ALAMO SQUARE
Offered at $6,300,000 701Scott.com
Q2 | 2018
Bay Area
Market Update
Bay Area Market Update
San Francisco
05 A Message from Jeffrey Gibson
10 Market Snapshot
06 Featured Properties
Bay 12 Area District 1 Market Update 14 District 4
16 District 505 A Message from Jeff Gibson 18 District 606 Featured Properties 20 District 7 24 District 8 28 District 9 32 Extraordinary Results
Marin County
The Peninsula
36 Market Snapshot
56 Market Snapshot
38 Belvedere
58 Atherton
40 Kentfield
60 Burlingame
42 Mill Valley
62 Hillsborough
44 Ross
64 Los Altos Hills
46 San Rafael
66 Menlo Park
48 Sausalito
68 Woodside
50 Tiburon
70 Extraordinary Results
52 Extraordinary Results
a message from
Jeffrey Gibson
San Francisco Brokerage Manager Sotheby’s International Realty is synonymous with luxury real estate in the Bay Area. We believe that luxury is an experience, not a price point. Buying and selling real estate can be an emotional experience as well as a business decision, and we focus on the human interaction that is essential to a successful transaction. Whether our clients are searching for an estate in Pacific Heights or a 1-bedroom condominium, we provide the same bespoke service. Drawing on our global network of 950 offices in 69 countries, we offer our clients an incomparable global reach, including the power of a website visited by 27 million people a year, 60% of whom are from overseas*. As the San Francisco market warmed up from the slower months of Q1, median prices continued a steady rise overall, to $1.62 million for single-family homes according to the San Francisco Association of Realtors (SFAR). Areas such as Districts 1 and 4 also saw a significant increase in units sold: District 1, which includes the dynamic Outer Richmond area, saw the number of condo sales fully double compared to Q2 2017 while single-family home sale units rose 26%. In District 4, unit sales in both categories were up 15%. Single-family homes and condominiums sold for well over their asking price in both areas, by 14% in District 1 and a remarkable 19% in District 4.
As we move through the summer months, we look forward to being of service to you in the sale or purchase of real estate, whether in the Bay Area or around the world. We take great pride in using our expertise, resources, and global connections to unite extraordinary homes with the extraordinary people who will live in them.
SAN FRANCISCO BROKERAGE
Jeffrey Gibson Senior Vice President & Brokerage Manager 117 Greenwich Street | San Francisco, CA 94111
sothebyshomes.com/sanfrancisco Source: San Francisco Multiple Listing Service (SFMLS)/InfoSparks; Q2 data refer to sales from 4/1 - 6/30 for the year(s) specified. Data within this document are drawn from the SFAR MLS, BAREIS, and/or MLS Listings. *Web data 1/1-12/31/17. 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 DRE: 899496. Jeffrey Gibson DRE: 01407690
cover: parisian salon atop pacific heights | 1901ca3.com
District 7, which includes Pacific Heights, experienced a modest 10% decline in total unit sales as reported to the MLS, but condominium sale prices continued to swell well beyond listing prices, by 16% in Cow Hollow and Presidio Heights, and 14% in the Marina. Days on market were also exceptionally low in the same areas, at only 13 days in Cow Hollow and 18 days in the Marina. In District 8, which includes Nob Hill and Russian Hill, median prices rose a robust 55% on a low volume of single-family homes, and ticked up 13% for condominiums.
BAY AREA
Featured Properties We invite you to explore our exclusive offerings at S OTHEBYSHO M E S.CO M / SAN F RAN CI S CO
MARINA
Handsome Contemporary Design Offered at $6,595,000 268Mallorca.com
PACIFIC HEIGHTS
Full-Floor Masterpiece with Bay Views Offered at $21,600,000 2000Washington5.com
LOS ALTOS HILLS
Offered at $30,000,000 FenwickEstateLosAltosHills.com PRESIDIO HEIGHTS
Offered at $9,995,000 PresidioHtsHome.com MARINA
Offered at $6,840,000 1372Francisco.com FINANCIAL DISTRICT
Offered at $5,800,000 FourSeasons24A.com *in order from left to right, top to bottom
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striking brick and FROM timberMILLENNIUM conversion TOWER loft | 355 bryantloft.com LANDMARK VIEWS | MILLENNIUMVIEWS.COM
San Francisco featured neighborhoods
district 1
jordan park, lake, laurel heights, richmond, sea cliff
district 4
balboa terrace, diamond heights, west portal
district 5
clarendon heights, dolores heights, noe valley
district 6
alamo square, hayes valley, lower pac hgts, nopa
district 7
marina, cow hollow, pacific heights, presidio heights
district 8
financial dist, russian hill, nob hill, telegraph hill
district 9
bernal heights, south beach, soma, yerba buena
San Francisco
Market Snapshot | by District
Price Ratio by District
-25%
-20%
{Median Final Sale vs. Original List}
-15%
-10%
-5%
0%
+5%
+10%
+15%
+20%
+25%
Q2 2018 Highlights San Francisco
Highlight Median: SFH vs Condos San Fran
San Francisco
{Single Family Homes vs. Condos}
Median Sale Prices $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000
$600,000 $400,000 $200,000 $0
2013
2014
2015
SFH Median Sales Price
2016
2017
Condo Median Sales Price
Single Family Homes
$1.235,000
$1.620,000
$800,000
2018
Condos
Highlight Median by district SFH
Districts
{Districts vs. San Francisco Overall}
Median Sale Prices $7, 000,000 $6,000,000
District 1
$5,000, 000
District 4 District 5
$4,000,000
District 6
$3,000,000
District 7
$2,000,000
District 8 District 9
$1, 000,000
San Francisco
$-
2014 District 1
2015 District 4
2016 District 5
2017 District 6
2018 District 7
Q2 Highlights
District 8
District 9
/ San Francisco Q2 Market Update
at a glance {Q2 | 2018}
DISTRICT 1
Jordan Park Lake Laurel Heights Lone Mountain Outer Richmond Central Richmond Inner Richmond Sea Cliff
1
%
Change in Median Sale Price { 2018 vs. 2017, Condominiums }
100
%
Change in Units Sold { 2018 vs. 2017, Condominiums }
117
Total Units Sold
2
$ m Median Sale Price { Single Family Homes }
District Q2
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
13%
26%
12%
-
-16%
2018
$2,001,224
63
1,000
11%
20
2017
$1,768,000
50
889
11%
24
2016
$1,822,000
57
855
10%
26
2015
$1,885,000
67
918
14%
16
2014
$1,605,000
57
782
23%
19
single family homes
1
{ 2018 vs. 2017 }
Change
Median Sales Price: SFH vs. Condos Median Sale Price | Single Family Homes vs. Condos $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0
2014
2015
2016
SFH Median Sales Price
Single Family Homes
Q2
2017
2018
Condo Median Sales Price
Condos
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
1%
100%
7%
-
2%
2018
$1,247,500
54
1,003
25%
21
2017
$1,230,000
27
934
17%
21
2016
$1,027,500
40
851
4%
39
2015
$1,125,000
38
854
13%
26
2014
$884,500
48
739
4%
38
condominiums { 2018 vs. 2017 }
Change
District 1
/ San Francisco Q2 Market Update
District Q2
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
13%
15%
6%
-
-13%
2018
$1,813,250
100
1,019
22%
17
2017
$1,605,000
87
960
19%
19
2016
$1,500,000
90
840
15%
25
2015
$1,442,500
94
833
13%
20
2014
$1,362,500
76
734
16%
27
single family homes
4
{ 2018 vs. 2017 }
Change
Median Sales Price: SFH vs. Condos Median Sale Price | Single Family Homes vs. Condos $2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0
2014
2015
2016
SFH Median Sales Price
Q2
2017
2018
Condo Median Sales Price
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
6%
15%
18%
-
-60%
2018
$770,000
15
876
3%
19
2017
$725,000
13
740
7%
48
2016
$662,500
8
783
1%
37
2015
$792,500
14
690
9%
35
2014
$574,500
18
635
14%
22
condominiums { 2018 vs. 2017 }
Change
San Francisco Q2 Market Update / District 4
at a glance {Q2 | 2018}
DISTRICT 4
Balboa Terrace Diamond Heights Forest Hill Forest Hill Extension Forest Knolls Ingleside Terrace Midtown Terrace Miraloma Park Monterey Heights Mt Davidson Manor Sherwood Forest St. Francis Wood Sunnyside West Portal Westwood Highlands Westwood Park
10
%
Change in Median Sale Price { 2018 vs. 2017, Single Family Homes }
15
%
Change in Units Sold { 2018 vs. 2017, Condominiums }
115
Total Units Sold
1.8m
$
Median Sale Price { Single Family Homes }
at a glance {Q2 | 2018}
DISTRICT 5
Ashbury Heights Buena Vista Clarendon Heights Corona Heights Cole Valley Castro Dolores Heights Duboce Triangle Eureka Valley Glen Park Haight Ashbury Noe Valley Twin Peaks Mission Dolores
11
%
Change in Median Sale Price { 2018 vs. 2017, Condominiums }
-2
%
Change in Units Sold { 2018 vs. 2017, Condominiums }
220 Total Units Sold
2.4m
$
Median Sale Price { Single Family Homes }
District Q2
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
-2%
-10%
6%
-
-21%
2018
$2,350,000
82
1,219
18%
22
2017
$2,400,000 91
1,150
9%
28
2016
$1,950,000
92
1,069
9%
28
2015
$2,155,000
84
1,125
20%
19
2014
$1,935,000
87
992
15%
20
single family homes
5
{ 2018 vs. 2017 }
Change
Median Sales Price: SFH vs. Condos Median Sale Price | Single Family Homes vs. Condos $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0
2014
2015
2016
SFH Median Sales Price
2018
Condo Median Sales Price
Single Family Homes
Q2
2017 Condos
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
11%
-2%
8%
-
-16%
2018
$1,425,000
138
1,165
19%
21
2017
$1,280,000
141
1,080
16%
25
2016
$1,300,000
104
1,031
9%
27
2015
$1,225,000
165
1,030
23%
20
2014
$1,010,000
136
933
13%
25
condominiums { 2018 vs. 2017 }
Change
District 5
/ San Francisco Q2 Market Update
District Q2
single family homes
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
139%
0%
-1%
-
-50%
6
{ 2018 vs. 2017 }
Change 2018
$4,300,000 7
1,226
3%
20
2017
$1,800,000
1,242
0%
39
2016
$2,305,000 9
990
0%
49
2015
$1,821,500
8
855
8%
29
2014
$2,725,000
11
1,067
19%
21
7
Median Sales Price: SFH vs. Condos Median Sale Price | Single Family Homes vs. Condos $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 $0
2014
2015
2016
SFH Median Sales Price
2018
Condo Median Sales Price
Single Family Homes
Q2
2017 Condos
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
9%
-13%
3%
-
12%
2018
$1,240,001
84
1,042
11%
33
2017
$1,140,000
97
1,007
14%
29
2016
$1,175,000
71
973
18%
34
2015
$1,045,000
75
966
16%
28
2014
$910,000
77
851
14%
34
condominiums { 2018 vs. 2017 }
Change
San Francisco Q2 Market Update / District 6
at a glance {Q2 | 2018}
DISTRICT 6
Alamo Square Hayes Valley Western Addition Lower Pacific Heights Anza Vista North Panhandle (NoPa)
9
%
Change in Median Sale Price { 2018 vs. 2017, Condominiums }
-13
%
Change in Units Sold { 2018 vs. 2017, Condominiums }
91
Total Units Sold
4.3m
$
Median Sale Price { Single Family Homes }
at a glance {Q2 | 2018}
DISTRICT 7
The Marina Cow Hollow Pacific Heights Presidio Heights
10
%
Change in Median Sale Price { 2018 vs. 2017, Single Family Homes }
-13
%
Change in Units Sold { 2018 vs. 2017, Condominiums }
121
Total Units Sold
5.9m
$
Median Sale Price { Single Family Homes }
District Q2
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
10%
0%
13%
-
-60%
2018
$5,869,000
30
1,620
0%
15
2017
$5,324,000
30
1,439
-4%
38
2016
$4,725,000
33
1,457
-1%
48
2015
$4,750,000
31
1,543
-5%
19
2014
$3,700,000
34
1,226
4%
45
single family homes { 2018 vs. 2017 }
Change
7
Median Sales Price: SFH vs. Condos Median Sale Price | Single Family Homes vs. Condos $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0
2014
2015
2016
SFH Median Sales Price
Single Family Homes
Q2
2017
2018
Condo Median Sales Price
Condos
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
-1%
-13%
4%
-
-28%
2018
$1,506,300
91
1,318
16%
19
2017
$1,525,000
105
1,263
5%
26
2016
$1,562,500
82
1,197
5%
30
2015
$1,507,507
64
1,177
20%
21
2014
$1,310,000
99
993
9%
28
condominiums { 2018 vs. 2017 }
Change
District 7
/ San Francisco Q2 Market Update
district 7
Neighborhood Highlights Cow Hollow
{Median Sale Price | Condominiums over Five Years}
Cow Hollow
16
$1,600,000 $1,400,000
Median Sale vs. Original List
$1,200,000
13
$1,000,000 $800,000 $600,000
Average DOM
$400,000 $200,000
$
$0
2014
%
2015
2016
2017
2018
1,152
$/Square Foot
Marina
{Median Sale Price | Condominiums over Five Years}
Marina
14
%
$1,800,000 $1,600,000
Median Sale vs. Original List
$1,400,000
18
$1,200,000 $1,000,000 $800,000
Average DOM
$600,000 $400,000
$
$200,000 $0
2014
2015
2016
2017
2018
1,227
$/Square Foot
District
7
Pacific Heights
{Median Sale Price | Condominiums over Five Years}
Pacific Heights
6
%
$1,800,000 $1,600,000
Median Sale vs. Original List
$1,400,000
20
$1,200,000 $1,000,000 $800,000
Average DOM
$600,000 $400,000
$
$200,000 $0
2014
2015
2016
2017
2018
1,365
$/Square Foot
Presidio Heights
{Median Sale Price | Condominiums over Five Years}
Presidio Heights
16
$3,000,000 $2,500,000
Median Sale vs. Original List
24
$2,000,000 $1,500,000
Average DOM
$1,000,000 $500,000
$
$0
2014
%
2015
2016
2017
2018
District 7 Neighborhood Highlights
1,422
$/Square Foot
/ San Francisco Q2 Market Update
District Q2
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
55%
-13%
19%
-
11%
2018
$3,564,875
7
1,499
19%
45
2017
$2,300,000 8
1,257
-6%
41
2016
$3,185,000
6
1,241
-4%
44
2015
$2,222,000 7
1,300
11%
17
2014
$3,191,000
1,237
4%
86
single family homes { 2018 vs. 2017 }
Change
8
8
Median Sales Price: SFH vs. Condos Median Sale Price | Single Family Homes vs. Condos $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0
2014
2015
2016
SFH Median Sales Price
2018
Condo Median Sales Price
Single Family Homes
Q2
2017 Condos
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
13%
-12%
3%
-
-27%
2018
$1,100,000
129
1,161
10%
32
2017
$971,000
146
1,127
2%
43
2016
$1,085,000
131
1,100
9%
30
2015
$1,112,500
138
1,145
12%
34
2014
$945,000
146
943
9%
42
condominiums { 2018 vs. 2017 }
Change
San Francisco Q2 Market Update / District 8
at a glance {Q2 | 2018}
DISTRICT 8
Civic Center Downtown Financial District North Beach Russian Hill Nob Hill Telegraph Hill Tenderloin North Waterfront
13
%
Change in Median Sale Price { 2018 vs. 2017, Condominiums }
-12
%
Change in Units Sold { 2018 vs. 2017, Condominiums }
136 Total Units Sold
3.6m
$
Median Sale Price { Single Family Homes }
district 8
Neighborhood Highlights Financial District
{Median Sale Price | Condominiums over Five Years}
Financial District/B
-3
$1,800,000 $1,600,000
Median Sale vs. Original List
$1,400,000
52
$1,200,000 $1,000,000 $800,000
Average DOM
$600,000 $400,000 $200,000
$
$0
2014
%
2015
2016
2017
2018
1,304
$/Square Foot
Nob Hill
{Median Sale Price | Condominiums over Five Years}
Nob Hill
8
%
$1,800,000 $1,600,000
Median Sale vs. Original List
$1,400,000
39
$1,200,000 $1,000,000 $800,000
Average DOM
$600,000 $400,000
$
$200,000 $0
2014
2015
2016
2017
2018
1,164
$/Square Foot
District
8
North Waterfront
{Median Sale Price | Condominiums over Five Years}
North Waterfront
0
%
$1,200,000
Median Sale vs. Original List
$1,000,000
20
$800,000 $600,000
Average DOM
$400,000 $200,000
$
$0
2014
2015
2016
2017
2018
1,021
$/Square Foot
Russian Hill
{Median Sale Price | Condominiums over Five Years}
Russian Hill
5
$2,500,000 $2,000,000
%
Median Sale vs. Original List
29
$1,500,000 $1,000,000
Average DOM $500,000
$
$0
2014
2015
2016
2017
2018
District 8 Neighborhood Highlights
1,340
$/Square Foot
/ San Francisco Q2 Market Update
at a glance {Q2 | 2018}
DISTRICT 9
Bernal Heights Dogpatch Inner Mission Mission Bay Potrero Hill South Beach SoMa Yerba Buena
9
%
Change in Median Sale Price { 2018 vs. 2017, Condominiums }
-6
%
Change in Units Sold { 2018 vs. 2017, Single Family Homes }
406 Total Units Sold
1.7m
$
Median Sale Price { Single Family Homes }
District Q2
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
8%
-6%
7%
-
-31%
2018
$1,675,000
75
1,091
12%
16
2017
$1,550,000
80
1,019
11%
22
2016
$1,385,000
78
988
22%
27
2015
$1,460,000
63
1,015
22%
20
2014
$1,170,000
56
875
23%
25
single family homes
9
{ 2018 vs. 2017 }
Change
Median Sales Price: SFH vs. Condos Median Sale Price | Single Family Homes vs. Condos $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0
2014
2015
2016
SFH Median Sales Price
Single Family Homes
Q2
2017
2018
Condo Median Sales Price
Condos
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
9%
28%
11%
-
-26%
2018
$1,200,000
331
1,171
9%
30
2017
$1,100,000
259
1,051
7%
41
2016
$1,132,000
260
1,090
3%
41
2015
$1,069,000
321
1,100
7%
30
2014
$905,000
345
997
7%
27
condominiums { 2018 vs. 2017 }
Change
District 9
/ San Francisco Q2 Market Update
district 9
Neighborhood Highlights Bernal Heights
{Median Sale Price | Single Family Homes over Five Years}
Bernal Heights SFH
-14
%
$1,600,000 $1,400,000
Median Sale vs. Original List
$1,200,000
15
$1,000,000 $800,000 $600,000
Average DOM
$400,000 $200,000
$
$0
2014
2015
2016
2017
2018
1,101
$/Square Foot
Inner Mission
{Median Sale Price | Condominiums over Five Years}
Inner Mission
7
$1,400,000 $1,200,000
Median Sale vs. Original List
$1,000,000
28
$800,000 $600,000
Average DOM
$400,000 $200,000
$
$0
2014
%
2015
2016
2017
2018
1,104
$/Square Foot
District
9
SoMa
{Median Sale Price | Condominiums over Five Years}
South of Market
6
%
$1,200,000 $1,000,000
Median Sale vs. Original List
$800,000
26
$600,000 $400,000
Average DOM
$200,000
$
$0
2014
2015
2016
2017
2018
1,076
$/Square Foot
South Beach
{Median Sale Price | Condominiums over Five Years}
South Beach
-2
%
$1,400,000 $1,200,000
Median Sale vs. Original List
$1,000,000
40
$800,000 $600,000
Average DOM
$400,000 $200,000
$
$0
2014
2015
2016
2017
2018
District 9 Neighborhood Highlights
1,247
$/Square Foot
/ San Francisco Q2 Market Update
SAN FRANCISCO
Extraordinary Results We celebrate the notable success of our associates and clients
PACIFIC NOEHEIGHTS VALLEY
Bay ViewView BeauxHome Arts Five Bedroom Contemporary Last LastAsking Asking$10,900,000 $5,400,000
PRESIDIO HEIGHTS
Amazing Potential in Presidio Heights Last Asking $9,750,000 PACIFIC HEIGHTS
Alta Plaza Park Grand Victorian Home Last Asking $7,995,000 MARINA
Handsome Contemporary Design Last Asking $6,595,000 FINANCIAL DISTRICT
Two Story Ritz-Carlton Penthouse Last Asking $5,950,000 *in order from left to right, top to bottom
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Marin County market snapshot belvedere kentfield mill valley ross san rafael sausalito tiburon
Marin County Market Snapshot
800
$2,500,000
700 $5M and Up
Up to $1M $2,000,000
600 500
$1,500,000
$3M - $5M
400 $1,000,000
300
$1M - $3M
200 $500,000 100 0
$-
2014
Sales Volume by Price Category 9% 64 % 16 % 11 %
2015
$3 Million to $5 Million Over $5 Million
2017
2018
Median Sale Price vs. Total Units Sold
Up to $1 Million $1 Million to $3 Million
2016
Median Sale Price Total Units Sold
Q2 2018 Highlights
Marin County
6.0%
4.0%
$5M and Up
Total Units $3M - $5M
2.0%
Up to $1M 0.0%
-2.0%
-4.0% $1M - $3M
Final Sale vs. Original List 2% -1 % -5 % 4% 0% -2 % -3 %
San Rafael Tiburon Belvedere Mill Valley Kentfield
Sausalito
Ross
Kentfield
Mill Valley
Belvedere
Tiburon
San Rafael
-6.0%
Total Units Sold by Price Category 19 % 70 % 8% 3%
Under $1 Million $1 Million to $3 Million $3 Million to $5 Million Over $5 Million
Ross Sausalito
Q2 Highlights
/ Marin County Q2 Market Update
at a glance {Q2 | 2018}
belvedere
3
%
Change in Median Sale Price { 2018 vs. 2017 }
55
%
Change in Units Sold { 2018 vs. 2017 }
17 Units Sold
3.3m
$
Median Sale Price
Belvedere 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 $1M - $3M
$5M and up
$5M and up
$3M - $5M
Q2
$1M - $3M
$3M - $5M
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
3%
55%
-17%
-
11%
{ 2018 vs. 2017 }
Change 2018
$3,300,000 17
$1,203
-5%
122
2017
$3,200,000 11
$1,448
-3%
110
2016
$3,370,000
7
$1,248
-7%
116
2015
$7,685,750
6
$1,496
-15%
955
2014
$2,470,000
9
$1,088
-4%
111
Median Sale Price | Total Units Sold 18
$9,000,000 $8,000,000
16
$7,000,000
14
$6,000,000
12
$5,000,000
10
$4,000,000
8
$3,000,000
6
$2,000,000
4
$1,000,000
2
$-
0
2014
2015
Median Selling Price
2016
2017
2018
Total Units Sold
Belvedere
/ Marin County Q2 Market Update
Kentfield Single Family Homes Sales
units sold - Area Page Sales Volume by Price Category Total Volume Area Page
Total Units Sold by Price Category
Up to $1M
$5M and up Up to $1M
$5M and up
$5M and up $5M and up $1M - $3M
$3M - $5M $1M - $3M
$3M - $5M
Median
Total
Average Price
Median Sale vs. Average Days
-3%
-31%
6%
-
-44%
2018
$2,447,500
18
$1,023
0%
46
2017
$2,512,500 26
$965
4%
83
2016
$2,160,000 17
$978
2%
72
2015
$2,275,000 24
$881
2%
57
2014
$1,800,000 27
$787
3%
59
Q2 { 2018 vs. 2017 }
Change
Median Sale Price | Total Units Sold $3,000,000
30
$2,500,000
25
$2,000,000
20
$1,500,000
15
$1,000,000
10 5
$500,000
0
$-
2014
2015
Median Selling Price Marin County Q2 Market Update / Kentfield
2016
2017
Total Units Sold
2018
at a glance {Q2 | 2018}
kentfield
-3
%
Change in Median Sale Price { 2018 vs. 2017 }
-31
%
Change in Units Sold { 2018 vs. 2017 }
18 Units Sold
2.4m
$
Median Sale Price
at a glance {Q2 | 2018}
mill valley
11
%
Change in Median Sale Price { 2018 vs. 2017 }
16
%
Change in Units Sold { 2018 vs. 2017 }
118 Units Sold
1.8m
$
Median Sale Price
Mill Valley
Single Family Homes Sales
Sales Volume units sold - Area Page by Price Category Total Volume - Area Page $5M and up
Total Units Sold by Price Category $5M and up
Up to $1M
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
11%
16%
13%
-
17%
2018
$1,750,000
118
$953
4%
90
2017
$1,580,000 102
$843
3%
77
2016
$1,589,500 102
$838
1%
69
2015
$1,650,000 123
$808
3%
81
2014
$1,350,000 122
$765
4%
73
Q2 { 2018 vs. 2017 }
Change
Median Sale Price | Total Units Sold 140
$2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $-
120 100 80 60 40 20 0
2014
2015
Median Selling Price
2016
2017
2018
Total Units Sold
Mill Valley
/ Marin County Q2 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 $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
-12%
-12%
3%
-
95%
2018
$2,450,000
15
$1,148
-2%
148
2017
$2,785,000
17
$1,111
3%
76
2016
$3,037,500
16
$1,164
0%
51
2015
$3,450,000
8
$1,099
2%
75
2014
$3,200,000 17
$943
0%
103
Q2 { 2018 vs. 2017 }
Change
Median Sale Price | Total Units Sold 18
$4,000,000 $3,500,000
16
$3,000,000
14 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 Marin County Q2 Market Update / Ross
2016
2017
Total Units Sold
2018
at a glance {Q2 | 2018}
ross
-12
%
Change in Median Sale Price { 2018 vs. 2017 }
-12
%
Change in Units Sold { 2018 vs. 2017 }
15 Unit Sold
2.5m
$
Median Sale Price
at a glance {Q2 | 2018}
san rafael
9
%
Change in Median Sale Price { 2018 vs. 2017 }
16
%
Change in Units Sold { 2018 vs. 2017 }
163 Units Sold
1.3m
$
Median Sale Price
San Rafael Single Family Homes Sales
Sales Volume units sold - Area Page by Price Category Total Volume - Area Page $5M and up Up to $1M
$3M - $5M
Total Units Sold by Price Category $3M - $5M
$5M and up
Up to $1M
$1M - $3M
Q2
$1M - $3M
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
9%
16%
7%
-
11%
{ 2018 vs. 2017 }
Change 2018
$1,255,000 163
$631
2%
73
2017
$1,148,000
141
$589
2%
66
2016
$1,100,000 141
$564
2%
63
2015
$980,000
147
$559
2%
64
2014
$858,000
167
$489
3%
62
Median Sale Price | Total Units Sold $1,400,000
170
$1,200,000
165 160
$1,000,000
155
$800,000
150
$600,000
145 140
$400,000
135
$200,000
130 125
$-
2014
2015
Median Selling Price
2016
2017
2018
Total Units Sold
San Rafael
/ Marin County Q2 Market Update
Sausalito 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
$5M and up $5M and up
Up to $1M
$1M - $3M $1M - $3M
$3M - $5M
$3M - $5M
Q2
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
-16%
-66%
14%
-
72%
{ 2018 vs. 2017 }
Change 2018
$1,650,000 10
$1,073
-3%
143
2017
$1,954,000 29
$937
2%
83
2016
$1,807,500
22
$1,077
2%
85
2015
$1,960,000 19
$1,116
3%
146
2014
$1,614,150
$945
-1%
97
20
Median Sale Price | Total Units Sold 35
$2,500,000
30
$2,000,000
25 $1,500,000
20
$1,000,000
15 10
$500,000
5
$-
0
2014
2015
Median Selling Price Marin County Q2 Market Update / Sausalito
2016
2017
Total Units Sold
2018
at a glance {Q2 | 2018}
sausalito
-16
%
Change in Median Sale Price { 2018 vs. 2017 }
-66
%
Change in Units Sold { 2018 vs. 2017 }
10 Units Sold
1.7m
$
Median Sale Price
at a glance {Q2 | 2018}
tiburon
10
%
Change in Median Sale Price { 2018 vs. 2017 }
-35
%
Change in Units Sold { 2018 vs. 2017 }
30 Units Sold
3.0m
$
Median Sale Price
Tiburon Single Family Homes Sales
units sold Sales Volume- Area Page Total Volume Area Page by Price Category
Total Up to $1MUnits
Sold by Price Category
$5M and up $1M - $3M $5M and up Up to $1M $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
10%
-35%
7%
-
42%
2018
$2,968,750
30
$1,057
-1%
122
2017
$2,691,000
46
$985
0%
86
2016
$2,215,000
37
$952
-1%
100
2015
$2,545,000
35
$949
-1%
117
2014
$3,100,000
40
$917
-2%
165
Q2 { 2018 vs. 2017 }
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 $-
2014
2015
Median Selling Price
2016
2017
2018
Total Units Sold
Tiburon
/ Marin County Q2 Market Update
MARIN COUNTY
Extraordinary Results We celebrate the notable success of our associates and clients
SAUSALITO ROSS
Banana Belt Beauty Ross Romantic Meets Designer Chic Last LastAsking Asking$5,600,000 $1,865,000
SAUSALITO
Banana Belt Beauty Last Asking $5,795,000 TIBURON
Grand Home in Tiburon Last Asking $5,260,000 CORTE MADERA
Iconic Madera Gardens Gem Last Asking $1,750,000 SAN ANSELMO
Quintessential San Anselmo Living in the Coveted Flats Last Asking $1,595,000 *in order from left to right, top to bottom
sothebyshomes.com/sanfrancisco
SF BAY AREA atherton estate COASTAL | 83moultondr.com COMPOUND | SFCOASTALESTATE.COM
The Peninsula market snapshot atherton burlingame hillsborough los altos hills menlo park woodside
The Peninsula
Market Snapshot
ASP vs Units sold $1,600,000
6,000
$1,400,000 $5M and Up
5,000
Up to $1M $1,200,000
4,000
$1,000,000 $3M - $5M $800,000
3,000
$600,000
2,000
$400,000
$1M - $3M
1,000
$200,000 $-
0
2014
Sales Volume by Price Category
10 % 65 % 15% 10 %
2015
Median Sale Price
$1 Million to $3 Million
Total Units Sold
Over $5 Million
2017
2018
Median Sale Price vs. Total Units Sold
Under $1 Million
$3 Million to $5 Million
2016
Q2 2018 Highlights
The Peninsula
14.0% 12.0% 10.0% 8.0%
$5M and Up
6.0%
Total Units
$3M - $5M
4.0%
Up to $1M 2.0% 0.0% -2.0% -4.0%
Woodside
Menlo Park
Los Altos Hills
Hillsborough
Burlingame
Atherton
-6.0% $1M - $3M
Final Sale vs. Original List
-2 % 11% -1 % 5% 9% -5%
Atherton Burlingame Hillsborough Los Altos Hills
Total Units Sold by Price Category
761 2,462 260 75
Under $1 Million $1 Million to $3 Million $3 Million to $5 Million Over $5 Million
Menlo Park Woodside
Q2 Highlights
/ The Peninsula Q2 Market Update
at a glance {Q2 | 2018}
atherton
48
%
Change in Median Sale Price { 2018 vs. 2017 }
-17
%
Change in Units Sold { 2018 vs. 2017 }
20 Units Sold
7.6m
$
Median Sale Price
Atherton Single Family Homes Sales
Sales Volume by Price Category
Total Units Sold by Price Category
Total Volume - Area Page Up to $1M
$1M - $3M
Up to $1M $1M - $3M
$3M - $5M
units sold - Area Page
$3M - $5M $5M and up
$5M and up
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
48%
-17%
-3%
-
80%
2018
$7,600,000
20
$1,511
-2%
39
2017
$5,137,500
24
$1,557
-1%
22
2016
$6,350,000 22
$1,485
-3%
61
2015
$4,850,000 23
$1,488
1%
18
2014
$4,250,000 25
$1,190
-1%
32
Q2 { 2018 vs. 2017 }
Change
Median Sale Price | Total Units Sold $8,000,000
30
$7,000,000
25
$6,000,000
20
$5,000,000 $4,000,000
15
$3,000,000
10
$2,000,000
5
$1,000,000
0
$-
2014
2015
Median Selling Price
2016
2017
2018
Total Units Sold
Atherton
/ The Peninsula Q2 Market Update
Burlingame
Single Family Home Sales
Sales Volume by Price Category Total Volume Area Page $5M and up
Total Units Sold by Price Category
Up to $1M
toup $1M $5MUp and
$3M - $5M
$3M - $5M
units sold - Area Page
$1M - $3M
$1M - $3M
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
-1%
-11%
14%
-
-3%
2018
$2,375,000
50
$1,204
11%
13
2017
$2,400,000 56
$1,060
9%
14
2016
$2,100,000
50
$966
8%
16
2015
$2,000,000 55
$983
12%
11
2014
$1,703,000
$821
3%
15
Q2 { 2018 vs. 2017 }
Change
61
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
2014
2015
Median Selling Price The Peninsula Q2 Market Update / Burlingame
2016
2017
Total Units Sold
2018
at a glance {Q2 | 2018}
burlingame
-1
%
Change in Median Sale Price { 2018 vs. 2017 }
-11
%
Change in Units Sold { 2018 vs. 2017 }
50 Units Sold
2.4m
$
Median Sale Price
at a glance {Q2 | 2018}
hillsborough
8
%
Change in Median Sale Price { 2018 vs. 2017 }
-24
%
Change in Units Sold { 2018 vs. 2017 }
25 Units Sold
4.2m
$
Median Sale Price
Hillsborough Single Family Homes Sales
Sales Volume by Price Category
Total Units Sold by Price Category
Total Volume - Area Page Up to $1M $1M - $3M
Up to $1M $1M - $3M
$5M and up - Area Page units sold
$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
8%
-24%
10%
-
77%
2018
$4,229,000
25
$1,194
-1%
20
2017
$3,900,000 33
$1,084
2%
11
2016
$3,800,000 35
$1,052
-2%
31
2015
$3,750,000
$1,003
3%
14
2014
$3,000,000 39
$838
-5%
27
Q2 { 2018 vs. 2017 }
Change
35
Median Sale Price | Total Units Sold $4,500,000
45
$4,000,000
40
$3,500,000
35
$3,000,000
30
$2,500,000
25
$2,000,000
20
$1,500,000
15
$1,000,000
10
$500,000
5
$-
0
2014
2015
Median Selling Price
2016
2017
2018
Total Units Sold
Hillsborough
/ The Peninsula Q2 Market Update
Los Altos Hills Single Family Home Sales
Sales Volume
Total Units Sold by Price Category
Total Volume Area Page by Price Category Up to $1M $1M - $3M
Up to $1M
$5M and up $5M and up units sold -
$1M - $3M
Area Page $3M - $5M
$3M - $5M
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
10%
-36%
13%
-
19%
2018
$3,480,000
88
$1,328
5%
18
2017
$3,150,000
137
$1,178
5%
15
2016
$2,970,000
144
$1,142
1%
29
2015
$2,850,000 116
$1,144
9%
12
2014
$2,410,000
$881
-1%
18
Q2 { 2018 vs. 2017 }
Change
123
Median Sale Price | Total Units Sold
160
$4,000,000 $3,500,000
140
$3,000,000
120
$2,500,000
100
$2,000,000
80
$1,500,000
60
$1,000,000
40 20
$500,000
0
$-
2014
2015
Median Selling Price The Peninsula Q2 Market Update / Los Altos Hills
2016
2017 Total Units Sold
2018
at a glance {Q2 | 2018}
los altos hills
10
%
Change in Median Sale Price { 2018 vs. 2017 }
-36
%
Change in Units Sold { 2018 vs. 2017 }
88 Units Sold
3.5m
$
Median Sale Price
at a glance {Q2| 2018}
menlo park
27
%
Change in Median Sale Price { 2018 vs. 2017 }
-27
%
Change in Units Sold { 2018 vs. 2017 }
71 Units Sold
2.8m
$
Median Sale Price
Menlo Park Single Family Homes Sales
Sales Volume by Price Category Total Volume Area Page
Total Units Sold by Price Category
Up to $1M
$5M and up
Upand to $1M $5M up
units sold - Area Page $1M - $3M
$3M - $5M $1M - $3M
$3M - $5M
Q2
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
27%
-27%
13%
-
-15%
{ 2018 vs. 2017 }
Change 2018
$2,800,000 71
$1,367
9%
13
2017
$2,200,000 97
$1,208
4%
16
2016
$2,215,000
$1,154
4%
20
2015
$2,000,000 102
$1,092
7%
14
2014
$1,904,225
$975
5%
15
97
101
Median Sale Price | Total Units Sold $3,000,000
120
$2,500,000
100
$2,000,000
80
$1,500,000
60
$1,000,000
40
$500,000
20
$-
0
2014
2015
Median Selling Price
2016
2017
2018
Total Units Sold
Menlo Park
/ The Peninsula Q2 Market Update
Woodside Single Family Home Sales
Sales Volume Total Volume Area Page
Total Units Sold by Price Category
by Price Category Up to $1M
Up to $1M
$1M - $3M
units sold - Area Page
$3M - $5M $5M and up $1M - $3M
$5M and up
$3M - $5M
Q2
Median Sale Price
Total Units Sold
Average Price Per Sq. Ft.
Median Sale vs. Average Days Original List on Market
33%
-24%
12%
-
285%
{ 2018 vs. 2017 }
Change 2018
$2,653,200 13
$1,194
-5%
72
2017
$1,995,000 17
$1,063
2%
19
2016
$3,182,500 22
$1,163
-2%
37
2015
$2,750,000 21
$1,354
8%
19
2014
$2,517,000
$771
-18%
33
33
Median Sale Price | Total Units Sold $3,500,000
35
$3,000,000
30
$2,500,000
25
$2,000,000
20
$1,500,000
15
$1,000,000
10
$500,000
5
$-
0
2014
2015
Median Selling Price The Peninsula Q2 Market Update / Woodside
2016
2017
Total Units Sold
2018
at a glance {Q2 | 2018}
woodside
33
%
Change in Median Sale Price { 2018 vs. 2017 }
-24
%
Change in Units Sold { 2018 vs. 2017 }
13 Units Sold
2.7m
$
Median Sale Price
THE PENINSULA
Extraordinary Results We celebrate the notable success of our associates and clients
LOS ALTOS SARATOGA HILLS
Secluded with Views in Saratoga Los Altos Modern Hills Last Last Asking Asking $7,000,000 $4,588,000
PALO ALTO
Extraordinary Modern Craftsman Last Asking $5,798,000 LOS ALTOS HILLS
12170 Dawn Lane Last Asking $3,750,000 SAN CARLOS
San Carlos Home with Views and Pool Last Asking $2,550,000 SAN JOSE
Gorgeous Willow Glen Last Asking $2,350,000 *in order from left to right, top to bottom
sothebyshomes.com/sanfrancisco
UPCOMING AUCTIONS MONTEREY 24-25 AUGUST AUBURN FALL 30 AUGUST-2 SEPTEMBER HERSHEY 11-12 OCTOBER THE PORSCHE 70TH ANNIVERSARY SALE 27 OCTOBER LOS ANGELES 8 DECEMBER
1956 Maserati A6G/2000 Berlinetta Coachwork by Zagato Chassis no. 2124
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