Q4 | 2017
Wine Country
Market Update
SANTA ROSA
sothebyshomes.com/0244591 Offered at $7,800,000
ST. HELENA
sothebyshomes.com/0243680 Offered at $42,000,000
a message from
Jonathan Soh Brokerage Manager
The fires of October 2017 seriously impacted the local housing market by destroying roughly 7,000 homes, however, we as a community have come together in force to place families in new homes or temporary housing and have shown tremendous support throughout these challenging times. The full effects remain to be seen, but, according to the Bay Area Real Estate Information Services, immediate activity in Q4 2017 showed a marked increase of home purchases since October 2017. The Santa Rosa/Windsor market, one of the hardest hit by the fires, had a 12% increase in Sales Volume from $269 million in Q4 2016 to $300 million in Q4 2017 and experienced a 12% increase in Average Selling Price to $722,000. The Sonoma Valley market had a 9% increase in Sales Volume from $99 million in Q4 2016 to $108 million in Q4 2017 and experienced a 10% increase in Average Selling Price to $1.2 million. Another hard-hit market was the City of Napa which experienced a 4% increase in Sales Volume from $157 million in Q4 2016 to $164 million in Q4 2017 and an 18% increase in Average Selling Price to $857,000. Despite the fires, the City of Healdsburg continued to flourish during the 4th Quarter of 2017. Sales Volume increased 42% from $46 million in Q4 2016 to $66 million in Q4 2017 and Average Selling Price increased 8% to $1.2 million. While not directly hit by the fires, Healdsburg became a retreat for many displaced Santa Rosa residents. It is a very popular second home market and it is encouraging to see buyers continue to invest in the Wine Country region. sothebyshomes.com/winecountry
calbre
phone
1173646
jonathan.soh@sothebyshomes.com
707 935 2503
All data within this document is pulled from the Bay Area Real Estate Information Services (BAREIS) and represent the sale of single family homes. SIR CalBRE#: 899496
Featured Properties We invite you to explore our exclusive offerings at S OTHEBYS H O ME S.C O M/ WIN E C O U N TRY
SONOMA
Sonoma Mountain Estate | Offered at $4,275,000 sothebyshomes.com/0244468
GLEN ELLEN
Offered at $5,650,000 Web: 0244539 SANTA ROSA
Offered at $7,750,000 Web: 0244205 NAPA
Offered at $2,775,000 Web: 0244557 HEALDSBURG
Offered at $6,295,000 Web: 0244562 *in order from left to right, top to bottom
sothebyshomes.com/winecountry
Market Snapshot Q4
Napa County
Calistoga 5%
St. Helena & Yountville 12%
Calistoga 5%
St. Helena & Yountville 20%
Napa 75%
Napa 83%
Total Units Sold
units
Total Dollar Volume 236 234 264 230
2014 2015 2016 2017
179 m $ 237m $ 226m $ 219m $
volume
Q4 Highlights Napa County
Highlight: ASP vs DOM $1.2
120
$1.0
100
$0.8
80
$0.6
60
$0.4
40
$0.2
20
$0.0
-
2014
2015
2016
Average Sale Price
2017
Days on Market
*Price in Millions
Average Selling Price
Days On Market 758k $ 1.0m $ 854k $ 952k $
average selling price
2014 2015 2016 2017
73 94 70 102
days on market
Napa County Q4 Highlights
/ Wine Country Q4 Market Update
at a glance {Q4 | 2017}
st helena & yountville
{2017 v 2016}
-20%
28 Units Sold
-7%
126 Days on Market
+6%
1.6m
$
Average Selling Price
-15%
44m
$
Sales Volume
St. Helena/Yountville Vol
Closed Sales Volume
24%
$4.7M $3.3M $23.8M
53% 23%
< 1M $1M - $2.0M About
Below $1 Million $1 - 2 Million $ Over 2 Million
$2.0M and up
St. Helena and Yountville Located north of Napa, St. Helena and Yountville are often referred to as the heart of Napa Valley. The area is home to some of the best wineries, restaurants and shopping in Wine Country.
|
Units by Price Point on Market St. Helena/YountvilleUnitsDays by Price points 45
200 180 160 140 120 100 80 60 40 20 -
40 35 30 25 20 15 10 5 -
2014 < 1M
2015 $1M - $2.0M
2016 $2.0M and up
Units by Price Point Below $1 Million
$1 - 2 Million
2017 Days on Market
Days on Market $ Over 2 Million St. Helena and Yountville
/ Wine Country Q4 Market Update
Napa- Volume 11%
Closed Sales Volume 31%
< 1M
$94.0M $51.3M $18.3M
58%
$1M - $2.0M
Below $1 Million $1 - 2 Million $ Over 2 Million
$2.0M and up
About
Napa The City of Napa, at the southern end of Napa Valley, was incorporated in 1872 and is the primary business and economic center of the Napa Valley. It is also a world-class destination for Wine Country excursions.
|
Units by Price Point Days on Market Napa - Units by Price points
250
106 104
200
102 100
150
98 96
100
94 92
50
90 -
88
2014 < 1M
2015 $1M - $2.0M
2016 $2.0M and up
Units by Price Point Below $1 Million
Wine Country Q4 Market Update / Napa
$1 - 2 Million
2017 Days on Market
Days on Market $ Over 2 Million
at a glance {Q4 | 2017}
napa
{2017 v 2016}
-11%
191 Units Sold
+4%
98 Days on Market
+18%
857k
$
Average Selling Price
+4%
164m
$
Sales Volume
at a glance {Q4 | 2017}
calistoga {2017 v 2016}
-21%
11 Units Sold
-3%
116 Days on Market
-16%
990k
$
Average Selling Price
-34%
11m
$
Sales Volume
Wine Country Q2 Market Update / Calistoga
Calistoga- Volume
27%
Closed Sales Volume
43%
$4.7M $3.3M $2.9M
30%
< 1M
$1M - $2.0M
Below $1 Million $1 - 2 Million $ Over 2 Million
$2.0M and up
About
Calistoga Located at the top of Napa Valley, Calistoga is famous for its geothermal hot springs, mud baths, world class restaurants, wineries and historic downtown shops.
| Calistoga - Units by Price points
Units by Price Point Days on Market 16
160
14
140
12
120
10
100
8
80
6
60
4
40
2
20
-
-
2014 < 1M
2015 $1M - $2.0M
2016 $2.0M and up
Units by Price Point Below $1 Million
$1 - 2 Million
2017 Days on Market
Days on Market $ Over 2 Million Calistoga
/ Wine Country Q4 Market Update
Market Snapshot Q4
Russian River 8%
Sonoma County
Sonoma Coast 7%
Highlig Closed S Volum
Russian River 5%
Sonoma Coast 8%
Healdsburg 6%
Sonoma 11%
Sonoma 15% Sonoma
Petaluma 13%
Santa Rosa 48%
Santa Rosa 42%
Sebastopol 7%
Healdsburg 9%
Healdsbu
Petaluma 12%
Sebastop
Petaluma
Santa Ros
Russian R
Sonoma C Sebastopol 9%
Total Units Sold
Total Dollar Volume
units
895 932 839 864
2014 2015 2016 2017
569m $ 609m $ 629m $ 714m $
volume
Q4 Highlights Sonoma
Highlight: ASP vs DOM $900
County
100
$800 95
$700 $600
90
$500 $400
85
$300 $200
80
$100 $0
75
2014
2015
2016
2017
*Price in Thousands
Average Sale Price
Days on Market
Average Selling Price
Days On Market
636k $ 653k $ 749k $ 827k
$
average selling price
2014 2015 2016 2017
82 95 97 92
days on market
Sonoma County Q4 Highlights
/ Wine Country Q4 Market Update
at a glance {Q4 | 2017}
sonoma valley {2017 v 2016}
-1%
92 Units Sold
+11%
109 Days on Market
+10%
1.2m
$
Average Selling Price
+9%
108m
$
Sales Volume
Sonoma Valley - Volume
Closed Sales Volume
32%
35%
$34.8M $35.9M $37.8M
Below $1 Million $1 - 2 Million $ Over 2 Million
33%
< 1M
$1M - $2.0M
$2.0M and up
About
Sonoma Valley Although world-renowned as a wine mecca, Sonoma Valley maintains the tight-knit feel of a small community. It is an area rich in history surrounded by breathtaking natural beauty.
|
Units by Price Point Days on Market Sonoma Units by Price points 140
110
120
108 106
100
104
80
102
60
100 98
40
96
20
94
-
92
2014 < 1M
2015 $1M - $2.0M
2016 $2.0M and up
Units by Price Point Below $1 Million
$1 - 2 Million
2017 Days on Market
Days on Market $ Over 2 Million Sonoma Valley
/ Wine Country Q4 Market Update
Healdsburg - Volume
Closed Sales Volume
30% 40%
$26.3M $19.7M $19.8M
Below $1 Million $1 - 2 Million $ Over 2 Million
30%
< 1M
$1M - $2.0M
$2.0M and up
About
Healdsburg Healdsburg is a historic, yet vibrant community with worldwide recognition as a popular destination for visitors looking to experience first class hotels, spas, restaurants and wineries.
|
UnitsHealdsburg by Price Point Days Market Units by Priceon points 180
60
160
50
140
40
120 100
30
80
20
60 40
10
20
-
-
2014
2015
< 1M
$1M - $2.0M
$2.0M and up
Units by Price Point Below $1 Million
$1 - 2 Million
Wine Country Q4 Market Update / Healdsburg
2017
2016
Days on Market
Days on Market $ Over 2 Million
at a glance {Q4 | 2017}
healdsburg
{2017 v 2016}
+31%
55 Units Sold
-20%
125 Days on Market
+8%
1.2m
$
Average Selling Price
+42%
66m
$
Sales Volume
at a glance {Q4 | 2017}
petaluma {2017 v 2016}
-15%
111 Units Sold
+27%
96 Days on Market
+10%
812k
$
Average Selling Price
-6%
90m
$
Sales Volume
Wine Country Q2 Market Update / Petaluma
Petaluma - Volume 0%
Closed Sales Volume
28%
$64.5M $25.7M -
72%
< 1M
$1M - $2.0M
Below $1 Million $1 - 2 Million $ Over 2 Million
$2.0M and up
About
Petaluma Petaluma offers a little slice of California history to all who come to sample its Victorian delights and colorful events. The surrounding countryside has been home to farmers and ranchers for more than a century.
| Petaluma Units by Price points
Units by Price Point Days on Market 160
120
140
100
120 80
100 80
60
60
40
40 20
20 -
-
2014 < 1M
2015 $1M - $2.0M
2016 $2.0M and up
Units by Price Point Below $1 Million
$1 - 2 Million
2017 Days on Market
Days on Market $ Over 2 Million Petaluma
/ Wine Country Q4
Market Update
Sebastopol - Volume 12%
Closed Sales Volume 31%
< 1M
$35.4M $19.3M $7.1M
57%
$1M - $2.0M
Below $1 Million $1 - 2 Million $ Over 2 Million
$2.0M and up
About
Sebastopol Sebastopol has a rich history as an apple growing region, and although apples have all but been completely supplanted by wine grapes, the town still celebrates its agricultural roots.
|
UnitsSebastopol by Price Point Market Units byDays Priceon points 80
140
70
120
60
100
50
80
40
60
30
40
20 10
20
-
-
2014 < 1M
2015 $1M - $2.0M
2016 $2.0M and up
Units by Price Point Below $1 Million
Wine Country Q4 Market Update / Sebastopol
$1 - 2 Million
2017 Days on Market
Days on Market $ Over 2 Million
at a glance {Q4 | 2017}
sebastopol {2017 v 2016}
+16%
66 Units Sold
-17%
95 Days on Market
-6%
936k
$
Average Selling Price
+9%
62m
$
Sales Volume
at a glance {Q4 | 2017}
santa rosa & windsor {2017 v 2016}
+0%
415 Units Sold
-23%
76 Days on Market
+12%
722k
$
Average Selling Price
+12%
300m
$
Sales Volume
Santa Rosa - Volume 5%
Closed Sales Volume
24%
71%
< 1M
About
$1M - $2.0M
$214.1M $70.7M $15.0M
Below $1 Million $1 - 2 Million $ Over 2 Million
$2.0M and up
Santa Rosa Santa Rosa is the largest city in Sonoma County and serves as the areaâ&#x20AC;&#x2122;s economic hub. Santa Rosa enjoys a relatively cosmopolitan environment with many of the quaint smaller towns of Sonoma County just a short ride away.
|
Units Sold by Price Point Days on Market Santa Rosa Units by Price points 500
120
450
100
400 350
80
300 250
60
200
40
150 100
20
50 -
-
2014 < 1M
2015 $1M - $2.0M
Units by Price Point Below $1 Million
$1 - 2 Million
2016 $2.0M and up
2017 Days on Market
Days on Market
$ Over 2 Million Santa Rosa and Windsor
/ Wine Country Q4 Market Update
Russian River - Volume 7%
Closed Sales Volume
40%
$13.4M $17.4M $2.2M
53%
<$500K
About
$500K - $1M
Below $500,000 $500,000 - $1 Million $ Over 1 Million
$1M and up
Russian River As the Russian River winds its way through Sonoma County, it creates a tranquil corridor of moving water, riverside greenery and charming towns both large and small. Rafting and kayaking enthusiasts can float the Russian River all the way to the Pacific Ocean.
|
Units by Price Market Russian River Point Units byDays Price on points 90
140
80
120
70
100
60 50
80
40
60
30
40
20
20
10 -
-
2014
2015
<$500K
$500K - $1M
Units by Price Point Below $500,000
$500,000 - $ 1 Million
Wine Country Q4 Market Update / Russian River
2016 $1M and up
2017 Days on Market
Days on Market
$ Over 1 Million
at a glance {Q4 | 2017}
russian river
{2017 v 2016}
+5%
66 Units Sold
-24%
76 Days on Market
+4%
501k
$
Average Selling Price
+9%
33m
$
Sales Volume
at a glance {Q4 | 2017}
sonoma coast {2017 v 2016}
+59%
59 Units Sold
+36%
159 Days on Market
+11%
937k
$
Average Selling Price
+77%
55m
$
Sales Volume
Sonoma Coast - Volume 0%
Closed Sales Volume
43%
$23.9M $31.4M -
57%
< 1M
About
$1M - $2.0M
Below $1 Million $1 - 2 Million $ Over 2 Million
$2.0M and up
Sonoma Coast Sonoma Coast stretches many miles along the Pacific Ocean from Bodega Head up to Mendocino County. Residents enjoy access to a string of beaches, separated from the mainland and each other by headlands and rocky bluffs.
|
Units by Price Point Days onpoints Market Sonoma Coast Units by Price 70
180 160
60
140
50
120
40
100
30
80 60
20
40
10
20
-
-
2014 < 1M
2015 $1M - $2.0M
Units by Price Point Below $1 Million
$1 - 2 Million
2016 $2.0M and up
2017 Days on Market
Days on Market
$ Over 2 Million Sonoma Coast
/ Wine Country Q4 Market Update
Extraordinary Results We celebrate the notable success of our associates and clients
PETALUMA
Equisite Estate with Panoramic Views Last asking $1,675,000
ST. HELENA
A St. Helena Jewel Last asking $3,750,000 THE SEA RANCH
Gracious Seaside Retreat Last asking $1,225,000 GLEN ELLEN
New, Modern Style Last asking $1,060,000 SONOMA
Stunning Modern George Ranch Estate Last asking $2,995,000 *in order from left to right, top to bottom
sothebyshomes.com/winecountry
ARTIST NAME Title of Work, 19XX Estimate £XX,000–XX,000
Property from the Collection of Herb and Helen Gordon BIKASH BHATTACHARJEE Untitled (Rooftops), 1964 Estimate $ 70,000 – 90,000
Asia Week Auctions New York 19–24 March 2018
The Great Within:
MING: Luminous Dawn
Important Chinese Art
The Chew Family
Photographs of India
of Empire
Auction 21 March
Collection of Chinese
and the British Raj in
Auction 20 March
the 19th century
Paintings & Calligraphy
The Richard R. and
Auction 22 March
Jingyatang: Treasures
Magdalena Ernst
of Buddhist Sculpture
Collection of Himalayan Art
Fine Classical Chinese
Auction 20 March
Auction 22 March
Paintings & Calligraphy
KANGXI: The Jie Rui
Indian, Himalayan
Tang Collection
and Southeast Asian
Saturday at Sotheby’s:
Sale Title 15–28 March
Auction March Sale 20 Title
Auction X–X Month Modern & Contemporary
AuctionChinese X–X Month Inspired: Art from
Works of Art Sale Title Auction 22 March Auction X–X Month
Asian Art Sale Title Auction 24 March Auction X–X Month
Selling exhibition 14–29 March Luis Chan: The World Comes to Him Selling Exhibition
Sale TitleArt South Asian Auction 19 March Auction X Month
theSale Collection Title of Gerson and Judith Leiber Auction X Month Auction 20 March
Auction 23 March
Sale Title
Sale Title
Auction X Month
Auction X Month
We invite you to explore our real estate listings at sothebyshomes.com and view the worldwide auction schedule at sothebys.com/auctions. Viewing XX–XX Month 1334 YORK AVENUE, NEW YORK, NY 10021 1334 YORK AVENUE, NEW YORK, NY 10021
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