October 21, 2021
Most standard statistics of supply & demand indicate some cooling/ slowing of activity in the market over the summer, after what was probably the most super-heated spring selling season in the last 20 years. Q2 to Q3 cooling is a typical seasonal trend, and by any historical standard, the Q3 Marin market remained extremely strong, with the median house sales price at its peak. An autumn rebound often occurs and new listing activity spiked up in September.
September 16, 2021
September 7, 2021
All price segments saw percentage increases in sales volume over the past 12 months, with those in the higher price ranges seeing the largest. The number of home selling for $5,000,000+ soared 176%
August 24, 2021
Of Bay Area Counties, Marin County saw the highest percentage increase in 2021 over its previous peak sales. In the first 6 months of 2021, almost $3.5 billion in home sales were reported to MLS in Marin County, 65% above the previous peak in 2018.
August 10, 2021
In the first 6 months of 202, almost $3.5 billion in home sales were reported to MLS in Marin County, 65% above the previous speak in 2018.
June 7, 2021
Median house sales prices have seen an astonishing increase since the pandemic struck.
May 28, 2021
NOT TRUE that supply is low because many people are not selling their homes due to Covid fear. Sales are expected to be up 9% this year – the highest level in years. Sales cannot be up if fewer people are selling. Some people may be waiting to sell due to Covid.
May 11, 2021
Per the CA Dept. of Finance, state population dropped in calendar-year 2020 (by 182,000),the first decline since its founding in 1850.
May 10, 2021
House and condo median sales prices have hit new highs since the pandemic struck, with houses, in particular, seeing a dramatic spike up.
April 24, 2021
The luxury home market is sensitive to economic conditions, such as the stock market, which peaked in 2015, 2018, early 2020, and early 2021. And, of course, the pandemic was a huge factor in the market, starting in spring 2020.