Market News
November 9, 2020
3Q2020 Marin County Real Estate Trends
The luxury home market is fiercely seasonal. It was severely disrupted by the pandemic in early spring 2020, then saw a dramatic rebound in May and June.
October 13, 2020
2021 Market Forecast - Section 1 of 4
Leslie Appleton-Young Chief Economist + SVP California Association of REALTORS®
October 13, 2020
2021 Market Forecast - Section 2 of 4
Leslie Appleton-Young Chief Economist + SVP California Association of REALTORS®
October 13, 2020
2021 Market Forecast - Section 3 of 4
Leslie Appleton-Young Chief Economist + SVP California Association of REALTORS®
October 13, 2020
2021 Market Forecast - Section 4 of 4
Leslie Appleton-Young Chief Economist + SVP California Association of REALTORS®
October 6, 2020
Marin County Real Estate - October 2020 Report
Very surprisingly, the terrible fires did not significantly impact the number of deals being made in most Bay Area counties during the last 2 weeks of August - the exceptions being Santa Cruz, Sonoma, Monterey and Napa Counties, which saw declines of 13% to 33%. Marin's numbers didn't really change at all in the second half of the month. (This chart looks at week by week activity in the Bay Area.)
September 8, 2020
Marin County September Market Trends
Activity typically surges in spring and declines in summer, but the pandemic changed that dynamic.
August 7, 2020
Marin County August 2020 Market Stats
Seasonality & the Marin Real Estate Market
August 4, 2020
The Dangers of Overpricing in the Marin County Real Estate Market
While overpricing almost always has negative ramifications for sellers (lower sales prices than if priced correctly to begin with),it can provide opportunities for buyers who carefully track price reductions and react accordingly. Such buyers will typically face less competition from other buyers – often no competition, which eliminates any need for overbidding – and allows for more aggressive negotiation of the purchase price. Across Bay Area markets, price reduced properties consistently sell for lower average dollar per square foot values than homes that sell quickly.
July 21, 2020
Marin County 2Q2020 Real Estate Market Dynamics
The pandemic gravely affected 2Q2020 market activity, but the quarterly statistics disguise the steep decline followed by the dramatic rebound that occurred over the course of the 3 months. A few monthly charts have been added to illustrate this dynamic.