The Market
North Bay Real Estate Report: 3rd Quarter Update
North Bay Real Estate Report Marin, Napa & Sonoma Home Markets 3rd Quarter Update by Paragon Real Estate Group North Bay Market Snapshot As is not unusual, the third quarter (summer) was not quite as active as the second quarter (spring), but was still very strong by any measure: 74% of third quarter sales sold [ More ]
The Government Shutdown and the Real Estate Market
The U.S. government shutdown and the escalation of concerns about the debt limit/possible default has drastically affected San Francisco market activity as measured by the percentage of listings accepting offers – as in a drop of approximately 50% from normal levels. Of course, this might be a short-term transitory effect that will disappear if these [ More ]
I’ve Earned a New Designation: CRS
I’m proud to announce that I have earned a new designation as a Realtor. CRS agents must meet stringent education and experience requirements. That’s why only 3% of REALTORS® are Certified Residential Specialists. CRS agents are dedicated professionals. They work to ensure success for their home-buying and selling clients by tapping into their superior training, [ More ]
2nd Quarter North Bay Market Report
2nd Quarter North Bay Real Estate Market Report Home Prices and Luxury Home Sales Way Up For Marin, Napa & Sonoma Counties Another very strong quarter in the North Bay real estate market: Year over year, the median house sales price in the second quarter was up 25% in Marin and Sonoma, and 34% in [ More ]
North Bay Median Home Price Map
Generally speaking, North Bay median home price appreciation continued to accelerate this past spring. Year-over-year appreciation for the 3 North Bay counties has been approximately 25% – 30%. How median sales prices apply to any particular property is impossible to say without a specific comparative market analysis (CMA). Please call or email if you’d like [ More ]
How does Supply and Demand Affect Prices for North Bay Homes?
Supply & Demand and Prices This chart shows the relationship between months supply of inventory – one of the classic measurements of supply and demand – with median sales prices for single family dwellings in the 3 North Bay counties. As the supply dynamic tightened, it led to significant upward pressure on prices. This link [ More ]
Interest Rates: Is the Sky Falling on the Housing Market?
The pundits are making dramatic, even doom-laden pronouncements about what is going to happen with interest rates (and the housing market), though they’ve been wrong so many times over the past few years, these “expert” predictions might be taken with salt-shaker’s worth of salt, perhaps with lemon and a nice shot of tequila. Obviously, interest [ More ]
Marin, Sonoma & Napa: Big Spring Surge in North Bay Home Values
Big Spring Surge in North Bay Home Values Paragon Update for Napa, Sonoma & Marin Counties June 2013 As is occurring in real estate markets across the country, the increase in home values in Marin, Napa and Sonoma counties which began in 2012 accelerated in 2013, especially in the months of March, April and May, [ More ]
North Bay Home Sales by Property Type
Home Sales by Property Type In San Francisco, the number of condo sales recently overtook the number of house sales — a consequence of the huge amount of new condo construction in the greater South of Market area of the city over the past 15 years. However, in the 3 North Bay counties, house sales [ More ]