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Blog Archives: April 2018

Napa Valley Real Estate Report April 2018

April 19, 2018
Michael Minson
It might have been March’s very rainy, wet weather that caused Napa’s home and condominium buyers and sellers to temper their activity. It might have been stock market volatility. New home and condominium listings were both down, as were home sales. Condominium sales eked out a very small increase. Sold prices for March were down from February. Single Family Homes: The three-month rolling average median sales price of $692,667 is up 5.3% over last year’s. Year-to-date, new listings are down 15% while sales are down 7.6%. ...

Southern/Central Marin County Real Estate Report, April 2018

April 13, 2018
In spite of very rainy, wet weather, Marin single family home buyers were buying in March. Median sold prices rose for both homes and condominiums, with homes rising just slightly from $1,461,000 to $1,468,000 and condominiums jumping from $668,000 to $729,000. Single Family Homes: The three-month rolling average median sales price of $1,468,000 is up 9.7% over last year’s. Year-to-date, new listings are down 14% while sales are up 6.9%. March’s inventory of 1.9 months is 14% lower than in 2017. The median percent of ...

San Francisco Real Estate Market Update: April 2018

April 13, 2018
Michael Minson
In spite of very rainy, wet weather, San Francisco buyers were buying in March, both single family homes and condominiums. The median sold price for homes eased off just a bit, from $1,700,000 to $1,687,500, while condos jumped from $1,094,000 to $1,250,000. Likewise, the median sold price per square foot for a single family home eased off February’s record high and it was the condominium median sold price per square foot that hit a new high - $1,145. Single Family Homes: The three-month rolling average median sales price of ...

Q1 San Francisco Market Update

April 02, 2018
Michael Minson
The news keeps coming for the Bay Area real estate market. Here’s what you need to know. We’re still in a very strong seller’s market here, with lower inventory than we’ve seen in the past decade. This is causing prices to continue to rise steadily. The median price per square foot for single-family homes in San Francisco finally broke the $1,000 barrier for the first time. It’s up 150% since the market bottomed out at $408 just five years ago. This hasn’t slowed demand one bit. February’s median home price broke ...