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”
Another strong year in real estate, with continued median home price appreciation in Marin, and indeed throughout the Bay Area. Additional chart: Bay Area Median Home Price Trends by County The chart below, based on CoreLogic S&P Case-Shiller Index data, tracks general price appreciation trends of house in the upper third of prices in the …
While waiting for final data on the feverish 2017 real estate market to arrive, we thought to step back from homes and, instead, look at the people who live in them. Compiled solely for your entertainment and, perhaps, mild edification. Depending on data source, these analyses pertain to either Marin County alone, or to a multi-county …
Continue reading “What You May Not Know about Marin & the San Francisco Metropolitan Area”
2017 has been a high demand, low supply market in Marin and throughout the Bay Area, with median sales price increases pretty much across the board. As mentioned in earlier reports, the greatest pressure of buyer demand has generally been focused on the more affordable market segments, as defined within each overall county market. The …
Before talking about real estate, which does not seem very important in light of the terrible fires in the wine country, here are a number of ways to help, if you wish to do so. It is not a complete list. Donate to Red Cross Airbnb Open Homes Program Napa County Disaster Relief Go Fund …
After the usual late summer slowdown, the typically very active autumn selling season is relatively short, running from mid-September until mid-November, when activity begins to plunge for the mid-winter holidays. The coming two months will be the next major indicator: Will the Marin homes market continue to maintain the intense high-demand, low-supply heat of this …
After another feverish spring market, the Marin County median house price hit a new quarterly peak in Q2 2017, $82,000 above the high hit in Q2 2016. This dynamic was prevalent around the Bay Area. And as illustrated in the chart below, luxury home sales also hit a new peak, rising 17% above the number …
Continue reading “Marin County Real Estate – The Paragon Mid-Year Report”
This chart below compares median house sales prices since 2012 for March through May sales, year-over-year, for Marin, San Francisco and Sonoma Counties. Marin median prices are illustrated by the dark gray columns. Like Marin, most Bay Area Counties hit new peaks in median sales prices this spring, often by significant margins. Year-over-Year 3-Month Median Sales …
Continue reading “Feverish Spring Markets Prevail In Marin & Around The Bay Area”
By quantity, home sales in Marin are dominated by Novato, San Rafael and Mill Valley, while the highest median sales prices are typically found in smaller towns. Median sales price is that price at which half the sales sold for more and half for less. It can be and often is affected by factors besides …
Continue reading “Marin Real Estate – High Demand, Low Supply Continues – Paragon Report”
Q1 is the quarter of the year with the least number of closed sales, so too much should not be made of its data, but we have summarized annual Q1 dynamics for the past 4 years in the 2 charts above. In the general residential market (chart 1), the inventory of listings available to buy …
