Market Dynamics

Pam Buda
BAREIS MLS®

Clarus MarketMetrics®

08/10/2012
Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1 of 21

Pam Buda

BAREIS MLS®

Median Sold Price by Month
Jul-11 vs. Jul-12: The median sold price is up 5%

Jul-11 vs. Jul-12
Jul-11
309,500
MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Jul-12
326,200
Price:

All

Change
16,700
Construction Type:

All

%
+5%
Bedrooms:

All

Bathrooms:

All

Lot Size: All
Sq Ft:

1 of 2

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

2 of 21

Pam Buda

BAREIS MLS®

Median Sold Price by Month
Jul-11 vs. Jul-12: The median sold price is up 5%

Time Period

Median Price

# Units

Average DOM

Jul-12

326,200

562

96

Jun-12

332,500

615

95

May-12

307,000

577

100

Apr-12

319,900

499

103

Mar-12

300,000

523

117

Feb-12

299,000

397

117

Jan-12

307,250

384

117

Dec-11

295,000

474

111

Nov-11

297,000

459

112

Oct-11

298,000

488

106

Sep-11

317,500

453

108

Aug-11

314,000

526

102

Jul-11

309,500

466

96

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

3 of 21

Pam Buda

BAREIS MLS®

Median For Sale vs. Median Sold
Jul-11 vs. Jul-12: The median price of for sale properties is up 24% and the median price of sold properties is up 5%

Jul-11 vs. Jul-12
Jul-11
364,000

Jul-12
450,000

Change
86,000

%
+24%

MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Jul-11 vs. Jul-12

Price:

All

Jul-11
309,500
Construction Type:

All

Bedrooms:

All

Jul-12
326,200
Bathrooms:

All

Change
16,700
Lot Size: All
Sq Ft:

1 of 2

%
+5%

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

4 of 21

Pam Buda

BAREIS MLS®

Median For Sale vs. Median Sold
Jul-11 vs. Jul-12: The median price of for sale properties is up 24% and the median price of sold properties is up 5%
For Sale
Median

# Properties
For Sale

Sold
Median

# Properties
Sold

Price
Difference

Jul-12

450,000

1,844

326,200

562

-123,800

Jun-12

425,000

1,974

332,500

615

-92,500

May-12

400,000

2,071

307,000

577

-93,000

Apr-12

375,000

2,068

319,900

499

-55,100

Mar-12

356,250

2,123

300,000

523

-56,250

Feb-12

349,700

2,112

299,000

397

-50,700

Jan-12

349,000

2,170

307,250

384

-41,750

Dec-11

349,000

2,290

295,000

474

-54,000

Nov-11

352,750

2,604

297,000

459

-55,750

Oct-11

359,000

2,811

298,000

488

-61,000

Sep-11

359,000

2,945

317,500

453

-41,500

Aug-11

359,500

3,036

314,000

526

-45,500

Jul-11

364,000

3,019

309,500

466

-54,500

Time Period

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

5 of 21

Pam Buda

BAREIS MLS®

Sold Properties by Month
Jul-11 vs. Jul-12: The number of Sold properties is up 21%

Jul-11 vs. Jul-12
Jul-11
466

Jul-12
562

MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Price:

All

Change
96
Construction Type:

All

%
+21%
Bedrooms:

All

Bathrooms:

All

Lot Size: All
Sq Ft:

1 of 2

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

6 of 21

Pam Buda

BAREIS MLS®

Sold Properties by Month
Jul-11 vs. Jul-12: The number of Sold properties is up 21%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

Average DOM

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Jul-12

562

326,200

96

227

40.4

265,000

335

59.6

375,000

Jun-12

615

332,500

95

250

40.6

252,275

365

59.4

389,000

May-12

577

307,000

100

262

45.4

250,000

315

54.6

365,000

Apr-12

499

319,900

103

221

44.3

259,900

278

55.7

373,200

Mar-12

523

300,000

117

283

54.1

258,000

240

45.9

375,000

Feb-12

397

299,000

117

205

51.6

250,000

192

48.4

353,000

Jan-12

384

307,250

117

222

57.8

270,000

162

42.2

350,000

Dec-11

474

295,000

111

246

51.9

235,755

228

48.1

360,750

Nov-11

459

297,000

112

241

52.5

256,000

218

47.5

354,975

Oct-11

488

298,000

106

250

51.2

237,250

238

48.8

355,000

Sep-11

453

317,500

108

221

48.8

252,000

232

51.2

385,000

Aug-11

526

314,000

102

227

43.2

252,000

299

56.8

360,000

Jul-11

466

309,500

96

213

45.7

240,000

253

54.3

362,500

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

7 of 21

Pam Buda

BAREIS MLS®

Under Contract Properties by Month
Jul-11 vs. Jul-12: The number of Under Contract properties is up 33%

Jul-11 vs. Jul-12
Jul-11
477

Jul-12
636

MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Price:

All

Change
159
Construction Type:

All

%
+33%
Bedrooms:

All

Bathrooms:

All

Lot Size: All
Sq Ft:

1 of 2

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

8 of 21

Pam Buda

BAREIS MLS®

Under Contract Properties by Month
Jul-11 vs. Jul-12: The number of Under Contract properties is up 33%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

Average DOM

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Jul-12

636

359,475

63

230

36.2

272,500

406

63.8

422,387

Jun-12

582

337,000

75

229

39.4

259,000

353

60.6

399,000

May-12

635

339,000

77

269

42.4

260,000

366

57.6

399,000

Apr-12

614

319,000

89

285

46.4

249,900

329

53.6

375,000

Mar-12

584

299,925

107

289

49.5

250,000

295

50.5

386,000

Feb-12

521

299,000

114

284

54.5

264,950

237

45.5

374,900

Jan-12

483

306,850

130

276

57.1

260,000

207

42.9

389,000

Dec-11

419

293,100

114

259

61.8

249,000

160

38.2

369,500

Nov-11

443

299,900

114

232

52.4

253,500

211

47.6

395,000

Oct-11

478

300,000

115

253

52.9

252,500

225

47.1

375,000

Sep-11

486

309,450

111

243

50.0

240,000

243

50.0

359,500

Aug-11

500

306,700

104

249

49.8

249,900

251

50.2

399,000

Jul-11

477

314,900

102

207

43.4

256,900

270

56.6

369,000

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

9 of 21

Pam Buda

BAREIS MLS®

New Properties by Month
Jul-11 vs. Jul-12: The number of New properties is down 13%

Jul-11 vs. Jul-12
Jul-11
654

Jul-12
572

MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Price:

All

Change
-82
Construction Type:

All

%
-13%
Bedrooms:

All

Bathrooms:

All

Lot Size: All
Sq Ft:

1 of 2

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

10 of 21

Pam Buda

BAREIS MLS®

New Properties by Month
Jul-11 vs. Jul-12: The number of New properties is down 13%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Jul-12

572

375,000

172

30.1

267,000

400

69.9

448,500

Jun-12

655

374,950

193

29.5

282,500

462

70.5

416,500

May-12

725

379,000

245

33.8

265,000

480

66.2

449,000

Apr-12

643

350,000

217

33.8

250,000

426

66.2

429,000

Mar-12

657

344,900

262

39.9

250,000

395

60.1

409,000

Feb-12

593

319,900

291

49.1

265,000

302

50.9

435,000

Jan-12

538

325,000

268

49.8

264,900

270

50.2

412,475

Dec-11

366

289,000

213

58.2

249,000

153

41.8

349,950

Nov-11

516

299,000

300

58.1

249,700

216

41.9

449,000

Oct-11

572

325,000

282

49.3

250,500

290

50.7

409,500

Sep-11

620

322,000

298

48.1

249,950

322

51.9

399,000

Aug-11

674

309,900

317

47.0

240,000

357

53.0

419,000

Jul-11

654

329,000

272

41.6

255,750

382

58.4

402,475

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

11 of 21

Pam Buda

BAREIS MLS®

For Sale Properties by Month
Jul-11 vs. Jul-12: The number of For Sale properties is down 39%

Jul-11 vs. Jul-12
Jul-11
3,019

Jul-12
1,844

MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Price:

All

Change
-1,175
Construction Type:

All

%
-39%
Bedrooms:

All

Bathrooms:

All

Lot Size: All
Sq Ft:

1 of 2

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

12 of 21

Pam Buda

BAREIS MLS®

For Sale Properties by Month
Jul-11 vs. Jul-12: The number of For Sale properties is down 39%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

Average DOM

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Jul-12

1,844

450,000

98

460

24.9

285,000

1,384

75.0

549,950

Jun-12

1,974

425,000

99

562

28.5

275,000

1,412

71.5

534,000

May-12

2,071

400,000

100

694

33.5

269,000

1,377

66.5

529,500

Apr-12

2,068

375,000

107

777

37.6

264,900

1,291

62.4

500,000

Mar-12

2,123

356,250

114

904

42.6

260,000

1,219

57.4

499,000

Feb-12

2,112

349,700

122

976

46.2

261,300

1,136

53.8

499,000

Jan-12

2,170

349,000

134

1,029

47.4

260,000

1,141

52.6

495,000

Dec-11

2,290

349,000

140

1,090

47.6

259,000

1,200

52.4

499,694

Nov-11

2,604

352,750

130

1,175

45.1

255,000

1,429

54.9

524,900

Oct-11

2,811

359,000

127

1,205

42.9

259,000

1,606

57.1

499,900

Sep-11

2,945

359,000

123

1,244

42.2

253,000

1,701

57.8

499,000

Aug-11

3,036

359,500

119

1,265

41.7

250,000

1,771

58.3

499,000

Jul-11

3,019

364,000

116

1,226

40.6

255,000

1,793

59.4

499,000

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

13 of 21

Pam Buda

BAREIS MLS®

Expired Properties by Month
Jul-11 vs. Jul-12: The number of Expired properties is down 33%

Jul-11 vs. Jul-12
Jul-11
180

Jul-12
121

MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Price:

All

Change
-59
Construction Type:

All

%
-33%
Bedrooms:

All

Bathrooms:

All

Lot Size: All
Sq Ft:

1 of 2

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

14 of 21

Pam Buda

BAREIS MLS®

Expired Properties by Month
Jul-11 vs. Jul-12: The number of Expired properties is down 33%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

Average DOM

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Jul-12

121

399,000

147

45

37.2

289,900

76

62.8

537,000

Jun-12

120

377,500

141

45

37.5

250,000

75

62.5

533,000

May-12

117

399,000

123

56

47.9

272,450

61

52.1

544,000

Apr-12

108

394,998

169

43

39.8

265,000

65

60.2

549,900

Mar-12

114

342,000

149

55

48.2

250,000

59

51.8

517,500

Feb-12

125

425,000

152

50

40.0

219,450

75

60.0

537,900

Jan-12

168

382,000

164

68

40.5

252,000

100

59.5

499,000

Dec-11

239

472,200

183

70

29.3

269,950

169

70.7

625,000

Nov-11

236

535,000

154

66

28.0

243,475

170

72.0

642,000

Oct-11

246

422,000

158

77

31.3

259,000

169

68.7

565,000

Sep-11

220

402,250

151

78

35.5

242,325

142

64.5

537,000

Aug-11

211

395,000

156

70

33.2

250,000

141

66.8

489,500

Jul-11

180

375,000

145

71

39.4

240,000

109

60.6

499,000

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

15 of 21

Pam Buda

BAREIS MLS®

Supply & Demand by Month
Jul-11 vs. Jul-12: The number of for sale properties is down 39% and the number of sold properties is up 21%

Jul-11 vs. Jul-12
Jul-11
3,019

Jul-12
1,844

Change
-1,175

%
-39%

MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Jul-11 vs. Jul-12

Price:

All

Jul-11
466
Construction Type:

All

Bedrooms:

All

Jul-12
562
Bathrooms:

Change
96
All

Lot Size: All
Sq Ft:

1 of 2

%
+21%

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

16 of 21

Pam Buda

BAREIS MLS®

Supply & Demand by Month
Jul-11 vs. Jul-12: The number of for sale properties is down 39% and the number of sold properties is up 21%
# Properties
For Sale

Average DOM
For Sale

# Properties
Sold

Average DOM
Sold

Jul-12

1,844

98

562

96

Jun-12

1,974

99

615

95

May-12

2,071

100

577

100

Apr-12

2,068

107

499

103

Mar-12

2,123

114

523

117

Feb-12

2,112

122

397

117

Jan-12

2,170

134

384

117

Dec-11

2,290

140

474

111

Nov-11

2,604

130

459

112

Oct-11

2,811

127

488

106

Sep-11

2,945

123

453

108

Aug-11

3,036

119

526

102

Jul-11

3,019

116

466

96

Time Period

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

17 of 21

Pam Buda

BAREIS MLS®

The Average Days on Market by Month
Jul-11 vs. Jul-12: The average days on market is down 38%

Jul-11 vs. Jul-12
Jul-11
102

Jul-12
63

MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Price:

All

Change
-39
Construction Type:

All

%
-38%
Bedrooms:

All

Bathrooms:

All

Lot Size: All
Sq Ft:

1 of 2

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

18 of 21

Pam Buda

BAREIS MLS®

The Average Days on Market by Month
Jul-11 vs. Jul-12: The average days on market is down 38%

Time Period

Average DOM

# UC Units

Jul-12

63

636

Jun-12

75

582

May-12

77

635

Apr-12

89

614

Mar-12

107

584

Feb-12

114

521

Jan-12

130

483

Dec-11

114

419

Nov-11

114

443

Oct-11

115

478

Sep-11

111

486

Aug-11

104

500

Jul-11

102

477

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

19 of 21

Pam Buda

BAREIS MLS®

Months Supply of Inventory
Jul-11 vs. Jul-12: The average months supply of inventory is down 65%

Jul-11 vs. Jul-12
Jul-11
5.0

Jul-12
1.7

MLS: BAREIS

Period:

Property Types:

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

Counties:

Sonoma

Clarus MarketMetrics®

1 year (monthly)

Price:

All

Change
-3.2
Construction Type:

All

%
-65%
Bedrooms:

All

Bathrooms:

All

Lot Size: All
Sq Ft:

1 of 2

All

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

20 of 21

Pam Buda

BAREIS MLS®

Months Supply of Inventory
Jul-11 vs. Jul-12: The average months supply of inventory is down 65%

Time Period

# Units For Sale
Last Day of Month

# UC Units
During Month

MSI

UC Average
DOM

Jul-12

1,087

636

1.7

63

Jun-12

1,272

582

2.2

75

May-12

1,319

635

2.1

77

Apr-12

1,346

614

2.2

89

Mar-12

1,425

584

2.4

107

Feb-12

1,466

521

2.8

114

Jan-12

1,519

483

3.1

130

Dec-11

1,632

419

3.9

114

Nov-11

1,925

443

4.3

114

Oct-11

2,088

478

4.4

115

Sep-11

2,239

486

4.6

111

Aug-11

2,326

500

4.7

104

Jul-11

2,362

477

5.0

102

Clarus MarketMetrics®

2 of 2

08/10/2012

Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

21 of 21