STINSON BEACH
MARKET REPORT 2018
PRESENTED BY THE SHERFEY GROUP
We are very happy to present our annual Sherfey Group Market Report for Stinson Beach real estate. Overall, 2018 trended very similarly to 2017 with 21 property sales. Of the 21 properties sold, four were sold off-market and, notably, the Sherfey Group represented parties in all four transactions.
2018 was the first year since 2009 that not a single oceanfront property sold. While the average price per square foot throughout Stinson Beach was down 11%, the price per square foot of real property in Seadrift increased 45%. Two Seadrift lagoon property sales exceeded $4 million each, and the highest sale price outside of Seadrift was $3.495 million.
In 2018, we saw an increase in the number of properties sold in the Calles and Patios. The average sale price on the Calles/Patios went up 15% in 2018 to $1,716,500 which is $1,655/square foot. In the Hill/Panoramic neighborhoods, the average sale price softened 23% to $1,994,786 which is $1,029/square foot. Despite the fluctuating inventory the buying market remains strong and property in Stinson Beach in demand.
As a team, the Sherfey Group is continually expanding its network through Sotheby’s International Realty, the premier global brokerage. With 20 offices and 425 agents in the Bay Area, we are the West Marin specialists. We couldn’t be happier to belong to the #1 brokerage in the Bay Area and grateful for the high-quality service it allows us to deliver to our clients.
We are also very happy to announce our services in the Petaluma area. If you find yourself considering real estate needs in Southern Sonoma County, please know the we are here to help.
Stinson Beach continues to be a sought-after destination for the greater Bay Area, and we are proud to call it home. The natural beauty allows everyone to escape their busy lives, gain inspiration and appreciate the simple life. We feel incredibly lucky to live and work in this beautiful coastal community unlike anywhere else. As you and your family consider your real estate needs in Stinson Beach, we hope you will consider us.
We’re local agents, in a local office, with a global reach.
THE SHERFEY GROUP
Golden Gate Sotheby’s International Realty
3605 Shoreline Hwy. Stinson Beach, California Office 415.868.0288 | Cell 415.203.2648
www.thesherfeygroup.com
COASTAL RETREAT B O L I N A S L
THE SHERFEY GROUP
S E A D R I F T O C E A N F R O N T P A T I O S / C A L L ES V I L L A G E H I L L S E A D R I F T I N N E R L A G O O N D I P S E A I N N E R L A G O O N S L A G O O N PANORAMIC
Barbara Sherfey Mitchell Sara Sherfey Gemma
HILL / PANORAMIC
HILL/PANORAMIC
2018 KEY STATS
$3,695,000 highest sale
The Hill / Panoramic neighborhood is the best kept secret in Stinson. With access to hiking trails from your backyard, stunning ocean views and quiet streets, the hill has become a hot spot for those seeking a peaceful retreat on the mountain.
AVERAGE SALE PRICE
175% increase in total homes sold
7 total units sold
159 total unit inventory $2,005,714 avg list price $1,994,786 avg sale price
2,360 avg sq ft $1,029 avg price sq ft 107 avg days on mkt
NEIGHBORHOOD 2000 2001 2002 2003 2004 2005 2006 Seadrift Oceanfront No. Sold 2 0 1 3 5 6 5 Seadrift Oceanfront Ave Sale Price $3,350,500 - $2,500,000 $3,083,333 $4,205,000 $3,920,833 $4,010,000 $3,737,500 Seadrift Inner Lagoon No. Sold 4 1 5 8 5 11 6 Seadrift Inner Lagoon Avg. Sale Price $1,186,250 $1,422,500 $1,428,400 $1,200,000 $1,379,400 $1,620,455 $1,972,500 $2,061,167 Seadrift Inner Lagoon LOT No. Sold 2 0 5 1 0 0 2 Seadrift Inner Lagoon LOT Avg. Sale Price $512,000 - $664,400 $725,000 - - $887,500 Seadrift Bolinas Lagoon No. Sold 0 0 0 0 3 0 1 Seadrift Bolinas Lagoon Avg. Sale Price - - - - $2,865,000 - $2,812,500 Patios / Calles Oceanfront No. Sold 1 0 0 1 1 1 0 Patios / Calles Oceanfront Avg. Sale Price $2,600,000 - - $950,000 $2,037,500 $3,225,000 - $1,926,666 Patios / Calles Non-Oceanfront No. Sold 1 1 4 4 2 8 7 Patios / Calles Non-Oceanfront Avg. Sale Price $1,295,000 $1,350,000 $673,000 $815,500 $810,000 $1,021,983 $902,536 $1,104,600 Hill/ Panoramic No. Sold 5 3 1 5 4 2 5 Hill/ Panoramic Avg. Sale Price $1,056,010 $818,333 $550,000 $1,171,200 $1,106,500 $1,540,000 $1,147,000 Village No. Sold 0 2 0 1 1 0 1 Village Avg. Sale Price - $1,367,500 - $915,000 $875,000 - $1,300,000 Total Properties Sold 15 7 16 23 21 28 27 STINSON BEACH SALES 2000-2018
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 4 4 0 2 4 4 2 6 2 4 3 0 $4,010,000 $3,737,500 $5,164,125 - $3,527,500 $3,962,500 $4,550,000 $3,700,000 $5,056,000 $6,333,750 $6,154,500 $5,258,3336 6 0 2 2 3 12 6 5 7 3 6 $1,972,500 $2,061,167 $2,225,667 - $2,262,500 $1,620,000 $1,508,333 $1,820,027 $2,228,438 $2,244,550 $2,855,714 $2,425,000 $3,535,416 1 0 0 1 2 0 1 0 3 3 1 0 $700,000 - - $775,000 $1,110,000 - $820,000 - $1,183,333 $1,150,000 $1,275,0000 0 1 0 1 0 1 0 0 0 2 0 $2,812,500 - - $1,900,000 - $2,250,000 - $3,300,000 - - - $3,800,0003 0 0 0 1 0 3 1 2 1 1 0 $1,926,666 - - - $2,000,000 - $1,649,258 $2,575,000 $4,600,000 $4,022,500 $2,600,0005 1 0 6 0 6 4 2 3 1 5 6 $1,104,600 $1,505,000 - $637,500 - $866,854 $1,036,563 $630,000 $1,633,333 $1,590,300 $1,488,400 $1,716,500 3 2 2 1 0 12 10 7 7 10 4 7 $1,147,000 $791,500 $1,697,500 $1,704,675 $1,050,000 - $1,142,333 $1,428,480 $1,292,714 $1,674,856 $1,551,275 $2,600,000 $1,994,786 0 2 0 1 1 2 1 0 0 2 1 0 $1,300,000 - $382,500 $1,704,675 $330,000 $310,000 $525,000 $265,000 - - $952,500 $975,00022 15 3 13 11 27 34 22 22 30 20 19 *1 Seadrift oceanfront lot sold in 2015 for $3.51M, 2 Seadrift oceanfront lots sold in 2016, avg sale price was $2.95M
THE SHERFEY GROUP
GOLDEN GATE SOTHEBY’S INTERNATIONAL REALTY
3605 SHORELINE HIGHWAY, PO BOX 66
STINSON BEACH, CALIFORNIA 94970 UNITED STATES
OFFICE +1 415.868.9200
THESHERFEYGROUP.COM
SOTHEBY’S INTERNATIONAL REALTY IS A REGISTERED TRADEMARK LICENSED TO SOTHEBY’S INTERNATIONAL REALTY AFFILIATES LLC. EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED. COVER PHOTO BY CLINT GRAVES.
