Posted in Marin Market Trends, Marin Real Estate on Jul 8th, 2008
An uphill climb and it all looks good. The chart below reflects all Marin County residential real estate. As you can see detailed in the chart, January sales stats county wide were dismal- down 45% from the previous year. Since March, the number of Marin homes and condos going into contract over the same month [...]
Posted in Belvedere, Corte Madera, Fairfax, Greenbrae, Kentfield, Larkspur, Marin Market Trends, Marin Real Estate, Mill Valley, Novato, Ross, San Anselmo, San Rafael, Sausalito, Tiburon on May 24th, 2008
Single Family homes under contract in Marin County
April 2008 vs. April 2007
Belvedere
+200%
Corte Madera
+8%
Fairfax
-38%
Greenbrae
+25%
Kentfield
+40%
Larkspur
-75%
Mill Valley
-36%
Novato
-20%
Ross
-50%
San Anselmo
-12%
San Rafael
+7%
Sausalito
+17%
Tiburon
+85%
Countywide, the number of Marin homes for sale was up almost 16% from last April. The number of homes under contract was down about 13% while the number of units sold is down about 31%.
While the number of homes sold [...]
Posted in Marin Market Trends, Marin Real Estate on May 4th, 2008
This chart makes me happy. It shows the real estate stats for Marin County single family homes for April 2008. The number of homes for sale increased 11.24% over last year. The number of Marin homes actually closing escrow is down almost 40% from last year.
I know, I know. This number sounds TERRIBLE. [...]
Posted in Marin Market Trends, Marin Real Estate on Apr 26th, 2008
According to a MarketWatch article, wealthy Americans see the sluggish economy as a great opportunity to purchase real estate. The full article, Sunny Side of the Street, is well worth a read. Some highlights:
77% of wealthy (defined as people earning more than $500,000/year in discretionary income) think real estate presents a buying opportunity right now. [...]
Posted in Marin Market Trends, Marin Real Estate, Mortgage on Mar 18th, 2008
Can you say volatility with a capital V? The Federal Reserve cut rates today by 3/4 of a percent in an effort to aid the U.S. economy. This is no surprise in the wake of the Bear Stearns financial crisis, coupled with everything everything else going on in the market. The Fed [...]
Posted in Marin Market Trends, Marin Real Estate, Ross on Mar 12th, 2008
The median home sale price in Ross was $6,750,000 in February 2008. The number of homes on the market is just slightly higher from one year ago (14 Ross listings in February 2008 vs 13 Ross listings in February 2007), while the number of Ross homes under contract stayed flat.
The number of closed sales [...]
Posted in Marin Market Trends, Marin Real Estate, Mill Valley on Mar 8th, 2008
The median home sale price in Mill Valley was $1,063,500 in February 2008, down from $1,255,000 in January, and down from $1,125,000 one year ago in February 2007. The number of homes on the market dropped 20% from one year ago, while the number of Mill Valley homes under contract dropped over 45%.
The number [...]
Posted in Marin Market Trends, Marin Real Estate, San Anselmo on Mar 8th, 2008
The median home sale price in San Anselmo was $929,000 in February 2008, down from $1,000,000 in January, and down from $1,110,000 one year ago in February 2007. The number of homes on the market dropped almost 34% from one year ago, while the number of San Anselmo homes under contract stayed flat.
The number of [...]
Posted in Fairfax, Marin Market Trends, Marin Real Estate on Mar 8th, 2008
The median home sale price in Fairfax, CA was $630,000 in February 2008, down from $672,00 in January, and down from $735,000 one year ago in February 2007. The number of Fairfax homes on the market stayed flat from one year ago, while the number of Fairfax, CA homes under contract increased.
The number of closed [...]
Posted in Marin Market Trends, Marin Real Estate on Mar 3rd, 2008
While it is not technically spring, it sure feels like it. 73 degree temperatures and a slight burn from my open sunroof- I feel like spring has sprung. The spring real estate market may be here but Marin real estate sales activity is still surprising low. In February 2008, there were 86 single family home [...]
