2021 Market Report Presented by The Sarkissian Bullock Team

Page 1

2021 MARKET REPORT

BELVEDERE • TIBURON • ROSS • KENTFIELD

PRESENTED BY THE

SARKIS SIAN B U LLOCK TE AM


I

n 40 years of high-production,

Specific Stats for Belvedere and Tiburon:

Specific Stats for Ross and Kentfield:

residential real estate sales in Marin

• Most sales for Belvedere in any year, ever.

County, I’ve never seen a year like

• The 2 Belvedere homes sold in 2021 at

• Ross, at ASP of $6,162,154 – highest in Marin County – is 41% higher than the

2021. 2,777 single family home sales

$20 MM or more were both represented

previous record set for Ross in 2019

and over $6 Billion in total sales

by the Sarkissian Bullock Team.

– and 45% higher than last year’s ASP.

volume – both all-time record highs for Marin County. And the record for number

• Belvedere’s 10-year increase in Average

• Ross’ 10-year ASP at 170%.

Sale Price (“ASP”) is right at 100%.

• Ross’ two $20 MM sales, tied with

of home sales at $10 Million and above, set

• Belvedere, at over $6 MM ASP for 2021,

in 2015 at 7 sales, was absolutely shattered

is still just slightly under the Belvedere

• Kentfield’s 10-year ASP at 67%, and not

in 2021 – with 22 home sales at $10 Million+.

record ASP set in 2015 – skewed by the

unlike Tiburon, a curious decline of 1%

And a new record for home sales at $20

5 sales that year over $10 MM (4 of

in ASP from last year.

Million and above was also established at 5

which Lydia and I represented).

sales in 2021. Lydia, Magda and I were represented in 3 of those 5 sales [no other agent(s) in Marin County history have ever

Please contact us for valuation and

• Tiburon at 98% ASP increase in the

marketing perspectives, and for the best

past 10 years.

advice and assistance you’ll find in this

• A n interesting Tiburon fact: Only 2

sold 3 homes at $20 Million+ in the same

homes have ever sold in Tiburon at $20

calendar year]. So, a personal record for us

Million or more (and the Sarkissian

as well – along with over $210 Million in

Bullock Team was represented in both).

market place. Bill, Lydia and Magda (415) 517-7720 www.globalestates.com

closed escrows in 2021 – also an all-time high for the Sarkissian Bullock Team. A

Belvedere at 2 each, most in Marin in 2021.

Distribution of Marin County Sales at $10 Million or More

sincere thank you to each and all of you who contributed to the huge 2021 success

$10 MM to $14,999,999

$15 MM to $19,999,999

$20 MM +

Totals

-

2

6

of the Sarkissian Bullock Team and Golden

Belvedere

4

Gate Sotheby’s International Realty. Below

Tiburon

1

-

1

2

Ross

1

2

2

5

Kentfield

1

1

-

2

Mill Valley

5

1

-

6

are a few highlighted stats from the 2021 market period. Highest Marin County Sale Price in 2021: Ross, at $28,100,000

Stinson Beach

1

-

-

1

Totals

13

4

5

22


HIGHEST SALE PRICE IN BELVEDERE SINCE 2015

SOLD $2 2 ,500,000


BELVEDERE LAGOON

WEST SHORE

CORINTHIAN

BEACH ROAD WATERFRONT

Total Homes Sold

13

1

4

4

Avg Listing Price

$5,730,308

$6,300,000

$9,123,750

$6,229,250

Avg Sale Price

$6,035,096

$6,150,000

$7,181,250

$6,049,000

Avg Sqft

2,805

2,279

2,701

2,891

Avg $/Sqft

$2,149

$2,699

$2,384

$2,062

Highest Sale

$11,750,000

$6,150,000

$20,000,000

$10,995,000

Lowest Sale

$3,500,000

$6,150,000

$1,925,000

$2,850,000

Median Sale

$4,750,000

$6,150,000

$3,400,000

$5,175,000

Average Sale Price 2012-2021

2012

2013

2014

2015

2016

2017

Belvedere No. Sold

35

31

41

38

30

30

Belvedere Avg Sale Price

$3,037,176

$3,560,581

$3,329,682

$6,089,566

$3,541,350

$4,347,667

SOLD

BELVEDERE

REPRESENTED BUYERS/SELLERS $22,500,000 HIGH EST SALE IN B ELVEDERE SINCE 2015 4

2021 MARKET REPORT

SOLD

BELVEDERE

REPRESENTED SELLERS $20,000,000


2021 BELVEDERE MARKET SUMMARY

EAST SIDE ISLAND

WEST-SIDE WATERFRONT

WEST-SIDE ISLAND

ALL BELVEDERE

13

1

11

47

$4,228,154

$9,995,000

$9,135,727

$6,545,957

$3,872,191

$9,000,000

$8,043,889

$6,071,245

3,213

11,096

4,221

3,413

$1,249

$811

$1,802

$1,888

$7,050,000

$9,000,000

$21,000,000

$21,000,000

$2,295,005

$9,000,000

$2,625,000

$1,925,000

$3,517,000

$9,000,000

$7,600,000

$4,600,000

2018

2019

2020

2021

44

40

45

47

$3,744,460

$3,856,078

$4,962,042

$6,071,245

SOLD OFF-MARKET

100% increase in average sale price since 2012

22% increase in average sale price since 2020

BELVEDERE AVERAGE SALE PRICEBELVEDERE 2012-2021 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000

Source: The Marin County MLS - Single Family Homes

2021

2020

2019

2018

2017

2016

2015

2014

2013

REPRESENTED BUYERS $10,000,000

$0

2012

BELVEDERE

G LO B A L E S TAT E S .C O M

SAUSALITO

5


TIBURON VIA LOS ALTOS

BELVERON

Total Homes Sold

3

2

10

22

6

6

3

Avg Listing Price

$4,700,667

$4,072,500

$2,556,570

$2,783,818

$1,648,500

$5,274,000

$7,325,667

Avg Sale Price

$4,408,333

$4,325,011

$2,775,900

$3,055,182

$1,988,167

$5,405,275

$7,192,333

Avg Sqft

5,119

5,057

1,957

2,567

1,333

3,966

5,837

Avg $/Sqft

$868

$866

$1,439

$1,210

$1,531

$1,350

$1,276

Highest Sale

$4,725,000

$4,600,022

$3,430,000

$6,250,000

$2,830,000

$8,000,000

$8,100,000

Lowest Sale

$3,800,000

$4,050,000

$1,785,000

$1,470,000

$1,460,000

$3,350,000

$5,477,000

Median Sale

$4,700,000

$4,325,011

$3,005,000

$2,922,500

$1,878,500

$5,239,824

$8,000,000

DELMAR

(GILMARTIN AREA)

Average Sale Price 2012-2021

2012

2013

2014

2015

2016

2017

Tiburon No. Sold

123

124

127

115

97

135

Tiburon Avg Sale Price

$1,895,003

$2,337,327

$2,935,882

$2,863,813

$2,825,928

$3,059,134

SOLD

TIBURON

REPRESENTED BUYERS HIGHEST SALE PRICE IN TIBURON SINCE 2007 $23,999,000 6

BEL AIRE

ROUND HILL

DEL MADERA

TURTLE ROCK

2021 MARKET REPORT

SOLD

TIBURON

REPRESENTED SELLERS $8,000,000


2021 TIBURON MARKET SUMMARY MARINERO HEIGHTS

HILL HAVEN

(SUGARLOAF AREA)

PARADISE DRIVE

PARADISE CAY

TAYLOR AREA

REEDLANDS

OLD TIBURON

OTHER LOCATIONS

ALL TIBURON

6

13

15

13

3

17

30

8

159

$5,989,667

$5,612,000

$5,106,467

$3,140,992

$5,813,333

$3,739,412

$2,933,900

$3,601,375

$3,784,626

$6,008,667

$5,536,215

$4,541,717

$3,033,192

$5,716,667

$3,763,094

$2,806,216

$3,498,000

$3,760,495

4,052

4,206

3,762

3,100

4,987

3,540

2,679

3,365

3,235

$1,634

$1,310

$1,138

$977

$1,139

$1,101

$1,115

$1,076

$1,190

$10,000,000

$9,872,000

$20,000,000

$5,650,000

$6,950,000

$5,477,000

$5,400,000

$6,875,000

$20,000,000

$2,600,000

$2,705,000

$1,695,000

$1,831,500

$4,000,000

$2,400,000

$1,387,500

$1,857,000

$1,387,500

$5,925,000

$5,700,000

$2,810,000

$3,000,000

$6,200,000

$3,770,000

$2,953,500

$3,025,000

$3,275,000

2018

2019

2020

2021

123

96

165

159

$3,165,605

$3,111,415

$3,863,249

$3,760,495

SOLD

BELVEDERE

98% -3% increase in average sale price since 2012

in average sale price since 2020

TIBURON AVERAGE SALE PRICE 2012-2021

TIBURON

$4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000

Source: The Marin County MLS - Single Family Homes

SAUSALITO

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2021

$0

2020

2019

2018

2017

2016

2015

2014

REPRESENTED BUYERS/SELLERS $6,000,000 2013

2012

TIBURON

G LO B A L E S TAT E S .C O M

KENTFIELD

7


AVERAGE SALE

8

2012

2013

2014

2015

Belvedere No. Sold

35

31

41

38

Belvedere Avg Sale Price

$3,037,176

$3,560,581

$3,329,682

$6,089,566

Tiburon No. Sold

123

124

127

115

Tiburon Avg Sale Price

$1,895,003

$2,337,327

$2,935,882

$2,863,813

Mill Valley No. Sold

349

355

338

346

Mill Valley Avg Sale Price

$1,895,003

$2,337,327

$2,935,882

$2,863,813

Sausalito No. Sold

59

72

74

58

Sausalito Avg Sale Price

$1,473,051

$1,670,049

$1,778,413

$1,979,108

Kentfield No. Sold

66

80

79

72

Kentfield Avg Sale Price

$2,104,209

$2,274,739

$2,370,263

$2,651,264

Ross No. Sold

42

44

44

30

Ross Avg Sale Price

$2,279,002

$2,807,729

$3,261,964

$3,740,167

Larkspur No. Sold

82

70

88

53

Larkspur Avg Sale Price

$1,196,162

$1,436,086

$1,688,339

$1,644,893

Corte Madera No. Sold

88

109

79

90

Corte Madera Avg Sale Price

$944,437

$1,142,413

$1,275,988

$1,385,012

Stinson No. Sold

25

31

22

19

Stinson Avg Sale Price

$1,666,365

$1,741,263

$2,572,301

$2,616,539

San Rafael No. Sold

502

541

491

502

San Rafael Avg Sale Price

$738,224

$930,583

$994,355

$1,102,284

Greenbrae No. Sold

51

50

59

49

Greenbrae Avg Sale Price

$1,151,414

$1,338,336

$1,444,608

$1,600,224

2021 MARKET REPORT


PRICE 2012-2021 2016

2017

2018

2019

2020

2021

30

30

44

40

45

47

$3,541,350

$4,347,667

$3,744,460

$3,856,078

$4,962,042

$6,071,245

97

135

123

96

149

159

$2,825,928

$3,059,134

$3,165,605

$3,111,415

$3,863,249

$3,760,495

271

326

344

325

368

424

$1,732,199

$1,788,075

$1,974,553

$1,974,101

$2,101,108

$2,619,618

56

81

52

53

70

79

$2,059,003

1,971,520

2,359,873

2,171,899

2,308,768

2,529,753

55

72

73

83

83

74

$2,590,278

$2,818,284

$2,603,416

$2,764,633

$3,486,730

$3,522,003

35

42

37

40

36

43

$3,889,963

3,317,674

3,701,492

$4,376,755

$4,256,007

$6,162,154

61

72

67

70

81

85

$1,973,096

$2,053,038

$2,020,332

$2,139,057

$2,238,269

$2,467,391

86

89

64

113

101

103

$1,462,188

$1,587,451

$2,182,992

$1,664,648

$1,684,915

$2,002,232

32

19

20

18

20

13

$2,434,627

$2,740,368

$2,378,750

$2,751,472

$3,529,397

$4,358,363

445

483

517

526

563

565

$1,159,189

$1,259,795

$1,331,981

$1,257,939

$1,428,763

$1,676,876

45

40

48

54

45

62

$1,639,283

$1,842,919

$1,778,031

$1,902,821

$2,003,964

$2,032,617

Source: The Marin County MLS - Single Family Homes

G LO B A L E S TAT E S .C O M

9


ROSS EAST SIDE ROSS (WELLINGTON, BAY WOOD AREA)

WEST SIDE ROSS (SHADY LANE, FERNHILL, GLENWOOD, LAGUNITAS AREA)

Total Homes Sold

7

32

Avg Listing Price

$4,665,000

$6,117,844

Avg Sale Price

$4,768,571

$6,362,426

Avg Sqft

4,364

3,404

Avg $/Sqft

$1,176

$1,657

Highest Sale

$9,800,000

$28,100,000

Lowest Sale

$2,300,000

$1,800,000

Median Sale

$3,675,000

$4,250,000

Average Sale Price 2012-2021

2012

2013

2014

2015

2016

2017

Ross No. Sold

42

44

44

30

35

42

Ross Avg Sale Price

$2,279,002

$2,807,729

$3,261,964

$3,740,167

$3,889,963

$3,317,674

SOLD OFF-MARKET

ROSS

REPRESENTED SELLERS $17,000,000

10

2021 MARKET REPORT

SOLD

ROSS

REPRESENTED BUYERS $7,395,000


LAUREL GROVE, MAKIN GRADE, WINDING WAY AREA

SIR FRANCIS DRAKE

ALL ROSS

3

1

43

$8,121,667

$4,200,000

$6,074,674

$7,931,667

$4,200,000

$6,162,154

4,203

3,835

6,933

TIBURON

45% increase in average sale price since 2020

MILL VALLEY

$1,075

$999

$1,520

$12,995,000

$4,200,000$1,800,000

$28,100,000

$3,600,000

$4,200,000$1,500,000

$1,800,000

170%

$4,200,000

increase in average sale price since 2012

$2,100,000

$1,200,000

$7,200,000

$4,200,000

$900,000 $600,000

2018

2019

2020

2021

37

40

36

43

$300,000

$3,701,492

$4,376,755

$4,256,007

SOLD

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

2021

2020

2019

2018

2017

2016

2015

2014

2013

$0

$6,162,154

KENTFIELD

ROSS AVERAGE SALE PRICE 2012-2021

ROSS

$7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000

Source: The Marin County MLS - Single Family Homes

SAN RAFAEL

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

REPRESENTED BUYERS/SELLERS $6,995,000

$0 2021

2020

ROSS

2019

2018

2017

2016

2015

2014

$1,000,000

2013

2012

2012

2021 ROSS MARKET SUMMARY

G LO B A L E S TAT E S .C O M

11


KENTFIELD KENT WOODLANDS HILLSIDE

KENT WOODLANDS FLATS

DEL MESA (LAUREL GROVE, POPLAR, MAKIN GRADE AREA)

Total Homes Sold

20

2

20

Avg Listing Price

$4,075,200

$3,597,500

$4,674,850

Avg Sale Price

$4,179,000

$3,850,000

$4,813,063

Avg Sqft

3,381

3,706

3,855

Avg $/Sqft

$1,191

$1,039

$1,234

Highest Sale

$16,000,000

$4,200,000

$11,000,000

Lowest Sale

$1,930,000

$3,500,000

$2,270,000

Median Sale

$3,687,500

$3,850,000

$4,147,500

Average Sale Price 2012-2021

2012

2013

2014

2015

2016

2017

Kentfield No. Sold

66

80

79

72

55

72

Kentfield Avg Sale Price

$2,104,209

$2,274,739

$2,370,263

$2,651,264

$2,590,278

$2,818,284

SOLD

KENTFIELD

REPRESENTED BUYERS/SELLERS $8,995,000

12

2021 MARKET REPORT

SOLD

KENTFIELD

REPRESENTED SELLERS $4,995,000


2021 KENTFIELD MARKET SUMMARY

MARIN CATHOLIC AREA

COLLEGE OF MARIN & SIR FRANCIS DRAKE BLVD AREA

LARKSPUR BORDER

ALL OF KENTFIELD

13

16

3

74

$2,236,385

$2,130,000

$2,264,333

$3,456,622

$2,346,923

$2,206,063

$2,426,667

$3,522,003

1,966

2,134 BELVEDERE $1,057

$1,212

2,691 $893

$4,000,000

$3,985,000

$2,965,000

$1,550,000

$900,000

$2,225,000

$2,450,000

2,983 TIBURON $1,163

$3,500,000 $3,000,000

$3,330,000

$16,000,000

$1,850,000

$900,000

$2,100,000

$2,925,000

$2,500,000

74

$2,603,416

$2,764,633

SOLD

increase in average sale price since 2012

$3,522,003

$3,486,730

SAUSALITO

67% 2012

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

$0

1% 2021

83

2020

83

2019

73

$1,000,000

2018

2021

2017

2020

2015

2019

2014

2018

2013

$1,500,000

2016

$2,000,000

increase in average sale price since 2020

KENTFIELD AVERAGE SALE PRICE 2012-2021

KENTFIELD

$7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000

Source: The Marin County MLS - Single Family Homes

STINSON BEACH

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2016

2015

REPRESENTED BUYERS/SELLERS $2,995,000

$0 2014

2013

2012

2011

2010

2009

KENTFIELD

2008

2007

2006

2005

2004

2003

2002

2001

2000

$1,000,000

G LO B A L E S TAT E S .C O M

SAN RAFAEL

13


SOLD

GLEN ELLEN REPRESENTED BUYERS $8,500,000

SOLD

BELVEDERE 14

2021 MARKET REPORT

REPRESENTED SELLERS $7,495,000


SOLD OFF-MARKET

SOLD

STRAWBERRY REPRESENTED SELLERS $7,750,000

SOLD

SAN FRANCISCO REPRESENTED SELLERS $4,478,000

SOLD

SONOMA REPRESENTED SELLERS $4,995,000

SOLD

BELVEDERE REPRESENTED BUYERS/SELLERS $4,000,000

SOLD

BELVEDERE

CORTE MADERA

REPRESENTED SELLERS $4,995,000

REPRESENTED BUYERS/SELLERS $3,650,000

FOR THESE AND OTHER EXTRAORDINARY HOMES: G L O B A L E S TAT E S . C O M


GOLDEN GATE SOTHEBY ’ S INTERNATIONAL REALT Y 100 TIBURON BOULEVARD MILL VALLEY, CA 94941

PRICE RECENTLY REDUCED

PRICE RECENTLY REDUCED

EASTON POINT, TIBURON

BLUFF POINT, TIBURON

±110-ACRE RIDGE LINE | NOW LISTED AT $63,000,000

±14.5-ACRE WATERFRONT | NOW LISTED AT $17,500,000

With combined sales of close to $2.3 billion in closed transactions, the Sarkissian Bullock Team represents the widest inventory of high-end homes available in the Marin market. With experience and knowledge concentrated at the high-end market in Marin County, the Sarkissian Bullock Team offers the very highest standards and the best service, advice and assistance you’ll find anywhere. G LO BA LE STATE S .CO M

LYDIA SARKISSIAN

l.sarkissian@ggsir.com 415.517.7720 | CALBRE #01159670

MAGDA SARKISSIAN

m.sarkissian@ggsir.com 415.847.7913 | CALBRE #02028978

BILL BULLOCK

b.bullock@ggsir.com 415.868.9700 | CALBRE #00837358

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 ® I S A R E G I S T E R E D T R A D E M A R K L I C E N S E D T O 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 A F F I L I AT E S L LC . E A C H O F F I C E I S I N D E P E N D E N T LY O W N E D A N D O P E R AT E D .


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