#realestatemarket – Artisan Sotheby's International Realty

Sonoma County Market Trends

Heidi and I share over 40 years of experience in both residential and commercial real estate. We are setting new standards by refining the art of residential brokerage with a practiced eye for identifying the unique value of a property. We are very well versed in current real estate trends and offer our clients exceptional expertise when positioning their homes in today’s market or evaluating and securing an upcoming purchase.

The first couple of months of the year 2022 has been tough for the world, just as recovery from the pandemic seemed within reach, the current war has affected everyone’s lives. It has been an intense year, but we are thrilled to present you with the update on the Spring Real Estate in Sonoma County.

Properties sold 67% higher than last month and 14% lower than the same 1st Quarter of 2021.

The volume of new listings is 43% lower than last month and 49% lower than the same 1st Quarter of 2021.

Average Days on Market is 3% lower than last month and 30% lower than the same 1st Quarter of 2021.

“March sales data continues to suggest strong buying interest and a solid housing market, as the effects of higher mortgage interest rates won’t be realized for a few more months,” said CAR Vice President and Chief Economist Jordan Levine.

Rates may stabilize, rise further, or drop back down – they can change very quickly. The market is unpredictable, that’s why it is important to consult a real estate agent for a specific analysis of the neighborhood where you’re selling or buying. An informed decision goes a long way. Call us to establish a plan to achieve your personal real estate goals.

“The answer may not be at the beach but shouldn’t we at least check?”

Are you seeking sunshine, listening to the ocean waves, or vacation property of your own? Our newest listing in Dillon Beach is an extraordinary opportunity to purchase the best of all beach worlds. Take a sneak peek…

Bask in the elements and enjoy unparalleled relaxation from this private Dillon Beach contemporary home.

Sited with perfection on a premium oversized view lot, marvel at panoramic Pacific Ocean and coastline views encompassing Dillon Beach, Tomales Point, Tomales Bay, and Sugarloaf Mountain Peak. In addition to the sights, this home is surrounded by large native Cypress trees that provide a high degree of privacy. Together, the views and privacy create a feeling of sheer contentment.

This four-bedroom, three-bath home on Oceana Drive offers more than 2,700± square feet of indoor and outdoor living. Each bedroom provides a spacious layout, with a sumptuous owner’s suite. All bathrooms have high-efficiency Toto toilets.

This home has several decks: one with a propane fire pit and an enclosed patio with a Jacuzzi® hot tub off the main living area and a second off the owner’s suite for outdoor living. The home is heated by propane and a newer Bryant® furnace. There is also a CLIPPERCREEK charger for your electric car and an additional 30amp outlet.

On the main level, you will find a newer kitchen accented with a wall of mini glass subway tiles in Tahoe Blue. Appliances are all high-end, and the red Aga Range 6 gas burner is the room’s centerpiece. The vent hood is made by BEST® and has a commercial-grade blower attached. There is a Liebherr® refrigerator/freezer in stainless steel and an island that seats 4, housing a Franke® stainless steel double bowl deep sink with a Grohe® faucet. The countertops, including the island, are made of Silestone quartz.

The great room, complete with vaulted ceilings, is currently used for casual dining and entertaining. This room is equipped with a thermostat-controlled propane burning gas fireplace made by Morsøs® for those cold winter nights. The white-washed pine, wide plank floors add warmth and understated elegance to the living areas.

From the great room, wander into a bedroom (currently used as a media room) or up the extra wide staircase to the remaining bedrooms while catching a fantastic view of Tamales Point on the way up. The upstairs hallway/balcony is the perfect spot to showcase art or collectibles, and hay-colored Sisal® carpeting compliments the California coastal atmosphere.

With the owner’s suite on the first level, privacy is plentiful, with views of the coast and an outdoor deck. The en-suite bathroom with shower and soaking tub offer respite from the world.

A trap door in one of the closets allows access to a lower crawl space ideal for long-term storage. Additionally, the main level features laundry facilities with a Miele washer and dryer and the utility room housing the hot water heater and Bryant® furnace. There is also a ClipperCreek® charger for your electric car and an additional 30amp outlet.

Give us a call today for a private showing before this truly remarkable private coastal escape in Dillon Beach hits the market.

The distinctive and unique character of every property we list

Every property we list has a distinctive, unique character. It is our job to find the right buyer who appreciates all its individual qualities.

Heidi and I share over 40 years of experience in both residential and commercial real estate. We offer a deep commitment to providing our clients with exceptional service. Our focus is to listen and understand what you are looking for in a property. We offer our professional guidance by discussing options and alternatives and then establishing a plan to achieve your personal real estate goals.

Take a tour of a few of our current listings in Sonoma County. Reach out to schedule a private showing, or if you are in the market for a new home or real estate investment, you would like to discuss.

4940 Corrick Lane

Nestled high in the Mayacamas mountains at the doorsteps of the Valley of the Moon, this wine country estate takes in sweeping panoramic views from the San Francisco Bay, North, to the vineyards of the Russian River Valley. Combining the effortless sophistication of Hampton’s sensibility with the luxurious grandeur of a European Winery Estate, this is truly a one-of-a-kind residence where East Coast meets the West. Dramatic yet accessible, the thoughtful design enhances the changing atmosphere in each room as one moves throughout the home.

Unparalleled craftsmanship that entailed multiple years of intricately detailed work has come together to inspire columns, beams, and staircases that showcase exceptional residence.

This remarkable 35± acre gated estate offers a lifestyle of privacy overlooking the world-famous Sonoma Valley wine country, gateway to world-renowned wineries, a cyclists’ paradise, and the heart of California gastronomy, all within easy reach of the Pacific Ocean. Above the fog and below the weather, this property enjoys a unique micro-climate that is perfect year-round.

1937 Perth Avenue

Perched on a serene and private hillside in Highland Estates, this warm and inviting single-level home is the ideal country retreat while only minutes to every necessity. Enjoy the beauty of the natural surroundings of redwoods, oaks, and a seasonal stream. This home features a great room concept with tons of natural light, gleaming hardwood floors, and updated baths boasting granite countertops and tile flooring. Entertaining is a breeze with easy access to an expansive deck and hot tub underneath the gazebo. The primary suite has a tranquil deck to enjoy your morning coffee while listening to the sounds of nature all around you. The property includes an attached two-car garage and a detached outbuilding ideal as an office, artist studio, or possible guest house. Truly a place to call home.

183 Mountain Vista Place

Welcome to Northern California’s most exciting and vibrant adult community (55+) – Oakmont Village. This dynamic community offers an abundance of outdoor activities for your enjoyment, including golf, tennis, pickleball, swimming, and a spa. Located in a peaceful cul-de-sac on a sizeable low-maintenance lot, this well-maintained Oakwood Model is light and airy with a great room concept, tile flooring throughout for easy cleaning and mobility. The living room boasts high-beamed ceilings, a fireplace, and large picture windows with views of Annadel State Park. The eat-in kitchen features rich maple cabinets and views of the backyard. The property includes updated baths and an attached two-car garage. Move into this home and play in the heart of the Valley of the Moon and Sonoma County Wine Country.

6695 Oakmont Drive

Take a tour of this well-maintained two-bedroom home conveniently located near the Berger Recreation Center and community activities. Enjoy all the Oakmont Community ( for 55 year-olds and over) has to offer, such as movies, seminars, a swimming pool, community concerts, bocce ball, and other gatherings. Also close to restaurants, tennis, and golf. This home is ready for a fresh look and upgrades.

We also have several commercial listings that might pique your investor interest. Both are multi-unit subdivisions ready for your vision.

6405 Old Redwood Highway

Creekwalk is a proposed 24 unit subdivision which was ready to submit for tentative map in 2016 by BKF Engineering.

6122 Old Redwood Highway

The Oaks is a proposed 36 unit subdivision consisting of three contiguous parcels located on the northeast corner of Merner and Old Redwood Hwy in Windsor.

6119 Old Redwood Highway

Fully leased investment with development potential located in a mixed area of residential and commercial. Two parcels totaling approximately 1.42 acres zoned CC.

Deja Vu

Real estate is not unlike life. We experience pockets of time full of high-energy activity, coupled with slower, more quiet periods where we can reflect and regroup, followed by time frames of equality and balance and very little drama. Real estate is no different.

Once again, we are experiencing a frenzy of activity in the real estate market. Homes are selling before making it to the MLS; bidding wars, combined with higher prices and low inventory, are making buyers and sellers tense. Randy and I have experienced this type of extreme market before and are well versed in navigating both buyers and sellers through the experience.

For many reasons, people are moving all over the country, not just Sonoma County. Some are moving to level up their lifestyle. Some are downsizing, some have experienced a divorce or significant life change, and some want to live in an area more conducive to staying home for long stretches. The pandemic caused the market to skyrocket. Real estate is booming all across the United States; Sonoma County is not alone.

Our advice to both buyers and sellers is to stay calm, be prepared, and align yourself with a professional realtor to look out for your best interest throughout your transaction.

Buyers need to be prepared to overbid and not lose heart. Have an open mind and a realistic picture of what their must-haves are in a home. Ensure you are working with a Realtor who knows the area well and is experienced working with the other local agents, and is willing to be patient and go that extra mile with you.

Even in a seller’s market, sellers need to price at fair market value and have their property show-ready. Buyers are not interested in overpriced homes that are not well maintained.

One of the biggest challenges sellers face right now is scheduling inspections- well, septic and appraisals. Professionals all over the area are booking 3-4 weeks out. We suggest sellers get most of these types of inspections completed before even going on the market if possible. We see many properties under contract before they even come on the market, making the sellers who completed their inspections and property clean-up before listing their homes much better suited to having an easy transfer of ownership.

We recommend taking a deep breath and have confidence; no matter which side of the transaction you are on, you will get through it and enjoy whatever lies on the other side for you.

Spring Has Sprung!

The birds are chirping, the grasses are growing, the flowers are blooming, and real estate is hopping! After such an intense and challenging year, we are thrilled to have a full calendar showing property and the fast-paced nature of Spring Real Estate in Sonoma County.

We have seen a lot of improvement in the Real Estate market. Properties sold 33% higher than last month and 21% higher than the same 1st Quarter of 2020.

There is an average 5% increase in price-per-square-foot to last month and a 28% increase in price-per-square-foot to 2020.

Rounding out the statistics, the average days on the market, because inventory is still low, is now 23% lower than last month, and 15% lower than last month, and 27% lower than 2020.

There is a lot to be said for the real estate market improving; people are gaining confidence in our economy and the local area. We are seeing statistics reminiscent of Springs past that demonstrate the positive momentum moving into the summer.

Hang in there, Sonoma County. We are looking to fully reopen soon and resume our lives to the fullest.

Happy Spring!

Level Up Your Home

Home decorating and remodeling trends are alluring to us all. Residential improvement fills our minds with enticing projects and grandiose ideas of what we can do ourselves in our spare lockdown time! Luckily the start of a new year is one of the most popular times for every magazine and news outlet to share what’s trending! Here is a summary of what we found this month.

Front porch with chairs — Photo 167204043 © Evgeny Lashchenov | Dreamstime.com

Social Front Yards
Social Distance catch-ups are much more pleasant if an “In an effort to maximize your property and feel more connected to neighbors, social front yards will continue to be a priority,” Tilly Design’s forecast notes. Look out for porch swings, more oversized porches, and bistro-style seating in your neighbors front yard!

Outdoor kitchen and entertaining space — Photo 100963029 © Danny Raustadt | Dreamstime.com

Amped-up Indoor-Outdoor living spaces.
Highlighting a more natural flow between inside and outside living continues to trend high on homeowners’ wish lists. Large sliding or folding glass doors, drop-down screens on the porch, outdoor heating lamps, and outdoor fire pits are all likely must have’s in 2021.

Intensifying seasonal views.
There is nothing like looking outside, only to see a few leaves on a tree. Homeowners are improving their views year-round by adding outside focal points that combine evergreens, perennials, and ornamental grasses to showcase greenery all year round.

Residential raised garden beds — Photo 73365904 © Irina88w | Dreamstime.com

Gardening spots.
Similar to the wave of sourdough starters during the pandemic, many people are returning to the simple life and growing gardens for enjoyment and food production. “Even in small areas, vertical outdoor gardens can not only serve as a great hobby but also as a statement piece, Tilly Design’s report notes. Veggies, fruit, and herb gardens are in high demand.”

Prefabricated flex sheds
The “she shed” on tilt. Once used to store garden tools and boxes of memorabilia, sheds are now utilized as accessory dwelling units for returning grown children, renters, or quiet work-from-home quarters.

Family zoom on TV — Photo 46361881 © Andrey Popov | Dreamstime.com

Video conferencing living rooms.
Modern times have created the need for dedicated zoom space! With so many meetings, classes, weddings, showers, and even funerals happening virtually, seeing and hearing everyone on a small screen is challenging. Homeowners are now adjusting their home entertainment centers to double as a home video conferencing hub.

Warmer color palettes.
We always like to keep up-to-date on the latest paint colors; 2021 is no different! Homeowners are moving away from grays to a warmer, cleaner palette such as Sherwin-Williams’ “Shoji White,” “Sea Salt,” “Breathless,” or “Unfussy Beige.”

Finishing up our trendy home tour, you must check out the latest in custom appliance trends and high-end finishes making their way into 2021 homes. These can be found in Barbara Ballinger from Realtor Magazine’s latest article, A Myriad of Home Trends to Gain Momentum in 2021.

A New Normal. A New Home.

Heidi and I continue to see a robust real estate market in Sonoma County, particularly in Sebastopol. A noticeable lack of inventory has increased demand, and homes’ reduced time spent on the market. Overall, even under the extreme circumstances, we are all facing daily, the market is trending upward.

Sonoma County, as a whole between May 2020 and June 2020, shows the number of homes on the market to be down and an increase in sales by 128% and a 43% increase in pending transactions. Due to the mandated shelter in place, these statistics make sense. Comparing these numbers to last year gives us the idea that inventory is still an issue no matter what has happened recently. Inventory is down 22% to June 2019. Compared to last June, sales are up by 4%, and pending purchases are up by 47%.

Sebastopol is a similar picture. Compared to last month, inventory has decreased even more by 11% and by 30% to the previous year. Sebastopol is up 145% to last month and 12% to the same time last year. Pending sales are up 116% to last month and 6% to the same time last year.

Heidi and I feel the uptick in the market directly correlates to the pandemic and the global changes it has made to how people live. “Home” now conjures a different set of rules and expectations. A home is now a place that functions on all levels of life and living. Vast numbers of people are currently working from home, schooling from home, sheltering in place for long periods, and even staycations. We are seeing that most people wish to upgrade their current circumstances, and if they are able, they are doing so by moving into a dwelling that avails itself to all these additional special requirements.

An article recently published in The Press Democrat by Meg McConahey How Covid-19 is forcing homeowners to rethink design mimics what we are witnessing with buyers. What people are looking for in a home has changed. Buyers are looking for more flexibility in a house and the spaces within. It gives a whole new meaning to the phrase “home sanctuary.”

Does your home make you happy? Give us a call. We would love to help you find your unique sanctuary here in Sonoma County.

Sonoma County Real Estate 2019 and 2020

As we do every year, we took a quick look back at the 2019 Sonoma County Real Estate Market. We reflected on what had the most profound impact on the housing market and some of the trends we are anticipating from Buyers and Sellers in 2020.

Two of the most significant pressures on the real estate market this year were the Kincaid wildfire and continued uncertainty of the Federal government.

The wildfires we have experienced over the last several years will continue to impact our housing market in multiple ways. The displacement of families, loss of property, and a shortage of rentals put stress on the real estate market. The Kincaid fire has been no exception.

As we have seen over the last few years, when there is political uncertainty globally or locally, the housing market is impacted.

We look closely at housing trends in the market that we witness throughout the year and try to gauge their importance in the coming year. We have seen that buyers expect that home must be move-in ready; the days of building sweat equity are almost non-existent. Sellers need to make sure their homes are clean, move-in ready, and devoid of issues that need fixing after closing.

In general, the 2019 housing inventory increased, prices went down, and there were plenty of buyers, although they were not acting quickly.

Looking at the data over the past year, we seem to be right back where we started the previous year. Days on the market are similar, pricing is about the same, and the absorption of our inventory remains steady. We had a spike in May, but we also had an increase in stock. Overall we had a very stable year, and we are expecting the same in 2020.

As we slowly make our way into 2020, Randy is most looking forward to the new greenhouse he built in the summer of 2019 and planting some exotic peppers (ghost), amongst other vegetables. Heidi continues to family and friends, hikes throughout Sonoma County, and long bike rides.

2019 was our first year in the new office on McKinley Street in downtown Sebastopol. Our location is very vibrant, and we feel more a part of the Sebastopol community. Clients and friends stop by while shopping at the nearby stores, and our door is always open. We are looking forward to helping you with all your real estate needs in 2020.

Sebastopol Real Estate At A Glance

Our new office in the heart of downtown Sebastopol gives us a unique perspective on the overall activity in our thriving town. We watch the consistent pedestrian traffic of shoppers, workers, and tourists, coming in and out of various places of business; children playing on the plaza square, and bicyclists riding along our newly dedicated bike lane. There is a gentle hum of activity throughout the day that is pleasant to witness and be a part of. Our real estate market mimics this buzz of activity.

The Sebastopol real estate market has always been competitive and seems to hover around a slight Seller advantage. The current market is no different. While the Market Action Index shows some strengthening in the last few weeks. Even though average prices have settled into a bit of a plateau, we anticipate things to start increasing shortly due to being in a Seller’s market. When the advantage is to the seller, however slight, prices are likely to resume their climb. Current trends show the median list price for a Sebastopol home is $960,000 with a price per square foot of $529.

By measuring the rate of sales versus the inventory we can see there is a slight Seller’s advantage. With the Market Action Index (real estate supply and demand) at 34, it is showing an increase over last week of 32, indicating an increase in market activity.

There are a variety of homes, land, and business opportunities on the market right now. Currently, Heidi and I have listed an amazing wine country property on Harrison Grade Road in Sebastopol. Situated on a quintessential Sebastopol road of gentle curves and picturesque landscapes of vineyards, apple orchards, and homes, this listing does not disappoint.

We have a number of exciting listings in Sebastopol. Cotati, Healdsburg, Petaluma, Willow Creek, and Camp Meeker as well. From a fabulous retreat style home, an equestrian property, a 400+ acre property, to a commercial development opportunity and a legal/permitted cannabis grow site, there is never a shortage of unique and inspiring real estate in Sonoma County.

It is exciting to see the growth in our community from year to year. We can always count on this market to keep things lively. We welcome all your questions about the market. We also offer a no strings attached, free estimate on any property’s value. It is always interesting to see where your property might fall in our diverse and growing market. Give us a call or email us directly by clicking here.

Sebastopol Borrowers See Slight Fall in Mortgage Interest Rates

It was fairly clear that the table had been set for the last Federal Reserve meeting to result in a minimal rise in mortgage interest rates. Their Fed Funds rate directly influences the mortgage interest rates that banks observe. Since Sebastopol real estate activity can be spurred or dampened by the monthly payment amounts Sebastopol mortgage lenders offer applicants, this national story has meaningful local repercussions.

It wound up as a non-event that nonetheless spawned action—albeit in a minor way. In May, Chair Yellen had said that a rate increase would be “appropriate” over the summer months. In the lead-up to last month’s meeting, other Fed governors had strongly implied that it was now time for a slight Fed Funds bump.

Still, most commentators kept their prognostications vague; they had been vociferously anticipating a move for many cycles, only to hear serial postponements from the Fed. In addition to having been burnt before by Fed head fakes, there was also another reason why a no-go might happen this time around. Regardless of what the jawboning had been, economic and employment growth was still stuck in first gear—and a rate hike could retard improvement.

The commentators weren’t wrong to hold fire. Once again, the Fed did nothing (except make even more noise about an interest rate hike…later).

Yet, even so, the market forces that nudge mortgage interest rates one way or the other did seem to react. After the non-announcement, rates barely budged at first—but then continued steadily lower (the lowest in weeks, in fact). By week’s end, the Mortgage News Daily announced that the string of moves had brought mortgage interest rates into a “post-Brexit range”—similar to the conditions “that sent rates plunging toward all-time lows.”

The reasons last month were less than certain, although frustration with the Fed’s lack of coherence was fairly unanimous. CNBC interviewed big time investment manager Bill Gross, who said that investors were left “very confused” by the meeting’s outcome. He pointed to the likely rate raise that Yellen had emphasized at last month’s Jackson Hole speech, as well as to Fed Vice Chair Stan Fischer’s earlier assurance that there would be two hikes this year.

All this left Sebastopol mortgage interest rate watchers to make their own assessments about what to expect for future conditions—most importantly, whether current favorable low-interest rates could be counted on for long. There had been at least one indicator that optimists could welcome. Almost unnoticed was a footnote to the Fed’s announcement. Back in June, the Fed had predicted the lending rate to end 2016 at .9 percent. It now said the likely number would be .6%. That would result in Sebastopol mortgage interest rates still comfortably in the historically low range—hardly a flashing red light for would-be borrowers.

Wherever the Fed heads eventually, it’s indisputable that right now Sebastopol mortgage interest rates remain fetchingly low—creating rare opportunities for buyers and sellers both. Why not give us a call to explore how you can take advantage today?