NorthBay Real Estate Market Report QT 1 2015

CENTURY 21 NorthBay Alliance 1057 College Avenue Santa Rosa, CA 95404

707.577.7777

C21NorthBayAlliance.com

NorthBay AreaMarket Report

1st Quarter 2015

Why Choose the Global Leader?

The CENTURY 21™ system was founded in 1971 in Southern California. The founding principle was simple: to enable small independent brokers to operate under a common identity, sharing in the resources of collec-tive advertising, training and marketing. This concept enabled brokers to remain responsive to the needs of their local marketplace, while favorably positioning themselves against the competition. And it worked!

The CENTURY 21™ network grew rapidly in the 70’s and 80’s, quickly becoming the largest real estate sales organization in the world. Sales topped the $70 billion mark. Independent polls now show the CENTURY 21™ name to be the best recognized name in real estate.

Century 21 Real Estate LLC (CENTURY21.com) is the franchisor of the world’s largest residential real estate sales organization, comprised of approximately 6,800 independently owned and operated franchised bro-ker offices in 78 countries and territories worldwide with more than 100,000 independent sales professionals.

CENTURY 21 Real Estate was ranked highest in overall customer satisfaction by the J.D. Power 2014 Home Buyer/Seller Satisfaction StudySM. Specifically, CENTURY 21® Real Estate swept the awards by receiving the highest ranking among national real estate companies across all four customer satisfaction segments in the study, in-cluding: First-Time Home-Buyer Satisfaction, Repeat Home-Buyer Satisfaction, First-Time Home-Seller Satisfaction and Repeat Home-Seller Satisfaction.

Table of Contents

Market Reports

Sonoma County 5

Santa Rosa & Central Sonoma County 7

Healdsburg & North County 9

Sebastopol & Coastal 15

Sonoma Valley & Petaluma 17

Marin County 19

Southern Marin 21

Central Marin 23

Northern & Coastal Marin 25

Lake County 27

Century 21 Real Estate LLC supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated. CENTURY 21® and the CENTURY 21 logo are registered marks licensed to Century 21 Real Estate LLC. All other trademarks and service marks are the property of their respective owners.

Attracting GLOBAL Buyers

The number one “most visited” real estate franchise website, attracting more unique visitors than any other real estate franchise brand site since.

Most Visited

Century 21 Real Estate LLC is the franchisor of the world’s largest residential real estate sales organization, comprised of approximately 6,800 independently owned and

operated franchised broker offices worldwide.

With offices in 78 countries and territories, Century 21 has more than 100,000 independent sales professionals worldwide.

More Offices

More Agents

Most RecognizedCentury 21 is the most recognized brand name in real estate, and the

industry leader in brand awareness – a position we have held since 1999.

CENTURY 21 | 6800 Offices in 78 Countries & Territories

Pacific Union | 34 Offices

Sotheby’s International Realty | 711 Offices

CENTURY21.com | 25,301,000 Unique Website Visitors

Sotheby’s International Realty | 6,897,304

1971CENTURY 21® is founded by Art Bartlett and Marsh Fisher in Orange County, California.

First CENTURY 21 International Office Opens in Canada

CENTURY 21 Expands to Japan

6,800 Offices102,000 Sales Associates78 Countries & Territories

CENTURY 21 Expands to Western Europe and Mexico

CENTURY 21 Expandsto Asia Pacific

CENTURY 21 Expands toEastern Europe

CENTURY 21 Expandsto China

GLOBALLeader

The

Sonoma CountyFine Homes and EstatesSales of $850,000 and Above1st Quarter 2015

Total Closed Sales in Sonoma County$850,000 and Above

Sonoma County

2012 2013 2014 2015 (YTD)

Fine Homes & Estates | Total Sales 371 495 616 98

Sonoma County continually draws visitors from across the U.S. as well as the rest of the globe and has received accolades from: Inc. Magazine, who placed 17 Sono-ma County companies on their list of top fastest growing business in the United States, Forbes Magazine placed Santa Rosa on its list of Best Places for Businesses & Careers and Trip Advisor named Sonoma County the #1 wine region in the United States and #2 overall in the world.

With more than 400 wineries, miles of rugged Pacific coastline, towering redwood forests, and its close proximity to San Francisco’s Golden Gate Bridge, Sonoma County is a traveler’s dream vacation spot in California. Go beyond the wine and discover more than 50 pristine nature parks that offer trav-elers miles of hiking and cycling trails through the redwoods over oak-studded hills. Rivers entice visitors to kayak, canoe, or simply float along the cool waters. A zip line excursion, a ropes course, or a hot-air balloon ride add a dash of adventure.Breathtaking Highway 1 — Pacific Coast Highway — delights visitors with crashing waves, sea lions and otters sunning on the beaches, and amazing sunsets that color the sky in brilliant hues.

Market data has been compiled using BrokerMetrics® and BAREIS (Bay Area Real Estate Information Service, MLS). Information deemed reliable but not guaranteed.

40

59 5952

31

59

8089

83

58

21 24 27 23

9

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015

$850-$1mill $1-2 mill >$2 mill

Santa Rosa & CENTRAL SONOMA COUNTYFine Homes and EstatesSales of $850,000 and Above1st Quarter 2015

SANTA ROSA & CENTRAL SONOMA COUNTYSanta Rosa | Oakmont | Rohnert Park | Cotati | Penngrove | Windsor

Fine Homes & Estates | ANNUAL TOTALS 2012 2013 2014 2015 (YTD)

$850,000 - $1,000,000 | AVERAGE DAYS ON MARKET 95 110 78 98$850,000 - $1,000,000 | TOTAL SOLD 46 63 76 9$1,000,000 - $2,000,000 | AVERAGE DAYS ON MARKET 113 118 68 106$1,000,000 - $2,000,000 | TOTAL SOLD 39 67 114 20OVER $2,000,000 | AVERAGE DAYS ON MARKET 324 139 209 318OVER $2,000,000 | TOTAL SOLD 9 17 19 2

Properties Sold Fine Homes and Estates, $850,000 & Above.

Average Days on the Market Fine Homes and Estates, $850,000 & Above.


Santa Rosa, just 55 miles north of San Francisco, is the largest city in California’s North Coast and Wine Country regions. The popula-tion of the city is approximately at 172,000 and is the County Seat of Sonoma County. Within the city limits is the renown Active Adult community of Oakmont with over 3200 homes, two golf courses and several tennis facilities.

Rohnert Park, the “Friendly City” located nine miles South is home to California State University at Sonoma. Just seven miles North of Santa Rosa is the charming town of Windsor and the center for athletic competitions such as the annual Vineman Ironman 70.3 triathlon. With the Sonoma County Charles Schultz Airport nearby, Windsor also hosts the popular Sonoma County Hot Air Balloon Classic and the “Wings Over the Wine Country” Air Show.

0

5

10

15

20

25

30

35

40

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


0

50

100

150

200

250

300

350

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


HEALDSBURG & NORTH SONOMA COUNTY Fine Homes and EstatesSales of $850,000 and Above1st Quarter 2015

HEALDSBURG & NORTH SONOMA COUNTYHealdsburg | Cloverdale | Geyserville | Asti | Dry Creek Valley | Alexander Valley






Healdsburg, a town renowned for its eclectic offering of all the finest things in life… food, wine, friends and fun. The charm and genuine down to earth person-ality of the town are inescapable—from the sounds of jazz and laughter at every town square event, to the enticing aromas of five star cuisine tempting you at every turn.

Healdsburg as well as the other North County towns of Cloverdale and Geyserville are surrounded by several of Northern California’s finest regional wine appella-tions, including Alexander Valley, Chalk Hill, Dry Creek Valley, and Russian River Valley.

0

2

4

6

8

10

12

14

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


0

50

100

150

200

250

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


5585 Konocti Rd, Kelseyville | MLS #21506050 | $1,150,000 Shelly Reed | 707-994-7100 | CENTURY 21 NorthBay Alliance

8337 Singing Hills Trail, Santa Rosa | MLS #21505861 | $2,675,000Ross Liscum | 707-577-7777 | CENTURY 21 NorthBay Alliance

FEATURED PROPERTIES

SEBASTOPOL & COASTAL SONOMA COUNTY Fine Homes and EstatesSales of $850,000 and Above1st Quarter 2015

SEBASTOPOL & COASTAL SONOMA COUNTYSebastopol |Russian River | Forestville | Guerneville | Rio Nido | Bodega Bay | Timber Cove | Annapolis | Sea Ranch

Fine Homes & Estates | ANNUAL TOTALS 2012 2013 2014 2015

$850,000 - $1,000,000 | AVERAGE DAYS ON MARKET - - - 64$850,000 - $1,000,000 | TOTAL SOLD 28 37 45 6$1,000,000 - $2,000,000 | AVERAGE DAYS ON MARKET 114 133 102 268$1,000,000 - $2,000,000 | TOTAL SOLD 36 36 53 9OVER $2,000,000 | AVERAGE DAYS ON MARKET 172 276 142 230OVER $2,000,000 | TOTAL SOLD 6 9 8 1




Sebastopol serves as the hub of Western Sonoma County Wine Country. Sebastopol is the gateway to the breathtaking Sonoma Coastline and Russian River Redwood Corridor.

Sebastopol is about a 20-minute drive from the Pacific Ocean, between Santa Rosa and Bode-ga Bay, and is known for its liberal politics and small-town charm. World famous horticulturist Luther Burbank had gardens in this fertile region. The city hosts an annual Apple Blossom Festival and Gravenstein Apple Fair.

0

2

4

6

8

10

12

14

16

18

20

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


0

50

100

150

200

250

300

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


SONOMA VALLEY AND PETALUMA Fine Homes and EstatesSales of $850,000 and Above1st Quarter 2015

SONOMA VALLEY AND PETALUMAPetaluma | Sonoma | Kenwood | Glen Ellen | Boyes Hot Springs






The city of Sonoma is the birthplace of the California wine industry. Sonoma Valley’s quaint towns glow with as much character as the local wines.

Sonoma is a historically significant city in California; its historic town plaza is a remnant of the town’s Mexican colonial past. Today, Sonoma is the home of the Sono-ma International Film Festival.

Petaluma is easy to find, straight up Highway 101, 32 miles north of San Francisco. It is the portal to Sonoma County, making Petaluma an ideal base for excursions to the Wine Country, the dramatic Sonoma Coast, and the majestic redwood groves.

0

5

10

15

20

25

30

35

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


0

20

40

60

80

100

120

140

160

180

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


Easter Seals has been helping individuals with disabilities and special needs, and their families, live better lives for nearly 100 years. Since 1979, CENTURY 21 System members have proudly donated over $110,000,000 to Easter Seals.

Marin CountyFine Homes and EstatesSales of $850,000 and Above1st Quarter 2015

Total Closed Sales in Sonoma County$850,000 and Above

Marin County

2012 2013 2014 2015 (YTD)


Marin County is a bright, little spot of nature that people have used as a get-a-way from the city since back in the 1800s. What was once logging territory grew into summer bungalows for vacationing and has now become one of the most sought-after areas to live in California.

With the Ocean on one side and the San Francisco Bay on the other, Marin Coun-ty is surrounded by water. That means if there’s something fun to do on the water, you can do it here. Kayak in the Bay, surf the waves or take a boat out for a cruise. Marin is place where you’re minutes from doing either or you can sit back, relax, and watch all the play that happens on the water.

With approximately 70% of the land in Marin County devoted to forests, parks, and beaches, it’s no wonder that that the area lends itself to so many outdoor activi-ties. Angel Island, China Camp, Mount Tamalpais, and Muir Woods are just a few of places where you can go to find yourself on a hike. Marin County is also the birth place of mountain biking so whether you’re looking for trails to walk or ride, we’ve got them.


0

50

100

150

200

250

300

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015

$1-2 mill $2-4 mill >$4 mill

SOUTHERN MARIN Fine Homes and EstatesSales of $1,000,000 and Above1st Quarter 2015

SOUTHERN MARINBelevedere | Mill Valley | Sausalito | Tiburon


$1,000,000 - $2,000,000 | AVERAGE DAYS ON MARKET 76 60 48 56$1,000,000 - $2,000,000 | TOTAL SOLD 266 303 302 51$2,000,000 - $4,000,000 | AVERAGE DAYS ON MARKET 82 76 70 54$2,000,000 - $4,000,000 | TOTAL SOLD 97 137 182 36OVER $4,000,000 | AVERAGE DAYS ON MARKET 189 96 167 73OVER $4,000,000 | TOTAL SOLD 20 22 45 7

Properties Sold Fine Homes and Estates, $1,000,000 & Above.

Average Days on the Market Fine Homes and Estates, $1,000,000 & Above.


Tiburon and Belvedere are located on a peninsula in southern Marin. These areas are home to some of the most expensive properties in the North Bay. Ferry rides to neighboring Angel Island and incredible views of the San Francisco skyline highlight these wonderful hamlets.

Sausalito is as rich with art and music history as it is with gorgeous views of the San Francisco Bay. Where the likes of Otis Redding and Sally Stanford once hung their hats, Sausalito’s wonderful eclectic style is characterized by floating houses that dot its harbors and unique homes that decorate its hills.

Mill Valley is the heart of southern Marin. It not only has the highest number of properties that sell every month, it contains a number of different areas to meet the desires of its residents. From the quaint downtown to hills nestled with homes among the trees, homeowners can find something that they love in Mill Valley.

0

10

20

30

40

50

60

70

80

90

100

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


0

50

100

150

200

250

300

350

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


CENTRAL MARIN Fine Homes and EstatesSales of $1,000,000 and Above1st Quarter 2015

CENTRAL MARIN Corte Madera | Fairfax | Greenbrae | Kentfield | Larkspur | San Anselmo | San Rafael | Ross






As you travel north along the 101 fwy, you’ll find Corte Madera and Larkspur. Both combine the charm of small towns with the conve-nience of being near a major metropolitan area. With the Town Cen-ter and The Village, Corte Madera offers the best shopping in the North Bay. In Larkspur, you’ll find the largest ferry terminal in the North Bay delivering folks to and from the city every day.

From there you’ll transition from condo living in Greenbrae to lovely neighborhoods in Kentfield finally arriving in the lush lifestyle of Ross. All of these areas are connected but certainly distinct and will afford you choices and options to meet your tastes.

San Rafael, the biggest city in the area as well as the county seat, is also in Central Marin. Next to San Rafael is San Anselmo, a wonderful bedroom community, and Fairfax. For those not familiar, Fairfax moves at a different pace and carves out a place in the hearts of those who love the freedom and ease the is part of the essence of Marin.

0

20

40

60

80

100

120

140

160

180

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


0

50

100

150

200

250

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


NORTHERN & COASTAL MARIN Fine Homes and EstatesSales of $850,000 and Above1st Quarter 2015






Novato is the largest geographic city in Marin. It spans from the Hamilton Wetlands in the South to the hills in the West and almost to the northern county border. From horse property to golf course living, Novato’s pockets of neighborhoods speak to its diversity. You’ll find festivals and parades in its downtown as well as convenient shopping throughout. Generations have invested in Novato to create its family atmosphere.

As you move west and reach the coast, you’ll find smaller towns such as Nicasio, Pt. Reyes Station and Stinson Beach. Each with its own character, you’ll find ranch and farm properties as well as beach houses. Tomales Bay is famous for its oyster farming but you also have the opportunity to enjoy kayaking, hiking, fishing or just relaxing in the California sun.

0

5

10

15

20

25

30

35

40

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


0

50

100

150

200

250

300

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015


NORTHERN & COASTAL MARINBolinas | Dillon Beach | Fallon | Forrest Knolls | Inverness | Lagunitas | Marshall | Muir Beach | Nicasio | Novato | Olema | Pt Reyes Sta | San Geronimo | Stinson Beach | Tomales | Woodacre

Lake CountyFine Homes and EstatesSales of $500,000 and Above1st Quarter 2015

Total Closed Sales in Lake County$500,000 and Above

Lake County

2012 2013 2014 2015 (YTD)


Just couple of hours drive from the San Francisco Bay Area, Sacramento Area, and the Pacific Coast is Lake County, home to Clear Lake, the larg-est natural freshwater lake in California, and one of the oldest lakes on the continent. The lake hosts several fishing competitions every year. But even if you’re just looking for recreational sailing, boating, jet-skiing, or relaxing on the lake, the warm, calm waters of Lake County are perfect for it all.

Lake County is also One of California’s hottest new wine destinations. If it’s tasting you into or maybe even a piece of land to grow your own, Lake County has a lot to offer. With micro-climates like that of neighboring wine country areas combined with the variety of soils, grow any number of popular varietals or try your hand at your own blend.

7

5 5

6

1

0

1

2

3

4

5

6

7

8

Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015

>$500K


NorthBay Real Estate Market Report QT 1 2015

Documents

Transcript of NorthBay Real Estate Market Report QT 1 2015