2013 Marin County Market Report Abbi Fox

54
MARIN MARKET REPORT presented by Abbi Fox

description

Decker Bullock Sotheby's International Realty - 2013 Marin Market Report presented by Abbi Fox Marin County and San Francisco Bay Area Real Estate

Transcript of 2013 Marin County Market Report Abbi Fox

Page 1: 2013 Marin County Market Report Abbi Fox

MARINM A R K E T R E P O R T

presented by

Abbi Fox

Page 2: 2013 Marin County Market Report Abbi Fox

2 | Decker Bullock Sotheby’s International Realty

Page 3: 2013 Marin County Market Report Abbi Fox

Marin experienced tremendous growth in 2013! The countywide changes from last year include:

• Single Family Homes - Average Sale Price increased 18% to $1,190,645

• Condos - Average Sale Price increased 28% to $489,021

• Combined SFH & Condos - Average Sale Price topped $1M for the first time since 2007

• Price per Square Foot was $523 for Single Family Homes, up 15% from last year.

• There is still time to buy, house prices and interest rates make it possible to purchase 53% more house than at the Peak in 2007.

Many areas across the state are seeing average sales prices that exceeded 2007 levels, with median sales price increases at 27%. Across California the number of home sales declined in December for the fifth month in a row, due to a shrinking distressed market, and increases in prices and interest rates.

Decker Bullock Sotheby’s International Realty experienced a banner year in 2013! We participated in the following sales this year:

• Record-breaking Historic Highest Priced Sale for a Marin County home in Belvedere, listed at $35,880,000

• Highest priced home sold on the MLS in Belvedere, Tiburon, Stinson Beach, Larkspur, San Anselmo, Fairfax, San Rafael and West Marin.

• Off-market sales in excess of the highest priced MLS sale in Mill Valley, Larkspur, Sausalito, Greenbrae

• Growth in sales volume in excess of 60% from 2012

• Forty top agents from other firms selected to move to Decker Bullock Sotheby’s International Realty above all competitors bringing our agent total to over 125.

• Our average productivity of over $10m per producing agent, far exceeded the market average of $2.8 million.

Commonly associated to the California Coast,

Iceplant is actually native to South Africa.

It was brought to California in the early 1900’s

to stabilize soil for railroad construction.

2013 Marin County Annual Market Report | 3

Abbi [email protected]# 01371403

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INDEX 20 - Corte Madera

22 - Fairfax

24 - Greenbrae

26- Kentfield

28 - Larkspur

6 - Marin County Sales 2013

8 - Peak Comparison

12 - Home Sales by Price Point

14 - Marin Schools

18 - Belvedere

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30 - Mill Valley

32 - Novato

34 - Ross

36 - San Anselmo

38 - San Rafael

40 - Sausalito

42 - Tiburon

44 - West Marin

46 - Beach Cities

48 - San Francisco

50 - Wine Country

52 - Making Marin History

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MARIN COUNTY SALES 2013

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MARIN COUNTY SALES 2013

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MARIN BY THE NUMBERS

City # Sold Minimum Average Maximum DOM

Beach Cities* 49 $330,000 $1,453,474 $4,000,000 128

Belvedere 31 $1,275,000 $3,560,581 $24,500,000 91

Corte Madera 107 $575,000 $1,139,935 $3,000,000 38

Fairfax 96 $245,000 $724,107 $1,625,000 63

Greenbrae 50 $475,000 $1,343,710 $3,900,000 41

Kentfield 80 $755,000 $2,274,739 $10,775,000 58

Larkspur 70 $510,000 $1,436,086 $3,200,000 55

Mill Valley 355 $300,000 $1,323,582 $4,900,000 54

Novato 516 $305,000 $736,420 $2,975,000 62

Ross 44 $650,000 $2,807,729 $15,000,000 63

San Anselmo 235 $265,000 $1,058,590 $2,850,000 62

San Rafael 541 $220,000 $930,583 $4,825,000 57

Sausalito 72 $415,000 $1,670,049 $5,600,000 58

Tiburon 124 $650,000 $2,337,327 $8,970,000 67

West Marin** 81 $135,000 $841,579 $4,200,000 98

Marin County 2469 $135,000 $1,190,459 $24,500,000 61

MARIN COUNTY MARKET - S INGLE FAMILY HOMES 2013

8+9+10+11+13+14+16+18+18+20 21+22+24+28+34+38+37+36+38+391+1+1+2+3+3+4+5+6+71975

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‘67 Corvette Stingray 427MSRP started at $5,000

Van Gogh’s “Irises”sells at auction for $53.9M

Apple, Inc. IPOat $22.00

*Beach Cities include Bolinas, Muir Beach and Stinson Beach.**West Marin includes Forest Knolls, Inverness, Lagunitas, Marshall, Nicasio, Olema, Pt. Reyes Station, San Geronimo, Tomales, Woodacre.

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MARIN ‘ 65

Average Sales Price $30,710

First year Average Sales Price exceeds $100,000

First year Average Sale Price exceeds $500,000

First year Average Sale Price exceeds $1 million

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

Precipitous 31% Drop to $848,438

Bounce to $904,818

Double Dip to $846,083

Start of Recovery:

Average Sale Price $878,900

(28% below Peak)

Average jumps to $1,040,039

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SFH & CONDO COMBINED SALES PR ICES - 1965 -2013

Closing Annual Gold Price

$272.65

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City 2013Average Price

2013Average

Sq. Ft.

2013Avg Price /

Sq. Ft.

2007Average

Price

2007Average

Sq. Ft.

2007Avg Price /

Sq. Ft.

Sq. Ft. Change in

Value

Beach Cities* $1,453,474 1,851 $785 $1,491,000 1,859 $802 -2%

Belvedere $3,560,581 3,429 $1,038 $4,132,193 3,641 $1,135 -9%

Corte Madera $1,139,935 2,008 $568 $1,343,764 1,945 $691 -8%

Fairfax $724,107 1,688 $429 $878,400 1,680 $523 -18%

Greenbrae $1,343,710 2,271 $592 $1,327,166 2,312 $574 3%

Kentfield $2,274,739 3,087 $737 $2,460,331 3,103 $793 -7%

Larkspur $1,436,086 2,298 $625 $1,582,633 2,085 $759 -18%

Mill Valley $1,323,582 2,120 $624 $1,491,219 2,158 $691 -10%

Novato $736,420 2,259 $326 $886,020 2,188 $405 -20%

Ross $2,807,729 3,120 $900 $3,282,336 3,503 $937 -4%

San Anselmo $1,058,590 2,088 $507 $1,265,911 2,247 $561 -10%

San Rafael $930,583 2,205 $422 $1,015,700 2,077 $489 -14%

Sausalito $1,670,049 2,378 $702 $1,809,325 2,320 $780 -10%

Tiburon $2,337,327 3,228 $724 $2,561,574 2,968 $863 -16%

West Marin** $841,579 2,059 $409 $994,256 1,977 $503 -19%

Marin County $1,190,459 2,275 $523 $1,364,940 2,230 $612 -15%

PEAK COMPARISON

PEAK FACTS

• 2007 at the Peak - $612/Sq. Ft. for a

Single Family Home in Marin

• Current - $523/Sq. Ft. for a Single Family

Home in Marin

• Marin is 14% below 2007 levels for

Average Price per Square Foot for Single

Family Homes.

• In 2013 Greenbrae passed the 2007 peak

average price per square foot.

MAR IN COUNTY MARKET - S INGLE FAMILY HOMES 2007 VS . 2013

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

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MEDIAN PRICE PER SQ. FT. COMPARED TO PEAKMARIN COUNTY SINGLE FAMILY HOMES

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Price per Sq. Ft.$612

# Sq.Ft. w/ Same Mo. Payment2,000

Value of Home w/ Same Mo. Payment$1,224,000

Loan Amount w/ 20% Down$979,200

Interest Rate6.4%

Monthly Payment$6,124.95

2007

Price per Sq. Ft.$523

# Sq.Ft. w/ Same Mo. Payment3,073

Value of Home w/ Same Mo. Payment$1,607,568

Loan Amount w/ 20% Down$1,286,054

Interest Rate3.98%

Monthly Payment$6,125

2013

53%MORE HOUSE

ST ILL T IME TO BUY. . .SFH & CONDO COMBINED SALES PR ICES - 1965 -2013

Buyers who waited on the sidelines in 2013 experienced the explosive

appreciation and competition for a limited inventory of available homes.

However, Marin still finished the year ahead with home buying affordability

ahead of 2007 levels. Based on average price per square foot, a 20% down

payment and 30-year fixed interest rates, a 2,000 sq. ft. home purchased in

2007, would have required a mortgage payment of $6,125.

Using the 2013 average values and interest rates, $6,125 could

purchase approximately ~3,700 sq. ft. of home. A 53%

larger home size for the same monthly cost. So don’t

wait, economists are predicting that prices and inter-

est rates will continue to trend upwards in 2014!

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Homes under $2 million comprised 93% of sales in 2013, with around 60% in the $1 million and under segment. This year we saw a significant expansion of sales into the

$2-4 million price points. There were 183 homes sold in the $2 million range compared to 127 last year, and 52 homes sold in the $3 million range, compared with 33 last year. This represents an increase of 44% and 57% respectively.

This year, 17 homes closed over $5 million, compared with 16 last year. The major difference in 2013 was that there were three homes sold over $10 million, and one of the three was over $20 million, compared with a high of less than $9 million in 2012.

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5+52+32+7+2+1+1+K

MARIN $500K - $1M

$2M - $3M

$3M - $4M

$3M - $4M

$4M+

< $500K

$1M -

$2M

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HOME SALES BY PR ICEMARIN COUNTY MARKET - S INGLE FAMILY HOMES

Price Range Quantity Sold DOM

$120,000 thru $139,999 1 61

$200,000 thru $249,999 4 71

$250,000 thru $299,999 8 82

$300,000 thru $349,999 16 106

$350,000 thru $399,999 23 106

$400,000 thru $449,999 33 74

$450,000 thru $499,999 58 70

143

$500,000 thru $549,999 99 56

$550,000 thru $599,999 112 78

$600,000 thru $649,999 138 67

$650,000 thru $699,999 128 53

$700,000 thru $749,999 157 50

$750,000 thru $799,999 159 56

$800,000 thru $849,999 158 51

$850,000 thru $899,999 125 57

$900,000 thru $949,999 99 49

$950,000 thru $999,999 84 56

1259

$1,000,000 thru $1,249,999 281 57

$1,250,000 thru $1,499,999 261 61

$1,500,000 thru $1,749,999 154 54

$1,750,000 thru $1,999,999 96 72

792

$2,000,000 thru $2,249,999 72 70

$2,250,000 thru $2,499,999 43 74

$2,500,000 thru $2,749,999 38 68

$2,750,000 thru $2,999,999 30 99

183

Price Range Quantity Sold DOM

$3,000,000 thru $3,249,999 19 88

$3,250,000 thru $3,499,999 14 49

$3,500,000 thru $3,749,999 9 74

$3,750,000 thru $3,999,999 10 56

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$4,000,000 thru $4,249,999 8 71

$4,250,000 thru $4,499,999 6 34

$4,500,000 thru $4,749,999 1 116

$4,750,000 thru $4,999,999 6 131

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$5,000,000 thru $5,999,999 5 79

$6,000,000 thru $6,999,999 4 62

$7,000,000 thru $7,999,999 2 137

$8,000,000 thru $8,999,999 2 36

$9,000,000 thru $9,999,999 1 176

$10,000,000 thru $14,999,999 1 64

$15,000,000 thru $20,000,000 1 190

$20,000,000+ 1 64

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MARIN SCHOOLSSETTING THE B AR FOR C AL IFORNIA SCHOOLS

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On the California School Rating system:• 39 Marin schools ranked over an 8 out of 10 • 23 Marin schools ranked a perfect 10

For additional information visit:http://school-ratings.com/counties/Marin.html

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On the California School Rating system:• 39 Marin schools ranked over an 8 out of 10 • 23 Marin schools ranked a perfect 10

For additional information visit:http://school-ratings.com/counties/Marin.html

ELEMENTARY SCHOOLS

MARIN PUBL IC SCHOOLS RATED 8+

MIDDLE SCHOOLS

HIGH SCHOOLS

Bacich Elementary

Kentf ield9

Loma Verde Elementary

Novato8

Tamalpais Valley Elementary

Mill Valley10

San Jose Intermediate

Novato8

10 Del Mar Middle

Belvedere - Tiburon

10 Hall Middle

Larkspur

White Hill Middle

Fairfax10

Sinaloa Middle

Novato8

Kent Middle

Kentf ield10

Miller Creek Middle

San Rafael10

Nicasio

Nicasio8

San Ramon Elementary

Novato8

Ross Elementary

Ross10

Brookside Elementary

San Anselmo10

Brookside Upper

San Anselmo10

Dixie Elementary

San Rafael10

Mary E. Silveria Elementary

San Rafael9

Vallecito Elementary

San Rafael9

Coleman Elementary

San Rafael8

Glenwood Elementary

San Rafael9

10 Bel Aire Elementary

Belvedere - Tiburon

Sun Valley Elementary

San Rafael9

10 Reed Elementary

Belvedere - Tiburon

Park Elementary

Mill Valley10

Pleasant Valley Elementary

Novato10

Manor Elementary

Fairfax8

Old Mill Elementary

Mill Valley10

Novato High

Novato8

10 Tamiscal High [Alternative]

Larkspur

Sir Francis Drake High

San Anselmo9

10 Redwood High

Larkspur

Tamalpais High

Mill Valley9

Edna Maguire Elementary

Mill Valley10

Novato Charter

Novato10

Strawberry Point Elementary

Mill Valley10

Rancho Elementary

Novato10

Neil Cummins Elementary

Corte Madera9

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

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MARIN SALES - C ITY DATA 2013

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MARIN SALES - C ITY DATA 2013

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BELVEDERE

The scenic enclave of Belvedere has one of the highest per capita income levels in the country.

This year, it was the location of the record-breaking sale of the highest priced home in Marin

County history. Decker Bullock Sotheby’s International Realty represented both the buyer

and seller in the sale which closed for an undisclosed amount. The beautiful home was listed at

$35,880,000 and was the location of the Marin Designer Showcase in 2012. Our firm has the most

extensive experience in listing and selling homes on Belvedere island. Our sales volume exceeded

60% of the highest priced sales in Belvedere in 2013. The total Belvedere sales on the MLS was $110

million, Decker Bullock Sotheby’s International Realty had over $58 million in Belvedere sales in 2013.

# of Single Family Homes Sold 31

% Change in Sales from Previous Yr. -11%

Minimum Price Sold $1,275,000

Average Price Sold $3,560,581

Change in Avg. Price from Previous Yr. 17%

Maximum Price Sold $24,500,000

Price per Sq. Ft. for Homes Sold $1,038

Change in Value from the ‘07 Peak -9%

Average Days on Market 91

We sold more than 60% of the highest priced Belvedere sales in 2013.

BELVEDERE SINGLE FAMILY HOMES 60+20+20+33+38+31+31+23+23+32+33+3630

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# OF UNITS SOLD IN LAST 10 YEARSBELVEDERE SFH / CONDOS

AVERAGE SALES PRICE IN LAST 10 YEARSBELVEDERE SFH / CONDOS27+28+31+39+41+32+32+26+30+36 $2 ,702 , 455

$2 , 806 , 076$3 , 082 , 290

$3 , 880 , 903$4 , 132 , 193

$3 , 166 , 957$3 , 164 , 802

$2 , 576 , 424$2 , 996 , 282

$3 , 560 , 581

2004200520062007200820092010201120122013

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Represented the Buyer and Seller in the saleof the highest priced home in Marin County real estate sales history.

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77+75+47+56+30+7+39+60+47+75# OF UNITS SOLD IN LAST 10 YEARS

CORTE MADERA SFH / CONDOS

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CORTE MADERA

Corte Madera is centrally located with an outstanding

climate, close proximity to the 101 corridor and two

high-end shopping centers. Property in Corte Madera

sold quickly in 2013 with an average of only 38 days on the market.

AVERAGE SALES PRICE IN LAST 10 YEARSCORTE MADERA SFH / CONDOS28+33+30+36+35+29+29+27+28+35 $853 , 877

$1 , 035 , 504

2004200520062007200820092010201120122013

$846 , 060$1 , 020 , 082

$996 , 939$1 , 214 , 431$1 , 133 , 813

$889 , 935$896 , 390

$778 , 070

# of Single Family Homes Sold 107

% Change in Sales from Previous Yr. 22%

Minimum Price Sold [SFH] $575,000

Average Price Sold [SFH] $1,139,935

Change in Avg. Price from Previous Yr. 21%

Maximum Price Sold [SFH] $3,000,000

Price per Sq. Ft. for Homes Sold $568

Change in Value from the ‘07 Peak -18%

Average Days on Market 38

CORTE MADERA SINGLE FAMILY HOMES

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# OF UNITS SOLD IN LAST 10 YEARSFAIRFAX SFH / CONDOS

FA IRFAX

Fairfax has been in high demand in the Marin housing recovery. The town is renowned as the birth place of mountain biking and has one of the liveliest downtown

nightlife scenes in Marin. Our firm sold the highest priced home in Fairfax in 2013 at $1,625,000.

29+41+39+42+32+28+27+24+26+302004200520062007200820092010201120122013

$696 , 970$815 , 305

$788 , 716$841 , 837

$733 , 626$664 , 038$637 , 541

$562 , 177$602 , 830

$703 , 187

AVERAGE SALES PRICE IN LAST 10 YEARSFAIRFAX SFH / CONDOS

# of Single Family Homes Sold 96

% Change in Sales from Previous Yr. 37%

Minimum Price Sold [SFH] $245,000

Average Price Sold [SFH] $724,107

Change in Avg. Price from Previous Yr. 16%

Maximum Price Sold [SFH] $1,625,000

Price per Sq. Ft. for Homes Sold $429

Change in Value from the ‘07 Peak -18%

Average Days on Market 63

FAIRFAX SINGLE FAMILY HOMES

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Sold the highest priced home in Fairfaxat $1,625,000.

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95+91+72+95+60+64+89+95+85+82

# of Single Family Homes Sold 50

% Change in Sales from Previous Yr. 4%

Minimum Price Sold [SFH] $475,000

Average Price Sold [SFH] $1,343,710

Change in Avg. Price from Previous Yr. 14%

Maximum Price Sold [SFH] $3,900,000

Price per Sq. Ft. for Homes Sold $592

Change in Value from the ‘07 Peak 3%

Average Days on Market 42

GREENBRAE SINGLE FAMILY HOMES

GREENBRAE

Greenbrae is the entryway to Ross Valley and some

of Marin County’s best kept treasures. Greenbrae

consistently has a higher percentage of homes in

contract than any other town in Marin County.

# OF UNITS SOLD IN LAST 10 YEARSGREENBRAE SFH / CONDOS

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$854 , 592$996 , 749

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$855 , 929$1 , 033 , 618

$960 , 365$1 , 052 , 236

$966 , 623$892 , 534

$880 , 914$776 , 760

AVERAGE SALES PRICE IN LAST 10 YEARSGREENBRAE SFH / CONDOS

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# of Single Family Homes Sold 80

% Change in Sales from Previous Yr. 21%

Minimum Price Sold [SFH] $755,000

Average Price Sold [SFH] $2,274,739

Change in Avg. Price from Previous Yr. 8%

Maximum Price Sold [SFH] $10,775,000

Price per Sq. Ft. for Homes Sold $737

Change in Value from the ‘07 Peak -7%

Average Days on Market 58

KENTFIELD SINGLE FAMILY HOMES

KENTF IELD

Kentfield is located in the heart of Marin and has

become one of the most sought after locales in 2013

partly in due to the nationally renowned schools.

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# OF UNITS SOLD IN LAST 10 YEARSKENTFIELD SFH / CONDOS

29+55+28+60+55+54+42+51+52+562004200520062007200820092010201120122013

$1 , 761 , 924$2 , 183 , 963

$1 , 616 , 245$2 , 427 , 872

$2 , 169 , 822$2 , 138 , 587

$1 , 834 , 070$2 , 046 , 877$2 , 058 , 497

$2 , 252 , 755

AVERAGE SALES PRICE IN LAST 10 YEARSKENTFIELD SFH / CONDOS

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Represented an off-market sale in Larkspurfor $4,400,000 as well as the highest priced on-market sale at $3,200,000.

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# of Single Family Homes Sold 70

% Change in Sales from Previous Yr. -15%

Minimum Price Sold [SFH] $510,000

Average Price Sold [SFH] $1,436,086

Change in Avg. Price from Previous Yr. 20%

Maximum Price Sold [SFH] $3,200,000

Price per Sq. Ft. for Homes Sold $625

Change in Value from the ‘07 Peak -18%

Average Days on Market 55

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# OF UNITS SOLD IN LAST 10 YEARSLARKSPUR SFH / CONDOS

LARKSPUR

Larkspur’s downtown, between the Lark Theater and the original Lark Creek Inn, has been designated as a state and city historic district and is officially listed on the

National Register of Historic Places. Our agents are some of the most experienced in the Corte Madera/Larkspur area.

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70+79+77+78+80+72+71+71+71+77

$1 ,050 , 529$1 , 310 , 744$1 , 289 , 408$1 , 301 , 432$1 , 326 , 939

$1 , 126 , 196$1 , 078 , 463$1 , 098 , 911$1 , 070 , 071

$1 , 301 , 063

AVERAGE SALES PRICE IN LAST 10 YEARSLARKSPUR SFH / CONDOS

LARKSPUR SINGLE FAMILY HOMES

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30 | Decker Bullock Sotheby’s International Realty

MILL VALLEY

In 2005, CNN/Money and Money magazine ranked Mill

Valley tenth on its list of the 100 Best Places to Live in

the United States. Our off-market sale in Mill Valley at

$5,275,000 exceeded the highest price home sold on the

MLS in 2013, which topped out at $4.9 million.

96+85+82+80+46+54+55+64+80+82

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5 86465 419 393

256 258 287 316391 419

# OF UNITS SOLD IN LAST 10 YEARSMILL VALLEY SFH / CONDOS

AVERAGE SALES PRICE IN LAST 10 YEARSMILL VALLEY SFH / CONDOS49+64+71+80+79+51+55+48+54+62

$1 ,096 , 015$1 , 245 , 978

$1 , 317 , 504$1 , 400 , 526$1 , 397 , 116

$1 , 110 , 636$1 , 159 , 801

$1 , 081 , 201$1 , 145 , 067

$1 , 230 , 088

2004200520062007200820092010201120122013

# of Single Family Homes Sold 355

% Change in Sales from Previous Yr. 2%

Minimum Price Sold [SFH] $300,000

Average Price Sold [SFH] $1,323,582

Change in Avg. Price from Previous Yr. 9%

Maximum Price Sold [SFH] $4,900,000

Price per Sq. Ft. for Homes Sold $624

Change in Value from the ‘07 Peak -10%

Average Days on Market 54

MILL VALLEY SINGLE FAMILY HOMES

Page 31: 2013 Marin County Market Report Abbi Fox

2013 Marin County Annual Market Report | 31

Represented an off-market sale in Mill Valley for $5,275,000, exceeding the highest priced sale posted on the MLS at $4,900,000.

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32 | Decker Bullock Sotheby’s International Realty

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2013 Marin County Annual Market Report | 33

66+77+78+75+60+53+53+47+52+61

$667 , 554$772 , 222$781 , 676

$757 , 815$598 , 367

$531 , 102$530 , 849

$469 , 387$526 , 319

$624 , 279

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# OF UNITS SOLD IN LAST 10 YEARSNOVATO SFH & CONDOS

968 925750

496 563 610 571 610759 712

NOVATO

The city of Novato is the northern-most city in Marin. It is a gateway to the Wine Country in Sonoma and Napa Counties and a family-friendly affordable town that had

more home sales than any other city in Marin. Housing ranges from condos to country estates and newer subdivisions.

2004200520062007200820092010201120122013

AVERAGE SALES PRICE IN LAST 10 YEARSNOVATO SFH & CONDOS

# of Single Family Homes Sold 516

% Change in Sales from Previous Yr. -8%

Minimum Price Sold [SFH] $305,000

Average Price Sold [SFH] $736,420

Change in Avg. Price from Previous Yr. 19%

Maximum Price Sold [SFH] $2,975,000

Price per Sq. Ft. for Homes Sold $326

Change in Value from the ‘07 Peak -20%

Average Days on Market 62

NOVATO SINGLE FAMILY HOMES

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34 | Decker Bullock Sotheby’s International Realty

21+28+27+33+32+23+30+29+23+27 $2 ,159 , 374$2 , 786 , 116

$2 , 710 , 838$3 , 282 , 336

$3 , 181 , 446$2 , 270 , 480

$2 , 968 , 329$2 , 877 , 714

$2 , 279 , 002$2 , 807 , 729

ROSS

Ross is an exclusive community of expansive estates and award-winning schools. Decker Bullock Sotheby’s International Realty has a history of selling the highest

priced homes in this community, which was also the highest priced sale in Marin County in both 2012 and 2011.

AVERAGE SALES PRICE IN LAST 10 YEARSROSS SFH & CONDOS

28+37+34+29+28+35+20+27+42+44# OF UNITS SOLD IN LAST 10 YEARSROSS SFH & CONDOS

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2 837 34

29 2835

2027

42 44

2004200520062007200820092010201120122013

# of Single Family Homes Sold 44

% Change in Sales from Previous Yr. 5%

Minimum Price Sold [SFH] $650,000

Average Price Sold [SFH] $2,807,729

Change in Avg. Price from Previous Yr. 23%

Maximum Price Sold [SFH] $15,000,000

Price per Sq. Ft. for Homes Sold $900

Change in Value from the ‘07 Peak -4%

Average Days on Market 63

ROSS SINGLE FAMILY HOMES

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2013 Marin County Annual Market Report | 35 2013 Marin County Annual Market Report | 35

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36 | Decker Bullock Sotheby’s International Realty36 | Decker Bullock Sotheby’s International Realty

Represented both the buyer and seller of the highest priced sale in San Anselmo at $2,850,000.

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2013 Marin County Annual Market Report | 37

# of Single Family Homes Sold 235

% Change in Sales from Previous Yr. 19%

Minimum Price Sold [SFH] $265,000

Average Price Sold [SFH] $1,058,590

Change in Avg. Price from Previous Yr. 12%

Maximum Price Sold [SFH] $2,850,000

Price per Sq. Ft. for Homes Sold $507

Change in Value from the ‘07 Peak -10%

Average Days on Market 62

SAN ANSELMO

San Anselmo is the hub of central Marin with a lively downtown with boutique shops and restaurants. Decker Bullock Sotheby’s International Realty

represented both the buyer and seller of the highest priced sale in San Anselmo at $2,850,000.

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2 30 213166 179

115 137 152 140201

242

# OF UNITS SOLD IN LAST 10 YEARSSAN ANSELMO SFH & CONDOS

$912 , 110$1 , 043 , 718$1 , 070 , 496$1 , 056 , 271$1 , 240 , 140

$836 , 297$830 , 755$856 , 983

$936 , 948$1 , 044 , 441

2004200520062007200820092010201120122013

AVERAGE SALES PRICE IN LAST 10 YEARSSAN ANSELMO SFH & CONDOS81+90+91+90+92+74+73+76+84+90

SAN ANSELMO SINGLE FAMILY HOMES

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38 | Decker Bullock Sotheby’s International Realty

SAN RAFAEL

San Rafael is centrally located in beautiful Marin. It is the county seat, as well as the oldest, largest, and most culturally diverse city in Marin. Decker Bullock

Sotheby’s International Realty sold the highest priced home in San Rafael this year at $4,825,000.

75+88+88+90+79+64+62+61+62+782004200520062007200820092010201120122013

$755 , 721$880 , 761$884 , 136$905 , 599

$790 , 044$639 , 338$625 , 298$619 , 825$622 , 127

$783 , 416

AVERAGE SALES PRICE IN LAST 10 YEARSSAN RAFAEL SFH & CONDOS

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8 54669

488650 695764

562 565 603758

# OF UNITS SOLD IN LAST 10 YEARSSAN RAFAEL SFH & CONDOS

# of Single Family Homes Sold 541

% Change in Sales from Previous Yr. 8%

Minimum Price Sold [SFH] $220,000

Average Price Sold [SFH] $930,583

Change in Avg. Price from Previous Yr. 26%

Maximum Price Sold [SFH] $4,825,000

Price per Sq. Ft. for Homes Sold $422

Change in Value from the ‘07 Peak -14%

Average Days on Market 57

SAN RAFAEL SINGLE FAMILY HOMES

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2013 Marin County Annual Market Report | 39 2013 Marin County Annual Market Report | 39

Sold the highest priced home in San Rafael at $4,825,000.

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40 | Decker Bullock Sotheby’s International Realty

Represented both the buyer and seller of an off-market sale in Sausalito at $5,250,000.

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2013 Marin County Annual Market Report | 41

# of Single Family Homes Sold 72

% Change in Sales from Previous Yr. 22%

Minimum Price Sold [SFH] $415,000

Average Price Sold [SFH] $1,670,049

Change in Avg. Price from Previous Yr. 13%

Maximum Price Sold [SFH] $5,600,000

Price per Sq. Ft. for Homes Sold $702

Change in Value from the ‘07 Peak -10%

Average Days on Market 58

SAUSALITO SINGLE FAMILY HOMES

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1 85 168

116 11374 76

90 115 129140

SAUSAL ITO

This remarkable tourist destination is the epitome of

present day luxury with breathtaking views of the

San Francisco Bay, Angel Island, Alcatraz, Golden

Gate Bridge, and the world famous skyline of San Francisco.

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$959 , 299$1 , 035 , 793

$1 , 249 , 454$1 , 309 , 383$1 , 296 , 701

$942 , 556$1 , 113 , 340

$1 , 063 , 063$943 , 617

$1 , 160 , 792

# OF UNITS SOLD IN LAST 10 YEARSSAUSALITO SFH & CONDOS

AVERAGE SALES PRICE IN LAST 10 YEARSSAUSALITO SFH & CONDOS

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42 | Decker Bullock Sotheby’s International Realty

T IBURON

Belvedere-Tiburon was ranked by Forbes magazine as among the 20 most expensive real estate markets in the US. Decker Bullock Sotheby’s International Realty is the

premier firm in Tiburon with more transaction sides of the highest priced homes sold in Tiburon than any other company.

37+69+68+91+72+65+65+28+35+71$1 ,669 , 561

$1 , 990 , 514$1 , 976 , 550

$2 , 207 , 819$2 , 021 , 714

$1 , 948 , 830$1 , 951 , 710

$1 , 577 , 871$1 , 652 , 334

$2 , 018 , 950

2004200520062007200820092010201120122013

AVERAGE SALES PRICE IN LAST 10 YEARSTIBURON SFH & CONDOS

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1 88171

142168

11681

122 133159 163

# OF UNITS SOLD IN LAST 10 YEARSTIBURON SFH & CONDOS

# of Single Family Homes Sold 124

% Change in Sales from Previous Yr. 1%

Minimum Price Sold [SFH] $650,000

Average Price Sold [SFH] $2,337,327

Change in Avg. Price from Previous Yr. 23%

Maximum Price Sold [SFH] $8,970,000

Price per Sq. Ft. for Homes Sold $724

Change in Value from the ‘07 Peak -16%

Average Days on Market 67

TIBURON SINGLE FAMILY HOMES

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2013 Marin County Annual Market Report | 43

Represented the buyer in the highest priced sale in Tiburon at $8,970,000 and participated in every sale over $4.5M in Tiburon and off-market sales as well.

Page 44: 2013 Marin County Market Report Abbi Fox

44 | Decker Bullock Sotheby’s International Realty44 | Decker Bullock Sotheby’s International Realty

Highest priced sale in West Marinat $4,200,000 in Tomales.

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2013 Marin County Annual Market Report | 45

# of Single Family Homes Sold 81

% Change in Sales from Previous Yr. 13%

Minimum Price Sold [SFH] $135,000

Average Price Sold [SFH] $841,579

Change in Avg. Price from Previous Yr. 40%

Maximum Price Sold [SFH] $4,200,000

Price per Sq. Ft. for Homes Sold $409

Change in Value from the ‘07 Peak -19%

Average Days on Market 104

WEST MARIN SINGLE FAMILY HOMES

WEST MARIN

Our West Marin data includes Forest Knolls,

Inverness, Lagunitas, Marshall, Nicasio, Olema,

Pt. Reyes Station, San Geronimo, Tomales and

Woodacre. Decker Bullock Sotheby’s International Realty

sold the only home over $4M in the last five years and we

sold 2/3 of the homes over $3M since 2010.

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$1 , 118 , 510

$1 , 223 , 367

$1 , 253 , 850

$1 , 224 , 960

$1 , 179 , 167

$886 , 723

$878 , 232

$704 , 342

$660 , 488

$841 , 579

AVERAGE SALES PRICE IN LAST 10 YEARSWEST MARIN SFH & CONDOS

Page 46: 2013 Marin County Market Report Abbi Fox

46 | Decker Bullock Sotheby’s International Realty

# of Single Family Homes Sold 49

% Change in Sales from Previous Yr. -2%

Minimum Price Sold [SFH] $330,000

Average Price Sold [SFH] $1,453,474

Change in Avg. Price from Previous Yr. 21%

Maximum Price Sold [SFH] $4,000,000

Price per Sq. Ft. for Homes Sold $785

Change in Value from the ‘07 Peak -2%

Average Days on Market 128

BEACH CITIES S INGLE FAMILY HOMES

BEACH C IT IES

The beach communities of Stinson Beach, Muir

Beach and Bolinas offer incredible oceanfront

homes. Decker Bullock Sotheby’s International

Realty represented the two top sales in Stinson Beach in

2013, at $3,600,000 and $4,000,000.

AVG. SALES PRICE IN LAST 10 YEARSBEACH CITIES SFH / CONDOS

$1 ,179 , 167

$886 , 723

82+92+95+92+88+59+58+40+36+99$1 ,118 , 510

$1 , 223 , 367

$1 , 253 , 850

$1 , 224 , 960

$878 , 232

$704 , 342

$660 , 488

$1 , 429 , 704

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2013 Marin County Annual Market Report | 47 2013 Marin County Annual Market Report | 47

Represented the top two sales in Stinson Beach in 2013 at $3,600,000 and $4,000,000.

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48 | Decker Bullock Sotheby’s International Realty

SAN FRANCISCO

SINGLE FAMILY HOMES CONDOS / TIC

# Sold Avg. Price Max Price # Sold Avg. Price Max Price

District 1Central Richmond, Inner Richmond, Jordan Park / Laurel Heights, Lake Street, Sea Cliff, Lone Mountain

226 $1,592,686 $7,998,000 156 $865,327 $2,050,000

District 2Golden Gate Heights, Outer Parkside, Outer Sunset, Park-side, Central Sunset, Inner Sunset, Inner Parkside

489 $893,668 $2,100,000 57 $737,503 $1,425,000

District 3Lake Shore, Merced Heights, Pine Lake Park, Stonestown, Lakeside, Merced Manor, Ingleside Heights, Oceanview

181 $760,581 $1,680,000 33 $457,851 $800,000

District 4Balboa 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

327 $1,211,034 $4,750,000 60 $529,015 $1,100,000

District 5Glen Park, Haight Asbury, Noe Valley, Twin Peaks, Cole Val-ley/ Parnassus Heights, Buena Vista / Asbury Heights, Co-rona Heights, Clarendon Heights, Duboce Triangle, Eureka Valley/ Dolores Heights, Mission Dolores

370 $1,790,613 $6,000,000 500 $1,005,443 $2,650,000

District 6Anza Vista, Hayes Valley, Lower Pacific Heights, Western Addition, Alamo Square, North Panhandle

42 $1,962,670 $3,628,000 353 $818,676 $2,055,000

District 7Marina, Pacific Heights, Presidio Heights, Cow Hollow 137 $4,554,797 $18,000,000 386 $1,292,242 $5,710,000

District 8Downtown, Financial District / Barbary Coast, Nob Hill, North Beach, Russian Hill, Van Ness / Civic Center, Tele-graph Hill, North Waterfront, Tenderloin

23 $3,266,522 $12,375,000 532 $1,075,985 $7,000,000

District 9Bernal Heights, Inner Mission, Mission Bay, Potrero Hill, South of Market, Yerba Buena, South Beach, Central Wa-terfront / Dogpatch

280 $1,098,226 $3,525,000 1167 $923,498 $7,850,000

District 10 Bayview, Crocker Amazon, Excelsior, Outer Mission, Visitacion Valley, Portola, Silver Terrace, Mission Terrace, Hunter Point, Bayview Heights, Candlestick Point, Little Hollywood

562 $587,215 $1,190,000 77 $424,061 $865,900

Single Family Homes Condos /TIC

# of Single Family Homes Sold 2637 3323

% Change in Sales from Previous Yr. 0% 5%

Change in Value from the ‘07 Peak 14% 8%

Average Price Sold [SFH] $1,293,985 $963,214

Change in Avg. Price from Previous Yr. 17% 18%

Change in Value from the ‘07 Peak 7% 15%

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2013 Marin County Annual Market Report | 49 2013 Marin County Annual Market Report | 49

Page 50: 2013 Marin County Market Report Abbi Fox

50 | Decker Bullock Sotheby’s International Realty50 | Decker Bullock Sotheby’s International Realty

Represented 1/6th of all sales over $5M in Sonoma and Napa County including an off-market sale in Healdsburg.

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2013 Marin County Annual Market Report | 51

WINE COUNTRY

74+83+95+87+63+46+48+40+51+722004

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$539 , 948

$607 , 744

$639 , 116

$627 , 379

$464 , 856

$385 , 485

$406 , 851

$376 , 346

$416 , 181

$492 , 536

AVG. SALES PRICE IN LAST 10 YEARSSONOMA COUNTY SFH / CONDOS 61+76+87+96+64+37+41+40+49+65

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$625 , 321

$767 , 244

$856 , 801

$864 , 297

$605 , 617

$447 , 915

$475 , 614

$472 , 278

$542 , 111

$603 , 228

AVG. SALES PRICE IN LAST 10 YEARSNAPA COUNTY SFH / CONDOS

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5206

40054929

54735060 5394

61275582

# OF UNITS SOLD IN LAST 10 YEARSSONOMA COUNTY SFH / CONDOS

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# OF UNITS SOLD IN LAST 10 YEARSNAPA COUNTY SFH / CONDOS

Minimum Price Sold [SFH] $25,000

Average Price Sold [SFH] $526,045

Change in Avg. Price from Previous Yr. 19%

Maximum Price Sold [SFH] $8,400,000

SONOMA COUNTY SINGLE FAMILY HOMES

Minimum Price Sold [SFH] $35,000

Average Price Sold [SFH] $636,062

Change in Avg. Price from Previous Yr. 18%

Maximum Price Sold [SFH] $13,500,000

NAPA COUNTY SINGLE FAMILY HOMES

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52 | Decker Bullock Sotheby’s International Realty

MAKING MARIN H ISTORY2013 - Marin County Highest Priced Sale in History - Belvedere (Undisclosed Price)2012 - Marin County Highest Priced Sale - Ross2011 - Marin County Highest Priced Sale - Ross2007 - Marin County Highest Priced Sale - Tiburon2013 - Highest Fairfax Price Sold2013 - Highest Larkspur Price Sold (Off-Market)

In 2013 we represented the highest priced home sales in:

Marin CountyBelvedereFairfaxLarkspurMill ValleySan AnselmoSan RafaelStinson BeachTiburonWest Marin

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2013 Marin County Annual Market Report | 53

Represented the Buyer and Seller in the sale of the highest priced home in Marin County real estate sales history.

Page 54: 2013 Marin County Market Report Abbi Fox

Southern Marin Offices

100 Tiburon Blvd.Mill Valley, CA 94941415.381.7300

145 Lomita DriveMill Valley, CA 94941415.383.9393

Sausalito Office

211 Second StreetSausalito, CA 94965415.331.9000

Ross Valley Office

189 Sir Francis Drake Blvd.Greenbrae, CA 94904415.461.7200

Belvedere - Tiburon Office

10 Beach RoadTiburon, CA 94920415.435.0700

Decker Bullock Sotheby’s International Realty preferred lender

Gina [email protected] # 291780