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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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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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
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
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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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