Sebastopol Real Estate Supply has been (relatively) low for a long time
Sebastopol, like Healdsburg, is one of the strongest markets in Sonoma County real estate. The number of units sold per month over the last two years ranged from a low of 6 units in December 2007 to recent highs of 26 units with sales generally in the teens and twenties. A bit bigger supply then Healdsburg but not much. Over the last two years the median price did not see the wide swings that Healdsburg did (Healdsburg has more outlier properties for sale well into the $3 to $6 million range). Sebastopol median price was $824,000 in October 2007 and is $575,000 today. Overall the median price decline was 30%, but I think it has been more affected by the preponderance of sales at the lower price points and on small to no acreage. Market values have declined somewhat but many sellers were able to withdraw their more expensive homes for sale. The market for those appears to be picking up. The median price hit a low of $475,000 in February of this year, as elsewhere in the county. Interestingly, Sebastopol had only 5 months of inventory for sale in October 2007, trended above 7 for a few months and is now at 3.8 months supply. Inventory never really got too out of hand. [caption id="attachment_595" align="alignleft" width="450" caption="Sebastopol Home Resale Inventory Shrinking"][/caption]...
Open August 24 1-4 pm: An ideal West County Country Property on 2.83 acres
Please come join me today at 5850 Gilmore Avenue in Cotati, my latest listing and a fantastic country property that is well-thought out, secluded yet convenient and very up to date. You and your family and critters could just move right in. When I looked for my current country property home I wanted a property like this--lots of usable land, nice house, really cute second unit and most importantly I wanted scenic beauty and a really peaceful location away from traffic so my cats and dogs would be safe, not to mention humans as well. I also wanted to be convenient to town and services, and to commute to the Bay Area. Don't be mislead by the Cotati address on this cool property--it is actually on the west side of 101, north of 116 on the way to Sebastopol. Don't get me wrong, Cotati is a neat town with lots of fun shops and restaurants, but this location on Gilmore would just as easily appeal to someone wanting Sebastopol, Santa Rosa, Penngrove or Petaluma. This little country pocket in Cotati is peaceful, has lots of horse properties and small farms as well as vineyards surrounding it, and many of the neighbors have been here for years. My clients have owned the property since 1977 and their meticulous care and updating shows. Yet this home is about5 minutes to 101 so it is a great commute location that feels miles away. It is my experience that people looking for Sonoma County country property don't first think of places such as Rohnert Park/Cotati or Windsor, but you can uncover some gems by searching and thinking a little outside the box. Come see for yourself today. This property could accommodate horses (and does with a 2 acre pasture (+-), stalls and tack room. It also is home to roller pigeons and has two coops and a small aviary. There is a shop for painting autos with air compressor and 220 power plus another shop (called the "man" building) for hanging out. Plus a cute 2002 small modular with kitchen, den, bedroom and bath, all in its own fenced in, redwood lined yard at one corner of the property for privacy. There is only one home past this property on a sleepy lane, and many bigger parcels surround it, with views of the...
Tour Talk: New Country property listings in Sebastopol
It was a glorious sunny day for touring West Sonoma County and seeing the latest properties to come on the market for the Sebastopol MLS. I am continually amazed at the breathtaking beauty of our back roads and the incredible variety of terrain, vegetation, trees, views and micro-climates that make up Sebastopol and Graton. So many nooks and crannies offering everything from 1910 farmhouses to contemporary estates and Tuscan style villas, vineyards, horse properties, garden paradises (where was the experimental farm of Luther Burbank?), apple orchards, organic farms, dairies --both cow and goat--and idyllic country retreats. Not to mention redwood groves and ocean views. And this was just today's tour! ;) Today we started with a delightful end of lane listing at 8349 Lewanna, off of Elphick. For $699,000 you can have a 1232 sf home on just under an acre. A modest home which could use updating but the views are spectacular:a panorama of the SE Santa Rosa hills and the home looks directly over a sprawling vineyard. Properties don't come up often on this lane and the setting is truly unique. With a property like this you have the benefit of what I call "borrowed acreage" --you can look at it and pretend it's yours but you don't have to take care of it or pay for it. Small parcels bordered by little ones can be delightful in this way. Next we drove way out Burnside Road to view Cary Fargo's latest cool listing at 4910 Burnside Road. This is the quintessential old farmhouse with fir floors and a tilting chimney, spring and tiny studio and pond. Lots of chamomile and herbs tumbling around and we spotted a doe and fawn leaping away. The spring has a hand dug 10 foot deep well and tiny well house covering it. Not much as been done to this house except for some blue tiles that appear to date from the 70's in the kitchen and a massive open beamed ceiling in that room. Lots of wainscoting and original character and KILLER views of Mt. St. Helena. The 3 plus acres appear to be very usable and Cary said there are some potential building sites on the property so that perhaps the cute farmhouse could become a granny unit and leave room for a larger main home. Check...
Sonoma County going to the Dogs?
I was surprised to note how many of the people who visited my open house last month at a cute farmstead in Sebastopol were looking for property for their dogs! This property was in a great location at the end of a private lane well away from main roads and neighbors who might be disturbed by the occasional bark. Well I shouldn't be surprised since one of the main reasons I moved to Sonoma County was to have more room for my two dogs (Vizslas) and the horses as well as the humans of course, yet still be within an hour of the Golden Gate Bridge. Finding a safe property off the main thoroughfares was a key priority to me, and is to many of the buyers of Sonoma County real estate I meet. Friend Sandy Lurins, was so on top of the trend that she founded the very successful Fetch (thepaper) in her copious free time (not!) while not working at her day job at Autodesk. Sonoma Pets is a print publication and on-line pet directory for Sonoma County published by the Santa Rosa Press Democrat. There are many excellent small animal and equine veterinarians in the county, so much that many pet owners from the Bay Area will travel here for specialty care. ...