Median sales price is that price at which half the sales occurred for more and half for less. It is a very general statistic, which typically disguises a huge range of prices in the underlying individual sales. It can be affected by other factors besides changes to fair market value, such as inventory available to [ More ]
Real estate markets are essentially determined by the balance – or imbalance, as is often the case – between buyer demand and seller supply of homes to purchase. Underlying that dynamic are economic, political and demographic factors – some local, some not – such as population growth, employment, new home construction, high-tech booms, consumer confidence, [ More ]
We looked at housing prices across the various Sonoma County cities and developed a few charts highlighting the sales price of homes through 2015.
The U.S. housing market may be finding more balance, according to a new report from realtor.com®. For the first three weeks in July, the median list price rose to $234,000 nationwide, up 7 percent year-over-year, while inventories of for-sale homes rose and the median days on the market increased to 69 days. “This year we’re seeing [ More ]
Predictions for a strong El Nino effect may mean a heavy rain season in the Bay Area. Now’s the time to prepare!
Median Price Appreciation Trends, Luxury Home Sales, Dollar per Square Foot Values, Interest Rates, Sales by Price Range, Sales Price to List Price & Days on Market July 2015, Paragon Real Estate Group Short-Term & Long-Term Median Home Price Appreciation In 2015, median home prices continued to experience significant appreciation; however they still remain below [ More ]
Guests are coming, the kids are out of school, or you just want to do something new. Summer has arrived in one of the most beautiful and multi-dimensional places on earth, and here is a wide variety of ideas for making the most of it. Out & About Things to Do in Marin To Do [ More ]
Median Sales Prices; Luxury Home Sales; Housing Affordability Index; Supply, Demand & Overbidding; Home Values by City; Bay Area Markets Median House Sales Prices As the spring market got going, April’s median home sales prices accelerated to new highs since the market crash of 2008. The particularly big jump in Napa is probably anomalous: The [ More ]
Median Sales Prices; Luxury Home Sales; Housing Affordability Index; Supply, Demand & Overbidding; Home Values by City; Bay Area Markets Marin Median House & Condo Sales Prices As the spring market accelerated, April’s median home sales prices – which mostly reflect transactions negotiated in March – hit new highs for both houses and condos in Marin. [ More ]
In the early 1900s when the bottom dropped out of the wine industry with Prohibition, many Sonoma vineyards in California were replanted to plum tree orchards. By the late 1960s, prunes were the most important industry in the area and the largest cash crop. Healdsburg became known as “The Buckle of the Prune Belt.’’ Prunes [ More ]