Monday, May 11, 2009

More positive Trends for real estate in Marin


With some healthy stock market gains for three months and less fear in the business and real estate sector it really looks like sales are picking up in Marin. We have been seeing multiple offers on some well-priced homes, and quick sales on great homes in great locations, like Stephanie Witt's listing at 43 Park Avenue in Mill Valley, which sold just days after listing, and 389 Throckmorton in Mill Valley, which went into escrow within about a week of listing. (see more on 389 Throckmorton below)

Dana Kunz, the Vice President of Business Development at Pacific Union, has been doing a great job analyzing the data recently, and a lot of it can be seen at her blog here.

In this chart, with data compiled at the end of April, you can see that home sales are up again in Marin for the second month this year. Sales in the lower price ranges have been selling briskly, and recent data shows that sales in the $1 Million to $1.5 Million price range have also been picking up. Take a look at Dana's blog for a much more detailed analysis of home sales in Marin, including some local Mill Valley statistics.

No comments:

Post a Comment