Market Report - August 2010
After a difficult 2009, Marin real estate sales throughout the first half of 2010 have been showing increasing signs of strength. Here are seven key indicators that make us optimistic about the market:
1. Transactions are up dramatically, increasing 21% through mid-August vs. same period last year. There have been 1,445 […]
Interest rates are historically low, especially given that we are coming out of a recession. That creates an historic buying opportunity, as we have low prices combined with cheap financing. The combination of the two is almost unheard of, because typically cheap money drives prices higher.
Here’s more evidence that this is a great time […]
April Numbers: Transcations, Inventory, Average Sale Price UP!
April numbers are UP! The market is continuing the trend we’ve seen the last several months, with transactions and average sale price up, days on market down, and inventory building.
There were 204 closed sales in April, a very healthy 40% increase from last April. Average sale price […]
The government wants people to buy homes, and they are succeeding. Transactions are way up from one year ago, pricing is steady, and we are even seeing multiple offers on some homes. My clients came in second and are now in backup position on a Corte Madera home that went into contract last week […]
The Marin real estate market is coming back, faster than just about anyone expected.
Transactions are WAY up - 183 closed transactions in March of this year, vs. 125 last March. Pricing has stayed relatively flat - average sale price is actually down, from $898,176 to $829,796 this year. But the median is up - from […]
