buyer's guide
DESCRIPTION
An analysis of Wine Country Real EstateTRANSCRIPT
& Buyer’s Guide 2014
Full Spectrum
2
Full Spectrum 338 Healdsburg Ave.
HEALDSBURG , CA 95448 707.433.2000
tel: 877.630.7732
tel: 707.799.6032
Dianne
Bob
& Dianne Vernon
Bob Pennypacker
Because Confidence is Earned
Speaking the Language of Luxury Real Estate—Fluently
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W ith backgrounds in architecture, corporate sales, marketing, and home building,
Bob and Dianne bring a unique perspective to their work as real estate
professionals...and they love every minute of it. When you meet them, you can just
feel their passion for homes and for helping people with their real estate vision. They
feel it is a privilege to be invited into your life to help with such an important decision.
Ready to turn your ideas into reality? Contact Bob or Dianne, and they’ll help guide
you on your real estate journey.
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Welcome to Healdsburg
H ealdsburg is a small and wonderfully diverse real estate market where home ownership spreads over a wide financial realm. In other words, there is something for everyone! Although our beautiful town has grown to be a sought after “destination” it is simply not true that home ownership in Healdsburg is restricted to the wealthy. Bob and Dianne have taken on the Healdsburg statistics – as well as surrounding environs- to help bring to light an accurate homebuyer’s price scenario. We have stratified the homes into segments depending on your neighborhood preferences.
Healdsburg and Vicinity 2009 2010 2011 2012 2013 2013 deviance from max/
min
Average Home Area (SF) 1,842 1,884 1,948 1,878 1,881
Sales Volume (units) 149 167 176 233 215 44%
DOM 164 161 143 139 113 -31%
$/sf 376.07 441.88 347.86 362.50 437.52 16%
AverageSales Price 739,102 837,389 711,731 785,030 883,156 24%
Highest 5,750,000 6,750,000 9,200,000 8,400,000 7,200,000
Lowest 105,700 55,000 121,000 148,000 165,000
Sales Volume ($) 110,126,261 139,843,908 125,264,680 182,912,088 189,878,476 72%
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bother even looking for a home. The truth is, there are plenty of homes to choose from and with a creative real estate professional leading the way, you will find the property that you desire. In reviewing recent past years’ real estate sales statistics, Bob and Dianne noticed a significant spread between the minimum and maximum price of homes sold in the Healdsburg real estate market. Our goal is to de-mystify these statistics and find you a home in a desirable neighborhood at a price point that works for your budget.
Very few conclusions can be drawn from the statistics illustrated below other than we have a strong real estate market in Healdsburg and we are recovering nicely from the mortgage crisis in 2007. Prices have risen 24% as compared to five years ago, the relative number of homes sold has gone up accordingly and the time a property is on the market (days on market-DOM) is down. This tells us that buyers are anxious to purchase and move into their homes without delay! It is important to note that the "word on the street" is that there is no inventory so why
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The Healdsburg Real Estate Market
Starter Homes
It is important to note that the number of homes being sold in this category has continued to rise.
There are more starter homes be-ing built in Healdsburg due to the increase of buyers
The prices have climbed in the last couple of years but have not gone out of reach
Of the 51 starter homes that were sold in 2013, 42 of those were un-der $500,000!
Starter Homes (up to 1,500 sf on lots smaller
than 8,000 sf) 2009 2010 2011 2012 2013
2013 deviance from max/min
Average Home Area (SF) 1,140 1,229 1,221 1,229 1,258
Average Lot Area (SF) 5,019 5,422 5,316 5,112 4,906
Sales Volume (units) 39 58 57 65 51 31%
DOM 139 149 108 87 60 -60%
$/sf 317.70 284.26 274.39 287.38 341.47 24%
AverageSales Price 358,615 352,804 330,403 339,803 415,437 26%
Highest 525,000 799,000 730,000 590,000 900,000
Lowest 170,000 113,000 121,000 148,000 225,000
Sales Volume ($) 13,986,000 20,462,623 18,832,985 22,087,190 21,187,290 51%
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Mezzo Market
Mezzo Market Homes (1,500-2,100 sf on up to 5
acres) 2009 2010 2011 2012 2013
2013 deviance from max/
min
Average Home Area (SF) 1,789 1,747 1,701 1,737 1,777
Average Lot Area (acres) 0.50 0.72 0.50 0.62 0.52
Sales Volume (units) 58 37 55 80 54 -7%
DOM 180 151 121 139 105 -14%
$/sf 314.15 316.18 271.11 306.56 351.51 16%
Sales Price 566,617 551,559 494,494 550,943 645,857 24%
Highest 1,325,000 1,050,000 1,225,000 1,600,000 2,000,000
Lowest 160,000 280,000 175,000 178,000 221,921
Sales Volume ($) 32,863,780 20,407,685 27,197,158 44,075,409 34,876,271 71%
The mid-range or Mezzo Level homes have sold steadily, increasing in volume since 2010.
This level of home was least impacted by the mortgage crisis as the buyers that would normally be “moving up” stayed in their starter homes as did the Mezzo range homeowners until the crisis abated. Therefore the activity in these two categories of homes was much lower until 2010 and beyond.
This category serves a very large group in Healdsburg as do the starter homes belying the notion of “restricted to the wealthy”
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The Healdsburg Real Estate Market Downtown
T
housands of years ago, this beautiful, lush area called Healdsburg was home to the Pomo Indians. These early residents built their village in the open, fertile valleys along the Russian River. They hunted the elk, bears, and mountain lions that roamed the dense oak and madrone forests along the meandering river. Occasional visits of European sailing vessels on the California Coast from the 1500's to early 1800's had little impact on the area. The mid-1800's, however, brought new settlers.
The Russians built Fort Ross on the coast, and the Mexican government established the vast 48,000-acre Rancho Sotoyome. This enormous land grant was awarded to sea captain Henry Delano Fitch in 1841 ( Fitch Mountain was named in his honor).
Fitch promptly hired trapper Cyrus Alexander to manage his bountiful Fitch rancho (the magnificent Alexander
Valley is named for this early tenant). The California gold rush of 1849 brought itinerants, squatters, and failed miners to the more generous farming land here.
Over the years, these squatters settled on the verdant land owned by the family. In 1857, a fight named the "Westside Road Wars" commenced among the squatters. One of the winners of this colorful conflict was Harmon Heald, an Ohio entrepreneur. In a stroke of inspiration, Harmon Heald mapped out a large, Spanish style plaza* for the center of the town in 1857. Today that plaza is still the hub of all activity in the area, 152 years later!
Downtown Sales 2009 2010 2011 2012 2013 2013 deviance
from max/min
Average Home Area (SF) 1,723 1,658 1,656 1,770 1,762
Average Lot Area (SF) 6,583 8,367 10,575 9,958 8,517
Sales Volume (units) 33 20 29 33 33 65%
DOM 133 115 127 111 49 -58%
$/sf 368.68 418.67 383.79 424.45 472.12 28%
AverageSales Price 639,197 691,100 634,259 645,930 782,470 23%
Highest 1,325,000 1,850,000 1,265,000 2,500,000 2,100,000
Lowest 335,000 210,000 210,000 290,000 400,000
Sales Volume ($) 21,093,500 13,822,000 18,393,500 21,315,700 25,821,500 87%
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Just about every day a visitor comes in to our offices at the cor-ner of North and Healdsburg Ave-nue. They are enchanted by the "Spanish Style Plaza*", bandstand, charming shops, tasting rooms, and restaurants. They predictably declare: "I would like a home that is walking distance to downtown!"
This is a common goal and some-what challenging to achieve. How-ever, with a bit of patience, a ready bank account statement, pre-authorization from your lender, and ability to move quickly when the time comes, a "walk to the Plaza home" could be yours!
In reflecting on the statistics be-low you will find that the volume of sales is steady and the prices continue to rise. This is all the more reason to act quickly when a home that works for you comes available! In addition many of the homes purchased near the Plaza are considered "Land Value" meaning they will be torn down and replaced with a larger home.
Bob and Dianne have been very successful in securing these prop-erties for their clients. Experience, creativity and long standing trusted relationships are the keys.
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The Healdsburg Real Estate Market
The River and Fitch Mountain
The River and Fitch Moun-tain
2009 2010 2011 2012 2013 2013 deviance from max/min
Average Home Area (SF) 952 1,260 1,263 1,087 1,309
Average Lot Area (acres) 0.78 0.19 0.34 0.19 0.20
Sales Volume (units) 6 7 10 13 9 50%
DOM 101 162 83 106 64 -36%
$/sf 354.21 334.35 360.22 389.81 370.93 11%
Sales Price 342,600 413,129 422,397 401,788 489,000 43%
Highest 659,000 680,000 885,000 765,000 900,000
Lowest 170,000 213,000 121,000 148,000 165,000
Sales Volume ($) 2,189,000 2,891,900 4,223,967 5,223,250 4,401,000 101%
dead ended at Camp Rose, was eventually extended by 1935 to reach all the way around the impassable “wilds” of Fitch Mountain, opening up riverfront lots for the building of summer cabins, most frequently by residents of San Francisco, and thereabouts, wanting a restful vacation home away from the city.
drive all the way to the river, to the spot where a physician named Rose established a resort he named, “Camp Rose”, and this region’s Russian River Resort era began, bringing tourists and locals alike to the beach resort for summer swimming and boating, meals and lodging.
The road from Healdsburg, which
A nother neighborhood that is very eclectic and charming is the Fitch Mountain/Russian River community.
In the 1920’s a road was extended from Healdsburg’s plaza eastward several miles, opening up a roadway that allowed people to
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Fitch Mountain
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The Healdsburg Luxury Real Estate Market
$1,000,000-$2,000,000
T his market is among the most diverse in Healdsburg. Properties range from elegant in-town villas to country properties on a few acres. The entry level luxury market continues its strong comeback from the housing crisis. Sales volumes have doubled from their lows in 2009 and 2011; on average, prices are up 22% from their low point, and homes are selling faster.
Properties valued be-tween $1,000,000 and
$2,000,000 2009 2010 2011 2012 2013
2013 deviance from max/
min
Average Home Area (SF) 2,759 2,922 2,533 2,724 2,454 -11%
Average Lot Area (SF) 7.87 3.74 10.12 6.69 6.62 -35%
Sales Volume (units) 18 24 18 25 34 89%
DOM 173 211 168 164 125 -26%
$/sf 550.15 482.47 563.17 608.63 613.35 27%
AverageSales Price 1,360,722 1,396,042 1,168,944 1,448,800 1,427,294 22%
Sales Volume ($) 24,493,000 33,505,000 21,041,000 36,220,000 48,528,000 131%
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Estates $2,000,000 and over
T his market segment consists of big land, grand homes and exclusivity. These properties’ values are on the ascent. In this distinctive sector each property is unique. Therefore direct comparisons are generally not realistic. The relevant statistics to review are the sales volumes which have doubled since 2009.
Properties valued above $2,000,000
2009 2010 2011 2012 2013 2013 deviance from max/min
House area (SF) 3,631 4,311 5,491 4,222 3,251
Lot (Acres) 33.01 74.12 20.70 36.71 15.23
Sales Volume (units) 8 11 9 15 18 125%
DOM 188 149 232 189 176
$/sf 946.03 1,138.64 836.18 1,046.54 840.95
Sales Price 3,245,785 4,076,818 3,788,889 3,824,038 2,888,174
Highest 5,750,000 6,750,000 9,200,000 8,400,000 7,200,000
Sales Volume ($) 25,966,281 44,845,000 34,100,000 57,360,574 51,987,000 100%
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Healdsburg Land Market
Building parcels up to 5 acres
2009 2010 2011 2012 2013 2013 deviance from max/min
Land Area (acres) 0.69 1.12 0.73 0.71 1.01
Sales Volume (units) 7 4 12 7 11
DOM 166 298 490 668 216
$/acre 329,670 288,135 385,718 362,481 661,407 101%
Sales Price 188,500 374,781 191,258 188,407 320,555 70%
Highest 265,000 260,000 425,000 330,000 725,000
Lowest 112,500 61,904 100,000 72,500 27,100
Sales Volume ($) 1,319,500 554,404 2,295,100 1,318,850 3,526,100 167%
T he land market experienced a sharp dip during the financial crisis. During the years of 2007-2010 homes in this area were selling for less than it would cost to build them. Therefore investing, building, or lending on land was greatly reduced. Fast forward! Land is now very much in demand. New homes are appearing where old homes exhibiting deferred maintenance once stood. Thanks to the planning and architectural review departments in the town of Healdsburg the new homes continue to maintain the charm of our historic town.
Land up to 5 acres
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Building parcels more than 5 acres
2009 2010 2011 2012 2013 2013 deviance from max/min
Land Area (acres) 59.38 69.416 105.93 93.26 31.44
Sales Volume (units) 9 10 9 16 13
DOM 265 321 322 349 318
$/acre 57,885 39,750 62,462 53,977 66,595 15%
Highest 171,429 148,000 217,725 106,082 150,330
Lowest 1,275 3,281 2,632 1,525 7,813
Sales Price 1,767,111 776,500 2,105,556 1,147,384 1,234,231
Highest 4,600,000 1,850,000 8,365,000 3,060,000 1,950,000
Lowest 204,000 275,000 210,000 192,500 430,000
Sales Volume ($) 15,904,000 7,765,000 18,950,000 18,358,150 16,045,000
T his segment of the market has been relative stable—prices are slightly on the rise and volume is fairly consistent. These properties tend to have more of commercial base and blah blah blah.
Land more than 5 acres
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Wine Country Market
Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale
Average Home Area (SF) 1,881 1,772 2,023 1,965 1,591 1,349
Sales Volume (units) 215 446 24 38 325 179
DOM 113 71 89 122 85 96
$/sf 437.52 399.70 465.83 529.61 311.77 201.65
AverageSales Price 883,156 777,714 975,592 1,026,155 475,645 383,547
Highest 7,200,000 15,435,000 3,800,000 3,589,000 4,275,000 2,350,000
Lowest 165,000 140,000 355,000 212,000 25,000 99,500
Sales Volume ($) 189,878,476 346,860,494 23,414,200 38,993,890 220,165,653 68,854,828
Market Share ($) 9% 16% 1% 2% 10% 3%
Market Share (units) 6% 13% 1% 1% 9% 5%
B ased in centrally located Healdsburg, Bob and Dianne are well-versed in the real estate markets in both Napa and Sonoma counties. As you consider searching for property in these areas, we hope our Buyers’ Guide will help you understand the nuances and variation in values from locale to locale.
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Santa Rosa
Windsor St. Helena Calistoga Northeast Northwest Southeast Southwest
1,830 1,984 1,975 2,052 1,599 1,891 1,477
338 109 74 710 508 358 217
76 208 160 74 61 68 67
242.78 509.23 478.53 281.91 241.39 286.18 225.72
449,354 1,331,865 928,081 578,461 365,237 540,044 316,438
3,300,000 7,175,000 5,200,000 8,200,000 1,493,000 4,250,000 660,000
127,000 295,000 199,000 128,000 104,000 150,000 110,400
151,881,496 145,173,250 68,677,969 410,707,641 185,540,394 193,335,890 68,667,076
7% 7% 3% 19% 9% 9% 3%
10% 3% 2% 20% 14% 10% 6%
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Wine Country Starter Homes
Starter Homes (up to 1,500 sf on lots smaller
than 8,000 sf)
Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale
Average Home Area (SF) 1,258 1,113 1,253 1,065 1,066 1,181
Average Lot Area (SF) 4,906 5,663 10,890 14,375 4,792 5,750
Sales Volume (units) 51 120 8 11 25 56
DOM 60 54 39 52 93 70
$/sf 341.47 335.86 389.51 378.45 245.99 212.47
AverageSales Price 415,437 365,099 474,775 463,182 268,496 248,281
Highest 900,000 825,000 535,000 765,000 617,000 360,000
Lowest 225,000 140,000 355,000 212,000 40,000 99,500
Sales Volume ($) 21,187,290 43,811,861 3,798,200 5,095,000 6,712,399 13,903,725
Market Share ($) 6% 13% 1% 2% 2% 4%
Market Share (units) 5% 12% 1% 1% 2% 6%
Healdsburg
Sold for $415,000
1,249 Sf
3 BR, 2BA
4,956 sf lot
DOM 23
Healdsburg
St. Helena
Cloverdale
Healdsburg
19
Santa Rosa
Windsor St. Helena Calistoga Northeast Northwest Southeast Southwest
1,201 1,129 1,170 1,176 1,231 1,208 1,215
4,356 6,098 6,098 5,663 5,227 5,663 5,227
72 17 10 196 236 118 91
74 153 39 60 56 58 56
251.37 616.13 362.29 305.61 252.51 273.34 239.53
302,547 680,618 414,950 350,700 308,867 321,910 288,325
427,000 1,040,000 549,500 704,000 410,000 510,000 371,500
127,000 400,000 285,000 128,000 108,000 150,000 167,000
21,783,400 11,570,500 4,149,500 68,737,237 72,892,537 37,985,346 26,237,595
6% 3% 1% 20% 22% 11% 8%
7% 2% 1% 19% 23% 12% 9%
Cloverdale
Sold for $240,000
900 Sf
3 BR, 1BA
6,098 sf lot
DOM 32
Saint Helena
Sold for $640,000
745 Sf
2 BR, 1BA
3,920 sf lot
DOM 37
Most Affordable Market Most Expensive Market
20
Wine Country Mezzo Market
Mezzo Market (1,500-2,100 sf on lots smaller
than 5 acres)
Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale
Average Home Area (SF) 1,777 1,777 1,839 1,836 1,787 1,589
Average Lot Area (SF) 0.52 0.57 2.39 1.98 1.35 0.14
Sales Volume (units) 54 68 3 10 106 54
DOM 105 99 23 249 73 79
$/sf 351.51 402.10 466.82 438.45 327.79 211.29
AverageSales Price 645,857 716,198 868,333 798,300 584,283 366,864
Highest 2,000,000 1,800,000 1,240,000 1,395,000 985,000 730,000
Lowest 221,921 310,000 465,000 525,000 25,000 206,000
Sales Volume ($) 32,863,780 70,593,196 2,605,000 7,983,000 61,939,746 19,810,630
Market Share ($) 6% 13% 0% 1% 11% 4%
Market Share (units) 5% 7% 0% 1% 10% 5%
Healdsburg
Sold for $659,000
2,100 sf
3BR, 2BA
10,018 sf lot
DOM 20
Healdsburg
St. Helena
Cloverdale
Healdsburg
21
1 Cloverdale
Sold for $365,000
1821 Sf
2BR, 2BA
6,035 sf lot
DOM 67
Saint Helena
Sold for $1,025,000
1,633 Sf
2 BR, 2BA
8,712 sf lot
DOM 66
Santa Rosa
Windsor St. Helena Calistoga
Northeast Northwest Southeast Southwest
1,797 1,772 1,786 1,793 1,758 1,781 1,965
0.18 0.56 0.64 0.78 0.26 0.36 0.37
143 38 18 193 163 103 82
71 165 76 60 59 51 79
234.70 590.32 369.76 262.81 224.67 264.00 187.78
420,703 1,031,412 653,333 470,929 393,882 470,664 361,625
685,000 1,970,000 1,100,000 1,195,000 760,000 732,000 660,000
230,000 565,000 335,000 190,000 222,600 275,000 215,000
60,160,565 39,193,656 11,759,994 90,889,297 64,202,766 48,478,392 29,653,250
11% 7% 2% 17% 12% 9% 5%
14% 4% 2% 19% 16% 10% 8%
Most Affordable Market Most Expensive Market
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Wine Country Market $1,000,000-$2,000,000
Properties From Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale
Average Home Area (SF) 2,454 2,414 2,723 2,584 3,001 3,603
Average Lot Area (SF) 6.62 2.57 6.74 4.75 9.68 4.50
Sales Volume (units) 34 71 8 10 24 2
DOM 125 90 100 200 120 90
$/sf 613.35 569.77 545.72 623.01 501.49 359.58
AverageSales Price 1,427,294 1,321,655 1,396,250 1,522,927 1,304,280 1,265,000
Highest 2,000,000 1,995,000 1,890,000 1,950,000 1,900,000 1,380,000
Lowest 1,000,000 1,000,000 1,120,000 1,035,000 1,000,000 1,150,000
Sales Volume ($) 48,527,996 93,837,505 11,170,000 15,229,270 31,302,720 2,530,000
Market Share ($) 14% 27% 3% 4% 9% 1%
Market Share (units) 13% 27% 3% 4% 9% 1%
Healdsburg
Sold for $1,450,000
3474, Sf
4BR, 4BA
2.11 acre
DOM 40
Healdsburg
Glen Ellen Windsor
Healdsburg
23
Santa Rosa
Windsor St. Helena Calistoga Northeast Northwest Southeast Southwest
3,622 2,330 2,797 3,647 4,205 3,794 -
4.67 2.97 6.98 6.24 2.61 8.92 -
6 38 9 36 2 19 -
129 172 352 138 232 144 -
342.78 599.51 514.05 380.38 300.80 360.05 -
1,200,185 1,355,500 1,340,278 1,234,814 1,271,500 1,315,605 -
1,680,000 2,000,000 1,937,500 1,900,000 1,493,000 1,850,000 -
1,000,000 1,000,000 1,100,000 1,000,000 1,050,000 1,050,000 -
7,201,110 51,509,000 12,062,502 44,453,304 2,543,000 24,996,495 -
2% 15% 3% 13% 1% 7%
2% 15% 3% 14% 1% 7%
Windsor
Sold for $1,196,000
3475, Sf
5BR, 4BA
0.48 acre
DOM 18
Glen Ellen
Sold for $1,495,000
2.472 Sf
3BR, 2.5BA
6.03 sf lot
DOM 22
Most Affordable Market Most Expensive Market
24
Wine Country Market above $2,000,000
Properties valued above $2,000,000
Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale
House area (SF) 3,251 4,260 4,878 3,520 3,963 3,300
Lot (Acres) 15.23 56.02 5.22 30.93 42.30 27.17
Sales Volume (units) 18 15 1 3 8 1
DOM 176 202 85 67 470 318
$/sf 840.95 1,137.96 779.01 873.34 844.36 712.16
Sales Price 2,888,174 4,615,533 3,800,000 2,996,333 2,903,504 2,350,000
Highest 7,200,000 15,435,000 3,589,000 4,275,000
Median 2,406,000 3,000,000 2,900,000 2,678,000
Sales Volume ($) 51,987,000 69,233,000 3,800,000 8,989,000 23,288,035 2,350,000
Market Share ($) 18% 23% 1% 3% 8% 1%
Market Share (units) 21% 18% 1% 4% 10% 1%
Healdsburg
Sold for $2,700,000
2,750, Sf
3 BR, 4BA
1.94 acres
DOM 25
Healdsburg
Sonoma
Cloverdale
Healdsburg
25
Santa Rosa
Windsor St. Helena Calistoga Northeast Northwest Southeast Southwest
2,525 3,092 3,073 5,780 - 3,221 -
124.65 16.05 19.46 57.94 - 55.71 -
2 14 8 9 - 5 -
417 341 200 268 - 88 -
1,306.93 1,485.59 1,137.10 731.25 - 1,496.78 -
3,061,313 3,773,357 2,981,527 3,975,397 - 3,210,826 -
3,300,000 7,175,000 5,200,000 8,200,000 - 4,250,000 -
3,061,313 3,275,000 2,800,000 2,295,000 - 2,040,000 -
6,122,625 52,827,000 23,852,219 37,778,575 - 16,054,130 -
2% 18% 8% 13% 5%
2% 17% 10% 11% 6%
Cloverdale
Sold for $2,350,000
3300, Sf
4 BR, 5BA
27.17 acres
DOM 318
Sonoma
Sold for $4,050,000
3,906Sf
5BR, 5BA
7.46 acres
DOM 30
Most Affordable Market Most Expensive Market
26
Wine Country Market— 5 acres or less
Building parcels up to 5 acres
Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale
Land Area (acres) 1.01 1.64 1.97 1.04 0.57 1.24
Sales Volume (units) 11 19 1 1 19 5
DOM 216 258 398 36 196 215
$/acre 661,407 322,515 168,782 459,135 124,931 233,943
AverageSales Price 320,555 395,033 332,500 477,500 340,000 159,743
Highest 725,000 1,423,125 20,000 240,713
Lowest 27,000 25,000 20,000 100,000
Sales Volume ($) 3,526,100 7,505,625 332,500 477,500 2,373,369 798,715
Market Share ($) 11% 24% 1% 2% 8% 3%
Market Share (units) 10% 18% 1% 1% 18% 5%
Healdsburg
Sold for $310,000
Downtown Lot
6,067 sf
DOM 81
Healdsburg
St. Helena
Cloverdale
Healdsburg
27
Santa Rosa
Windsor St. Helena Calistoga Northeast Northwest Southeast Southwest
1.44 1.11 1.47 1.14 0.58 2.00 1.50
8 8 4 10 7 8 4
480 257 208 227 108 82 139
191,286 353,774 598,912 348,980 349,688 159,703 141,875
253,000 859,625 639,634 225,450 126,714 167,788 75,500
700,000 1,900,000 1,375,000 825,000 168,000 420,000 120,000
35,000 90,000 180,000 42,000 60,000 63,000 50,000
2,024,000 6,877,700 2,558,535 2,254,500 886,998 1,342,304 302,000
6% 22% 8% 7% 3% 4% 1%
8% 8% 4% 10% 7% 8% 4%
Cloverdale
Sold for $160,000
10 minutes from town
2.38 acres
DOM 407
St. Helena
Sold for $965,000
In town
1.02 acre
DOM 239
Most Affordable Market Most Expensive Market
28
Wine Country Market— more than 5 acres
Land more than 5 acres
Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale
Land Area (acres) 31.44 25.10 - 57.83 7.05 28.87
Sales Volume (units) 13 4 - 3 7 3
DOM 318 228 - 759 275 201
$/acre 66,595 72,152 - 60,208 68,205 31,790
Highest 150,330 149,187 - 80,000 120,909 46,819
Lowest 7,813 45,486 - 40,974 42,188 12,134
Sales Price 1,234,231 1,374,000 - 2,783,333 473,714 885,000
Highest 1,950,000 1,850,000 - 5,500,000 875,000 1,575,000
Lowest 430,000 650,000 - 850,000 225,000 425,000
Sales Volume ($) 16,045,000 5,496,000 - 8,350,000 3,316,000 2,655,000
Market Share ($) 29% 10% 15% 6% 5%
Market Share (units) 25% 8% 6% 13% 6%
*single sale of 1900 acre property not counted
Healdsburg
Sold for $995,000
5 minutes to town
10.95 acres
DOM 626
Healdsburg
Glen Ellen
Sebastopol
Healdsburg
29
Santa Rosa
Windsor St. Helena Calistoga Northeast Northwest Southeast Southwest
14.08 26.22 28.96 36.38 - 25.45 -
1 5 4 6 - 7 -
215 279 250 348 - 214 -
51,491 66,142 43,385 36,421 - 52,111 -
- 141,243 122,895 78,990 - 83,432 -
- 6,268 10,471 6,472 - 17,500 -
725,000 863,800 1,182,000 513,333 - 947,714 -
2,500,000 2,700,000 800,000 - 2,400,000 -
220,000 420,000 270,000 - 175,000 -
725,000 4,319,000 4,730,000 3,080,000 - 6,634,000 -
1% 8% 9% 6% 12%
2% 9% 8% 11% 13%
Sebastopol
Sold for $459,000
10 minutes to town
10.8 acres
DOM 38
Glen Ellen
Sold for $2,000,000
Sonoma Valley Floor
25 acre
DOM 606
Most Affordable Market Most Expensive Market
30
Meet Dianne and Bob
W hen a client chooses to
work with Agents Bob Pennypacker
and Dianne Vernon they’re truly
getting a two-for-one that is not
only special, but extremely unique
in the Real Estate world:
Pennypacker is that rare real estate
professional who is both an
accomplished sales and marketing
professional and a world-class
architect, providing his clients with
property insight on not only the skin
and bones of a potential purchase,
but its DNA as well.
Pennypacker, a SF Bay Area native,
traces his interest in architecture to
the mid-1960’s, when his mother
briefly threw her hat into the home-
selling arena. “Everything was
on paper then, of course. I used to
pore through the binders filled with
her listings. I think that’s really where
my love for structures began,
particularly residential homes.”
Later, while studying architecture at
UC Berkeley, Bob embarked on a
student exchange program that
took him to Sweden, where he was
given his first exposure to—and
discovered his passion for—
architectural history. “It was
absolutely a life-changing
experience, he recalls.
In Sweden, I learned to look at a
house in a completely different
way, to see where its design roots
originate. That epiphany continues
to inform my work today.” That
school year in Sweden was
followed by a summer in Norway
and a spontaneous bout of
employment. “I was walking along
a village in a remote fjord, saw an
architect’s office, and went in and
asked if they were hiring,”
Pennypacker laughs. That first year
in Scandinavia was the beginning
of a successful, nearly 30-year long
career in architecture.
After returning to the states to
complete his undergraduate
studies at UC Berkeley, he moved
to New York to obtain his graduate
degree at Columbia University. His
architecture career took off
immediately, and Pennypacker
spent the next thirty years indulging
his passion for architecture and
design. Contracted by several
prominent corporations that
included Bechtel and NBC
Universal, he traveled the globe to
service clients in locales that
included France, the Middle East
and Japan.
In 2000 Pennypacker returned to
California and settled in historic
Healdsburg, a charming, wine
country destination located in
Sonoma County. His first order of
business was to design and build a
home for himself. Upon completion
of his own home, he designed and
built another, this time to sell. He
obtained his Real Estate License,
sold the home, found the business
compelling and got hooked.
Enter his business partner Dianne
Vernon. Prior to becoming a
REALTOR®, for twenty years Dianne
directed an international team of
sales and marketing professionals
addressing the Fortune 500
software market.
31
For the last 10 years she had suc-
cessfully sold Real
Estate in the Silicon Valley. Over
these last ten years, Dianne also
studied architecture, building, and
design; no surprise her meeting and
teaming with Bob.
Relocated to Healdsburg she now
combines her passion for real es-
tate and as an EcoBroker™, is a
pioneer of the eco-friendly real es-
tate and prefab home ethos.
Dianne and Bob are certified by
the International Real Estate Society
acknowledging their hard work to
receive that designation and their
acumen for the international real
estate market.
Bob and Dianne provide a unique
combination of skills. Their clients
are provided with an incomparable
level of service, while their ability to
function as a REALTOR®, Architect,
Designer, Builder, and accom-
plished “real world” business execu-
tive are benefits few competitors
offer. “There are times when the
client isn’t able to see the potential
of a home,” say Bob and Dianne.
Noting that few
home buyers have the opportunity
to consult an architect or designer
during the buying process, Dianne
and Bob’s clients are provided with
an extra tier of service that would
normally set the client back thou-
sands of dollars. “As an architect, I
can help them visualize what is pos-
sible.” states Pennypacker. “With a
little guidance and vision, the true
potential of a home can be re-
vealed,” adds Dianne.
Today both Dianne and Bob are a
world away from the jet-setting cor-
porate culture of high tech compa-
nies and professional design firms.
They are very happy with the kind
of human connections forged in
real estate. “Designing airports and
theme parks and endless hours in-
corporate meetings are no match
for the real connection we enjoy
meeting new people, selling real
estate and building homes in
Healdsburg,” say Bob and Dianne.
32
&
Dianne Vernon 877.630.7732 [email protected] Cal BRE# 01428234
Bob Pennypacker 707.799.6032 [email protected] CalBRE # 01867425
RE/MAX Full Spectrum 338 Healdsburg Ave., HEALDSBURG, CA 95448 USA
Dianne Vernon
Bob Pennypacker
Because Confidence is Earned
Full Spectrum
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