2013 marin county market report kevin mcginnis

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MARIN MARKET REPORT presented by Kevin McGinnis

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

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  • MARINM A R K E T R E P O R T

    presented byKevin McGinnis

  • 2 | Decker Bullock Sothebys International Realty

  • 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 Sothebys 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 Sothebys 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 1900s

    to stabilize soil for railroad construction.

    2013 Marin County Annual Market Report | 3

    Kevin McGinnis [email protected]

    www.besthomesmarin.com

  • 4 | Decker Bullock Sothebys International Realty

    INDEX 20 - Corte Madera22 - 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

  • 2013 Marin County Annual Market Report | 5

    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

  • 6 | Decker Bullock Sothebys International Realty

    MARIN COUNTY SALES 2013

  • 2013 Marin County Annual Market Report | 7

    MARIN COUNTY SALES 2013

  • 8 | Decker Bullock Sothebys International Realty

    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 1985 $250,0001965 / $30,710 67 Corvette Stingray 427MSRP started at $5,000 Van Goghs Irisessells at auction for $53.9MApple, 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.

  • 2013 Marin County Annual Market Report | 9

    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

    1965

    1978

    1999

    2005

    2007

    2009

    2010

    2011

    2012

    2013

    SFH & CONDO COMBINED SALES PR ICES - 1965 -2013

    Closing Annual Gold Price

    $272.65

    21+22+24+28+34+38+37+36+38+39 40+41+42+44+50+58+71+76+78+9919+20+35+19+7+10+7+17

    1995

    $1,

    200,

    000

    $50

    0,00

    0

    2 005

    2007PEAK

    20

    13

    / $

    1,04

    0,03

    9

    Data from BAREIS MLS

  • 10 | Decker Bullock Sothebys International Realty

    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.

    42+41+40+45+53+51+54+49+41+40+38+39+452001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013$ 600$500$400$300$200$1000 MEDIAN PRICE PER SQ. FT. COMPARED TO PEAKMARIN COUNTY SINGLE FAMILY HOMES

  • 2013 Marin County Annual Market Report | 11

    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 dont

    wait, economists are predicting that prices and inter-

    est rates will continue to trend upwards in 2014!

  • 12 | Decker Bullock Sothebys International Realty

    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.

    12 | Decker Bullock Sothebys International Realty

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

    MARIN $500K - $1M$2M - $3M

    $3M - $4M

    $3M - $4M

    $4M+

    < $500K

    $1M

    - $2M

  • 2013 Marin County Annual Market Report | 13

    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

    52

    $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

    25

    $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

  • 14 | Decker Bullock Sothebys International Realty

    MARIN SCHOOLSSETTING THE B AR FOR C AL IFORNIA SCHOOLS

    14 | Decker Bullock Sothebys International Realty

    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

  • 2013 Marin County Annual Market Report | 15

    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 MiddleBelvedere - Tiburon

    10 Hall MiddleLarkspur

    White Hill Middle

    Fairfax10

    Sinaloa Middle

    Novato8

    Kent Middle

    Kentf ield10

    Miller Creek Middle

    San Rafael10

    Nicasio

    Nicasio8

    San Ramon Elementary

    Novato8Ross Elementary

    Ross10Brookside Elementary

    San Anselmo10Brookside Upper

    San Anselmo10Dixie Elementary

    San Rafael10Mary E. Silveria Elementary

    San Rafael9Vallecito Elementary

    San Rafael9Coleman Elementary

    San Rafael8

    Glenwood Elementary

    San Rafael9

    10 Bel Aire ElementaryBelvedere - Tiburon

    Sun Valley Elementary

    San Rafael9

    10 Reed ElementaryBelvedere - 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 HighLarkspur

    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

  • 16 | Decker Bullock Sothebys International Realty

    MARIN SALES - C ITY DATA 2013

  • 2013 Marin County Annual Market Report | 17

    MARIN SALES - C ITY DATA 2013

  • 18 | Decker Bullock Sothebys International Realty

    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 Sothebys 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 Sothebys 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+36302

    00

    4

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    07

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    3 338

    31 31

    23 23

    32 3336

    31

    # 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

  • 2013 Marin County Annual Market Report | 19 2013 Marin County Annual Market Report | 19

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

  • 20 | Decker Bullock Sothebys International Realty20 | Decker Bullock Sothebys International Realty

  • 2013 Marin County Annual Market Report | 21

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

    CORTE MADERA SFH / CONDOS

    20

    04

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    1 37 135

    107116

    90

    67

    99120

    107

    135

    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

  • 22 | Decker Bullock Sothebys International Realty

    20

    04

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    50+38+32+28+22+23+31+31+28+42129 96 86 75 65 66 80 82 76 103# 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

  • 2013 Marin County Annual Market Report | 23 2013 Marin County Annual Market Report | 23

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

  • 24 | Decker Bullock Sothebys International Realty24 | Decker Bullock Sothebys International Realty

  • 2013 Marin County Annual Market Report | 25

    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 Countys 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

    20

    04

    20

    05

    20

    06

    20

    07

    20

    08

    20

    09

    20

    10

    20

    11

    20

    12

    20

    13

    9 19572

    9560 64

    89 95 85 84

    $854 , 592$996 , 749

    29+41+39+42+32+28+27+24+26+392004200520062007200820092010201120122013

    $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

  • 26 | Decker Bullock Sothebys International Realty

    # 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.

    82+68+55+77+45+39+65+62+68+85

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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

    8268

    55

    77

    45 39

    65 62 6881

  • 2013 Marin County Annual Market Report | 27

  • 28 | Decker Bullock Sothebys International Realty

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

  • 2013 Marin County Annual Market Report | 29

    # 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

    87+66+53+48+42+31+48+42+77+61

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    1 0786

    73 68 6251

    68 62

    9780

    # OF UNITS SOLD IN LAST 10 YEARSLARKSPUR SFH / CONDOS

    LARKSPUR

    Larkspurs 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.

    2004200520062007200820092010201120122013

    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

  • 30 | Decker Bullock Sothebys 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 287316

    391 419

    # 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

  • 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.

  • 32 | Decker Bullock Sothebys International Realty

  • 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

    96+92+75+49+56+61+57+61+76+71

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    # OF UNITS SOLD IN LAST 10 YEARSNOVATO SFH & CONDOS

    968 925750

    496 563610 571 610

    759 712

    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

  • 34 | Decker Bullock Sothebys 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 Sothebys 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

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

  • 36 | Decker Bullock Sothebys International Realty36 | Decker Bullock Sothebys International Realty

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

  • 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 Sothebys 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 137152 140

    201242

    # 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

  • 38 | Decker Bullock Sothebys 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 Sothebys 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

    85+76+66+56+48+56+65+60+69+75

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    8 54669

    488650 695

    764562 565 603

    758

    # 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

  • 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.

  • 40 | Decker Bullock Sothebys International Realty

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

  • 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

    85+68+48+47+28+29+40+47+52+62

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    1 85 168

    116 11374 76

    90 115129

    140

    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.

    56+63+85+90+89+54+71+66+54+78

    2004200520062007200820092010201120122013

    $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

  • 42 | Decker Bullock Sothebys 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 Sothebys 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

    94+85+71+84+58+40+61+66+79+81

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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

  • 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.

  • 44 | Decker Bullock Sothebys International Realty44 | Decker Bullock Sothebys International Realty

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

  • 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 Sothebys 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.

    91+92+95+92+92+64+61+40+36+56

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    2013

    $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

  • 46 | Decker Bullock Sothebys 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 Sothebys 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

  • 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.

  • 48 | Decker Bullock Sothebys 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%

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

  • 50 | Decker Bullock Sothebys International Realty50 | Decker Bullock Sothebys International Realty

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

  • 2013 Marin County Annual Market Report | 51

    WINE COUNTRY

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

    2005

    2006

    2007

    2008

    2009

    2010

    2011

    2012

    2013

    $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

    2004

    2005

    2006

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    2009

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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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    7 6728344

    5206

    40054929

    54735060 5394

    61275582

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

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    1 7791697

    1271952 1035

    1297 13421440

    1648

    1507

    # 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

  • 52 | Decker Bullock Sothebys 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

  • 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.

  • 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 Sothebys International Realty preferred lender

    Gina [email protected] # 291780