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 …
Check out our June Newsletter – A review of the Bay Area Market by County and Product Mix. Hope you enjoy this update. We are always here to address any questions and assist with any real estate needs.
The county and city appreciation percentages in the chart above were calculated by averaging changes in both median sales prices and average dollar per square foot values. We also incorporated S&P Case-Shiller SF metro area calculations based upon its algorithm breaking the market into thirds by price segment. » Read more about: Bay Area Market Survey: From Billionaires in Mansions to Flippers & Fixer-Uppers »
Affordability – A topic I’ve watched change in the 31 years I’ve been servicing the bay area market for buyers and sellers. Let’s take a current look.
The California Association of Realtors recently released its Housing Affordability Index (HAI) for the 1st quarter of 2018, which measures the percentage of households that can afford to buy the median priced single family dwelling (house).
In this analysis,