Pacific Union Quarterly Report: Q3 2013
October 28, 2013
October 22, 2013 by Pacific Union
Although portions of Pacific Union’s Bay Area region experienced slight seasonal slowdowns at some point during the third quarter, prices remained strong overall. The median sales price tied or exceeded its 12-month high in Marin, Napa, and Sonoma counties in the third quarter, and single-family homes in the Tahoe/Truckee region also reached yearly plateaus. Almost all of our markets saw inventory increase in September, though the number of available condos in the Tahoe/Truckee region has been gradually decreasing for the past four months. Pacific Union’s third quarter report packs in data and regional summaries that show why we’re optimistic that the Bay Area’s thriving real estate market will continue to be a solid investment in the coming months and into 2014. Our Q3 report also boasts a massive chart that tracks 10 years of home sales throughout the Bay Area and Tahoe/Truckee — 67 cities, towns, and neighborhoods in eight regions. A smaller version of that chart, showing regional totals, appears below. Click anywhere on the chart to see the full data set.
Below are some specifics on what’s happening in our regional real estate markets. For further information, including detailed charts, please view our complete Q3 Quarterly Real Estate Report.http://blog.pacunion.com/pacific-union-q3-report-2013/