2020
2019 DATA
ANNUAL MARKET REPORT SAN FRANCISCO BAY AREA
2020 Market Report, 2019 Data | 1
CONTENTS OUR BRAND
W E A R E G OL DEN G AT E SI R
4
P OW E R OF T H E BR A N D
6
H IST ORY OF INNOVATION
8
S F BAY A R E A H O US I N G M A R K E T
10
S F BAY A R E A SA L E S S U M M A RY
16
S F BAY A R E A LUXU RY M A R K E T
18
SA L E S BY C O U N T Y
2 | 2020 Market Report, 2019 Data
SA N F R A NCISCO
20
A L A M E DA COU NT Y
24
CONT R A COSTA COU NT Y
26
M A R IN COU NT Y
28
NA PA COU NT Y
30
SA N M AT E O COU NT Y
32
SA NTA CL A R A COU NT Y
34
SA NTA CRUZ COU NT Y
36
SOL A NO COU NT Y
38
SONOM A COU NT Y
40
S I G N I F I CA N T SA L E S
42
All data courtesy of local MLS
2020 ANNUAL MARKET REPORT M L S D ATA F O R 2 0 1 9
W
elcome to our Annual Market Report — an in-depth look at what happened in the San Francisco Bay Area residential real estate market over the past year. In the pages ahead, you will find that 2019 saw a drop in the number of sales and relatively unchanged prices, in most counties. We begin this report with an introduction to our brokerage and the power of our brand, highlighting significant milestones at Golden Gate Sotheby’s International Realty in this past year, including nearly $5 billion in total sales volume in 2019 and our further expansion in Silicon Valley and Peninsula. We also trace the evolution of the company alongside developments in innovation and technology here in the San Francisco Bay Area as we continue to lead the industry in cutting-edge innovation and property marketing. Diving into the data, our comprehensive market report begins with economic and real estate commentary presented by our partners at the Rosen Consulting Group (RCG). The report focuses primarily on detached single family homes, with added coverage of the luxury home market, and the significant condominium market in San Francisco. All data is sourced from the local Multiple Listing Service (MLS) organizations and is thoroughly cleaned by our data experts. Number of Sales: 2018 vs. 2019
Median Sales Price: 2018 vs. 2019 $1,600K
11,000 Contra Costa Alameda Santa Clara
$1,200K
8,250
$800K
5,500 Solano Sonoma San Mateo 2,750
0 2018
Marin San Francisco Santa Cruz Napa 2019
$400K
$0K 2018
San Francisco San Mateo Marin Santa Clara
Alameda Santa Cruz Napa Contra Costa Sonoma Solano
2019
2020 Market Report, 2019 Data | 3
W HO W E A R E Our brokerage provides luxury service at every price point. We are local experts with a global reach, showcasing your property to the widest audience to achieve the highest price. We are the top Sotheby’s International Realty Affiliate in Northern California, serving all ten counties of the San Francisco Bay Area with 550+ connected agents.
#1 SOTH EBY ’S INTER NATIONA L R E A LT Y A F FILI ATE IN NORTH ER N C A LIFOR NI A
550 AGENTS
4 | 2020 Market Report, 2019 Data
$5B
BILLION SA LES VOLUM E IN 2019
25
OF FICES
WINE COUNTRY REGION NAPA
NOVATO
MARIN COUNTY REGION
EAST BAY REGION
SAN RAFAEL ROSS VALLEY STINSON BEACH
GREENBRAE MILL VALLEY BELVEDERE - TIBURON
NORTH BERKELEY
LAFAYETTE
BERKELEY
SAUSALITO
OAKLANDMONTCLAIRPIEDMONT
SAN FRANCISCO
DANVILLE
BURLINGAME SAN CARLOS REDWOOD CITY MENLO PARK WOODSIDE
PALO ALTO
LOS ALTOS
SILICON VALLEY REGION LOS GATOS
2020 Market Report, 2019 Data | 5
POW ER OF TH E BR A N D T R U S T E D TO S E L L YO U R M O S T VA L U E D A S S E T
SOTHEBY ’S Sotheby’s Auction House has over 200 years of history selling our clients’ treasures. Our association with the brand ensures stellar representation, brings cachet to your property and allows us access to affluent buyers around the world.
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 With our distinguished global referral network we can find qualified buyers or quality agents for your next purchase from around the globe. Our listings achieve maximum sale price.
1,000
22,000
72
OF FICES
SA LES A SSOCI ATES
COUNTR IES
127M
86M
2.8M
A NN UA L PAGE
YOUT U BE
AV ER AGE MONTH LY
V IEWS SIR .COM
V IDEO V IEWS
V ISITS SIR .COM
34.5M
63%
52M
T OTA L V ISIT OR S
SIR .COM V ISIT OR S
PROPERT Y DETA IL
SIR .COM
OUTSIDE U. S.
V IEWS SIR .COM
6 | 2019 Market Report, 2019 Data
2019 Market Report, 2019 Data | 7
T H E S A N F R A NCI S C O B AY A R E A & S O T H E BY ’ S I N T E R N AT ION A L R E A LT Y A BR IEF HIST ORY
Golden Gate Bridge 50th Anniversary
Napa Valley wineries win “Judgment of Paris”
Gold discovered in California
Davies Symphony Hall completed in San Francisco
A’s win “Bay Bridge Series” over SF Giants French Laundry opens in Yountville
1848
Samuel Baker, founder of Sotheby’s, holds first sale at the Exeter Exchange
49ers win Super Bowl for 5th time in a dozen years
Apple Computer founded in Cupertino
Misión San Francisco de Asís and El Presidio Real de San Francisco established in Yerba Buena
1744 1776
Macintosh computer launched
1976
1978
Sotheby’s International Realty founded
The roots of Golden Gate Sotheby’s
Inaugural Burning Man gathering at Baker Beach
1980
1982
1984
1986
1989
Van Gogh’s Irises sells for record $53.9 million
1995
Andy W sells for $
Decker Bullock in Marin County
International Realty run deep in the San Francisco Bay Area. Formed in
Better Homes & Gardens in Alameda County
2018 from companies that trace their origins to the 1980s and ’90s, the brokerage is part of a brand heritage
United California Brokers in Contra Costa County Campi Properties in Los Altos
that dates from 1744.
Image credits: Exeter Exchange image ©Westminster City Library, Victoria. San Francisco Mission from Southern Methodist University, Central University Libraries, DeGolyer Library. AT&T Park photo by Coasttocoast available under Creative Commons Attribution-Share Alike license.
8 | 2020 Market Report, 2019 Data
Sotheby’s International Realty YouTube Channel launches
Tesla founded in Palo Alto
Google founded in Menlo Park
First Tweet
PacBell Bark (now Oracle) opens in San Francisco
2001
Giants win World Series for 3rd time in 5 years Uber founded in San Francisco
YouTube founded in San Bruno
1998
Launch of Sotheby’s International Realty AppleTV app
2003
2005
2007
Warriors win NBA Championship for 3rd time in 4 years
America’s Cup comes to Bay Area
First iPhone
2009
2013
SIR launches augmented reality (AR) app Curate
2015
2018
2020
Today
Warhol’s Orange Marilyn $17.3 million in New York
Sotheby’s International Realty global expansion
Pink Star diamond auctioned by Sotheby’s Geneva for $83,187,381
Today SIR joins Golden Gate Sotheby’s International Realty
Dreyfus Properties in Palo Alto
Golden Gate Sotheby’s International Realty unites Bay Area brokerages under one company Heritage Sotheby’s International Realty in Napa
Heritage
2020 Market Report, 2019 Data | 9
SAN FRANCISCO BAY AREA HOUSING MARKET CONTINU ED JOB EX PA NSION The Bay Area economy expanded further in 2019, driven by a broad range of industries. Regional employment growth remained high at 2.4% year-over-year in November, slightly higher than the 2.1% employment growth rate during the same period in 2018. Since 2015, employment growth averaged 2.8% per year, an addition of more than 500,000 jobs. In the first eleven months of 2019, nearly 85,000 jobs were created in the Bay Area. The bulk of new hires were in the professional and business services and information services sectors, which include many STEM-related positions. Hiring was also strong in the educational and health services sector, which added more than 16,000 jobs, or 3.0%, through November. The financial activities sector expanded by nearly 6,000 jobs, the strongest pace since 2016. In aggregate, office-using employment increased by more than
10 | 2020 Market Report, 2019 Data
37,000 jobs. The pace of hiring in the trade and leisure and hospitality sectors slowed, a result of the tight labor market and increased wage costs borne by employers. The other services sector, which includes personal services and repair services, was the only primary employment sector to contract in the last year. In typical economic expansions, hiring in the sector increases as households typically spend greater amounts of discretionary income. In the current environment, however, many smaller businesses faced with greater costs, including taxes, rent and wages, are unable to hire or the owner will take on additional hours rather than hire employees. HOUSING M A R K ET MIX ED The Bay Area housing market in 2019 was somewhat mixed, with sales slowing throughout much of the region. The combination of declining affordability, limited inventory and
Sources: MLS, RCG
Bay Area Job Creation (in thousands) 200
163.5 142.9 116.3 98.3 97.2 81.5
150 100 50
144.4 142.6 119.1 123 105.5 25.7
19.4 23.1
47.0 55.1 51.7
74.4
85 89.4 84.7
22.3
0 -50 -36.2
-38.7
-63.5
-100
-107.4
-150
-80.6 Median Price Increased above $2 million
(2018 vs. 2019) -180.8
-200
-222.1
Napa
5.8%
Santa Cruz
5.4%
19 91 19 92 19 93 19 94 19 95 19 96 19 97 19 98 19 99 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 20 13 20 14 20 15 20 16 20 17 20 18 20 19
-250
San Francisco Sources: BLS, RCG; as of November 2019
buyer fatigue also kept some potential buyers on the sidelines. Throughout the year, roughly 0.5% of the total single family housing stock in the Bay Area was listed for sale, approximately half the share of the state of California and about onefourth of the share of the nation. In 2019, 48,651 homes sold in the Bay Area, compared with more than 50,000 in 2018 and nearly 54,000 in 2017. The volume of homes sold declined by between 2% and 5% in most counties in the Bay Area; the exception was Marin County where sales increased by 1.1% from the previous year.
2.5%
San Mateo
1.9%
Alameda
0.8% affordability and limited inventory of for-sale Bay Area homes. The median price fell to 0.7% $925,000 in Santa Claraa decrease 0.4% of 1.8%, 2019 from $942,000 in 2018, Marin but remained 8.8% higher than0.0% 2017. Pricing improved in early 2019-1.3% prior to aContra somewhat Costa lackluster summer-4.5% home buyingSonoma season. Following several months in theSolano summer when -17.6% the median price declined, the median price Sources: MLS, RCG rebounded in the late fall and into early winter, roughly the opposite of the monthly trend in 2018. Comparing the year-end regional median price, December 2019 was 5.8% higher than 2018.
With fewer homes selling, the average days on market also increased to more than 38 days, nearly a week longer than in 2018. However, a clear trend emerged in the last year highlighting the ongoing competition for some homes while others remain on the market for longer periods. Most homes that spent less than the average days on market also sold for more than the asking price. Within the luxury home segment, this trend was even more apparent. Bay Area homes priced to attract strong buyer interest can generate a competitive bidding process that may lead to a shorter close time.
Sales Generally Decreased in 2019
The Bay Area median price decreased modestly in 2019, driven in part by diminished
Note: Difference in total sales in 2019 vs. 2018. Sources: MLS, RCG
-496
Santa Clara
-486
Contra Costa Alameda
-256 -173
San Mateo
-164
Santa Cruz
-110 -98
San Francisco
-91
Solano
-48 Marin
Bay Area Job Creation (in thousands)
Sonoma
Napa
25
2020 Market Report, 2019 Data | 11
Median Price Increased above $2 million (2018 vs. 2019) Napa
5.8%
Santa Cruz
5.4%
San Francisco
2.5%
San Mateo
1.9%
Alameda
0.8%
Bay Area
0.7%
Santa Clara
0.4%
Marin 0.0% -1.3% -4.5%
Contra Costa Sonoma Solano
-17.6% Sources: MLS, RCG
LOOK ING A HE A D Going forward, we expect the moderate economic expansion to continue and the Bay Area will remain the technologyin and innovation Sales Generally Decreased 2019 capital of the world. Domestic and international Santa -496 may provide headwinds issues to Clara continued Contra Costa -486 growth, but the strength of the economy should Alameda -256 persevere. Election year turmoil, uncertain tariff San Mateo issues and other-173 external forces could drive Santa Cruzto conditions -164 increased volatility in 2020, similar Sonoma -110 years, we have seen in recent leading to Franciscoeconomy. -98 temporary pauses within theSan regional -91 -48
12 | 2020 Market Report, 2019 Data
Marin
Solano Napa
25
Note: Difference in total sales in 2019 vs. 2018. Sources: MLS, RCG
While the outlook should generally remain positive for venture capital funding and the IPO market, leading to additional wealth creation for some households in the Bay Area, startup companies will be under increased scrutiny and likely more cautious as they raise funds and explore public market options. The technology industry should remain the driving force behind the creation of thousands of new jobs in the Bay Area, attracting new residents to the region even as some households relocate for affordability and quality of life reasons. Despite some relocations, on net the number of households and population in the Bay Area will increase through the next several years. Even as we expect demographic forces will expand theBay laborArea force,Median the availability Prices:of2017-2019 qualified labor will continue to constrain hiring in the near term.$1,600,000 We expect employment growth in the 1% to 2% range, or between 40,000 and 80,000 new hires. The unemployment rate $1,200,000 should hover in the mid-2% range through the remainder of the year. $800,000
The housing market is likely to maintain its current trajectory through the upcoming year. $400,000 Continued economic expansion and wealth formation in the Bay Area should spur additional $0 Concurrently, the buyer demand for homes. Alameda Contra Marin regional housing market will remainCosta constrained Sources: MLS, by a lack of inventory for RCG sale as well as persistent affordability issues for many households. While it is true that homeownership in the Bay Area is far less attainable for some households after several years of strong price appreciation, the expanding economy is also creating new wealth that enables other households to become homeowners or purchase larger homes. In the near term, for-sale inventory should remain constrained by households aging in place, property tax implications and limited options in the trade-up market. Reflecting the expectation for limited inventory coming to market, sales activity should increase slightly as buyer demand persists and 2017 2018 2019
M A R K ET MOV ES HIGHER Throughout the year, homes priced above $2 million generally outperformed lower priced homes. Though fewer homes sold in 2019, the median price of the homes that sold for more than $2 million increased by 0.7%. The median price for the higher priced homes increased in most counties, except Contra Costa and Sonoma counties, and Solano County which had very few sales in this price range. The median price increased substantially in Napa and Santa Cruz counties, by 5.8% and 5.4%, respectively. The median price of higher priced homes also increased by 2.5% in San Francisco County and by 1.9% in San Mateo County.
Napa
San Francisc
mortgage rates remain low. Additionally, the limited amount of inventory translating into closed sales also means that it will take some time at the current pace to release pent-up buyer demand. Y E A R- OV ER-Y E A R PR ICE CH A NGES Median home price trends were mixed throughout the last year, with pricing increasing in some counties and decreasing in others. For example, the December-over-December median price increased the most in Contra Costa and Solano counties, by 9.3% and 8.2%, respectively.
However, the year-over-year change was much more modest at 2.7% and 1.1%, respectively. The December median price also increased by 6.5% in Santa Clara County, by 4.6% in Alameda County and by 4.0% in Marin County, but the year-over-year median price decreased by -5.6%, -1.6% and -2.6%, respectively. Santa Cruz County had only a 0.6% increase year over year. The year-over-year median price declined in San Mateo and Sonoma counties, and San Francisco and Napa median price stayed the same.
Bay Area Median Prices: 2017-2019 $1,600,000
$1,200,000
$800,000
Alameda
2017 2018 2019
$0
2017 2018 2019
$400,000
Contra Costa
Marin
Napa
San Francisco
San Mateo
Santa Clara
Santa Cruz
Solano
Sonoma Bay Area
Sources: MLS, RCG
About Golden Gate Sotheby’s International Realty Golden Gate Sotheby’s International Realty has over 550 agents in 25 offices throughout the San Francisco Bay Area serving the counties of Alameda, Contra Costa, Marin, Napa, San Mateo, Santa Clara, Santa Cruz, Solano, Sonoma, and San Francisco.
About Rosen Consulting Group Rosen Consulting Group was founded in 1990 by Dr. Kenneth T. Rosen to provide objective real estate market and economic advisory services. Today, Dr. Rosen and Randall Sakamoto are the partners and active managers of the firm consisting of 18 advisory professionals. In addition to serving as Chairman of RCG, Dr. Rosen is Chairman of the Fisher Center for Real Estate and Urban Economics and Professor Emeritus at the Haas School of Business at the University of California, Berkeley.
2020 Market Report, 2019 Data | 13
$1,000,000
S A N F R A NCI S C O B AY A R E A M E DI A N S A L E S PR IC E S : 19 91-2 019 Graph shows the 12-month rolling average of the median sales price for existing single family detached homes in the nine Bay Area counties. the rolling average smooths out seasonal variations to give a clear picture of long term trends.
$800,000
Source: California Association of Realtors
$600,000
Dotcom bubble peaks
$400,000
1991
1992
1993
1994
14 | 2020 Market Report, 2019 Data
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
5
High $1,050,000 May 2018 Market Peak $789,250 May 2007 Subprime bubble bursts
2006
2007
2008
2009
9Y ea rs
Gr ow th
Market Trough $321,110 Feb 2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020 Market Report, 2019 Data | 15
SAN FRANCISCO BAY AREA SALES SUMMARY 16 | 2020 Market Report, 2019 Data
SF BAY A R E A R E SI DENT I A L SA L E S SU M M A RY · 2019 District
Average Sale Price Median Sale Price 2019
±%
2019
±%
High Sale
Avg Price/SF
2019
2019
±%
# of Sales 2019
±%
DOM 2019
±%
San Francisco Single Family
$2,026,141
2.7%
$1,600,000
0.0%
$27,000,000
$1,015
2.1%
2109
-4.4%
26
10.0%
Condo, Loft, etc.
$1,359,877
2.6%
$1,240,000
3.3%
$8,400,000
$1,135
2.0%
2737
-7.7%
36
9.1%
$1,035,809
0.0%
$920,000
-1.6%
$6,625,000
$589
-0.7%
9513
-2.6%
27
27.2%
$655,924
-4.2%
$629,949
-4.6%
$2,078,000
$549
-2.6%
3358
0.9%
32
63.3%
Single Family
$853,476
2.3%
$667,500
2.7%
$7,000,000
$413
1.6%
9991
-4.6%
33
23.1%
Condo
$532,041
-1.5%
$480,000
-1.0%
$1,850,000
$433
0.3%
2741
-3.6%
33
52.4%
$1,664,832
-1.2%
$1,319,500
-2.6%
$14,000,000
$728
-0.7%
2202
1.1%
56
18.4%
$717,599
-1.9%
$635,000
-5.1%
$3,925,000
$558
-1.7%
597
0.0%
57
15.9%
$1,007,345
-4.6%
$710,000
0.0%
$23,700,000
$500
-1.8%
1162
-3.9%
87
8.8%
$566,462
2.8%
$500,000
-2.9%
$2,400,000
$474
3.3%
128
-8.6%
84
62.4%
Alameda Single Family Condo Contra Costa
Marin Single Family Condo Napa Single Family Condo San Mateo Single Family
$1,955,449
-0.1%
$1,560,000
-1.0%
$25,000,000
$984
-0.7%
3967
-4.2%
26
23.0%
Condo
$1,006,184
-3.2%
$929,000
-1.4%
$4,000,000
$809
-1.7%
1263
2.7%
28
59.0%
$1,550,780
-4.4%
$1,260,000
-5.6%
$13,000,000
$816
-5.6%
9312
-5.1%
29
43.9%
$891,159
-6.5%
$825,000
-7.1%
$4,330,000
$680
-9.4%
3747
-2.3%
34
104.2%
$1,016,369
1.1%
$890,000
0.6%
$9,702,000
$589
-1.1%
1644
-9.0%
45
21.8%
$623,814
1.9%
$596,300
-0.5%
$2,090,000
$528
-1.0%
468
7.8%
43
9.8%
Single Family
$481,578
-0.3%
$450,000
1.1%
$2,100,000
$278
1.4%
4469
-2.0%
56
16.8%
Condo
$304,562
0.3%
$275,000
-5.2%
$695,000
$271
1.7%
383
-5.4%
50
24.9%
$794,394
-4.8%
$653,900
-2.4%
$14,000,000
$447
-3.3%
4281
-2.5%
69
16.0%
Santa Clara Single Family Condo Santa Cruz Single Family Condo Solano
Sonoma Single Family Condo Bay Area SFH Bay Area Condo Bay Area All Residential
$393,992
-7.5%
$365,000
-8.7%
$949,000
$345
-3.8%
539
-8.6%
68
36.2%
$1,169,833
-1.2%
$925,000
-1.8%
$27,000,000
$608
-1.8%
48,650
-3.8%
38
22.6%
$821,675
-2.8%
$710,000
-3.8%
$8,400,000
$655
-3.0%
15,961
-2.5%
37
48.0%
$1,083,826
-1.6%
$859,880
-1.7%
$27,000,000
$620
-2.1%
64,611
-3.5%
38
26.7%
Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 17
LUXURY MARKET SALES SUMMARY 18 | 2020 Market Report, 2019 Data
S A N F R A NC I S C O B AY A R E A LU X U RY M A R K E T While median prices in the luxury market rose in 2019, the number of homes sold saw a decline, with 8% fewer sales over $4 million compared with the previous year. 2019 high-end sales were still nearly 16% above 2017 levels. The number of sales in the ultra luxury market (homes above $10 million) remained relatively unchanged in San Francisco, Marin and San Mateo Counties as expected given these high demand markets.
The second-highest public sale in all of the Bay Area was a newly constructed estate in Atherton with over 14,000 square feet of living space that went for $25 million. The highest sale in the Wine Country was a spread of 16 parcels totaling 2,100 acres near Calistoga, sold for $23.7 million with the seller represented by a Golden Gate Sotheby’s International Realty agent.
Since not all sales are reported to the MLS and many high-priced homes are sold off-market to maintain client privacy, details of every private sale are not available. A Golden Gate Sotheby’s International Realty agent sold one of the highest-priced home privately in San Mateo County for $31 million.
Homes by famous architects commanded top positions this year. Marin County’s high sale was a $14 million Hampton-style home in Ross designed by famous architect William Wurster. Santa Clara County’s highest was the Birge Clark-designed Spanish Colonial Revival that sold in Palo Alto for $13 million.
The highest priced publicly-listed sale in the Bay Area in 2019 was a mansion in the Pacific Heights neighborhood of San Francisco, originally built in 1912. It was sold by a Golden Gate Sotheby’s International Realty agent for $27 million.
Golden Gate Sotheby’s International Realty serves the Bay Area luxury home market with exclusive access to the largest international “Luxury MLS” – sir.com. The site allows buyers from around the world to locate the best homes in the Bay Area and beyond.
Luxury Home Sales by Price Range $4-6m
$6-10m
$10m+
Santa Clara
214
48
3
San Mateo
145
53
$13,000,000
29
$25,000,000
San Francisco
95
Marin
59
Napa
18 6 3
$23,700,000
78 1
$14,000,000
Contra Costa
10 2
$7,000,000
Alameda
10 2
$6,625,000
6 4
$9,702,000
Sonoma
Santa Cruz
37
High Sale
27
11
$27,000,000
5
$14,000,000
$2,100,000
Solano 0
75
150
225
300
2020 Market Report, 2019 Data | 19
SA N FR A NCISCO
SAN FRANCISCO SINGLE FAMILY SF SFH
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $1,700K
2014 2015
2016
2017
2018
2019
$1,600,000
$1,275K $850K $425K
Q
Q 4
20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 2014
675
700 525
2015
641
2016
598
638
655 571
428
350
2017
363
631
650
2018
597
626
2019
669
639
610 528
388
400
599 503
368
175
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
20 | 2020 Market Report, 2019 Data
S A N F R A NC I S C O S A L E S BY DI S T R IC T · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City District 1
2019 $2,456,671
±%
Median Sale Price 2019
7.3%
$2,100,000
±%
High Sale
Avg Price/SF
2019
5.0%
$18,000,000
# of Sales 2019
±%
DOM
2019
±%
$1,031
3.6%
171
-10.0%
2019 27
±% 17.8%
District 2
$1,574,945
3.1%
$1,500,000
3.4%
$3,850,000
$970
0.2%
379
-0.8%
22
9.0%
District 3
$1,295,479
0.5%
$1,222,500
-2.2%
$2,705,000
$860
-1.3%
138
-7.4%
24
-10.5%
District 4
$1,875,061
-1.1%
$1,700,000
-2.0%
$5,000,000
$962
-1.3%
290
-10.5%
24
6.5%
District 5
$2,701,103
6.2%
$2,500,000
8.6%
$8,700,000
$1,239
0.3%
324
0.6%
24
2.5%
District 6
$2,852,769
-1.3%
$2,900,000
5.8%
$4,650,000
$1,143
5.4%
39
-4.9%
31
3.0%
District 7
$5,792,400
-1.9%
$4,972,500
5.1%
$27,000,000
$1,462
-2.5%
100
1.0%
47
48.8%
District 8
$3,763,600
-19.9%
$3,100,000
-13.0%
$12,750,000
$1,434
9.0%
25
8.7%
50
36.2%
District 9
$1,802,144
1.0%
$1,625,000
0.5%
$4,700,000
$1,123
5.6%
227
-5.4%
26
25.6%
$1,117,216
3.2%
$1,085,000
3.3%
$1,945,000
$795
2.8%
416
-4.8%
27
2.2%
$2,026,141
2.7%
$1,600,000
0.0%
$27,000,000
$1,015
2.1%
2109
-4.4%
26
10.0%
District 10 San Francisco Co.
DI S T R IC T 1
Central Richmond, Inner Richmond, Outer Richmond, Jordan Park/Laurel Heights, Presidio, Lake Street, Sea Cliff, Lone Mountain
DI S T R IC T 2
Golden Gate Heights, Outer Parkside, Outer Sunset, Parkside, Central Sunset, Inner Sunset, Inner Parkside
DI S T R IC T 3
Lake Shore, Merced Heights, Pine Lake Park, Stonestown, Lakeside, Merced Manor, Ingleside, Ingleside Heights, Oceanview
DI S T R IC T 4
Balboa Terrace, Diamond Heights, Forest Hill, Forest Knolls, Ingleside Terrace, Midtown Terrace, Saint Francis Wood, Miraloma Park, Forest Hill Extension, Sherwood Forest, Mount Davidson Manor, Westwood Highlands, Westwood Park, Sunnyside, West Portal, Monterey Heights
DI S T R IC T 5
Glen Park, Haight Ashbury, Noe Valley, Twin Peaks, Cole Valley/ Parnassus Heights, Buena Vista/Ashbury Heights, Castro, Corona Heights, Clarendon Heights, Duboce Triangle, Eureka Valley/Dolores Heights, Mission Dolores
DI S T R IC T 6
Anza Vista, Hayes Valley, Lower Pacific Heights, Western Addition, Alamo Square, North Panhandle
DI S T R IC T 7
Marina, Pacific Heights, Presidio Heights, Cow Hollow
DI S T R IC T 8
Downtown, Financial District/ Barbary Coast, Nob Hill, North Beach, Russian Hill, Van Ness/ Civic Center, Telegraph Hill, North Waterfront, Tenderloin
DI S T R IC T 9
Bernal Heights, Inner Mission, Mission Bay, Potrero Hill, South of Market, Yerba Buena, South Beach, Central Waterfront/ Dogpatch
DI S T R IC T 10
Bayview, Crocker Amazon, Excelsior, Outer Mission, Visitacion Valley, Portola, Silver Terrace, Mission Terrace, Hunter’s Point, Bayview Heights, Candlestick, Little Hollywood
Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 21
SAN FRANCISCO CONDOS SF Condos
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $1,300K
2014 2015
2016
2017
2018
2019
$1,250,000
$975K $650K $325K
Q
Q 4
20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1000
2014
2015
2016
2017
864 762
750
682 583
500
757
590
627
2019
900
833
823
748 742 734 567
2018
637
900 711 716
632
693
512
250
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
22 | 2020 Market Report, 2019 Data
S A N F R A NC I S C O S A L E S BY DI S T R IC T · 2 01 9 C ON D O/C O OP/ T IC/ L OF T Average Sale Price City
2019
±%
Median Sale Price 2019
±%
High Sale
Avg Price/SF
2019
2019
±%
# of Sales 2019
±%
DOM 2019
±%
District 1
$1,446,615
7.5%
$1,350,000
5.5%
$2,965,000
$1,012
3.6%
144
-11.7%
31
22.7%
District 2
$1,183,198
3.1%
$1,200,000
-1.8%
$1,800,000
$994
5.7%
43
-23.2%
26
0.2%
District 3
$1,010,715
1.0%
$928,000
9.8%
$1,449,000
$803
-4.2%
35
2.9%
65
129.7%
District 4
$856,869
-4.2%
$820,000
-6.3%
$1,850,000
$853
8.6%
67
31.4%
46
30.0%
District 5
$1,529,649
7.3%
$1,500,000
6.5%
$3,850,000
$1,194
3.9%
412
-6.8%
21
-4.2%
District 6
$1,262,248
1.5%
$1,250,000
0.4%
$2,800,000
$1,086
0.8%
254
-9.9%
34
-9.2%
District 7
$1,827,844
5.6%
$1,550,000
3.3%
$6,253,000
$1,259
1.6%
312
8.0%
33
32.4%
District 8
$1,270,848
-5.1%
$1,025,000
-6.0%
$6,800,000
$1,166
1.2%
454
-5.6%
50
17.3%
District 9
$1,285,513
1.1%
$1,170,000
3.1%
$8,400,000
$1,165
1.2%
953
-12.2%
36
0.4%
$743,424
-0.9%
$768,000
-2.2%
$1,100,000
$675
-3.8%
63
-22.2%
61
43.2%
$1,359,877
2.6%
$1,240,000
3.3%
$8,400,000
$1,135
2.0%
2737
-7.7%
36
9.1%
District 10 San Francisco Co.
DI S T R IC T 1
Central Richmond, Inner Richmond, Outer Richmond, Jordan Park/Laurel Heights, Presidio, Lake Street, Sea Cliff, Lone Mountain
DI S T R IC T 2
Golden Gate Heights, Outer Parkside, Outer Sunset, Parkside, Central Sunset, Inner Sunset, Inner Parkside
DI S T R IC T 3
Lake Shore, Merced Heights, Pine Lake Park, Stonestown, Lakeside, Merced Manor, Ingleside, Ingleside Heights, Oceanview
DI S T R IC T 4
Balboa Terrace, Diamond Heights, Forest Hill, Forest Knolls, Ingleside Terrace, Midtown Terrace, Saint Francis Wood, Miraloma Park, Forest Hill Extension, Sherwood Forest, Mount Davidson Manor, Westwood Highlands, Westwood Park, Sunnyside, West Portal, Monterey Heights
DI S T R IC T 5
Glen Park, Haight Ashbury, Noe Valley, Twin Peaks, Cole Valley/ Parnassus Heights, Buena Vista/Ashbury Heights, Castro, Corona Heights, Clarendon Heights, Duboce Triangle, Eureka Valley/Dolores Heights, Mission Dolores
DI S T R IC T 6
Anza Vista, Hayes Valley, Lower Pacific Heights, Western Addition, Alamo Square, North Panhandle
DI S T R IC T 7
Marina, Pacific Heights, Presidio Heights, Cow Hollow
DI S T R IC T 8
Downtown, Financial District/ Barbary Coast, Nob Hill, North Beach, Russian Hill, Van Ness/ Civic Center, Telegraph Hill, North Waterfront, Tenderloin
DI S T R IC T 9
Bernal Heights, Inner Mission, Mission Bay, Potrero Hill, South of Market, Yerba Buena, South Beach, Central Waterfront/ Dogpatch
DI S T R IC T 10
Bayview, Crocker Amazon, Excelsior, Outer Mission, Visitacion Valley, Portola, Silver Terrace, Mission Terrace, Hunter’s Point, Bayview Heights, Candlestick, Little Hollywood
Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 23
ALAMEDA COUNTY Alameda County
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $1,000K
2014 2015
2016
2017
2018
2019
$910,000
$750K $500K $250K
Q 4
20 14 Q 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 3200
2014
2015 3147
2016
3070 2630
2538
2017
2885 2910 2578
2018
2880 2838 2633
2019
3008
2899
2685 2294
2400 1773
1764
1801
1786
2605 2299
1710
1600 800
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
24 | 2020 Market Report, 2019 Data
A L A M E DA C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Alameda
2019
±%
$1,199,971
6.0%
Albany
$1,183,179
Berkeley
$1,431,349
Castro Valley Dublin Emeryville Fremont
Median Sale Price 2019
±%
High Sale 2019
Avg Price/SF 2019
±%
$1,158,500
7.3%
$3,000,000
$693
4.7%
8.2%
$1,110,000
8.3%
$2,400,000
$859
1.6%
$1,350,000
3.8%
$4,150,000
$821
# of Sales 2019
±%
DOM 2019
±%
338
-9.4%
21
15.5%
-0.6%
83
-4.6%
27
51.9%
3.9%
569
4.6%
21
-4.0%
$923,397
0.7%
$871,000
0.1%
$2,950,000
$520
-1.3%
441
2.8%
26
31.2%
$1,110,970
0.4%
$1,057,000
-2.1%
$2,217,000
$496
-1.7%
461
5.7%
31
57.4%
$765,272
-12.9%
$690,000
-9.2%
$1,200,000
$680
7.8%
7
0.0%
40
201.1%
$1,225,470
-8.1%
$1,140,000
-7.2%
$3,625,000
$709
-6.5%
1182
-4.5%
28
41.9%
Hayward
$758,102
-2.4%
$705,000
-0.1%
$1,968,000
$485
0.1%
923
-8.9%
31
29.5%
Livermore
$922,134
-0.8%
$815,000
-1.2%
$3,975,000
$488
-2.1%
944
-4.0%
29
45.8%
Newark
$951,711
-4.2%
$911,000
-6.1%
$1,585,000
$597
-10.7%
302
-5.6%
40
120.6%
Oakland
$932,747
3.4%
$816,500
2.7%
$4,100,000
$583
3.6%
2402
-0.2%
26
4.7%
Piedmont
$2,414,084
-2.4%
$2,250,000
-2.2%
$6,625,000
$810
-5.2%
119
24.0%
21
27.9%
Pleasanton
$1,407,743
0.8%
$1,215,000
-2.8%
$4,275,000
$578
-3.6%
659
-3.5%
30
39.2%
San Leandro
$731,887
2.8%
$700,000
1.4%
$1,549,000
$505
-0.2%
515
-18.0%
23
27.1%
San Lorenzo
$673,026
0.8%
$680,000
1.1%
$1,010,000
$516
0.1%
232
20.8%
17
-11.3%
$1,046,995
-31.4%
$742,000
-25.8%
$2,630,000
$587
-13.8%
11
22.2%
43
-58.7%
$936,986
-8.8%
$895,000
-10.7%
$1,555,000
$538
-6.3%
325
0.6%
32
73.8%
$1,035,809
0.0%
$920,000
-1.6%
$6,625,000
$589
-0.7%
9513
-2.6%
27
27.2%
Sunol Union City Alameda Co.
C ON D O S Average Sale Price Alameda Co.
$655,924
-4.2%
Median Sale Price $629,949
-4.6%
High Sale $2,078,000
Avg Price/SF $549
-2.6%
# of Sales
DOM
3358
32
0.9%
63.3%
Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 25
CONTRA COSTA COUNTY Contra Costa
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $700K
2014 2015
2016
2017
2018
2019
$670,000
$525K $350K $175K
Q 4
20 14 Q 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 3400
2014
2015 3330 3248
3146 3085
2670
2504
2550
2016
2021
2016
2017
3198 3162
2700 2076
2018
3193
2692 2059
2019
3055
2931 2296
2918 2325
1694
1700 850
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
26 | 2020 Market Report, 2019 Data
C ON T R A C O S TA C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Alamo Antioch Bay Point
2019
±%
$2,014,741
2.8%
Median Sale Price 2019
±%
$1,835,000
High Sale 2019
Avg Price/SF 2019
7.9%
$4,800,000
$578
±%
# of Sales 2019
DOM
±%
0.8%
199
-1.0%
2019 45
±% 17.5%
$478,717
5.3%
$475,000
5.6%
$850,000
$258
-1.9%
1119
-7.6%
31
49.7%
$459,508
-2.0%
$430,000
-4.6%
$785,000
$299
-0.1%
156
-13.3%
34
29.3%
Bethel Island
$479,441
0.9%
$474,500
-10.2%
$896,305
$281
-12.8%
26
-13.3%
63
19.3%
Brentwood
$637,745
0.2%
$620,000
1.6%
$1,500,000
$282
3.4%
963
-4.0%
41
20.9%
Byron
$702,875
-10.4%
$656,500
-17.8%
$1,145,000
$374
-4.4%
8
14.3%
116
131.5%
Canyon
†
†
†
†
†
†
†
†
†
†
†
Clayton
$920,956
8.5%
$878,000
5.3%
$1,839,500
$381
-4.6%
140
1.4%
41
70.0%
Concord
$659,873
1.1%
$635,500
0.9%
$1,425,000
$416
2.3%
1057
-1.3%
25
2.2%
Crockett
$559,072
0.8%
$605,000
13.9%
$832,000
$356
0.5%
27
-15.6%
41
-0.5%
Danville
$1,509,967
0.6%
$1,375,000
-0.1%
$7,000,000
$530
0.1%
695
-0.1%
40
26.0%
Diablo
$2,671,026
15.4%
$2,300,000
28.9%
$6,400,000
$622
7.7%
19
-5.0%
88
49.2%
Discovery Bay
$656,327
-0.2%
$600,000
0.0%
$2,200,000
$257
-3.0%
350
12.5%
62
26.7%
El Cerrito
$999,783
1.0%
$926,000
-2.5%
$2,166,000
$650
4.3%
200
3.1%
22
12.6%
El Sobrante
$620,316
-0.8%
$590,000
-3.3%
$1,324,000
$409
6.3%
125
7.8%
36
22.0%
Hercules
$708,827
3.8%
$697,500
2.9%
$1,188,888
$343
3.2%
140
-26.3%
40
52.4%
Kensington
$1,298,194
7.0%
$1,277,500
9.0%
$3,100,000
$700
14.9%
62
10.7%
23
7.3%
Knightsen
$780,000
-26.1%
$780,000
-29.0%
$790,000
$463
53.6%
2
-60.0%
69
-6.8%
Lafayette
$1,796,762
3.0%
$1,615,000
8.6%
$5,850,000
$673
-2.0%
281
-5.4%
32
28.4%
$677,699
-1.8%
$655,000
0.8%
$2,408,000
$406
-0.6%
393
-3.9%
30
0.5%
Martinez Moraga
$1,486,327
0.2%
$1,450,000
3.6%
$2,805,000
$610
3.4%
129
-1.5%
23
15.5%
Oakley
$525,495
4.8%
$506,718
3.4%
$2,400,000
$273
3.6%
530
-8.9%
35
32.8%
Orinda
$1,628,495
-5.9%
$1,501,500
-2.4%
$4,850,000
$626
-1.8%
252
-10.3%
40
13.2%
Pacheco
$586,842
-3.0%
$577,000
-3.8%
$730,000
$455
16.2%
13
-48.0%
18
-6.4%
Pinole
$604,050
-1.0%
$590,000
0.0%
$900,000
$398
1.0%
168
2.4%
26
-4.3%
Pittsburg
$473,352
0.1%
$459,000
2.0%
$875,000
$292
3.5%
498
-9.5%
29
9.0%
Pleasant Hill
$863,900
1.6%
$1,960,000
$505
-0.7%
321
-0.6%
23
7.7%
†
†
†
†
†
†
$825,000
0.0%
†
†
†
†
Port Costa
$431,000
-40.1%
$431,000
-40.1%
$431,000
$422
9.8%
1
0.0%
10
-73.0%
Richmond
$598,158
5.7%
$561,000
3.9%
$1,950,000
$443
4.1%
668
-16.2%
30
20.3%
Point Richmond
†
Rodeo
$530,671
2.1%
$540,000
0.0%
$715,000
$370
-0.5%
68
13.3%
40
94.2%
San Pablo
$495,108
4.9%
$495,000
7.0%
$825,000
$423
3.8%
179
-8.7%
30
12.6%
San Ramon
$1,205,186
-3.0%
$1,149,900
-4.6%
$2,750,000
$501
-1.1%
649
-1.8%
29
53.3%
Walnut Creek
$1,221,464
3.2%
$1,175,000
3.3%
$4,400,000
$565
0.1%
553
2.8%
24
7.3%
$853,476
2.3%
$667,500
2.7%
$7,000,000
$413
1.6%
9991
-4.6%
33
23.1%
Contra Costa Co.
C ON D O S Average Sale Price Contra Costa Co.
$532,041
-1.5%
Median Sale Price $480,000
-1.0%
High Sale $1,850,000
Avg Price/SF $433
0.3%
# of Sales 2741
-3.6%
DOM 33
52.4%
For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS. †No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 27
MARIN COUNTY Marin
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $1,500K
2014 2015
2016
2017
2018
2019
$1,317,500 $1,125K $750K $375K
Q
Q 4
20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 800
2014
2015
2016
721
2017
715 635
600
529
741 615
527 513
521 383
400
2018
341
335
2019
725
716 607
551
603 490
356
542
342
200
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
28 | 2020 Market Report, 2019 Data
M A R I N C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Belvedere
2019
±%
$3,886,003
Median Sale Price 2019
±%
2.5%
$3,625,000
12.4%
High Sale 2019
Avg Price/SF 2019
$7,500,000
$1,249
±% 1.6%
# of Sales 2019
DOM
±%
2019
±%
38
-9.5%
82
-13.8%
Bolinas
$2,937,273
89.1%
$1,765,000
30.8%
$8,750,000
$1,454
27.7%
11
-31.2%
146
55.8%
Corte Madera
$1,656,556
-13.2%
$1,527,556
3.6%
$4,500,000
$844
-0.6%
112
86.7%
38
-9.0%
Dillon Beach Fairfax Forest Knolls
$862,854
-15.0%
$817,500
-13.1%
$1,475,000
$572
14.2%
12
-25.0%
125
-5.5%
$1,088,893
-3.7%
$960,500
-3.5%
$2,900,000
$670
6.3%
92
16.5%
44
44.7%
$959,857
23.2%
$935,000
10.0%
$1,475,000
$501
-5.9%
7
-30.0%
87
94.4%
$1,909,752
7.3%
$1,850,000
10.5%
$3,050,000
$788
2.7%
51
8.5%
40
-3.8%
Inverness
$1,515,208
16.8%
$1,380,000
13.6%
$3,200,000
$868
17.6%
24
4.3%
50
-10.0%
Kentfield
$2,755,665
5.8%
$2,243,750
-9.3%
$10,500,000
$927
-1.2%
82
12.3%
53
41.0%
Greenbrae
Lagunitas
$990,097
7.0%
$930,888
14.2%
$1,460,000
$544
-2.8%
8
0.0%
61
1.2%
Larkspur
$2,141,292
6.0%
$2,050,000
10.2%
$4,500,000
$934
-4.3%
65
-3.0%
42
10.7%
Marshall
$1,950,000
41.8%
$1,200,000
-12.7%
$6,000,000
$938
–
6
200.0%
71
-48.3%
Mill Valley
$1,976,330
-0.1%
$1,650,000
-2.1%
$8,707,000
$882
0.3%
302
-10.7%
48
31.6%
Muir Beach
$2,446,667
45.5%
$2,700,000
62.9%
$2,800,000
$933
-4.6%
3
-25.0%
134
283.8%
Nicasio
$1,891,960
-10.6%
$1,630,000
-6.9%
$3,200,000
$650
-5.7%
5
-28.6%
286
120.2%
Novato
$1,056,917
-1.4%
$950,000
-1.6%
$2,550,000
$488
-2.4%
485
28.3%
Olema
†
†
†
†
†
†
†
8.5%
60
†
†
†
6
0.0%
67
†
Pt. Reyes Station
$1,753,333
10.6%
$1,592,500
2.7%
$3,300,000
$905
Ross
$4,347,954
23.4%
$3,400,000
33.3%
$14,000,000
$1,130
4.8%
39
8.3%
68
42.4%
San Anselmo
$1,524,610
2.3%
$1,385,000
3.7%
$6,262,000
$713
-2.0%
177
0.0%
46
39.6%
-45.9%
-45.7%
San Geronimo
$1,661,831
-3.0%
$1,195,000
-30.9%
$4,050,000
$480
-16.2%
7
-12.5%
59
-30.5%
San Rafael
$1,262,183
-5.3%
$1,200,000
1.8%
$3,900,000
$623
0.0%
499
-1.6%
50
22.0%
Sausalito
$2,115,829
-9.5%
$1,785,000
-10.2%
$5,300,000
$946
-1.3%
49
-3.9%
56
-28.6%
Stinson Beach
$2,751,472
15.0%
$2,730,000
16.2%
$6,100,000
$1,823
26.6%
18
-5.3%
85
11.5%
Tiburon
$3,120,376
-1.7%
$2,672,500
3.6%
$9,945,000
$985
0.5%
90
-21.7%
96
21.7%
Tomales
$760,000
-4.6%
$760,000
20.2%
$760,000
$812
70.8%
1
-75.0%
61
-55.6%
Woodacre
$938,846
-0.7%
$957,000
6.5%
$1,230,000
$530
-2.6%
13
-13.3%
69
41.2%
Marin Co.
$1,664,832
-1.2%
$1,319,500
-2.6%
$14,000,000
$728
-0.7%
2202
1.1%
56
18.4%
C ON D O S Average Sale Price Marin Co.
$717,599
-1.9%
Median Sale Price $635,000
-5.1%
High Sale $3,925,000
Avg Price/SF $558
-1.7%
# of Sales 597
0.0%
DOM 57
15.9%
†No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 29
NAPA COUNTY Napa
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $800K
2014 2015
2016
2017
2018
2019
$710,000 $600K $400K $200K
Q
Q 4
20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 400
2014
2015
362
2016
382
360
2017
387
360 342
321
300
271 259
280 242
2018
267
2019
320
288
338 350
344 291
285
254 188
200 100
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
30 | 2020 Market Report, 2019 Data
N A PA C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City American Canyon Angwin
2019 $545,615
±%
Median Sale Price 2019
-0.6%
$535,000
±%
High Sale 2019
-1.8%
$1,185,000
Avg Price/SF 2019
# of Sales
±%
$291
2019
-0.4%
DOM
±%
2019
±%
150
2.0%
70
24.9%
$960,033
5.6%
$750,000
5.5%
$3,100,000
$401
-0.8%
15
-31.8%
144
-34.4%
Calistoga
$1,928,550
-12.1%
$962,500
-0.8%
$23,700,000
$565
-43.0%
42
-16.0%
118
-25.5%
Deer Park
$1,165,125
*
$1,165,125
*
$1,165,125
–
*
1
*
162
*
$917,726
-5.3%
$725,000
1.4%
$13,325,000
$492
2.2%
835
-2.6%
83
18.9%
$7,200,000
*
$7,200,000
*
$7,200,000
$1,600
*
1
*
109
*
$287,077
-0.3%
$232,000
3.1%
$900,000
$200
-5.3%
13
0.0%
164
7.6%
Rutherford
$1,055,000
-29.7%
$1,055,000
-12.1%
$1,220,000
$810
-11.7%
2
-33.3%
86
-51.0%
St. Helena
$2,056,039
7.4%
$1,475,000
4.6%
$9,800,000
$852
3.8%
87
-7.4%
109
-3.5%
Napa Oakville Pope Valley
Yountville
$2,119,344
2.1%
$1,032,500
-28.8%
$13,500,000
$1,019
22.4%
16
-30.4%
94
3.7%
Napa Co.
$1,007,345
-4.6%
$710,000
0.0%
$23,700,000
$500
-1.8%
1162
-3.9%
87
8.8%
C ON D O S Average Sale Price Napa Co.
$566,462
2.8%
Median Sale Price $500,000
-2.9%
High Sale $2,400,000
Avg Price/SF $474
3.3%
# of Sales 128
-8.6%
DOM 84
62.4%
For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS.
*No sales recorded for 2018. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 31
SAN MATEO COUNTY San Mateo
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $1,700K
2014 2015
2016
2017
2018
2019
$1,542,000
$1,275K $850K $425K
Q
Q 4
20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1400
2014
2015
2016
1280 1254 1130
1037
1050 753
700
2017
1213 1172
728
2018
1303 1129 1122
1083
729
2019
1254 1094 758
1204 1042
1035
1002
719
350
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
32 | 2020 Market Report, 2019 Data
S A N M AT E O C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Atherton
2019
±%
Median Sale Price 2019
±%
$8,779,236
5.5%
$6,000,000
Belmont
$1,821,052
-4.7%
Brisbane
$1,348,300
4.2%
High Sale 2019
Avg Price/SF 2019
±%
# of Sales 2019
DOM
±%
-9.8%
$25,000,000
$1,712
7.4%
63
$1,750,000
-3.7%
$3,200,000
$1,013
-4.2%
$1,422,500
18.5%
$2,350,000
$799
9.0%
2019
±%
-6.0%
62
19.9%
180
-5.3%
20
22.5%
30
20.0%
28
31.4%
Burlingame
$2,554,619
1.1%
$2,415,000
0.9%
$5,125,000
$1,191
-1.1%
175
-7.9%
22
14.2%
Colma
$1,158,086
-2.3%
$1,110,000
8.8%
$1,725,000
$735
7.6%
9
-18.2%
15
28.1%
Daly City
$1,086,679
2.0%
$1,080,000
2.9%
$1,580,000
$760
1.3%
303
-9.8%
18
-4.9%
$1,013,512
-3.5%
$962,500
-1.8%
$1,625,000
$796
2.6%
92
-20.0%
34
69.5%
East Palo Alto El Granada
$1,197,269
3.4%
$1,199,000
2.5%
$1,900,000
$672
-0.3%
39
-26.4%
46
46.3%
Foster City
$1,864,098
-2.5%
$1,807,500
-4.4%
$2,800,000
$913
-3.1%
108
-6.9%
19
27.5%
Half Moon Bay
$1,442,568
-2.0%
$1,315,278
-6.1%
$10,250,000
$686
1.4%
114
-10.2%
39
27.7%
Hillsborough
$4,720,851
-4.9%
$4,300,000
1.4%
$16,600,000
$1,136
-3.5%
118
3.5%
44
32.0%
La Honda
$1,032,750
20.1%
$912,750
7.2%
$2,849,000
$667
-2.4%
14
-22.2%
52
215.0%
Loma Mar
†
†
†
†
†
†
†
†
†
†
†
Menlo Park
$2,814,477
-2.5%
$2,400,000
-7.9%
$10,700,000
$1,355
-3.6%
328
13.5%
26
23.8%
Millbrae
$1,899,534
5.2%
$1,868,000
5.4%
$3,650,000
$990
-1.7%
117
-12.7%
18
11.6%
Montara
$1,383,027
-0.6%
$1,300,000
4.3%
$3,800,000
$687
1.1%
45
36.4%
38
-12.4%
Moss Beach
$1,299,210
1.5%
$1,165,000
-4.9%
$3,695,000
$696
-11.4%
31
40.9%
48
30.6%
Pacifica
$1,134,205
-0.8%
$1,110,000
0.9%
$2,100,000
$790
0.1%
262
-5.4%
22
19.7%
$1,155,154
0.0%
$865,000
-18.8%
$3,250,000
$699
-11.6%
13
18.2%
99
8.5%
$3,591,886
3.8%
$3,060,000
-8.4%
$13,750,000
$1,269
0.9%
53
-11.7%
58
43.3%
Pescadero Portola Valley Redwood City
$1,766,987
-1.8%
$1,650,000
-2.9%
$5,700,000
$1,015
-2.3%
555
9.7%
25
38.5%
Redwood Shores
$1,943,578
-12.1%
$1,972,500
-5.9%
$2,565,000
$997
-0.1%
36
24.1%
33
115.8%
San Bruno
$1,188,999
2.2%
$1,200,000
1.3%
$1,798,888
$833
0.0%
187
-10.1%
20
-0.4%
San Carlos
$2,107,203
1.2%
$1,900,000
-3.3%
$4,035,000
$1,098
-1.2%
269
-3.6%
20
32.1%
San Gregorio
$1,800,000
41.1%
$1,800,000
41.1%
$1,800,000
$1,800
210.4%
1
0.0%
48
500.0%
San Mateo
$1,675,060
-5.2%
$1,550,000
-3.1%
$5,800,000
$993
-3.8%
536
-10.8%
22
24.8%
So. San Francisco
$1,114,923
-1.2%
$1,085,000
-1.4%
$2,201,000
$788
0.3%
225
-14.8%
17
-2.6%
Woodside
$3,612,339
-18.8%
$2,538,500
-22.2%
$16,750,000
$1,071
-8.9%
64
0.0%
61
-8.0%
San Mateo Co.
$1,955,449
-0.1%
$1,560,000
-1.0%
$25,000,000
$984
-0.7%
3967
-4.2%
26
23.0%
C ON D O S Average Sale Price San Mateo Co.
$1,006,184
-3.2%
Median Sale Price $929,000
-1.4%
High Sale $4,000,000
Avg Price/SF $809
-1.7%
# of Sales 1263
2.7%
DOM 28
59.0%
†No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 33
SANTA CLARA COUNTY Santa Clara
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $1,400K
2014 2015
2016
2017
2018
2019
$1,241,200 $1,050K $700K $350K
Q
Q 4
20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 3400
2014
2015 3358
2016
3100
2017
3181 2796
2484
2447
2550
1927
1700
1775
2587 1872
3258
2018
2019
3127
3078 2468 1939
2808
2581 2161
2541 2237
1726
850
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
34 | 2020 Market Report, 2019 Data
S A N TA C L A R A C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Alviso
2019 $888,000
±%
Median Sale Price 2019
3.8%
$888,000
High Sale
±%
2019
3.8%
$888,000
Avg Price/SF 2019 $450
# of Sales
±%
2019
DOM
±%
2019
±%
-10.0%
1
-50.0%
18
-25.0%
Campbell
$1,480,539
-3.1%
$1,386,000
-7.6%
$2,950,000
$851
-6.7%
243
-12.6%
29
60.8%
Cupertino
$2,301,168
-5.6%
$2,250,000
-5.7%
$4,475,000
$1,151
-6.9%
245
5.6%
25
45.1%
Gilroy
$862,448
-0.2%
$782,000
-0.4%
$2,650,000
$405
0.2%
509
-6.6%
37
50.5%
Los Altos
$3,477,924
-5.4%
$3,284,000
-3.4%
$9,498,000
$1,377
-8.4%
306
11.7%
24
56.6%
Los Altos Hills
$4,499,587
-11.7%
$4,200,000
-13.4%
$8,798,800
$1,291
4.9%
51
-25.0%
54
6.2%
Los Gatos
$2,332,852
1.0%
$2,195,000
1.6%
$6,995,000
$911
-2.7%
355
-6.6%
40
12.0%
Milpitas
$1,127,495
-6.1%
$1,090,000
-7.2%
$2,050,000
$712
-4.4%
273
-7.8%
26
39.2%
Monte Sereno
$3,349,918
-3.5%
$3,125,000
-5.3%
$7,150,000
$1,052
-0.1%
42
13.5%
43
66.5%
Morgan Hill
$1,124,409
1.9%
$1,025,000
1.5%
$2,749,000
$470
-0.3%
453
-1.3%
36
41.8%
$575,000
*
$575,000
*
$575,000
$301
*
1
*
—
*
Mount Hamilton Mountain View
$2,204,331
-7.5%
$2,126,500
-9.5%
$4,343,000
$1,325
-6.5%
224
-1.3%
21
43.4%
Palo Alto
$3,476,577
-7.9%
$3,080,000
-3.8%
$13,000,000
$1,641
-9.1%
330
-3.8%
30
67.1%
San Jose
$1,187,828
-5.5%
$1,100,000
-6.4%
$3,600,000
$699
-5.6%
4897
-5.8%
27
48.5%
San Martin
$1,232,137
-6.4%
$1,125,000
-11.1%
$3,608,000
$559
-3.8%
37
-24.5%
37
-5.8%
Santa Clara
$1,387,149
-8.8%
$1,357,500
-9.2%
$2,450,000
$915
-9.6%
544
-1.1%
24
42.2%
Saratoga
$2,938,526
-4.3%
$2,697,500
-4.3%
$7,785,000
$1,042
-4.7%
276
6.6%
42
28.9%
Stanford
$2,689,390
3.4%
$2,600,000
-0.9%
$4,250,900
$1,024
-15.6%
10
66.7%
71
463.7%
Sunnyvale
$1,749,808
-7.4%
$1,730,000
-8.1%
$4,875,000
$1,094
-9.1%
515
-14.7%
22
38.6%
Santa Clara Co.
$1,550,780
-4.4%
$1,260,000
-5.6%
$13,000,000
$816
-5.6%
9312
-5.1%
29
43.9%
C ON D O S Condos Santa Clara Co.
Average Sale Price $891,159
-6.5%
Median Sale Price $825,000
-7.1%
High Sale $4,330,000
Avg Price/SF $680
-9.4%
# of Sales 3747
-2.3%
DOM 34
104.2%
*No sales recorded for 2018. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 35
SANTA CRUZ COUNTY Santa Cruz
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $1,000K
2014 2015
2016
2017
2018
2019
$884,500 $750K $500K $250K
Q
Q 4
20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 700
2014
2015
2016
2017
2018
595 616
525
445
443 356
350
494 515
477 496
416 323
327
544
2019
528 508
457
431 340
482 421
284
175
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
36 | 2020 Market Report, 2019 Data
S A N TA C RUZ C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Aptos
2019
±%
$1,174,301
-2.8%
Median Sale Price 2019
±%
$1,000,000
-2.0%
High Sale 2019
Avg Price/SF 2019
$6,000,000
$615
±% -3.1%
# of Sales 2019
±%
233
-17.1%
DOM 2019 52
±% 29.9%
Ben Lomond
$777,998
-1.0%
$762,500
-3.4%
$1,420,000
$503
2.7%
64
-32.6%
32
16.1%
Boulder Creek
$606,222
-5.3%
$585,000
-5.6%
$1,490,000
$461
0.5%
139
-6.1%
48
16.9%
Brookdale Capitola
$728,439
6.1%
$665,000
-1.9%
$1,239,000
$480
3.8%
9
-18.2%
27
-17.4%
$1,349,365
11.6%
$1,150,000
9.4%
$6,150,000
$874
1.7%
63
26.0%
45
-4.0%
Corralitos
$1,018,125
1.5%
$1,044,000
24.3%
$2,000,000
$477
12.8%
16
33.3%
35
-32.6%
Davenport
$603,800
-44.1%
$603,800
-45.1%
$949,000
$754
7.4%
2
-60.0%
83
137.1%
Felton
$654,298
-3.4%
$647,000
-0.9%
$1,450,000
$497
-5.4%
96
-15.8%
34
-4.7%
$584,115
10.4%
$595,000
12.3%
$740,000
$478
12.3%
13
-27.8%
27
-25.2%
Freedom La Selva Beach
$1,388,693
-7.9%
$1,025,000
2.4%
$3,400,000
$754
23.8%
7
-73.1%
65
-6.9%
Los Gatos
$1,182,424
-2.5%
$1,205,000
-2.6%
$2,160,000
$525
0.1%
54
-10.0%
69
13.9%
Mount Hermon
$679,062
6.7%
$660,000
14.8%
$900,000
$485
11.0%
8
-20.0%
19
-76.8%
Santa Cruz
$1,181,099
1.4%
$998,375
-2.8%
$9,702,000
$690
-5.6%
554
-1.9%
45
25.7%
Scotts Valley
$1,084,521
-3.7%
$1,032,500
-1.9%
$2,350,000
$522
1.5%
120
-1.6%
34
36.3%
†
†
†
Seacliff Soquel Watsonville Santa Cruz Co.
†
†
†
†
†
†
†
†
$1,174,373
3.3%
$965,000
2.0%
$4,250,000
$549
-6.5%
73
17.7%
51
103.9%
$697,241
5.1%
$625,000
2.0%
$3,637,500
$437
4.1%
193
-14.6%
48
36.7%
$1,016,369
1.1%
$890,000
0.6%
$9,702,000
$589
-1.1%
1644
-9.0%
45
21.8%
C ON D O S Condos Santa Cruz Co.
Average Sale Price $623,814
1.9%
Median Sale Price $596,300
-0.5%
High Sale $2,090,000
Avg Price/SF $528
-1.0%
# of Sales 468
7.8%
DOM 43
9.8%
For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS.
†No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 37
SOLANO COUNTY Solano
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $460K
2014 2015
2016
2017
2018
2019
$460,000
$345K $230K $115K
Q
Q 4
20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1600
2014
1200 1056
2015
1502 1476
923
800
2016
2017
1381 1204 1050
1461
2018
1398 1407
1296
1229 1015
2019
1323
1000
1264
1249
1361 1019
990 827
400
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
38 | 2020 Market Report, 2019 Data
S OL A NO C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Benicia
2019 $681,802
±%
Median Sale Price 2019
-3.6%
$657,000
±%
High Sale 2019
-2.7%
$1,275,000
Avg Price/SF 2019 $352
±%
# of Sales 2019
±%
0.1%
243
-0.8%
DOM 2019
±%
67
36.1%
Dixon
$467,637
-0.2%
$450,000
1.1%
$1,780,000
$251
-0.6%
214
-3.2%
57
43.5%
Elmira
$415,000
-11.7%
$415,000
-11.7%
$415,000
$436
59.2%
1
0.0%
64
45.5%
Fairfield
$497,568
-2.5%
$470,000
0.8%
$2,100,000
$265
1.5%
1217
-5.2%
57
10.5%
Rio Vista
$387,006
2.1%
$375,000
1.4%
$1,300,000
$239
3.7%
239
8.1%
73
17.7%
Suisun City
$416,445
2.7%
$413,500
3.4%
$785,000
$265
3.5%
297
5.3%
46
15.5%
Vacaville
$496,874
2.5%
$469,000
3.1%
$1,800,000
$277
1.5%
1219
1.3%
52
11.4%
Vallejo
$439,345
0.5%
$424,500
1.1%
$1,074,976
$294
1.8%
1028
-6.1%
54
20.9%
Winters
$631,945
-40.7%
$662,499
-26.4%
$875,000
$333
-33.4%
11
10.0%
112
51.6%
Solano Co.
$481,578
-0.3%
$450,000
1.1%
$2,100,000
$278
1.4%
4469
-2.0%
56
16.8%
C ON D O S Average Sale Price Solano Co.
$304,562
0.3%
Median Sale Price $275,000
-5.2%
High Sale $695,000
Avg Price/SF $271
1.7%
# of Sales 383
-5.4%
DOM 50
24.9%
For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS.
Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 39
SONOMA COUNTY Sonoma
5 Y E A R T R E N D : M E DI A N S A L E PR IC E 4 quarter rolling average $700K
2014 2015
2016
2017
2018
2019
$650,000
$525K $350K $175K
Q
Q 4
20 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 16 Q 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 17 Q 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 18 Q 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
$0K
5 Y E A R T R E N D : # OF HOM E S S OL D 4 quarter rolling average 1400
2014
2015
1320
1129
1050 794
700
1397
2016
1285
1197
2017
1350 1107
880
1298
1363
2018
2019
1213 1232
1202
1051 842
1231 1276 1048
894 725
350
Q 4
20 Q 14 12 01 5 Q 2 20 15 Q 3 20 Q 15 4 20 Q 15 12 01 6 Q 2 20 16 Q 3 20 Q 16 4 20 Q 16 12 01 7 Q 2 20 17 Q 3 20 Q 17 4 20 Q 17 12 01 8 Q 2 20 18 Q 3 20 Q 18 4 20 Q 18 12 01 9 Q 2 20 19 Q 3 20 Q 19 4 20 19
0
40 | 2020 Market Report, 2019 Data
S ONOM A C OU N T Y S A L E S BY C I T Y · 2 01 9 SI NG L E FA M I LY HOM E S Average Sale Price City Annapolis Asti Bodega Bodega Bay Boyes Hot Springs
2019
±%
$610,000
Median Sale Price 2019
*
High Sale
±%
$610,000
2019 *
Avg Price/SF 2019
$610,000
$452
# of Sales
±%
2019 *
DOM
±% 1
2019 *
±%
194
*
$705,420
*
$705,420
*
$705,420
$445
*
1
*
20
*
$1,300,000
-52.9%
$1,300,000
-52.9%
$1,300,000
$467
-47.0%
1
-50.0%
621
-2.3%
$983,073
-5.3%
$940,000
-3.8%
$1,700,000
$550
5.8%
51
-13.6%
95
-6.4%
†
†
†
†
†
†
†
†
†
†
†
Camp Meeker
$348,750
-23.2%
$365,000
-14.6%
$425,000
$409
10.6%
4
-50.0%
86
6.1%
Cazadero
$738,512
44.7%
$483,000
-4.1%
$4,900,000
$514
4.0%
20
-16.7%
145
117.7%
Cloverdale
$587,404
-9.8%
$560,000
-2.9%
$1,965,000
$348
-4.0%
124
-8.8%
93
35.4%
Cotati
$642,917
-4.2%
$605,000
-3.7%
$1,250,000
$411
-4.2%
67
-27.2%
64
77.1%
$425,000
-15.4%
$425,000
-15.4%
$425,000
$316
-55.8%
1
-50.0%
28
-29.1%
Duncans Mills El Verano Forestville Fort Ross
† $571,375 †
†
†
-6.2% †
$507,500 †
†
†
-5.5% †
$1,700,000 †
† $419 †
†
†
-10.3% †
66
†
†
-30.5%
†
†
78
† 30.0%
†
†
Freestone
$872,000
*
$872,000
*
$872,000
$525
*
1
*
16
*
Fulton
$958,250
66.7%
$743,000
29.2%
$1,740,000
$557
40.5%
4
100.0%
39
9.9%
Geyserville
$1,721,054
-2.0%
$875,000
-35.9%
$6,750,000
$790
14.1%
13
-27.8%
151
19.6%
Glen Ellen
$1,099,370
-28.2%
$1,029,500
-2.0%
$2,345,000
$678
-7.0%
25
-24.2%
88
-30.8%
$686,667
-2.6%
$730,000
6.6%
$845,000
$515
12.0%
9
0.0%
73
4.8%
Graton Guerneville
$496,162
-3.6%
$460,500
-2.0%
$1,260,000
$424
-5.1%
122
8.0%
69
7.6%
Healdsburg
$1,227,600
-3.2%
$837,500
-7.5%
$6,725,000
$621
-4.1%
182
-6.2%
106
22.7%
Jenner Kenwood Monte Rio
$603,786
-22.9%
$510,000
-36.6%
$1,072,500
$516
6.1%
7
-41.7%
166
-5.4%
$1,767,375
3.1%
$1,117,500
-18.4%
$5,120,000
$595
-11.9%
12
-20.0%
168
83.3%
$561,109
-3.5%
$480,000
-9.0%
$1,460,000
$452
-4.7%
25
-21.9%
53
12.0%
Occidental
$1,281,640
0.3%
$1,028,500
7.7%
$4,000,000
$562
-3.6%
20
42.9%
120
-19.2%
Penngrove
$1,041,805
2.3%
$1,034,500
5.6%
$2,035,000
$514
-3.8%
38
-2.6%
69
-0.6%
Petaluma
$813,656
-6.0%
$730,000
-2.7%
$2,900,000
$453
-5.4%
572
10.2%
50
10.3%
Rio Nido
$264,473
*
$264,473
*
$331,946
$351
*
2
*
35
*
Rohnert Park
$600,761
0.0%
$590,500
-1.1%
$860,000
$355
-3.9%
268
5.9%
54
28.9%
Santa Rosa
$705,081
-5.2%
$607,000
-2.9%
$8,650,000
$403
-2.9%
1709
-2.5%
67
26.3%
Sebastopol
$1,008,818
-3.3%
$870,000
0.6%
$3,550,000
$553
1.1%
223
3.7%
66
-6.8%
Sonoma
$1,158,279
-1.7%
$808,000
-4.6%
$14,000,000
$591
-2.0%
337
-10.8%
72
12.3%
$917,540
-5.8%
$790,000
-7.1%
$2,325,000
$542
3.2%
77
-11.5%
100
-20.4%
$1,032,450
103.0%
$658,350
33.0%
$2,552,000
$494
18.2%
6
100.0%
214
24.5%
The Sea Ranch Timber Cove Valley Ford Villa Grande
† $406,000
†
†
†
†
*
$406,000
*
$406,000
†
†
$423
† *
†
1
† *
†
27
*
Windsor
$698,516
-3.0%
$656,000
-0.6%
$2,345,000
$387
-2.6%
292
4.3%
59
26.8%
Sonoma Co.
$794,394
-4.8%
$653,900
-2.4%
$14,000,000
$447
-3.3%
4281
-2.5%
69
16.0%
C ON D O S Average Sale Price Sonoma Co.
$393,992
-7.5%
Median Sale Price $365,000
-8.7%
High Sale $949,000
Avg Price/SF $345
-3.8%
# of Sales 539
-8.6%
DOM 68
36.2%
For information on Farm, Ranch and Vineyard properties, please contact your agent directly for the most current and relevant comparison pricing. These are complex properties and are now featured in multiple locations in the MLS. *No sales recorded for 2018. †No sales recorded for 2019. Data sourced from local MLS and deemed to be reliable, brokerage cannot verify data or guarantee accuracy. Data that appeared to be incorrect was not included in the calculations.
2020 Market Report, 2019 Data | 41
SELECTION OF SIGNIFIC A NT
LISTING SA LES 2019
A LAMO
$3,925,000
B E LV E D E R E
$5,200,000
B E LV E D E R E
$5,925,000
BER K ELEY
$3,625,000
DA N V ILLE
$3,525,000
DI A BLO
$6,400,000
42 | 2020 Market Report, 2019 Data
SELECTION OF SIGNIFIC A NT
LISTING SA LES 2019
KENTFIELD
$7,350,000
KENTFIELD
L O S A LT O S
$7,200,000
N A PA
$4,100,000
OA K L A ND
$3,100,000
PA L O A LT O
$9,450,000
$10,500,000
2020 Market Report, 2019 Data | 43
SELECTION OF SIGNIFIC A NT
LISTING SA LES 2019
PA L O A LT O
SAINT HELENA
SAN FR ANCISCO 44 | 2020 Market Report, 2019 Data
ROSS
$4,850,000
$4,119,000
SAN FR ANCISCO
$6,650,000
$4,250,000
SAN FR ANCISCO
$4,700,000
$8,700,000
SELECTION OF SIGNIFIC A NT
LISTING SA LES 2019
SA NTA CRUZ
$23,750,000
S A N R A FA E L
$3,900,000
$8,500,000
STINSON BE ACH
$5,650,000
TIBURON
TIBURON
$7,400,000
WOODSIDE
$22,000,000
2020 Market Report, 2019 Data | 45
V I S I T U S AT
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46 | 2020 Market Report, 2019 Data