2020 San Francisco Bay Area Annual Market Report - 2019 Data

2020

2019 DATA

ANNUAL MARKET REPORT SAN FRANCISCO BAY AREA

2020 Market Report, 2019 Data | 1

CONTENTS OUR BRAND

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

4

P OW E R OF T H E BR A N D

6

H IST ORY OF INNOVATION

8

S F BAY A R E A H O US I N G M A R K E T

10

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

16

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

18

SA L E S BY C O U N T Y

2 | 2020 Market Report, 2019 Data

SA N F R A NCISCO

20

A L A M E DA COU NT Y

24

CONT R A COSTA COU NT Y

26

M A R IN COU NT Y

28

NA PA COU NT Y

30

SA N M AT E O COU NT Y

32

SA NTA CL A R A COU NT Y

34

SA NTA CRUZ COU NT Y

36

SOL A NO COU NT Y

38

SONOM A COU NT Y

40

S I G N I F I CA N T SA L E S

42

All data courtesy of local MLS

2020 ANNUAL MARKET REPORT M L S D ATA F O R 2 0 1 9

W

elcome to our Annual Market Report — an in-depth look at what happened in the San Francisco Bay Area residential real estate market over the past year. In the pages ahead, you will find that 2019 saw a drop in the number of sales and relatively unchanged prices, in most counties. We begin this report with an introduction to our brokerage and the power of our brand, highlighting significant milestones at Golden Gate Sotheby’s International Realty in this past year, including nearly $5 billion in total sales volume in 2019 and our further expansion in Silicon Valley and Peninsula. We also trace the evolution of the company alongside developments in innovation and technology here in the San Francisco Bay Area as we continue to lead the industry in cutting-edge innovation and property marketing. Diving into the data, our comprehensive market report begins with economic and real estate commentary presented by our partners at the Rosen Consulting Group (RCG). The report focuses primarily on detached single family homes, with added coverage of the luxury home market, and the significant condominium market in San Francisco. All data is sourced from the local Multiple Listing Service (MLS) organizations and is thoroughly cleaned by our data experts.

Number of Sales: 2018 vs. 2019

Median Sales Price: 2018 vs. 2019 $1,600K

11,000 Contra Costa Alameda Santa Clara

$1,200K

8,250

$800K

5,500 Solano Sonoma San Mateo 2,750

0 2018

Marin San Francisco Santa Cruz Napa 2019

$400K

$0K 2018

San Francisco San Mateo Marin Santa Clara

Alameda Santa Cruz Napa Contra Costa Sonoma Solano

2019

2020 Market Report, 2019 Data | 3

W HO W E A R E Our brokerage provides luxury service at every price point. We are local experts with a global reach, showcasing your property to the widest audience to achieve the highest price. We are the top Sotheby’s International Realty Affiliate in Northern California, serving all ten counties of the San Francisco Bay Area with 550+ connected agents.

#1 SOTH EBY ’S INTER NATIONA L R E A LT Y A F FILI ATE IN NORTH ER N C A LIFOR NI A

550 AGENTS

4 | 2020 Market Report, 2019 Data

$5B

BILLION SA LES VOLUM E IN 2019

25

OF FICES

WINE COUNTRY REGION NAPA

NOVATO

MARIN COUNTY REGION

EAST BAY REGION

SAN RAFAEL ROSS VALLEY STINSON BEACH

GREENBRAE MILL VALLEY BELVEDERE - TIBURON

NORTH BERKELEY

LAFAYETTE

BERKELEY

SAUSALITO

OAKLANDMONTCLAIRPIEDMONT

SAN FRANCISCO

DANVILLE

BURLINGAME SAN CARLOS REDWOOD CITY MENLO PARK WOODSIDE

PALO ALTO

LOS ALTOS

SILICON VALLEY REGION LOS GATOS

2020 Market Report, 2019 Data | 5

POW ER OF TH E BR A N D T R U S T E D TO S E L L YO U R M O S T VA L U E D A S S E T

SOTHEBY ’S Sotheby’s Auction House has over 200 years of history selling our clients’ treasures. Our association with the brand ensures stellar representation, brings cachet to your property and allows us access to affluent buyers around the world.

S O T H E B Y ’ S I N T E R N AT I O N A L R E A LT Y With our distinguished global referral network we can find qualified buyers or quality agents for your next purchase from around the globe. Our listings achieve maximum sale price.

1,000

22,000

72

OF FICES

SA LES A SSOCI ATES

COUNTR IES

127M

86M

2.8M

A NN UA L PAGE

YOUT U BE

AV ER AGE MONTH LY

V IEWS SIR .COM

V IDEO V IEWS

V ISITS SIR .COM

34.5M

63%

52M

T OTA L V ISIT OR S

SIR .COM V ISIT OR S

PROPERT Y DETA IL

SIR .COM

OUTSIDE U. S.

V IEWS SIR .COM

6 | 2019 Market Report, 2019 Data

2019 Market Report, 2019 Data | 7

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

Golden Gate Bridge 50th Anniversary

Napa Valley wineries win “Judgment of Paris”

Gold discovered in California

Davies Symphony Hall completed in San Francisco

A’s win “Bay Bridge Series” over SF Giants French Laundry opens in Yountville

1848

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

49ers win Super Bowl for 5th time in a dozen years

Apple Computer founded in Cupertino

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

1744 1776

Macintosh computer launched

1976

1978

Sotheby’s International Realty founded

The roots of Golden Gate Sotheby’s

Inaugural Burning Man gathering at Baker Beach

1980

1982

1984

1986

1989

Van Gogh’s Irises sells for record $53.9 million

1995

Andy W sells for $

Decker Bullock in Marin County

International Realty run deep in the San Francisco Bay Area. Formed in

Better Homes & Gardens in Alameda County

2018 from companies that trace their origins to the 1980s and ’90s, the brokerage is part of a brand heritage

United California Brokers in Contra Costa County Campi Properties in Los Altos

that dates from 1744.

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

8 | 2020 Market Report, 2019 Data

Sotheby’s International Realty YouTube Channel launches

Tesla founded in Palo Alto

Google founded in Menlo Park

First Tweet

PacBell Bark (now Oracle) opens in San Francisco

2001

Giants win World Series for 3rd time in 5 years Uber founded in San Francisco

YouTube founded in San Bruno

1998

Launch of Sotheby’s International Realty AppleTV app

2003

2005

2007

Warriors win NBA Championship for 3rd time in 4 years

America’s Cup comes to Bay Area

First iPhone

2009

2013

SIR launches augmented reality (AR) app Curate

2015

2018

2020

Today

Warhol’s Orange Marilyn $17.3 million in New York

Sotheby’s International Realty global expansion

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

Today SIR joins Golden Gate Sotheby’s International Realty

Dreyfus Properties in Palo Alto

Golden Gate Sotheby’s International Realty unites Bay Area brokerages under one company Heritage Sotheby’s International Realty in Napa

Heritage

2020 Market Report, 2019 Data | 9

SAN FRANCISCO BAY AREA HOUSING MARKET CONTINU ED JOB EX PA NSION The Bay Area economy expanded further in 2019, driven by a broad range of industries.

Regional employment growth remained high at 2.4% year-over-year in November, slightly higher than the 2.1% employment growth rate during the same period in 2018. Since 2015, employment growth averaged 2.8% per year, an addition of more than 500,000 jobs.

In the first eleven months of 2019, nearly 85,000 jobs were created in the Bay Area. The bulk of new hires were in the professional and business services and information services sectors, which include many STEM-related positions. Hiring was also strong in the educational and health services sector, which added more than 16,000 jobs, or 3.0%, through November. The financial activities sector expanded by nearly 6,000 jobs, the strongest pace since 2016. In aggregate, office-using employment increased by more than

10 | 2020 Market Report, 2019 Data

37,000 jobs. The pace of hiring in the trade and leisure and hospitality sectors slowed, a result of the tight labor market and increased wage costs borne by employers.

The other services sector, which includes personal services and repair services, was the only primary employment sector to contract in the last year. In typical economic expansions, hiring in the sector increases as households typically spend greater amounts of discretionary income. In the current environment, however, many smaller businesses faced with greater costs, including taxes, rent and wages, are unable to hire or the owner will take on additional hours rather than hire employees.

HOUSING M A R K ET MIX ED The Bay Area housing market in 2019 was somewhat mixed, with sales slowing throughout much of the region. The combination of declining affordability, limited inventory and

Sources: MLS, RCG

Bay Area Job Creation (in thousands) 200

163.5 142.9 116.3 98.3 97.2 81.5

150 100 50

144.4 142.6 119.1 123 105.5 25.7

19.4 23.1

47.0 55.1 51.7

74.4

85 89.4 84.7

22.3

0 -50 -36.2

-38.7

-63.5

-100

-107.4

-150

-80.6 Median Price Increased above $2 million

(2018 vs. 2019) -180.8

-200

-222.1

Napa

5.8%

Santa Cruz

5.4%

19 91 19 92 19 93 19 94 19 95 19 96 19 97 19 98 19 99 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 20 13 20 14 20 15 20 16 20 17 20 18 20 19

-250

San Francisco Sources: BLS, RCG; as of November 2019

buyer fatigue also kept some potential buyers on the sidelines. Throughout the year, roughly 0.5% of the total single family housing stock in the Bay Area was listed for sale, approximately half the share of the state of California and about onefourth of the share of the nation. In 2019, 48,651 homes sold in the Bay Area, compared with more than 50,000 in 2018 and nearly 54,000 in 2017.

The volume of homes sold declined by between 2% and 5% in most counties in the Bay Area; the exception was Marin County where sales increased by 1.1% from the previous year.

2.5%

San Mateo

1.9%

Alameda

0.8% affordability and limited inventory of for-sale Bay Area homes. The median price fell to 0.7% $925,000 in Santa Claraa decrease 0.4% of 1.8%, 2019 from $942,000 in 2018, Marin but remained 8.8% higher than0.0% 2017. Pricing improved in early 2019-1.3% prior to aContra somewhat Costa lackluster summer-4.5% home buyingSonoma season.

Following several months in theSolano summer when -17.6% the median price declined, the median price Sources: MLS, RCG rebounded in the late fall and into early winter, roughly the opposite of the monthly trend in 2018. Comparing the year-end regional median price, December 2019 was 5.8% higher than 2018.

With fewer homes selling, the average days on market also increased to more than 38 days, nearly a week longer than in 2018. However, a clear trend emerged in the last year highlighting the ongoing competition for some homes while others remain on the market for longer periods.

Most homes that spent less than the average days on market also sold for more than the asking price. Within the luxury home segment, this trend was even more apparent. Bay Area homes priced to attract strong buyer interest can generate a competitive bidding process that may lead to a shorter close time.

Sales Generally Decreased in 2019

The Bay Area median price decreased modestly in 2019, driven in part by diminished

Note: Difference in total sales in 2019 vs. 2018.

Sources: MLS, RCG

-496

Santa Clara

-486

Contra Costa Alameda

-256 -173

San Mateo

-164

Santa Cruz

-110 -98

San Francisco

-91

Solano

-48 Marin

Bay Area Job Creation (in thousands)

Sonoma

Napa

25

2020 Market Report, 2019 Data | 11

Median Price Increased above $2 million (2018 vs. 2019) Napa

5.8%

Santa Cruz

5.4%

San Francisco

2.5%

San Mateo

1.9%

Alameda

0.8%

Bay Area

0.7%

Santa Clara

0.4%

Marin 0.0% -1.3% -4.5%

Contra Costa Sonoma Solano

-17.6% Sources: MLS, RCG

LOOK ING A HE A D Going forward, we expect the moderate economic expansion to continue and the Bay Area will remain the technologyin and innovation Sales Generally Decreased 2019 capital of the world. Domestic and international Santa -496 may provide headwinds issues to Clara continued Contra Costa -486 growth, but the strength of the economy should Alameda -256 persevere. Election year turmoil, uncertain tariff San Mateo issues and other-173 external forces could drive Santa Cruzto conditions -164 increased volatility in 2020, similar Sonoma -110 years, we have seen in recent leading to Franciscoeconomy.

-98 temporary pauses within theSan regional -91 -48

12 | 2020 Market Report, 2019 Data

Marin

Solano Napa

25

Note: Difference in total sales in 2019 vs. 2018.

Sources: MLS, RCG

While the outlook should generally remain positive for venture capital funding and the IPO market, leading to additional wealth creation for some households in the Bay Area, startup companies will be under increased scrutiny and likely more cautious as they raise funds and explore public market options.

The technology industry should remain the driving force behind the creation of thousands of new jobs in the Bay Area, attracting new residents to the region even as some households relocate for affordability and quality of life reasons. Despite some relocations, on net the number of households and population in the Bay Area will increase through the next several years. Even as we expect demographic forces will expand theBay laborArea force,Median the availability Prices:of2017-2019 qualified labor will continue to constrain hiring in the near term.$1,600,000 We expect employment growth in the 1% to 2% range, or between 40,000 and 80,000 new hires.

The unemployment rate $1,200,000 should hover in the mid-2% range through the remainder of the year. $800,000

The housing market is likely to maintain its current trajectory through the upcoming year. $400,000 Continued economic expansion and wealth formation in the Bay Area should spur additional $0 Concurrently, the buyer demand for homes.

Alameda Contra Marin regional housing market will remainCosta constrained Sources: MLS, by a lack of inventory for RCG sale as well as persistent affordability issues for many households. While it is true that homeownership in the Bay Area is far less attainable for some households after several years of strong price appreciation, the expanding economy is also creating new wealth that enables other households to become homeowners or purchase larger homes. In the near term, for-sale inventory should remain constrained by households aging in place, property tax implications and limited options in the trade-up market. Reflecting the expectation for limited inventory coming to market, sales activity should increase slightly as buyer demand persists and 2017 2018 2019

M A R K ET MOV ES HIGHER Throughout the year, homes priced above $2 million generally outperformed lower priced homes. Though fewer homes sold in 2019, the median price of the homes that sold for more than $2 million increased by 0.7%. The median price for the higher priced homes increased in most counties, except Contra Costa and Sonoma counties, and Solano County which had very few sales in this price range. The median price increased substantially in Napa and Santa Cruz counties, by 5.8% and 5.4%, respectively.

The median price of higher priced homes also increased by 2.5% in San Francisco County and by 1.9% in San Mateo County.

Napa

San Francisc

mortgage rates remain low. Additionally, the limited amount of inventory translating into closed sales also means that it will take some time at the current pace to release pent-up buyer demand.

Y E A R- OV ER-Y E A R PR ICE CH A NGES Median home price trends were mixed throughout the last year, with pricing increasing in some counties and decreasing in others. For example, the December-over-December median price increased the most in Contra Costa and Solano counties, by 9.3% and 8.2%, respectively.

However, the year-over-year change was much more modest at 2.7% and 1.1%, respectively.

The December median price also increased by 6.5% in Santa Clara County, by 4.6% in Alameda County and by 4.0% in Marin County, but the year-over-year median price decreased by -5.6%, -1.6% and -2.6%, respectively. Santa Cruz County had only a 0.6% increase year over year. The year-over-year median price declined in San Mateo and Sonoma counties, and San Francisco and Napa median price stayed the same.

Bay Area Median Prices: 2017-2019 $1,600,000

$1,200,000

$800,000

Alameda

2017 2018 2019

$0

2017 2018 2019

$400,000

Contra Costa

Marin

Napa

San Francisco

San Mateo

Santa Clara

Santa Cruz

Solano

Sonoma Bay Area

Sources: MLS, RCG

About Golden Gate Sotheby’s International Realty Golden Gate Sotheby’s International Realty has over 550 agents in 25 offices throughout the San Francisco Bay Area serving the counties of Alameda, Contra Costa, Marin, Napa, San Mateo, Santa Clara, Santa Cruz, Solano, Sonoma, and San Francisco.

About Rosen Consulting Group Rosen Consulting Group was founded in 1990 by Dr. Kenneth T. Rosen to provide objective real estate market and economic advisory services. Today, Dr. Rosen and Randall Sakamoto are the partners and active managers of the firm consisting of 18 advisory professionals. 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.

2020 Market Report, 2019 Data | 13

$1,000,000

S A N F R A NCI S C O B AY A R E A M E DI A N S A L E S PR IC E S : 19 91-2 019 Graph shows the 12-month rolling average of the median sales price for existing single family detached homes in the nine Bay Area counties. the rolling average smooths out seasonal variations to give a clear picture of long term trends.

$800,000

Source: California Association of Realtors

$600,000

Dotcom bubble peaks

$400,000

1991

1992

1993

1994

14 | 2020 Market Report, 2019 Data

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

5

High $1,050,000 May 2018 Market Peak $789,250 May 2007 Subprime bubble bursts

2006

2007

2008

2009

9Y ea rs

Gr ow th

Market Trough $321,110 Feb 2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020 Market Report, 2019 Data | 15

SAN FRANCISCO BAY AREA SALES SUMMARY 16 | 2020 Market Report, 2019 Data

SF BAY A R E A R E SI DENT I A L SA L E S SU M M A RY · 2019 District

Average Sale Price Median Sale Price 2019

±%

2019

±%

High Sale

Avg Price/SF

2019

2019

±%

# of Sales 2019

±%

DOM 2019

±%

San Francisco Single Family

$2,026,141

2.7%

$1,600,000

0.0%

$27,000,000

$1,015

2.1%

2109

-4.4%

26

10.0%

Condo, Loft, etc.

$1,359,877

2.6%

$1,240,000

3.3%

$8,400,000

$1,135

2.0%

2737

-7.7%

36

9.1%

$1,035,809

0.0%

$920,000

-1.6%

$6,625,000

$589

-0.7%

9513

-2.6%

27

27.2%

$655,924

-4.2%

$629,949

-4.6%

$2,078,000

$549

-2.6%

3358

0.9%

32

63.3%

Single Family

$853,476

2.3%

$667,500

2.7%

$7,000,000

$413

1.6%

9991

-4.6%

33

23.1%

Condo

$532,041

-1.5%

$480,000

-1.0%

$1,850,000

$433

0.3%

2741

-3.6%

33

52.4%

$1,664,832

-1.2%

$1,319,500

-2.6%

$14,000,000

$728

-0.7%

2202

1.1%

56

18.4%

$717,599

-1.9%

$635,000

-5.1%

$3,925,000

$558

-1.7%

597

0.0%

57

15.9%

$1,007,345

-4.6%

$710,000

0.0%

$23,700,000

$500

-1.8%

1162

-3.9%

87

8.8%

$566,462

2.8%

$500,000

-2.9%

$2,400,000

$474

3.3%

128

-8.6%

84

62.4%

Alameda Single Family Condo Contra Costa

Marin Single Family Condo Napa Single Family Condo San Mateo Single Family

$1,955,449

-0.1%

$1,560,000

-1.0%

$25,000,000

$984

-0.7%

3967

-4.2%

26

23.0%

Condo

$1,006,184

-3.2%

$929,000

-1.4%

$4,000,000

$809

-1.7%

1263

2.7%

28

59.0%

$1,550,780

-4.4%

$1,260,000

-5.6%

$13,000,000

$816

-5.6%

9312

-5.1%

29

43.9%

$891,159

-6.5%

$825,000

-7.1%

$4,330,000

$680

-9.4%

3747

-2.3%

34

104.2%

$1,016,369

1.1%

$890,000

0.6%

$9,702,000

$589

-1.1%

1644

-9.0%

45

21.8%

$623,814

1.9%

$596,300

-0.5%

$2,090,000

$528

-1.0%

468

7.8%

43

9.8%

Single Family

$481,578

-0.3%

$450,000

1.1%

$2,100,000

$278

1.4%

4469

-2.0%

56

16.8%

Condo

$304,562

0.3%

$275,000

-5.2%

$695,000

$271

1.7%

383

-5.4%

50

24.9%

$794,394

-4.8%

$653,900

-2.4%

$14,000,000

$447

-3.3%

4281

-2.5%

69

16.0%

Santa Clara Single Family Condo Santa Cruz Single Family Condo Solano

Sonoma Single Family Condo Bay Area SFH Bay Area Condo Bay Area All Residential

$393,992

-7.5%

$365,000

-8.7%

$949,000

$345

-3.8%

539

-8.6%

68

36.2%

$1,169,833

-1.2%

$925,000

-1.8%

$27,000,000

$608

-1.8%

48,650

-3.8%

38

22.6%

$821,675

-2.8%

$710,000

-3.8%

$8,400,000

$655

-3.0%

15,961

-2.5%

37

48.0%

$1,083,826

-1.6%

$859,880

-1.7%

$27,000,000

$620

-2.1%

64,611

-3.5%

38

26.7%

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

2020 Market Report, 2019 Data | 17

LUXURY MARKET SALES SUMMARY 18 | 2020 Market Report, 2019 Data

S A N F R A NC I S C O B AY A R E A LU X U RY M A R K E T While median prices in the luxury market rose in 2019, the number of homes sold saw a decline, with 8% fewer sales over $4 million compared with the previous year. 2019 high-end sales were still nearly 16% above 2017 levels. The number of sales in the ultra luxury market (homes above $10 million) remained relatively unchanged in San Francisco, Marin and San Mateo Counties as expected given these high demand markets.

The second-highest public sale in all of the Bay Area was a newly constructed estate in Atherton with over 14,000 square feet of living space that went for $25 million.

The highest sale in the Wine Country was a spread of 16 parcels totaling 2,100 acres near Calistoga, sold for $23.7 million with the seller represented by a Golden Gate Sotheby’s International Realty agent.

Since not all sales are reported to the MLS and many high-priced homes are sold off-market to maintain client privacy, details of every private sale are not available. A Golden Gate Sotheby’s International Realty agent sold one of the highest-priced home privately in San Mateo County for $31 million.

Homes by famous architects commanded top positions this year. Marin County’s high sale was a $14 million Hampton-style home in Ross designed by famous architect William Wurster.

Santa Clara County’s highest was the Birge Clark-designed Spanish Colonial Revival that sold in Palo Alto for $13 million.

The highest priced publicly-listed sale in the Bay Area in 2019 was a mansion in the Pacific Heights neighborhood of San Francisco, originally built in 1912. It was sold by a Golden Gate Sotheby’s International Realty agent for $27 million.

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

Luxury Home Sales by Price Range $4-6m

$6-10m

$10m+

Santa Clara

214

48

3

San Mateo

145

53

$13,000,000

29

$25,000,000

San Francisco

95

Marin

59

Napa

18 6 3

$23,700,000

78 1

$14,000,000

Contra Costa

10 2

$7,000,000

Alameda

10 2

$6,625,000

6 4

$9,702,000

Sonoma

Santa Cruz

37

High Sale

27

11

$27,000,000

5

$14,000,000

$2,100,000

Solano 0

75

150

225

300

2020 Market Report, 2019 Data | 19

SA N FR A NCISCO

SAN FRANCISCO SINGLE FAMILY 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

2014 2015

2016

2017

2018

2019

$1,600,000

$1,275K $850K $425K

Q

Q 4

20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 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

675

700 525

2015

641

2016

598

638

655 571

428

350

2017

363

631

650

2018

597

626

2019

669

639

610 528

388

400

599 503

368

175

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

20 | 2020 Market Report, 2019 Data

S A N F R A NC I S C O S A L E S BY DI S T R IC T · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City District 1

2019 $2,456,671

±%

Median Sale Price 2019

7.3%

$2,100,000

±%

High Sale

Avg Price/SF

2019

5.0%

$18,000,000

# of Sales 2019

±%

DOM

2019

±%

$1,031

3.6%

171

-10.0%

2019 27

±% 17.8%

District 2

$1,574,945

3.1%

$1,500,000

3.4%

$3,850,000

$970

0.2%

379

-0.8%

22

9.0%

District 3

$1,295,479

0.5%

$1,222,500

-2.2%

$2,705,000

$860

-1.3%

138

-7.4%

24

-10.5%

District 4

$1,875,061

-1.1%

$1,700,000

-2.0%

$5,000,000

$962

-1.3%

290

-10.5%

24

6.5%

District 5

$2,701,103

6.2%

$2,500,000

8.6%

$8,700,000

$1,239

0.3%

324

0.6%

24

2.5%

District 6

$2,852,769

-1.3%

$2,900,000

5.8%

$4,650,000

$1,143

5.4%

39

-4.9%

31

3.0%

District 7

$5,792,400

-1.9%

$4,972,500

5.1%

$27,000,000

$1,462

-2.5%

100

1.0%

47

48.8%

District 8

$3,763,600

-19.9%

$3,100,000

-13.0%

$12,750,000

$1,434

9.0%

25

8.7%

50

36.2%

District 9

$1,802,144

1.0%

$1,625,000

0.5%

$4,700,000

$1,123

5.6%

227

-5.4%

26

25.6%

$1,117,216

3.2%

$1,085,000

3.3%

$1,945,000

$795

2.8%

416

-4.8%

27

2.2%

$2,026,141

2.7%

$1,600,000

0.0%

$27,000,000

$1,015

2.1%

2109

-4.4%

26

10.0%

District 10 San Francisco Co.

DI S T R IC T 1

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

DI S T R IC T 2

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

DI S T R IC T 3

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

DI S T R IC T 4

Balboa Terrace, Diamond Heights, Forest Hill, Forest Knolls, Ingleside Terrace, Midtown Terrace, Saint Francis Wood, Miraloma Park, Forest Hill Extension, Sherwood Forest, Mount Davidson Manor, Westwood Highlands, Westwood Park, Sunnyside, West Portal, Monterey Heights

DI S T R IC T 5

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

DI S T R IC T 6

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

DI S T R IC T 7

Marina, Pacific Heights, Presidio Heights, Cow Hollow

DI S T R IC T 8

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

DI S T R IC T 9

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

DI S T R IC T 10

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

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

2020 Market Report, 2019 Data | 21

SAN FRANCISCO CONDOS 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 $1,300K

2014 2015

2016

2017

2018

2019

$1,250,000

$975K $650K $325K

Q

Q 4

20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

$0K

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

2014

2015

2016

2017

864 762

750

682 583

500

757

590

627

2019

900

833

823

748 742 734 567

2018

637

900 711 716

632

693

512

250

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

22 | 2020 Market Report, 2019 Data

S A N F R A NC I S C O S A L E S BY DI S T R IC T · 2 01 9 C ON D O/C O OP/ T IC/ L OF T Average Sale Price City

2019

±%

Median Sale Price 2019

±%

High Sale

Avg Price/SF

2019

2019

±%

# of Sales 2019

±%

DOM 2019

±%

District 1

$1,446,615

7.5%

$1,350,000

5.5%

$2,965,000

$1,012

3.6%

144

-11.7%

31

22.7%

District 2

$1,183,198

3.1%

$1,200,000

-1.8%

$1,800,000

$994

5.7%

43

-23.2%

26

0.2%

District 3

$1,010,715

1.0%

$928,000

9.8%

$1,449,000

$803

-4.2%

35

2.9%

65

129.7%

District 4

$856,869

-4.2%

$820,000

-6.3%

$1,850,000

$853

8.6%

67

31.4%

46

30.0%

District 5

$1,529,649

7.3%

$1,500,000

6.5%

$3,850,000

$1,194

3.9%

412

-6.8%

21

-4.2%

District 6

$1,262,248

1.5%

$1,250,000

0.4%

$2,800,000

$1,086

0.8%

254

-9.9%

34

-9.2%

District 7

$1,827,844

5.6%

$1,550,000

3.3%

$6,253,000

$1,259

1.6%

312

8.0%

33

32.4%

District 8

$1,270,848

-5.1%

$1,025,000

-6.0%

$6,800,000

$1,166

1.2%

454

-5.6%

50

17.3%

District 9

$1,285,513

1.1%

$1,170,000

3.1%

$8,400,000

$1,165

1.2%

953

-12.2%

36

0.4%

$743,424

-0.9%

$768,000

-2.2%

$1,100,000

$675

-3.8%

63

-22.2%

61

43.2%

$1,359,877

2.6%

$1,240,000

3.3%

$8,400,000

$1,135

2.0%

2737

-7.7%

36

9.1%

District 10 San Francisco Co.

DI S T R IC T 1

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

DI S T R IC T 2

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

DI S T R IC T 3

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

DI S T R IC T 4

Balboa Terrace, Diamond Heights, Forest Hill, Forest Knolls, Ingleside Terrace, Midtown Terrace, Saint Francis Wood, Miraloma Park, Forest Hill Extension, Sherwood Forest, Mount Davidson Manor, Westwood Highlands, Westwood Park, Sunnyside, West Portal, Monterey Heights

DI S T R IC T 5

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

DI S T R IC T 6

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

DI S T R IC T 7

Marina, Pacific Heights, Presidio Heights, Cow Hollow

DI S T R IC T 8

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

DI S T R IC T 9

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

DI S T R IC T 10

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

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

2020 Market Report, 2019 Data | 23

ALAMEDA COUNTY 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 $1,000K

2014 2015

2016

2017

2018

2019

$910,000

$750K $500K $250K

Q 4

20 14 Q 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 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

2015 3147

2016

3070 2630

2538

2017

2885 2910 2578

2018

2880 2838 2633

2019

3008

2899

2685 2294

2400 1773

1764

1801

1786

2605 2299

1710

1600 800

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

24 | 2020 Market Report, 2019 Data

A L A M E DA C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Alameda

2019

±%

$1,199,971

6.0%

Albany

$1,183,179

Berkeley

$1,431,349

Castro Valley Dublin Emeryville Fremont

Median Sale Price 2019

±%

High Sale 2019

Avg Price/SF 2019

±%

$1,158,500

7.3%

$3,000,000

$693

4.7%

8.2%

$1,110,000

8.3%

$2,400,000

$859

1.6%

$1,350,000

3.8%

$4,150,000

$821

# of Sales 2019

±%

DOM 2019

±%

338

-9.4%

21

15.5%

-0.6%

83

-4.6%

27

51.9%

3.9%

569

4.6%

21

-4.0%

$923,397

0.7%

$871,000

0.1%

$2,950,000

$520

-1.3%

441

2.8%

26

31.2%

$1,110,970

0.4%

$1,057,000

-2.1%

$2,217,000

$496

-1.7%

461

5.7%

31

57.4%

$765,272

-12.9%

$690,000

-9.2%

$1,200,000

$680

7.8%

7

0.0%

40

201.1%

$1,225,470

-8.1%

$1,140,000

-7.2%

$3,625,000

$709

-6.5%

1182

-4.5%

28

41.9%

Hayward

$758,102

-2.4%

$705,000

-0.1%

$1,968,000

$485

0.1%

923

-8.9%

31

29.5%

Livermore

$922,134

-0.8%

$815,000

-1.2%

$3,975,000

$488

-2.1%

944

-4.0%

29

45.8%

Newark

$951,711

-4.2%

$911,000

-6.1%

$1,585,000

$597

-10.7%

302

-5.6%

40

120.6%

Oakland

$932,747

3.4%

$816,500

2.7%

$4,100,000

$583

3.6%

2402

-0.2%

26

4.7%

Piedmont

$2,414,084

-2.4%

$2,250,000

-2.2%

$6,625,000

$810

-5.2%

119

24.0%

21

27.9%

Pleasanton

$1,407,743

0.8%

$1,215,000

-2.8%

$4,275,000

$578

-3.6%

659

-3.5%

30

39.2%

San Leandro

$731,887

2.8%

$700,000

1.4%

$1,549,000

$505

-0.2%

515

-18.0%

23

27.1%

San Lorenzo

$673,026

0.8%

$680,000

1.1%

$1,010,000

$516

0.1%

232

20.8%

17

-11.3%

$1,046,995

-31.4%

$742,000

-25.8%

$2,630,000

$587

-13.8%

11

22.2%

43

-58.7%

$936,986

-8.8%

$895,000

-10.7%

$1,555,000

$538

-6.3%

325

0.6%

32

73.8%

$1,035,809

0.0%

$920,000

-1.6%

$6,625,000

$589

-0.7%

9513

-2.6%

27

27.2%

Sunol Union City Alameda Co.

C ON D O S Average Sale Price Alameda Co.

$655,924

-4.2%

Median Sale Price $629,949

-4.6%

High Sale $2,078,000

Avg Price/SF $549

-2.6%

# of Sales

DOM

3358

32

0.9%

63.3%

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

2020 Market Report, 2019 Data | 25

CONTRA COSTA COUNTY 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

2014 2015

2016

2017

2018

2019

$670,000

$525K $350K $175K

Q 4

20 14 Q 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 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

2015 3330 3248

3146 3085

2670

2504

2550

2016

2021

2016

2017

3198 3162

2700 2076

2018

3193

2692 2059

2019

3055

2931 2296

2918 2325

1694

1700 850

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

26 | 2020 Market Report, 2019 Data

C ON T R A C O S TA C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Alamo Antioch Bay Point

2019

±%

$2,014,741

2.8%

Median Sale Price 2019

±%

$1,835,000

High Sale 2019

Avg Price/SF 2019

7.9%

$4,800,000

$578

±%

# of Sales 2019

DOM

±%

0.8%

199

-1.0%

2019 45

±% 17.5%

$478,717

5.3%

$475,000

5.6%

$850,000

$258

-1.9%

1119

-7.6%

31

49.7%

$459,508

-2.0%

$430,000

-4.6%

$785,000

$299

-0.1%

156

-13.3%

34

29.3%

Bethel Island

$479,441

0.9%

$474,500

-10.2%

$896,305

$281

-12.8%

26

-13.3%

63

19.3%

Brentwood

$637,745

0.2%

$620,000

1.6%

$1,500,000

$282

3.4%

963

-4.0%

41

20.9%

Byron

$702,875

-10.4%

$656,500

-17.8%

$1,145,000

$374

-4.4%

8

14.3%

116

131.5%

Canyon

†

†

†

†

†

†

†

†

†

†

†

Clayton

$920,956

8.5%

$878,000

5.3%

$1,839,500

$381

-4.6%

140

1.4%

41

70.0%

Concord

$659,873

1.1%

$635,500

0.9%

$1,425,000

$416

2.3%

1057

-1.3%

25

2.2%

Crockett

$559,072

0.8%

$605,000

13.9%

$832,000

$356

0.5%

27

-15.6%

41

-0.5%

Danville

$1,509,967

0.6%

$1,375,000

-0.1%

$7,000,000

$530

0.1%

695

-0.1%

40

26.0%

Diablo

$2,671,026

15.4%

$2,300,000

28.9%

$6,400,000

$622

7.7%

19

-5.0%

88

49.2%

Discovery Bay

$656,327

-0.2%

$600,000

0.0%

$2,200,000

$257

-3.0%

350

12.5%

62

26.7%

El Cerrito

$999,783

1.0%

$926,000

-2.5%

$2,166,000

$650

4.3%

200

3.1%

22

12.6%

El Sobrante

$620,316

-0.8%

$590,000

-3.3%

$1,324,000

$409

6.3%

125

7.8%

36

22.0%

Hercules

$708,827

3.8%

$697,500

2.9%

$1,188,888

$343

3.2%

140

-26.3%

40

52.4%

Kensington

$1,298,194

7.0%

$1,277,500

9.0%

$3,100,000

$700

14.9%

62

10.7%

23

7.3%

Knightsen

$780,000

-26.1%

$780,000

-29.0%

$790,000

$463

53.6%

2

-60.0%

69

-6.8%

Lafayette

$1,796,762

3.0%

$1,615,000

8.6%

$5,850,000

$673

-2.0%

281

-5.4%

32

28.4%

$677,699

-1.8%

$655,000

0.8%

$2,408,000

$406

-0.6%

393

-3.9%

30

0.5%

Martinez Moraga

$1,486,327

0.2%

$1,450,000

3.6%

$2,805,000

$610

3.4%

129

-1.5%

23

15.5%

Oakley

$525,495

4.8%

$506,718

3.4%

$2,400,000

$273

3.6%

530

-8.9%

35

32.8%

Orinda

$1,628,495

-5.9%

$1,501,500

-2.4%

$4,850,000

$626

-1.8%

252

-10.3%

40

13.2%

Pacheco

$586,842

-3.0%

$577,000

-3.8%

$730,000

$455

16.2%

13

-48.0%

18

-6.4%

Pinole

$604,050

-1.0%

$590,000

0.0%

$900,000

$398

1.0%

168

2.4%

26

-4.3%

Pittsburg

$473,352

0.1%

$459,000

2.0%

$875,000

$292

3.5%

498

-9.5%

29

9.0%

Pleasant Hill

$863,900

1.6%

$1,960,000

$505

-0.7%

321

-0.6%

23

7.7%

†

†

†

†

†

†

$825,000

0.0%

†

†

†

†

Port Costa

$431,000

-40.1%

$431,000

-40.1%

$431,000

$422

9.8%

1

0.0%

10

-73.0%

Richmond

$598,158

5.7%

$561,000

3.9%

$1,950,000

$443

4.1%

668

-16.2%

30

20.3%

Point Richmond

†

Rodeo

$530,671

2.1%

$540,000

0.0%

$715,000

$370

-0.5%

68

13.3%

40

94.2%

San Pablo

$495,108

4.9%

$495,000

7.0%

$825,000

$423

3.8%

179

-8.7%

30

12.6%

San Ramon

$1,205,186

-3.0%

$1,149,900

-4.6%

$2,750,000

$501

-1.1%

649

-1.8%

29

53.3%

Walnut Creek

$1,221,464

3.2%

$1,175,000

3.3%

$4,400,000

$565

0.1%

553

2.8%

24

7.3%

$853,476

2.3%

$667,500

2.7%

$7,000,000

$413

1.6%

9991

-4.6%

33

23.1%

Contra Costa Co.

C ON D O S Average Sale Price Contra Costa Co.

$532,041

-1.5%

Median Sale Price $480,000

-1.0%

High Sale $1,850,000

Avg Price/SF $433

0.3%

# of Sales 2741

-3.6%

DOM 33

52.4%

For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS. †No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2020 Market Report, 2019 Data | 27

MARIN COUNTY 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 $1,500K

2014 2015

2016

2017

2018

2019

$1,317,500 $1,125K $750K $375K

Q

Q 4

20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 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

2015

2016

721

2017

715 635

600

529

741 615

527 513

521 383

400

2018

341

335

2019

725

716 607

551

603 490

356

542

342

200

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

28 | 2020 Market Report, 2019 Data

M A R I N C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Belvedere

2019

±%

$3,886,003

Median Sale Price 2019

±%

2.5%

$3,625,000

12.4%

High Sale 2019

Avg Price/SF 2019

$7,500,000

$1,249

±% 1.6%

# of Sales 2019

DOM

±%

2019

±%

38

-9.5%

82

-13.8%

Bolinas

$2,937,273

89.1%

$1,765,000

30.8%

$8,750,000

$1,454

27.7%

11

-31.2%

146

55.8%

Corte Madera

$1,656,556

-13.2%

$1,527,556

3.6%

$4,500,000

$844

-0.6%

112

86.7%

38

-9.0%

Dillon Beach Fairfax Forest Knolls

$862,854

-15.0%

$817,500

-13.1%

$1,475,000

$572

14.2%

12

-25.0%

125

-5.5%

$1,088,893

-3.7%

$960,500

-3.5%

$2,900,000

$670

6.3%

92

16.5%

44

44.7%

$959,857

23.2%

$935,000

10.0%

$1,475,000

$501

-5.9%

7

-30.0%

87

94.4%

$1,909,752

7.3%

$1,850,000

10.5%

$3,050,000

$788

2.7%

51

8.5%

40

-3.8%

Inverness

$1,515,208

16.8%

$1,380,000

13.6%

$3,200,000

$868

17.6%

24

4.3%

50

-10.0%

Kentfield

$2,755,665

5.8%

$2,243,750

-9.3%

$10,500,000

$927

-1.2%

82

12.3%

53

41.0%

Greenbrae

Lagunitas

$990,097

7.0%

$930,888

14.2%

$1,460,000

$544

-2.8%

8

0.0%

61

1.2%

Larkspur

$2,141,292

6.0%

$2,050,000

10.2%

$4,500,000

$934

-4.3%

65

-3.0%

42

10.7%

Marshall

$1,950,000

41.8%

$1,200,000

-12.7%

$6,000,000

$938

–

6

200.0%

71

-48.3%

Mill Valley

$1,976,330

-0.1%

$1,650,000

-2.1%

$8,707,000

$882

0.3%

302

-10.7%

48

31.6%

Muir Beach

$2,446,667

45.5%

$2,700,000

62.9%

$2,800,000

$933

-4.6%

3

-25.0%

134

283.8%

Nicasio

$1,891,960

-10.6%

$1,630,000

-6.9%

$3,200,000

$650

-5.7%

5

-28.6%

286

120.2%

Novato

$1,056,917

-1.4%

$950,000

-1.6%

$2,550,000

$488

-2.4%

485

28.3%

Olema

†

†

†

†

†

†

†

8.5%

60

†

†

†

6

0.0%

67

†

Pt. Reyes Station

$1,753,333

10.6%

$1,592,500

2.7%

$3,300,000

$905

Ross

$4,347,954

23.4%

$3,400,000

33.3%

$14,000,000

$1,130

4.8%

39

8.3%

68

42.4%

San Anselmo

$1,524,610

2.3%

$1,385,000

3.7%

$6,262,000

$713

-2.0%

177

0.0%

46

39.6%

-45.9%

-45.7%

San Geronimo

$1,661,831

-3.0%

$1,195,000

-30.9%

$4,050,000

$480

-16.2%

7

-12.5%

59

-30.5%

San Rafael

$1,262,183

-5.3%

$1,200,000

1.8%

$3,900,000

$623

0.0%

499

-1.6%

50

22.0%

Sausalito

$2,115,829

-9.5%

$1,785,000

-10.2%

$5,300,000

$946

-1.3%

49

-3.9%

56

-28.6%

Stinson Beach

$2,751,472

15.0%

$2,730,000

16.2%

$6,100,000

$1,823

26.6%

18

-5.3%

85

11.5%

Tiburon

$3,120,376

-1.7%

$2,672,500

3.6%

$9,945,000

$985

0.5%

90

-21.7%

96

21.7%

Tomales

$760,000

-4.6%

$760,000

20.2%

$760,000

$812

70.8%

1

-75.0%

61

-55.6%

Woodacre

$938,846

-0.7%

$957,000

6.5%

$1,230,000

$530

-2.6%

13

-13.3%

69

41.2%

Marin Co.

$1,664,832

-1.2%

$1,319,500

-2.6%

$14,000,000

$728

-0.7%

2202

1.1%

56

18.4%

C ON D O S Average Sale Price Marin Co.

$717,599

-1.9%

Median Sale Price $635,000

-5.1%

High Sale $3,925,000

Avg Price/SF $558

-1.7%

# of Sales 597

0.0%

DOM 57

15.9%

†No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2020 Market Report, 2019 Data | 29

NAPA COUNTY 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 $800K

2014 2015

2016

2017

2018

2019

$710,000 $600K $400K $200K

Q

Q 4

20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

$0K

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

2014

2015

362

2016

382

360

2017

387

360 342

321

300

271 259

280 242

2018

267

2019

320

288

338 350

344 291

285

254 188

200 100

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

30 | 2020 Market Report, 2019 Data

N A PA C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City American Canyon Angwin

2019 $545,615

±%

Median Sale Price 2019

-0.6%

$535,000

±%

High Sale 2019

-1.8%

$1,185,000

Avg Price/SF 2019

# of Sales

±%

$291

2019

-0.4%

DOM

±%

2019

±%

150

2.0%

70

24.9%

$960,033

5.6%

$750,000

5.5%

$3,100,000

$401

-0.8%

15

-31.8%

144

-34.4%

Calistoga

$1,928,550

-12.1%

$962,500

-0.8%

$23,700,000

$565

-43.0%

42

-16.0%

118

-25.5%

Deer Park

$1,165,125

*

$1,165,125

*

$1,165,125

–

*

1

*

162

*

$917,726

-5.3%

$725,000

1.4%

$13,325,000

$492

2.2%

835

-2.6%

83

18.9%

$7,200,000

*

$7,200,000

*

$7,200,000

$1,600

*

1

*

109

*

$287,077

-0.3%

$232,000

3.1%

$900,000

$200

-5.3%

13

0.0%

164

7.6%

Rutherford

$1,055,000

-29.7%

$1,055,000

-12.1%

$1,220,000

$810

-11.7%

2

-33.3%

86

-51.0%

St. Helena

$2,056,039

7.4%

$1,475,000

4.6%

$9,800,000

$852

3.8%

87

-7.4%

109

-3.5%

Napa Oakville Pope Valley

Yountville

$2,119,344

2.1%

$1,032,500

-28.8%

$13,500,000

$1,019

22.4%

16

-30.4%

94

3.7%

Napa Co.

$1,007,345

-4.6%

$710,000

0.0%

$23,700,000

$500

-1.8%

1162

-3.9%

87

8.8%

C ON D O S Average Sale Price Napa Co.

$566,462

2.8%

Median Sale Price $500,000

-2.9%

High Sale $2,400,000

Avg Price/SF $474

3.3%

# of Sales 128

-8.6%

DOM 84

62.4%

For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS.

*No sales recorded for 2018. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2020 Market Report, 2019 Data | 31

SAN MATEO COUNTY 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 $1,700K

2014 2015

2016

2017

2018

2019

$1,542,000

$1,275K $850K $425K

Q

Q 4

20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1400

2014

2015

2016

1280 1254 1130

1037

1050 753

700

2017

1213 1172

728

2018

1303 1129 1122

1083

729

2019

1254 1094 758

1204 1042

1035

1002

719

350

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

32 | 2020 Market Report, 2019 Data

S A N M AT E O C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Atherton

2019

±%

Median Sale Price 2019

±%

$8,779,236

5.5%

$6,000,000

Belmont

$1,821,052

-4.7%

Brisbane

$1,348,300

4.2%

High Sale 2019

Avg Price/SF 2019

±%

# of Sales 2019

DOM

±%

-9.8%

$25,000,000

$1,712

7.4%

63

$1,750,000

-3.7%

$3,200,000

$1,013

-4.2%

$1,422,500

18.5%

$2,350,000

$799

9.0%

2019

±%

-6.0%

62

19.9%

180

-5.3%

20

22.5%

30

20.0%

28

31.4%

Burlingame

$2,554,619

1.1%

$2,415,000

0.9%

$5,125,000

$1,191

-1.1%

175

-7.9%

22

14.2%

Colma

$1,158,086

-2.3%

$1,110,000

8.8%

$1,725,000

$735

7.6%

9

-18.2%

15

28.1%

Daly City

$1,086,679

2.0%

$1,080,000

2.9%

$1,580,000

$760

1.3%

303

-9.8%

18

-4.9%

$1,013,512

-3.5%

$962,500

-1.8%

$1,625,000

$796

2.6%

92

-20.0%

34

69.5%

East Palo Alto El Granada

$1,197,269

3.4%

$1,199,000

2.5%

$1,900,000

$672

-0.3%

39

-26.4%

46

46.3%

Foster City

$1,864,098

-2.5%

$1,807,500

-4.4%

$2,800,000

$913

-3.1%

108

-6.9%

19

27.5%

Half Moon Bay

$1,442,568

-2.0%

$1,315,278

-6.1%

$10,250,000

$686

1.4%

114

-10.2%

39

27.7%

Hillsborough

$4,720,851

-4.9%

$4,300,000

1.4%

$16,600,000

$1,136

-3.5%

118

3.5%

44

32.0%

La Honda

$1,032,750

20.1%

$912,750

7.2%

$2,849,000

$667

-2.4%

14

-22.2%

52

215.0%

Loma Mar

†

†

†

†

†

†

†

†

†

†

†

Menlo Park

$2,814,477

-2.5%

$2,400,000

-7.9%

$10,700,000

$1,355

-3.6%

328

13.5%

26

23.8%

Millbrae

$1,899,534

5.2%

$1,868,000

5.4%

$3,650,000

$990

-1.7%

117

-12.7%

18

11.6%

Montara

$1,383,027

-0.6%

$1,300,000

4.3%

$3,800,000

$687

1.1%

45

36.4%

38

-12.4%

Moss Beach

$1,299,210

1.5%

$1,165,000

-4.9%

$3,695,000

$696

-11.4%

31

40.9%

48

30.6%

Pacifica

$1,134,205

-0.8%

$1,110,000

0.9%

$2,100,000

$790

0.1%

262

-5.4%

22

19.7%

$1,155,154

0.0%

$865,000

-18.8%

$3,250,000

$699

-11.6%

13

18.2%

99

8.5%

$3,591,886

3.8%

$3,060,000

-8.4%

$13,750,000

$1,269

0.9%

53

-11.7%

58

43.3%

Pescadero Portola Valley Redwood City

$1,766,987

-1.8%

$1,650,000

-2.9%

$5,700,000

$1,015

-2.3%

555

9.7%

25

38.5%

Redwood Shores

$1,943,578

-12.1%

$1,972,500

-5.9%

$2,565,000

$997

-0.1%

36

24.1%

33

115.8%

San Bruno

$1,188,999

2.2%

$1,200,000

1.3%

$1,798,888

$833

0.0%

187

-10.1%

20

-0.4%

San Carlos

$2,107,203

1.2%

$1,900,000

-3.3%

$4,035,000

$1,098

-1.2%

269

-3.6%

20

32.1%

San Gregorio

$1,800,000

41.1%

$1,800,000

41.1%

$1,800,000

$1,800

210.4%

1

0.0%

48

500.0%

San Mateo

$1,675,060

-5.2%

$1,550,000

-3.1%

$5,800,000

$993

-3.8%

536

-10.8%

22

24.8%

So. San Francisco

$1,114,923

-1.2%

$1,085,000

-1.4%

$2,201,000

$788

0.3%

225

-14.8%

17

-2.6%

Woodside

$3,612,339

-18.8%

$2,538,500

-22.2%

$16,750,000

$1,071

-8.9%

64

0.0%

61

-8.0%

San Mateo Co.

$1,955,449

-0.1%

$1,560,000

-1.0%

$25,000,000

$984

-0.7%

3967

-4.2%

26

23.0%

C ON D O S Average Sale Price San Mateo Co.

$1,006,184

-3.2%

Median Sale Price $929,000

-1.4%

High Sale $4,000,000

Avg Price/SF $809

-1.7%

# of Sales 1263

2.7%

DOM 28

59.0%

†No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2020 Market Report, 2019 Data | 33

SANTA CLARA COUNTY 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 $1,400K

2014 2015

2016

2017

2018

2019

$1,241,200 $1,050K $700K $350K

Q

Q 4

20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 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

2015 3358

2016

3100

2017

3181 2796

2484

2447

2550

1927

1700

1775

2587 1872

3258

2018

2019

3127

3078 2468 1939

2808

2581 2161

2541 2237

1726

850

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

34 | 2020 Market Report, 2019 Data

S A N TA C L A R A C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Alviso

2019 $888,000

±%

Median Sale Price 2019

3.8%

$888,000

High Sale

±%

2019

3.8%

$888,000

Avg Price/SF 2019 $450

# of Sales

±%

2019

DOM

±%

2019

±%

-10.0%

1

-50.0%

18

-25.0%

Campbell

$1,480,539

-3.1%

$1,386,000

-7.6%

$2,950,000

$851

-6.7%

243

-12.6%

29

60.8%

Cupertino

$2,301,168

-5.6%

$2,250,000

-5.7%

$4,475,000

$1,151

-6.9%

245

5.6%

25

45.1%

Gilroy

$862,448

-0.2%

$782,000

-0.4%

$2,650,000

$405

0.2%

509

-6.6%

37

50.5%

Los Altos

$3,477,924

-5.4%

$3,284,000

-3.4%

$9,498,000

$1,377

-8.4%

306

11.7%

24

56.6%

Los Altos Hills

$4,499,587

-11.7%

$4,200,000

-13.4%

$8,798,800

$1,291

4.9%

51

-25.0%

54

6.2%

Los Gatos

$2,332,852

1.0%

$2,195,000

1.6%

$6,995,000

$911

-2.7%

355

-6.6%

40

12.0%

Milpitas

$1,127,495

-6.1%

$1,090,000

-7.2%

$2,050,000

$712

-4.4%

273

-7.8%

26

39.2%

Monte Sereno

$3,349,918

-3.5%

$3,125,000

-5.3%

$7,150,000

$1,052

-0.1%

42

13.5%

43

66.5%

Morgan Hill

$1,124,409

1.9%

$1,025,000

1.5%

$2,749,000

$470

-0.3%

453

-1.3%

36

41.8%

$575,000

*

$575,000

*

$575,000

$301

*

1

*

—

*

Mount Hamilton Mountain View

$2,204,331

-7.5%

$2,126,500

-9.5%

$4,343,000

$1,325

-6.5%

224

-1.3%

21

43.4%

Palo Alto

$3,476,577

-7.9%

$3,080,000

-3.8%

$13,000,000

$1,641

-9.1%

330

-3.8%

30

67.1%

San Jose

$1,187,828

-5.5%

$1,100,000

-6.4%

$3,600,000

$699

-5.6%

4897

-5.8%

27

48.5%

San Martin

$1,232,137

-6.4%

$1,125,000

-11.1%

$3,608,000

$559

-3.8%

37

-24.5%

37

-5.8%

Santa Clara

$1,387,149

-8.8%

$1,357,500

-9.2%

$2,450,000

$915

-9.6%

544

-1.1%

24

42.2%

Saratoga

$2,938,526

-4.3%

$2,697,500

-4.3%

$7,785,000

$1,042

-4.7%

276

6.6%

42

28.9%

Stanford

$2,689,390

3.4%

$2,600,000

-0.9%

$4,250,900

$1,024

-15.6%

10

66.7%

71

463.7%

Sunnyvale

$1,749,808

-7.4%

$1,730,000

-8.1%

$4,875,000

$1,094

-9.1%

515

-14.7%

22

38.6%

Santa Clara Co.

$1,550,780

-4.4%

$1,260,000

-5.6%

$13,000,000

$816

-5.6%

9312

-5.1%

29

43.9%

C ON D O S Condos Santa Clara Co.

Average Sale Price $891,159

-6.5%

Median Sale Price $825,000

-7.1%

High Sale $4,330,000

Avg Price/SF $680

-9.4%

# of Sales 3747

-2.3%

DOM 34

104.2%

*No sales recorded for 2018. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2020 Market Report, 2019 Data | 35

SANTA CRUZ COUNTY 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 $1,000K

2014 2015

2016

2017

2018

2019

$884,500 $750K $500K $250K

Q

Q 4

20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 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

2016

2017

2018

595 616

525

445

443 356

350

494 515

477 496

416 323

327

544

2019

528 508

457

431 340

482 421

284

175

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

36 | 2020 Market Report, 2019 Data

S A N TA C RUZ C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Aptos

2019

±%

$1,174,301

-2.8%

Median Sale Price 2019

±%

$1,000,000

-2.0%

High Sale 2019

Avg Price/SF 2019

$6,000,000

$615

±% -3.1%

# of Sales 2019

±%

233

-17.1%

DOM 2019 52

±% 29.9%

Ben Lomond

$777,998

-1.0%

$762,500

-3.4%

$1,420,000

$503

2.7%

64

-32.6%

32

16.1%

Boulder Creek

$606,222

-5.3%

$585,000

-5.6%

$1,490,000

$461

0.5%

139

-6.1%

48

16.9%

Brookdale Capitola

$728,439

6.1%

$665,000

-1.9%

$1,239,000

$480

3.8%

9

-18.2%

27

-17.4%

$1,349,365

11.6%

$1,150,000

9.4%

$6,150,000

$874

1.7%

63

26.0%

45

-4.0%

Corralitos

$1,018,125

1.5%

$1,044,000

24.3%

$2,000,000

$477

12.8%

16

33.3%

35

-32.6%

Davenport

$603,800

-44.1%

$603,800

-45.1%

$949,000

$754

7.4%

2

-60.0%

83

137.1%

Felton

$654,298

-3.4%

$647,000

-0.9%

$1,450,000

$497

-5.4%

96

-15.8%

34

-4.7%

$584,115

10.4%

$595,000

12.3%

$740,000

$478

12.3%

13

-27.8%

27

-25.2%

Freedom La Selva Beach

$1,388,693

-7.9%

$1,025,000

2.4%

$3,400,000

$754

23.8%

7

-73.1%

65

-6.9%

Los Gatos

$1,182,424

-2.5%

$1,205,000

-2.6%

$2,160,000

$525

0.1%

54

-10.0%

69

13.9%

Mount Hermon

$679,062

6.7%

$660,000

14.8%

$900,000

$485

11.0%

8

-20.0%

19

-76.8%

Santa Cruz

$1,181,099

1.4%

$998,375

-2.8%

$9,702,000

$690

-5.6%

554

-1.9%

45

25.7%

Scotts Valley

$1,084,521

-3.7%

$1,032,500

-1.9%

$2,350,000

$522

1.5%

120

-1.6%

34

36.3%

†

†

†

Seacliff Soquel Watsonville Santa Cruz Co.

†

†

†

†

†

†

†

†

$1,174,373

3.3%

$965,000

2.0%

$4,250,000

$549

-6.5%

73

17.7%

51

103.9%

$697,241

5.1%

$625,000

2.0%

$3,637,500

$437

4.1%

193

-14.6%

48

36.7%

$1,016,369

1.1%

$890,000

0.6%

$9,702,000

$589

-1.1%

1644

-9.0%

45

21.8%

C ON D O S Condos Santa Cruz Co.

Average Sale Price $623,814

1.9%

Median Sale Price $596,300

-0.5%

High Sale $2,090,000

Avg Price/SF $528

-1.0%

# of Sales 468

7.8%

DOM 43

9.8%

For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS.

†No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2020 Market Report, 2019 Data | 37

SOLANO COUNTY 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 $460K

2014 2015

2016

2017

2018

2019

$460,000

$345K $230K $115K

Q

Q 4

20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

$0K

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

2014

1200 1056

2015

1502 1476

923

800

2016

2017

1381 1204 1050

1461

2018

1398 1407

1296

1229 1015

2019

1323

1000

1264

1249

1361 1019

990 827

400

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

38 | 2020 Market Report, 2019 Data

S OL A NO C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Benicia

2019 $681,802

±%

Median Sale Price 2019

-3.6%

$657,000

±%

High Sale 2019

-2.7%

$1,275,000

Avg Price/SF 2019 $352

±%

# of Sales 2019

±%

0.1%

243

-0.8%

DOM 2019

±%

67

36.1%

Dixon

$467,637

-0.2%

$450,000

1.1%

$1,780,000

$251

-0.6%

214

-3.2%

57

43.5%

Elmira

$415,000

-11.7%

$415,000

-11.7%

$415,000

$436

59.2%

1

0.0%

64

45.5%

Fairfield

$497,568

-2.5%

$470,000

0.8%

$2,100,000

$265

1.5%

1217

-5.2%

57

10.5%

Rio Vista

$387,006

2.1%

$375,000

1.4%

$1,300,000

$239

3.7%

239

8.1%

73

17.7%

Suisun City

$416,445

2.7%

$413,500

3.4%

$785,000

$265

3.5%

297

5.3%

46

15.5%

Vacaville

$496,874

2.5%

$469,000

3.1%

$1,800,000

$277

1.5%

1219

1.3%

52

11.4%

Vallejo

$439,345

0.5%

$424,500

1.1%

$1,074,976

$294

1.8%

1028

-6.1%

54

20.9%

Winters

$631,945

-40.7%

$662,499

-26.4%

$875,000

$333

-33.4%

11

10.0%

112

51.6%

Solano Co.

$481,578

-0.3%

$450,000

1.1%

$2,100,000

$278

1.4%

4469

-2.0%

56

16.8%

C ON D O S Average Sale Price Solano Co.

$304,562

0.3%

Median Sale Price $275,000

-5.2%

High Sale $695,000

Avg Price/SF $271

1.7%

# of Sales 383

-5.4%

DOM 50

24.9%

For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS.

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

2020 Market Report, 2019 Data | 39

SONOMA COUNTY 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

$650,000

$525K $350K $175K

Q

Q 4

20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

$0K

5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1400

2014

2015

1320

1129

1050 794

700

1397

2016

1285

1197

2017

1350 1107

880

1298

1363

2018

2019

1213 1232

1202

1051 842

1231 1276 1048

894 725

350

Q 4

20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19

0

40 | 2020 Market Report, 2019 Data

S ONOM A C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Annapolis Asti Bodega Bodega Bay Boyes Hot Springs

2019

±%

$610,000

Median Sale Price 2019

*

High Sale

±%

$610,000

2019 *

Avg Price/SF 2019

$610,000

$452

# of Sales

±%

2019 *

DOM

±% 1

2019 *

±%

194

*

$705,420

*

$705,420

*

$705,420

$445

*

1

*

20

*

$1,300,000

-52.9%

$1,300,000

-52.9%

$1,300,000

$467

-47.0%

1

-50.0%

621

-2.3%

$983,073

-5.3%

$940,000

-3.8%

$1,700,000

$550

5.8%

51

-13.6%

95

-6.4%

†

†

†

†

†

†

†

†

†

†

†

Camp Meeker

$348,750

-23.2%

$365,000

-14.6%

$425,000

$409

10.6%

4

-50.0%

86

6.1%

Cazadero

$738,512

44.7%

$483,000

-4.1%

$4,900,000

$514

4.0%

20

-16.7%

145

117.7%

Cloverdale

$587,404

-9.8%

$560,000

-2.9%

$1,965,000

$348

-4.0%

124

-8.8%

93

35.4%

Cotati

$642,917

-4.2%

$605,000

-3.7%

$1,250,000

$411

-4.2%

67

-27.2%

64

77.1%

$425,000

-15.4%

$425,000

-15.4%

$425,000

$316

-55.8%

1

-50.0%

28

-29.1%

Duncans Mills El Verano Forestville Fort Ross

† $571,375 †

†

†

-6.2% †

$507,500 †

†

†

-5.5% †

$1,700,000 †

† $419 †

†

†

-10.3% †

66

†

†

-30.5%

†

†

78

† 30.0%

†

†

Freestone

$872,000

*

$872,000

*

$872,000

$525

*

1

*

16

*

Fulton

$958,250

66.7%

$743,000

29.2%

$1,740,000

$557

40.5%

4

100.0%

39

9.9%

Geyserville

$1,721,054

-2.0%

$875,000

-35.9%

$6,750,000

$790

14.1%

13

-27.8%

151

19.6%

Glen Ellen

$1,099,370

-28.2%

$1,029,500

-2.0%

$2,345,000

$678

-7.0%

25

-24.2%

88

-30.8%

$686,667

-2.6%

$730,000

6.6%

$845,000

$515

12.0%

9

0.0%

73

4.8%

Graton Guerneville

$496,162

-3.6%

$460,500

-2.0%

$1,260,000

$424

-5.1%

122

8.0%

69

7.6%

Healdsburg

$1,227,600

-3.2%

$837,500

-7.5%

$6,725,000

$621

-4.1%

182

-6.2%

106

22.7%

Jenner Kenwood Monte Rio

$603,786

-22.9%

$510,000

-36.6%

$1,072,500

$516

6.1%

7

-41.7%

166

-5.4%

$1,767,375

3.1%

$1,117,500

-18.4%

$5,120,000

$595

-11.9%

12

-20.0%

168

83.3%

$561,109

-3.5%

$480,000

-9.0%

$1,460,000

$452

-4.7%

25

-21.9%

53

12.0%

Occidental

$1,281,640

0.3%

$1,028,500

7.7%

$4,000,000

$562

-3.6%

20

42.9%

120

-19.2%

Penngrove

$1,041,805

2.3%

$1,034,500

5.6%

$2,035,000

$514

-3.8%

38

-2.6%

69

-0.6%

Petaluma

$813,656

-6.0%

$730,000

-2.7%

$2,900,000

$453

-5.4%

572

10.2%

50

10.3%

Rio Nido

$264,473

*

$264,473

*

$331,946

$351

*

2

*

35

*

Rohnert Park

$600,761

0.0%

$590,500

-1.1%

$860,000

$355

-3.9%

268

5.9%

54

28.9%

Santa Rosa

$705,081

-5.2%

$607,000

-2.9%

$8,650,000

$403

-2.9%

1709

-2.5%

67

26.3%

Sebastopol

$1,008,818

-3.3%

$870,000

0.6%

$3,550,000

$553

1.1%

223

3.7%

66

-6.8%

Sonoma

$1,158,279

-1.7%

$808,000

-4.6%

$14,000,000

$591

-2.0%

337

-10.8%

72

12.3%

$917,540

-5.8%

$790,000

-7.1%

$2,325,000

$542

3.2%

77

-11.5%

100

-20.4%

$1,032,450

103.0%

$658,350

33.0%

$2,552,000

$494

18.2%

6

100.0%

214

24.5%

The Sea Ranch Timber Cove Valley Ford Villa Grande

† $406,000

†

†

†

†

*

$406,000

*

$406,000

†

†

$423

† *

†

1

† *

†

27

*

Windsor

$698,516

-3.0%

$656,000

-0.6%

$2,345,000

$387

-2.6%

292

4.3%

59

26.8%

Sonoma Co.

$794,394

-4.8%

$653,900

-2.4%

$14,000,000

$447

-3.3%

4281

-2.5%

69

16.0%

C ON D O S Average Sale Price Sonoma Co.

$393,992

-7.5%

Median Sale Price $365,000

-8.7%

High Sale $949,000

Avg Price/SF $345

-3.8%

# of Sales 539

-8.6%

DOM 68

36.2%

For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS. *No sales recorded for 2018. †No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.

2020 Market Report, 2019 Data | 41

SELECTION OF SIGNIFIC A NT

LISTING SA LES 2019

A LAMO

$3,925,000

B E LV E D E R E

$5,200,000

B E LV E D E R E

$5,925,000

BER K ELEY

$3,625,000

DA N V ILLE

$3,525,000

DI A BLO

$6,400,000

42 | 2020 Market Report, 2019 Data

SELECTION OF SIGNIFIC A NT

LISTING SA LES 2019

KENTFIELD

$7,350,000

KENTFIELD

L O S A LT O S

$7,200,000

N A PA

$4,100,000

OA K L A ND

$3,100,000

PA L O A LT O

$9,450,000

$10,500,000

2020 Market Report, 2019 Data | 43

SELECTION OF SIGNIFIC A NT

LISTING SA LES 2019

PA L O A LT O

SAINT HELENA

SAN FR ANCISCO 44 | 2020 Market Report, 2019 Data

ROSS

$4,850,000

$4,119,000

SAN FR ANCISCO

$6,650,000

$4,250,000

SAN FR ANCISCO

$4,700,000

$8,700,000

SELECTION OF SIGNIFIC A NT

LISTING SA LES 2019

SA NTA CRUZ

$23,750,000

S A N R A FA E L

$3,900,000

$8,500,000

STINSON BE ACH

$5,650,000

TIBURON

TIBURON

$7,400,000

WOODSIDE

$22,000,000

2020 Market Report, 2019 Data | 45

V I S I T U S AT

GOLDENGATESIR.COM EAST BAY OFFICES Berkeley Office

Oakland-Piedmont-Montclair

Danville Office

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925.283.7866

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NORTH BAY OFFICES Belvedere - Tiburon Office

Novato Office

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415.435.0700

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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 Office

Los Altos Office

Palo Alto Office

650.847.1141

650.941.4300

650.644.3474

Redwood City

Woodside Office

San Carlos

650.577.3700

650.851.6600

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408.358.2800

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Copyright ©2020 Golden Gate Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Franchise Is Independently Owned And Operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully.

46 | 2020 Market Report, 2019 Data