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Monthly Archives: October 2016

Marin County // The Luxury Home Market, Sales & Prices by City, and 6 Market-Heat Metrics

As illustrated above, the market for homes selling for $2 million and above has cooled somewhat over the past year, with the number of active listings climbing, the number of sales dropping, and a big jump in the quantity of listings expiring without selling. This is a general trend in markets around the Bay Area: Not a crash, but a softening of demand amid an increase in luxury homes for sale.

Luxury Home Market Trends Comparing Q3 Sales Data,

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San Francisco’s Hottest, Most Competitive Neighborhood Market

Since the market recovery began in 2012, various districts have taken the lead as the hottest markets in San Francisco: The affluent and prestigious Noe-Eureka-Cole Valleys district and Pacific Heights-Marina district led the recovery out of recession. Later South Beach/SoMa, Hayes Valley and, especially the Mission, went white hot as the high-tech boom surged (though, honestly, high appreciation rates became general throughout the city). In mid-2015, price appreciation in many the more expensive and fashionable districts started to slow down and plateau.

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