Market Dynamics

Pam Buda
BAREIS MLS®

Clarus MarketMetrics®

05/24/2012
Information not guaranteed. © 2012 - 2013 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors.td).

1 of 19

Pam Buda

BAREIS MLS®

Median Sold Price by Quarter
Q1 2009 vs. Q1 2012: The median sold price is down 1%

Q1 2009 vs. Q1 2012
Q1 2009
675,000
MLS: BAREIS

Period:

Property Types:

Residential: (Single Family, Farms/Ranches)

Counties:

Sonoma

Clarus MarketMetrics®

3 years (quarterly)

Q1 2012
671,000
Price:

All

Change
-4,000
Construction Type:

All

%
-1%
Bedrooms:

All

Bathrooms:

All

Lot Size: 2-999,999,999
Sq Ft:

1 of 2

All

05/24/2012

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

2 of 19

Pam Buda

BAREIS MLS®

Median Sold Price by Quarter
Q1 2009 vs. Q1 2012: The median sold price is down 1%

Time Period

Median Price

# Units

Average DOM

Q1 2012

671,000

84

145

Q4 2011

702,500

88

120

Q3 2011

750,000

107

126

Q2 2011

740,000

93

156

Q1 2011

730,000

67

170

Q4 2010

777,500

68

124

Q3 2010

777,500

98

119

Q2 2010

875,000

91

156

Q1 2010

788,500

65

160

Q4 2009

701,000

93

127

Q3 2009

735,000

67

145

Q2 2009

850,000

67

153

Q1 2009

675,000

40

146

Clarus MarketMetrics®

2 of 2

05/24/2012

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

3 of 19

Pam Buda

BAREIS MLS®

Median For Sale vs. Median Sold
Q1 09 vs. Q1 12: The median price of for sale properties is down 19% and the median price of sold properties is down 1%

Q1 2009 vs. Q1 2012
Q1 2009
1,225,000

Q1 2012
997,000

Change
-228,000

MLS: BAREIS

Period:

Property Types:

Residential: (Single Family, Farms/Ranches)

Counties:

Sonoma

Clarus MarketMetrics®

Q1 2009 vs. Q1 2012

3 years (quarterly)

Price:

%
-19%
All

Q1 2009
675,000
Construction Type:

All

Bedrooms:

All

Q1 2012
671,000
Bathrooms:

All

Change
-4,000

Lot Size: 2-999,999,999
Sq Ft:

1 of 2

%
-1%

All

05/24/2012

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

4 of 19

Pam Buda

BAREIS MLS®

Median For Sale vs. Median Sold
Q1 09 vs. Q1 12: The median price of for sale properties is down 19% and the median price of sold properties is down 1%
For Sale
Median

# Properties
For Sale

Sold
Median

# Properties
Sold

Price
Difference

Q1 2012

997,000

453

671,000

84

-326,000

Q4 2011

1,030,000

499

702,500

88

-327,500

Q3 2011

999,999

574

750,000

107

-249,999

Q2 2011

1,050,000

553

740,000

93

-310,000

Q1 2011

995,000

426

730,000

67

-265,000

Q4 2010

1,089,000

471

777,500

68

-311,500

Q3 2010

1,100,000

541

777,500

98

-322,500

Q2 2010

1,100,000

522

875,000

91

-224,999

Q1 2010

1,100,000

431

788,500

65

-311,500

Q4 2009

1,204,500

504

701,000

93

-503,500

Q3 2009

1,275,750

571

735,000

67

-540,750

Q2 2009

1,249,250

522

850,000

67

-399,250

Q1 2009

1,225,000

421

675,000

40

-550,000

Time Period

Clarus MarketMetrics®

2 of 2

05/24/2012

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

5 of 19

Pam Buda

BAREIS MLS®

Sold Properties by Quarter
Q1 2009 vs. Q1 2012: The number of Sold properties is up 110%

Q1 2009 vs. Q1 2012
Q1 2009
40
MLS: BAREIS

Period:

Property Types:

Residential: (Single Family, Farms/Ranches)

Counties:

Sonoma

Clarus MarketMetrics®

3 years (quarterly)

Q1 2012
84
Price:

All

Change
44
Construction Type:

All

%
+110%
Bedrooms:

All

Bathrooms:

All

Lot Size: 2-999,999,999
Sq Ft:

1 of 2

All

05/24/2012

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

6 of 19

Pam Buda

BAREIS MLS®

Sold Properties by Quarter
Q1 2009 vs. Q1 2012: The number of Sold properties is up 110%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

Average DOM

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Q1 2012

84

671,000

145

34

40.5

462,500

50

59.5

835,000

Q4 2011

88

702,500

120

30

34.1

523,500

58

65.9

844,000

Q3 2011

107

750,000

126

26

24.3

444,250

81

75.7

829,000

Q2 2011

93

740,000

156

18

19.4

482,875

75

80.7

825,000

Q1 2011

67

730,000

170

28

41.8

568,500

39

58.2

900,000

Q4 2010

68

777,500

124

14

20.6

500,920

54

79.4

910,000

Q3 2010

98

777,500

119

20

20.4

598,700

78

79.6

850,000

Q2 2010

91

875,000

156

27

29.7

548,000

64

70.3

991,750

Q1 2010

65

788,500

160

19

29.2

550,000

46

70.8

849,500

Q4 2009

93

701,000

127

34

36.6

535,500

59

63.4

980,000

Q3 2009

67

735,000

145

17

25.4

660,000

50

74.6

874,500

Q2 2009

67

850,000

153

13

19.4

420,000

54

80.6

920,000

Q1 2009

40

675,000

146

15

37.5

568,500

25

62.5

802,000

Clarus MarketMetrics®

2 of 2

05/24/2012

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

7 of 19

Pam Buda

BAREIS MLS®

Under Contract Properties by Quarter
Q1 2009 vs. Q1 2012: The number of Under Contract properties is up 238%

Q1 2009 vs. Q1 2012
Q1 2009
40
MLS: BAREIS

Period:

Property Types:

Residential: (Single Family, Farms/Ranches)

Counties:

Sonoma

Clarus MarketMetrics®

3 years (quarterly)

Q1 2012
135
Price:

All

Change
95
Construction Type:

All

%
+238%
Bedrooms:

All

Bathrooms:

All

Lot Size: 2-999,999,999
Sq Ft:

1 of 2

All

05/24/2012

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

8 of 19

Pam Buda

BAREIS MLS®

Under Contract Properties by Quarter
Q1 2009 vs. Q1 2012: The number of Under Contract properties is up 238%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

Average DOM

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Q1 2012

135

735,000

160

47

34.8

549,000

88

65.2

969,000

Q4 2011

79

715,000

125

36

45.6

481,450

43

54.4

899,000

Q3 2011

105

795,000

123

23

21.9

580,000

82

78.1

849,000

Q2 2011

109

763,000

137

33

30.3

439,000

76

69.7

1,022,000

Q1 2011

75

799,000

167

25

33.3

585,000

50

66.7

899,000

Q4 2010

61

799,000

157

16

26.2

479,900

45

73.8

1,149,000

Q3 2010

90

777,000

99

17

18.9

507,960

73

81.1

889,000

Q2 2010

92

899,000

132

17

18.5

564,900

75

81.5

995,000

Q1 2010

67

799,000

186

26

38.8

584,550

41

61.2

899,950

Q4 2009

93

899,500

135

29

31.2

549,900

64

68.8

1,012,000

Q3 2009

74

724,000

148

28

37.8

578,375

46

62.2

829,000

Q2 2009

78

894,000

145

15

19.2

650,000

63

80.8

995,000

Q1 2009

40

736,500

156

12

30.0

474,500

28

70.0

824,500

Clarus MarketMetrics®

2 of 2

05/24/2012

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

9 of 19

Pam Buda

BAREIS MLS®

New Properties by Quarter
Q1 2009 vs. Q1 2012: The number of New properties is up 15%

Q1 2009 vs. Q1 2012
Q1 2009
149
MLS: BAREIS

Period:

Property Types:

Residential: (Single Family, Farms/Ranches)

Counties:

Sonoma

Clarus MarketMetrics®

3 years (quarterly)

Q1 2012
171
Price:

All

Change
22
Construction Type:

All

%
+15%
Bedrooms:

All

Bathrooms:

All

Lot Size: 2-999,999,999
Sq Ft:

1 of 2

All

05/24/2012

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

10 of 19

Pam Buda

BAREIS MLS®

New Properties by Quarter
Q1 2009 vs. Q1 2012: The number of New properties is up 15%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Q1 2012

171

849,000

42

24.6

489,486

129

75.4

1,095,000

Q4 2011

120

834,000

34

28.3

532,450

86

71.7

1,162,500

Q3 2011

197

895,000

43

21.8

580,000

154

78.2

995,000

Q2 2011

275

999,000

41

14.9

599,000

234

85.1

1,247,000

Q1 2011

159

995,000

35

22.0

595,000

124

78.0

1,195,000

Q4 2010

104

749,000

38

36.5

449,950

66

63.5

899,495

Q3 2010

185

975,000

31

16.8

515,900

154

83.2

1,181,950

Q2 2010

233

995,000

24

10.3

547,500

209

89.7

1,008,000

Q1 2010

165

1,059,000

38

23.0

662,991

127

77.0

1,185,000

Q4 2009

121

895,000

44

36.4

579,350

77

63.6

999,000

Q3 2009

205

1,195,000

28

13.7

551,950

177

86.3

1,295,000

Q2 2009

219

1,200,000

23

10.5

595,000

196

89.5

1,350,000

Q1 2009

149

1,199,900

28

18.8

707,450

121

81.2

1,399,000

Clarus MarketMetrics®

2 of 2

05/24/2012

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

11 of 19

Pam Buda

BAREIS MLS®

For Sale Properties by Quarter
Q1 2009 vs. Q1 2012: The number of For Sale properties is up 8%

Q1 2009 vs. Q1 2012
Q1 2009
421
MLS: BAREIS

Period:

Property Types:

Residential: (Single Family, Farms/Ranches)

Counties:

Sonoma

Clarus MarketMetrics®

3 years (quarterly)

Q1 2012
453
Price:

All

Change
32
Construction Type:

All

%
+8%
Bedrooms:

All

Bathrooms:

All

Lot Size: 2-999,999,999
Sq Ft:

1 of 2

All

05/24/2012

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

12 of 19

Pam Buda

BAREIS MLS®

For Sale Properties by Quarter
Q1 2009 vs. Q1 2012: The number of For Sale properties is up 8%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

Average DOM

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Q1 2012

453

997,000

182

80

17.7

532,450

373

82.3

1,249,500

Q4 2011

499

1,030,000

192

87

17.4

595,000

412

82.6

1,297,000

Q3 2011

574

999,999

159

87

15.2

599,900

487

84.8

1,250,000

Q2 2011

553

1,050,000

149

93

16.8

595,000

460

83.2

1,247,250

Q1 2011

426

995,000

186

84

19.7

592,500

342

80.3

1,195,000

Q4 2010

471

1,089,000

208

78

16.6

580,000

393

83.4

1,250,000

Q3 2010

541

1,100,000

163

67

12.4

629,933

474

87.6

1,246,000

Q2 2010

522

1,100,000

152

68

13.0

674,450

454

87.0

1,195,000

Q1 2010

431

1,100,000

185

79

18.3

680,000

352

81.7

1,292,250

Q4 2009

504

1,204,500

186

78

15.5

633,700

426

84.5

1,395,000

Q3 2009

571

1,275,750

160

74

13.0

679,450

497

87.0

1,395,000

Q2 2009

522

1,249,250

159

74

14.2

750,000

448

85.8

1,385,000

Q1 2009

421

1,225,000

180

70

16.6

712,400

351

83.4

1,399,000

Clarus MarketMetrics®

2 of 2

05/24/2012

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

13 of 19

Pam Buda

BAREIS MLS®

Expired Properties by Quarter
Q1 2009 vs. Q1 2012: The number of Expired properties is down 21%

Q1 2009 vs. Q1 2012
Q1 2009
78
MLS: BAREIS

Period:

Property Types:

Residential: (Single Family, Farms/Ranches)

Counties:

Sonoma

Clarus MarketMetrics®

3 years (quarterly)

Q1 2012
62
Price:

All

Change
-16
Construction Type:

All

%
-21%
Bedrooms:

All

Bathrooms:

All

Lot Size: 2-999,999,999
Sq Ft:

1 of 2

All

05/24/2012

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

14 of 19

Pam Buda

BAREIS MLS®

Expired Properties by Quarter
Q1 2009 vs. Q1 2012: The number of Expired properties is down 21%
Full Market
Time Period

Bank Properties

Non-Bank Properties

# Properties

Median Price

Average DOM

# Properties

% Bank

Median Price

# Properties

% Non-Bank

Median Price

Q1 2012

62

1,299,750

211

7

11.3

475,000

55

88.7

1,625,000

Q4 2011

138

1,299,500

207

13

9.4

699,000

125

90.6

1,399,000

Q3 2011

90

1,262,500

182

11

12.2

495,000

79

87.8

1,375,000

Q2 2011

67

1,095,000

216

16

23.9

624,998

51

76.1

1,195,000

Q1 2011

73

1,195,000

223

7

9.6

699,000

66

90.4

1,247,250

Q4 2010

143

1,395,000

239

13

9.1

799,000

130

90.9

1,495,000

Q3 2010

84

1,220,000

157

10

11.9

843,928

74

88.1

1,249,500

Q2 2010

74

1,190,000

193

15

20.3

988,855

59

79.7

1,295,000

Q1 2010

75

999,999

266

9

12.0

795,000

66

88.0

1,159,000

Q4 2009

145

1,499,000

189

8

5.5

724,500

137

94.5

1,599,000

Q3 2009

114

1,362,500

169

12

10.5

754,450

102

89.5

1,462,500

Q2 2009

78

1,199,950

206

13

16.7

599,000

65

83.3

1,399,000

Q1 2009

78

1,472,500

222

7

9.0

599,000

71

91.0

1,500,000

Clarus MarketMetrics®

2 of 2

05/24/2012

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

15 of 19

Pam Buda

BAREIS MLS®

Supply & Demand by Quarter
Q1 2009 vs. Q1 2012: The number of for sale properties is up 8% and the number of sold properties is up 110%

Q1 2009 vs. Q1 2012
Q1 2009
421

Q1 2012
453

Change
32

MLS: BAREIS

Period:

Property Types:

Residential: (Single Family, Farms/Ranches)

Counties:

Sonoma

Clarus MarketMetrics®

Q1 2009 vs. Q1 2012

3 years (quarterly)

Price:

%
+8%
All

Q1 2009
40
Construction Type:

All

Bedrooms:

All

Q1 2012
84
Bathrooms:

All

Change
44

Lot Size: 2-999,999,999
Sq Ft:

1 of 2

%
+110%

All

05/24/2012

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

16 of 19

Pam Buda

BAREIS MLS®

Supply & Demand by Quarter
Q1 2009 vs. Q1 2012: The number of for sale properties is up 8% and the number of sold properties is up 110%
# Properties
For Sale

Average DOM
For Sale

# Properties
Sold

Average DOM
Sold

Q1 2012

453

182

84

145

Q4 2011

499

192

88

120

Q3 2011

574

159

107

126

Q2 2011

553

149

93

156

Q1 2011

426

186

67

170

Q4 2010

471

208

68

124

Q3 2010

541

163

98

119

Q2 2010

522

152

91

156

Q1 2010

431

185

65

160

Q4 2009

504

186

93

127

Q3 2009

571

160

67

145

Q2 2009

522

159

67

153

Q1 2009

421

180

40

146

Time Period

Clarus MarketMetrics®

2 of 2

05/24/2012

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

17 of 19

Pam Buda

BAREIS MLS®

The Average Days on Market by Quarter
Q1 2009 vs. Q1 2012: The average days on market is up 3%

Q1 2009 vs. Q1 2012
Q1 2009
156
MLS: BAREIS

Period:

Property Types:

Residential: (Single Family, Farms/Ranches)

Counties:

Sonoma

Clarus MarketMetrics®

3 years (quarterly)

Q1 2012
160
Price:

All

Change
4
Construction Type:

All

%
+3%
Bedrooms:

All

Bathrooms:

All

Lot Size: 2-999,999,999
Sq Ft:

1 of 2

All

05/24/2012

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

18 of 19

Pam Buda

BAREIS MLS®

The Average Days on Market by Quarter
Q1 2009 vs. Q1 2012: The average days on market is up 3%

Time Period

Average DOM

# UC Units

Q1 2012

160

135

Q4 2011

125

79

Q3 2011

123

105

Q2 2011

137

109

Q1 2011

167

75

Q4 2010

157

61

Q3 2010

99

90

Q2 2010

132

92

Q1 2010

186

67

Q4 2009

135

93

Q3 2009

148

74

Q2 2009

145

78

Q1 2009

156

40

Clarus MarketMetrics®

2 of 2

05/24/2012

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

19 of 19