Using a six-month-rolling average of monthly median sales prices smooths out the mostly meaningless monthly fluctuations to illustrate broad, long-term appreciation trends with more clarity. Sales Volume by Month A clear illustration of the role of seasonality in the real estate market. Starting in November activity begins to plunge towards the mid-winter nadir. Remember that …
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Updated Market & Census Statistics, Home Prices & Appreciation Rates, Luxury Home Sales, Price Reductions, Employment, & Interest Rates. Year-over-Year Q3 Comparisons – Q3 2016 – Q3 2019 Median House Sales Prices by Quarter After significant drops in median sales prices beginning in summer 2018 (following a very strong spring 2018 selling season), prices bounced [ More ]
Updated Market & Census Statistics, Home Prices & Appreciation Rates, Luxury Home Sales, Price Reductions, Employment & Interest Rates. It will be another month before hard data on the autumn selling season begins to become available. In the meantime, below is a review of market trends and statistics through the third quarter. Note that September …
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Home Prices by City; Short-Term & Long-Term Appreciation Trends; Migration In & Out of County; Price Reductions; Unsold Inventory. Home Price Appreciation Trends – Selected Sonoma County Markets Home Prices by City People Moving In & Out of County Using new U.S. Census estimates released 8/29/19, this chart attempts to identify U.S. counties, states and [ More ]
Home Prices by City; Short-Term & Long-Term Appreciation Trends; Migration In & Out of County; Price Reductions; Unsold Inventory. After the heat of the spring market, activity typically slows down markedly in July and August. In September, listings start coming on the market to fuel the relatively short autumn selling season. What occurs in the …
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Sales & Values by City, Price Segment & Lot Size; Luxury Home Sales; Market Seasonality; Market Indicators by City & Price Segment; Foreign Homebuyers in America. Home Sales by Price Segment Sales & Median Sales Prices by Lot Size In San Francisco, houses selling for $8 million and houses selling for $800,000 can both be [ More ]
Home Sales & Values by City and Price Segment, Market Seasonality, Luxury Home Sales, Market Dynamics by City, Foreign Homebuyers. The May Case-Shiller Home Price Index was released in late July for the 5-county SF metro area. This chart illustrates the difference in appreciation rates between the Bay Area (higher price markets) and the entire …
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Executive Summary: Higher-end sales (above $3 million) surged in the second quarter to last year’s historical peaks. Home prices remained flat in the second quarter, except in San Francisco and San Mateo. For-sale inventory growth slowed considerably, especially in San Francisco. Inventory remains at 50 percent of the last housing boom. Tax reform is likely …
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Stock markets hit new highs, interest rates hit multi-year lows, and by virtually measurement, the Sonoma County market rebounded in Q2 from the slowdown in the previous 3 quarters. However, these same indicators of market heat were distinctly cooler compared to conditions prevailing in late 2017 and the first half of 2018 – when the [ More ]
Santa Clara County saw a rebound in buyer demand, luxury home sales and in median home sales prices in Q2, assisted by stock markets hitting new peaks and interest rates falling to multi-year lows. However, its market remains distinctly cooler than the white-hot period running from late 2017 through mid-2018 – when it was perhaps …
Continue reading “Santa Clara Q2 Real Estate Market – Compass”