The Market
Sonoma County Real Estate August 2020 Report
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 ]
Marin County Real Estate Market August 2020 Report
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 […]
Sonoma County Real Estate Market Blasts Off July 2020 Report
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 ]
Marin County Real Estate Market Rebounds Dramatically July 2020 Report
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 […]
Sonoma County Real Estate Spring 2020 Report
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 ]
Marin County Real Estate Spring 2020 Report
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 […]
Sonoma County Real Estate Market Begins to Bounce Back – Slowly
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 ]
Compass National Snapshot
As restrictions in many states are easing from shelter-in-place, I want to share some positive news. Over the last two weeks, we’ve seen the number of homes going into contract trending upward in most of our markets. Below you’ll find real-time data from 17 of our markets reflecting an increase in newly under contract inventory. [ More ]
Sonoma County Real Estate & the Coronavirus April 2020 Report
The first thing to remember is that there is a time lag – usually 3 to 6+ weeks – between a new listing coming on market, an offer being negotiated and accepted, and when the transaction actually closes sale. This means that almost all of the sales price data we have, as of the first [ More ]