2012 Marin Market Report

40
Marin Market Report 2012 Corey Graham 415.971.0167 [email protected] Presented by

description

Real estate sales statistics of Marin County and its cities for 2012, including comparisons to the peak market in 2007 and sales history of the last 10 years.

Transcript of 2012 Marin Market Report

Page 1: 2012 Marin Market Report

Marin Market Report

2012

Corey Graham415.971.0167

[email protected]

Presented by

COREY GRAHAM

Page 2: 2012 Marin Market Report

Decker Bullock Sotheby’s International Realty offers the very best in real estate brokerage bringing exceptional local talent and global marketing. Our success is undisputed. We consistently sell the high-est priced homes in Marin!

• Highest Priced Sale in Marin – 2012

• Highest Priced Sale in Belvedere

• Highest Priced Sale in Tiburon

• Highest Priced Sale in Ross

• Highest Priced Sale in San Anselmo

• Highest Priced Sale in Marin - 2011

If you are considering the sale or purchase of a home, our knowl-edgeable and experienced agents can assist you to ensure you have the optimal experience. You can search current listings locally and globally at www.deckerbullocksir.com.

2 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Heidi PayChief Operating Offi cer and General Manager

415.384.4008 [email protected]

Page 3: 2012 Marin Market Report

Marin County Sales 2012 ....................................................... 4

Peak Comparison ...................................................................... 6

Marin Sales by Price Point ..................................................... 8

Cities and Areas in Marin:

TA B L E O F C O N T E N T S

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 3

Belvedere .........................10

Corte Madera ...............12

Fairfax ................................14

Greenbrae .......................16

Kentfi eld ...........................18

Larkspur ............................20

Mill Valley .........................22

Novato ..............................24

Ross .....................................26

San Anselmo ..................28

San Rafael ........................30

Sausalito ............................32

Tiburon .............................34

West Marin .....................36

Beach Cities ....................38

Page 4: 2012 Marin Market Report

Marin Homes have, with the exception of the last 5 years, shown a consistent and steady level of appreciation. Below are the prices for all residential sales, which include Single Family Homes and Condominiums.

• 1965 – Average Sales Price $30,710• 1978 – First year Average Sales 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 • 2012 – Start of Recovery: Average Sale Price $878,900 (28% below Peak)

MARIN COUNTY SALES 2012

4 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

1983

1982

1983

1982

Marin County Average Residential Sales PriceSingle Family Homes and Condos

1965-2012

Average Sale PriceData from BAREIS MLS

1975

1976

1981

1965

1966

1967

1968

1969

1970

1971

1972

1977

1974

1973

1979

1980

1984

1985

1986

1987

1992

1991

1990

1989

1993

1994

1995

1988

1996

2001

2000

1999

1998

2002

2003

2004

1997

2005

2010

2009

2008

2007

2011

2012

2006

1978

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000

$1,200,000

$1,300,000

Page 5: 2012 Marin Market Report

• Single Family Home sales topped out at $11,500,000. • Our company participated in the Highest Priced Sales in Belvedere, Tiburon,

Ross and San Anselmo. • The Highest Average Price was in Belvedere at $3,037,176• The Shortest Days On Market was in Greenbrae with an average of 57 days• The Most Home Sales were in Novato, with 558 homes sold, followed by

San Rafael with 502 homes sold.

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 5

City No# Sold Minimum Average MaximumDays on Market

Beach Citi es* 50 $244,000 $1,204,381 $6,200,000 223

Belvedere 35 $1,620,000 $3,037,176 $6,700,000 108

Corte Madera 88 $415,000 $944,437 $3,200,000 71

Fairfax 70 $200,000 $625,587 $1,639,900 78

Greenbrae 48 $519,000 $1,183,544 $2,600,000 57

Kentf ield 66 $440,000 $2,104,209 $8,400,000 60

Larkspur 82 $380,000 $1,196,162 $2,600,000 74

Mill Valley 349 $200,000 $1,217,333 $4,000,000 75

Novato 558 $144,900 $620,906 $2,400,000 84

Ross 42 $656,800 $2,279,002 $11,500,000 81

San Anselmo 197 $300,000 $948,796 $3,000,000 74

San Rafael 502 $260,000 $738,224 $4,000,000 84

Sausalito 59 $370,000 $1,473,051 $5,930,000 83

Tiburon 123 $549,900 $1,895,003 $7,000,000 88

West Marin** 72 $77,500 $602,870 $1,850,000 135

Data from BAREIS MLS * Bolinas, Muir Beach, Sti nson Beach ** Forest Knolls, Inverness, Lagunitas, Nicasio, Olema, Pt. Reyes Stati on, San Geronimo and Woodacre

Home Sales by Area – 2012 Annual ReportMarin Single Family Homes

Page 6: 2012 Marin Market Report

The best standard method of determining values is to compare the Price per

Square Foot with previous periods.

• 2007 at the Peak - $538/sf for a Single Family Home in Marin

• Current - $391/sf for a Single Family Home in Marin

• Change – a 28% drop in value for homes and condos combined

P E A K C O M PA R I S O N

6 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Page 7: 2012 Marin Market Report

• Marin is 26% below 2007 levels for Average Price per Square Foot for Single

Family Homes.

• The Beach Cities, combining Bolinas, Stinson and Muir Beach, had the great-

est recovery with values down just 4% from 2007 levels.

• Greenbrae took second place with just 11% below 2007 levels.

• West Marin has been slowest to recover and values are 35% below 2007 levels.

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 7

––––––––––– CURRENT 2012 ––––––––––– ––––––––––––– PEAK 2007 ––––––––––––– Change in ValueBased on

Sq. Ft. PriceCityAverage

PriceAverage

Sq. Ft.Average

Price/Sq. Ft.Average

PriceAverage

Sq. Ft.Average

Price/Sq. FtBeach Citi es* $1,204,381 1,567 $769 $1,491,000 1,859 $802 -4%

Belvedere $3,037,176 3,366 $902 $4,132,193 3,641 $1,135 -21%

Corte Madera $944,437 1,797 $526 $1,343,764 1,945 $691 -24%

Fairfax $625,587 1,662 $376 $878,400 1,680 $523 -28%

Greenbrae $1,183,544 2,310 $512 $1,327,166 2,312 $574 -11%

Kentf ield $2,104,209 3,205 $657 $2,460,331 3,103 $793 -17%

Larkspur $1,196,162 2,186 $547 $1,582,633 2,085 $759 -28%

Mill Valley $1,217,333 2,246 $542 $1,491,219 2,158 $691 -22%

Novato $620,906 2,232 $278 $886,020 2,188 $405 -31%

Ross $2,279,002 2,971 $767 $3,282,336 3,503 $937 -18%

San Anselmo $948,796 2,178 $442 $1,265,911 2,257 $561 -21%

San Rafael $738,224 2,059 $359 $1,015,700 2,077 $489 -27%

Sausalito $1,473,051 2,311 $637 $1,809,325 2,320 $780 -18%

Tiburon $1,895,003 2,843 $667 $2,561,574 2,968 $863 -23%

West Marin** $602,870 1,856 $325 $994,256 1,977 $503 -35%

Marin $1,010,332 2,218 $456 $1,364,940 2,230 $612 -26%Data from BAREIS MLS * Bolinas, Muir Beach, Sti nson Beach ** Forest Knolls, Inverness, Lagunitas, Nicasio, Olema, Pt. Reyes Stati on, San Geronimo and Woodacre

Home Sales by Area Compared to Peak – 2012 Annual ReportMarin Single Family Homes

Page 8: 2012 Marin Market Report

Decker Bullock Sotheby’s International Realty specializes in selling the highest priced homes in Marin and represents clients at all price points to achieve the highest price for their house.

MARIN SALES BY PRICE POINT

8 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Price Range No. Sold DOM Price Range No. Sold DOM

Under $499,000 405 124 $3,000,000 thru $3,249,999 14 160

$3,250,000 thru $3,499,999 6 168

$500,000 thru $549,999 156 100 $3,500,000 thru $3,749,999 7 94

$550,000 thru $599,999 135 84 $3,750,000 thru $3,999,999 6 101

$600,000 thru $649,999 148 89 Subtotal 33 131

$650,000 thru $699,999 137 72

$700,000 thru $749,999 139 74 $4,000,000 thru $4,249,999 7 140

$750,000 thru $799,999 153 72 $4,250,000 thru $4,499,999 5 316

$800,000 thru $849,999 102 72 $4,500,000 thru $4,749,999 5 120

$850,000 thru $899,999 115 62 $4,750,000 thru $4,999,999 1 67

$900,000 thru $949,999 63 61 Subtotal 18 161

$950,000 thru $999,999 65 76

Subtotal 1213 76 $5,000,000 thru $5,999,999 10 237

$6,000,000 thru $6,999,999 4 92

$1,000,000 thru $1,249,999 222 75 Subtotal 14 165

$1,250,000 thru $1,499,999 146 82

$1,500,000 thru $1,749,999 107 82 $7,000,000 thru $7,999,999 1 70

$1,750,000 thru $1,999,999 78 72 $8,000,000 thru $8,999,999 1 93

Subtotal 553 78 Subtotal 2 82

$2,000,000 thru $2,249,999 42 73 $10,000,000 or More 1* 2

$2,250,000 thru $2,499,999 36 44

$2,500,000 thru $2,749,999 35 79 Total All Price Points 2366 85

$2,750,000 thru $2,999,999 14 92

Subtotal 127 72

Data from BAREIS MLS *$11,500,000 IN ROSS, SOLD BY DECKER BULLOCK SOTHEBY’S INTERNATIONAL REALTY

Home Sales and Market Activity by Price PointMarin Single Family Homes – 2012 Annual Report

Page 9: 2012 Marin Market Report

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 9

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REPRESENTING THE FINEST HOMES IN MARIN

AVERAGE PRICE SOLD Marin County by Brokerage (Listing Side)

Representing Sellers

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

$1,600,000

$1,800,000

$2,000,000

DeckerBullock

SIR

FirstMarinRealty

PacificUnion

AlainPinel

FrankHoward

Allen

McGuireRE

ColdwellBanker

RE

Bradley RE

ReMaxGold

$1,9

58,7

00

$1,3

01,1

00

$1,1

87,5

00

$960

,500

$943

,800

$801

,500

$676

,100

$569

,100$8

05,9

00

Twelve months of data from BAREIS MLS, as of March 2012

Decker Bullock Sotheby’s international Realty Ranked #1 for Home Sales

Page 10: 2012 Marin Market Report

Belvedere has the highest income in the United States for cities with a population over 1,000. Decker Bullock Sotheby’s International Re-alty is the premier fi rm in the Belvedere and Tiburon location and sold the highest priced home in 2012 at $6,700,000 in addition to participating in the sale of 80% of the highest priced homes in Bel-vedere. Decker Bullock Sotheby’s International Realty also sold the highest priced home in Tiburon at $7,000,000, in addition to selling the highest priced homes in Ross which was also the highest priced sale in Marin at $11,500,000.

B E LV E D E R E

10 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in BelvedereNumber of Single Family Homes Sold: 35

Change in Units Sold from Last Year: 6%

Minimum Price Sold: $1,620,000

Average Price Sold: $3,037,176

Change In Average Price from Last Year: 18%

Maximum Price Sold: $6,700,000

Price per Sq. Ft. for Homes Sold: $902

Change in Value from the Peak: -21%

Page 11: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Belvedere Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

20

40

60

80

100

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

33322323

313138

3337 36

Average Sales Price of Units Sold in the Last Ten Years Belvedere Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

$0

$600,000

$1,200,000

$1,800,000

$2,400,000

$3,000,000

$3,600,000

$4,200,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$2,5

76,4

24

$3,1

64,8

02

$3,1

66,9

57$4,1

32,1

93

$3,8

80,9

03

$3,0

82,2

90

$2,8

06,0

76

$2,7

02,4

55

$2,0

39,4

71 $2,9

96,2

82

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 11

Page 12: 2012 Marin Market Report

The “Hidden Jewel of Marin County,” as the beautiful town of Corte Madera is often referred to, is a perfect balance between rural and urban living. Our agents are some of the most experi-enced in the Corte Madera/Larkspur area. They were involved in 7 of the highest priced sales in Corte Madera in 2012.

C O RT E M A D E R A

12 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in Corte MaderaNumber of Single Family Homes Sold: 88

Change in Units Sold from Last Year: -6%

Minimum Price Sold: $415,000

Average Price Sold: $944,437

Change In Average Price from Last Year: 7%

Maximum Price Sold: $3,200,000

Price per Sq. Ft. for Homes Sold: $526

Change in Value from the Peak: -24%

Page 13: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Corte Madera Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

20

40

60

80

100

120

140

160

180

200

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

120

99

67

90

116107

135137129107

Average Sales Price of Units Sold in the Last Ten Years Corte Madera Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000

$1,200,000

$1,300,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$778

,070

$89

6,39

0

$89

9,93

5

$1,1

33,8

13

$1,2

14,4

31

$996

,939

$1,0

20,0

82

$84

6,06

0

$703

,595

$85

3,87

7

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 13

Page 14: 2012 Marin Market Report

In fact, in the national issue of Men’s Journal of Health, Fairfax ranks in the “Top 50 Places to Live.” Decker Bullock Sotheby’s International Realty assists sellers in reaching the largest market and getting the highest price for their property.

FA I R FA X

14 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in FairfaxNumber of Single Family Homes Sold: 70

Change in Units Sold from Last Year: -8%

Minimum Price Sold: $200,000

Average Price Sold: $625,587

Change In Average Price from Last Year: 6%

Maximum Price Sold: $1,639,900

Price per Sq. Ft. for Homes Sold: $376

Change in Value from the Peak: -28%

Page 15: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Fairfax Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

20

40

60

80

100

120

140

160

180

200

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

82806665

758696

129121

76

Average Sales Price of Units Sold in the Last Ten Years Fairfax Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$562

,177

$63

7,54

1

$66

4,03

8

$733

,626

$84

1,83

7

$788

,716

$81

5,30

5

$69

6,97

0

$60

7,86

4

$60

2,83

0

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 15

Page 16: 2012 Marin Market Report

Greenbrae is a small community situated in the heart of beautiful Marin County. Greenbrae has been one of the hottest markets in Marin throughout 2012. Decker Bullock Sotheby’s International Realty has top agents that specialize in the Greenbrae market.

G R E E N B R A E

16 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in GreenbraeNumber of Single Family Homes Sold: 48

Change in Units Sold from Last Year: 0%

Minimum Price Sold: $519,000

Average Price Sold: $1,183,544

Change In Average Price from Last Year: 3%

Maximum Price Sold: $2,600,000

Price per Sq. Ft. for Homes Sold: $512

Change in Value from the Peak: -11%

Page 17: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Greenbrae Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

20

40

60

80

100

120

140

160

180

200

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

9589

6460

95

729195

113

85

Average Sales Price of Units Sold in the Last Ten Years Greenbrae Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000

$1,200,000

$1,300,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$776

,760

$88

0,91

4

$89

2,53

4

$966

,623

$1,0

52,2

36

$960

,365

$1,0

33,6

18

$85

5,92

9

$755

,866

$85

4,59

2

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 17

Page 18: 2012 Marin Market Report

Kentfi eld is located in the heart of Marin and has become one of the most sought after locales in 2012 due to the nationally renowned schools. Decker Bullock Sotheby’s International Realty represented both the Buyer and Seller of the highest priced sale in the Ross Valley, which includes Kentfi eld.

K E N T F I E L D

18 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in Kentfi eldNumber of Single Family Homes Sold: 66

Change in Units Sold from Last Year: 5%

Minimum Price Sold: $440,000

Average Price Sold: $2,104,209

Change In Average Price from Last Year: -1%

Maximum Price Sold: $8,400,000

Price per Sq. Ft. for Homes Sold: $657

Change in Value from the Peak: -17%

Page 19: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Kentfield Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

20

40

60

80

100

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

6265

3945

77

55

68

82

70 68

Average Sales Price of Units Sold in the Last Ten Years Kentfield Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$2,0

46,8

77

$1,8

34,0

70

$2,1

38,5

87

$2,1

69,8

22

$2,4

27,8

72

$1,6

16,2

45$2,1

83,9

63

$1,7

61,9

24

$1,6

82,5

19

$2,0

58,4

97

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 19

Page 20: 2012 Marin Market Report

Larkspur’s downtown, between the Lark Theater and the Lark Creek Inn, has been designated as a state and city historic district and is offi cially listed on the National Register of Historic Places. Our agents are some of the most experienced in the Corte Madera/Larkspur area. They were involved in 7 of the highest priced sales in Corte Madera in 2012.

L A R K S P U R

20 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in LarkspurNumber of Single Family Homes Sold: 82

Change in Units Sold from Last Year: 58%

Minimum Price Sold: $380,000

Average Price Sold: $1,196,162

Change In Average Price from Last Year: -4%

Maximum Price Sold: $2,600,000

Price per Sq. Ft. for Homes Sold: $547

Change in Value from the Peak: -28%

Page 21: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Larkspur Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

20

40

60

80

100

120

140

160

180

200

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

626851

62687386

10787 97

Average Sales Price of Units Sold in the Last Ten Years Larkspur Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$1,0

98,9

11

$1,0

78,4

63

$1,1

26,1

96

$1,3

26,9

39

$1,3

01,4

32

$1,2

89,4

08

$1,3

10,7

44

$1,0

50,5

29

$990

,931

$1,0

70,0

71

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 21

Page 22: 2012 Marin Market Report

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. Decker Bullock Sotheby’s International Realty has one of their central offi ces in Mill Valley, and our company participated in 7 of the top 20 sales in 2012. The highest sale price for Mill Valley this year was sold for $4 million.

M I L L VA L L E Y

22 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in Mill ValleyNumber of Single Family Homes Sold: 349

Change in Units Sold from Last Year: 28%

Minimum Price Sold: $200,000

Average Price Sold: $1,217,333

Change In Average Price from Last Year: 5%

Maximum Price Sold: $4,000,000

Price per Sq. Ft. for Homes Sold: $542

Change in Value from the Peak: -22%

Page 23: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Mill Valley Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

50

100

150

200

250

300

350

400

450

500

550

600

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

316287

258256

393419465

586

517

391

Average Sales Price of Units Sold in the Last Ten Years Mill Valley Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$300,000

$600,000

$900,000

$1,200,000

$1,500,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$1,0

81,2

01

$1,1

59,8

01

$1,11

0,63

6

$1,3

97,11

6

$1,4

00,5

26

$1,3

17,5

04

$1,2

45,9

78

$1,0

96,0

15

$992

,521

$1,1

45,0

67

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 23

Page 24: 2012 Marin Market Report

The city of Novato is the northernmost city in Marin. It is a gate-way to 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. The highest priced home sold was $2.4 million.

N OVATO

24 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in NovatoNumber of Single Family Homes Sold: 558

Change in Units Sold from Last Year: 35%

Minimum Price Sold: $144,900

Average Price Sold: $620,906

Change In Average Price from Last Year: 9%

Maximum Price Sold: $2,400,000

Price per Sq. Ft. for Homes Sold: $278

Change in Value from the Peak: -31%

Page 25: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Novato Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

100

200

300

400

500

600

700

800

900

1000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

610571

610563

496

750

925968

923

759

Average Sales Price of Units Sold in the Last Ten Years Novato Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$469

,387

$530

,849

$531

,102

$598

,367$7

57,8

15

$781

,676

$772

,222

$66

7,55

4

$567

,442

$526

,319

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 25

Page 26: 2012 Marin Market Report

Ross is an exclusive enclave of expansive estates, originally built by wealthy San Franciscans as holiday homes. Decker Bullock Sotheby’s International Realty represented both the Buyer and Seller of the highest priced sale in Ross, and in Marin, for 2012. The property sold for $11,500,000.

RO S S

26 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in RossNumber of Single Family Homes Sold: 42

Change in Units Sold from Last Year: 59%

Minimum Price Sold: $656,800

Average Price Sold: $2,279,002

Change In Average Price from Last Year: -17%

Maximum Price Sold: $11,500,000

Price per Sq. Ft. for Homes Sold: $767

Change in Value from the Peak: -18%

Page 27: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Ross Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

20

40

60

80

100

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

2720

352829

343728

3642

Average Sales Price of Units Sold in the Last Ten Years Ross Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$2,8

77,7

14

$2,9

68,3

29

$2,2

70,4

80$3,1

81,4

46

$3,2

82,3

36

$2,7

10,8

38

$2,7

86,11

6

$2,1

59,3

74

$1,7

71,1

37

$2,2

79,0

02

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 27

Page 28: 2012 Marin Market Report

Sunset Magazine named San Anselmo the “Best in the West” for antique shopping. The town is at the hub of central Marin. Decker Bullock Sotheby’s International Realty sold the highest priced home in San Anselmo in 2012, at $3 million.

S A N A N S E L M O

28 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in San AnselmoNumber of Single Family Homes Sold: 197

Change in Units Sold from Last Year: 52%

Minimum Price Sold: $300,000

Average Price Sold: $948,796

Change In Average Price from Last Year: 7%

Maximum Price Sold: $3,000,000

Price per Sq. Ft. for Homes Sold: $442

Change in Value from the Peak: -21%

Page 29: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years San Anselmo Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

50

100

150

200

250

300

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

140152

201230 230

213

166179

115137

Average Sales Price of Units Sold in the Last Ten Years San Anselmo Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000

$1,200,000

$1,300,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$85

6,98

3

$83

0,75

5

$83

6,29

7

$1,2

40,1

40

$1,0

56,2

71

$1,0

70,4

96

$1,0

43,7

18

$912

,110

$793

,275

$936

,948

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 29

Page 30: 2012 Marin Market Report

San Rafael is centrally located in beautiful Marin County. It is the county seat, as well as the oldest, largest, and most cultur-ally diverse city in Marin. Decker Bullock Sotheby’s International Realty was involved in 6 out of the 14 highest priced sales in San Rafael in 2012.

S A N R A FA E L

30 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in San RafaelNumber of Single Family Homes Sold: 502

Change in Units Sold from Last Year: 16%

Minimum Price Sold: $260,000

Average Price Sold: $738,224

Change In Average Price from Last Year: 1%

Maximum Price Sold: $4,000,000

Price per Sq. Ft. for Homes Sold: $359

Change in Value from the Peak: -27%

Page 31: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years San Rafael Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

100

200

300

400

500

600

700

800

900

1000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

603650

565488

562

669764

854857

695

Average Sales Price of Units Sold in the Last Ten Years San Rafael Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$61

9,82

5

$62

5,29

8

$63

9,33

8

$790

,044

$905

,599

$88

4,13

6

$88

0,76

1

$755

,721

$61

5,00

0

$62

2,12

7

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 31

Page 32: 2012 Marin Market Report

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 sky-line of San Francisco. Decker Bullock Sotheby’s International Realty has two offi ces in Sausalito and offers access to the top Sausalito agents. Our fi rm participated in 8 sides of the top 16 transactions in Sausalito.

S AU S A L I TO

32 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in SausalitoNumber of Single Family Homes Sold: 59

Change in Units Sold from Last Year: -14%

Minimum Price Sold: $370,000

Average Price Sold: $1,473,051

Change In Average Price from Last Year: 11%

Maximum Price Sold: $5,930,000

Price per Sq. Ft. for Homes Sold: $637

Change in Value from the Peak: -18%

Page 33: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Sausalito Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

40

60

80

100

120

140

160

180

200

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

115

907674

113116

168185

154

129

Average Sales Price of Units Sold in the Last Ten Years Sausalito Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$1,0

63,0

63

$1,11

3,34

0

$942

,556$1

,296

,701

$1,3

09,3

83

$1,2

49,4

54

$1,0

35,7

93

$959

,299

$89

4,69

6

$943

,617

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 33

Page 34: 2012 Marin Market Report

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 fi rm in Tiburon with more transaction sides of the highest priced homes sold in Tiburon than any other company. Decker Bullock Sotheby’s International Realty sold the highest priced home in Tiburon at $7,000,000, in addition to selling the highest priced homes in Belvedere, and Ross which was also the highest priced sale in Marin at $11,500,000.

T I B U RO N

34 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in TiburonNumber of Single Family Homes Sold: 123

Change in Units Sold from Last Year: 24%

Minimum Price Sold: $549,900

Average Price Sold: $1,895,003

Change In Average Price from Last Year: 3%

Maximum Price Sold: $7,000,000

Price per Sq. Ft. for Homes Sold: $667

Change in Value from the Peak: -23%

Page 35: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Tiburon Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

20

40

60

80

100

120

140

160

180

200

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

133122

81

116

168

142

171188

176159

Average Sales Price of Units Sold in the Last Ten Years Tiburon Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS

0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$1,5

77,8

71

$1,9

51,7

70

$1,9

48,8

30

$2,0

21,7

14

$2,2

07,8

19

$1,9

76,5

50

$1,9

90,5

14

$1,6

69,5

61

$1,5

00,5

65

$1,6

52,3

34

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 35

Page 36: 2012 Marin Market Report

Our West Marin data includes Forest Knolls, Inverness, Lagunitas, Nicasio, Olema, Pt. Reyes Station, San Geronimo and Woodacre. Decker Bullock Sotheby’s International Realty offers some of the fi nest estate homes and ranches available in West Marin.

W E S T M A R I N

36 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in West MarinNumber of Single Family Homes Sold: 72

Change in Units Sold from Last Year: 24%

Minimum Price Sold: $77,500

Average Price Sold: $602,870

Change In Average Price from Last Year: -10%

Maximum Price Sold: $1,850,000

Price per Sq. Ft. for Homes Sold: $325

Change in Value from the Peak: -35%

Page 37: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Other Marin/Unincorporated Areas Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS. Includes Beach Cities, West Marin Cities, and other unincorporated areas of Marin.

0

20

40

60

80

100

120

140

160

180

200

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

9398

42

96105

123

148142133

85

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 137

Average Sales Price of Units Sold in the Last Ten Years Other Marin/Unincorporated Areas Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS. Includes Beach Cities, West Marin Cities, and other unincorporated areas of Marin.

0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000

$1,200,000

$1,300,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$704

,342

$87

8,23

2

$88

6,72

3$1,17

9,16

7

$1,2

24,9

60

$1,2

53,8

50

$1,2

23,3

67

$1,11

8,51

0

$85

6,86

7

$66

0,48

8

Page 38: 2012 Marin Market Report

The Beach Cities include Bolinas, Muir Beach and Stinson Beach. At Decker Bullock Sotheby’s International Realty, our agents have experience selling the highest priced homes in Stinson Beach. The beach cities have enjoyed the highest rate of recovery.

B E AC H C I T I E S

38 | Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County

Single Family Homes in Beach CitiesNumber of Single Family Homes Sold: 50

Change in Units Sold from Last Year: 200%

Minimum Price Sold: $244,000

Average Price Sold: $1,204,381

Change In Average Price from Last Year: -24%

Maximum Price Sold: $6,200,000

Price per Sq. Ft. for Homes Sold: $769

Change in Value from the Peak: -4%

Page 39: 2012 Marin Market Report

Number of Units Sold in the Last Ten Years Other Marin/Unincorporated Areas Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS. Includes Beach Cities, West Marin Cities, and other unincorporated areas of Marin.

0

20

40

60

80

100

120

140

160

180

200

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

9398

42

96105

123

148142133

85

Decker Bullock Sotheby’s International Realty | 2012 Annual Market Report | Marin County | 39

Average Sales Price of Units Sold in the Last Ten Years Other Marin/Unincorporated Areas Single Family Homes & Condos / 2003–2012

Data from BAREIS MLS. Includes Beach Cities, West Marin Cities, and other unincorporated areas of Marin.

0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000

$1,200,000

$1,300,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$704

,342

$87

8,23

2

$88

6,72

3$1,17

9,16

7

$1,2

24,9

60

$1,2

53,8

50

$1,2

23,3

67

$1,11

8,51

0

$85

6,86

7

$66

0,48

8

Page 40: 2012 Marin Market Report

Corey Graham415.971.0167

[email protected] # 01262327

Presented by

Southern Marin Offi ce

100 Tiburon Blvd.

Mill Valley, CA 94941

415.381.7300

Sausalito Offi ce

211 Second St.

Sausalito, CA 94965

415.331.9000

Ross Valley Offi ce

189 Sir Francis Drake Blvd.

Greenbrae, CA 94904

415.461.7200

Belvedere - Tiburon Offi ce

1620 Tiburon Blvd.

Tiburon, CA 94920

415.435.0700