Marin Market Update | Q1 2019

Page 1

Q2 | 2019

Marin

Market Update


Marin County Market Snapshot

Median vs Units sold 700 $1,400,000 $5M and Up

Up to $1M

690

$1,200,000

680 670

$1,000,000 $3M - $5M

660 $800,000

650

$600,000 $1M - $3M

640 630

$400,000

620 $200,000

610

$-

600

2015

Sales Volume by Price Category 12% 63 % 16 % 11%

2016 2017 2018 2019

Median Sale Price vs. Total Units Sold

Up to $1 Million $1 Million to $3 Million $3 Million to $5 Million $5 Million and Up

Median Sale Price Total Units Sold


Q2 2019 Highlights

Marin County

4.0% $5M and Up

3.0%

Total Units

$3M - $5M

2.0%

Up to $1M

1.0%

0.0%

-1.0% $1M - $3M

-2.0%

Final Sale vs. Original List 2% -3 % -2 % 3% -2 % -2 % -1 %

San Rafael Tiburon Belvedere Mill Valley Kentfield

Sausali to

Ross

Kentfield

Mil l Valley

Belvedere

Tiburon

San Rafael

-3.0%

Total Units Sold by Price Category 24 % 66 % 7% 3%

Up to $1 Million $1 Million to $3 Million $3 Million to $5 Million $5 Million and Up

Ross Sausalito

2019 Highlights

/ Marin County Q2 2019 Market Update


at a glance { Q2 2019 }

BELVEDERE

17 Units Sold

0

%

Change in Units Sold { 2019 vs. 2018 }

3.3m

$

Median Sale Price

0

%

Change in Median Sale Price { 2019 vs. 2018 }


Belvedere 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

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

$5M and Up

$1M - $3M

$5M and Up

$3M - $5M

$3M - $5M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

0%

0%

9%

-

-13%

{ 2019 vs. 2018 }

Change 2019

$3,250,000 17

$1,219

-2%

106

2018

$3,237,500

17

$1,114

-19%

122

2017

$2,847,500

11

$1,150

-32%

110

2016

$3,370,000

7

$1,214

-7%

116

2015

$4,337,500

6

$1,239

-2%

955

Median Sale Price | Total Units Sold

$5,000, 000 $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1, 500,000 $1, 000,000 $500,000 $-

18 16 14 12 10 8 6 4 2 0

2015

2016

Median Selling Price

2017

2018

2019

Total Units Sold Belvedere

/ Marin County Q2 2019 Market Update


KentďŹ eld Single Family Homes Sales

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

$5M and up Up to $1M

$5M and up

$1M - $3M

$1M - $3M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

-21%

50%

-11%

-

157%

2019

$2,119,000

9

$807

-3%

164

2018

$2,695,000 6

$904

1%

64

2017

$2,476,250

6

$842

2%

61

2016

$1,512,500

4

$979

0%

64

2015

$1,785,000

10

$794

3%

49

{ 2019 vs. 2018 }

Change

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

12

$2,500,000

10

$2,000,000

8

$1, 500,000

6

$1, 000,000

4

$500,000

2

$-

0

2015

2016

Median Selling Price Marin County Q2 2019 Market Update / Kentfield

2017

2018 Total Units Sold

2019


at a glance { Q2 2019 }

KENTFIELD

9 Units Sold

50

%

Change in Units Sold { 2019 vs. 2018 }

2.1m

$

Median Sale Price

-21

%

Change in Median Sale Price { 2019 vs. 2018 }


at a glance { Q2 2019 }

MILL VALLEY

85 Units Sold

-30

%

Change in Units Sold { 2019 vs. 2018 }

1.6m

$

Median Sale Price

-9

%

Change in Median Sale Price { 2019 vs. 2018 }


Mill Valley

Single Family Homes Sales

units - Area Page Salessold Volume Totalby Volume - Area Page Price Category $5M and Up

Total Units Sold by Price Category

Up to $1M

$5M and Up

Up to $1M

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

$1M - $3M

$1M - $3M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

-9%

-30%

-3%

-

-11%

2019

$1,600,000

85

$868

3%

79

2018

$1,750,000

121

$894

4%

89

2017

$1,580,000

102

$824

2%

77

2016

$1,589,500

102

$812

1%

69

2015

$1,626,500

125

$794

3%

80

{ 2019 vs. 2018 }

Change

Median Sale Price | Total Units Sold

$1, 800,000

140

$1, 750,000

120

$1, 700, 000

100

$1, 650, 000

80

$1, 600,000

60

$1, 550,000

40

$1, 500,000

20

$1, 450,000

0

2015

2016

Median Selling Price

2017

2018

2019

Total Units Sold Mill Valley

/ Marin County Q2 2019 Market Update


Ross

Single Family Homes Sales

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

Total Units Sold by Price Category

Up to $1M

Up to $1M $5M and Up $1M - $3M

$5M and Up

$3M - $5M

$1M - $3M

$3M - $5M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

26%

-20%

8%

-

-29%

{ 2019 vs. 2018 }

Change 2019

$2,944,000 12

$1,117

-2%

105

2018

$2,341,600

15

$1,036

-17%

148

2017

$2,785,000

17

$1,008

3%

76

2016

$3,037,500

16

$1,102

0%

51

2015

$3,450,000

8

$975

2%

75

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

18 16 14 12 10 8 6 4 2 0

$3,500,000 $3,000,000 $2,500,000 $2,000,000 $1, 500,000 $1, 000,000 $500,000 $-

2015

2016

Median Selling Price Marin County Q2 2019 Market Update / Ross

2017

2018

Total Units Sold

2019


at a glance { Q2 2019 }

ROSS

12 Unit Sold

-20

%

Change in Units Sold { 2019 vs. 2018 }

3

$ m Median Sale Price

26

%

Change in Median Sale Price { 2019 vs. 2018 }


at a glance {Q2 2019 }

SAN RAFAEL

153 Units Sold

-9

%

Change in Units Sold { 2019 vs. 2018 }

1.2m

$

Median Sale Price

-2

%

Change in Median Sale Price { 2019 vs. 2018 }


San Rafael Single Family Homes Sales

units - Area Page Salessold Volume

Total Units Sold by Price Category

by Price Category

$3M - $5M

$3M - $5M $5M and Up

$5M and Up Up to $1M

Up to $1M

$1M - $3M

$1M - $3M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

-2%

-9%

2%

-

9%

{ 2019 vs. 2018 }

Change 2019

$1,220,000 153

$637

2%

79

2018

$1,246,000 168

$625

2%

72

2017

$1,148,000

141

$609

2%

66

2016

$1,100,000 141

$566

2%

63

2015

$980,000

$559

2%

64

147

Median Sale Price | Total Units Sold

$1, 400,000

175 170 165 160 155 150 145 140 135 130 125

$1, 200,000 $1, 000,000 $800,000 $600,000 $400,000 $200,000 $-

2015

2016

Median Selling Price

2017

2018

2019

Total Units Sold San Rafael

/ Marin County Q2 2019 Market Update


Sausalito Single Family Homes Sales

units sold - Area Page Sales Volume by Price Category

Total Units Sold by Price Category

Up to $1M

$5M and Up

Up to $1M

$5M and Up $3M - $5M $3M - $5M

$1M - $3M

$1M - $3M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

16%

0%

-8%

-

-53%

{ 2019 vs. 2018 }

Change 2019

$2,195,000 11

$944

-1%

68

2018

$1,900,000 11

$1,023

-4%

145

2017

$1,954,000 29

$928

2%

83

2016

$1,807,500

22

$897

2%

85

2015

$1,960,000 19

$881

3%

146

Median Sale Price | Total Units Sold $2,500,000

35 30

$2,000,000

25

$1, 500,000

20

$1, 000,000

15 10

$500,000

5

$-

0

2015

2016

Median Selling Price Marin County Q2 2019 Market Update / Sausalito

2017

2018

Total Units Sold

2019


at a glance {Q2 | 2019 }

SAUSALITO

11 Units Sold

0

%

Change in Units Sold { 2019 vs. 2018 }

2.2m

$

Median Sale Price

16

%

Change in Median Sale Price { 2019 vs. 2018 }


at a glance {2019 }

TIBURON

24 Units Sold

23

%

Change in Units Sold { 2019 vs. 2018 }

3.3m

$

Median Sale Price

9

%

Change in Median Sale Price { 2019 vs. 2018 }


Tiburon Single Family Homes Sales

units sold - Area Page

Sales Volume by Price Category

Up to $1M

Total Units Sold by Price Category

Up to $1M

$5M and Up $5M and Up

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

$3M - $5M

Median Sale Price

Total Units Sold

Average Price Per Sq. Ft.

Median Sale vs. Average Days Original List on Market

9%

-23%

1%

-

62%

2019

$3,255,000

24

$1,014

-3%

198

2018

$2,977,500

31

$1,009

-1%

122

2017

$2,691,000

46

$1,017

0%

86

2016

$2,157,500

37

$933

-12%

100

2015

$2,545,000

35

$914

-1%

117

{ 2019 vs. 2018 }

Change

Median Sale Price | Total Units Sold

$3,500,000

50 45 40 35 30 25 20 15 10 5 0

$3,000,000 $2,500,000 $2,000,000 $1, 500,000 $1, 000,000 $500,000 $-

2015

2016

Median Selling Price

2017

2018

2019

Total Units Sold Tiburon

/ Marin County Q2 2019 Market Update


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