Stinson Beach Market Report 2019

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STINSON BEACH

MARKET REPORT 2019

PRESENTED BY THE SHERFEY GROUP

In total, twenty properties sold in Stinson Beach in 2019. Thirteen of those properties were represented by The Sherfey Group, making us #1 in sales volume and units sold for the year.

It was another record-setting year for real estate in Stinson Beach. The average sales price was $2,500,000, an increase of 5.4% over 2018. The average price per square foot also increased, by 16% to $1,712/sq ft.

Interestingly, the number of days properties were on the market was also up; with an average of 84 days for a property to sell, a 30% increase over 2018. While this could be a sign of a cooling market, all other indicators are that property values remain strong and buyers are hungry.

Of the twenty properties sold, six were on the Seadrift Lagoon, with prices ranging from $4,000,000 to $2,297,500. While the average sales price on the Lagoon was down from 2018, the price per square foot was up 6.7%.

2019 also saw an influx of oceanfront sales with four; three of which were on the Patios/Calles. The average sales price of those three was $4,133,333. There was also one oceanfront sale in Seadrift at $6,100,000.

There were just three property sales in the Hill/Panoramic neighborhoods, compared to seven in 2018. While inventory was low in these neighborhoods, we saw an increase in the interest from buyers looking in Stinson.

With our consistent market-leading sales, The Sherfey Group are the West Marin specialists within Golden Gate Sotheby’s. With 25 offices and 550 agents in the region, we are proud to be a part of the #1 brokerage in the Bay Area.

As you 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

SET IN NATURE B O L I N A S L

THE SHERFEY GROUP

#1 IN SALES VOLUME AND UNITS SOLD IN STINSON BEACH IN 2019

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

SEADRIFT LAGOON

The Seadrift Lagoon is consistently the most sought after location for real estate in Stinson Beach. The coveted gated community, access to the inner lagoon and ample recreation is perfect for children and adults alike.

SEADRIFT LAGOON

2019 KEY STATS

$4,000,000 highest sale

6 total units sold

176 total unit inventory

AVERAGE SALE PRICE

6.7% increase in average price per sq ft

$3,450,667 avg list price

$3,349,583 avg sale price

1,965 avg sq ft $1,710 avg price sq ft

74 avg days on mkt

PATIOS / CALLES

PATIOS / CALLES

2019 KEY STATS

The Patios and Calles offer the best of Stinson with easy access to the beach or a short walk to town. You can park your car and truly not need it for the rest of the weekend. Each street with its unique charm and character, the Patios and Calles continue to grow in demand and value.

AVERAGE SALE PRICE

42% increase in days on market

$1,800,000 highest sale

3 total units sold

151 total unit inventory

$1,116,000 avg list price

$1,048,000 avg sale price

* avg sq ft

* avg price sq ft

66 avg days on mkt

2 of the 3 sales were TIC’s and did not report the square footage

PATIOS / CALLES OCEANFRONT

There is nothing quite like being right on the beach. The views and access are unparalleled, and when you are on the Patios and Calles you are still within walking distance to the grocery store.

$5,650,000 highest sale

35% increase in price per sq ft since 2017

3 total units sold 38 total unit inventory $4,329,667 avg list price $4,133,333 avg sale price 1,567 avg sq ft $2,614 avg price sq ft 36 avg days on mkt

PATIOS/CALLES OCEANFRONT 2019 KEY STATS
AVERAGE SALE PRICE

VILLAGE

VILLAGE

2019 KEY STATS

$1,200,000 highest sale

Nestled into the heart of the town, you are truly steps from hiking trails, restaurants and the beach! There are just a few residential properties within the Village and they are truly coveted.

AVERAGE SALE PRICE

57% increase in days on market since 2017

3 total units sold

31 total unit inventory

$856,667 avg list price

$766,666 avg sale price

1,054 avg sq ft

$727 avg price sq ft

115 avg days on mkt

HILL / PANORAMIC

The Hill and Panoramic neighborhoods are the best kept secret in Stinson. With access to Mt. Tam 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

HILL/PANORAMIC

2019 KEY STATS

$2,560,000 highest sale

3 total units sold

159 total unit inventory

$1,648,000 avg list price

1,553,333 avg sale price

1,038 avg sq ft

$1,477 avg price sq ft

30% increase in average price per sq ft

72 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 $700,000 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 $791,500 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 2000-2019
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 4 4 0 2 4 4 2 6 2 4 3 0 1 $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 $5,258,333 - $6,100,000 6 6 0 2 2 3 12 6 5 7 3 6 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 $3,349,583 1 0 0 1 2 0 1 0 3 3 1 0 0 $700,000 - - $775,000 $1,110,000 - $820,000 - $1,183,333 $1,150,000 $1,275,000 -0 0 1 0 1 0 1 0 0 0 2 0 0 $2,812,500 - - $1,900,000 - $2,250,000 - $3,300,000 - - - $3,800,000 -3 0 0 0 1 0 3 1 2 1 1 0 3 $1,926,666 - - - $2,000,000 - $1,649,258 $2,575,000 $4,600,000 $4,022,500 $2,600,000 - $4,133,333 5 1 0 6 0 6 4 2 3 1 5 6 3 $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 $1,048,000 3 2 2 1 0 12 10 7 7 10 4 7 3 $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 $1,553,333 0 2 0 1 1 2 1 0 0 2 1 0 3 $1,300,000 - $382,500 $1,704,675 $330,000 $310,000 $525,000 $265,000 - - $952,500 $975,000 - $766,666 22 15 3 13 11 27 34 22 22 30 20 19 19 *one seadrift non-waterfront sale in 2019

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.

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