In the context of the terrible fires we’ve seen in recent weeks, a real estate report may seem trivial, but we have clients still trying to make buying and selling decisions, and we feel it remains our job to deliver straightforward data on the market. This first chart looks at the impact of the fires [ More ]
Very surprisingly, the terrible fires did not significantly impact the number of deals being made in most Bay Area counties during the last 2 weeks of August – the exceptions being Santa Cruz, Sonoma, Monterey and Napa Counties, which saw declines of 13% to 33%. Marin’s numbers didn’t really change at all in the second […]
Median House Sales Prices – Short-Term & Long-Term Trends. Active listings on market, new listings, listings accepting offers, closed sales volume. Supply & Demand Inventory is not keeping up with demand, putting increasing pressure on the market (and prices). Sales Volume & Listings for Sale by Price Segment As compared to sales volume, the Sonoma [ More ]
Median house sales price hits new high; year-over-year total listing inventory down; sales activity way up; luxury home sales soar. Median House Sales Price Trend Bay Area Market Comparisons This table ranks each county by the percentage of active listings going into contract in June/July 2020 – a standard statistic of market heat – compares […]
Despite the ongoing health and economic crisis precipitated by COVID-19, the Sonoma County real estate market has staged a dramatic recovery from the steep declines in March and April. Buyer demand has skyrocketed, and high-end homes, in particular, have seen extremely strong sales activity. Around the Bay Area, more affluent buyers – the demographic least [ More ]
Despite the ongoing health and economic crisis precipitated by COVID-19, the Marin real estate market made a dramatic recovery from the steep declines in March and April. The median house sales price hit a new high in Q2, and high-end homes, in particular, have seen extremely strong demand – in fact, this applies to virtually […]
Supply & demand statistics, median sales price trends, sales and values by city, the luxury home market, and the dwindling effects of COVID-19. June 2020 Generally speaking, market activity – as measured by the number of listings going into contract – continued to pick up rapidly in May, bouncing back from the steep plunge following [ More ]
Supply & demand statistics, median sales price trends, sales and values by city, the luxury home market, and the ongoing effects of COVID-19 Generally speaking, market activity – as measured by the number of listings going into contract – continued to pick up rapidly in May, bouncing back from the steep plunge following the first […]
Shelter-in-place caused steep drops in activity across the board in what is typically the beginning of the busy spring and summer selling seasons. However, though still far below normal levels, activity has been slowly picking up since bottoming out in late March/early April, and will presumably continue to do so with the easing of both [ More ]