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MARIN MARKET REPORT

2014 Marin Market Report - Tammy Kornfeld

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Presenting real estate statistics and home sales data for Marin, Napa, Sonoma, and San Francisco.

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  • MARINM A R K E T R E P O R T

  • I N D E X

    03 | Foreword

    06 | International Reach

    04 | Agent Biography

    10 | Marin Historical Data

    12 | Marin In Summary

    13 | The Marin Luxury Market

    14 | Top Marin Public Schools

    16 | City/Area Data

    16 - Belvedere17 - Corte Madera18 - Fairfax19 - Greenbrae20 - Kentfield

    21 - Larkspur22- Mill Valley23 - Novato

    24 - Ross25 - San Anselmo26 - San Rafael27 - Sausalito28 - Tiburon29 - Beach Cities + West Marin30 - Napa + Sonoma32 - San Francisco

    All data courtesy of BAREIS MLSCover Photo by Patrick Smith

  • We celebrated the increase of Marin home prices and unprecedented company growth for

    Decker Bullock Sothebys International Realty in 2014!

    Marin Average Single Family Home prices jumped 15% from last year and exceeded the peak

    pricing of 2007 by 1%, returning equity to the long term homeowner. Some sectors of the

    luxury market in Marin, particularly under $5 million, experienced substantial growth in

    sales transactions.

    Early indicators for 2015 show continued but slowing price appreciation in a stabilizing

    market. While the number of homes sold in 2014 was robust compared with the peak,

    it was 5% lower than the previous year.

    Decker Bullock Sothebys International Realty met Marins demand for luxury sales with a

    strong luxury real estate brand, top agents in each community, and expansion in Ross Valley,

    Mill Valley, Tiburon, San Rafael, and Novato.

    Our local sales exceeded $1.4 billion in 2014. We anticipate another exceptional year and look

    forward to providing you with the same unparalleled professionalism and peerless service

    as has been defined by the Sothebys name since 1744.

    TAMMY WILKS KORNFELD+1.415.279.9362 [email protected]

    F O R E W O R D

    2014 Marin Market Report | 3

  • TAMMY WILKS KORNFELDLUXURY REAL ESTATE PROFESSIONAL

    Providing exemplary, personalized service, I have secured outstanding results for my clients year after year. The purchase or sale of a home in Marin represents one of the most important financial and lifestyle decisions an individual will make. My

    analytical abilities along with my commitment to abundant, responsive and honest communication ensure my clients will have the hands-on help of a caring professional as they embark on this process.

    My training at the New York School of Interior Design and work as an owner/developer of historic properties in Downtown Sacramento add to the skill set I bring to both buyers and sellers.

    As a resident of Ross for fifteen years and Larkspur for the past six years, I have developed a deep understanding of the unique qualities of the towns that comprise our dynamic county and create micro-markets.

    I am a Phi Beta Kappa graduate of UC Berkeley and later earned a Masters. While raising my daughters, I worked as a tenured English teacher at Del Mar Middle School. Real estate remains a community-based business; my involvement with a variety of communities in Marin enables me to provide valuable information to my clients.

    I would welcome the opportunity to discuss your real estate goals and brainstorm together about how to make them a reality!

    WHY DO I LOVE MARIN?

    FAVORITE LOCAL

    PHILANTHROPY?

    Clients often ask, Why

    Marin? There are other

    wonderful Bay Area

    communities, many with

    less expensive real estate.

    My answer: the natural

    beauty of Marin is incom-

    parable and the #1 reason

    I love Marin.

    Adopt A Family of Marin

    prevents homelessness

    and provides stability

    for families in crisis.

    Ive been a supporter of

    this wonderful orga-

    nization for eighteen

    years now through the

    Ross Valley Womens

    League.

    4 | Decker Bullock Sothebys International Realty

  • Decker Bullock Sothebys International Realty is Marins only brokerage with a true

    global network. We are not an alliance, group, club or partner we are a global icon that

    is synonymous with premiere luxury services worldwide.

    Beijing to Buenos Aires, Monte Carlo to Marthas Vineyard wherever your travels may

    take you, the one common thread is a Sothebys International Realty sign. It represents

    service at the highest level and access to an exclusive audience that has supported the

    brand since 1744.

    I N T E R N A T I O N A L R E A C H

    6 | Decker Bullock Sothebys International Realty

    711210205

    # OF LISTINGS

    WORLDWIDE

    # OF OFFICES

    WORLDWIDE

    LUXURYPORTFOLIO*

    CHRISTIES INTERNATIONALREAL ESTATE**

    36,31315K14K

    Data courtesy of LuxuryPortfolio.com*** Data courtesy of ChristiesRealEstate.com

  • G L O B A L S O C I A L M E D I A P E R F O R M A N C E

    2014 Marin Market Report | 7

    Data courtesy of ChristiesRealEstate.com*** Data courtesy of LuxuryPortfolio.com

    LUXURYPORTFOLIO**

    CHRISTIES INTL.REAL ESTATE*

    4,439,551TOTAL VIEWS

    14,169TOTAL VIEWS

    163.070TOTAL VIEWS

    CHRISTIES INTL.REAL ESTATE*

    LUXURYPORTFOLIO**

    35,201LIKES

    26,305LIKES

    8,179LIKES

  • B R A N D A D VA N T A G E

    8 | Decker Bullock Sothebys International Realty

    OF UNIQUE VISITORS FROM

    OUTSIDE THE UNITED STATES

    42%6,897,304

    SOTHEBYSREALTY.COM UNIQUE VISITORS IN 2014

    76,066,056SOTHEBYSREALTY.COM PAGE VIEWS IN 2014

    A T T R A C T I N G A F F L U E N T B U Y E R S

    STATE OF THE ART LUXURY WEBSITE

  • 2014 Marin Market Report | 9

  • City / Area2007AveragePrice

    2007AverageSq. Ft.

    2007Avg.. Price / Sq. Ft.

    2014Average Price

    2014AverageSq. Ft.

    2014Avg.. Price / Sq. Ft.

    Sq. Ft. Changein Value

    Beach Cities* $1,491,000 1,859 $802 $2,219,128 1,907 $1,164 45%

    Belvedere $4,132,193 3,641 $1,135 $3,329,682 3,024 $1,101 -3%

    Corte Madera $1,343,764 1,945 $691 $1,273,546 1,975 $645 -7%

    Fairfax $878,400 1,680 $523 $877,312 1,886 $465 -11%

    Greenbrae $1,327,166 2,312 $574 $1,435,291 2,250 $638 11%

    Kentfield $2,460,331 3,103 $793 $2,370,263 2,974 $797 1%

    Larkspur $1,582,633 2,085 $759 $1,654,886 2,218 $746 2%

    Mill Valley $1,491,219 2,158 $691 $1,628,522 2,286 $712 3%

    Novato $886,020 2,188 $405 $820,406 2,269 $362 -11%

    Ross $3,282,336 3,503 $937 $3,261,964 3,407 $957 2%

    San Anselmo $1,265,911 2,247 $561 $1,159,098 2,206 $525 -6%

    San Rafael $1,015,700 2,077 $489 $994,355 2,137 $465 -5%

    Sausalito $1,809,325 2,320 $780 $1,778,413 2,238 $795 2%

    Tiburon $2,561,574 2,968 $863 $2,935,882 3,480 $844 -2%

    West Marin** $994,256 1,977 $503 $927,073 2,039 $455 -10%

    Marin County $1,364,940 2,230 $612 $1,373,906 2,319 $592 -3%

    1971 Ferrari Daytona SpyderMSRP started at $20,000

    2014 Value: $3.7M at Auction

    1978 Dow Jones Industrial Avg.

    Ended at 805.01

    Index at End of 2014: 17,823.07

    1986 Six Self PortraitsAndy Warhol

    Sold $57,500

    2014 Value: $30.1M at Auction

    The best standard method of determining values is to compare the Price per Square Foot with that of previous periods.

    S F H 2 0 0 7 v s . 2 0 1 4

    $250K

    $30K

    M A R I N P E A K

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]Beach Cities: Bolinas, Muir Beach, Stinson Beach*

    ** West Marin: Forest Knolls, Inverness, Lagunitas, Marshall, Nicasio, Olema,Pt. Reyes Station, San Geronimo, Tomales, Woodacre

    1 9 6 5

    1 9 8 5

    1 9 7 5

    10 | Decker Bullock Sothebys International Realty

  • $1.19M

    2004 Google IPO Share$85 at Open

    2014 End Price: $526.40 at Close

    (Post Split)

    2000 Gold PriceCumulative Avg..

    $279.11 /oz.

    2014 Cumulative Avg.: $1266.40 /oz.

    Graphic courtesy of:Decker Bullock Sothebys International Realty

    Data provided by BAREIS MLS

    S F H & C O N D O AV E R A G E S A L E P R I C E

    M A R I N 1 9 6 5 2 0 1 4

    2 0 1 42 0 0 7

    2 0 0 5

    1 9 9 5

    2 0 1 1

    $1.2m

    $500k

    $846k

    2014 Marin Market Report | 11

    1965 Average Sale Price $30,710

    1978 First year Average Sale Price exceeds $100,000

    1999 First year Average Sale Price exceeds $500,000

    2005 First year Average Sale Price exceeds $1 million

    2007 Peak price for Marin County at $1,223,678

    2009 Precipitous 31% drop to $848,438

    2010 Bounce to $904,818

    2011 Double Dip to $846,083

    2014 Average Price $1,190,501

  • M A R I N I N S U M M A R Y

    12 | Decker Bullock Sothebys International Realty

    City / Area # Sold Sq. Ft. Average Maximum Average DOM2013Average

    Changein Average

    Beach Cities* 36 1,907 $2,219,406 $8,000,000 104 $1,453,474 53%

    Belvedere 41 3,024 $3,329,682 $12,000,000 111 $3,560,581 -7%

    Corte Madera 77 1,975 $1,273,546 $3,650,000 45 $1,139,935 12%

    Fairfax 84 1,886 $877,312 $1,625,000 48 $724,107 21%

    Greenbrae 58 2,250 $1,435,291 $2,750,000 53 $1,343,710 7%

    Kentfield 79 2,974 $2,370,263 $12,250,000 58 $2,274,739 4%

    Larkspur 83 2,218 $1,654,886 $4,400,000 46 $1,436,086 15%

    Mill Valley 338 2,286 $1,628,522 $5,875,000 45 $1,323,582 23%

    Novato 519 2,269 $820,406 $5,050,000 55 $736,420 11%

    Ross 44 3,407 $3,261,964 $9,300,000 64 $2,807,729 16%

    San Anselmo 187 2,206 $1,159,098 $3,625,000 59 $1,058,590 9%

    San Rafael 491 2,137 $994,355 $5,950,000 51 $930,583 7%

    Sausalito 74 2,238 $1,778,413 $4,900,000 66 $1,670,049 6%

    Tiburon 127 3,480 $2,935,882 $8,985,000 100 $2,337,327 26%

    West Marin** 79 2,039 $927,073 $2,850,000 87 $841,579 10%

    Marin County 2338 2,319 $1,376,407 $12,250,000 59 $1,190,459 16%

    Marin County Real Estate Market - Single Family Homes 2014

    DIDYOU

    KNOW?

    Marin County is the #8wealthiest county in the U.S.

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]Beach Cities: Bolinas, Muir Beach, Stinson Beach*

    ** West Marin: Forest Knolls, Inverness, Lagunitas, Marshall, Nicasio, Olema,Pt. Reyes Station, San Geronimo, Tomales, Woodacre

    Data courtesy of Bloomberg.com - 2/10/14

  • DIDYOU

    KNOW?

    Over the last decade a Sothebys International Realty professional has participated in 13 of the 15 Marin home sales above $10,000,000.

    T H E M A R I N L U X U R Y M A R K E T

    2014 Marin Market Report | 13

    Current High Low

    25

    3

    24

    1

    25

    0

    198

    114 1

    49

    143 1

    77

    25

    6

    34

    6

    20

    05

    20

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    15 13

    30

    19

    8

    13 11

    16 15

    36

    20

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    09

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    1 1 1

    0 0

    3 3

    2

    3

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    # UNITS SOLD$2M - $5M

    $10,000,000+# UNITS SOLD

    $5M - $10M# UNITS SOLD

    All data courtesy of BAREIS MLS

  • 14 | Decker Bullock Sothebys International Realty

  • Tamalpais HighMill Valley9

    10 Tamiscal High [Alternative]Larkspur

    10 Redwood HighLarkspur

    10 Hall MiddleLarkspur

    10 White Hill MiddleFairfax

    10 Mill Valley Middle Mill Valley

    2014 Marin Market Report | 15

    T O P M A R I N P U B L I C S C H O O L S

    ELEMENTARY SCHOOLS

    MIDDLE SCHOOLS HIGH SCHOOLS LEGEND

    San Jose IntermediateNovato8

    10 Del Mar MiddleBelvedere - Tiburon

    Sinaloa MiddleNovato8

    10 Kent MiddleKentfield

    10 Miller Creek MiddleSan Rafael

    Novato HighNovato8

    8 Terra Linda HighSan Rafael

    9 Sir Francis Drake HighSan Anselmo

    9

    8

    Bacich ElementaryKentfield

    Tamalpais Valley ElementaryMill Valley10Olive ElementaryNovato

    San Ramon ElementaryNovato8Ross ElementaryRoss10Brookside ElementarySan Anselmo10Hidden Valley ElementarySan Anselmo10Wade Thomas ElementarySan Anselmo10

    Dixie ElementarySan Rafael10Mary E. Silveira ElementarySan Rafael9Vallecito ElementarySan Rafael9Coleman ElementarySan Rafael8Glenwood ElementarySan Rafael9

    10 Bel Aire ElementaryBelvedere - Tiburon

    Sun Valley ElementarySan Rafael10

    10 Reed ElementaryBelvedere - Tiburon

    Park ElementaryMill Valley10

    Manor ElementaryFairfax8

    8

    Old Mill ElementaryMill Valley10

    Edna Maguire ElementaryMill Valley10

    Strawberry Point ElementaryMill Valley10

    Loma Verde ElementaryNovato8

    Pleasant Valley ElementaryNovato9

    Novato CharterNovato10

    Rancho ElementaryNovato10

    Neil Cummins ElementaryCorte Madera

    Corte Madera

    Fairfax

    Kentfield

    Larkspur

    Mill Valley

    Novato

    Ross

    San Anselmo

    San Rafael

    Belvedere-Tiburon

    PUBLIC SCHOOLS RATED 8+

    Numbers indicate school ranking based on School-Ratings.com*

  • SINGLE FAMILY HOMES

    # of Single Family Homes Sold 41

    % Change in Sales from 2013 32%

    Minimum Sale Price $1,325,000

    Median Sale Price $2,760,000

    Average Sale Price $3,329,682

    Change in Avg. Sold Price from 2013 -7%

    Maximum Price Sold $12,000,000

    Average Price/Sq. Ft. $1,101

    Change Price/Sq. Ft. from 07 Peak -3%

    Average Days on Market 111

    B E LV E D E R E

    20

    05

    20

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    20

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    20

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    20

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    38

    31

    31

    23

    23

    32 33 3

    6

    31

    43

    20

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    $2

    .81M

    $3

    .02

    M

    $3

    .88

    M

    $4

    .13

    M

    $3

    .17

    M

    $3

    .16

    M

    $2

    .58

    M

    $3

    .23

    M

    $2

    .99

    M

    $3

    .56

    M

    16 | Decker Bullock Sothebys International Realty

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • SINGLE FAMILY HOMES

    # of Single Family Homes Sold 77

    % Change in Sales from 2013 -28%

    Minimum Sale Price $455,000

    Median Sale Price $1,215,000

    Average Sale Price $1,273,546

    Change in Avg. Sold Price from 2013 12%

    Maximum Price Sold $3,650,000

    Average Price/Sq. Ft. $645

    Change Price/Sq. Ft. from 07 Peak -7%

    Average Days on Market 45

    C O RT E M A D E R A2

    00

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    135

    107

    116

    90

    67

    99 1

    20

    107

    135

    104

    20

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    $1.

    02

    M

    $9

    97

    K

    $1.

    21M

    $1.

    13M

    $8

    90

    K

    $8

    96

    K

    $7

    78

    K $1.

    11M

    $8

    54

    K

    $1.

    03

    M

    2014 Marin Market Report | 17

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • # of Single Family Homes Sold 84

    % Change in Sales from 2013 -13%

    Minimum Sale Price $250,000

    Median Sale Price $830,000

    Average Sale Price $877,312

    Change in Avg. Sold Price from 2013 21%

    Maximum Price Sold $1,625,000

    Average Price/Sq. Ft. $465

    Change Price/Sq. Ft. from 07 Peak -11%

    Average Days on Market 48

    FA I R FA X

    20

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    20

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    20

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    96

    86

    75

    65

    66 8

    0 82

    76

    103

    91

    20

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    20

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    07

    20

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    20

    09

    20

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    20

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    20

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    $7

    89

    K

    $8

    15K

    $8

    42

    K

    $7

    34

    K

    $6

    64

    K

    $6

    37

    K

    $5

    62

    K $8

    47

    K

    $6

    03

    K

    $7

    03

    K

    18 | Decker Bullock Sothebys International Realty

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • # of Single Family Homes Sold 58

    % Change in Sales from 2013 16%

    Minimum Sale Price $800,000

    Median Sale Price $1,354,500

    Average Sale Price $1,435,291

    Change in Avg. Sold Price from 2013 7%

    Maximum Price Sold $2,750,000

    Average Price/Sq. Ft. $638

    Change Price/Sq. Ft. from 07 Peak 11%

    Average Days on Market 53

    G R E E N B R A E2

    00

    5

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    91

    72

    95

    60 64

    89 9

    5

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    84 9

    3

    20

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    $1.

    03

    M

    $9

    60

    K

    $1.

    05

    M

    $9

    67

    K

    $8

    92

    K

    $8

    81K

    $7

    77

    K $1.

    10M

    $8

    55

    K

    $9

    97

    K

    2014 Marin Market Report | 19

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • # of Single Family Homes Sold 79

    % Change in Sales from 2013 -1%

    Minimum Sale Price $495,000

    Median Sale Price $1,920,000

    Average Sale Price $2,370,263

    Change in Avg. Sold Price from 2013 4%

    Maximum Price Sold $12,250,000

    Average Price/Sq. Ft. $797

    Change Price/Sq. Ft. from 07 Peak 1%

    Average Days on Market 58

    K E N T F I E L D

    20

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    68

    55

    77

    45

    39

    65

    62 6

    8

    81

    81

    20

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    $1.

    62

    M

    $2

    .18

    M

    $2

    .43

    M

    $2

    .17

    M

    $2

    .14

    M

    $1.

    83

    M

    $2

    .05

    M

    $2

    .32

    M

    $2

    .06

    M

    $2

    .25

    M

    20 | Decker Bullock Sothebys International Realty

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • # of Single Family Homes Sold 83

    % Change in Sales from 2013 19%

    Minimum Sale Price $425,000

    Median Sale Price $1,495,000

    Average Sale Price $1,654,886

    Change in Avg. Sold Price from 2013 15%

    Maximum Price Sold $4,400,000

    Average Price/Sq. Ft. $746

    Change Price/Sq. Ft. from 07 Peak -2%

    Average Days on Market 46

    L A R K S P U R2

    00

    5

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    86

    73

    68

    62

    51

    68

    62

    97

    80

    96

    20

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    20

    06

    20

    07

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    $1.

    31M

    $1.

    29

    M

    $1.

    30

    M

    $1.

    33

    M

    $1.

    13M

    $1.

    08

    M

    $1.

    10M

    $1.

    51M

    $1.

    07

    M

    $1.

    30

    M

    2014 Marin Market Report | 21

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • # of Single Family Homes Sold 338

    % Change in Sales from 2013 -5%

    Minimum Sale Price $280,000

    Median Sale Price $1,341,500

    Average Sale Price $1,628,522

    Change in Avg. Sold Price from 2013 15%

    Maximum Price Sold $5,875,000

    Average Price/Sq. Ft. $712

    Change Price/Sq. Ft. from 07 Peak 3%

    Average Days on Market 45

    M I L L VA L L E Y

    20

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    46

    5

    419

    319

    25

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    25

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    28

    7

    316

    39

    1

    419

    40

    2

    20

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    20

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    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $1.

    32

    M

    $1.

    24

    M

    $1.

    40

    M

    $1.

    39

    M

    $1.

    11M

    $1.

    15M

    $1.

    08

    M $1.

    5M

    $1.

    14M

    $1.

    23

    M

    22 | Decker Bullock Sothebys International Realty

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • # of Single Family Homes Sold 519

    % Change in Sales from 2013 0.6%

    Minimum Sale Price $252,000

    Median Sale Price $750,500

    Average Sale Price $820,406

    Change in Avg. Sold Price from 2013 11%

    Maximum Price Sold $5,050,000

    Average Price/Sq. Ft. $362

    Change Price/Sq. Ft. from 07 Peak -11%

    Average Days on Market 55

    N OVAT O2

    00

    5

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    92

    5

    75

    0

    49

    6

    56

    3

    610

    57

    1

    610

    75

    9

    712

    72

    4

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $7

    72

    K

    $7

    81K

    $7

    58

    K

    $5

    98

    K

    $5

    31K

    $5

    30

    K

    $4

    69

    K $7

    02

    K

    $5

    26

    K

    $6

    24

    K

    2014 Marin Market Report | 23

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • # UNITS SOLD

    AVERAGE SALE PRICE

    # of Single Family Homes Sold 44

    % Change in Sales from 2013 No Change

    Minimum Sale Price $850,000

    Median Sale Price $2,700,000

    Average Sale Price $3,261,964

    Change in Avg. Sold Price from 2013 16%

    Maximum Price Sold $9,300,000

    Average Price/Sq. Ft. $957

    Change Price/Sq. Ft. from 07 Peak 2%

    Average Days on Market 64

    RO S S

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    37

    34

    29

    28

    35

    20

    27

    42 44

    44

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $2

    .71M

    $2

    .79

    M

    $3

    .28

    M

    $3

    .18

    M

    $2

    .27

    M

    $2

    .97

    M

    $2

    .87

    M

    $3

    .26

    M

    $2

    .28

    M

    $2

    .81M

    24 | Decker Bullock Sothebys International Realty

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    CONDOS & SINGLE FAMILY HOMES

    Current High Low

  • # UNITS SOLD

    AVERAGE SALE PRICE

    # of Single Family Homes Sold 187

    % Change in Sales from 2013 -20%

    Minimum Sale Price $360,000

    Median Sale Price $969,000

    Average Sale Price $1,159,098

    Change in Avg. Sold Price from 2013 10%

    Maximum Price Sold $3,625,000

    Average Price/Sq. Ft. $525

    Change Price/Sq. Ft. from 07 Peak -6%

    Average Days on Market 59

    SA N A N S E L M O2

    00

    5

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    213

    166

    179

    115 13

    7

    152

    140

    20

    1 24

    2

    193

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $1.

    04

    M

    $1.

    07

    M

    $1.

    06

    M

    $1.

    24

    M

    $8

    36

    K

    $8

    31K

    $8

    57

    K

    $1.

    14M

    $9

    37

    K

    $1.

    04

    M

    2014 Marin Market Report | 25

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    CONDOS & SINGLE FAMILY HOMES

    Current High Low

  • # of Single Family Homes Sold 491

    % Change in Sales from 2013 -9%

    Minimum Sale Price $360,000

    Median Sale Price $855,000

    Average Sale Price $994,355

    Change in Avg. Sold Price from 2013 7%

    Maximum Price Sold $5,950,000

    Average Price/Sq. Ft. $465

    Change Price/Sq. Ft. from 07 Peak -5%

    Average Days on Market 51

    SA N R A FA E L

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    76

    4

    66

    9

    56

    2

    48

    8 56

    5 65

    0

    60

    3 69

    5

    75

    8

    70

    4

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $8

    84

    K

    $8

    81K

    $9

    06

    K

    $7

    90

    K

    $6

    39

    K

    $6

    25

    K

    $6

    20

    K

    $8

    43

    K

    $6

    22

    K

    $7

    83

    K

    26 | Decker Bullock Sothebys International Realty

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • # of Single Family Homes Sold 74

    % Change in Sales from 2013 3%

    Minimum Sale Price $450,000

    Median Sale Price $1,425,000

    Average Sale Price $1,778,413

    Change in Avg. Sold Price from 2013 7%

    Maximum Price Sold $4,900,000

    Average Price/Sq. Ft. $795

    Change Price/Sq. Ft. from 07 Peak 2%

    Average Days on Market 66

    SAU SA L I T O2

    00

    5

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    168

    116

    113

    74 76 9

    0 115 1

    29

    140

    132

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $1.

    03

    M

    $1.

    25

    M

    $1.

    31M

    $1.

    30

    M

    $9

    42

    K

    $1.

    11M

    $1.

    06

    M

    $1.

    31M

    $9

    44

    K

    $1.

    16M

    2014 Marin Market Report | 27

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • 28 | Decker Bullock Sothebys International Realty

    # of Single Family Homes Sold 127

    % Change in Sales from 2013 2%

    Minimum Sale Price $945,000

    Median Sale Price $2,700,000

    Average Sale Price $2,935,882

    Change in Avg. Sold Price from 2013 26%

    Maximum Price Sold $8,985,000

    Average Price/Sq. Ft. $844

    Change Price/Sq. Ft. from 07 Peak -2%

    Average Days on Market 100

    T I B U RO N

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    171

    142 16

    8

    116

    81

    122

    133 1

    59

    163 17

    8

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $1.

    98

    M

    $1.

    99

    M

    $2

    .21M

    $2

    .02

    M

    $1.

    94

    M

    $1.

    95

    M

    $1.

    58

    M $2

    .36

    M

    $1.

    65

    M

    $2

    .01M

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    # UNITS SOLD

    AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMES

  • # of Single Family Homes Sold 36

    % Change in Sales from 2013 -27%

    Minimum Sale Price $545,000

    Median Sale Price $1,690,000

    Average Sale Price $2,219,128

    Change in Avg. Sold Price from 2013 53%

    Maximum Price Sold $8,000,000

    Average Price/Sq. Ft. $1,164

    Change Price/Sq. Ft. from 07 Peak 45%

    Average Days on Market 104

    B E AC H C I T I E S

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    Current High Low

    # of Single Family Homes Sold 79

    % Change in Sales from 2013 -3%

    Minimum Sale Price $90,000

    Median Sale Price $800,000

    Average Sale Price $927,073

    Change in Avg. Sold Price from 2013 10%

    Maximum Price Sold $2,850,000

    Average Price/Sq. Ft. $455

    Change Price/Sq. Ft. from 07 Peak -10%

    Average Days on Market 87

    W E S T M A R I N

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $1.

    25

    M

    $1.

    22

    M

    $1.

    22

    M

    $1.

    18M

    $8

    87

    K

    $8

    78

    K

    $7

    04

    K

    $9

    27

    K

    $6

    00

    K

    $8

    41K

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

    SINGLE FAMILY HOMES

    Current High Low

    2014 Marin Market Report | 29

    AVERAGE SALE PRICE AVERAGE SALE PRICE

    SINGLE FAMILY HOMES

    CONDOS & SINGLE FAMILY HOMES CONDOS & SINGLE FAMILY HOMES

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $1.

    72

    M

    $1.

    64

    M

    $1.

    46

    M

    $1.

    83

    M

    $1.

    58

    M

    $1.

    54

    M

    $1.

    23

    M

    $1.

    18M $

    2.2

    2M

    $1.

    43

    M

  • # of SFH and Condos Sold 1271

    % Change in Sales from 2013 -18%

    Minimum Sale Price $117,500

    Median Sale Price $520,000

    Average Sale Price $735,548

    Maximum Price Sold $15,000,000

    Average Price/Sq. Ft. $387

    Average Days on Market 84

    NA PA2

    00

    5

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    169

    7

    127

    1

    95

    2

    103

    5

    129

    7

    134

    2

    144

    0

    164

    8

    150

    7

    127

    1

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $8

    57

    K

    $7

    67

    K

    $8

    64

    K

    $6

    06

    K

    $4

    48

    K

    $4

    76

    K

    $4

    72

    K

    $7

    35

    K

    $5

    42

    K

    $6

    03

    K

    Current High Low

    S O N O M A

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    83

    44

    52

    06

    40

    05

    49

    29

    54

    73

    50

    60

    53

    94

    612

    7

    55

    82

    52

    65

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    20

    14

    $6

    08

    K

    $6

    39

    K

    $6

    27

    K

    $4

    65

    K

    $3

    85

    K

    $4

    07

    K

    $3

    76

    K

    $5

    59

    K

    $4

    16K

    $4

    92

    K

    Current High Low

    30 | Decker Bullock Sothebys International Realty

    CONDOS & SINGLE FAMILY HOMES CONDOS & SINGLE FAMILY HOMES

    # UNITS SOLD # UNITS SOLD

    AVERAGE SALE PRICE AVERAGE SALE PRICE

    CONDOS & SINGLE FAMILY HOMESCONDOS & SINGLE FAMILY HOMES

    # of SFH and Condos Sold 5265

    % Change in Sales from 2013 -6%

    Minimum Sale Price $35,000

    Median Sale Price $456,000

    Average Sale Price $559,310

    Maximum Price Sold $7,000,000

    Average Price/Sq. Ft. $327

    Average Days on Market 66

    Increased Year Over Year [YOY] Decreased Year Over Year [YOY] Increased Year Over Year [YOY] Decreased Year Over Year [YOY]

  • 2014 Marin Market Report | 31

  • NEIGHBORHOODSDISTRICT

    5

    1

    6

    2

    7

    3

    8

    9

    10

    4

    SA N F R A N C I S C O

    Central Richmond, Inner Richmond, Jordan Park / Laurel Heights, Lake Street,Sea Cliff, Lone Mountain

    Golden Gate Heights, Outer Parkside, Outer Sunset, Parkside, Central Sunset,Inner Sunset, Inner Parkside

    Lake Shore, Merced Heights, Pine Lake Park, Stonestown, Lakeside, Merced Manor,Ingleside Heights, Oceanview

    Balboa Terrace, Diamond Heights, Forest Hill, Forest Knolls, Ingleside Terrace, Midtown Terrace, Saint Francis Wood, Miraloma Park, Forest Hill Extension, Sherwood Forest,Mount Davidson Manor, Westwood Highlands, Westwood Park, Sunnyside, West Portal

    Glen Park, Haight Asbury, Noe Valley, Twin Peaks, Cole Valley/Parnassus Heights, Buena Vista /Asbury Heights, Corona Heights, Clarendon Heights, Duboce Triangle, Eureka Valley/Dolores Heights, Mission Dolores

    Anza Vista, Hayes Valley, Lower Pacific Heights, Western Addition, Alamo Square,North Panhandle

    Marina, Pacific Heights, Presidio Heights, Cow Hollow

    Downtown, Financial District /Barbary Coast, Nob Hill, North Beach, Russian Hill, Van Ness /Civic Center, Telegraph Hill, North Waterfront, Tenderloin

    Bernal Heights, Inner Mission, Mission Bay, Potrero Hill, South of Market, Yerba Buena, South Beach, Central Waterfront /Dogpatch

    Bayview, Crocker Amazon, Excelsior, Outer Mission, Visitacion Valley, Portola, Silver Terrace, Mission Terrace, Hunter Point, Bayview Heights, Candlestick Point, Little Hollywood

    # UNITS SOLDSINGLE FAMILY HOMES

    2 14

    3 2 3

    178

    1 17

    2 3 1

    4 37

    4 5

    3 0 5

    2 3

    5 1 2

    32 | Decker Bullock Sothebys International Realty

    SA N F R A N C I S C O

  • # UNITS SOLDSINGLE FAMILY HOMES

    SINGLE FAMILY HOMES

    CONDOS /TIC

    # Units Sold 2385 3130

    % Change in Sales from 2013 -10.6% -6%

    Minimum Sale Price $269,444 $80,000

    Median Sale Price $1,075,000 $945,000

    Average Sale Price $1,448,994 $1,097,197

    Change in Avg. Sold Price from 2013 10.7% 14%

    Maximum Price Sold $14,000,000 $9,400,000

    Average Price/Sq. Ft. $789 $906

    Average Days on Market 31 36

    # UNITS SOLDCONDOS / TIC

    1 6 2

    4 57

    3 1

    3 1 8

    1 14 9

    4 5

    3 1 1

    5 9

    5 3 6

    6 1

    AVERAGE PRICESINGLE FAMILY HOMES

    $ 1 ,724,0 8 9

    $ 2 , 1 2 8, 5 1 3

    $ 8 5 1 , 2 3 1

    $ 4,6 2 9,4 3 0

    $ 1 , 2 5 2 ,6 0 2

    $ 1 ,0 5 5,07 9

    $ 2 , 3 2 6, 3 0 8

    $ 1 , 3 6 4, 2 69

    $ 3, 2 3 4,78 9

    $70 4, 3 3 2

    MAXIMUM PRICESINGLE FAMILY HOMES

    $ 6, 5 0 0,0 0 0

    $ 1 0,0 0 0,0 0 0

    $ 1 , 5 6 0,0 0 0

    $ 14,0 0 0,0 0 0

    $ 3,70 0,0 0 0

    $ 3, 1 5 0,0 0 0

    $ 4, 9 9 5,0 0 0

    $ 4, 3 8 8,0 0 0

    $ 8, 3 3 0,0 0 0

    $ 1 ,4 1 0,0 0 0

    AVERAGE PRICECONDOS / TIC

    $ 1 ,0 5 4, 2 24

    $ 1 , 1 2 3,073

    $ 5 3 2 , 9 1 9

    $ 1 , 5 4 5,8 3 3

    $ 1 ,0 4 8, 9 2 6

    $ 9 1 0, 5 5 3

    $ 93 0, 9 4 4

    $ 6 2 0, 9 4 4

    $ 1 , 1 9 1 , 5 2 0

    $ 4 9 5,0 67

    MAXIMUM PRICECONDOS / TIC

    $ 2 ,6 2 5,0 0 0

    $ 2 , 5 2 5,0 0 0

    $ 8 6 0,0 0 0

    $ 9,4 0 0,0 0 0

    $ 5, 3 0 0,0 0 0

    $ 2 , 5 5 0,0 0 0

    $ 2 ,4 5 2 ,0 0 0

    $ 1 , 2 1 0,0 0 0

    $7, 1 0 0,0 0 0

    $ 9 9 5,0 0 0

    2014 Marin Market Report | 33

  • 34 | Decker Bullock Sothebys International Realty

  • 2014 Marin Market Report | 35

    M A K I NG M A R I N H I STO RY

    Belvedere Highest Priced Sale for the Year 2014

    Belvedere Record Breaking for Marin County 2013

    Belvedere Highest Priced Sale for the Year 2013

    Belvedere Highest Priced Sale for the Year 2012

    Belvedere Highest Priced Sale for the Year 2010

    Bolinas Highest Priced Sale for the Year 2010

    Fairfax Record Breaking 2013

    Greenbrae Highest Priced Sale for the Year 2012

    Kentfield Highest Priced Sale for the Year 2011

    Kentfield Highest Priced Sale for the Year 2010

    Larkspur Off Market Highest Priced Sale for the Year 2014

    Larkspur Off Market Record Breaking 2013

    Mill Valley Highest Priced Sale for the Year 2014

    Mill Valley Highest Priced Sale for the Year 2013

    Mill Valley Highest Priced Sale for the Year 2011

    Mill Valley Highest Priced Sale for the Year 2010

    Mill Valley Off Market Highest Priced Sale for the Year 2014

    Nicasio Highest Priced Sale for the Year 2010

    Ross Record Breaking for Marin County 2012

    Ross Highest Priced Sale for the Year 2012

    Ross Record Breaking for Marin County 2011

    Ross Highest Priced Sale for the Year 2011

    San Anselmo Highest Priced Sale for the Year 2013

    San Anselmo Highest Priced Sale for the Year 2012

    San Rafael Highest Priced Sale for the Year 2013

    Stinson Beach Highest Priced Sale for the Year 2013

    Stinson Beach Highest Priced Sale for the Year 2011

    Tiburon Highest Priced Sale for the Year 2013

    Tiburon Highest Priced Sale for the Year 2012

    Tiburon Highest Priced Sale for the Year 2011

    Tiburon Highest Priced Sale for the Year 2010

    West Marin Highest Priced Sale for the Year 2013

    Marin County Record Breaking 2007

    DECKER BULLOCK SOTHEBYS INTERNATIONAL REALTY

    RECENT SIGNIFICANT MARIN SALES

  • Southern Marin Office

    100 Tiburon Blvd.

    Mill Valley, CA 94941

    415.381.7300

    Mill Valley Office

    78 E. Blithedale

    Mill Valley, CA 94941

    415.380.4300

    San Rafael Office

    100 Smith Ranch Road, Suite 110

    San Rafael, CA 94903

    415.456.1200

    Ross Valley Office

    189 Sir Francis Drake Blvd.

    Greenbrae, CA 94904

    415.461.7200

    Drakes Landing Office

    500 Drakes Landing Road

    Greenbrae, CA 94904

    415.464.9300

    Sausalito Office

    211 Second Street

    Sausalito, CA 94965

    415.331.9000

    Novato Office

    438 Ignacio Blvd.

    Novato, CA 94949

    415.883.2900

    Belvedere - Tiburon Office

    10 Beach Road

    Tiburon, CA 94920

    415.435.0700

    Terra Mortgage Banking is a preferred provider to our Realtors.

    Scott Hellart: 415.464.3172m: [email protected] #312226BRE #01339904

    Pierre Masqueliert: 415.389.6558m: [email protected] #291819BRE #01742977

    John Wilsont: 415.968.5000m: [email protected] #295251BRE #00838971

    Rosette Pollockt: 415.464.1372m: [email protected] #298363BRE #01196060

    Marney Sollet: 415.454.8811m: [email protected] #286003BRE #01189718