sonoma county home sales trends 2007 through 2010, by quarter

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

    1/19

    01/24/2011Clarus MarketMetrics

    Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    Pam BudaBAREIS MLS

    Market Dynamics

    1 of 19

  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Q4 2010319,900

    Q4 2007474,000

    %-33%

    Change-154,100

    Q4 2007 vs. Q4 2010: The median sold price is down 33%Median Sold Price by Quarter

    BAREIS MLS

    Q4 2007 vs. Q4 2010

    Pam Buda

    Clarus MarketMetrics 1 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:SonomaResidential: (Single Family, Condo/Coop, Farms/Ranches)Period: All All

    Property Types:Counties:

    AllConstruction Type:Price: Lot Size:Bedrooms:3 years (quarterly)BAREIS

    2 of 19

  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Median Sold Price by QuarterQ4 2007 vs. Q4 2010: The median sold price is down 33%

    BAREIS MLS Pam Buda

    Time Period Median Price # Units Average DOM

    Q4 2010 319,900 1,151 105

    Q3 2010 342,975 1,342 94

    Q2 2010 336,000 1,463 95

    Q1 2010 330,000 1,103 103

    Q4 2009 340,000 1,368 95

    Q3 2009 325,000 1,456 97

    Q2 2009 305,000 1,477 107

    Q1 2009 300,000 1,172 108Q4 2008 320,000 1,512 99

    Q3 2008 358,500 1,447 94

    Q2 2008 408,000 1,269 101

    Q1 2008 435,000 709 125

    Q4 2007 474,000 768 111

    Clarus MarketMetrics 2 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Q4 07 vs. Q4 10: The median price of for sale properties is down 26% and the median price of sold properties is down 33%

    BAREIS MLS

    Q4 2007 vs. Q4 2010

    485,000 -26%

    Pam Buda

    359,000Q4 2010

    Median For Sale vs. Median Sold

    ChangeQ4 2007 %-126,000

    Q4 2007 Q4 2010 %474,000 -33%

    Q4 2007 vs. Q4 2010

    319,900Change-154,100

    Clarus MarketMetrics 1 of 2 01/24/2011

    Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:SonomaResidential: (Single Family, Condo/Coop, Farms/Ranches)Period: All All

    Property Types:Counties:

    AllConstruction Type:Price: Lot Size:Bedrooms:3 years (quarterly)BAREIS

    4 of 19

  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Median For Sale vs. Median SoldQ4 07 vs. Q4 10: The median price of for sale properties is down 26% and the median price of sold properties is down 33%

    BAREIS MLS Pam Buda

    Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

    Difference

    Q4 2010 3,876 1,151359,000 319,900 -39,100

    Q3 2010 4,479 1,342379,000 342,975 -36,025

    Q2 2010 4,340 1,463379,000 336,000 -43,000

    Q1 2010 3,784 1,103360,000 330,000 -30,000

    Q4 2009 3,626 1,368379,950 340,000 -39,950

    Q3 2009 4,114 1,456399,900 325,000 -74,900

    Q2 2009 4,177 1,477399,000 305,000 -94,000

    Q1 2009 4,178 1,172360,000 300,000 -60,000

    Q4 2008 4,729 1,512374,900 320,000 -54,900

    Q3 2008 5,686 1,447399,000 358,500 -40,500

    Q2 2008 5,533 1,269419,900 408,000 -11,900

    Q1 2008 4,873 709449,000 435,000 -14,000

    Q4 2007 5,052 768485,000 474,000 -11,000

    Clarus MarketMetrics Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    2 of 2 01/24/2011

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Q4 20101,151

    Q4 2007768

    %+50%

    Change383

    Q4 2007 vs. Q4 2010: The number of Sold properties is up 50%Sold Properties by Quarter

    BAREIS MLS

    Q4 2007 vs. Q4 2010

    Pam Buda

    Clarus MarketMetrics 1 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:SonomaResidential: (Single Family, Condo/Coop, Farms/Ranches)Period: All All

    Property Types:Counties:

    AllConstruction Type:Price: Lot Size:Bedrooms:3 years (quarterly)BAREIS

    6 of 19

  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Sold Properties by QuarterQ4 2007 vs. Q4 2010: The number of Sold properties is up 50%

    BAREIS MLS Pam Buda

    Time Period

    Full Market# Properties Median Price Average DOM

    Bank Properties# Properties % Bank Median Price

    Non-Bank Properties# Properties % Non-Bank Median Price

    Q4 2010 319,9001,151 105 600 52.1 270,250 551 47.9 399,500

    Q3 2010 342,9751,342 94 586 43.7 275,000 756 56.3 405,000

    Q2 2010 336,0001,463 95 695 47.5 280,000 768 52.5 385,500

    Q1 2010 330,0001,103 103 602 54.6 275,000 501 45.4 403,000

    Q4 2009 340,0001,368 95 675 49.3 276,000 693 50.7 410,000

    Q3 2009 325,0001,456 97 708 48.6 255,000 748 51.4 405,000

    Q2 2009 305,0001,477 107 883 59.8 257,000 594 40.2 429,500

    Q1 2009 300,0001,172 108 854 72.9 265,000 318 27.1 425,000Q4 2008 320,0001,512 99 1,051 69.5 280,000 461 30.5 469,000

    Q3 2008 358,5001,447 94 840 58.0 305,000 607 42.0 490,000

    Q2 2008 408,0001,269 101 564 44.4 335,000 705 55.6 500,000

    Q1 2008 435,000709 125 245 34.6 354,000 464 65.4 510,000

    Q4 2007 474,000768 111 97 12.6 399,999 671 87.4 493,000

    Clarus MarketMetrics 2 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Q4 2010480

    Q4 2007572

    %-16%

    Change-92

    Q4 2007 vs. Q4 2010: The number of Under Contract non-bank properties is down 16%Under Contract Properties by Quarter (Non-Bank)

    BAREIS MLS

    Q4 2007 vs. Q4 2010

    Pam Buda

    Clarus MarketMetrics 1 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:SonomaResidential: (Single Family, Condo/Coop, Farms/Ranches)Period: All All

    Property Types:Counties:

    AllConstruction Type:Price: Lot Size:Bedrooms:3 years (quarterly)BAREIS

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Under Contract Properties by Quarter (Non-Bank)Q4 2007 vs. Q4 2010: The number of Under Contract non-bank properties is down 16%

    BAREIS MLS Pam Buda

    Time Period

    Full Market

    # Properties Median Price Average DOM

    Bank Properties

    # Properties % Bank Median Price

    Non-Bank Properties

    # Properties % Non-Bank Median PriceQ4 2010 305,0001,193 96 409,00040.2480269,90059.8713

    Q3 2010 347,0001,313 98 410,00054.1711292,35045.9602

    Q2 2010 334,9001,437 95 399,70054.0776275,00046.0661

    Q1 2010 334,9501,219 92 394,90049.5603279,00050.5616

    Q4 2009 337,4001,190 97 419,00049.2586265,50050.8604

    Q3 2009 329,0001,440 96 414,99050.4726258,50049.6714

    Q2 2009 325,0001,512 111 447,00046.2699256,00053.8813

    Q1 2009 299,0001,378 113 449,00029.4405259,90070.6973Q4 2008 308,9001,335 101 469,00028.2376269,90071.8959

    Q3 2008 339,7001,554 96 499,25036.4566289,90063.6988

    Q2 2008 399,0001,420 99 514,95050.0710315,90050.0710

    Q1 2008 437,900937 121 536,00057.0534360,00043.0403

    Q4 2007 469,950699 116 497,00081.8572399,90018.2127

    Clarus MarketMetrics 2 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Q4 20101,458

    Q4 20071,594

    %-9%

    Change-136

    Q4 2007 vs. Q4 2010: The number of New properties is down 9%New Properties by Quarter

    BAREIS MLS

    Q4 2007 vs. Q4 2010

    Pam Buda

    Clarus MarketMetrics 1 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:SonomaResidential: (Single Family, Condo/Coop, Farms/Ranches)Period: All All

    Property Types:Counties:

    AllConstruction Type:Price: Lot Size:Bedrooms:3 years (quarterly)BAREIS

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    New Properties by QuarterQ4 2007 vs. Q4 2010: The number of New properties is down 9%

    BAREIS MLS Pam Buda

    Time Period # Properties

    Full Market

    Median Price

    Bank Properties

    # Properties % Bank Median Price

    Non-Bank Properties

    # Properties % Non-Bank Median PriceQ4 2010 310,0001,458 841 57.7 264,900 617 42.3 399,999

    Q3 2010 349,0002,142 962 44.9 272,250 1,180 55.1 449,000

    Q2 2010 372,0002,311 906 39.2 275,000 1,405 60.8 478,000

    Q1 2010 350,0002,042 950 46.5 288,612 1,092 53.5 449,000

    Q4 2009 329,0001,582 855 54.0 269,900 727 46.0 399,990

    Q3 2009 354,4502,022 947 46.8 269,000 1,075 53.2 485,000

    Q2 2009 384,7402,042 887 43.4 250,470 1,155 56.6 535,000

    Q1 2009 347,9001,835 1,021 55.6 270,000 814 44.4 529,000Q4 2008 319,9001,702 1,085 63.8 265,000 617 36.2 499,900

    Q3 2008 355,0002,503 1,441 57.6 285,000 1,062 42.4 560,000

    Q2 2008 399,3502,706 1,268 46.9 299,900 1,438 53.1 579,000

    Q1 2008 435,0002,139 951 44.5 325,900 1,188 55.5 595,000

    Q4 2007 449,0001,594 650 40.8 355,500 944 59.2 545,000

    Clarus MarketMetrics 2 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Q4 20103,876

    Q4 20075,052

    %-23%

    Change-1,176

    Q4 2007 vs. Q4 2010: The number of For Sale properties is down 23%For Sale Properties by Quarter

    BAREIS MLS

    Q4 2007 vs. Q4 2010

    Pam Buda

    Clarus MarketMetrics 1 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:SonomaResidential: (Single Family, Condo/Coop, Farms/Ranches)Period: All All

    Property Types:Counties:

    AllConstruction Type:Price: Lot Size:Bedrooms:3 years (quarterly)BAREIS

    12 of 19

  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    For Sale Properties by QuarterQ4 2007 vs. Q4 2010: The number of For Sale properties is down 23%

    BAREIS MLS Pam Buda

    # PropertiesTime Period

    Full Market

    # Properties Median Price Average DOM

    Bank Properties Non-Bank Properties

    % Bank Median Price # Properties % Non-Bank Median PriceQ4 2010 359,0003,876 138 1,805 46.6 269,000 2,071 53.4 499,000

    Q3 2010 379,0004,479 155 1,875 41.9 278,500 2,604 58.1 507,000

    Q2 2010 379,0004,340 167 1,840 42.4 279,900 2,500 57.6 510,000

    Q1 2010 360,0003,784 181 1,799 47.5 280,000 1,985 52.5 499,800

    Q4 2009 379,9503,626 192 1,651 45.5 275,000 1,975 54.5 579,000

    Q3 2009 399,9004,114 185 1,760 42.8 270,000 2,354 57.2 579,000

    Q2 2009 399,0004,177 191 1,906 45.6 269,000 2,271 54.4 579,900

    Q1 2009 360,0004,178 201 2,258 54.0 275,000 1,920 46.0 575,000Q4 2008 374,9004,729 194 2,522 53.3 275,000 2,207 46.7 599,000

    Q3 2008 399,0005,686 182 2,835 49.9 293,900 2,851 50.1 599,000

    Q2 2008 419,9005,533 185 2,485 44.9 310,000 3,048 55.1 585,000

    Q1 2008 449,0004,873 196 1,939 39.8 348,900 2,934 60.2 552,475

    Q4 2007 485,0005,052 193 1,318 26.1 375,000 3,734 73.9 536,000

    Clarus MarketMetrics 2 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Q4 2010962

    Q4 20071,619

    %-41%

    Change-657

    Q4 2007 vs. Q4 2010: The number of Expired properties is down 41%Expired Properties by Quarter

    BAREIS MLS

    Q4 2007 vs. Q4 2010

    Pam Buda

    Clarus MarketMetrics 1 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:SonomaResidential: (Single Family, Condo/Coop, Farms/Ranches)Period: All All

    Property Types:Counties:

    AllConstruction Type:Price: Lot Size:Bedrooms:3 years (quarterly)BAREIS

    14 of 19

  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Expired Properties by QuarterQ4 2007 vs. Q4 2010: The number of Expired properties is down 41%

    BAREIS MLS Pam Buda

    Time Period Median Price# Properties Average DOM

    Full Market

    # Properties % Bank Median Price Median Price# Properties

    Bank Properties

    % Non-Bank

    Non-Bank Properties

    Q4 2010 445,000962 166 293 30.5 260,000 669 69.5 575,000

    Q3 2010 389,450748 137 309 41.3 275,999 439 58.7 560,000

    Q2 2010 409,450566 155 266 47.0 298,500 300 53.0 599,000

    Q1 2010 399,950536 173 249 46.5 276,000 287 53.5 650,000

    Q4 2009 569,000694 166 198 28.5 293,600 496 71.5 699,925

    Q3 2009 479,000630 148 250 39.7 279,950 380 60.3 672,000

    Q2 2009 430,000573 163 280 48.9 289,500 293 51.1 649,000

    Q1 2009 449,000665 181 266 40.0 300,000 399 60.0 645,000Q4 2008 525,0001,051 158 326 31.0 289,000 725 69.0 675,000

    Q3 2008 465,0001,105 151 410 37.1 320,000 695 62.9 612,000

    Q2 2008 439,745930 152 381 41.0 339,000 549 59.0 589,000

    Q1 2008 469,9001,109 161 319 28.8 378,500 790 71.2 519,500

    Q4 2007 530,0001,619 147 203 12.5 430,000 1,416 87.5 559,000

    Clarus MarketMetrics 2 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Q4 2007 vs. Q4 2010: The number of for sale properties is down 23% and the number of sold properties is up 50%

    BAREIS MLS

    Q4 2007 vs. Q4 2010

    5,052 -23%

    Pam Buda

    3,876Q4 2010

    Supply & Demand by Quarter

    ChangeQ4 2007 %-1,176

    Q4 2007 Q4 2010 %768 +50%

    Q4 2007 vs. Q4 2010

    1,151Change

    383

    Clarus MarketMetrics 1 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:SonomaResidential: (Single Family, Condo/Coop, Farms/Ranches)Period: All All

    Property Types:Counties:

    AllConstruction Type:Price: Lot Size:Bedrooms:3 years (quarterly)BAREIS

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  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Supply & Demand by QuarterQ4 2007 vs. Q4 2010: The number of for sale properties is down 23% and the number of sold properties is up 50%

    Pam Buda BAREIS MLS

    Time Period For SaleFor Sale SoldSold# Properties Average DOM Average DOM# Properties

    Q4 2010 138 1053,876 1,151

    Q3 2010 155 944,479 1,342

    Q2 2010 167 954,340 1,463

    Q1 2010 181 1033,784 1,103

    Q4 2009 192 953,626 1,368

    Q3 2009 185 974,114 1,456

    Q2 2009 191 1074,177 1,477

    Q1 2009 201 1084,178 1,172

    Q4 2008 194 994,729 1,512

    Q3 2008 182 945,686 1,447

    Q2 2008 185 1015,533 1,269

    Q1 2008 196 1254,873 709

    Q4 2007 193 1115,052 768

    Clarus MarketMetrics 2 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    17 of 19

    BAREIS MLSP B d

  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    Q4 201096

    Q4 2007116

    %-17%

    Change-19

    Q4 2007 vs. Q4 2010: The average days on market is down 17%The Average Days on Market by Quarter

    BAREIS MLS

    Q4 2007 vs. Q4 2010

    Pam Buda

    Clarus MarketMetrics 1 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:SonomaResidential: (Single Family, Condo/Coop, Farms/Ranches)Period: All All

    Property Types:Counties:

    AllConstruction Type:Price: Lot Size:Bedrooms:3 years (quarterly)BAREIS

    18 of 19

    BAREIS MLSPam Buda

  • 8/7/2019 Sonoma County Home Sales Trends 2007 through 2010, by quarter

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    The Average Days on Market by QuarterQ4 2007 vs. Q4 2010: The average days on market is down 17%

    BAREIS MLS Pam Buda

    Time Period # UC UnitsAverage DOM

    Q4 2010 1,19396

    Q3 2010 1,31398

    Q2 2010 1,43795

    Q1 2010 1,21992

    Q4 2009 1,19097

    Q3 2009 1,44096

    Q2 2009 1,512111

    Q1 2009 1,378113

    Q4 2008 1,335101

    Q3 2008 1,55496

    Q2 2008 1,42099

    Q1 2008 937121

    Q4 2007 699116

    Clarus MarketMetrics 2 of 2 01/24/2011Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

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