Q3 | 2017
Marin County
Market Update
CORTE MADERA
Unprecedented Compound | Offered at $25,000,000 sothebyshomes.com/0087426
CORONA HEIGHTS
Contemporary Masterpiece Last Asking $3,950,000
a message from
Jeffrey Gibson
San Francisco Brokerage Manager Sotheby’s International Realty is the Bay Area leader in luxury real estate. Every day we are honored and excited to represent properties in San Francisco, Marin County, and the Peninsula and to share these exceptional homes with a global audience. The Sotheby’s International Realty - San Francisco brokerage is driven by the passion and expertise of our exceptional independent sales associates who combine an unmatched depth of knowledge of Bay Area markets with a proven track record of success. In a city where property values, like local microclimates, vary block by block, Sotheby’s International Realty agents provide critical insights to both buyers and sellers. It shows in the results: our agents achieved a market-leading average sales price of $2.3 million while producing an incredible $12.2 million in transactions per agent. Our incomparable resources have allowed Sotheby’s International Realty to become synonymous with luxury home sales in the Bay Area. Yet, regardless of price level, all clients receive the same exceptional level of service. If Sotheby’s International Realty may be of service to you in the sale or purchase of residential property in the Bay Area or around the world, please contact me at +1 415 296 2200 so I may personally introduce you to a local expert.
SAN FRANCISCO BROKERAGE
Jeffrey Gibson, Senior Vice President & Brokerage Manager 117 Greenwich Street | San Francisco, CA 94111 | 415.901.1700 sothebyshomes.com/sanfrancisco *Source: San Francisco Multiple Listing Service (SFMLS), for 12 months ending 9/30/17 for the entire Bay Area. All data within this document is pulled from the San Francisco MLS. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc. SIR CalBRE#: 899496
BAY AREA
Featured Properties We invite you to explore our exclusive offerings at S OTHEBYS H O ME S.C O M/ SANF RAN C IS C O
SOUTH BEACH
Chic Urban Oasis | Offered at $2,448,000 sothebyshomes.com/0088671
PESCADERO
Price Upon Request sothebyshomes.com/0088790 PACIFIC HEIGHTS
Offered at $11,550,000 sothebyshomes.com/0088754 RUSSIAN HILL
Offered at $3,250,000 sothebyshomes.com/0088539 SOMA
Offered at $3,195,000 sothebyshomes.com/0088663 *in order from left to right, top to bottom
sothebyshomes.com/sanfrancisco
Marin County Market Snapshot
Median vs Units sold
Volume
$1,200,000
1000
$5M and Up
900 Up to $1M
$3M - $5M
$1,000,000
800 700
$800,000
600 500
$600,000
400 $400,000 $1M - $3M
300 200
$200,000
100 $-
0
2013 2014 2015 2016 2017
Sales Volume by Price Category 24 % 53 % 11 % 12 %
Median Sale Price vs. Total Units Sold
Under $1 Million
Median Sale Price
$1 Million to $3 Million
Total Units Sold
$3 Million to $5 Million Over $5 Million
Q3 2017 Highlights
Marin County
2.5%
$3M - $5M
2.0%
$5M and Up
Total Units
1.5% 1.0% 0.5%
Up to $1M
0.0%
$1M - $3M -0.5% -1.0%
Final Sale vs. Original List 1% -1% 2% -1 % -1 %
San Rafael Tiburon & Belvedere Mill Valley Ross & Kentfield
Sausalito
Kentfield/Ross
Mill Valley
Tiburon/Belvedere
San Rafael
-1.5%
Total Units Sold by Price Category 347 345 32 18
Under $1 Million $1 Million to $3 Million $3 Million to $5 Million Over $5 Million
Sausalito
Q3 Highlights
/ Marin County Q3 Market Update
at a glance {Q3 | 2017}
mill valley
-3
%
Change in Median Sale Price {2017 vs. 2016}
8
%
Change in Units Sold {2017 vs. 2016}
93 Units Sold
1.4m
$
Median Sale Price
Mill Valley
Single Family Homes Sales
units sold - Area Page Sales Volume
Total Units Sold by Price Category
Total Volume Area Page by Price Category
$5M and up
$5M- $5M and up $3M
$3M - $5M
Up to $1M
Up to $1M
$1M - $3M
$1M - $3M
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Final Sale vs. Original List
Average Days on Market
-3%
8%
3%
-
7%
2017
$1,445,000
93
$795
2%
95
2016
$1,482,500
86
$770
-1%
89
2015
$1,365,000
101
$796
3%
70
2014
$1,299,000
101
$702
1%
82
2013
$1,100,000
107
$635
2%
71
Q3 {2017 vs. 2016}
Change
Median Sale Price | Total Units Sold 120
$1,600,000 $1,400,000
100
$1,200,000 80
$1,000,000
60
$800,000 $600,000
40
$400,000 20
$200,000 $-
0
2013
2014
Median Selling Price
2015
2016
2017
Total Units Sold
Mill Valley
/ Marin County Q3 Market Update
Ross & Kentfield
Single Family Home Sales
units sold - Area Page Sales Volume
Total Units Sold by Price Category
Up to $1M
Up to $1M
Total Volume Area Page by Price Category
$5M and up
$5M and up $3M $5M
Q3
$3M - $5M
$1M - $3M
$1M - $3M
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Final Sale vs. Original List
Average Days on Market
25%
30%
5%
-
24%
{2017 vs. 2016}
Change 2017
$2,666,000 30
$966
-1%
109
2016
$2,125,000
23
$922
-1%
88
2015
$2,150,000
25
$952
0%
90
2014
$2,227,500
36
$916
-3%
103
2013
$1,992,500
32
$758
-6%
77
Median Sale Price | Total Units Sold $3,000,000
40 35
$2,500,000
30 $2,000,000
25 20
$1,500,000
15
$1,000,000
10 $500,000
5 0
$-
2013
2014
Median Selling Price Marin County Q3 Market Update / Ross & Kentfield
2015
2016
Total Units Sold
2017
at a glance {Q3 | 2017}
ross & kentfield
25
%
Change in Median Sale Price {2017 vs. 2016}
30
%
Change in Units Sold {2017 vs. 2016}
30 Units Sold
2.7m
$
Median Sale Price
at a glance {Q3 | 2017}
san rafael
13
%
Change in Median Sale Price {2017 vs. 2016}
12
%
Change in Units Sold {2017 vs. 2016}
188 Units Sold
964k
$
Median Sale Price
San Rafael Single Family Homes Sales
units sold - Area Page Sales Volume
Total Units Sold by Price Category
Total Volume Area Page by Price Category
$3M - $5M
$3M - $5M
$5M and up
$5M and up $1M - $3M
$1M - $3M Up to $1M
Up to $1M
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Final Sale vs. Original List
Average Days on Market
13%
12%
2%
-
-11%
2017
$963,750
188
$549
1%
76
2016
$852,500
168
$537
1%
86
2015
$850,000
213
$519
2%
73
2014
$755,000
185
$482
1%
78
2013
$750,375
208
$431
2%
72
Q3 {2017 vs. 2016}
Change
Median Sale Price | Total Units Sold $1,200,000
250
$1,000,000
200
$800,000
150
$600,000 100
$400,000
50
$200,000
0
$-
2013
2014
Median Selling Price
2015
2016
2017
Total Units Sold
San Rafael
/ Marin County Q3 Market Update
Sausalito Single Family Homes Sales
units sold - Area Page Sales Volume
Total Units Sold by Price Category
Total Volume Area Page by Price Category
$5M and up
$3M - $5M
$5M and up Up to $1M
Up to $1M
$3M - $5M $1M - $3M
$1M - $3M
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Final Sale vs. Original List
Average Days on Market
15%
52%
-11%
-
-1%
2017
$1,462,500
32
$809
-1%
84
2016
$1,275,000
21
$905
0%
85
2015
$1,165,000
28
$762
1%
100
2014
$1,063,500
38
$813
0%
78
2013
$687,000
47
$701
-1%
84
Q3 {2017 vs. 2016}
Change
Median Sale Price | Total Units Sold $1,600,000
50
$1,400,000
45 40
$1,200,000
35
$1,000,000
30
$800,000
25
$600,000
20 15
$400,000
10
$200,000
5
$-
0
2013
2014
Median Selling Price Marin County Q3 Market Update / Sausalito
2015
2016
Total Units Sold
2017
at a glance {Q3 | 2017}
sausalito
15
%
Change in Median Sale Price {2017 vs. 2016}
52
%
Change in Units Sold {2017 vs. 2016}
32 Units Sold
1.5m
$
Median Sale Price
at a glance {Q3 | 2017}
tiburon & belvedere
17
%
Change in Median Sale Price {2017 vs. 2016}
-8
%
Change in Units Sold {2017 vs. 2016}
44 Units Sold
2.7m
$
Median Sale Price
Tiburon & Belvedere Single Family Home Sales
units sold - Area Page Sales Volume
Total Units Sold by Price Category
Total Volume Area Page by Price Category Up to $1M
$5M and up Up to $1M
$5M and up $3M - $5M
$1M - $3M
$1M - $3M
$3M - $5M
Q3
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Final Sale vs. Original List
Average Days on Market
17%
-8%
4%
-
16%
{2017 vs. 2016}
Change 2017
$2,660,000 44
$990
-1%
107
2016
$2,267,500
48
$949
-2%
92
2015
$2,347,500
62
$1,239
-1%
138
2014
$2,137,500
54
$846
-3%
106
2013
$2,000,000 59
$874
-8%
86
Median Sale Price | Total Units Sold
$3,000,000
70
$2,500,000
60 50
$2,000,000
40
$1,500,000
30
$1,000,000
20
$500,000
10
$-
0
2013
2014
Median Selling Price
2015
2016
2017
Total Units Sold
Tiburon & Belvedere
/ Marin County Q3 Market Update
MARIN COUNTY
Extraordinary Results We celebrate the notable success of our associates and clients
SAUSALITO
Bright Duplex with Soaring Views Last Asking $2,450,000
SAUSALITO
William Callister Masterpiece Last Asking $3,595,000 ROSS
Beautiful Gated Estate Last Asking $2,995,000 KENTFIELD
Architecturally Stunning Home Last Asking $2,350,000 MILL VALLEY
Indoor-Outdoor Living Last Asking $1,775,000 *in order from left to right, top to bottom
sothebyshomes.com/sanfrancisco
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Exceptional Diamonds. Curated by Sotheby’s.
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