sonoma county home sales trends october 2010

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  • 8/8/2019 Sonoma County Home Sales Trends October 2010

    1/21

    Oct-10

    315,000

    Oct-09

    345,000

    %

    -9%

    Change

    -30,000

    Oct-09 vs. Oct-10: The median sold price is down 9%Median Sold Price by Month

    BAREIS MLS

    Oct-09 vs. Oct-10

    Pam Buda

    Clarus MarketMetrics 1 of 2 11/15/2010

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    1 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

    2/21

    Median Sold Price by MonthOct-09 vs. Oct-10: The median sold price is down 9%

    BAREIS MLSPam Buda

    Time Period Median Price # Units Average DOMOct-10 315,000 358 107

    Sep-10 343,475 452 97

    Aug-10 347,000 463 97

    Jul-10 340,000 425 89

    Jun-10 335,000 538 94

    May-10 348,000 473 100

    Apr-10 325,000 452 91

    Mar-10 322,500 435 94Feb-10 328,475 360 104

    Jan-10 339,000 309 112

    Dec-09 341,500 456 91

    Nov-09 332,000 439 99

    Oct-09 345,000 475 96

    Clarus MarketMetrics 2 of 2 11/15/2010

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

    2 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

    3/21

    Oct-09 vs. Oct-10: The median price of for sale properties is down 6% and the median price of sold properties is down 9%

    BAREIS MLS

    Oct-09 vs. Oct-10

    426,700 -6%

    Pam Buda

    399,000

    Oct-10

    Median For Sale vs. Median Sold

    ChangeOct-09 %

    -27,700

    Oct-09 Oct-10 %

    345,000 -9%

    Oct-09 vs. Oct-10

    315,000

    Change

    -30,000

    Clarus MarketMetrics 1 of 2 11/15/2010

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    3 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

    4/21

    Median For Sale vs. Median SoldOct-09 vs. Oct-10: The median price of for sale properties is down 6% and the median price of sold properties is down 9%

    BAREIS MLSPam Buda

    Time Period For SaleMedian SoldMedianFor Sale # Properties # PropertiesSold Price

    Difference

    Oct-10 2,823 358399,000 315,000 -84,000

    Sep-10 3,028 452399,000 343,475 -55,525

    Aug-10 3,117 463399,000 347,000 -52,000

    Jul-10 3,071 425399,900 340,000 -59,900

    Jun-10 2,990 538399,000 335,000 -64,000

    May-10 2,808 473399,000 348,000 -51,000

    Apr-10 2,867 452380,000 325,000 -55,000

    Mar-10 2,693 435375,000 322,500 -52,500

    Feb-10 2,364 360369,000 328,475 -40,525

    Jan-10 2,318 309370,000 339,000 -31,000

    Dec-09 2,342 456379,000 341,500 -37,500

    Nov-09 2,467 439410,000 332,000 -78,000

    Oct-09 2,674 475426,700 345,000 -81,700

    Clarus MarketMetrics

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

    2 of 2 11/15/2010

    4 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

    5/21

    Oct-10

    358

    Oct-09

    475

    %

    -25%

    Change

    -117

    Oct-09 vs. Oct-10: The number of Sold properties is down 25%Sold Properties by Month

    BAREIS MLS

    Oct-09 vs. Oct-10

    Pam Buda

    Clarus MarketMetrics 1 of 2 11/15/2010

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    5 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Sold Properties by MonthOct-09 vs. Oct-10: The number of Sold properties is down 25%

    BAREIS MLSPam Buda

    Time Period

    Full Market

    # Properties Median Price Average DOM

    Bank Properties

    # Properties % Bank Median Price

    Non-Bank Properties

    # Properties % Non-Bank Median Price

    Oct-10 315,000358 107 170 47.5 276,500 188 52.5 395,000

    Sep-10 343,475452 97 207 45.8 270,000 245 54.2 398,000

    Aug-10 347,000463 97 193 41.7 275,000 270 58.3 417,500

    Jul-10 340,000425 89 185 43.5 279,000 240 56.5 400,000

    Jun-10 335,000538 94 235 43.7 274,000 303 56.3 389,000

    May-10 348,000473 100 234 49.5 300,000 239 50.5 385,000

    Apr-10 325,000452 91 225 49.8 272,000 227 50.2 395,000

    Mar-10 322,500435 94 236 54.2 286,100 199 45.8 375,000Feb-10 328,475360 104 197 54.7 266,000 163 45.3 419,000

    Jan-10 339,000309 112 170 55.0 280,500 139 45.0 420,000

    Dec-09 341,500456 91 244 53.5 275,000 212 46.5 419,950

    Nov-09 332,000439 99 215 49.0 275,000 224 51.0 399,000

    Oct-09 345,000475 96 217 45.7 280,375 258 54.3 412,495

    Clarus MarketMetrics 2 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    6 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Oct-10

    303

    Oct-09

    200

    %

    +52%

    Change

    103

    Oct-09 vs. Oct-10: The number of Under Contract bank properties is up 52%Under Contract Properties by Month (Bank)

    BAREIS MLS

    Oct-09 vs. Oct-10

    Pam Buda

    Clarus MarketMetrics 1 of 2 11/15/2010

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    7 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Under Contract Properties by Month (Bank)Oct-09 vs. Oct-10: The number of Under Contract bank properties is up 52%

    BAREIS MLSPam Buda

    Time Period

    Full Market

    # Properties Median Price Average DOM

    Bank Properties

    # Properties % Bank Median Price

    Non-Bank Properties

    # Properties % Non-Bank Median PriceOct-10 299,975488 80 409,00037.9185275,00062.1303

    Sep-10 320,000455 94 398,75043.1196291,90056.9259

    Aug-10 349,000466 94 419,00052.1243285,00047.9223

    Jul-10 359,000491 89 402,50057.4282299,90042.6209

    Jun-10 339,250460 96 419,50052.0239279,90048.0221

    May-10 334,750428 89 415,00056.8243259,00043.2185

    Apr-10 325,000567 94 371,75051.9294279,00048.1273

    Mar-10 339,000477 88 375,00051.4245284,90048.6232Feb-10 329,900375 89 399,00046.9176279,00053.1199

    Jan-10 339,900373 100 419,00049.6185264,25050.4188

    Dec-09 325,000359 104 415,00041.0147260,95059.0212

    Nov-09 334,950371 96 419,90048.0178270,00052.0193

    Oct-09 345,000461 92 416,43256.6261262,37543.4200

    Clarus MarketMetrics 2 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    8 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Oct-10

    543

    Oct-09

    631

    %

    -14%

    Change

    -88

    Oct-09 vs. Oct-10: The number of New properties is down 14%New Properties by Month

    BAREIS MLS

    Oct-09 vs. Oct-10

    Pam Buda

    Clarus MarketMetrics 1 of 2 11/15/2010

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    9 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

    10/21

    New Properties by MonthOct-09 vs. Oct-10: The number of New properties is down 14%

    BAREIS MLSPam Buda

    Time Period # Properties

    Full Market

    Median Price

    Bank Properties

    # Properties % Bank Median Price

    Non-Bank Properties

    # Properties % Non-Bank Median PriceOct-10 327,000543 274 50.5 274,900 269 49.5 445,000

    Sep-10 349,000645 299 46.4 284,900 346 53.6 442,000

    Aug-10 337,000734 347 47.3 268,900 387 52.7 435,000

    Jul-10 375,000763 314 41.1 285,000 449 58.9 467,000

    Jun-10 374,850786 318 40.5 278,450 468 59.5 499,000

    May-10 390,000677 257 38.0 279,000 420 62.0 499,750

    Apr-10 359,950847 329 38.8 279,000 518 61.2 435,000

    Mar-10 363,250840 370 44.0 286,800 470 56.0 469,250Feb-10 349,500623 287 46.1 299,000 336 53.9 415,000

    Jan-10 349,000578 291 50.4 279,000 287 49.6 459,900

    Dec-09 299,000458 303 66.2 269,000 155 33.8 375,000

    Nov-09 339,000493 251 50.9 285,000 242 49.1 399,900

    Oct-09 339,950631 299 47.4 255,000 332 52.6 425,000

    Clarus MarketMetrics 2 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    10 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

    11/21

    Oct-10

    2,823

    Oct-09

    2,674

    %

    +6%

    Change

    149

    Oct-09 vs. Oct-10: The number of For Sale properties is up 6%For Sale Properties by Month

    BAREIS MLS

    Oct-09 vs. Oct-10

    Pam Buda

    Clarus MarketMetrics 1 of 2 11/15/2010

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    11 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    For Sale Properties by MonthOct-09 vs. Oct-10: The number of For Sale properties is up 6%

    BAREIS MLSPam Buda

    # PropertiesTime Period

    Full Market

    # Properties Median Price Average DOM

    Bank Properties Non-Bank Properties

    % Bank Median Price # Properties % Non-Bank Median PriceOct-10 399,0002,823 129 1,113 39.4 275,000 1,710 60.6 547,000

    Sep-10 399,0003,028 144 1,206 39.8 279,000 1,822 60.2 549,000

    Aug-10 399,0003,117 155 1,238 39.7 279,900 1,879 60.3 549,000

    Jul-10 399,9003,071 166 1,197 39.0 284,900 1,874 61.0 549,250

    Jun-10 399,0002,990 177 1,196 40.0 280,000 1,794 60.0 550,000

    May-10 399,0002,808 186 1,149 40.9 279,900 1,659 59.1 549,000

    Apr-10 380,0002,867 189 1,254 43.7 282,000 1,613 56.3 525,000

    Mar-10 375,0002,693 197 1,251 46.5 285,000 1,442 53.5 525,000Feb-10 369,0002,364 210 1,149 48.6 282,000 1,215 51.4 525,000

    Jan-10 370,0002,318 222 1,136 49.0 279,000 1,182 51.0 575,000

    Dec-09 379,0002,342 227 1,122 47.9 275,000 1,220 52.1 599,000

    Nov-09 410,0002,467 226 1,076 43.6 279,250 1,391 56.4 619,000

    Oct-09 426,7002,674 220 1,094 40.9 275,000 1,580 59.1 615,000

    Clarus MarketMetrics 2 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    12 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Oct-10

    322

    Oct-09

    239

    %

    +35%

    Change

    83

    Oct-09 vs. Oct-10: The number of Expired properties is up 35%Expired Properties by Month

    BAREIS MLS

    Oct-09 vs. Oct-10

    Pam Buda

    Clarus MarketMetrics 1 of 2 11/15/2010

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

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    13 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Expired Properties by MonthOct-09 vs. Oct-10: The number of Expired properties is up 35%

    BAREIS MLSPam Buda

    Time Period Median Price# Properties Average DOM

    Full Market

    # Properties % Bank Median Price Median Price# Properties

    Bank Properties

    % Non-Bank

    Non-Bank Properties

    Oct-10 409,500322 165 119 37.0 249,000 203 63.0 549,000

    Sep-10 425,000293 150 108 36.9 277,000 185 63.1 560,000

    Aug-10 353,750268 126 108 40.3 280,000 160 59.7 498,000

    Jul-10 395,000197 140 97 49.2 270,000 100 50.8 656,950

    Jun-10 424,000222 156 92 41.4 279,000 130 58.6 635,000

    May-10 374,975176 132 86 48.9 289,450 90 51.1 539,500

    Apr-10 427,000169 179 89 52.7 339,900 80 47.3 699,000

    Mar-10 394,750196 159 94 48.0 290,000 102 52.0 577,000Feb-10 380,000136 154 69 50.7 299,000 67 49.3 525,000

    Jan-10 454,000204 200 86 42.2 249,950 118 57.8 769,593

    Dec-09 550,000243 161 65 26.8 269,900 178 73.2 674,500

    Nov-09 599,475212 169 64 30.2 360,000 148 69.8 797,000

    Oct-09 538,000239 169 69 28.9 271,000 170 71.1 684,500

    Clarus MarketMetrics 2 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    14 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

    15/21

    Oct-09 vs. Oct-10: The number of for sale properties is up 6% and the number of sold properties is down 25%

    BAREIS MLS

    Oct-09 vs. Oct-10

    2,674 +6%

    Pam Buda

    2,823

    Oct-10

    Supply & Demand by Month

    ChangeOct-09 %

    149

    Oct-09 Oct-10 %

    475 -25%

    Oct-09 vs. Oct-10

    358

    Change

    -117

    Clarus MarketMetrics 1 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    15 of 21

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Supply & Demand by MonthOct-09 vs. Oct-10: The number of for sale properties is up 6% and the number of sold properties is down 25%

    Pam Buda BAREIS MLS

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

    Oct-10 129 1072,823 358

    Sep-10 144 973,028 452

    Aug-10 155 973,117 463

    Jul-10 166 893,071 425

    Jun-10 177 942,990 538

    May-10 186 1002,808 473

    Apr-10 189 912,867 452

    Mar-10 197 942,693 435

    Feb-10 210 1042,364 360

    Jan-10 222 1122,318 309

    Dec-09 227 912,342 456

    Nov-09 226 992,467 439

    Oct-09 220 962,674 475

    Clarus MarketMetrics 2 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    16 of 21

    BAREIS MLSP B d

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Oct-10

    80

    Oct-09

    92

    %

    -13%

    Change

    -12

    Oct-09 vs. Oct-10: The average days on market is down 13%The Average Days on Market by Month

    BAREIS MLS

    Oct-09 vs. Oct-10

    Pam Buda

    Clarus MarketMetrics 1 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    17 of 21

    BAREIS MLSPam Buda

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    The Average Days on Market by MonthOct-09 vs. Oct-10: The average days on market is down 13%

    BAREIS MLSPam Buda

    Time Period # UC UnitsAverage DOM

    Oct-10 48880

    Sep-10 45594

    Aug-10 46694

    Jul-10 49189

    Jun-10 46096

    May-10 42889

    Apr-10 56794

    Mar-10 47788

    Feb-10 37589

    Jan-10 373100

    Dec-09 359104

    Nov-09 37196

    Oct-09 46192

    Clarus MarketMetrics 2 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    18 of 21

    BAREIS MLSPam Buda

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Oct-09 vs. Oct-10: The average months supply of inventory is down 4%

    BAREIS MLS

    Oct-09 vs. Oct-10

    4.3 -4%

    Pam Buda

    4.1

    Oct-10

    Months Supply of Inventory

    ChangeOct-09 %

    -0.2

    Clarus MarketMetrics 1 of 2 11/15/2010Information not guaranteed. 2009-2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

    AllBathrooms:MLS: AllAll

    Sq Ft:

    Sonoma

    Residential: (Single Family, Condo/Coop, Farms/Ranches)

    Period: All All

    Property Types:

    Counties:

    All

    Construction Type:Price: Lot Size:Bedrooms:1 year (monthly)BAREIS

    19 of 21

    Pam Buda BAREIS MLS

  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    Months Supply of InventoryOct-09 vs. Oct-10: The average months supply of inventory is down 4%

    Pam Buda BAREIS MLS

    Time Period During MonthLast Day of Month DOMMSI# Units For Sale # UC Units UC Average

    Oct-10 488 802,013 4.1

    Sep-10 455 942,280 5.0

    Aug-10 466 942,383 5.1

    Jul-10 491 892,383 4.9

    Jun-10 460 962,308 5.0

    May-10 428 892,204 5.1

    Apr-10 567 942,131 3.8

    Mar-10 477 882,020 4.2

    Feb-10 375 891,853 4.9

    Jan-10 373 1001,741 4.7

    Dec-09 359 1041,740 4.8

    Nov-09 371 961,884 5.1

    Oct-09 461 921,974 4.3

    Clarus MarketMetrics 2 of 2 11/15/2010

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

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  • 8/8/2019 Sonoma County Home Sales Trends October 2010

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    11/15/2010Clarus MarketMetrics

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

    Pam Buda

    BAREIS MLS

    Market Dynamics

    21 of 21