RicRoc & Callista
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 high points in May – illustrated by the gold columns in the first chart – we may well see another increase before spring is over.
Marin Market Dynamics by City
Though we tend to speak of the real estate market as a single reality, in fact, market size and dynamics vary considerably by community and price segment. As further context to the analyses below, here are links to 2 charts from our April report illustrating home prices and price per square foot values by city: Median Sales Prices & Average Dollar per Square Foot Values
Remember that value statistics can be affected by other factors besides changes in fair market value, such as seasonality, changes in the luxury or new-construction markets, or fluctuations in inventory available to purchase.
Though not yet reflected in the chart below, median sales prices have continued to increase in 2018.
Many more market analyses can be found further down this web page and via these links:
Paragon Main Reports Page
Marin County Home Price Trends by City
Marin County Demographics
Positive & Negative Factors in Bay Area Markets
Survey of Bay Area Real Estate Markets
Article: 30+ Years of SF Bay Area Real Estate Cycles
These analyses were made in good faith with data from sources deemed reliable, but they may contain errors and are subject to revision. It is not our intent to convince you of a particular position, but to attempt to provide straightforward data and analysis, so you can make your own informed decisions.