Sonoma, CA | web ID: 1990470
Wine Country Market Update Third Quarter 2016 SONOMA & NAPA - WINE COUNTRY BROKERAGES 25 East Napa Street, Sonoma | t: 707.935.2288 722 Broadway Street, Sonoma | t: 707.939.2230 428 First Street East, Sonoma | t: 707.939.4460
sothebyshomes.com
All data within this document is pulled from the Bay Area Real Estate Information Services (BAREIS)
A MESSAGE FROM OUR MANAGER: Jonathan Soh According to Bay Area Real Estate Information Services, inconsistencies among Wine Country markets existed in nearly all categories when comparing Q3 2015 to Q3 2016. Closed volume of single-family homes varied from a 55% increase in St. Helena/ Yountville from $48.7 million in Q3 2015 to $75.5 million in Q3 2016, to a 17% decline in Healdsburg from $56.8 million to $47.3 million, to a 3% decline in Santa Rosa/Windsor from $360.2 million to $349.6 million during the same period. Average sales price also varied. A very robust St. Helena/Yountville market showed a 76% increase in average sales price between Q3 2015 and Q3 2016 from $1.19 million to $2.10 million. Sebastopol, however, showed a 14% decline in average sales price from $1.01 million to $874,000 and Napa showed a 3% decline from $828,000 to $803,000 during the same time period. Other market indicators including Days on Market and Units Closed also varied across the region. Compared to recent years, the Wine Country market appears to be balancing itself. Properties in premium locations are still in high demand. A strong job market and Bay Area economy continues to fuel the market which is good for sellers, however increases in Days on Market gives opportunities for buyers, providing a healthy equilibrium.
SONOMA VALLEY MARKET SUMMARY (SFH) The Sonoma Valley market eased its stride in the 3rd Quarter of 2016. Closed Sales Volume decreased 12% between Q3 2015 and Q3 2016 from $146,637,971 to $ 128,711,019. In particular, the price category $2M and up declined a noticeable 22% from $55,771,248 to $43,306,000. Closed Units also declined in Q3, from 132 units in Q3 2015 to 114 units in Q3 2016. This is a 14% drop year over year, and a 22% drop over Q3 2013 when 146 units close in Sonoma Valley. It is subsequently not a surprise that Days on Market increased 26% in Q3 2016 over Q3 2015 from 78 days to 98 days. Of particular note, is the price category between $1-2M where Days on Market increased 81% from 74 days to 135 days. Despite an obvious slow-down, Overall Average Sales Price managed to increase 2% between Q3 2015 and Q3 2016. While sales below $2M posted a 10% gain in Average Sale Price, Average Sale Price for sales above $2M declined by 22%.
SONOMA VALLEY VOLUME
34% 34%
38%
< 1M
38%
$1M - $2.0M < 1M $2.0M and up $1M - $2.0M $2.0M and up
28% 28%
ST. HELENA/YOUNTVILLE MARKET SUMMARY The St. Helena/Yountville market boasted robust results in the 3rd Quarter of 2016. Closed Sales Volume increased 55% between Q3 2015 and Q3 2016 from $48,706,400 to $75,462,933. Dissimilar to the Sonoma Valley market, Sales Volume in the price category $2M and up increased 424% from $8,850,000 to $46,356,000 speaking very positively for the luxury home market. While overall the number of Closed Units declined 12% in St. Helena Q3 2015 over Q3 2016, the number of sales $2M and up increased a very impressive 267% from 3 to 11 closed units. Understandably the Average Sales Price in the St. Helena/Yountville Market increased 76% between Q3 2015 and Q3 2016 from $1,187,961 to $2,096,193 and specifically in the price category $2M and up, Average Sales Price increased 43% to $4,214,182. It is unclear as to the real reason behind these strong numbers in St. Helena/Yountville, but it appears they may have been at the expense of other Wine Country second home markets such as Sonoma and Healdsburg which cooled in Q3 2016.
ST. HELENA/YOUNTVILLE VOLUME 10% 10%
< 1M
29% 61% 61%
29%
$1M - $2.0M < 1M $2.0M and up $1M - $2.0M $2.0M and up
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.
SIGNIFICANT SALES Q3 2016
left to right from top to bottom:
YOUNTVILLE | $10,200,000 SAINT HELENA | $4,995,000 KENWOOD | $4,195,000 SONOMA | $2,975,000 NAPA | $2,900,000 CALISTOGA | $2,248,000 SANTA ROSA | $2,000,000 GLEN ELLEN | $1,295,000 PETALUMA | $1,260,000 sothebyshomes.com
WINE COUNTRY
With world renowned wineries, farm-fresh food, and a sophisticated yet laid-back culture, itâ&#x20AC;&#x2122;s no wonder Wine Country has such enduring appeal. Its vibrant arts and culture combined with its natural beauty make it one of the most coveted destinations in America. Viticulture and wine-making have been practiced in the region since the mid-19th century, and there are now over 400 wineries in the area north of San Francisco. Wine Country is generally regarded as the combined counties of Napa, Sonoma, Mendocino, and Lake. These counties contain more than 30 American Viticultural Areas (AVAs). sothebyshomes.com
NAPA
SINGLE FAMILY HOME SALES Q3 DAYS ON MARKET PRICE RANGE
2013
2014
2015
2016
% CHANGE (2016 v 2015)
LESS THAN $1M
83
84
77
89
16%
$1M - $2M
118
106
104
141
35%
Days on Market 100 95 90 85
$2M AND UP
216
185
139
140
1%
TOTALS
89
89
83
97
17%
80 75 2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE LESS THAN $1M
2013
2014
2015
2016
$510,387
$542,795
$597,199
$640,001
% CHANGE (2016 v 2015)
7%
$900,000 $800,000 $700,000 $600,000 $500,000
$1M - $2M
$1,292,000 $1,369,923
$1,339,789
$1,367,358
2%
$2M AND UP
$3,128,571
$3,400,000
$4,413,375
$2,780,833
-37%
TOTALS
$638,944
$702,473
$827,583
$803,472
-3%
$400,000 $300,000 $200,000 $100,000 $2013
2014
Average List Price
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE LESS THAN $1M $1M - $2M
% CHANGE
2013
2014
2015
2016
227
151
209
202
-3%
18
24
38
27
-29%
(2016 v 2015)
300 250 200 150 100
$2M AND UP
7
3
8
9
13%
252
178
255
238
-7%
2013
2014
2015
2016
LESS THAN $1M
$115,857,910
$81,962,117
$124,814,555
$129,280,173
4%
$1M - $2M
$23,256,000
$32,878,160
$50,912,000
$36,918,660
-27%
$2M AND UP
$21,900,000
$10,200,000
$35,307,000
$25,027,500
-29%
TOTALS
$161,013,910
$125,040,277
$211,033,555
$191,226,333
-9%
TOTALS
50 2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE
% CHANGE
$250,000,000
(2016 v 2015)
$200,000,000 $150,000,000
5
$100,000,000 $50,000,000 $2013
2014
2015
2016
ST. HELENA & YOUNTVILLE
SINGLE FAMILY HOME SALES
Q3 DAYS ON MARKET PRICE RANGE
2013
2014
2015
2016
% CHANGE (2016 v 2015)
LESS THAN $1M
155
114
183
150
-18%
$1M - $2M
195
149
101
125
24%
Days on Market 200 180 160 140 120 100 80
$2M AND UP
226
235
73
138
88%
60 40 20
TOTALS
181
147
145
135
-7%
2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
LESS THAN $1M
$780,964
$727,118
$757,539
$841,444
11%
$1M - $2M
$1,392,917
$1,365,588
$1,495,533
$1,345,871
-10%
$2M AND UP
$3,624,250
$5,210,445
$2,950,000
$4,214,182
43%
TOTALS
$1,404,850
$1,728,903
$1,187,961
$2,096,193
76%
$2,500,000
(2016 v 2015)
$2,000,000 $1,500,000 $1,000,000 $500,000 $2013
2014
Average List Price
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE
2013
2014
2015
2016
14
22
23
9
% CHANGE
50
(2016 v 2015)
45 40
LESS THAN $1M
-61%
35 30
$1M - $2M
12
16
15
16
7%
$2M AND UP
4
8
3
11
267%
30
46
41
36
-12%
2013
2014
2015
2016
LESS THAN $1M
$10,933,500
$15,996,588
$17,423,400
$7,573,000
-57%
$1M - $2M
$16,715,000
$21,849,410
$22,433,000
$21,533,933
-4%
$2M AND UP
$14,497,000
$41,683,556
$8,850,000
$46,356,000
424%
TOTALS
$42,145,500
$79,529,554
$48,706,400
$75,462,933
55%
25 20 15 10 5
TOTALS
2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE
% CHANGE (2016 v 2015)
$70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $-
SERVING SONOMA AND NAPA | sothebyshomes.com/sonoma-real-estate
2013
2014
2015
2016
6
CALISTOGA
SINGLE FAMILY HOME SALES Q3 DAYS ON MARKET PRICE RANGE LESS THAN $1M
2013
2014
2015
2016
% CHANGE (2016 v 2015)
103
147
81
115
42%
-
134
218
132
-40%
107
577
119
138
16%
Days on Market 180 160 140 120
$1M - $2M $2M AND UP
100 80 60 40 20
TOTALS
103
161
131
122
-7%
2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE LESS THAN $1M
% CHANGE
2013
2014
2015
2016
$606,026
$634,545
$627,625
$667,563
6%
-
$1,613,000
$1,293,000
$1,800,000
39%
(2016 v 2015)
$1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000
$1M - $2M $2M AND UP
$600,000 $400,000
$3,001,110
$2,400,000
$3,570,000
$3,146,667
-12%
$200,000 $2013
TOTALS
$834,129
$837,376
$1,387,250
$1,381,708
2014
Average List Price
0%
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
19
23
8
8
0%
$1M - $2M
-
4
5
1
-80%
$2M AND UP
2
1
3
3
0%
TOTALS
21
28
16
12
-25%
2013
2014
2015
2016
$11,514,500
$14,594,527
$5,021,000
$5,340,500
6%
-
$6,452,000
$6,465,000
$1,800,000
-72%
$2M AND UP
$6,002,219
$2,400,000
$10,710,000
$9,440,000
-12%
TOTALS
$17,516,719
$23,446,527
$22,196,000
$16,580,500
-25%
LESS THAN $1M
(2016 v 2015)
30 25 20 15 10 5 2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE LESS THAN $1M
% CHANGE (2016 v 2015)
$25,000,000 $20,000,000 $15,000,000
$1M - $2M
7
$10,000,000 $5,000,000 $2013
2014
2015
2016
SONOMA VALLEY
SINGLE FAMILY HOME SALES
Q3 DAYS ON MARKET PRICE RANGE
2013
2014
2015
2016
% CHANGE
Days on Market
(2016 v 2015)
LESS THAN $1M
93
94
76
77
1%
$1M - $2M
112
103
74
135
81%
$2M AND UP
297
142
96
142
47%
Sonoma
101
98
78
98
26%
120 100 80 60 40 20 2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE LESS THAN $1M
2013
2014
2015
2016
$525,737
$566,727
$602,902
$661,487
% CHANGE
$1,200,000 $1,000,000
10%
$1M - $2M
$1,332,669 $1,468,906 $1,328,874 $1,458,200
10%
$2M AND UP
$5,004,667 $3,042,275
-22%
$3,718,083 $2,887,067
$1,400,000
(2016 v 2015)
$800,000 $600,000 $400,000 $200,000 $2013
TOTALS
$778,050
$887,189
$1,110,894
$1,129,044
2%
2014
Average List Price
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE
2013
2014
2015
2016
LESS THAN $1M
114
109
89
$1M - $2M
29
23
$2M AND UP
3 146
% CHANGE
160
(2016 v 2015)
140
74
-17%
120
28
25
-11%
80
10
15
15
0%
142
132
114
-14%
2013
2014
2015
2016
LESS THAN $1M
$59,933,977
$61,773,240
$53,658,253
$48,950,019
$1M - $2M
$38,647,388
$2M AND UP
$15,014,000
TOTALS
$113,595,365
TOTALS
100 60 40 20 2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE
% CHANGE (2016 v 2015) -9%
$160,000,000 $140,000,000 $120,000,000 $100,000,000
$33,784,845
$37,208,470
$36,455,000
-2%
$80,000,000 $60,000,000
$30,422,750
$55,771,248
$43,306,000
-22%
$40,000,000 $20,000,000
$125,980,835
$146,637,971
$128,711,019
-12%
SERVING SONOMA AND NAPA | sothebyshomes.com/sonoma-real-estate
$2013
2014
2015
2016
8
HEALDSBURG
SINGLE FAMILY HOME SALES Q3 DAYS ON MARKET PRICE RANGE
2013
2014
2015
2016
% CHANGE (2016 v 2015)
LESS THAN $1M
99
78
72
90
24%
$1M - $2M
137
113
115
88
-24%
$2M AND UP
186
200
165
272
65%
TOTALS
114
95
93
101
9%
Days on Market 120 100 80 60 40 20 2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
$582,858
$598,663
$641,929
$700,249
9%
$1M - $2M
$1,244,000
$1,333,950
$1,498,267
$1,379,885
-8%
$2M AND UP
$3,620,417
$3,175,000
$3,606,000
$2,328,000
-35%
TOTALS
$985,785
$951,827
$1,135,956
$986,051
-13%
LESS THAN $1M
(2016 v 2015)
$1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $2013
2014
Average List Price
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE
2013
2014
2015
2016
LESS THAN $1M
45
36
31
$1M - $2M
9
10
$2M AND UP
6 60
% CHANGE
70
(2016 v 2015)
60
32
3%
50
15
13
-13%
4
4
3
-25%
50
50
48
-4%
2013
2014
2015
2016
LESS THAN $1M
$26,228,590
$21,551,850
$19,899,790
$1M - $2M
$11,196,000
$13,339,500
$2M AND UP
$21,722,500
TOTALS
$59,147,090
40
TOTALS
30 20 10 2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE
% CHANGE
$70,000,000
(2016 v 2015)
$60,000,000
$22,407,965
13%
$50,000,000
$22,474,000
$17,938,500
-20%
$12,700,000
$14,424,000
$6,984,000
-52%
$47,591,350
$56,797,790
$47,330,465
-17%
$40,000,000
9
$30,000,000 $20,000,000 $10,000,000 $2013
2014
2015
2016
SANTA ROSA & WINDSOR
SINGLE FAMILY HOME SALES
Q3 DAYS ON MARKET PRICE RANGE
2013
2014
2015
2016
% CHANGE (2016 v 2015)
LESS THAN $1M
78
72
77
77
1%
$1M - $2M
152
114
116
100
-13%
$2M AND UP
99
134
132
288
118%
TOTALS
80
75
79
81
3%
Days on Market 82 80 78 76 74 72 70 2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
$438,991
$490,593
$528,795
$553,772
5%
$1M - $2M
$1,268,022
$1,179,323
$1,191,117
$1,304,049
9%
$2M AND UP
$3,964,131
$2,381,250 $2,622,500
$2,656,625
1%
TOTALS
$464,902
$539,849
$625,474
6%
LESS THAN $1M
(2016 v 2015)
$700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $2013
$588,630
2014
Average List Price
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE LESS THAN $1M
2013
2014
2015
2016
538
552
574
520
% CHANGE
620
(2016 v 2015)
610
-9%
590
600 580
$1M - $2M
13
31
30
31
3%
$2M AND UP
1
4
8
8
0%
552
587
612
559
-9%
2013
2014
2015
2016
LESS THAN $1M
$236,177,305
$270,807,513
$303,528,207
$1M - $2M
$16,484,290
$36,558,998
$3,964,131 $256,625,726
570 560 550 540 530
TOTALS
520 2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE
% CHANGE (2016 v 2015)
$400,000,000
$287,961,364
-5%
$300,000,000
$35,733,500
$40,425,513
13%
$9,525,000
$20,980,000
$21,253,000
1%
$316,891,511
$360,241,707
$349,639,877
-3%
$350,000,000
$250,000,000
$2M AND UP TOTALS
$200,000,000 $150,000,000 $100,000,000 $50,000,000 $-
SERVING SONOMA AND NAPA | sothebyshomes.com/sonoma-real-estate
2013
2014
2015
2016
10
ROHNERT PARK & COTATI
SINGLE FAMILY HOME SALES Q3 DAYS ON MARKET PRICE RANGE
2013
2014
2015
2016
% CHANGE (2016 v 2015)
UP TO $500,000
71
83
65
67
4%
$500K - $1M
67
83
60
66
9%
$1,000,000 AND UP
-
-
-
135
-
Days on Market 90 80 70 60 50 40 30 20 10
TOTALS
70
83
63
68
8%
2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
UP TO $500,000
$394,223
$404,652
$434,485
$443,847
2%
$500K - $1M
$577,714
$574,586
$580,088
$579,101
0%
-
-
-
$1,197,500
-
$408,654
$441,197
$492,457
$534,682
9%
(2016 v 2015)
$600,000 $500,000 $400,000 $300,000
$1,000,000 AND UP
$200,000 $100,000 $2013
TOTALS
2014
Average List Price
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE UP TO $500,000 $500K - $1M
% CHANGE
2013
2014
2015
2016
82
73
65
41
-37%
7
20
43
54
26%
(2016 v 2015)
120 100 80 60 40
$1,000,000 AND UP
-
-
-
2
-
89
93
108
97
-10%
2013
2014
2015
2016
UP TO $500,000
$32,326,250
$29,539,600
$28,241,550
$18,197,739
-36%
$500K - $1M
$4,044,000
$11,491,723
$24,943,800
$31,271,438
25%
-
-
-
$36,370,250
$41,031,323
$53,185,350
TOTALS
20 2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE
% CHANGE (2016 v 2015)
$60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000
$1,000,000 AND UP TOTALS
11
$2,395,000
-
$10,000,000 $-
$51,864,177
-2%
2013
2014
2015
2016
SEBASTOPOL
SINGLE FAMILY HOME SALES
Q3 DAYS ON MARKET PRICE RANGE
2013
2014
2015
2016
% CHANGE (2016 v 2015)
LESS THAN $1M
86
81
96
83
-13%
$1M - $2M
124
110
116
73
-37%
$2M AND UP
360
-
502
279
-44%
93
84
111
87
-22%
Days on Market 120 100 80
TOTALS
60 40 20 2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE LESS THAN $1M
2013
2014
2015
2016
$603,897
$604,485
$669,604
$723,981
% CHANGE (2016 v 2015)
8%
$1,400,000 $1,200,000 $1,000,000 $800,000
$1M - $2M $2M AND UP
$1,315,727
$1,347,111
$1,279,126
$1,240,792
-3%
$2,046,500
-
$8,700,000
$2,787,500
-68%
$600,000 $400,000 $200,000 $2013
TOTALS
$693,058
$686,999 $1,013,355
$873,673
-14%
2014
Average List Price
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
LESS THAN $1M
92
72
54
55
2%
$1M - $2M
11
9
12
12
0%
$2M AND UP
1
-
2
2
0%
104
81
68
69
1%
2013
2014
2015
2016
LESS THAN $1M
$55,558,488
$43,522,891
$36,158,615
$1M - $2M
$14,473,000
$12,124,000
$15,349,516
$2M AND UP
$2,046,500
-
$17,400,000
$5,575,000
-68%
TOTALS
$72,077,988
$55,646,891
$68,908,131
$60,283,457
-13%
120
(2016 v 2015)
100 80 60 40
TOTALS
20 2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE
% CHANGE (2016 v 2015)
$80,000,000
$39,818,957
10%
$60,000,000
$14,889,500
-3%
$70,000,000
$50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $-
SERVING SONOMA AND NAPA | sothebyshomes.com/sonoma-real-estate
2013
2014
2015
2016
12
PETALUMA
SINGLE FAMILY HOME SALES Q3 DAYS ON MARKET PRICE RANGE
2013
2014
2015
2016
% CHANGE (2016 v 2015)
LESS THAN $1M
80
76
76
76
0%
$1M - $2M
136
88
109
133
22%
Days on Market 83 82 81 80 79 78 77
$2M AND UP
164
-
200
-
-
76 75 74
TOTALS
82
77
79
82
4%
73 2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
$520,144
$580,742
$601,634
$643,853
7%
$1M - $2M
$1,205,478
$1,121,600
$1,261,125
$1,341,176
6%
$2M AND UP
$2,160,000
-
$2,450,500
-
-
$550,417
$595,683
$661,797
$721,843
9%
LESS THAN $1M
(2016 v 2015)
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $2013
TOTALS
2014
Average List Price
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE LESS THAN $1M
2013
2014
2015
2016
183
176
179
135
% CHANGE (2016 v 2015)
250 200
-25% 150
$1M - $2M
6
5
12
17
42%
$2M AND UP
1
-
2
-
-100%
50
190
181
193
152
-21%
-
2014
2015
2016
% CHANGE
$140,000,000
$107,692,398
TOTALS
100
2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE
2013
(2016 v 2015)
$120,000,000
$86,920,135
-19%
$100,000,000
LESS THAN $1M
$95,186,425
$1M - $2M
$7,232,870
$5,608,000
$15,133,500
$22,800,000
51%
$2M AND UP
$2,160,000
-
$4,901,000
-
-100%
TOTALS
$104,579,295
$107,818,558
$127,726,898
$109,720,135
-14%
$102,210,558
$80,000,000
13
$60,000,000 $40,000,000 $20,000,000 $2013
2014
2015
2016
RUSSIAN RIVER
SINGLE FAMILY HOME SALES
Q3 DAYS ON MARKET PRICE RANGE LESS THAN $1M
2013
2014
2015
2016
% CHANGE (2016 v 2015)
99
89
72
77
7%
$1M - $2M
-
-
250
54
-79%
$2M AND UP
-
159
156
-
-
99
90
82
77
-6%
Days on Market 120 100 80
TOTALS
60 40 20 2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE LESS THAN $1M $1M - $2M $2M AND UP TOTALS
2013
2014
2015
2016
$340,724
$388,037
$405,188
$434,896
-
-
$1,212,281
-
$2,195,000 $2,100,000
$340,724
$408,571
$461,924
$1,050,000 $449,542
% CHANGE (2016 v 2015)
7% -13%
$500,000 $400,000 $300,000 $200,000 $100,000
-
$2013
2014
Average List Price
-3%
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
88
87
95
82
-14%
$1M - $2M
-
-
5
2
-60%
$2M AND UP
-
1
1
-
-100%
88
88
101
84
-17%
2013
2014
2015
2016
$29,983,729
$33,759,250
$38,492,898
$35,661,489
-7%
$1M - $2M
-
-
$6,061,406
$2,100,000
-65%
$2M AND UP
-
$2,195,000
$2,100,000
-
-100%
$29,983,729
$35,954,250
$46,654,304
$37,761,489
-19%
LESS THAN $1M
120
(2016 v 2015)
100 80 60 40
TOTALS
20 2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE LESS THAN $1M
% CHANGE (2016 v 2015)
$50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000
TOTALS
$10,000,000 $5,000,000 $-
SERVING SONOMA AND NAPA | sothebyshomes.com/sonoma-real-estate
2013
2014
2015
2016
14
SONOMA COAST
SINGLE FAMILY HOME SALES Q3 DAYS ON MARKET PRICE RANGE
2013
2014
2015
2016
% CHANGE (2016 v 2015)
LESS THAN $1M
147
136
109
135
25%
$1M - $2M
184
123
112
147
31%
-
-
246
321
30%
Days on Market 160 140 120 100 80 60
$2M AND UP
40 20
TOTALS
151
135
112
140
25%
2013
2014
2015
2016
Q3 AVERAGE SALES PRICE (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
LESS THAN $1M
$600,924
$581,088
$656,984
$678,004
3%
$1M - $2M
$1,286,667
$1,338,333
$1,221,445
$1,247,833
2%
-
-
(2016 v 2015)
$1,000,000 $800,000 $600,000 $400,000 $200,000
$2M AND UP TOTALS
$680,048
$642,486
$3,375,000 $2,800,000
$854,160
$788,823
-17%
$2013
2014
Average List Price
-8%
2015
2016
Average Sale Price
Q3 CLOSED UNITS: # OF SIDES (SFH) PRICE RANGE
% CHANGE
2013
2014
2015
2016
LESS THAN $1M
46
34
37
43
16%
$1M - $2M
6
3
13
6
-54%
(2016 v 2015)
60 50 40 30 20
$2M AND UP
-
-
1
1
0%
52
37
51
50
-2%
2013
2014
2015
2016
LESS THAN $1M
$27,642,502
$19,757,000
$24,308,390
$29,154,155
20%
$1M - $2M
$7,720,000
$4,015,000
$15,878,780
$7,487,000
-53%
-
-
$3,375,000
$2,800,000
-17%
$35,362,502
$23,772,000
$43,562,170
$39,441,155
-9%
TOTALS
10 2013
2014
2015
2016
Q3 CLOSED VOLUME (SFH) PRICE RANGE
% CHANGE (2016 v 2015)
$50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000
$2M AND UP TOTALS
15
$10,000,000 $5,000,000 $2013
2014
2015
2016
UNPARALLELED SELECTION OF WINES ALL YEAR ROUND. Sothebyâ&#x20AC;&#x2122;s Wine is more than an auctioneer, we are a global retailer with stores in New York and Hong Kong. Visit us online at sothebyswine.com.
1334 YORK AVENUE, NEW YORK, NEW YORK 10021 ENQUIRIES NEW YORK +1 212 894 1990 INFONYC@SOTHEBYSWINE.COM HONG KONG +852 2886 7888. INFOHK@SOTHEBYSWINE.COM
ON THE MARKET
left to right from top to bottom:
SONOMA VALLEY SONOMA | Web: 0244217 | $7,900,000 SONOMA | Web: 0244151 | $4,500,000 GLEN ELLEN | Web: 0244141 | $1,199,000 NAPA VALLEY CALISTOGA | Web: 0244127 | $4,750,000 SAINT HELENA | Web: 0244118 | $2,750,000 NAPA | Web: 1190442 | $1,869,000 OTHER MARKETS OCCIDENTAL | Web: 0244168 | $4,950,000 SANTA ROSA | Web: 0244120 | $1,678,500 THE SEA RANCH | Web: 1190450 | $1,295,000 sothebysrealty.com
ON THE MARKET
left to right from top to bottom:
METROPOLITAN MARKETS NEW YORK, NY | Web: 00110917 | $2,950,000 LOS ANGELES, CA | Web: 0355714 | $3,275,000 SAN FRANCISCO, CA | Web: 0088173 | $3,200,000 RESORT MARKETS SANTA ROSA, CA | Web: 0244056 | $3,350,000 SANTA FE, NM | Web: 0564837 | $3,400,000 AMAGANSETT, NY | Web: 0038243 | $3,350,000 FOREIGN MARKETS FRANCE | Web: SJ8DBY | Price Upon Request BRAZIL | Web: 76CWX6 | R$ 8.400.000 BRL ISRAEL | Web: QW2598 | 3,660,000 ILS sothebysrealty.com
MASTERPIECES IN THE MAKING
TM
Collection available for purchase at Sotheby’s Diamonds salons and exclusive exhibitions worldwide. New York +1 212 894 1400 | London +44 20 7293 6430 | Hong Kong +852 2822 8179 | sothebysdiamonds.com SoTHEbY’S, INC. LICENSE No. 1216058. © SoTHEbY’S, INC. 2016
The Personal Art Collection of David Bowie Auctions in London 10 & 11 November 2016, Viewing 1 – 10 November Enquiries +44 (0)20 7293 5519 bowie@sothebys.com 34–35 New Bond Street, London W1A 2AA sothebys.com/BowieCollector
© GAVIN EVANS