Marin Market Report Q1 2018

Page 1

Q1 | 2018

Marin

Market Update


UNPRECEDENTED APPROX. 11 ACRE COMPOUND | MARIN-ECOLUXE.COM


Marin County MARKET SNAPSHOT BELVEDERE KENTFIELD MILL VALLEY ROSS SAN RAFAEL SAUSALITO TIBURON


Marin County Market Snapshot

Median vs Units sold 560

$1,400,000 $1,200,000 $5M and Up

Up to $1M

460

$1,000,000

360

$3M - $5M $800,000

260 $600,000 160

$400,000

60

$200,000 $1M - $3M

$-

-40

2014 2015 2016 2017 2018

Sales Volume by Price Category 17% 60% 18 % 5%

Median Sale Price vs. Total Units Sold

Up to $1 Million $1 Million to $3 Million $3 Million to $5 Million Over $5 Million

Median Sale Price Total Units Sold


Q1 2018 Highlights

Marin County

6.0% 5.0%

$5M and Up

Total Units

4.0%

$3M - $5M

3.0% 2.0%

Up to $1M

1.0% 0.0% -1.0% $1M - $3M

Final Sale vs. Original List 1% -1% -1 % 0% 1% 5% -1 %

San Rafael Tiburon Belvedere Mill Valley Kentfield

Sausalito

Ross

Kentfield

Mill Valley

Belvedere

Tiburon

San Rafael

-2.0%

Total Units Sold by Price Category 32% 60% 7%

1%

Under $1 Million $1 Million to $3 Million $3 Million to $5 Million Over $5 Million

Ross Sausalito

Q1 Highlights

/ Marin County Q1 Market Update


at a glance {Q1 | 2018}

BELVEDERE

-18

%

Change in Median Sale Price {2018 vs. 2017}

-20

%

Change in Units Sold {2018 vs. 2017}

4

Units Sold

2.8m

$

Median Sale Price


Belvedere Single Family Homes Sales

Up to $1M units sold - Area Page Sales Volume Total Units Sold Total Volume Area Page by Price Category by Price Category

$5M and up

$5M and up Up to $1M

$1M - $3M $3M - $5M

$3M - $5M

$1M - $3M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Final Sale vs. Original List

Average Days on Market

-18%

-20%

-17%

-

-54%

2018

$2,842,500

4

$1,301

-1%

104

2017

$3,450,000

5

$1,563

-10%

227

2016

$3,512,500

6

$1,838

-3%

238

2015

$3,225,000

8

$1,279

-1%

118

2014

$3,030,000 14

$1,205

-13%

149

Q1 {2018 vs. 2017}

Change

Median Sale Price | Total Units Sold $4,000,000

16

$3,500,000

14

$3,000,000

12

$2,500,000

10

$2,000,000

8

$1,500,000

6

$1,000,000

4

$500,000

2

$-

0

2014

2015

Median Selling Price

2016

2017

2018

Total Units Sold

Belvedere

/ Marin County Q1 Market Update


KentďŹ eld Single Family Homes Sales

Up to $1M units sold - Area Page Sales Volume Total Units Sold Total Volume Area Page by Price Category by Price Category

$5M and up

$5M and up Up to $1M

$5M- $5M and up $3M $5M and up

$3M - $5M

$1M - $3M $1M - $3M

Q1

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Final Sale vs. Original List

Average Days on Market

9%

0%

0%

-

5%

{2018 vs. 2017}

Change 2018

$2,695,000 6

$876

1%

64

2017

$2,476,250

6

$876

2%

61

2016

$1,512,500

4

$937

0%

64

2015

$2,115,000

17

$801

3%

79

2014

$1,785,000

10

$834

3%

49

Median Sale Price | Total Units Sold

$3,000,000

18 16

$2,500,000

14

$2,000,000

12 10

$1,500,000

8

$1,000,000

6 4

$500,000

2

$-

0

2014

2015

Median Selling Price Marin County Q1 Market Update / Kentfield

2016

2017

Total Units Sold

2018


at a glance {Q1 | 2018}

KENTFIELD

9

%

Change in Median Sale Price {2018 vs. 2017}

0

%

Change in Units Sold {2018 vs. 2017}

6

Units Sold

2.7m

$

Median Sale Price


at a glance {Q1 | 2018}

MILL VALLEY

-6

%

Change in Median Sale Price {2018 vs. 2017}

-19

%

Change in Units Sold {2018 vs. 2017}

39 Units Sold

1.5m

$

Median Sale Price


Mill Valley

Single Family Homes Sales

units sold - Area Page Total Units Sold Sales Volume by Price Category by Price Category Total Volume Area Page Up to $1M

$5M and up

$3M - $5M

$5M and up

Up to $1M

$3M - $5M $1M - $3M

Q1

$1M - $3M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Final Sale vs. Original List

Average Days on Market

-6%

-19%

20%

-

-33%

{2018 vs. 2017}

Change 2018

$1,500,000 39

$941

0%

80

2017

$1,592,500 48

$786

1%

120

2016

$1,297,500

34

$751

2%

100

2015

$1,422,500 56

$829

2%

79

2014

$1,340,000 60

$744

1%

90

Median Sale Price | Total Units Sold

$1,800,000

70

$1,600,000

60

$1,400,000 50

$1,200,000

40

$1,000,000 $800,000

30

$600,000

20

$400,000 10

$200,000 $-

0

2014

2015

Median Selling Price

2016

2017

2018

Total Units Sold

Mill Valley

/ Marin County Q1 Market Update


Ross

Single Family Homes Sales

Sales Volume

Total Units Sold

Up to $1M Total Volume Area Page$5M and up by Price Area Page Category $5M and Total Volume Price Category - $3M up by $1M

$3M - $5M

Q1

$3M - $5M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Final Sale vs. Original List

Average Days on Market

-2%

0%

50%

-

-87%

{2018 vs. 2017}

Change 2018

$4,205,000 1

$1,275

5%

26

2017

$4,300,000 1

$851

-4%

198

2016

$2,735,000

$886

-10%

120

2015

$4,862,500 4

$1,188

2%

87

2014

$2,297,500

$1,133

-1%

65

5

6

Median Sale Price | Total Units Sold $6,000,000

7

$5,000,000

6 5

$4,000,000

4 $3,000,000 3 $2,000,000

2

$1,000,000

1

$-

0

2014

2015

Median Selling Price Marin County Q1 Market Update / Ross

2016

2017

Total Units Sold

2018

Up to $1M $1M - $3M


at a glance {Q1 | 2018}

ROSS

-2

%

Change in Median Sale Price {2018 vs. 2017}

0

%

Change in Units Sold {2018 vs. 2017}

1

Unit Sold

4.2m

$

Median Sale Price


at a glance {Q1 | 2018}

SAN RAFAEL

3

%

Change in Median Sale Price {2018 vs. 2017}

36

%

Change in Units Sold {2018 vs. 2017}

75 Units Sold

1.1m

$

Median Sale Price


San Rafael Single Family Homes Sales

Sales Volume units sold - Area Page Total Units Sold$5M and up by Price Category by Price Category Total Volume - Area Page$5M and up $3M - $5M

$3M - $5M

Up to $1M $1M - $3M

Up to $1M

$1M - $3M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Final Sale vs. Original List

Average Days on Market

3%

36%

8%

-

-6%

2018

$1,051,000

75

$604

1%

85

2017

$1,020,000 55

$558

3%

91

2016

$1,011,500

82

$515

1%

87

2015

$842,500

88

$512

1%

72

2014

$839,000

85

$475

4%

91

Q1 {2018 vs. 2017}

Change

Median Sale Price | Total Units Sold $1,200,000

100 90

$1,000,000

80 70

$800,000

60 $600,000

50 40

$400,000

30 20

$200,000

10 $-

0

2014

2015

Median Selling Price

2016

2017

2018

Total Units Sold

San Rafael

/ Marin County Q1 Market Update


Sausalito Single Family Homes Sales

Sales Volume

Total Units Sold

Total Volume Area Page Total Volume Area Page by Price Category by Price Category $5M and up Up to $1M

$5M and up Up to $1M

$1M - $3M

Q1

$1M - $3M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Final Sale vs. Original List

Average Days on Market

-9%

-30%

-15%

-

-4%

{2018 vs. 2017}

Change 2018

$1,570,000 7

$751

-1%

184

2017

$1,725,000

10

$880

-3%

191

2016

$2,276,000 10

$822

-3%

92

2015

$1,500,000 9

$740

5%

87

2014

$1,425,000 15

$781

-2%

192

Median Sale Price | Total Units Sold

$2,500,000

16 14

$2,000,000

12 10

$1,500,000

8 $1,000,000

6 4

$500,000

2 $-

0

2014

2015

Median Selling Price Marin County Q1 Market Update / Sausalito

2016

2017

Total Units Sold

2018


at a glance {Q1 | 2018}

SAUSALITO

-9

%

Change in Median Sale Price {2018 vs. 2017}

-30

%

Change in Units Sold {2018 vs. 2017}

7

Units Sold

1.6m

$

Median Sale Price


at a glance {Q1 | 2018}

TIBURON

5

%

Change in Median Sale Price {2018 vs. 2017}

6

%

Change in Units Sold {2018 vs. 2017}

17 Units Sold

2.7m

$

Median Sale Price


Tiburon Single Family Homes Sales

units sold - Area Page Sales Volume Total Volume Area Page by Price Category

Up to $1M

Total Units Sold by Price Category $5M and up

$5M and up

$1M - $3M $1M - $3M

$3M - $5M

$3M - $5M

Q1

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Final Sale vs. Original List

Average Days on Market

5%

6%

-9%

-

9%

{2018 vs. 2017}

Change 2018

$2,680,000 17

$965

-1%

134

2017

$2,557,500

16

$1,064

-4%

123

2016

$2,000,000 15

$1,152

-2%

113

2015

$2,700,000

19

$911

-2%

98

2014

$2,870,000

25

$743

-4%

142

Median Sale Price | Total Units Sold $3,500,000

30

$3,000,000

25

$2,500,000

20

$2,000,000 15 $1,500,000 10

$1,000,000

5

$500,000 $-

0

2014

2015

Median Selling Price

2016

2017

2018

Total Units Sold

Tiburon

/ Marin County Q1 Market Update


MARIN COUNTY

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SAUSALITO

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