 n 20 19

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 ¡ Q1 2 01 9 City

Average

Median

High Sale

Price/SF

# of Sales

DOM

Annapolis

$610,000

$610,000

$610,000

$452

1

194

Bodega Bay

$910,500

$772,500

$1,550,000

$593

11

125

Boyes Hot Springs

-

-

-

-

0

-

Calistoga

-

-

-

-

0

-

Camp Meeker

-

-

-

-

0

-

$386,667

$425,000

$480,000

$352

3

87

Cazadero Cloverdale

$603,211

$550,000

$1,400,000

$351

19

110

Cotati

$576,083

$590,000

$800,000

$405

18

88

Duncans Mills

-

-

-

-

0

-

El Verano

-

-

-

-

0

-

$492,200

$497,500

$910,000

$495

10

69

-

-

-

-

0

-

$607,000

$607,000

$607,000

$748

1

73

Forestville Fort Ross Fulton Geyserville Glen Ellen

$811,667

$710,000

$1,150,000

$393

3

187

$1,115,708

$1,067,500

$1,675,000

$786

6

91

Graton

-

-

-

-

0

-

Guerneville

$493,607

$498,500

$845,000

$354

14

140

Healdsburg

$967,216

$782,500

$2,550,000

$578

32

127

Jenner

-

-

-

-

0

-

Kenwood

-

-

-

-

0

-

Monte Rio

$847,500

$847,500

$1,075,000

$892

2

65

Occidental

$653,800

$653,800

$653,800

$600

1

175

Penngrove

$1,091,500

$1,052,000

$1,720,000

$581

8

105

$799,755

$747,000

$1,811,000

$447

83

67

Petaluma Rohnert Park

$587,975

$585,000

$765,000

$356

39

70

Santa Rosa

$678,619

$597,500

$3,016,250

$395

325

79

Sebastopol

$907,477

$809,000

$2,500,000

$498

35

89

Sonoma The Sea Ranch Timber Cove

$998,700

$805,000

$2,750,000

$535

51

95

$1,058,404

$835,000

$2,083,000

$612

13

54

$1,191,000

$1,191,000

$1,191,000

$737

1

138

-

-

-

-

0

-

Valley Ford Windsor

$647,480

$599,000

$1,400,000

$379

49

83

Sonoma County

$739,932

$632,500

$3,016,250

$434

725

85

Each office is independently owned and operated.

Q1


2019 MARKET REPORT

|

Q1

Learn more at GoldenGateSIR.com EAST BAY OFFICES Berkeley Office

Oakland-Piedmont-Montclair

Danville Office

510.542.2600

510.339.4000

925.838.9700

North Berkeley Office

Lafayette Office

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510.542.2600

925.283.7866

925.838.9700

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Napa

707.690.9500

707.255.0845

NORTH BAY OFFICES Belvedere - Tiburon Office

Novato Office

Sausalito Office

415.435.0700

415.883.2900

415.331.9000

Drakes Landing Office

Ross Valley Office

Southern Marin Office

415.464.9300

415.461.7200

415.381.7300

Mill Valley Office

San Rafael Office

Stinson Beach Office

415.380.4300

415.456.1200

415.868.9200

SILICON VALLEY OFFICES Menlo Park Offices

Los Altos Office

Palo Alto Office

650.847.1141

650.941.4300

650.644.3474

Woodside Office 650.851.6600

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 GGSIR2019Q1-1.0

Each office is independently owned and operated.

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First Quarter 2019 Real Estate Market Report for San Francisco Bay Area Real Estate