Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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Over the last three years the market for country property (Homes and Ranches on 2 Acres or More) in Sonoma County, California has improved dramatically. Homes on Land (remember we are only one hour north, give or take, of the Golden Gate Bridge) are selling faster and for more money than any time in the last six years. This report, culled from the Bay Area Real Estate Information Services (or BAREIS MLS) looks at Medians prices, Days on Market, Active Listings versus Sold Listings over the last three years on a quarterly basis. It is my personal belief that country property in Sonoma County never experienced quite the wild appreciation that the overall market did in the boom years of 2004-2006. I do believe that demographic and regional trends in the greater San Francisco Bay Area will drive country property values up significantly over the coming years.

Transcript of Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Q2-2014

    1,095,000

    Q2-2011

    740,000

    %

    48

    Change

    355,000

    Q2-2011 vs Q2-2014: The median sold price is up 48%Median Sold Price by quarter

    BAREIS MLS

    Q2-2011 vs. Q2-2014

    Pam Buda

    Clarus MarketMetrics 07/08/2014

    Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    1/2

    MLS: BAREIS Bedrooms:

    All

    All

    Construction Type:

    All3 Year Quarterly SqFt:

    Bathrooms: Lot Size:All 87120+ Square

    Period:All

    Counties:

    Property Types: : Residential

    Sonoma

    Price:

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    Median Sold Price by quarterQ2-2011 vs Q2-2014: The median sold price is up 48%

    BAREIS MLSPam Buda

    Sold Median Price Units Avg DOMTime PeriodQ2 2014 1,095,000 101 94

    Q1 2014 944,000 103 132

    Q4 2013 821,000 109 134

    Q3 2013 900,000 121 134

    Q2 2013 902,500 126 128

    Q1 2013 729,500 88 211

    Q4 2012 780,000 137 132

    Q3 2012 680,000 143131

    Q2 2012 860,155 141 143

    Q1 2012 662,000 83 140

    Q4 2011 702,500 88 120

    Q3 2011 750,000 107 126

    Q2 2011 740,000 93 157

    Clarus MarketMetrics 07/08/2014

    Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Q2-2011 vs Q2-2014: The median price o f for sale properties is up 32% and the median price of sold properties is up 48%

    BAREIS MLS

    Q2-2011 vs. Q2-2014

    999,497 32

    Pam Buda

    1,320,000

    Q2-2014

    Median For Sale vs Median Sold

    ChangeQ2-2011 %

    320,503

    Q2-2011 Q2-2014 %

    740,000 48

    Q2-2011 vs. Q2-2014

    1,095,000

    Change

    355,000

    Clarus MarketMetrics 07/08/2014

    Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    1/2

    MLS: BAREIS Bedrooms:

    All

    All

    Construction Type:

    All3 Year Quarterly SqFt:

    Bathrooms: Lot Size:All 87120+ Square

    Period:All

    Counties:

    Property Types: : Residential

    Sonoma

    Price:

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Median For Sale vs Median SoldQ2-2011 vs Q2-2014: The median pr ice of for sale properties is up 32% and the median price of sold properties is up 48%

    BAREIS MLSPam Buda

    For SaleMedian SoldMedian

    For Sale # Properties # PropertiesSold Price DifferenceTime Period

    Q2 2014 364 1011,320,000 1,095,000 -225,000

    Q1 2014 288 1031,250,000 944,000 -306,000

    Q4 2013 350 1091,295,000 821,000 -474,000

    Q3 2013 400 1211,248,500 900,000 -348,500

    Q2 2013 432 1261,274,000 902,500 -371,500

    Q1 2013 361 881,195,000 729,500 -465,500

    Q4 2012 428 1371,100,000 780,000 -320,000

    Q3 2012 506 143995,000 680,000 -315,000

    Q2 2012 521 141996,000 860,155 -135,845

    Q1 2012 451 83949,000 662,000 -287,000

    Q4 2011 489 88995,000 702,500 -292,500

    Q3 2011 563 107995,000 750,000 -245,000

    Q2 2011 546 93999,497 740,000 -259,497

    Clarus MarketMetrics

    Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    07/08/201422/

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Q2-2014

    101

    Q2-2011

    93

    %

    9

    Change

    8

    Q2-2011 vs Q2-2014: The number of Sold properties is up 9%Sold Properties by quarter

    BAREIS MLS

    Q2-2011 vs. Q2-2014

    Pam Buda

    Clarus MarketMetrics 07/08/2014

    Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    1/2

    MLS: BAREIS Bedrooms:

    All

    All

    Construction Type:

    All3 Year Quarterly SqFt:

    Bathrooms: Lot Size:All 87120+ Square

    Period:All

    Counties:

    Property Types: : Residential

    Sonoma

    Price:

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Sold Properties by quarterQ2-2011 vs Q2-2014: The number of Sold properties is up 9%

    BAREIS MLSPam Buda

    Time Period

    Full Market

    Units Median Price Avg DOM

    Bank Properties

    Units % Bank Median Price

    Non-Bank Properties

    Units % Non-Bank Median Price

    Q2 2014 1,095,000101 94 2 2.0 1,028,750 99 98.0 1,095,000

    Q1 2014 944,000103 132 10 9.7 521,750 93 90.3 1,020,000

    Q4 2013 821,000109 134 8 7.3 380,000 101 92.7 830,000

    Q3 2013 900,000121 134 11 9.1 593,250 110 90.9 944,936

    Q2 2013 902,500126 128 18 14.3 580,000 108 85.7 966,500

    Q1 2013 729,50088 211 20 22.7 627,500 68 77.3 801,000

    Q4 2012 780,000137 132 23 16.8 512,000 114 83.2 812,500

    Q3 2012 680,000143 131 32 22.4 490,000 111 77.6 800,000

    Q2 2012 860,155141 143 37 26.2 550,200 104 73.8 1,097,500

    Q1 2012 662,00083 140 34 41.0 462,500 49 59.0 830,000

    Q4 2011 702,50088 120 30 34.1 523,500 58 65.9 844,000

    Q3 2011 750,000107 126 26 24.3 444,250 81 75.7 829,000

    Q2 2011 740,00093 157 18 19.4 482,875 75 80.6 825,000

    Clarus MarketMetrics 07/08/2014Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Q2-2014

    130

    Q2-2011

    109

    %

    19

    Change

    21

    Q2-2011 vs Q2-2014: The number of Under Contract properties is up 19%Under Contract Properties by quarter

    BAREIS MLS

    Q2-2011 vs. Q2-2014

    Pam Buda

    Clarus MarketMetrics 07/08/2014

    Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    AllBathrooms: SqFt:

    All

    : Residential

    87120+ SquareConstruction Type: Lot Size:BAREIS

    Sonoma

    Period: 3 Year Quarterly

    Price:

    MLS:

    All AllAll

    Property Types:

    Bedrooms:

    Counties:

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Under Contract Properties by quarterQ2-2011 vs Q2-2014: The number of Under Contract properties is up 19%

    BAREIS MLSPam Buda

    Median Price UnitsUnits Median Price% Non-Bank

    Full Market

    % BankAvg DOMMedian Price

    Bank Properties

    Units

    Non-Bank Properties

    Time Period

    Q2 2014 1,100,000130 85 1,100,00094.6123719,0005.47

    Q1 2014 972,000102 134 1,072,00092.294430,5757.88

    Q4 2013 907,00092 144 934,50093.586649,5006.56

    Q3 2013 950,00096 134 995,00092.789525,0007.37

    Q2 2013 998,000141 120 1,029,00091.5129757,4508.512

    Q1 2013 775,000107 148 887,00082.288494,40017.819

    Q4 2012 699,000107 181 772,00080.486499,90019.621Q3 2012 789,000141 134 800,00081.6115524,95018.426

    Q2 2012 814,475138 120 947,50078.3108496,48621.730

    Q1 2012 735,000127 175 969,00066.184529,90033.943

    Q4 2011 705,00076 119 894,00055.342465,00044.734

    Q3 2011 795,000105 123 849,00078.182580,00021.923

    Q2 2011 763,000109 138 1,022,00069.776439,00030.333

    Clarus MarketMetrics 07/08/2014Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Q2-2014

    206

    Q2-2011

    269

    %

    -23

    Change

    -63

    Q2-2011 vs Q2-2014: The number of New properties is down -23%New Properties by quarter

    BAREIS MLS

    Q2-2011 vs. Q2-2014

    Pam Buda

    Clarus MarketMetrics 07/08/2014

    Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    1/2

    MLS: BAREIS Bedrooms:

    All

    All

    Construction Type:

    All3 Year Quarterly SqFt:

    Bathrooms: Lot Size:All 87120+ Square

    Period:All

    Counties:

    Property Types: : Residential

    Sonoma

    Price:

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    New Properties by quarterQ2-2011 vs Q2-2014: The number of New properties is down -23%

    BAREIS MLSPam Buda

    Median Price UnitsUnits Median Price% Non-Bank

    Full Market

    % BankMedian Price

    Bank Properties

    Units

    Non-Bank Properties

    Time Period

    Q2 2014 1,297,000206 6 2.9 532,915 200 97.1 1,332,000

    Q1 2014 1,196,500130 8 6.2 607,500 122 93.8 1,250,000

    Q4 2013 1,094,00094 10 10.6 862,000 84 89.4 1,169,250

    Q3 2013 954,500156 8 5.1 437,500 148 94.9 996,500

    Q2 2013 1,162,500220 10 4.5 599,000 210 95.5 1,195,000

    Q1 2013 992,000148 21 14.2 474,900 127 85.8 1,279,000

    Q4 2012 992,000120 18 15.0 512,450 102 85.0 1,124,500Q3 2012 869,000179 22 12.3 519,900 157 87.7 989,000

    Q2 2012 944,000252 34 13.5 492,500 218 86.5 998,250

    Q1 2012 799,950173 43 24.9 493,972 130 75.1 1,095,000

    Q4 2011 829,000119 36 30.3 537,450 83 69.7 1,075,000

    Q3 2011 850,000192 43 22.4 580,000 149 77.6 960,000

    Q2 2011 995,000269 41 15.2 599,000 228 84.8 1,195,000

    Clarus MarketMetrics 07/08/2014Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Q2-2014

    364

    Q2-2011

    546

    %

    -33

    Change

    -182

    Q2-2011 vs Q2-2014: The number of For Sale properties is down -33%For Sale Properties by quarter

    BAREIS MLS

    Q2-2011 vs. Q2-2014

    Pam Buda

    Clarus MarketMetrics 07/08/2014

    Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    1/2

    MLS: BAREIS Bedrooms:

    All

    All

    Construction Type:

    All3 Year Quarterly SqFt:

    Bathrooms: Lot Size:All 87120+ Square

    Period:All

    Counties:

    Property Types: : Residential

    Sonoma

    Price:

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    For Sale Properties by quarterQ2-2011 vs Q2-2014: The number of For Sale properties is down -33%

    BAREIS MLSPam Buda

    Median Price UnitsUnits Median Price% Non-Bank

    Full Market

    % BankAvg DOMMedian Price

    Bank Properties

    Units

    Non-Bank Properties

    Time Period

    Q2 2014 1,320,000364 109 12 3.3 619,500 352 96.7 1,350,000

    Q1 2014 1,250,000288 147 17 5.9 590,000 271 94.1 1,295,000

    Q4 2013 1,295,000350 182 16 4.6 600,325 334 95.4 1,362,500

    Q3 2013 1,248,500400 158 19 4.8 500,000 381 95.2 1,288,000

    Q2 2013 1,274,000432 143 25 5.8 640,000 407 94.2 1,295,000

    Q1 2013 1,195,000361 175 37 10.2 525,000 324 89.8 1,295,000

    Q4 2012 1,100,000428 193 44 10.3 597,000 384 89.7 1,195,000Q3 2012 995,000506 170 59 11.7 539,900 447 88.3 1,100,000

    Q2 2012 996,000521 156 71 13.6 535,000 450 86.4 1,149,500

    Q1 2012 949,000451 184 87 19.3 590,000 364 80.7 1,150,000

    Q4 2011 995,000489 195 91 18.6 599,950 398 81.4 1,199,000

    Q3 2011 995,000563 161 89 15.8 599,950 474 84.2 1,195,000

    Q2 2011 999,497546 151 95 17.4 599,000 451 82.6 1,195,000

    Clarus MarketMetrics 07/08/2014Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    Q2-2014

    38

    Q2-2011

    66

    %

    -42

    Change

    -28

    Q2-2011 vs Q2-2014: The number of Expired properties is down -42%Expired Properties by quarter

    BAREIS MLS

    Q2-2011 vs. Q2-2014

    Pam Buda

    07/08/2014Clarus MarketMetrics 1/2

    MLS: BAREIS Bedrooms:

    All

    All

    Construction Type:

    All3 Year Quarterly SqFt:

    Bathrooms: Lot Size:All 87120+ Square

    Period:All

    Counties:

    Property Types: : Residential

    Sonoma

    Price:

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Expired Properties by quarterQ2-2011 vs Q2-2014: The number of Expired properties is down -42%

    BAREIS MLSPam Buda

    Median Price Units% BankAvg DOMUnits Median Price

    Bank Properties

    Units

    Non-Bank Properties

    % Non-Bank Median Price

    Full Market

    Q2 2014 1,244,50038 234 4 10.5 474,465 34 89.5 1,291,500

    Q1 2014 1,517,50028 263 3 10.7 1,050,000 25 89.3 1,575,000

    Q4 2013 1,799,500100 231 1 1.0 714,500 99 99.0 1,800,000

    Q3 2013 964,00048 185 6 12.5 494,750 42 87.5 1,015,000

    Q2 2013 1,200,00047 216 2 4.3 649,950 45 95.7 1,250,000

    Q1 2013 1,397,00042 208 3 7.1 376,200 39 92.9 1,550,000

    Q4 2012 1,406,500108 206 7 6.5 625,000 101 93.5 1,495,000Q3 2012 1,049,00057 230 7 12.3 479,000 50 87.7 1,210,000

    Q2 2012 1,287,50056 220 4 7.1 1,217,500 52 92.9 1,287,500

    Q1 2012 999,99955 206 7 12.7 475,000 48 87.3 1,299,750

    Q4 2011 1,290,000135 208 13 9.6 699,000 122 90.4 1,395,000

    Q3 2011 1,250,00088 181 11 12.5 495,000 77 87.5 1,350,000

    Q2 2011 1,060,00066 207 16 24.2 624,997 50 75.8 1,190,000

    Clarus MarketMetrics 07/08/2014Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Q2-2011 vs Q2-2014: The number of for sale properties is down -33% and the number of sold properties is up 9%

    BAREIS MLS

    Q2-2011 vs. Q2-2014

    546 -33

    Pam Buda

    364

    Q2-2014

    Supply & Demand by quarter

    ChangeQ2-2011 %

    -182

    Q2-2011 Q2-2014 %

    93 9

    Q2-2011 vs. Q2-2014

    101

    Change

    8

    Clarus MarketMetrics 07/08/2014

    Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    1/2

    MLS: BAREIS Bedrooms:

    All

    All

    Construction Type:

    All3 Year Quarterly SqFt:

    Bathrooms: Lot Size:All 87120+ Square

    Period:All

    Counties:

    Property Types: : Residential

    Sonoma

    Price:

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    Supply & Demand by quarterQ2-2011 vs Q2-2014: The number of for sale properties is down -33% and the number of sold properties is up 9%

    Pam Buda BAREIS MLS

    For Sale Sold

    # Properties

    Avg DOM Avg DOM

    # Properties

    Time Period

    Q2 2014 109 94364 101

    Q1 2014 147 132288 103

    Q4 2013 182 134350 109

    Q3 2013 158 134400 121

    Q2 2013 143 128432 126

    Q1 2013 175 211361 88

    Q4 2012 193 132428 137

    Q3 2012 170 131506 143

    Q2 2012 156 143521 141

    Q1 2012 184 140451 83

    Q4 2011 195 120489 88

    Q3 2011 161 126563 107

    Q2 2011 151 157546 93

    Clarus MarketMetrics 07/08/2014Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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    BAREIS MLSP B d

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    Q2-2014

    85

    Q2-2011

    138

    %

    -38

    Change

    -53

    Q2-2011 vs Q2-2014: The average days on market is down -38%The Average Days on Market by quarter

    BAREIS MLS

    Q2-2011 vs. Q2-2014

    Pam Buda

    Sonoma

    All 3 Year Quarterly

    Counties:

    Period:Price:

    Property Types: : Residential

    07/08/20141/2Clarus MarketMetrics

    87120+ Square

    Bedrooms: All AllSqFt:

    All Lot Size:Bathrooms:AllConstruction Type:

    MLS: BAREIS

    BAREIS MLSPam Buda

  • 5/22/2018 Sonoma County Country Property Sales Report provided by Pam Buda July 2011 through June 2014

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    The Average Days on Market by quarterQ2-2011 vs Q2-2014: The average days on market is down -38%

    BAREIS MLSPam Buda

    # UC UnitsAvg DOMTime Period

    Q2 2014 13085

    Q1 2014 102134

    Q4 2013 92144

    Q3 2013 96134

    Q2 2013 141120

    Q1 2013 107148

    Q4 2012 107181

    Q3 2012 141134

    Q2 2012 138120

    Q1 2012 127175

    Q4 2011 76119

    Q3 2011 105123

    Q2 2011 109138

    Clarus MarketMetrics 2/2 07/08/2014Information not guaranteed. 2014 - 2015 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).