Stinson Beach Market Report 2020 by thesherfeygroup

STINSON BEACH MARKET REPORT 2020

PRESENTED BY THE SHERFEY GROUP

Despite all the chaos in the world, 2020 was a record setting year for Stinson Beach real estate. The volume of property sales increased by 30% over 2019. The average sale price increased by 32% over 2019 and the average price per square foot increased by 25%. And due to the demand, the average number of days a property was listed decreased by 8%.

In 2020, four oceanfront properties sold in Seadrift compared to one in 2019 and none in 2018. This last year eight lagoon properties sold in Seadrift compared to six in 2019 and six in 2018. It was also a big year for non-oceanfront properties along the Calles/Patios, with a total of seven sales and an average sales price that increased by 156%! Lastly, the Hill neighborhood was active as well with seven sales and an average sale price that increased by 31%.

One date point that really stood out to us, was the large number of properties that sold in less than two weeks. Of the thirty properties that sold in Stinson Beach in 2020, seven of them sold in less than fourteen days! In addition, eight properties were sold off-market, which we attribute to the strong demand and competitive buyer class.

Time and time again, we heard from buyers and their agents that the pandemic refocused their interest in second home properties closer to home. It is no surprise to us that in such a trying time, many found sanctuary in our special coastal community.

As we turn the page to 2021, we thank you for your business and look forward to what this next year brings. We are 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

415.203.2648 | 415.302.9408

www.thesherfeygroup.com

B O L I N A S

THE SHERFEY GROUP

Barbara Sherfey Mitchell

#1 IN SALES VOLUME AND UNITS SOLD IN STINSON BEACH IN 2020

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 L A G O O N PANORAMIC

Sara Sherfey Gemma

SEADRFIT OCEANFRONT

116 SEADRIFT ROAD - SOLD BY THE SHERFEY GROUP

There is nothing like an oceanfront property. With just 120 Seadrift Oceanfront properties, this location has always been and will always be exclusive.

AVERAGE SALE PRICE

SEADRIFT OCEANFRONT 2020 KEY STATS

$8,000,000 highest sale

4 total units sold 120 total unit inventory

$7,462,500 avg list price

$7,437,500 avg sale price

1,944 avg sq ft

$3,921 avg price sq ft

18.9% increase in average price per square foot

16 avg days on mkt

SEADRIFT LAGOON 173 SEADRIFT ROAD - SOLD BY THE SHERFEY GROUP

SEADRIFT LAGOON 2020 KEY STATS

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.

AVERAGE SALE PRICE

5.5% increase in average sale price

$5,400,000 highest sale

8 total units sold 176 total unit inventory

$3,649,375 avg list price

$3,545,000 avg sale price

1,928 avg sq ft

$1,836 avg price sq ft

16 avg days on mkt

PATIOS / CALLES OCEANFRONT 9 ALAMEDA PATIO - SOLD BY THE SHERFEY GROUP

PATIOS / CALLES OCEANFRONT

2020 KEY STATS

The best of both worlds; direct access to the beach and town. The views and location are unparalleled, and when you are on the Patios and Calles you are just a short walk to the village.

AVERAGE SALE PRICE

2.2% decrease in the average days on market

$4,180,000 highest sale

3 total units sold 38 total unit inventory

$3,626,667 avg list price

$3,726,666 avg sale price

1,989 avg sq ft $1,875 avg price sq ft 35 avg days on mkt

PATIOS / CALLES 10 CALLE DEL PINOS - SOLD BY THE SHERFEY GROUP

Each street with its unique charm and character, the Patios and Calles continue to grow in demand and value. You can park your car and not need it for the rest of the weekend.

PATIOS / CALLES 2020 KEY STATS

$3,650,000 highest sale

7 total units sold

151 total unit inventory

AVERAGE SALE PRICE

34% decrease in the average days on market

$2,755,714 avg list price

$2,688,071 avg sale price

1,667 avg sq ft

$1,693 avg price sq ft

49 avg days on mkt

HILL / PANORAMIC 275 BELVEDERE AVENUE - SOLD BY THE SHERFEY GROUP

HILL / PANORAMIC 2020 KEY STATS

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

23.6% increase in the average sale price

$4,750,000 highest sale

7 total units sold 159 total unit inventory

$2,092,714 avg list price $2,035,142 avg sale price

1,596 avg sq ft $1,098 avg price sq ft 150 avg days on mkt

NEIGHBORHOOD 2000 2001 2002 2003 2004 2005 2006 2007 Seadrift Oceanfront No. Sold 2 0 1 3 5 6 5 4 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 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 1 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 0 Seadrift Bolinas Lagoon Avg. Sale Price - - - - $2,865,000 - $2,812,500Patios / Calles Oceanfront No. Sold 1 0 0 1 1 1 0 3 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 5 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 3 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 0 Village Avg. Sale Price - $1,367,500 - $915,000 $875,000 - $1,300,000Total Properties Sold 15 7 16 23 21 28 27 22

BEACH SALES 2000-2020

STINSON

*one seadrift non-waterfront sale in 2019 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 4 0 2 4 4 2 6 2 4 3 0 1 4 $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 $7,437,500 6 0 2 2 3 12 6 5 7 3 6 6 8 $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 $3,545,000 0 0 1 2 0 1 0 3 3 1 0 0 0 - - $775,000 $1,110,000 - $820,000 - $1,183,333 $1,150,000 $1,275,000 - -0 1 0 1 0 1 0 0 0 2 0 0 0 - $1,900,000 - $2,250,000 - $3,300,000 - - - $3,800,000 - -0 0 0 1 0 3 1 2 1 1 0 3 3 - - - $2,000,000 - $1,649,258 $2,575,000 $4,600,000 $4,022,500 $2,600,000 - $4,133,333 $3,726,666 1 0 6 0 6 4 2 3 1 5 6 3 7 $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 $2,688,071 2 2 1 0 12 10 7 7 10 4 7 3 7 $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 $2,035,142 2 0 1 1 2 1 0 0 2 1 0 3 1 $382,500 $1,704,675 $330,000 $310,000 $525,000 $265,000 - - $952,500 $975,000 - $766,666 $570,000 15 3 13 11 27 34 22 22 30 20 19 19 30

THE SHERFEY GROUP

GOLDEN GATE SOTHEBY’S INTERNATIONAL REALTY

3605 SHORELINE HIGHWAY, PO BOX 66

STINSON BEACH, CALIFORNIA 94970 UNITED STATES

415.203.2648 | 415.302.9408

THESHERFEYGROUP.COM

*DATA SOURCED FROM BAREIS MLS. SOTHEBY’S INTERNATIONAL REALTY IS A REGISTERED TRADEMARK LICENSED TO SOTHEBY’S INTERNATIONAL REALTY AFFILIATES LLC. EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED.

ALL PHOTOS BY MATT MCCOURTNEY