STINSON BEACH
MARKET REPORT 2022
PRESENTED BY THE SHERFEY GROUP
The 2022 macro headlines of surging inflation, rising interest rates and a cooling economy rippled through our micro yet robust real estate market here in Stinson Beach. After two years of skyrocketing prices, last year showed signs of steadying. In fact, only 16 properties sold within Stinson Beach. This is compared to the previous 10 years where the average volume was closer to 24 properties sold per year. The average sales price in 2022 also held within 1% of the prior year.
Despite this steadying, the increase in Stinson Beach home pricing, postpandemic compared to pre-pandemic, is nothing short of eye-popping! In 2022, the average sales price was up 73.6% from 3 years ago. In 2019, the average sales price was $2,531,325 and in 2022 the average sales price was $4,396,769.
The coveted Seadrift neighborhood continues to raise the bar for real estate in West Marin. Oceanfront sale prices increased 8% in the last year and have increased 123% since 2019. Seadrift Lagoon sale prices increased by 55% since 2019 from an average of $3,300,000 to an average of $5,200,000. Seadrift Lagoon vacant lot sale prices have also increased drastically, up 135% on average since 2019, with the highest lot sale at $3,250,000.
The Patios/Calles neighborhood saw sale pricing remain about the same as the year prior, but that pricing is double what it was in 2019 from an average of $1,048,000 to an average of $2,623,333. The Hill/Panoramic neighborhoods also saw sale pricing remain similar to last year but still a 105% increase over 2019 sales prices from an average of $1,553,333 to an average of $3,187,600.
Despite the macro headlines, Stinson Beach remains one of the most sought after real estate markets in all of Northern California. Strong buyers remain in the market and given the limited housing stock; sellers are particularly advantaged. If you would like a complimentary consultation of your real estate options, please reach out to us to set up an appointment. As a team, we value trust and discretion and we look forward to serving you.
We’re locally rooted, globally connected, and leading in our industry.
THE SHERFEY GROUP
Golden Gate Sotheby’s International Realty
3605 Shoreline Hwy, Stinson Beach, California 415.203.2648 | 415.302.9408
sherfeygroup@ggsir.com
www.thesherfeygroup.com
Barbara Sherfey Mitchell Sara Sherfey Gemma
#1 in Sales Volume and Units Sold in Stinson Beach in 2022
STINSON BEACH
Stinson Beach includes over three miles of soft sand, endless parks, the famous Dipsea Trail, a charming town market, and a great selection of restaurants and shops. For many, Stinson provides peace and freedom from daily life. Just 10 miles from Mill Valley and 23 miles from San Francisco, your getaway is not far away.
S E A D R I F T O C E A N F R O S E A D R I F T I N N E R L A D I P S E A I N N E R L A B O L I N A S L A G O O N
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 L A G O O N L A G O O N P A N O R A M I C
SEADRIFT OCEANFRONT 230 Seadrift Road – Sold by The Sherfey Group
There is nothing quite like an oceanfront property. With just 120 Seadrift Oceanfront properties in total, this location has always been and will always be exclusive.
AVERAGE SALE PRICE
SEADRIFT OCEANFRONT 2022 KEY STATS
$14,250,000 highest sale
2 total units sold
120 total unit inventory
$13,475,000 avg list price
$13,625,000 avg sale price
2,137 avg sq ft
$6.393 avg price sq ft
12 avg days on mkt
SEADRIFT LAGOON
59
Dipsea Road – Sold by The Sherfey Group
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
SEADRIFT LAGOON 2022 KEY STATS
$6,900,000 highest sale
3 total units sold
176 total unit inventory
$5,400,000 avg list price
$5,200,000 avg sale price
2,106 avg sq ft
$2,493 avg price sq ft
14 avg days on mkt
SEADRIFT LAGOON LOTS 229 Seadrift Road – Sold by The Sherfey Group
With just 15 vacant lots remaining on the inner lagoon of Seadrift, the demand far outweighs the supply. In 2022 two lagoon lots sold, which were the first sales in 5 years.
AVERAGE SALE PRICE
SEADRIFT LAGOON LOTS 2022 KEY STATS
$3,250,000 highest sale
2 total units sold
29 total unit inventory
$2,995,500 avg list price
$2,995,500 avg sale price
7,500 avg sq ft
34 avg days on mkt
PATIOS / CALLES 15 Calle del Ribera – Sold by The Sherfey Group
Each 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 your stay.
AVERAGE SALE PRICE
PATIOS / CALLES 2022 KEY STATS
$3,560,000 highest sale
3 total units sold
151 total unit inventory
$2,606,667 avg list price
$2,623,333 avg sale price
1,213 avg sq ft
$2,215 avg price sq ft
12 avg days on mkt
HILL
/ PANORAMIC
7220 Panoramic Hwy – Sold by The Sherfey Group
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 2022 KEY STATS
$4,750,000 highest sale
5 total units sold
159 total unit inventory
$3,338,000 avg list price
$3,187,600 avg sale price
2,089 avg sq ft
$1,653 avg price sq ft
38 avg days on mkt
Pandemic Growth 2019-2022
+48% Average Price / SqFt
+66% Average List Price
+69% Average Days on Market
+77% Average Sale Price
STINSON BEACH
SALES 2000-2022
3605 SHORELINE HIGHWAY, PO BOX 66 STINSON BEACH, CALIFORNIA 94970 415.203.2648 | 415.302.9408 VISIT 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
