Some Dramatic Variations in November Pending Rates

December 12th, 2011 By George Crowe

2011 is ending with a continuation of the trend we’ve been talking about all year: low inventory and strong demand in many areas and segments of the market. As you can see for the chart below, some Marin towns are fairing much better than others. Fairfax, Corte Madera, and Greenbrae, for example, are very different markets than Belvedere and Ross.

And pending rates go down dramatically as price range increases. Things are going to slow down overall as always as we head into the holidays, but it’ll be interesting to see what happens after the first of the year. Drop me an email at george@sfnorth.com if you’d like market stats for your area or price segment.