Q32014 quarterlyreport ezine asian

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Click here to see specific 10-year data on key cities in the Bay Area.

REGION Q3 '04 Q3 '05 Q3 '06 Q3 '07 Q3 '08 Q3 '09 Q3 '10 Q3 '11 Q3 '12 Q3 '13 Q3 '14

CONTRA COSTA COUNTY 3,863 3,819 2,467 1,591 3,420 3,364 2,831 3,110 3,086 2,965 2,851

EAST BAY 1,041 901 784 660 647 582 594 627 785 822 825

MARIN COUNTY 793 726 588 496 492 483 466 525 662 691 615

NAPA COUNTY 409 437 282 187 296 340 330 338 382 375 297

SAN FRANCISCO (SFH) 893 784 673 556 619 651 578 626 638 705 614

SAN FRANCISCO (CONDOS) 686 660 537 488 491 480 462 510 682 696 625

SILICON VALLEY 948 824 651 560 510 578 629 643 656 652 558

SONOMA COUNTY 1,911 1,762 1,165 901 1,271 1,236 1,150 1,274 1,452 1,401 1,381

SONOMA VALLEY 173 170 116 103 112 109 123 138 168 164 156

TAHOE/TRUCKEE (SFH) 412 380 259 173 197 234 259 278 334 365 291

TAHOE/TRUCKEE (CONDOS) 120 105 69 50 57 77 64 67 84 100 94Copyright © Pacific Union. Source: BrokerMetrics / Terradatum, Inc. using data from SFARMLS, EBRD, BAREIS, TSIERRA, October 7, 2014. Data from MLSLSTINGS valid as of September 30, 2014.

Bay Area: 10-Year Overview of Q3 Homes Sold

Ellen AndersonSenior Vice President, Contra Costa [email protected] Sycamore Valley Road West | Danville, CA 94526

$904,000 $871,250 $897,500

$920,000 $860,000

$931,500

$1,036,975 $1,002,500

$1,047,500 $975,000 $1,036,027

$1,065,000

$972,500

$100,000

$300,000

$500,000

$700,000

$900,000

$1,100,000

$1,300,000

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, October 7, 2014. Median sales price for single-family homes in these Contra Costa County communities:

Alamo, Blackhawk, Danville, Diablo, Lafayette, Moraga, Orinda, Pleasant Hill, San Ramon, and Walnut Creek.

2.0 1.8

1.5 1.4

2.2 2.4

1.8 1.7

1.6 1.5 1.5 1.5

1.7

0.1

0.6

1.1

1.6

2.1

2.6

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14

Source: Terradatum, October 7, 2014. Months' supply of inventory for single-family homes in these Contra Costa County communities: Alamo, Blackhawk, Danville, Diablo, Lafayette, Moraga, Orinda, Pleasant Hill, San Ramon, and Walnut Creek.

pacificunion.com

22

30 28

37 38

30

23

18 19

23 21

24 27

0

5

10

15

20

25

30

35

40


Source: Terradatum, October 7, 2014. Average days on market for single-family homes sold in these Contra Costa County communities: Alamo, Blackhawk, Danville, Diablo, Lafayette, Moraga, Orinda, Pleasant Hill, San Ramon, and Walnut Creek.

99.0% 98.4% 98.0%

97.3% 97.4%

100.2% 99.9%

101.8% 102.0%

100.2% 100.5%

99.1% 99.3%

94%

95%

96%

97%

98%

99%

100%

101%

102%

103%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for single-family homes under contract in these Contra Costa County communities: Alamo, Blackhawk, Danville, Diablo, Lafayette, Moraga, Orinda, Pleasant Hill, San Ramon, and Walnut Creek.

26.4%

33.1% 31.0%

24.0%

30.4%

34.5%

39.9% 38.2% 38.6% 37.9% 33.6% 32.8% 32.8%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%


Source: Terradatum, October 7, 2014. Percentage of single-family homes under contract in these Contra Costa County communities: Alamo, Blackhawk, Danville, Diablo, Lafayette, Moraga, Orinda, Pleasant Hill, San Ramon, and Walnut Creek.

pacificunion.com

Q3 '13 Q3 '14 % change Q3 '13 Q3 '14 % change Q3 '13 Q3 '14 % change Q3 '13 Q3 '14 % change

Alamo 78,942,585$ 140,047,292$ 77% 54 85 57% 25 35 40% 1,349,500$ 1,600,000$ 19%

Blackhawk 29,497,788$ 15,065,000$ -49% 21 9 -57% 54 53 -2% 1,220,000$ 1,785,000$ 46%

Danville 218,370,059$ 260,285,203$ 19% 205 210 2% 21 23 10% 980,000$ 1,118,500$ 14%

Diablo 9,398,000$ 7,260,000$ -23% 5 3 -40% 46 41 -11% 1,640,000$ 1,935,000$ 18%

Lafayette 113,017,105$ 109,306,347$ -3% 92 83 -10% 32 23 -28% 1,157,563$ 1,200,000$ 4%

Moraga 57,720,176$ 58,947,780$ 2% 50 50 0% 19 24 26% 1,088,140$ 1,140,000$ 5%

Orinda 98,849,261$ 127,859,698$ 29% 80 90 13% 28 29 4% 1,050,000$ 1,325,000$ 26%

PleasantHill 60,182,412$ 59,237,646$ -2% 101 89 -12% 16 24 50% 609,950$ 640,000$ 5%

San Ramon 222,150,554$ 194,618,075$ -12% 245 203 -17% 16 18 13% 880,000$ 886,000$ 1%

Walnut Creek 152,697,805$ 154,070,376$ 1% 173 162 -6% 21 22 5% 814,745$ 887,981$ 9%

Source: Terradatum, October 7, 2014. Data is for single-family homes in selected Contra Costa County cities.

Contra Costa County Snapshot: Q3 2014 vs. Q3 2013

Sales Volume Homes Sold Avg. Days on Market Median Price

pacificunion.com

Pam HoffmanSenior Vice President, Managing Broker, East Bay [email protected] Mountain Boulevard | Oakland, CA 94611

$722,500 $730,000 $730,000 $700,000 $713,750 $725,000

$758,500 $813,500 $817,000

$842,500 $790,000

$835,000 $781,000

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000


Source: Terradatum, October 7, 2014. Median sales price for single-family homes in the East Bay.

2.0

1.7

1.1 0.9

2.0 2.1

1.4 1.3

1.2 1.2

0.9 0.9

1.4

0.1

0.6

1.1

1.6

2.1

2.6


Source: Terradatum, October 7, 2014. Months' supply of inventory for single-family homes in the East Bay.

pacificunion.com

22 21

25

32 33

28

25

20 22 21 20

23 22

0

5

10

15

20

25

30

35


Source: Terradatum, October 7, 2014. Average days on market for single-family homes sold in the East Bay.

108.7% 108.3% 106.8%

104.1%

100.8%

106.2%

109.4%

113.2% 111.8%

109.2% 110.3%

109.4% 107.9%

94%

96%

98%

100%

102%

104%

106%

108%

110%

112%

114%

116%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for single-family homes under contract in the East Bay.

30.4%

37.0% 38.1%

28.1% 31.4%

36.4%

43.0% 43.6% 45.9% 44.5%

46.8%

42.3% 40.2%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%


Source: Terradatum, October 7, 2014. Percentage of single-family homes under contract in the East Bay.

pacificunion.com


Alameda 78,330,700$ 85,211,187$ 9% 104 98 -6% 22 17 -23% 737,500$ 823,611$ 12%

Albany 19,918,380$ 27,171,000$ 36% 29 33 14% 18 14 -22% 687,000$ 790,000$ 15%

Berkeley 129,697,022$ 154,037,145$ 19% 139 157 13% 20 22 10% 800,000$ 849,000$ 6%

El Cerrito 43,894,387$ 52,041,793$ 19% 74 74 0% 25 20 -20% 579,500$ 668,500$ 15%

Kensington 21,217,300$ 13,291,500$ -37% 21 16 -24% 21 27 29% 860,000$ 797,500$ -7%

Oakland* 322,422,553$ 353,048,091$ 9% 421 410 -3% 23 22 -4% 725,000$ 790,500$ 9%

Piedmont 51,034,325$ 73,590,500$ 44% 34 37 9% 20 25 25% 1,512,750$ 1,775,000$ 17%

East Bay Snapshot: Q3 2014 vs. Q3 2013

Source: Terradatum, October 7, 2014. Data is for single-family homes in selected East Bay cities; *Oakland ZIP codes 94602, 94609, 94610, 94611, 94618, 94619, and 94705.



Under $500,000 52,597,098$ 26,961,000$ -49% 136 68 -50% 26 30 15% 409,000$ 410,000$ 0%

Over $500,000 613,917,569$ 731,430,216$ 19% 686 757 10% 22 21 -5% 785,000$ 830,000$ 6%

$500,000 - $1 million 383,970,842$ 401,994,907$ 5% 527 536 2% 21 20 -5% 725,000$ 750,000$ 3%

Over $1 million 229,946,727$ 329,435,309$ 43% 159 221 39% 24 22 -8% 1,285,000$ 1,340,000$ 4%

Source: Terradatum, October 7, 2014. Data is for SFH in the East Bay: Alameda, Albany, Berkeley, El Cerrito, Kensington, Piedmont, and Oakland ZIP codes 94602, 94609, 94610, 94611, 94618, 94619, and 94705.

East Bay Price Range Snapshot: Q3 2014 vs. Q3 2013


Q3 '13 Q3 '14 % change Q3 '13 Q3 '14 % change

Montclair / Joaquin Miller 90 87 -3% $872,036 $993,600 14%

Crocker Highlands / Grand Lake 46 43 -7% $911,661 $998,714 10%

Rockridge / Claremont 54 65 20% $1,066,850 $1,246,495 17%

Glenview / Oakmore 41 28 -32% $805,463 $805,764 0%

Laurel / Dimond 32 33 3% $458,074 $568,740 24%

Redwood Heights / Lincoln Heights 15 36 140% $644,766 $710,500 10%

Crestmont / Ridgemont / Skyline 12 12 0% $1,261,412 $921,208 -27%

Temescal / Piedmont Ave. 20 22 10% $681,125 $807,759 19%

Oakland Snapshot: Q3 2014 vs. Q3 2013

NeighborhoodHomes Sold Average Price

Source: EBRD, October 6, 2014. Data is for single-family homes in selected Oakland neighborhoods.

pacificunion.com

Brent ThomsonPresident, Marin [email protected] Redwood Highway, Suite 150 | Mill Valley, CA 94941

$848,500 $905,000 $905,000

$852,000

$935,000 $995,000 $1,001,500 $1,030,000

$1,100,000 $1,054,100 $1,051,500

$952,500

$1,188,000

$100,000

$300,000

$500,000

$700,000

$900,000

$1,100,000

$1,300,000


Source: Terradatum, October 7, 2014. Median sales price for single-family homes in these Marin County communities: Belvedere, Corte Madera, Fairfax, Greenbrae, Kentfield, Larkspur, Mill Valley, Novato, Ross, San Anselmo, San Rafael, Sausalito, and Tiburon.

2.6

2.2 2.0

1.8

2.6 2.6

1.8 1.8

1.5 1.5 1.7 1.8

2.4

0.1

0.6

1.1

1.6

2.1

2.6

3.1


Source: Terradatum, October 7, 2014. Months' supply of inventory for single-family homes in these Marin County communities: Belvedere, Corte Madera, Fairfax, Greenbrae, Kentfield, Larkspur, Mill Valley, Novato, Ross, San Anselmo, San Rafael, Sausalito, and Tiburon.

pacificunion.com

54 53

62

75

84

73

56

45 52

46 53 50 52

0

10

20

30

40

50

60

70

80

90


Source: Terradatum, October 7, 2014. Average days on market for single-family homes sold in these Marin County communities: Belvedere, Corte Madera, Fairfax, Greenbrae, Kentfield, Larkspur, Mill Valley, Novato, Ross, San Anselmo, San Rafael, Sausalito, and Tiburon.

27.2% 27.6% 26.9%

18.7%

32.0% 31.4%

40.1%

34.1% 38.2%

35.2%

30.2% 28.6%

31.9%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%


Source: Terradatum, October 7, 2014. Percentage of single-family homes under contract in these Marin County communities: Belvedere, Corte Madera, Fairfax, Greenbrae, Kentfield, Larkspur, Mill Valley, Novato, Ross, San Anselmo, San Rafael, Sausalito, and Tiburon.

94.2%

98.0%

96.0%

93.8% 94.5%

98.0%

95.8%

100.7%

99.3%

98.2% 97.4%

97.0% 97.7%

90%

92%

94%

96%

98%

100%

102%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for single-family homes under contract in these Marin County communities: Belvedere, Corte Madera, Fairfax, Greenbrae, Kentfield, Larkspur, Mill Valley, Novato, Ross, San Anselmo, San Rafael, Sausalito, and Tiburon.

pacificunion.com


Belvedere 38,095,000$ 36,717,690$ -4% 7 12 71% 75 112 49% 2,015,000$ 2,625,000$ 30%

Corte Madera 35,549,885$ 32,481,000$ -9% 32 26 -19% 38 43 13% 1,025,605$ 1,097,500$ 7%

Fairfax 14,287,300$ 21,153,418$ 48% 19 23 21% 44 48 9% 660,000$ 884,000$ 34%

Greenbrae 26,057,000$ 24,895,656$ -4% 20 18 -10% 34 30 -12% 1,245,000$ 1,370,000$ 10%

Kentfield 56,055,133$ 77,854,211$ 39% 23 27 17% 56 84 50% 1,985,000$ 2,200,000$ 11%

Larkspur 34,309,300$ 40,610,964$ 18% 23 24 4% 52 41 -21% 1,400,000$ 1,625,000$ 16%

Mill Valley 125,782,317$ 141,726,450$ 13% 94 87 -7% 46 45 -2% 1,167,500$ 1,375,000$ 18%

Novato 120,564,600$ 123,097,260$ 2% 158 141 -11% 65 52 -20% 710,050$ 775,000$ 9%

Ross 23,572,000$ 23,265,000$ -1% 9 8 -11% 59 58 -2% 2,000,000$ 2,372,500$ 19%

San Anselmo 56,781,900$ 49,744,235$ -12% 53 46 -13% 47 57 21% 900,000$ 925,000$ 3%

San Rafael 138,345,279$ 119,198,750$ -14% 152 117 -23% 48 46 -4% 832,020$ 850,000$ 2%

Sausalito 42,517,333$ 36,863,500$ -13% 20 21 5% 60 54 -10% 1,485,000$ 1,499,000$ 1%

Tiburon 105,671,550$ 69,863,500$ -34% 42 27 -36% 53 59 11% 2,150,000$ 2,300,000$ 7%

Source: Terradatum, October 7, 2014. Data is for single-family homes in selected Marin County cities.

Marin County Snapshot: Q3 2014 vs. Q3 2013


pacificunion.com

Linda CarrollRegional Executive, Napa [email protected] Main Street | Napa, CA 94559

$468,500 $492,500 $501,000 $475,000

$528,000

$471,000

$563,250

$510,022

$575,000 $527,000

$592,000

$517,500

$609,000

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000


Source: Terradatum, October 7, 2014. Median sales price for single-family homes in Napa County.

4.2 3.9 3.8

2.9

4.2 4.6 4.8

3.5 3.5 3.3 3.6

5.0

4.0

0.1

1.1

2.1

3.1

4.1

5.1

6.1


Source: Terradatum, October 7, 2014. Months' supply of inventory for single-family homes in Napa County.

pacificunion.com

81 83 87 91

127

110 100

65 71

77 81 71

91

0

20

40

60

80

100

120

140


Source: Terradatum, October 7, 2014. Average days on market for single-family homes sold in Napa County.

16.7% 17.9%

17.1% 14.6%

20.7% 17.7%

25.2%

19.5%

23.6%

20.1%

16.8% 18.0%

20.8%

0%

5%

10%

15%

20%

25%

30%


Source: Terradatum, October 7, 2014. Percentage of single-family homes under contract in Napa County.

96.3%

93.6%

92.2%

94.1%

90.0% 90.7%

93.7%

96.4% 95.4% 95.8%

88.6%

93.6% 93.2%

84%

86%

88%

90%

92%

94%

96%

98%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for single-family homes under contract in Napa County.

pacificunion.com


American Canyon 18,859,850$ 14,494,242$ -23% 49 33 -33% 71 48 -32% 370,000$ 438,500$ 19%

Angwin 2,939,858$ 9,646,900$ 228% 5 13 160% 62 136 119% 540,000$ 610,000$ 13%

Calistoga 17,066,719$ 23,056,527$ 35% 20 27 35% 90 146 62% 642,500$ 705,000$ 10%

Napa 166,752,260$ 124,411,041$ -25% 266 178 -33% 73 65 -11% 486,650$ 537,500$ 10%

St. Helena 36,257,500$ 66,880,554$ 84% 25 38 52% 179 123 -31% 1,185,000$ 1,125,000$ -5%

Yountville 6,003,000$ 5,319,000$ -11% 5 6 20% 65 93 43% 795,000$ 839,500$ 6%

Source: Terradatum, October 7, 2014. Data is for single-family homes in selected Napa County cities.

Napa County Snapshot: Q3 2014 vs. Q3 2013



Under $500,000 68,887,650$ 46,728,816$ -32% 185 114 -38% 70 58 -17% 377,000$ 432,000$ 15%

$500,000 - $999,999 98,891,318$ 84,376,322$ -15% 147 124 -16% 77 81 5% 630,000$ 643,000$ 2%

$1 million - $3 million 57,118,000$ 81,259,570$ 42% 37 53 43% 132 113 -14% 1,350,000$ 1,435,000$ 6%

Over $3 million 25,252,219$ 34,333,556$ 36% 6 6 0% 158 254 61% 3,850,000$ 4,050,000$ 5%

Median Price

Source: Terradatum, October 7, 2014. Data is for single-family homes in Napa County.

Napa County Price Range Snapshot: Q3 2014 vs. Q3 2013

Sales Volume Homes Sold Avg. Days on Market

pacificunion.com

Patrick [email protected] Letterman Drive, Building C, Suite 500 | San Francisco, CA 94129

$929,000 $903,000 $957,000

$947,000 $916,500

$1,050,000 $985,000

$1,100,000 $1,090,500

$1,175,000 $1,093,250

$971,500 $1,045,000

$100,000

$300,000

$500,000

$700,000

$900,000

$1,100,000

$1,300,000


Source: Terradatum, October 7, 2014. Median sales price for single-family homes in San Francisco.

$851,500 $896,500

$865,000

$770,000

$950,000 $945,000 $979,000

$920,000 $970,000

$1,050,000 $957,500 $989,528

$950,000

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000


Source: Terradatum, October 7, 2014. Median sales price for condominiums in San Francisco.

pacificunion.com

2.4

1.5 1.3

1.1

2.0

1.7 1.5

1.3 1.4

1.8

1.5 1.5

2.1

0.1

0.6

1.1

1.6

2.1

2.6


Source: Terradatum, October 7, 2014. Months' supply of inventory for single-family homes in San Francisco.

31 34 34

42 40

38

32 35

26 27 30 29

27

0

5

10

15

20

25

30

35

40

45


Source: Terradatum, October 7, 2014. Average days on market for single-family homes sold in San Francisco.

2.5

1.5

1.2 1.0

2.0

1.7

1.3 1.2 1.4 1.5

1.7

1.3

1.9

0.1

0.6

1.1

1.6

2.1

2.6

3.1


Source: Terradatum, October 7, 2014. Months' supply of inventory for condominiums in San Francisco.

pacificunion.com

34 35 39

43 47

40

30 30 28

35 33 33

38

0

5

10

15

20

25

30

35

40

45

50


Source: Terradatum, October 7, 2014. Average days on market for condominiums sold in San Francisco.

30.7%

38.7% 38.7%

33.0% 33.6%

39.0%

46.2%

41.3% 40.4% 37.9%

33.6%

38.3%

29.3%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%


Source: Terradatum, October 7, 2014. Percentage of condominiums under contract in San Francisco.

28.7%

39.8% 37.4%

28.1% 33.0%

38.0% 42.7% 41.2%

37.3% 37.0% 36.7% 34.2%

32.5%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%


Source: Terradatum, October 7, 2014. Percentage of single-family homes under contract in San Francisco.

pacificunion.com

107.6% 106.1% 105.6%

99.5%

103.5%

106.9%

109.3% 109.8%

113.4%

110.3% 109.7% 109.2% 110.1%

90%

95%

100%

105%

110%

115%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for single-family homes under contract in San Francisco.

103.8% 103.5% 104.1%

101.3%

99.9%

105.5%

108.2% 106.9%

107.9% 106.7%

107.7%

105.2% 104.4%

94%

96%

98%

100%

102%

104%

106%

108%

110%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for condominiums under contract in San Francisco.

pacificunion.com

1: Inner Richmond, Central Richmond, Outer Richmond, JordanPark/Laurel Heights, Lake, Lone Mountain, Sea Cliff.

2: Outer Sunset, Central Sunset, Inner Sunset, Outer Parkside, Parkside, Inner Parkside, Golden Gate Heights.

3: Pine Lake Park, Merced Manor, Lake Shore, Lakeside, Stonestown, Merced Heights, Ingleside, Ingleside Heights,

Oceanview.

4: Balboa Terrace, Diamond Heights, Forest Hill, Forest Hill Extension, Forest Knolls, Ingleside Terrace, Midtown

Terrace, Miraloma Park, Monterey Heights, Mount Davidson Manor, Sherwood Forest, St. Francis Wood,

Sunnyside, West Portal, Westwood Highlands, Westwood Park.

5: Buena Vista/Ashbury Heights, Clarendon Heights, Cole Valley/Parnassus Heights, Corona Heights,

Duboce Triangle, Eureka Valley/Dolores Heights, Glen Park, Haight-Ashbury, Mission Dolores, Noe Valley, Twin Peaks.

6: Alamo Square, Anza Vista, Hayes Valley, Lower Pacific Heights, North Panhandle, Western Addition.

7: Cow Hollow, Marina, Pacific Heights, Presidio Heights.

8: Downtown, Financial District/Barbary Coast, Nob Hill, North Beach, North Waterfront, Russian Hill, Telegraph Hill,

Tenderloin, Van Ness/Civic Center.

9: Bernal Heights, Central Waterfront/Dogpatch, Inner Mission, Mission Bay, Potrero Hill, South Beach,

South of Market, Yerba Buena.

10: Bayview, Bayview Heights, Candlestick Point, Crocker Amazon, Excelsior, Hunters Point, Little Hollywood,

Outer Mission, Mission Terrace, Portola, Silver Terrace, Visitacion Valley.

pacificunion.com


District 1 86,499,225$ 97,259,105$ 12% 60 59 -2% 34 27 -21% 1,200,000$ 1,380,000$ 15%

District 2 134,200,176$ 128,508,231$ -4% 145 120 -17% 29 26 -10% 855,000$ 965,000$ 13%

District 3 39,754,600$ 42,864,411$ 8% 55 51 -7% 29 32 10% 660,000$ 800,000$ 21%

District 4 96,121,200$ 91,523,168$ -5% 78 69 -12% 37 23 -38% 1,102,500$ 1,150,000$ 4%

District 5 165,617,010$ 145,567,050$ -12% 93 72 -23% 27 28 4% 1,550,000$ 1,865,500$ 20%

District 6 19,896,000$ 17,779,000$ -11% 12 7 -42% 49 15 -69% 1,450,000$ 2,750,000$ 90%

District 7 174,725,200$ 119,095,000$ -32% 32 26 -19% 38 40 5% 4,935,000$ 3,950,000$ -20%

District 8 12,725,000$ 12,808,888$ 1% 4 5 25% 98 24 -76% 2,500,000$ 1,810,000$ -28%

District 9 75,038,591$ 86,251,300$ 15% 70 69 -1% 33 27 -18% 948,625$ 1,150,000$ 21%

District 10 94,413,456$ 98,233,041$ 4% 156 136 -13% 40 34 -15% 618,500$ 706,500$ 14%

Source: Terradatum, October 7, 2014. Data is for single-family homes in San Francisco districts.

San Francisco Snapshot: SFH, Q3 2014 vs. Q3 2013



District 1 36,014,999$ 46,954,223$ 30% 39 47 21% 31 33 6% 900,000$ 975,000$ 8%

District 2 8,360,750$ 6,058,000$ -28% 12 7 -42% 32 19 -41% 822,500$ 880,000$ 7%

District 3 3,656,000$ 2,027,000$ -45% 7 4 -43% 35 31 -11% 460,000$ 453,500$ -1%

District 4 8,380,301$ 7,458,650$ -11% 14 11 -21% 31 40 29% 602,500$ 585,000$ -3%

District 5 124,919,923$ 98,721,241$ -21% 112 78 -30% 30 29 -3% 1,087,500$ 1,252,500$ 15%

District 6 61,193,000$ 58,870,000$ -4% 68 64 -6% 30 26 -13% 842,500$ 914,000$ 8%

District 7 117,032,969$ 97,944,500$ -16% 86 64 -26% 32 29 -9% 1,219,000$ 1,417,500$ 16%

District 8 103,686,401$ 126,457,804$ 22% 109 111 2% 45 39 -13% 750,000$ 880,000$ 17%

District 9 208,190,551$ 236,518,862$ 14% 234 218 -7% 39 37 -5% 805,000$ 925,000$ 15%

District 10 5,645,000$ 10,912,659$ 93% 15 21 40% 99 57 -42% 360,000$ 545,000$ 51%

Source: Terradatum, October 7, 2014. Data is for condominiums in San Francisco districts.

San Francisco Snapshot: Condos, Q3 2014 vs. Q3 2013


pacificunion.com


Under $1 million 302,696,070$ 218,647,467$ -28% 417 285 -32% 35 31 -11% 740,000$ 771,000$ 4%

$1 million - $3 million 377,841,388$ 446,951,727$ 18% 248 291 17% 30 26 -13% 1,365,000$ 1,400,000$ 3%

Over $3 million 218,453,000$ 174,290,000$ -20% 40 38 -5% 45 36 -20% 4,525,000$ 3,875,000$ -14%

San Francisco Price Range Snapshot: SFH, Q3 2014 vs. Q3 2013

Source: Terradatum, October 7, 2014. Data is for single-family homes in San Francisco County.



Under $1 million 313,877,534$ 233,848,479$ -25% 454 327 -28% 39 37 -5% 707,500$ 735,000$ 4%

$1 million - $2 million 285,022,547$ 338,322,460$ 19% 214 254 19% 33 31 -6% 1,289,000$ 1,295,000$ 0%

Over $2 million 78,179,813$ 119,752,000$ 53% 28 44 57% 35 36 3% 2,344,000$ 2,500,000$ 7%

Source: Terradatum, October 7, 2014. Data is for condominiums in San Francisco County.

San Francisco Price Range Snapshot: Condos, Q3 2014 vs. Q3 2013


pacificunion.com

David BarcaVice President, Silicon [email protected] El Camino Real, Suite 220 | Menlo Park CA 94025

$2,205,000 $2,250,018 $2,100,000

$2,325,000 $2,400,000

$2,358,000

$2,617,500 $2,466,000 $2,425,000 $2,400,000

$2,433,000 $2,450,000 $2,592,500

$100,000

$600,000

$1,100,000

$1,600,000

$2,100,000

$2,600,000

$3,100,000

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Median sales price for single-family homes in these Silicon Valley communities:

Atherton, Los Altos (excluding County area), Los Altos Hills, Menlo Park (excluding east of U.S. 101), Palo Alto, Portola Valley, and Woodside.

3.1

1.7 1.6

1.1

2.4 2.5

1.6 1.6 1.5

1.2 1.4 1.3

2.0

0.1

0.6

1.1

1.6

2.1

2.6

3.1

3.6

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Months' supply of inventory for single-family homes in these SIlicon Valley communities:


pacificunion.com

37

30 30

37

55

29 25

20 19 23

28

37

29

0

10

20

30

40

50

60

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Average days on market for single-family homes sold in these Silicon Valley communities:


99.7%

101.2%

102.5% 102.1%

100.1%

104.5%

102.8%

106.2%

104.6% 103.8%

102.1%

101.0%

102.3%

96%

98%

100%

102%

104%

106%

108%

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Sales price as % of original price (including adjustments) for single-family homes under contract in these Silicon Valley communities:


27.9%

31.7% 32.5%

24.5%

29.7%

33.7%

43.9%

36.6%

42.4%

37.8% 33.4%

37.4% 38.0%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Percentage of single-family homes under contract in these Silicon Valley communities:


pacificunion.com


Atherton 158,935,415$ 96,898,888$ -39% 26 20 -23% 81 52 -36% 3,400,000$ 4,310,000$ 27%

Los Altos* 196,979,680$ 162,963,891$ -17% 89 66 -26% 22 17 -23% 2,100,000$ 2,312,500$ 10%

Los Altos Hills 109,805,330$ 85,149,447$ -22% 33 22 -33% 51 37 -27% 2,778,750$ 3,289,000$ 18%

Menlo Park** 141,801,315$ 187,971,900$ 33% 78 85 9% 28 20 -29% 1,500,000$ 2,025,000$ 35%

Palo Alto 245,065,376$ 269,975,615$ 10% 114 88 -23% 17 16 -6% 1,889,194$ 2,549,000$ 35%

Portola Valley 46,767,000$ 61,395,500$ 31% 18 17 -6% 44 87 98% 1,900,000$ 2,998,000$ 58%

Woodside 46,798,500$ 110,778,000$ 137% 20 31 55% 72 88 22% 1,862,500$ 2,320,000$ 25%

Source: Terradatum, September 30, 2014. Data is for single-family homes in selected Silicon Valley cities. *Excludes County area **Excludes east of U.S. 101

Silicon Valley Snapshot: Q3 2014 vs. Q3 2013


pacificunion.com

$1,250,000 $1,204,000

$1,263,500

$1,562,500

$1,360,000 $1,311,375 $1,300,500

$1,475,000 $1,600,000

$1,476,000 $1,400,000

$1,328,000 $1,375,000

$100,000

$300,000

$500,000

$700,000

$900,000

$1,100,000

$1,300,000

$1,500,000

$1,700,000

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Median sales price for single-family homes in these San Mateo County communities:

Burlingame (excluding Ingold Millsdale Industrial Center), Hillsborough, and San Mateo (excluding the North Shoreview/Dore Cavanaugh area).

26

19

25

32

50

33

25

18

35

16

33

27 23

0

10

20

30

40

50

60

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Average days on market for single-family homes sold in these San Mateo County communities:


1.9

1.5

1.1 0.8

1.7

2.5

1.3 1.1 1.2 1.2

1.4

1.1

1.4

0.1

0.6

1.1

1.6

2.1

2.6

3.1

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Months' supply of inventory for single-family homes in these San Mateo County communities:


pacificunion.com

32.2%

38.8%

44.6%

28.6% 27.9%

35.5%

49.3% 45.9% 42.6%

34.0%

45.9% 40.9% 42.4%

0%

10%

20%

30%

40%

50%

60%

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Percentage of single-family homes under contract in these San Mateo County communities:



Burlingame* 96,613,423$ 87,030,466$ -10% 59 53 -10% 24 17 -29% 1,538,000$ 1,530,000$ -1%

Hillsborough 202,796,000$ 175,011,388$ -14% 49 37 -24% 82 67 -18% 3,250,000$ 3,125,000$ -4%

San Mateo** 189,807,490$ 170,323,007$ -10% 166 139 -16% 17 21 24% 948,500$ 1,110,000$ 17%

Source: Terradatum, September 30, 2014. Data is for single-family homes in selected San Mateo County cities. * Excludes Ingold Millsdale Industrial Center ** Excludes the North Shoreview/Dore Cavanaugh area

Mid-Peninsula Snapshot: Q3 2014 vs. Q3 2013


99.8%

104.0% 103.0%

98.0% 98.8%

102.9% 103.2% 103.6%

102.4%

103.9%

101.1% 101.2%

100.2%

95%

96%

97%

98%

99%

100%

101%

102%

103%

104%

105%

Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Source: Terradatum, September 30, 2014. Sales price as % of original price (including adjustments) for single-family homes under contract in these San Mateo County communities:


pacificunion.com

Rick LawsSenior Vice President, Sonoma [email protected] Mendocino Avenue, Suite 210 | Santa Rosa, CA 95403

$447,650 $457,500 $450,000

$465,000 $460,000 $449,325

$491,500 $468,950

$487,500 $495,000 $508,500

$475,000 $499,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

$500,000

$550,000


Source: Terradatum, October 7, 2014. Median sales price for single-family homes and farms/ranches in Sonoma County.

2.7

2.2 2.4

2.0

2.5 2.5

2.1

2.4 2.2 2.1 2.0

2.3

2.0

0.1

0.6

1.1

1.6

2.1

2.6

3.1


Source: Terradatum, October 7, 2014. Months' supply of inventory for single-family homes and farms/ranches in Sonoma County.

pacificunion.com

67 67

78 79 81

72 73 74

59 57 62 61

65

0

10

20

30

40

50

60

70

80

90


Source: Terradatum, October 7, 2014. Average days on market for single-family homes and farms/ranches sold in Sonoma County.

96.3% 96.2%

94.3%

96.9%

93.7%

95.9% 96.0%

96.8%

98.9% 98.4%

96.9% 97.6%

96.7%

91%

92%

93%

94%

95%

96%

97%

98%

99%

100%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for single-family homes and farms/ranches under contract in Sonoma County.

24.9% 26.8%

24.8% 21.9%

27.4%

33.6% 31.7% 31.8% 31.7% 30.4% 30.0% 29.0% 30.2%

0%

5%

10%

15%

20%

25%

30%

35%

40%


Source: Terradatum, October 7, 2014. Percentage of single-family homes and farms/ranches under contract in Sonoma County.

pacificunion.com


Healdsburg 63,632,215$ 52,491,350$ -18% 60 51 -15% 80 72 -10% 762,500$ 659,000$ -14%

Petaluma 104,276,595$ 118,988,658$ 14% 185 186 1% 61 53 -13% 488,000$ 551,500$ 13%

Rohnert Park 28,469,750$ 28,065,000$ -1% 70 65 -7% 50 60 20% 406,500$ 438,000$ 8%

Santa Rosa 248,214,667$ 302,099,044$ 22% 520 553 6% 58 57 -2% 409,250$ 455,000$ 11%

Sebastopol 66,608,757$ 53,099,391$ -20% 91 77 -15% 78 60 -23% 660,000$ 617,000$ -7%

Windsor 42,140,078$ 40,420,650$ -4% 85 79 -7% 75 44 -41% 455,000$ 485,000$ 7%

Source: Terradatum, October 7, 2014. Data is for single-family homes and farms/ranches in selected Sonoma County cities.

Sonoma County Snapshot: Q3 2014 vs. Q3 2013



Under $1 million 619,167,540$ 648,609,708$ 5% 1,301 1,266 -3% 64 60 -6% 435,000$ 470,000$ 8%

$1 million and over 178,983,304$ 196,648,093$ 10% 100 115 15% 137 95 -31% 1,347,500$ 1,360,000$ 1%

Source: Terradatum, October 7, 2014. Data is for single-family homes and farms/ranches in selected Sonoma County cities.

Sonoma County Price Range Snapshot: Q3 2014 vs. Q3 2013


pacificunion.com

Jill SilvasRegional Executive, Sonoma [email protected] West Napa Street, Suite 200 | Sonoma, CA 95476

$586,000 $565,000

$500,000 $477,000

$608,500 $610,672

$500,000

$645,000

$540,000 $555,000

$697,500

$525,000 $580,250

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000


Source: Terradatum, October 7, 2014. Median sales price for single-family homes, condominiums, and farms/ranches in Sonoma Valley.

4.4

2.5 2.4

3.0

2.3

3.0 3.3

3.0

2.3

3.2

2.1

2.9 2.5

0.1

0.6

1.1

1.6

2.1

2.6

3.1

3.6

4.1

4.6

5.1


Source: Terradatum, October 7, 2014. Months' supply of inventory for single-family homes, condominiums, and farms/ranches in Sonoma Valley.

pacificunion.com

94

64

51

69

80 77

105

78

50

61

77

56

96

0

20

40

60

80

100

120


Source: Terradatum, October 7, 2014. Average days on market for single-family homes, condominiums, and farms/ranches sold in Sonoma Valley.

92.4%

93.9%

96.6%

94.6%

92.2% 91.8% 92.5%

96.8%

99.5%

96.7% 95.1%

97.5%

92.5%

86%

88%

90%

92%

94%

96%

98%

100%

102%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for single-family homes, condominiums, and farms/ranches under contract in Sonoma Valley.

23.4% 24.3%

20.2%

22.7% 23.9% 26.6%

28.3%

30.5%

23.1%

27.2%

22.3%

26.5% 27.7%

0%

5%

10%

15%

20%

25%

30%

35%


Source: Terradatum, October 7, 2014. Percentage of single-family homes, condominiums, and farms/ranches under contract in Sonoma Valley.

pacificunion.com


Glen Ellen 11,316,000$ 16,107,110$ 42% 8 15 88% 139 117 -16% 1,367,500$ 829,500$ -39%

Kenwood 7,230,000$ 6,862,000$ -5% 7 5 -29% 94 97 3% 900,000$ 789,000$ -12%

Sonoma 112,965,830$ 109,368,425$ -3% 148 136 -8% 72 72 0% 507,500$ 552,600$ 9%

Source: Terradatum, October 7, 2014. Data is for single-family homes, condominiums, and farms/ranches in selected Sonoma Valley cities.

Sonoma Valley Snapshot: Q3 2014 vs. Q3 2013


pacificunion.com

Sally GardnerRegional Executive, Tahoe/TruckeeTahoe City 530.581.1882 | Truckee 530.587.7098 | Squaw Valley [email protected]

$550,000 $545,000 $560,000

$614,605 $605,000

$699,000

$610,000

$530,000

$629,000

$529,277

$595,000

$665,000

$585,000

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000


Source: Terradatum, October 7, 2014. Median sales price for single-family homes in the Tahoe/Truckee region.

$350,250 $381,500 $374,500

$345,000

$262,000

$390,000

$290,000

$334,000

$387,500

$350,000

$445,000

$345,000

$382,500

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

$500,000


Source: Terradatum, October 7, 2014. Median sales price for condominiums in the Tahoe/Truckee region.

pacificunion.com

4.9 5.1 5.3

6.2

8.5

6.6 7.3

6.8

5.7

8.5

10.6

7.1 6.8

0.1

2.1

4.1

6.1

8.1

10.1

12.1


Source: Terradatum, October 7, 2014. Months' supply of inventory for single-family homes in the Tahoe/Truckee region.

97 101 94

107

93 100

140

101 95

72 66

54

87

0

20

40

60

80

100

120

140

160


Source: Terradatum, October 7, 2014. Average days on market for single-family homes sold in the Tahoe/Truckee region.

5.5 5.2

7.0 7.2

8.8

12.9

11.4

8.9 7.8

10.6

8.5

6.8 6.8

0.1

2.1

4.1

6.1

8.1

10.1

12.1

14.1


Source: Terradatum, October 7, 2014. Months' supply of inventory for condominiums in the Tahoe/Truckee region.

pacificunion.com

159

113

159

122

150 150 137

54

114

83

127

53

200

0

50

100

150

200

250


Source: Terradatum, October 7, 2014. Average days on market for condominiums sold in the Tahoe/Truckee region.

12.3% 12.9%

6.9%

9.1%

7.1%

11.5%

10.5% 8.9%

8.2%

9.6%

13.8%

12.3%

10.8%

0%

2%

4%

6%

8%

10%

12%

14%

16%


Source: Terradatum, October 7, 2014. Percentage of condominiums under contract in the Tahoe/Truckee region.

13.2% 12.9%

10.9%

8.8%

13.8%

11.3%

17.5%

15.2%

9.2% 8.7%

11.6% 12.8% 13.7%

0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

20%


Source: Terradatum, October 7, 2014. Percentage of single-family homes under contract in the Tahoe/Truckee region.

pacificunion.com

94.6%

91.5%

95.0%

92.8% 92.1%

91.3%

89.2%

95.4%

94.1%

95.6% 96.2%

95.2%

93.2%

84%

86%

88%

90%

92%

94%

96%

98%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for single-family homes under contract in the Tahoe/Truckee region.

94.7%

91.2%

95.4%

93.0% 92.5%

96.1%

89.5%

94.6% 94.8%

96.7%

94.1%

96.0% 96.0%

84%

86%

88%

90%

92%

94%

96%

98%


Source: Terradatum, October 7, 2014. Sales price as % of original price (including adjustments) for condominiums under contract in the Tahoe/Truckee region.

pacificunion.com


Alpine Meadows 2,637,500$ 5,833,000$ 121% 5 6 20% 76 64 -16% 450,000$ 921,500$ 105%

Donner Lake 4,494,000$ 9,438,000$ 110% 8 12 50% 32 79 147% 492,500$ 485,000$ -2%

Donner Summit 6,755,500$ 5,918,000$ -12% 17 8 -53% 56 141 152% 372,500$ 495,000$ 33%

Martis Valley 39,104,950$ 51,785,940$ 32% 33 30 -9% 130 89 -32% 550,000$ 727,500$ 32%

North Lake Tahoe 66,110,985$ 70,792,500$ 7% 84 59 -30% 81 76 -6% 526,450$ 585,000$ 11%

Northstar 7,635,275$ 9,502,000$ 24% 8 11 38% 128 61 -52% 750,000$ 830,000$ 11%

Squaw Valley 11,634,500$ 1,312,000$ -89% 4 1 -75% 392 46 -88% 1,257,750$ 1,312,000$ 4%

Tahoe City 28,335,450$ 23,807,500$ -16% 29 16 -45% 108 59 -45% 735,000$ 685,000$ -7%

Tahoe Donner 41,443,200$ 39,336,650$ -5% 68 58 -15% 59 52 -12% 555,000$ 617,250$ 11%

Truckee 50,994,950$ 64,466,940$ 26% 58 50 -14% 97 78 -20% 513,750$ 587,000$ 14%

West Shore 60,424,850$ 39,195,400$ -35% 51 40 -22% 78 79 1% 650,000$ 598,250$ -8%

Source: Terradatum, October 7, 2014. Data is for single-family homes in the Tahoe/Truckee region.

Tahoe/Truckee Snapshot: SFH, Q3 2014 vs. Q3 2013



Alpine Meadows 705,000$ 375,000$ -47% 2 1 -50% 98 13 -87% 352,500$ 375,000$ 6%

Donner Lake 347,803$ 388,000$ 12% 4 5 25% 22 864 3827% 57,402$ 80,000$ 39%

Donner Summit 210,000$ 165,000$ -21% 1 2 100% 203 239 18% 210,000$ 82,500$ -61%

North Lake Tahoe 11,239,000$ 9,444,500$ -16% 27 24 -11% 172 79 -54% 300,000$ 294,000$ -2%

NorthStar 5,174,500$ 4,100,250$ -21% 12 9 -25% 233 102 -56% 322,500$ 385,000$ 19%

Squaw Valley 4,746,037$ 2,348,350$ -51% 12 4 -67% 348 40 -89% 409,750$ 587,900$ 43%

Tahoe City 6,782,000$ 6,767,000$ 0% 17 13 -24% 156 84 -46% 289,000$ 382,500$ 32%

Tahoe Donner 2,703,500$ 3,365,350$ 24% 10 12 20% 26 104 300% 228,000$ 276,925$ 21%

Truckee 8,170,525$ 10,089,375$ 23% 13 18 38% 99 72 -27% 579,000$ 439,500$ -24%

West Shore 1,350,000$ 7,820,000$ 479% 2 6 200% 95 131 38% 675,000$ 552,500$ -18%

Tahoe/Truckee Snapshot: Condos, Q3 2014 vs. Q3 2013

Source: Terradatum, October 7, 2014. Data is for condominiums in the Tahoe/Truckee region.


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