415-461-8609Menu

 

Market News

  • San Francisco Bay Area Luxury Home Market

    December 9, 2020

    San Francisco Bay Area Luxury Home Market

    Due to differing property values, as a very general rule of thumb we define the luxury home segment as properties listed or selling for $3 million+ in San Francisco, Marin, San Mateo & Santa Clara Counties, and for $2 million+ in other Bay Area Counties (and for SF luxury condos and co-ops). In the first six months since the pandemic really impacted monthly sales volume, overall sales remained about the same year over year, but luxury home sales jumped over 50%. Homes sold to affluent and very affluent buyers have significantly increased as percentage of total sales since the pandemic. This also helped pull up overall median home sales prices.

  • Marin County Real Estate Report - November 2020 Report

    November 9, 2020

    Marin County Real Estate Report - November 2020 Report

    The long-term median sales price [see chart in report] is similar to those for counties around the Bay Area - a significant spike in median house prices since the pandemic struck in early spring. However, Marin has seen a more dramatic increase than most.

  • 3Q2020 Marin County Real Estate Trends

    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.

  • 2021 Market Forecast - Section 1 of 4

    October 13, 2020

    2021 Market Forecast - Section 1 of 4

    Leslie Appleton-Young Chief Economist + SVP California Association of REALTORS®

  • 2021 Market Forecast - Section 2 of 4

    October 13, 2020

    2021 Market Forecast - Section 2 of 4

    Leslie Appleton-Young Chief Economist + SVP California Association of REALTORS®

  • 2021 Market Forecast - Section 3 of 4

    October 13, 2020

    2021 Market Forecast - Section 3 of 4

    Leslie Appleton-Young Chief Economist + SVP California Association of REALTORS®

  • 2021 Market Forecast - Section 4 of 4

    October 13, 2020

    2021 Market Forecast - Section 4 of 4

    Leslie Appleton-Young Chief Economist + SVP California Association of REALTORS®

  • Marin County Real Estate - October 2020 Report

    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.)

  • Marin County September Market Trends

    September 8, 2020

    Marin County September Market Trends

    Activity typically surges in spring and declines in summer, but the pandemic changed that dynamic.