The Market
Marin County Market Prices & Trends
Before diving into prices and trends in individual city markets in this month’s report, these four charts are overviews for Marin County market. In April 2018, the median house sales price hit a new peak price, slightly above the previous high achieved in May of 2017. Since median home sales prices often hit their annual …
Marin Market Report: What City’s Median Home Price Appreciated by $1 Million since 2011?
Before diving into prices and trends in individual city markets, these three charts are overviews for Marin County. In April 2018, the median house sales price hit a new peak price, slightly above the previous high achieved in May of 2017. Since median prices often hit their annual high points in May – illustrated by …
Sonoma County Median House Price Hits New High in Q1 2018
In Q1 2018, the Sonoma County median house sales price hit a new high of $681,000, 12% above the Q1 2017 price of $608,000, and 4% above the Q4 2017 price of $665,000. Prices usually increase from Q1 to Q2 as the spring selling season really gets going, so it will be interesting to see [ More ]
Marin Median Home Prices Hit New Highs
Consumer confidence is still soaring, and buyers continue to push aside concerns regarding recent financial market volatility, federal tax law changes affecting Bay Area homeowners, and interest rate increases, to fuel heated markets throughout Marin. In Q1 2018, the Marin median house sales price of $1,325,000 was 10% above the Q1 2017 price of $1,200,000, …
Sonoma County Home Prices & Market Trends
It is not unusual for monthly median sales prices to drop during what is often described as the mid-winter market doldrums, but, as seen in the first chart above, not this year in Sonoma: Median prices have been consistently climbing since autumn began, with the fire clearly increasing demand since it occurred, and overriding typical [ More ]
Very Strong Market Dynamics Continue into Early 2018
It is not unusual for monthly median sales prices to drop during what is often described as the mid-winter market doldrums, but, as seen in the first chart above, not this year in Sonoma: Median prices have been consistently climbing since autumn began, with the fire clearly increasing demand since it occurred, and overriding typical [ More ]
Marin Real Estate Market – A Strong Start to 2018
So far in 2018, the market seems to have mostly brushed aside concerns about increasing home prices, rising interest rates, stock market volatility and new federal tax law changes. It is still too early to come to definitive conclusions about where the year is going, but right now, in most market segments, buyer demand remains …
Continue reading “Marin Real Estate Market – A Strong Start to 2018”
A Survey of Bay Area Real Estate Markets
Our newly updated median home price maps for Marin, Diablo Valley & Lamorinda, and Wine Country markets in addition to San Francisco by neighborhood. To access them, click on the map image below and then roll your cursor over the maps on the webpage. Bay Area Q4 2017 Median House Sales Prices Bay Area 2017 [ More ]
Positive & Negative Factors in Bay Area Real Estate Markets
I am often asked how one development or another might affect SF and Bay Area real estate markets – tax law changes, interest rates, soaring stock markets, foreign buyers, migration trends, housing affordability, climate change, new home construction, and so on – but trying to evaluate one factor in isolation is often misleading because multiple [ More ]
Sonoma County Real Estate – New Year Report
There was continued median home price appreciation throughout the Bay Area in 2017, with Sonoma County seeing a noteworthy jump in the fourth quarter due to heightened demand after the tragic fires. From the 3rd to 4th quarters, the house median sales price increased 5%, and condos saw a particularly large percentage increase of 11%. [ More ]