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www.zillow.com/research/ APRIL2019 Santa Rosa Metro National Home Values Current: $226,800 Monthly Change: -0.1% Quarterly Change: 0.4% Annual Change: 6.1% Negative Equity*: 8.2% Santa Rosa Home Values Current: $625,800 Monthly Change: -0.5% Quarterly Change: -1.9% Annual Change: -0.8% Negative Equity*: 3.3% Home Values Forecast (next 12 months) National: 2.8% Santa Rosa Metro: -2.8% Major Cities - Home Values Santa Rosa Current: $573,900 Monthly Change: -0.5% Annual Change: 0.2% Petaluma Current: $695,300 Monthly Change: -0.2% Annual Change: -0.4% Rohnert Park Current: $541,200 Monthly Change: -0.5% Annual Change: 0% Sonoma Current: $735,700 Monthly Change: -0.1% Annual Change: 3.2% Sebastopol Current: $843,100 Monthly Change: -0.4% Annual Change: -2% Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community City ZHVI Year-over-Year -5.7% - -5.1% -5.0% - -2.1% -2.0% - -2.0% -1.9% - -0.4% 0.0% - 0.2% 0.3% - 2.5% 2.6% - 3.7% 3.8% - 5.5% 5.6% - 8.4% Home Values (ZHVI) Increasing Values: 48.4% Decreasing Values: 39% Fall From Peak: -3.4% Peak ZHVI Date: 2018-10 Peak ZHVI: $647,700 Rent Zillow Rent Index: $2,806 Monthly Change: 0% Annual Change: -1.2% Rent List Price: $2,800 Rent List/Sq. Ft.: $2 Sales Median Sale Price: $– Monthly Change: –% Annual Change: –% Sale Price/Sq. Ft.: $– Sale-to-list Price Ratio: Sold for a Loss/Gain: –%/–% Listings Median List Price: $699,000 Monthly Change: 2.9% Annual Change: 0% List Price/Sq. Ft.: $428 Listings with Price Cut: 14% Amount of Price Cut: 3.4% Foreclosures Homes Foreclosed: –/10, 000 Monthly Change: Annual Change: Foreclosure Resales: –% Monthly Change: –pp Annual Change: –pp How do we track home values? To track home values, we use the Zillow Home Value Index (ZHVI). The ZHVI is the mid-point of estimated home values for the area. Half the estimated home values are above this number and half are below. * Negative equity data is from 2018Q2.

APRIL2019 Santa Rosa Metro · 2020. 4. 23. · Santa Rosa Home Values Current: $625,800 Monthly Change: -0.5% Quarterly Change: -1.9% Annual Change: -0.8% Negative Equity*: 3.3% Home

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Page 1: APRIL2019 Santa Rosa Metro · 2020. 4. 23. · Santa Rosa Home Values Current: $625,800 Monthly Change: -0.5% Quarterly Change: -1.9% Annual Change: -0.8% Negative Equity*: 3.3% Home

www.zillow.com/research/

APRIL2019 Santa Rosa Metro

National Home Values

Current: $226,800Monthly Change: -0.1%Quarterly Change: 0.4%Annual Change: 6.1%Negative Equity*: 8.2%

Santa Rosa Home Values

Current: $625,800Monthly Change: -0.5%Quarterly Change: -1.9%Annual Change: -0.8%Negative Equity*: 3.3%

Home Values Forecast

(next 12 months)

National: 2.8%Santa Rosa Metro: -2.8%

Major Cities - Home Values

Santa RosaCurrent: $573,900Monthly Change: -0.5%Annual Change: 0.2%

PetalumaCurrent: $695,300Monthly Change: -0.2%Annual Change: -0.4%

Rohnert ParkCurrent: $541,200Monthly Change: -0.5%Annual Change: 0%

SonomaCurrent: $735,700Monthly Change: -0.1%Annual Change: 3.2%

SebastopolCurrent: $843,100Monthly Change: -0.4%Annual Change: -2%

Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community

City ZHVI Year-over-Year-5.7% - -5.1% -5.0% - -2.1% -2.0% - -2.0% -1.9% - -0.4% 0.0% - 0.2% 0.3% - 2.5% 2.6% - 3.7% 3.8% - 5.5% 5.6% - 8.4%

Home Values (ZHVI)Increasing Values: 48.4%Decreasing Values: 39%Fall From Peak: -3.4%Peak ZHVI Date: 2018-10Peak ZHVI: $647,700

RentZillow Rent Index: $2,806Monthly Change: 0%Annual Change: -1.2%

Rent List Price: $2,800Rent List/Sq. Ft.: $2

SalesMedian Sale Price: $–Monthly Change: –%Annual Change: –%

Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%

ListingsMedian List Price: $699,000Monthly Change: 2.9%Annual Change: 0%

List Price/Sq. Ft.: $428Listings with Price Cut: 14%Amount of Price Cut: 3.4%

ForeclosuresHomes Foreclosed: –/10, 000Monthly Change: –Annual Change: –

Foreclosure Resales: –%Monthly Change: –ppAnnual Change: –pp

How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.

* Negative equity data is from 2018Q2.

Page 2: APRIL2019 Santa Rosa Metro · 2020. 4. 23. · Santa Rosa Home Values Current: $625,800 Monthly Change: -0.5% Quarterly Change: -1.9% Annual Change: -0.8% Negative Equity*: 3.3% Home

APRIL2019

*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be

available online at www.zillow.com/research/data by emailing [email protected]

Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.

www.zillow.com/research/

Largest Cities Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

th

Change

from

Peak(%

)

Rents-ZRI($)

ZRIMoM

(%)

ZRIQoQ

(%)

ZRIYoY

(%)

ForecastYoY

(%)

NegativeEquity(%

)

Bodega Bay 933,800 0.2 0.2 4.4 933,800 2019-04 0 3,215 -0.2 -1.1 -4.9 1.1 0Cazadero 506,600 1.3 0.9 3 509,600 2018-10 -0.6 2,402 -0.3 -0.9 -0.9 1.5 5.9Cloverdale 525,700 -0.6 -2.4 -2.1 544,300 2018-10 -3.4 2,583 -0.5 -2.3 -7.1 -3.6 2.7Cotati 588,000 -0.2 -0.3 5.5 590,000 2018-12 -0.3 2,740 0.1 -0.1 0.8 2 3Forestville 519,200 -0.3 -2.5 -0.6 545,000 2018-10 -4.7 2,508 -0.4 -1.2 -0.9 -3.6 1.6Geyserville 3,025 0 -1.7 -5.4 0Glen Ellen 1,205,400 -0.6 -0.4 3.7 1,215,300 2019-02 -0.8 3,200 -0.5 -1.3 -7 1.8 3.4Guerneville 456,600 -0.4 -2.4 1.8 472,300 2018-11 -3.3 2,414 -0.4 -1.1 -0.3 -1.8 2.9Healdsburg 867,700 -1.9 -4.3 2.5 916,100 2018-11 -5.3 2,994 -0.1 -1.7 -7 -3.8 1.1Kenwood 981,500 -0.8 -4.7 -5.1 1,074,900 2018-09 -8.7 3,218 -0.4 -1.1 -8.9 -7.7 0Monte Rio 484,700 0 0.4 8.4 484,900 2019-03 0 2,398 -0.3 -1 0.7 2.7 0Occidental 780,600 -1.9 -6.2 -5.7 868,200 2018-09 -10.1 2,796 0.3 0.8 2.6 -8.9 0Penngrove 1,028,400 0.5 0.2 6.8 1,048,200 2018-10 -1.9 3,396 -0.5 -0.5 -3.6 1.2 0Petaluma 695,300 -0.2 -1.9 -0.4 720,400 2018-10 -3.5 2,881 0.1 -0.6 -1 -2.5 2.1Rohnert Park 541,200 -0.5 -2 0 556,700 2018-11 -2.8 2,721 0.2 -0.3 1.8 -2.2 3.4Santa Rosa 573,900 -0.5 -2 0.2 592,800 2018-11 -3.2 2,745 0 -0.7 -0.7 -2.3 4.6Sebastopol 843,100 -0.4 -2.1 -2 882,500 2018-10 -4.5 3,151 -0.5 -1.3 -1.8 -3.3 1.9Sonoma 735,700 -0.1 -0.8 3.2 754,100 2018-11 -2.4 2,843 -0.1 -0.7 -0.5 -0.4 2.8The Sea Ranch 1,024,000 0.5 1.5 15.6 1,024,000 2019-04 0 3,295 0.7 0.8 -7.1 7.5Windsor 626,000 -0.7 -2.6 -0.7 652,000 2018-10 -4 -3.4 2.3

Largest Counties Covered by Zillow

Hom

eValues-ZHVI($)

ZHVIMoM

(%)

ZHVIQoQ

(%)

ZHVIYoY

(%)

ZHVIPeak($)

PeakMon

th

Change

from

Peak(%

)

Rents-ZRI($)

ZRIMoM

(%)

ZRIQoQ

(%)

ZRIYoY

(%)

ForecastYoY

(%)

NegativeEquity(%

)

Sonoma County 625,800 -0.5 -2 -0.8 647,700 2018-10 -3.4 2,806 0 -0.7 -1.2 -2.8