Luxury homes for sale in sebastopol ca

Luxury homes for sale in sebastopol ca

The global luxury real estate market is a continually evolving with diverse preferences and amenities, where the prices can vary as much as the homes themselves. For Sebastopol, CA the small town atmosphere exudes a quaint, down to earth quality, yet offers desirable homes that reflect a more opulent lifestyle. These homes, amplified by the town’s charm, offer a state of great comfort and extravagant California living. 

What defines a luxury home? Property value is key. Depending on the location, the starting price for a luxury property could be as little as $1 million or as high as $10 million. Worldwide, the average is $2.2 million. From prime to ultra-prime and beyond, the world of luxury real estate continues to evolve alongside changing desires in lifestyle, growing financial objectives, and distinct desires of those who purchase high-value homes.

Here, we offer fresh perspectives on how macroeconomic factors are impacting luxury home prices, inventory, and sales globally. This year luxury homes for sale in Sebastopol (defined as 11/15 - 11/16), there were 79 luxury homes for sale and eight of those homes sold in that same time frame. Sebastopol is seeing growth in this sector of real estate. In the first quarter of 2015 (September to November of 2015), there were 18 luxury homes for sale and one home sold in that same period. Although price per square foot and overall home price has seen a slight decrease during those same months the number of luxury homes for sale and sold homes increased over the year. In the first quarter of 2016, there were 25 homes for sale and three sold. Luxury home inventory and sales grew from 2015 to 1016 by 40% and 200%, respectively. Another important statistic to note which speaks to desirable location and lifestyle, is the number of days homes are on the market. Luxury homes were on the market for a total of 218 days in the first quarter of 2015, and decreased by 23% to 168 days.

The trends seen in Sebastopol, are not uncommon. Home inventory is indirectly proportional to the price of the homes in the area. Still, the market growth can be seen in the number of luxury homes being sold in Sebastopol and the average days on the market. Both of these parameters show the luxury home market in Sebastopol, California is desirable for its richness in property and lifestyle. 

Contact us  for all your Luxury homes for sale in Sebastopol needs today!

Contact Information

Randy Mack and Heidi Faulkner
Artisan Sotheby's International Realty
7775 Healdsburg Ave.
Sebastopol CA 95472
(707) 696-6272
(707) 480-4098
Fax: (707) 824-0587