wine country market update | q2 2015

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All data within this document is pulled from the Bay Area Real Estate Information Services (BAREIS) Wine Country Market Update Second Quarter 2015 SONOMA & NAPA - WINE COUNTRY BROKERAGES 25 East Napa Street, Sonoma | t: 707.935.2288 722 Broadway Street, Sonoma | t: 707.939.2230 428 First Street East, Sonoma | t: 707.939.4460 sothebyshomes.com Windsor, CA | web ID: 0243839

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Page 1: Wine Country Market Update | Q2 2015

All data within this document is pulled from the Bay Area Real Estate Information Services (BAREIS)

Wine Country Market UpdateSecond Quarter 2015

SONOMA & NAPA - WINE COUNTRY BROKERAGES

25 East Napa Street, Sonoma | t: 707.935.2288

722 Broadway Street, Sonoma | t: 707.939.2230

428 First Street East, Sonoma | t: 707.939.4460

sothebyshomes.com

Windsor, CA | web ID: 0243839

Page 2: Wine Country Market Update | Q2 2015

6%

32%

62%

Q4-2014 - HEALDSBURG VOLUME

< $500k

$500k - $1.0M

$1.0M and up

9%

34%57%

Q4-2014 - SONOMA VALLEY VOLUME

< $500k

$500k - $1.0M

$1.0M and up

A MESSAGE FROM OUR MANAGER: Jonathan Soh According to the Bay Area Real Estate Information Services, sales volume and

average sales price of single-family homes were up in the second quarter 2015 in

many Wine Country markets. Despite low inventories, popular second home markets

such as Healdsburg and the Sonoma Valley flourished. In particular, sales over $1M

in both markets saw significant increases, with Healdsburg showing an 86% sales

volume increase and Sonoma Valley showing a 44% sales volume increase in Q2

2015 vs. Q2 2014, resulting in an average sales price of $1,120,521 and $974,393

respectively in those markets. The more populated Wine Country markets such as

the City of Santa Rosa and the City of Napa showed static sales volume in all price

ranges Q2 2014 vs. Q2 2015, never-the-less boasting over $342M in combined sales

volume in Q2 2015. The average sales price in the City of Santa Rosa was $555,438

and the average sales price in the City of Napa was $685,678 in Q2 2015, providing a

healthy balance and stabilization to the Wine Country market.

SONOMA VALLEY MARKET SUMMARY (SFH)

HEALDSBURG (SFH)

The Sonoma Valley market for single family homes was

very robust in the second quarter of 2015. Single family

homes sold for 101% of list price. Sales volume was up

17% from $124,333,825 in Q2 2014 to $145,184,579 in Q2

2015. Particularly noteworthy were sales over $1M, which

were up 44% Q2 2015 vs. Q2 2014. Average Sales Price

increased from $851,602 in Q2 2014 to $974,393 in Q2

2015, a jump of 14% and the number of units sold over

$1M increased 52% Q2 2015 vs. Q2 2014. Sales of single

family homes over $1M accounted for 57% of the total

market in Sonoma Valley during second quarter 2015.

The Healdsburg market for single family homes was also

very robust in the second quarter of 2015. Single family

homes sold for 100% of list price. Sales volume was up

43% from $42,370,315 in Q2 2014 to $60,508,125 in Q2

2015. Particularly noteworthy were sales over $1M, which

were up 86% Q2 2015 vs. Q2 2014. Average Sales Price

increased from $921,094 in Q2 2014 to $1,120,521 in Q2

2015, a jump of 22% and the number of units sold over

$1M increased 122% Q2 2015 vs. Q2 2014. Sales of single

family homes over $1M accounted for 62% of the total

market in Healdsburg during second quarter 2015.

Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc.

Q2 2015 HEALDSBURG VOLUME

Q2 2015 SONOMA VALLEY VOLUME

Page 3: Wine Country Market Update | Q2 2015

SIGNIFICANT SALES Q2 2015

left to right from top to bottom:

SONOMA VALLEY

SONOMA | $4,500,000

GLEN ELLEN | $2,465,000

KENWOOD | $1,200,000

NAPA VALLEY

YOUNTVILLE | $12,500,000

ST. HELENA | $3,250,000

NAPA | $1,595,000

OTHER MARKETS

HEALDSBURG | $3,440,000

SEBASTOPOL | $2,775,000

SANTA ROSA | $1,350,000

sothebysrealty.com

Q2 2015 HEALDSBURG VOLUME

Q2 2015 SONOMA VALLEY VOLUME

Page 4: Wine Country Market Update | Q2 2015

4SERVING SONOMA AND NAPA | sothebyshomes.com/sonoma-real-estate

SINGLE FAMILY HOME SALES

The City of Napa, at the southern end of Napa Valley, was incorporated in

1872, and reincorporated again in 1874 as the City of Napa. Napa became the

primary business and economic center for the Napa Valley by the early 20th

century. Napa is a world-class destination for wine country excursions with

tasting bars and large wineries, including the Michael Mondavi Family Estate

and the Domaine Carneros winery.

NAPA

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 201 140 98 85 -13%

$500K - $1M 56 85 104 138 33%

$1,000,000 AND UP 14 20 31 28 -10%

TOTALS 271 245 233 251 8%

Q2 CLOSED UNITS: # OF SIDES (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $61,302,969 $51,330,450 $39,876,335 $34,837,055 -13%

$500K - $1M $37,860,833 $57,060,400 $70,264,510 $94,081,435 34%

$1,000,000 AND UP $26,667,000 $30,997,000 $56,497,775 $43,186,750 -24%

TOTALS $125,830,802 $139,387,850 $166,638,620 $172,105,240 3%

Q2 CLOSED VOLUME (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $304,990 $366,646 $406,901 $409,848 1%

$500K - $1M $676,086 $671,299 $675,620 $681,750 1%

$1,000,000 AND UP $1,904,786 $1,549,850 $1,822,509 $1,542,384 -15%

TOTALS $464,320 $568,930 $715,187 $685,678 -4%

Q2 AVERAGE SALES PRICE (SFH)

$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

2012 2013 2014 2015

Average List Price Average Sales Price

210

220

230

240

250

260

270

280

2012 2013 2014 2015

$-

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

$140,000,000

$160,000,000

$180,000,000

$200,000,000

2012 2013 2014 2015

Page 5: Wine Country Market Update | Q2 2015

5

SINGLE FAMILY HOME SALES

Approximately 40 miles north of San Francisco, Sonoma real estate is perfectly

situated to maximize residents’ quality of life. Although world-renowned as

a wine mecca, Sonoma maintains the tight-knit feel of a small community,

with a charming downtown. In 1846, the California Republic declared its

independence from Mexico, with Sonoma named the capital of this short-

lived sovereign state. Consequently, Sonoma is known as the birthplace of

California, a town rich in history surrounded by breathtaking natural beauty.

SONOMA VALLEY

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 83 62 44 31 -30%

$500K - $1M 47 58 71 71 0%

$1,000,000 AND UP 23 35 31 47 52%

TOTALS 153 155 146 149 2%

Q2 CLOSED UNITS: # OF SIDES (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $26,220,072 $22,344,843 $17,958,800 $12,447,675 -31%

$500K - $1M $32,051,075 $40,855,808 $48,516,025 $49,240,937 1%

$1,000,000 AND UP $44,615,200 $59,311,770 $57,859,000 $83,495,967 44%

TOTALS $102,886,347 $122,512,421 $124,333,825 $145,184,579 17%

Q2 CLOSED VOLUME (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $315,904 $360,401 $408,155 $401,538 -2%

$500K - $1M $681,938 $704,410 $683,324 $693,534 1%

$1,000,000 AND UP $1,939,791 $1,694,622 $1,866,419 $1,776,510 -5%

TOTALS $672,460 $790,403 $851,602 $974,393 14%

Q2 AVERAGE SALES PRICE (SFH)

$-

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

2012 2013 2014 2015

Average List Price Average Sales Price

140

142

144

146

148

150

152

154

156

2012 2013 2014 2015

$-

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

$140,000,000

$160,000,000

2012 2013 2014 2015

Page 6: Wine Country Market Update | Q2 2015

6SERVING SONOMA AND NAPA | sothebyshomes.com/sonoma-real-estate

SINGLE FAMILY HOME SALES

The towns of Petaluma and Cotati offer a little slice of California history to all

who come to sample their Victorian delights. Petaluma offers many colorful

family events that provide opportunities to escape the everyday hustle and

bustle of life. The Great Petaluma Mill, which stands guard over the west bank,

is one of the oldest structures in town. Cotati provides an eclectic assortment

of restaurants, shops and services, and has one of only two hexagonally

designed town plazas in the United States.

PETALUMA and COTATI

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 162 104 114 44 -61%

$500K - $1M 36 76 103 114 11%

$1,000,000 AND UP 3 5 10 13 30%

TOTALS 201 185 227 171 -25%

Q2 CLOSED UNITS: # OF SIDES (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $55,395,844 $40,798,708 $47,391,188 $19,146,250 -60%

$500K - $1M $23,219,517 $48,079,342 $64,251,150 $75,900,334 18%

$1,000,000 AND UP $3,810,100 $6,315,000 $13,111,000 $15,196,250 16%

TOTALS $82,425,461 $95,193,050 $124,753,338 $110,242,834 -12%

Q2 CLOSED VOLUME (SFH)

Q2 AVERAGE SALES PRICE (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $341,950 $392,295 $415,712 $435,142 5%

$500K - $1M $644,987 $632,623 $623,798 $665,792 7%

$1,000,000 AND UP $1,270,033 $1,263,000 $1,311,100 $1,168,942 -11%

TOTALS $410,077 $514,557 $549,574 $644,695 17%

$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

2012 2013 2014 2015

Average List Price Average Sales Price

-

50

100

150

200

250

2012 2013 2014 2015

$-

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

$140,000,000

2012 2013 2014 2015

Page 7: Wine Country Market Update | Q2 2015

7

SINGLE FAMILY HOME SALES

The quaint hamlet of Healdsburg, located at the gateway of Sonoma County’s

diverse wine growing region, is just 75 miles north of San Francisco. Healdsburg

is a vibrant community with world-wide recognition as a popular destination

for visitors looking to experience the American Tuscany. It is a welcome retreat,

catering to its visitors and residents with first class hotels, spas, restaurants

and boutiques. Many Victorian and Craftsman style homes reflect the towns

rich 150 year old heritage.

HEALDSBURG

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 30 20 11 9 -18%

$500K - $1M 19 25 26 25 -4%

$1,000,000 AND UP 11 10 9 20 122%

TOTALS 60 55 46 54 17%

Q2 CLOSED UNITS: # OF SIDES (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $9,783,159 $8,109,721 $4,605,000 $3,644,400 -21%

$500K - $1M $13,357,985 $17,148,799 $17,429,190 $19,138,225 10%

$1,000,000 AND UP $25,635,574 $15,207,000 $20,336,125 $37,725,500 86%

TOTALS $48,776,718 $40,465,520 $42,370,315 $60,508,125 43%

Q2 CLOSED VOLUME (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $326,105 $405,486 $418,636 $404,933 -3%

$500K - $1M $703,052 $685,952 $670,353 $765,529 14%

$1,000,000 AND UP $2,330,507 $1,520,700 $2,259,569 $1,886,275 -17%

TOTALS $812,945 $735,737 $921,094 $1,120,521 22%

Q2 AVERAGE SALES PRICE (SFH)

$-

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

2012 2013 2014 2015

Average List Price Average Sales Price

-

10

20

30

40

50

60

70

2012 2013 2014 2015

$-

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

2012 2013 2014 2015

Page 8: Wine Country Market Update | Q2 2015

8SERVING SONOMA AND NAPA | sothebyshomes.com/sonoma-real-estate

SINGLE FAMILY HOME SALES

With over 150,000 residents, Santa Rosa is the largest city in Sonoma County

and serves as the area’s cultural and economic hub. The vibrant downtown

is home to some of the best shopping, restaurants, nightclubs and shows in

the County. With a thriving arts and performing arts scene, Santa Rosa is also

home to the Museum of Contemporary Art, the Sonoma County Museum, the

Santa Rosa Symphony, and the Luther Burbank Home and Gardens. Santa

Rosa real estate enjoys a relatively cosmopolitan environment, with many of

the quaint smaller towns of Sonoma County just a sort ride away.

SANTA ROSA

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 377 273 209 186 -11%

$500K - $1M 52 63 90 99 10%

$1,000,000 AND UP 4 8 18 21 17%

TOTALS 433 344 317 306 -3%

Q2 CLOSED UNITS: # OF SIDES (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $106,211,899 $88,727,387 $79,193,452 $74,870,707 -5%

$500K - $1M $34,959,864 $41,578,525 $60,409,903 $63,218,100 5%

$1,000,000 AND UP $4,260,586 $10,343,000 $30,932,275 $31,875,295 3%

TOTALS $145,432,349 $140,648,912 $170,535,630 $169,964,102 0%

Q2 CLOSED VOLUME (SFH)

Q2 AVERAGE SALES PRICE (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $281,729 $325,009 $378,916 $402,531 6%

$500K - $1M $672,305 $659,977 $671,221 $638,567 -5%

$1,000,000 AND UP $1,065,147 $1,292,875 $1,718,460 $1,517,871 -12%

TOTALS $335,871 $408,863 $537,967 $555,438 3%

$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

2012 2013 2014 2015

Average List Price Average Sales Price

-

100

200

300

400

500

600

2012 2013 2014 2015

$-

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

$300,000,000

$350,000,000

2012 2013 2014 2015

Page 9: Wine Country Market Update | Q2 2015

9

SINGLE FAMILY HOME SALES

Located ten miles from Bodega Bay, Sebastopol real estate sits on the western

edge of the Santa Rosa plain. Sebastopol has a rich history as an apple growing

region, and although apples have all but been completely supplanted by wine

grapes, the town still celebrates its roots with the annual Apple Blossom

Festival and Gravenstein Apple Fair. While exuding quaint small town charm,

Sebastopol is also recognized as being one of the most politically progressive

towns in Northern California.

SEBASTOPOL

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 33 18 13 3 -77%

$500K - $1M 31 48 45 40 -11%

$1,000,000 AND UP 10 6 9 10 11%

TOTALS 74 72 67 53 -21%

Q2 CLOSED UNITS: # OF SIDES (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $12,116,994 $7,252,900 $5,127,000 $1,354,800 -74%

$500K - $1M $19,731,355 $31,743,017 $31,187,255 $27,849,000 -11%

$1,000,000 AND UP $12,779,365 $12,617,504 $11,794,800 $14,540,000 23%

TOTALS $44,627,714 $51,613,421 $48,109,055 $43,743,800 -9%

Q2 CLOSED VOLUME (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $367,182 $402,939 $394,385 $451,600 15%

$500K - $1M $636,495 $661,313 $693,050 $696,225 0%

$1,000,000 AND UP $1,277,937 $2,102,917 $1,310,533 $1,454,000 11%

TOTALS $603,077 $716,853 $718,046 $825,355 15%

Q2AVERAGE SALES PRICE (SFH)

$- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000

2012 2013 2014 2015

Average List Price Average Sales Price

-

10

20

30

40

50

60

70

80

2012 2013 2014 2015

$38,000,000

$40,000,000

$42,000,000

$44,000,000

$46,000,000

$48,000,000

$50,000,000

$52,000,000

$54,000,000

2012 2013 2014 2015

Page 10: Wine Country Market Update | Q2 2015

10SERVING SONOMA AND NAPA | sothebyshomes.com/sonoma-real-estate

SINGLE FAMILY HOME SALES

As one of the first planned cities in America, Rohnert Park is thoughtfully

designed to maximize the comfort and happiness of its citizens. Neighborhoods

cater to families, with large Rohnert Park homes along tree-lined streets and

each individual community built around a park and elementary school. Rohnert

Park is also home to the beautiful campus of Sonoma State University.

ROHNERT PARK

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 94 74 55 48 -13%

$500K - $1M - 5 16 29 81%

$1,000,000 AND UP - - - - -

TOTALS 94 79 71 77 8%

Q2 CLOSED UNITS: # OF SIDES (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $27,349,899 $27,316,200 $22,062,788 $20,744,400 -6%

$500K - $1M - $2,895,900 $8,660,000 $16,177,400 87%

$1,000,000 AND UP - - - - -

TOTALS $27,349,899 $30,212,100 $30,722,788 $36,921,800 20%

Q2 CLOSED VOLUME (SFH)

Q2 AVERAGE SALES PRICE (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 $290,956 $369,138 $401,142 $432,175 8%

$500K - $1M - $579,180 $541,250 $557,841 3%

$1,000,000 AND UP - - - - -

TOTALS $290,956 $382,432 $432,715 $479,504 11%

$-

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

2012 2013 2014 2015

Average List Price Average Sales Price

-

10

20

30

40

50

60

70

80

90

100

2012 2013 2014 2015

$-

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

$35,000,000

$40,000,000

2012 2013 2014 2015

Page 11: Wine Country Market Update | Q2 2015

11

SINGLE FAMILY HOME SALES

Located north of Napa, Yountville and Oakville, St. Helena is referred to as the

heart of Napa Valley. St. Helena has a population of just 5,000 people, spans

approximately four square miles and is home to some of the best wineries,

restaurants and shopping in Wine Country as well as some of the most

exquisite estate properties in Wine Country.

ST. HELENA

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 - - - 1 -

$500K - $1M 11 15 16 17 6%

$1,000,000 AND UP 9 15 18 15 -17%

TOTALS 20 30 34 33 -3%

Q2 CLOSED UNITS: # OF SIDES (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 - - - $310,000 -

$500K - $1M $8,005,000 $11,413,168 $12,014,750 $13,088,000 9%

$1,000,000 AND UP $15,090,000 $25,816,500 $49,023,658 $34,274,312 -30%

TOTALS $23,095,000 $37,229,668 $61,038,408 $47,672,312 -22%

Q2 CLOSED VOLUME (SFH)

PRICE RANGE 2012 2013 2014 2015 % CHANGE(2015 v 2014)

UP TO $500,000 - - - $310,000 -

$500K - $1M $727,727 $760,878 $750,922 $769,882 3%

$1,000,000 AND UP $1,676,667 $1,721,100 $2,723,537 $2,284,954 -16%

TOTALS $1,154,750 $1,240,989 $1,795,247 $1,444,616 -20%

Q2 AVERAGE SALES PRICE (SFH)

$- $200,000 $400,000 $600,000 $800,000

$1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000

2012 2013 2014 2015

Average List Price Average Sales Price

-

5

10

15

20

25

30

35

40

2012 2013 2014 2015

$-

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

2012 2013 2014 2015

Page 12: Wine Country Market Update | Q2 2015

New York | +1 212 894 1990 | [email protected]

Visit Us In-Store Or Online, Everyday.Our Wine Specialists Will Help You Shop For The Best Wines For All Occasions

SOTHEBY’S, INC. LICENSE NO. 1216058. © SOTHEBY’S, INC. 2014

Page 13: Wine Country Market Update | Q2 2015

ON THE MARKET

left to right from top to bottom:

SONOMA VALLEY

GLEN ELLEN | Web: 0243860 | $6,395,000

KENWOOD | Web: 0243605 | $1,800,000

SONOMA | Web: 0243869 | $3,295,000

NAPA VALLEY

ST. HELENA | Web: 0243680 | $38,000,000

CALISTOGA | Web: 0243856 | $8,750,000

NAPA | Web: 1190221 | $2,775,000

OTHER MARKETS

SANTA ROSA | Web: 0087236 | $3,750,000

BODEGA BAY | Web: 0243801 | $1,800,000

PETALUMA | Web: 0243838 | $1,349,000

sothebysrealty.com

Page 14: Wine Country Market Update | Q2 2015

AN EXQUISITE DIAMOND DESERVES AN EXCLUSIVE SETTING.

Collection available for purchase at Sotheby’s Diamonds salons and exclusive exhibitions worldwide.New York +1 212 894 1400 | London +44 20 7293 6430 | Hong Kong +852 2822 8113 | sothebysdiamonds.comSOTHEBY’S, INC. LICENSE NO. 1216058. © SOTHEBY’S, INC. 2015

Page 15: Wine Country Market Update | Q2 2015

left to right from top to bottom:

METROPOLITAN MARKETS

NEW YORK, NY | Web: 00110206 | $3,250,000

HOUSTON, TX | Web: 1232987 | $2,999,000

LOS ANGELES, CA | Web: 0286222 | $3,298,000

RESORT MARKETS

MALIBU, CA | Web: 0172733 | $3,200,000

EAST HAMPTON, NY | Web: 0046177 | $2,995,000

SANTA BARBARA, CA | Web: 0113898 | $3,195,000

FOREIGN MARKETS

GERMANY | Web: S76NQ3 | $3,590,261

ITALY | Web: MEQC8Z | $3,926,848

ISRAEL | Web: 3DWFN3 | $3,904,420

sothebysrealty.com

ON THE MARKET

Page 16: Wine Country Market Update | Q2 2015

AUCTION CALENDAR JULY 2015Now ! Paris 01 July

Contemporary Art Evening Auction London 01 July

Contemporary Art Day Auction London 02 July

Medieval And Renaissance Manuscripts London 07 July

Treasures London 08 July

Old Master & British Drawings London 08 July

Rencontres Couture À Paris De La Collection Didier Ludot Paris 08 July

Old Master & British Paintings Evening Sale London 08 July

Old Master & British Paintings Day Sale London 09 July

Old Master Sculpture And Works Of Art London 09 July

English Literature, History, Children’s Books & Illustrations London 14 July

Finest and Rarest Wines London 15 July

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