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Buyer's guide 2014

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& Buyer’s<br />

Guide <strong>2014</strong><br />

Full Spectrum


&<br />

Dianne Vernon<br />

Bob Pennypacker<br />

Because Confidence is Earned<br />

Speaking the Language of Luxury Real Estate—Fluently<br />

Full Spectrum<br />

338 Healdsburg Ave.<br />

HEALDSBURG , CA 95448 707.433.2000<br />

2<br />

DianneVernon@sbcglobal.net<br />

tel: 877.630.7732<br />

Bob@BobPennypacker.com<br />

tel: 707.799.6032<br />

Dianne<br />

Bob


W<br />

ith backgrounds in architecture, corporate sales, marketing, and home building,<br />

Bob and Dianne bring a unique perspective to their work as real estate<br />

professionals...and they love every minute of it. When you meet them, you can just<br />

feel their passion for homes and for helping people with their real estate vision. They<br />

feel it is a privilege to be invited into your life to help with such an important decision.<br />

Ready to turn your ideas into reality? Contact Bob or Dianne, and they’ll help <strong>guide</strong><br />

you on your real estate journey.<br />

3


Welcome to Healdsburg<br />

H ealdsburg is a small and wonderfully<br />

diverse real estate market where<br />

home ownership spreads over a wide<br />

financial realm. In other words, there<br />

is something for everyone!<br />

Although our beautiful town has<br />

grown to be a sought after<br />

“destination” it is simply not true that<br />

home ownership in Healdsburg is<br />

restricted to the wealthy.<br />

Bob and Dianne have taken on the<br />

Healdsburg statistics – as well as<br />

surrounding environs- to help bring to<br />

light an accurate homebuyer’s price<br />

scenario. We have stratified the<br />

homes into segments depending on<br />

your neighborhood preferences.<br />

Healdsburg and Vicinity 2009 2010 2011 2012 2013 2013 deviance<br />

from max/<br />

min<br />

Average Home Area (SF) 1,842 1,884 1,948 1,878 1,881<br />

Sales Volume (units) 149 167 176 233 215 44%<br />

DOM 164 161 143 139 113 -31%<br />

$/sf 376.07 441.88 347.86 362.50 437.52 16%<br />

AverageSales Price 739,102 837,389 711,731 785,030 883,156 24%<br />

Highest 5,750,000 6,750,000 9,200,000 8,400,000 7,200,000<br />

Lowest 105,700 55,000 121,000 148,000 165,000<br />

Sales Volume ($) 110,126,261 139,843,908 125,264,680 182,912,088 189,878,476 72%<br />

4


Very few conclusions can be drawn from the<br />

statistics illustrated below other than we have<br />

a strong real estate market in Healdsburg and<br />

we are recovering nicely from the mortgage<br />

crisis in 2007. Prices have risen 24% as<br />

compared to five years ago, the relative<br />

number of homes sold has gone up accordingly<br />

and the time a property is on the market (days<br />

on market-DOM) is down. This tells us that<br />

buyers are anxious to purchase and move into<br />

their homes without delay! It is important to<br />

note that the "word on the street" is that there<br />

is no inventory so why<br />

bother even looking for a home. The truth is,<br />

there are plenty of homes to choose from and<br />

with a creative real estate professional leading<br />

the way, you will find the property that you<br />

desire.<br />

In reviewing recent past years’ real estate sales<br />

statistics, Bob and Dianne noticed a significant<br />

spread between the minimum and maximum<br />

price of homes sold in the Healdsburg real estate<br />

market. Our goal is to de-mystify these statistics<br />

and find you a home in a desirable neighborhood<br />

at a price point that works for your budget.<br />

5


The Healdsburg Real Estate Market<br />

Starter Homes<br />

<br />

<br />

<br />

<br />

It is important to note that the<br />

number of homes being sold in<br />

this category has continued to<br />

rise.<br />

There are more starter homes being<br />

built in Healdsburg due to the<br />

increase of buyers<br />

The prices have climbed in the last<br />

couple of years but have not gone<br />

out of reach<br />

Of the 51 starter homes that were<br />

sold in 2013, 42 of those were under<br />

$500,000!<br />

Starter Homes (up to<br />

1,500 sf on lots smaller<br />

than 8,000 sf)<br />

2009 2010 2011 2012 2013<br />

2013 deviance<br />

from max/min<br />

Average Home Area (SF) 1,140 1,229 1,221 1,229 1,258<br />

Average Lot Area (SF) 5,019 5,422 5,316 5,112 4,906<br />

Sales Volume<br />

(units) 39 58 57 65 51 31%<br />

DOM 139 149 108 87 60 -60%<br />

$/sf 317.70 284.26 274.39 287.38 341.47 24%<br />

AverageSales Price 358,615 352,804 330,403 339,803 415,437 26%<br />

Highest 525,000 799,000 730,000 590,000 900,000<br />

Lowest 170,000 113,000 121,000 148,000 225,000<br />

Sales Volume ($) 13,986,000 20,462,623 18,832,985 22,087,190 21,187,290 51%<br />

6


Mezzo Market<br />

<br />

<br />

<br />

The mid-range or Mezzo Level<br />

homes have sold steadily,<br />

increasing in volume since 2010.<br />

This level of home was least<br />

impacted by the mortgage crisis<br />

as the buyers that would normally<br />

be “moving up” stayed in their<br />

starter homes as did the Mezzo<br />

range homeowners until the crisis<br />

abated. Therefore the activity in<br />

these two categories of homes<br />

was much lower until 2010 and<br />

beyond.<br />

This category serves a very large<br />

group in Healdsburg as do the<br />

starter homes belying the notion<br />

of “restricted to the wealthy”<br />

Mezzo Market Homes<br />

(1,500-2,100 sf on up to 5<br />

acres)<br />

2009 2010 2011 2012 2013<br />

Average Home Area (SF) 1,789 1,747 1,701 1,737 1,777<br />

Average Lot Area (acres) 0.50 0.72 0.50 0.62 0.52<br />

2013 deviance<br />

from max/<br />

min<br />

Sales Volume (units) 58 37 55 80 54 -7%<br />

DOM 180 151 121 139 105 -14%<br />

$/sf 314.15 316.18 271.11 306.56 351.51 16%<br />

Sales Price 566,617 551,559 494,494 550,943 645,857 24%<br />

Highest 1,325,000 1,050,000 1,225,000 1,600,000 2,000,000<br />

Lowest 160,000 280,000 175,000 178,000 221,921<br />

Sales Volume ($) 32,863,780 20,407,685 27,197,158 44,075,409 34,876,271 71%<br />

7


The Healdsburg Real Estate Market<br />

Downtown<br />

T housands of<br />

years ago, this<br />

beautiful, lush<br />

area called<br />

Healdsburg was<br />

home to the<br />

Pomo Indians. These early<br />

residents built their village in the<br />

open, fertile valleys along the<br />

Russian River. They hunted the elk,<br />

bears, and mountain lions that<br />

roamed the dense oak and<br />

madrone forests along the<br />

meandering river. Occasional visits<br />

of European sailing vessels on the<br />

California Coast from the 1500's to<br />

early 1800's had little impact on<br />

the area. The mid-1800's, however,<br />

brought new settlers.<br />

The Russians built Fort Ross on the<br />

coast, and the Mexican<br />

government established the vast<br />

48,000-acre Rancho Sotoyome.<br />

This enormous land grant was<br />

awarded to sea captain Henry<br />

Delano Fitch in 1841 ( Fitch<br />

Mountain was named in his<br />

honor).<br />

Fitch promptly hired trapper Cyrus<br />

Alexander to manage his bountiful<br />

Fitch rancho (the magnificent<br />

Alexander<br />

Valley is named for<br />

this early tenant).<br />

The California gold<br />

rush of 1849<br />

brought itinerants,<br />

squatters, and<br />

failed miners to the<br />

more generous<br />

farming land here.<br />

Over the years, these squatters<br />

settled on the verdant land owned<br />

by the family. In 1857, a fight<br />

named the "Westside Road Wars"<br />

commenced among the squatters.<br />

One of the winners of this colorful<br />

conflict was Harmon Heald, an<br />

Ohio entrepreneur. In a stroke of<br />

inspiration, Harmon Heald mapped<br />

out a large, Spanish style plaza*<br />

for the center of the town in 1857.<br />

Today that plaza is still the hub of<br />

all activity in the area, 152 years<br />

later!<br />

Downtown Sales 2009 2010 2011 2012 2013<br />

2013 deviance<br />

from max/<br />

min<br />

Average Home Area (SF) 1,723 1,658 1,656 1,770 1,762<br />

Average Lot Area (SF) 6,583 8,367 10,575 9,958 8,517<br />

Sales Volume (units) 33 20 29 33 33 65%<br />

DOM 133 115 127 111 49 -58%<br />

$/sf 368.68 418.67 383.79 424.45 472.12 28%<br />

AverageSales Price 639,197 691,100 634,259 645,930 782,470 23%<br />

Highest 1,325,000 1,850,000 1,265,000 2,500,000 2,100,000<br />

Lowest 335,000 210,000 210,000 290,000 400,000<br />

Sales Volume ($) 21,093,500 13,822,000 18,393,500 21,315,700 25,821,500 87%<br />

8


Just about every day a visitor<br />

comes in to our offices at the corner<br />

of North and Healdsburg Avenue.<br />

They are enchanted by the<br />

"Spanish Style Plaza*", bandstand,<br />

charming shops, tasting rooms,<br />

and restaurants. They predictably<br />

declare: "I would like a home that<br />

is walking distance to downtown!"<br />

This is a common goal and somewhat<br />

challenging to achieve. However,<br />

with a bit of patience, a<br />

ready bank account statement,<br />

pre-authorization from your lender,<br />

and ability to move quickly<br />

when the time comes, a "walk to<br />

the Plaza home" could be yours!<br />

In reflecting on the statistics below<br />

you will find that the volume<br />

of sales is steady and the prices<br />

continue to rise. This is all the<br />

more reason to act quickly when a<br />

home that works for you comes<br />

available! In addition many of the<br />

homes purchased near the Plaza<br />

are considered "Land Value"<br />

meaning they will be torn down<br />

and replaced with a larger home.<br />

Bob and Dianne have been very<br />

successful in securing these properties<br />

for their clients. Experience,<br />

creativity and long standing trusted<br />

relationships are the keys.<br />

9


The Healdsburg Real Estate Market<br />

The River and Fitch Mountain<br />

A nother neighborhood that<br />

is very eclectic and charming is the<br />

Fitch Mountain/Russian River<br />

community.<br />

In the 1920’s a road was extended<br />

from Healdsburg’s plaza eastward<br />

several miles, opening up a<br />

roadway that allowed people to<br />

drive all the way to the river, to<br />

the spot where a physician named<br />

Rose established a resort he<br />

named, “Camp Rose”, and this<br />

region’s Russian River Resort era<br />

began, bringing tourists and locals<br />

alike to the beach resort for<br />

summer swimming and boating,<br />

meals and lodging.<br />

The road from Healdsburg, which<br />

dead ended at Camp Rose, was<br />

eventually extended by 1935 to<br />

reach all the way around the<br />

impassable “wilds” of Fitch<br />

Mountain, opening up riverfront<br />

lots for the building of summer<br />

cabins, most frequently by<br />

residents of San Francisco, and<br />

thereabouts, wanting a restful<br />

vacation home away from the<br />

city.<br />

The River and Fitch Mountain<br />

2009 2010 2011 2012 2013<br />

2013 deviance<br />

from max/min<br />

Average Home Area (SF) 952 1,260 1,263 1,087 1,309<br />

Average Lot Area (acres) 0.78 0.19 0.34 0.19 0.20<br />

Sales Volume (units) 6 7 10 13 9 50%<br />

DOM 101 162 83 106 64 -36%<br />

$/sf 354.21 334.35 360.22 389.81 370.93 11%<br />

Sales Price 342,600 413,129 422,397 401,788 489,000 43%<br />

Highest 659,000 680,000 885,000 765,000 900,000<br />

Lowest 170,000 213,000 121,000 148,000 165,000<br />

Sales Volume ($) 2,189,000 2,891,900 4,223,967 5,223,250 4,401,000 101%<br />

10


Fitch Mountain<br />

11


The Healdsburg Luxury Real Estate Market<br />

$1,000,000-$2,000,000<br />

T<br />

his market is among the most diverse in<br />

Healdsburg. Properties range from elegant<br />

in-town villas to country properties on a<br />

few acres.<br />

The entry level luxury market continues its<br />

strong comeback from the housing crisis.<br />

Sales volumes have doubled from their<br />

lows in 2009 and 2011; on average, prices<br />

are up 22% from their low point, and<br />

homes are selling faster.<br />

Properties valued between<br />

$1,000,000 and<br />

$2,000,000<br />

2009 2010 2011 2012 2013<br />

2013 deviance<br />

from max/<br />

min<br />

Average Home Area (SF) 2,759 2,922 2,533 2,724 2,454 -11%<br />

Average Lot Area (SF) 7.87 3.74 10.12 6.69 6.62 -35%<br />

Sales Volume (units) 18 24 18 25 34 89%<br />

DOM 173 211 168 164 125 -26%<br />

$/sf 550.15 482.47 563.17 608.63 613.35 27%<br />

AverageSales<br />

Price 1,360,722 1,396,042 1,168,944 1,448,800 1,427,294 22%<br />

Sales Volume ($) 24,493,000 33,505,000 21,041,000 36,220,000 48,528,000 131%<br />

12


T<br />

his market segment consists of big land,<br />

grand homes and exclusivity.<br />

Estates $2,000,000 and over<br />

These properties’ values are on the ascent.<br />

In this distinctive sector each property is<br />

unique. Therefore direct comparisons are<br />

generally not realistic.<br />

The relevant statistics to review are the<br />

sales volumes which have doubled since<br />

2009.<br />

Properties valued above<br />

$2,000,000<br />

2009 2010 2011 2012 2013<br />

2013 deviance<br />

from max/min<br />

House area (SF) 3,631 4,311 5,491 4,222 3,251<br />

Lot (Acres) 33.01 74.12 20.70 36.71 15.23<br />

Sales Volume (units) 8 11 9 15 18 125%<br />

DOM 188 149 232 189 176<br />

$/sf 946.03 1,138.64 836.18 1,046.54 840.95<br />

Sales Price 3,245,785 4,076,818 3,788,889 3,824,038 2,888,174<br />

Highest 5,750,000 6,750,000 9,200,000 8,400,000 7,200,000<br />

Sales Volume ($) 25,966,281 44,845,000 34,100,000 57,360,574 51,987,000 100%<br />

13


Healdsburg Land Market<br />

Land up to 5 acres<br />

T he land market experienced a sharp dip<br />

during the financial crisis. During the years<br />

of 2007-2010 homes in this area were<br />

selling for less than it would cost to build<br />

them. Therefore investing, building, or<br />

lending on land was greatly reduced.<br />

Fast forward! Land is now very much in<br />

demand. New homes are appearing where<br />

old homes exhibiting deferred<br />

maintenance once stood.<br />

Thanks to the planning and architectural<br />

review departments in the town of<br />

Healdsburg the new homes continue to<br />

maintain the charm of our historic town.<br />

Building parcels up to<br />

5 acres<br />

2009 2010 2011 2012 2013<br />

2013 deviance<br />

from max/min<br />

Land Area (acres) 0.69 1.12 0.73 0.71 1.01<br />

Sales Volume (units) 7 4 12 7 11<br />

DOM 166 298 490 668 216<br />

$/acre 329,670 288,135 385,718 362,481 661,407 101%<br />

Sales Price 188,500 374,781 191,258 188,407 320,555 70%<br />

Highest 265,000 260,000 425,000 330,000 725,000<br />

Lowest 112,500 61,904 100,000 72,500 27,100<br />

Sales Volume ($) 1,319,500 554,404 2,295,100 1,318,850 3,526,100 167%<br />

14


T his segment of the market has been<br />

relative stable—prices are slightly on the<br />

rise and volume is fairly consistent. These<br />

properties tend to have more of<br />

commercial base and blah blah blah.<br />

Land more than 5 acres<br />

Building parcels more than<br />

5 acres<br />

2009 2010 2011 2012 2013<br />

2013 deviance<br />

from max/min<br />

Land Area (acres) 59.38 69.416 105.93 93.26 31.44<br />

Sales Volume (units) 9 10 9 16 13<br />

DOM 265 321 322 349 318<br />

$/acre 57,885 39,750 62,462 53,977 66,595 15%<br />

Highest 171,429 148,000 217,725 106,082 150,330<br />

Lowest 1,275 3,281 2,632 1,525 7,813<br />

Sales Price 1,767,111 776,500 2,105,556 1,147,384 1,234,231<br />

Highest 4,600,000 1,850,000 8,365,000 3,060,000 1,950,000<br />

Lowest 204,000 275,000 210,000 192,500 430,000<br />

Sales Volume ($) 15,904,000 7,765,000 18,950,000 18,358,150 16,045,000<br />

15


Wine Country Market<br />

B<br />

ased in centrally located<br />

Healdsburg, Bob and Dianne are<br />

well-versed in the real estate<br />

markets in both Napa and Sonoma<br />

counties.<br />

As you consider searching for<br />

property in these areas, we hope<br />

our Buyers’ Guide will help you<br />

understand the nuances and<br />

variation in values from locale to<br />

locale.<br />

Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale<br />

Average Home Area (SF) 1,881 1,772 2,023 1,965 1,591 1,349<br />

Sales Volume (units) 215 446 24 38 325 179<br />

DOM 113 71 89 122 85 96<br />

$/sf 437.52 399.70 465.83 529.61 311.77 201.65<br />

AverageSales Price 883,156 777,714 975,592 1,026,155 475,645 383,547<br />

Highest 7,200,000 15,435,000 3,800,000 3,589,000 4,275,000 2,350,000<br />

Lowest 165,000 140,000 355,000 212,000 25,000 99,500<br />

Sales Volume ($) 189,878,476 346,860,494 23,414,200 38,993,890 220,165,653 68,854,828<br />

Market Share ($) 9% 16% 1% 2% 10% 3%<br />

Market Share (units) 6% 13% 1% 1% 9% 5%<br />

16


Windsor St. Helena Calistoga<br />

Santa Rosa<br />

Northeast Northwest Southeast Southwest<br />

1,830 1,984 1,975 2,052 1,599 1,891 1,477<br />

338 109 74 710 508 358 217<br />

76 208 160 74 61 68 67<br />

242.78 509.23 478.53 281.91 241.39 286.18 225.72<br />

449,354 1,331,865 928,081 578,461 365,237 540,044 316,438<br />

3,300,000 7,175,000 5,200,000 8,200,000 1,493,000 4,250,000 660,000<br />

127,000 295,000 199,000 128,000 104,000 150,000 110,400<br />

151,881,496 145,173,250 68,677,969 410,707,641 185,540,394 193,335,890 68,667,076<br />

7% 7% 3% 19% 9% 9% 3%<br />

10% 3% 2% 20% 14% 10% 6%<br />

17


Wine Country Starter Homes<br />

Healdsburg<br />

Cloverdale<br />

Healdsburg<br />

St. Helena<br />

Healdsburg<br />

Sold for $415,000<br />

1,249 Sf<br />

3 BR, 2BA<br />

4,956 sf lot<br />

DOM 23<br />

Starter Homes (up to Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale<br />

1,500 sf on lots smaller<br />

than 8,000 sf)<br />

Average Home Area (SF) 1,258 1,113 1,253 1,065 1,066 1,181<br />

Average Lot Area (SF) 4,906 5,663 10,890 14,375 4,792 5,750<br />

Sales Volume (units) 51 120 8 11 25 56<br />

DOM 60 54 39 52 93 70<br />

$/sf 341.47 335.86 389.51 378.45 245.99 212.47<br />

AverageSales Price 415,437 365,099 474,775 463,182 268,496 248,281<br />

Highest 900,000 825,000 535,000 765,000 617,000 360,000<br />

Lowest 225,000 140,000 355,000 212,000 40,000 99,500<br />

Sales Volume ($) 21,187,290 43,811,861 3,798,200 5,095,000 6,712,399 13,903,725<br />

Market Share ($) 6% 13% 1% 2% 2% 4%<br />

Market Share (units) 5% 12% 1% 1% 2% 6%<br />

18


Most Affordable Market<br />

Most Expensive Market<br />

Cloverdale<br />

Sold for $240,000<br />

900 Sf<br />

3 BR, 1BA<br />

6,098 sf lot<br />

DOM 32<br />

Saint Helena<br />

Sold for $640,000<br />

745 Sf<br />

2 BR, 1BA<br />

3,920 sf lot<br />

DOM 37<br />

Windsor St. Helena Calistoga<br />

Santa Rosa<br />

Northeast Northwest Southeast Southwest<br />

1,201 1,129 1,170 1,176 1,231 1,208 1,215<br />

4,356 6,098 6,098 5,663 5,227 5,663 5,227<br />

72 17 10 196 236 118 91<br />

74 153 39 60 56 58 56<br />

251.37 616.13 362.29 305.61 252.51 273.34 239.53<br />

302,547 680,618 414,950 350,700 308,867 321,910 288,325<br />

427,000 1,040,000 549,500 704,000 410,000 510,000 371,500<br />

127,000 400,000 285,000 128,000 108,000 150,000 167,000<br />

21,783,400 11,570,500 4,149,500 68,737,237 72,892,537 37,985,346 26,237,595<br />

6% 3% 1% 20% 22% 11% 8%<br />

7% 2% 1% 19% 23% 12% 9%<br />

19


Wine Country Mezzo Market<br />

Healdsburg<br />

Cloverdale<br />

Healdsburg<br />

St. Helena<br />

Healdsburg<br />

Sold for $659,000<br />

2,100 sf<br />

3BR, 2BA<br />

10,018 sf lot<br />

DOM 20<br />

Mezzo Market (1,500-<br />

2,100 sf on lots smaller<br />

than 5 acres)<br />

Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale<br />

Average Home Area (SF) 1,777 1,777 1,839 1,836 1,787 1,589<br />

Average Lot Area (SF) 0.52 0.57 2.39 1.98 1.35 0.14<br />

Sales Volume (units) 54 68 3 10 106 54<br />

DOM 105 99 23 249 73 79<br />

$/sf 351.51 402.10 466.82 438.45 327.79 211.29<br />

AverageSales Price 645,857 716,198 868,333 798,300 584,283 366,864<br />

Highest 2,000,000 1,800,000 1,240,000 1,395,000 985,000 730,000<br />

Lowest 221,921 310,000 465,000 525,000 25,000 206,000<br />

Sales Volume ($) 32,863,780 70,593,196 2,605,000 7,983,000 61,939,746 19,810,630<br />

Market Share ($) 6% 13% 0% 1% 11% 4%<br />

Market Share (units) 5% 7% 0% 1% 10% 5%<br />

20


Most Affordable Market<br />

Most Expensive Market<br />

1 Cloverdale<br />

Sold for $365,000<br />

1821 Sf<br />

2BR, 2BA<br />

6,035 sf lot<br />

DOM 67<br />

Saint Helena<br />

Sold for $1,025,000<br />

1,633 Sf<br />

2 BR, 2BA<br />

8,712 sf lot<br />

DOM 66<br />

Windsor St. Helena Calistoga<br />

Santa Rosa<br />

Northeast Northwest Southeast Southwest<br />

1,797 1,772 1,786 1,793 1,758 1,781 1,965<br />

0.18 0.56 0.64 0.78 0.26 0.36 0.37<br />

143 38 18 193 163 103 82<br />

71 165 76 60 59 51 79<br />

234.70 590.32 369.76 262.81 224.67 264.00 187.78<br />

420,703 1,031,412 653,333 470,929 393,882 470,664 361,625<br />

685,000 1,970,000 1,100,000 1,195,000 760,000 732,000 660,000<br />

230,000 565,000 335,000 190,000 222,600 275,000 215,000<br />

60,160,565 39,193,656 11,759,994 90,889,297 64,202,766 48,478,392 29,653,250<br />

11% 7% 2% 17% 12% 9% 5%<br />

14% 4% 2% 19% 16% 10% 8%<br />

21


Wine Country Market $1,000,000-$2,000,000<br />

Healdsburg<br />

Healdsburg<br />

Windsor<br />

Glen Ellen<br />

Healdsburg<br />

Sold for $1,450,000<br />

3474, Sf<br />

4BR, 4BA<br />

2.11 acre<br />

DOM 40<br />

Properties From<br />

$1,000,000 to $2,000,000<br />

Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale<br />

Average Home Area (SF) 2,454 2,414 2,723 2,584 3,001 3,603<br />

Average Lot Area (SF) 6.62 2.57 6.74 4.75 9.68 4.50<br />

Sales Volume (units) 34 71 8 10 24 2<br />

DOM 125 90 100 200 120 90<br />

$/sf 613.35 569.77 545.72 623.01 501.49 359.58<br />

AverageSales Price 1,427,294 1,321,655 1,396,250 1,522,927 1,304,280 1,265,000<br />

Highest 2,000,000 1,995,000 1,890,000 1,950,000 1,900,000 1,380,000<br />

Lowest 1,000,000 1,000,000 1,120,000 1,035,000 1,000,000 1,150,000<br />

Sales Volume ($) 48,527,996 93,837,505 11,170,000 15,229,270 31,302,720 2,530,000<br />

Market Share ($) 14% 27% 3% 4% 9% 1%<br />

Market Share (units) 13% 27% 3% 4% 9% 1%<br />

22


Most Affordable Market<br />

Most Expensive Market<br />

Windsor<br />

Sold for $1,196,000<br />

3475, Sf<br />

5BR, 4BA<br />

0.48 acre<br />

DOM 18<br />

Glen Ellen<br />

Sold for $1,495,000<br />

2.472 Sf<br />

3BR, 2.5BA<br />

6.03 sf lot<br />

DOM 22<br />

Windsor St. Helena Calistoga<br />

Santa Rosa<br />

Northeast Northwest Southeast Southwest<br />

3,622 2,330 2,797 3,647 4,205 3,794 -<br />

4.67 2.97 6.98 6.24 2.61 8.92 -<br />

6 38 9 36 2 19 -<br />

129 172 352 138 232 144 -<br />

342.78 599.51 514.05 380.38 300.80 360.05 -<br />

1,200,185 1,355,500 1,340,278 1,234,814 1,271,500 1,315,605 -<br />

1,680,000 2,000,000 1,937,500 1,900,000 1,493,000 1,850,000 -<br />

1,000,000 1,000,000 1,100,000 1,000,000 1,050,000 1,050,000 -<br />

7,201,110 51,509,000 12,062,502 44,453,304 2,543,000 24,996,495 -<br />

2% 15% 3% 13% 1% 7%<br />

2% 15% 3% 14% 1% 7%<br />

23


Wine Country Market above $2,000,000<br />

Cloverdale<br />

Healdsburg<br />

Healdsburg<br />

Sonoma<br />

Healdsburg<br />

Sold for $2,700,000<br />

2,750, Sf<br />

3 BR, 4BA<br />

1.94 acres<br />

DOM 25<br />

Properties valued above<br />

$2,000,000<br />

Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale<br />

House area<br />

(SF) 3,251 4,260 4,878 3,520 3,963 3,300<br />

Lot (Acres) 15.23 56.02 5.22 30.93 42.30 27.17<br />

Sales Volume (units) 18 15 1 3 8 1<br />

DOM 176 202 85 67 470 318<br />

$/sf 840.95 1,137.96 779.01 873.34 844.36 712.16<br />

Sales Price 2,888,174 4,615,533 3,800,000 2,996,333 2,903,504 2,350,000<br />

Highest 7,200,000 15,435,000 3,589,000 4,275,000<br />

Median 2,406,000 3,000,000 2,900,000 2,678,000<br />

Sales Volume ($) 51,987,000 69,233,000 3,800,000 8,989,000 23,288,035 2,350,000<br />

Market Share ($) 18% 23% 1% 3% 8% 1%<br />

Market Share (units) 21% 18% 1% 4% 10% 1%<br />

24


Most Affordable Market<br />

Most Expensive Market<br />

Cloverdale<br />

Sold for $2,350,000<br />

Sonoma<br />

Sold for $4,050,000<br />

3300, Sf<br />

4 BR, 5BA<br />

27.17 acres<br />

DOM 318<br />

3,906Sf<br />

5BR, 5BA<br />

7.46 acres<br />

DOM 30<br />

Windsor St. Helena Calistoga<br />

Santa Rosa<br />

Northeast Northwest Southeast Southwest<br />

2,525 3,092 3,073 5,780 - 3,221 -<br />

124.65 16.05 19.46 57.94 - 55.71 -<br />

2 14 8 9 - 5 -<br />

417 341 200 268 - 88 -<br />

1,306.93 1,485.59 1,137.10 731.25 - 1,496.78 -<br />

3,061,313 3,773,357 2,981,527 3,975,397 - 3,210,826 -<br />

3,300,000 7,175,000 5,200,000 8,200,000 - 4,250,000 -<br />

3,061,313 3,275,000 2,800,000 2,295,000 - 2,040,000 -<br />

6,122,625 52,827,000 23,852,219 37,778,575 - 16,054,130 -<br />

2% 18% 8% 13% 5%<br />

2% 17% 10% 11% 6%<br />

25


Wine Country Market— 5 acres or less<br />

Cloverdale<br />

Healdsburg<br />

Healdsburg<br />

St. Helena<br />

Healdsburg<br />

Sold for $310,000<br />

Downtown Lot<br />

6,067 sf<br />

DOM 81<br />

Building parcels up to 5<br />

acres<br />

Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale<br />

Land Area (acres) 1.01 1.64 1.97 1.04 0.57 1.24<br />

Sales Volume (units) 11 19 1 1 19 5<br />

DOM 216 258 398 36 196 215<br />

$/acre 661,407 322,515 168,782 459,135 124,931 233,943<br />

AverageSales Price 320,555 395,033 332,500 477,500 340,000 159,743<br />

Highest 725,000 1,423,125 20,000 240,713<br />

Lowest 27,000 25,000 20,000 100,000<br />

Sales Volume ($) 3,526,100 7,505,625 332,500 477,500 2,373,369 798,715<br />

Market Share ($) 11% 24% 1% 2% 8% 3%<br />

Market Share (units) 10% 18% 1% 1% 18% 5%<br />

26


Most Affordable Market<br />

Most Expensive Market<br />

Cloverdale<br />

Sold for $160,000<br />

10 minutes from town<br />

2.38 acres<br />

DOM 407<br />

St. Helena<br />

Sold for $965,000<br />

In town<br />

1.02 acre<br />

DOM 239<br />

Windsor St. Helena Calistoga<br />

Santa Rosa<br />

Northeast Northwest Southeast Southwest<br />

1.44 1.11 1.47 1.14 0.58 2.00 1.50<br />

8 8 4 10 7 8 4<br />

480 257 208 227 108 82 139<br />

191,286 353,774 598,912 348,980 349,688 159,703 141,875<br />

253,000 859,625 639,634 225,450 126,714 167,788 75,500<br />

700,000 1,900,000 1,375,000 825,000 168,000 420,000 120,000<br />

35,000 90,000 180,000 42,000 60,000 63,000 50,000<br />

2,024,000 6,877,700 2,558,535 2,254,500 886,998 1,342,304 302,000<br />

6% 22% 8% 7% 3% 4% 1%<br />

8% 8% 4% 10% 7% 8% 4%<br />

27


Wine Country Market— more than 5 acres<br />

Healdsburg<br />

Healdsburg<br />

Sebastopol<br />

Glen Ellen<br />

Healdsburg<br />

Sold for $995,000<br />

5 minutes to town<br />

10.95 acres<br />

DOM 626<br />

Land more than 5 acres<br />

Healdsburg Sonoma Kenwood Glen Ellen Sebastopol Cloverdale<br />

Land Area (acres) 31.44 25.10 - 57.83 7.05 28.87<br />

Sales Volume (units) 13 4 - 3 7 3<br />

DOM 318 228 - 759 275 201<br />

$/acre 66,595 72,152 - 60,208 68,205 31,790<br />

Highest 150,330 149,187 - 80,000 120,909 46,819<br />

Lowest 7,813 45,486 - 40,974 42,188 12,134<br />

Sales Price 1,234,231 1,374,000 - 2,783,333 473,714 885,000<br />

Highest 1,950,000 1,850,000 - 5,500,000 875,000 1,575,000<br />

Lowest 430,000 650,000 - 850,000 225,000 425,000<br />

Sales Volume ($) 16,045,000 5,496,000 - 8,350,000 3,316,000 2,655,000<br />

Market Share ($) 29% 10% 15% 6% 5%<br />

Market Share (units) 25% 8% 6% 13% 6%<br />

*single sale<br />

of 1900 acre<br />

property not<br />

counted<br />

28


Most Affordable Market<br />

Most Expensive Market<br />

Sebastopol<br />

Sold for $459,000<br />

10 minutes to town<br />

10.8 acres<br />

DOM 38<br />

Glen Ellen<br />

Sold for $2,000,000<br />

Sonoma Valley Floor<br />

25 acre<br />

DOM 606<br />

Windsor St. Helena Calistoga<br />

Santa Rosa<br />

Northeast Northwest Southeast Southwest<br />

14.08 26.22 28.96 36.38 - 25.45 -<br />

1 5 4 6 - 7 -<br />

215 279 250 348 - 214 -<br />

51,491 66,142 43,385 36,421 - 52,111 -<br />

- 141,243 122,895 78,990 - 83,432 -<br />

- 6,268 10,471 6,472 - 17,500 -<br />

725,000 863,800 1,182,000 513,333 - 947,714 -<br />

2,500,000 2,700,000 800,000 - 2,400,000 -<br />

220,000 420,000 270,000 - 175,000 -<br />

725,000 4,319,000 4,730,000 3,080,000 - 6,634,000 -<br />

1% 8% 9% 6% 12%<br />

2% 9% 8% 11% 13%<br />

29


Meet Dianne and Bob<br />

W hen a client chooses to<br />

work with Agents Bob Pennypacker<br />

and Dianne Vernon they’re truly<br />

getting a two-for-one that is not<br />

only special, but extremely unique<br />

in the Real Estate world:<br />

Pennypacker is that rare real estate<br />

professional who is both an<br />

accomplished sales and marketing<br />

professional and a world-class<br />

architect, providing his clients with<br />

property insight on not only the skin<br />

and bones of a potential purchase,<br />

but its DNA as well.<br />

Pennypacker, a SF Bay Area native,<br />

traces his interest in architecture to<br />

the mid-1960’s, when his mother<br />

briefly threw her hat into the homeselling<br />

arena. “Everything was<br />

on paper then, of course. I used to<br />

pore through the binders filled with<br />

her listings. I think that’s really where<br />

my love for structures began,<br />

particularly residential homes.”<br />

Later, while studying architecture at<br />

UC Berkeley, Bob embarked on a<br />

student exchange program that<br />

took him to Sweden, where he was<br />

given his first exposure to—and<br />

discovered his passion for—<br />

architectural history. “It was<br />

absolutely a life-changing<br />

experience, he recalls.<br />

In Sweden, I learned to look at a<br />

house in a completely different<br />

way, to see where its design roots<br />

originate. That epiphany continues<br />

to inform my work today.” That<br />

school year in Sweden was<br />

followed by a summer in Norway<br />

and a spontaneous bout of<br />

employment. “I was walking along<br />

a village in a remote fjord, saw an<br />

architect’s office, and went in and<br />

asked if they were hiring,”<br />

Pennypacker laughs. That first year<br />

in Scandinavia was the beginning<br />

of a successful, nearly 30-year long<br />

career in architecture.<br />

After returning to the states to<br />

complete his undergraduate<br />

studies at UC Berkeley, he moved<br />

to New York to obtain his graduate<br />

degree at Columbia University. His<br />

architecture career took off<br />

immediately, and Pennypacker<br />

spent the next thirty years indulging<br />

his passion for architecture and<br />

design. Contracted by several<br />

prominent corporations that<br />

included Bechtel and NBC<br />

Universal, he traveled the globe to<br />

service clients in locales that<br />

included France, the Middle East<br />

and Japan.<br />

In 2000 Pennypacker returned to<br />

California and settled in historic<br />

Healdsburg, a charming, wine<br />

country destination located in<br />

Sonoma County. His first order of<br />

business was to design and build a<br />

home for himself. Upon completion<br />

of his own home, he designed and<br />

built another, this time to sell. He<br />

obtained his Real Estate License,<br />

sold the home, found the business<br />

compelling and got hooked.<br />

Enter his business partner Dianne<br />

Vernon. Prior to becoming a<br />

REALTOR®, for twenty years Dianne<br />

directed an international team of<br />

sales and marketing professionals<br />

addressing the Fortune 500<br />

software market.<br />

30


For the last 10 years she had successfully<br />

sold Real<br />

Estate in the Silicon Valley. Over<br />

these last ten years, Dianne also<br />

studied architecture, building, and<br />

design; no surprise her meeting and<br />

teaming with Bob.<br />

Relocated to Healdsburg she now<br />

combines her passion for real estate<br />

and as an EcoBroker, is a<br />

pioneer of the eco-friendly real estate<br />

and prefab home ethos.<br />

Dianne and Bob are certified by<br />

the International Real Estate Society<br />

acknowledging their hard work to<br />

receive that designation and their<br />

acumen for the international real<br />

estate market.<br />

Bob and Dianne provide a unique<br />

combination of skills. Their clients<br />

are provided with an incomparable<br />

level of service, while their ability to<br />

function as a REALTOR®, Architect,<br />

Designer, Builder, and accomplished<br />

“real world” business executive<br />

are benefits few competitors<br />

offer. “There are times when the<br />

client isn’t able to see the potential<br />

of a home,” say Bob and Dianne.<br />

Noting that few<br />

home buyers have the opportunity<br />

to consult an architect or designer<br />

during the buying process, Dianne<br />

and Bob’s clients are provided with<br />

an extra tier of service that would<br />

normally set the client back thousands<br />

of dollars. “As an architect, I<br />

can help them visualize what is possible.”<br />

states Pennypacker. “With a<br />

little guidance and vision, the true<br />

potential of a home can be revealed,”<br />

adds Dianne.<br />

Today both Dianne and Bob are a<br />

world away from the jet-setting corporate<br />

culture of high tech companies<br />

and professional design firms.<br />

They are very happy with the kind<br />

of human connections forged in<br />

real estate. “Designing airports and<br />

theme parks and endless hours incorporate<br />

meetings are no match<br />

for the real connection we enjoy<br />

meeting new people, selling real<br />

estate and building homes in<br />

Healdsburg,” say Bob and Dianne.<br />

31


&<br />

Dianne Vernon<br />

Bob Pennypacker<br />

Because Confidence is Earned<br />

Dianne Vernon 877.630.7732 DianneVernon@sbcglobal.net<br />

DRE # 01428234<br />

Bob Pennypacker 707.799.6032 Bob@BobPennypacker.com<br />

DRE # 01867425<br />

RE/MAX Full Spectrum 338 Healdsburg Ave., HEALDSBURG, CA 95448 USA<br />

Full Spectrum<br />

32

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