San Francisco, CA | web: 0087269 Photography by Aaron Leitz
San Francisco Market Update First Quarter 2015 SAN FRANCISCO BROKERAGE 117 Greenwich Street San Francisco, CA 94111 t. 415.901.1700
sothebyshomes.com
All data within this document is pulled from the San Francisco MLS.
A MESSAGE FROM OUR MANAGER: Jeffrey G. Gibson In the first quarter of 2015, San Francisco’s real estate market echoed the same familiar themes of 2014, according to our analysis of data from the San Francisco Multiple Listing Service. In 2014, a low and diminishing inventory set the tone for the entire market. This trend continued into the first quarter of 2015, as the inventory shortage made an impact on the number of closed sales for both single-family homes and condominiums. Total sales for single-family home sales decreased 14.4 percent in Q1 2015, with 466 units closed in Q1 2014 down to 399 units closed in Q1 2015. Condominiums saw a similar drop in total sales, from 668 units sold in Q1 2014 to 562 units sold in Q1 2015, a 15.9 percent drop year-over-year.
Jeffrey G. Gibson SAN FRANCISCO BROKERAGE 117 Greenwich Street San Francisco, CA 94111 t. 415.901.1700
In the first quarter of 2015, San Francisco’s real estate market echoed the same familiar themes of 2014, according to our analysis of data from the San Francisco Multiple Listing Service. In 2014, a low and diminishing inventory set the tone for the entire market. This trend continued into the first quarter of 2015, as the inventory shortage made an impact on the number of closed sales for both single-family homes and condominiums. Total sales for single-family home sales decreased 14.4 percent in Q1 2015, with 466 units closed in Q1 2014 down to 399 units closed in Q1 2015. Condominiums saw a similar drop in total sales, from 668 units sold in Q1 2014 to 562 units sold in Q1 2015, a 15.9 percent drop year-over-year. sothebyshomes.com/sanfrancisco
Q1 TOTAL CLOSED SALES (SINGLE FAMILY HOMES) 2011
2012
2013
2014
2015
500
535
497
466
399
DISTRICT 1
33
45
39
36
33
DISTRICT 4
52
55
64
63
50
DISTRICT 5
66
72
72
70
60
DISTRICT 6
5
10
6
13
4
DISTRICTS 7 AND 8
25
28
23
23
21
DISTRICT 9
43
46
54
39
57
SAN FRANCISCO (TOTAL)
600
500
400
300
200
100
0
2011
2012
2013
2014
2015
Source: SFARMLS - January 1-March 31 each year.
Q1 TOTAL CLOSED SALES (CONDOS) 2011
2012
2013
2014
2015
SAN FRANCISCO (TOTAL)
577
608
633
668
562
DISTRICT 1
26
42
37
22
20
400
DISTRICT 4
12
14
12
11
9
300
DISTRICT 5
91
84
93
111
94
200
DISTRICT 6
46
56
65
69
63
DISTRICTS 7 AND 8
160
197
179
188
138
DISTRICT 9
189
174
211
238
212
700
600
500
100
0
2011
2012
2013
2014
2015
Source: SFARMLS - January 1-March 31 each year.
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DISTRICT 1
SINGLE FAMILY HOME SALES ABOUT DISTRICT 1 Also known as the Richmond District, District 1 is nestled on the Northwest corner of San Francisco. Home to many distinct neighborhoods, including Jordan Park, Lake, Laurel Heights, Outer Richmond, Central Richmond, Inner Richmond, and Sea Cliff, the district borders both the Golden Gate Park and the Pacific Ocean. In District 1, residents and visitors alike can enjoy some fun in the park, or sit back and gaze upon the vast ocean.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
160 $4,000,000
140
$3,500,000
120
$3,000,000 $2,500,000
100
$2,000,000
80
$1,500,000
60
$1,000,000
40
$500,000
20
$2011
2012 San Francisco
2013
2014
0
2015
2011
District 1
2012
2013
San Francisco
2014
2015
District 1
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$1,149,651
$1,055,790
$1,519,283
$1,454,374
$1,790,391
23.1%
AVERAGE SOLD PRICE
$1,132,584
$1,069,875
$1,587,079
$1,567,467
$1,937,520
23.6%
AVERAGE DAYS ON MARKET
76
57
36
39
19
-51.9%
TOTAL SINGLE FAMILY HOMES SOLD
33
45
39
36
33
-8.3%
SINGLE FAMILY HOMES | Q1
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
4
DISTRICT 1
CONDOMINIUM SALES Q1 MARKET OVERVIEW
In District 1, the number of single-family homes closed fell to 33 units in Q1 2015, the lowest total seen since Q1 2011. This shortage of available single-family homes cultivated fierce competition throughout the district. When compared to rest of the city, a single-family home in District 1 saw the average sales price climb just shy of $2 million ($1.94 million) in Q1 2015, a 23.6 percent growth from $1.57 million averaged in Q1 2014. Due to the heightened competition, properties remained on the market in half the time when compared to last quarter. A single-family home stayed on the market an average of 19 days in Q1 2015, less than three weeks, compared to an average of 39 days in Q1 2014. Condominiums in the district followed the similar trends when comparing Q1 2014 to Q1 2015. In Q1 2015, total sales reached new lows with 20 condominiums sold at an average sales price of $1.14 million, a 6.9 percent increase from Q1 2014.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$1,400,000
90 80
$1,200,000
70 $1,000,000
60 $800,000
50 40
$600,000
30
$400,000
20 $200,000
$-
10
2011
2012
San Francisco
2013
2014
0
2015
2011
District 1
2012
2013
San Francisco
2014
2015
District 1
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$645,840
$657,498
$731,889
$994,727
$1,055,850
6.1%
AVERAGE SOLD PRICE
$644,144
$658,214
$766,459
$1,068,448
$1,141,975
6.9%
AVERAGE DAYS ON MARKET
75
76
55
46
38
-15.6%
TOTAL CONDOS SOLD
26
42
37
22
20
-9.1%
CONDOMINIUMS | Q1
5
DISTRICT 4
SINGLE FAMILY HOME SALES ABOUT DISTRICT 4 District 4, also referred to as West of Twin Peaks is located in a heavily wooded and picturesque area of San Francisco. District 4 encompasses 16 neighborhoods: Balboa Terrace, Diamond Heights, Forest Hill, Forest Hill Extension, Forest Knolls, Ingleside Terrace, Midtown Terrace, Miraloma Park, Monterey Heights, Mount Davidson Manor, Sherwood Forest, St. Francis Wood, Sunnyside, West Portal, Westwood Highlands and Westwood Park.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$1,800,000
80
$1,600,000
70
$1,400,000
60
$1,200,000
50
$1,000,000
40
$800,000
30
$600,000 $400,000
20
$200,000
10
$-
2011
2012
San Francisco
2013
2014
0
2015
2011
District 4
2012
2013
San Francisco
2014
2015
District 4
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$889,055
$871,634
$1,080,119
$1,163,193
$1,299,948
11.8%
AVERAGE SOLD PRICE
$892,997
$863,793
$1,159,538
$1,288,624
$1,420,388
10.2%
AVERAGE DAYS ON MARKET
68
65
36
32
35
10.3%
TOTAL SINGLE FAMILY HOMES SOLD
52
55
64
63
50
-20.6%
SINGLE FAMILY HOMES | Q1
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
6
DISTRICT 4
CONDOMINIUM SALES Q1 MARKET OVERVIEW
District 4 was one of the few areas in the city that saw a decrease in average sales price for condominiums. The average sales price for condominiums fell 2.7 percent, from $636,455 in Q1 2014 to $619,000 in Q1 2015—the first decrease seen in the first quarter in several years. However, the average sales price for single-family homes continued to climb, but stayed below the city’s overall price, averaging $1.42 million in Q1 2015, a 10.2 percent increase from Q1 2014. The lack of inventory in the district affected the total number of sales for both single-family homes and condominiums. Sales of single-family homes decreased 20.6 percent in Q1 2015, falling to 50 total units closed in Q1 2015 compared to 63 units closed in Q1 2014. The total number of condominiums sold also dropped, falling to 9 units closed in Q1 2015 compared to Q1 2014.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$1,400,000
120
$1,200,000
100
$1,000,000
80
$800,000 60
$600,000 40
$400,000 20
$200,000
$-
0
2011
2012
San Francisco
2013
2014
2015
2011
District 4
2012
2013
2014
San Francisco
2015
District 4
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$385,862
$419,236
$485,490
$593,636
$557,211
-6.1%
AVERAGE SOLD PRICE
$376,587
$408,539
$509,606
$636,455
$619,000
-2.7%
AVERAGE DAYS ON MARKET
75
104
69
22
24
8.1%
TOTAL CONDOS SOLD
12
14
12
11
9
-18.2%
CONDOMINIUMS | Q1
7
DISTRICT 5
SINGLE FAMILY HOME SALES ABOUT DISTRICT 5 District 5, commonly known as the Central District, is in the geographic center of San Francisco. The sunny region, with its charm and vitality, is popular with both tourists and residents. The district is home to the neighborhoods of Ashbury Heights, Buena Vista Park, Clarendon Heights, Corona Heights, Cole Valley, Castro, Dolores Heights, Duboce Triangle, Glen Park, Haight Ashbury, Noe Valley, Twin Peaks and Mission Dolores.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$2,500,000
80 70
$2,000,000
60 50
$1,500,000
40
$1,000,000
30 20
$500,000
10
$-
2011
2012
2013
2014
0
2015
2011
2012
2013
2014
2015
San Francisco
District 5
SINGLE FAMILY HOMES | Q1
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$1,481,464
$1,560,067
$1,735,429
$2,057,756
$2,136,633
3.8%
AVERAGE SOLD PRICE
$1,445,359
$1,572,205
$1,807,085
$2,261,461
$2,366,872
4.7%
AVERAGE DAYS ON MARKET
66
64
39
27
22
-15.9%
TOTAL SINGLE FAMILY HOMES SOLD
66
72
72
70
60
-14.3%
San Francisco
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
District 5
8
DISTRICT 5
CONDOMINIUM SALES Q1 MARKET OVERVIEW
After floating around 70 or more total sales in the first quarter of the past few years, the total number of single-family homes sold fell to 60 units in the District 5. Buyers and sellers in the district continued to close their deals at a much faster rate, with the average days on market falling to 22 days in Q1 2015, below the citywide average. The average sales price also grew to $2.37 million in Q1 2015, a 4.7 percent increase when compared to Q1 2014. In Q1 2015, a total of 94 condominiums were sold on the market in District 5. This was a 15.3 percent drop from the 111 units sold in Q1 2014, and balancing to a similar total of 93 units closed in Q1 2013. The average sales price for a condominium rose to $1.18 million, a 7.6 percent growth from Q1 2014.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$1,400,000
90 80
$1,200,000
70 $1,000,000
60
$800,000
50 40
$600,000
30 $400,000
20 10
$200,000
$-
0 2011
2012
San Francisco
2013
2014
2015
2011
District 5
2012
2013
2014
San Francisco
2015
District 5
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$773,448
$865,389
$836,464
$1,000,168
$1,039,424
3.9%
AVERAGE SOLD PRICE
$768,453
$878,260
$900,531
$1,098,284
$1,181,368
7.6%
AVERAGE DAYS ON MARKET
78
64
48
27
30
10.2%
TOTAL CONDOS SOLD
91
84
93
111
94
-15.3%
CONDOMINIUMS | Q1
9
DISTRICT 6
SINGLE FAMILY HOME SALES ABOUT DISTRICT 6 District 6, also referred to as the Central North, is a vibrant area with easy access to public transportation, trendy boutiques, excellent restaurants and gorgeous City views. The neighborhoods that encompass District 6 include Alamo Square, Hayes Valley, Western Addition, Lower Pacific Heights, Anza Vista and North Panhandle (NoPa). Homes vary from stunning mansions and Victorian houses to quaint single family homes and chic condominiums.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$3,000,000
80 70
$2,500,000
60 $2,000,000 50 $1,500,000
40 30
$1,000,000
20 $500,000
$-
10 0 2011
2012
San Francisco
2013
2014
2015
2011
District 6
2012
2013
San Francisco
2014
2015
District 6
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$1,423,990
$1,175,400
$2,423,667
$1,980,846
$1,501,750
-24.2%
AVERAGE SOLD PRICE
$1,471,590
$1,163,000
$2,390,833
$2,054,202
$1,501,750
-26.9%
AVERAGE DAYS ON MARKET
32
62
54
47
11
-77.2%
TOTAL SINGLE FAMILY HOMES SOLD
5
10
6
13
4
-69.2%
SINGLE FAMILY HOMES | Q1
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
10
DISTRICT 6
CONDOMINIUM SALES Q1 MARKET OVERVIEW
A diminished inventory reflected in moderate single-family home sales in District 6. Four single-family homes closed on the market in the district, the lowest total seen since Q1 2011. However, when comparing the total sold over the last few years, that number has erratically shifted from high to low totals in the first quarter. Condominiums fared much better in the district as the average sales price rose 19.7 percent from Q1 2014 to Q1 2015, finally reaching the million dollar mark ($1.03 million) in Q1 2015. Buyers in District 6 quickly closed deals on condominiums in Q1 2015, as the average days on market fell to 30 days, a 38.9 percent drop from the 50 day average set in Q1 2014. There were 63 condominiums sold on the market in Q1 2015, 8.3 percent drop from the 69 units sold in Q1 2014.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$1,400,000
100 90
$1,200,000
80 $1,000,000
70 60
$800,000
50 $600,000
40 30
$400,000
20 10
$200,000
0 $-
2011
2012
San Francisco
2013
2014
2011
2012
2013
2014
2015
2015
District 6
San Francisco
District 6
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$629,539
$669,533
$704,877
$788,635
$925,821
17.4%
AVERAGE SOLD PRICE
$621,228
$667,729
$735,851
$858,002
$1,027,052
19.7%
AVERAGE DAYS ON MARKET
95
80
43
50
30
-38.9%
TOTAL CONDOS SOLD
46
56
65
69
63
-8.7%
CONDOMINIUMS | Q1
11
DISTRICTS 7 and 8
SINGLE FAMILY HOME SALES ABOUT DISTRICTS 7 and 8 Districts 7 and 8 host some of the most impressive homes in the city. District 7 includes Cow Hollow, the Marina, Pacific Heights and Presidio Heights neighborhoods. The Golden Gate Bridge and the San Francisco Bay are to the north and downtown is to the east, making it ideal for both work and recreation. District 8 includes the business and financial center of San Francisco and serves as a popular tourist destination. Residential neighborhoods include North Beach, Russian Hill, Nob Hill, Telegraph Hill and North Waterfront.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$6,000,000
90 80
$5,000,000
70
$4,000,000
60 50
$3,000,000
40
$2,000,000
30 20
$1,000,000
10
$-
2011
2012
San Francisco
2013
2014
0
2015
2011
Districts 7 & 8
2012
2013
San Francisco
2014
2015
Districts 7 & 8
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$3,407,880
$3,939,830
$4,041,261
$4,392,130
$4,712,286
7.3%
AVERAGE SOLD PRICE
$3,249,780
$3,753,589
$3,923,000
$4,349,217
$4,963,167
14.1%
AVERAGE DAYS ON MARKET
84
63
59
18
19
7.6%
TOTAL SINGLE FAMILY HOMES SOLD
25
28
23
23
21
-8.7%
SINGLE FAMILY HOMES | Q1
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
12
DISTRICTS 7 and 8
CONDOMINIUM SALES Q1 MARKET OVERVIEW
In the first quarter of 2013 and 2014, the total number of single-family homes sold in Districts 7 and 8 remained steady at 23 units sold. A continued shortage of inventory in both districts in Q1 2015 resulted in the number to fall to 21 units sold. This fuelled buyers and sellers to drive prices higher for the homes that did enter the market. Single-family homes sold in both districts had averaged some of the highest sale prices in the city in Q1 2015, moving up just shy of $5 million ($4.93 million). Inventory also played a big part in condominium sales both districts. After a climbing to 188 condominiums sold in Q1 2014, the number of units closed in Q1 2015 fell 26.6 percent with 138 units sold. This strong demand helped the average sales price to grow 24.2 percent, from $1.27 million in Q1 2014 to $1.56 million in Q1 2015,
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$1,800,000
100
$1,600,000
90 80
$1,400,000
70
$1,200,000
60
$1,000,000
50
$800,000
40
$600,000
30
$400,000
20 10
$200,000 $-
0
2011
2012
San Francisco
2013
2014
2015
2011
Districts 7 & 8
2012
2013
San Francisco
2014
2015
Districts 7 & 8
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$905,495
$868,097
$1,059,758
$1,224,432
$1,471,214
20.2%
AVERAGE SOLD PRICE
$869,126
$860,665
$1,075,525
$1,256,789
$1,561,352
24.2%
AVERAGE DAYS ON MARKET
92
87
52
43
34
-21.7%
TOTAL CONDOS SOLD
160
197
179
188
138
-26.6%
CONDOMINIUMS | Q1
13
DISTRICT 9
SINGLE FAMILY HOME SALES ABOUT DISTRICT 9 District 9, the central-eastern portion of San Francisco includes the neighborhoods Bernal Heights, the Central Waterfront/Dogpatch, Inner Mission, Mission Bay, Potrero Hill, South Beach and South of Market (SoMa). The area includes some of the oldest homes in San Francisco, having escaped the 1906 earthquake and fire destruction. District 9’s real estate includes cottages, bungalows and single-family homes in Bernal Heights and Potrero Hill, and warehouse-converted lofts and condominiums in SoMa, South Beach and Yerba Buena.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$1,800,000
80
$1,600,000
70
$1,400,000 60
$1,200,000 50
$1,000,000
40
$800,000
30
$600,000 $400,000
20
$200,000
10
$-
2011
2012
San Francisco
2013
2014
0
2015
2011
District 9
2012
2013
San Francisco
2014
2015
District 9
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$794,036
$716,002
$839,914
$1,069,872
$1,311,024
22.5%
AVERAGE SOLD PRICE
$794,904
$729,541
$921,231
$1,221,510
$1,490,329
22.0%
AVERAGE DAYS ON MARKET
68
61
42
35
25
-29.2%
TOTAL SINGLE FAMILY HOMES SOLD
43
46
54
39
57
46.2%
SINGLE FAMILY HOMES | Q1
SERVING SAN FRANCISCO, MARIN, THE PENINSULA AND EAST BAY sothebyshomes.com/sanfrancisco
14
DISTRICT 9
CONDOMINIUM SALES Q1 MARKET OVERVIEW
Bucking trends seen in the rest of the city, District 9 saw the total number of single-family homes grow 46.2 percent from 39 units sold in Q1 2014 to 57 units sold in Q1 2015. Even with a spike in total sales, the average sales price for a single-family home increased 22 percent in Q1 2015 to $1.49 million compared to Q1 2014. Strong demand kept a single-family home on the market an average of 25 days in Q1 2015, a 29.2 percent drop from the 35 day average in Q1 2014. While there was growth in total sales for single-family homes, condominiums in District 9 were affected by the inventory shortage. Total sales of condominiums fell 10.9 percent, decreasing from 238 units sold in Q1 2014 to 212 units sold in Q1 2015. Like the rest of the city, the shrinking number of condominiums on the market helped the average sales price rise to $1.17 million in Q1 2015.
AVERAGE SALES PRICE
AVERAGE DAYS ON MARKET
$1,400,000
90 80
$1,200,000
70 $1,000,000
60
$800,000
50 40
$600,000
30 $400,000
20 10
$200,000
$-
0 2011
2012
San Francisco
2013
2014
2015
2011
District 9
2012
2013
2014
San Francisco
2015
District 9
2011
2012
2013
2014
2015
% Change (2015 v 2014)
AVERAGE LIST PRICE
$724,349
$669,966
$897,367
$960,653
$1,127,584
17.4%
AVERAGE SOLD PRICE
$697,434
$663,727
$912,895
$1,002,487
$1,170,147
16.7%
AVERAGE DAYS ON MARKET
83
82
43
33
36
10.3%
TOTAL CONDOS SOLD
189
174
211
238
212
-10.9%
CONDOMINIUMS | Q1
15
SIGNIFICANT SALES | Q1 2015
PACIFIC HEIGHTS| Web ID: 0087109 | $10,995,000 San Francisco Brokerage | Jon Taylor, Gloria Smith | 415.377.5410
PRESIDIO HEIGHTS| Web ID: 0087113 | $5,200,000 San Francisco Brokerage | Caroline Kahn Werboff | 415.296.2210
BUENA VISTA TERRACE | Web ID: 0087110 | $4,650,000 San Francisco Brokerage | Wendy Storch | 415.519.6091
NOE VALLEY | Web ID: 0087110 | $4,350,000 San Francisco Brokerage | C. Goodman, L. Miller | 415.710.0268
FINANCIAL DISTRICT | Web ID: 0087135 | $3,100,000 San Francisco Brokerage | Gregg Lynn | 415.901.1780
COW HOLLOW | Web ID: 0087101 | $1,925,000 San Francisco Brokerage | Robert Levy | 415.385.8011
Claes Oldenburg, Screwarch Bridge (State III); Aquatint, etching and monoprint in colors, 1981; Estimate $30,000-50,000
AUCTION CALENDAR MAY 2015 Prints & Multiples New York 01-02 May RM Sotheby’s: The Andrews Collection Fort Worth 02 May Impressionist & Modern Art Evening Sale New York 05 May Impressionist & Modern Art Day Sale New York 06 May Finest & Rarest Wines New York 08-09 May Magnificent Jewels & Noble Jewels Geneva 12 May Contemporary Art Evening Auction New York 12 May Important Watches Geneva 13 May Important Chinese Works of Art London 13 May Contemporary Art Day Auction New York 13 May
Sotheby’s | Stack’s Bowers Galleries The D. Brent Pogue Collection of Early United States Coins — Sale 1 New York 19 May Finest & Rarest Wines London 20 May American Art New York 20 May Design Paris 21 May Photographs London 23 May Latin American Art Modern & Contemporary New York 26-27 May Impressionist & Modern Art New York 27 May Music, Continental & Russian Books & Manuscripts London 28 May
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ON THE MARKET
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METROPOLITAN MARKETS NEW YORK, NY | Web: 0019622 | $5,900,000 SAN FRANCISCO, CA | Web: 0087215 | $4,995,000 HOUSTON, TX | Web: 1231794 | $5,800,000 RESORT MARKETS MALIBU, CA | Web: 1300058 | $4,000,000 PALM BEACH, FL | Web: 0076497 | $4,400,000 SANTA BARBARA, CA | Web: 0113858 | $6,295,000 FOREIGN MARKETS GERMANY | Web: J7RDRQ | $5,207,774 ISRAEL | Web: VT8DZ5 | $5,049,995 PEURTO RICO | Web: CE6F6K | $4,750,000 sothebysrealty.com