It is always interesting to see what summer brings in terms of real estate.
This snapshot of 07/10/13 vs 06/05/13 shows Marin and Sonoma are in sync in market trend while Napa is slightly different.
Inventory grew in Marin and Sonoma at the start of summer (after the schools are out) while Napa saw a slight dip. Homes under contract decreased for both Marin and Sonoma with Napa seeing a jump.
The biggest change is in number of SOLD homes in all three counties, all over 30% decrease! Sold price enjoyed relative small increases compare to the past few months.
MARIN
Median Sale Price YTD (Year to Date)July 10: $802,500
June 05: $791,000 (+10.48%)
Homes on Market - 541 vs 510 (+6.08%)
Homes in Contract - 428 vs 483 (-11.39%)
Homes Sold - 53 vs 79 (-32.91%)
Find out what's happening in Novatowith free, real-time updates from Patch.
Average Sold Price - $1,029,544 vs $1,004,463 (+2.5%)
Median Sale Price - $802,500 vs $791,000 (+1.45%)
Median Sale Price YTD
July 10: $392,750
June 05: $380,000 (+10.36%)
Homes on Market – 863 vs 782 (+10.36%)
Homes in Contract – 877 vs 918 (-4.47%)
Homes Sold – 91 vs 149 (-38.93%)
Find out what's happening in Novatowith free, real-time updates from Patch.
Average Sold Price – $488,483 vs $474,342 (+2.98%)
Median Sale Price - $392.750 vs $380,000 (+3.36%)
NAPA
Median Sale Price YTD
July 10: $430,000
June 05: $425,000 (+1.18%)
Homes on Market – 399 vs 403 (-0.99%)
Homes in Contract – 297 vs 261 (+13.79%)
Homes Sold – 25 vs 38 (-34.21%)
Average Sold Price - $597,653 vs $552,574 (+8.16%)
Median Sale Price - $430,000 vs $425,000 (+1.18%)
(*) Source - BAREIS (Bay Area Real Estate Information System - Residential Properties, All Price Points)
(**) Note - Current Patch format does not support tables, so I included the tables in .jpg format. Please let me know if you need original tables.
Questions? - Please contact Sylvia Barry, BRE#01415544
cell: (415) 717-0293 email: Sylvia@SylviaBarryRE.com or visit her at her website: www.SylviaBarryRE.com
