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Thursday, September 13, 2007

Bay Area home sales

Single-family homes in Marin seem to be doing fairly well compared to the rest of the Bay. While sales are down almost across the board around the Bay Area, prices in Marin continue to break new ground.

Marin’s August median price of $1,000,000 is among the highest in the nation and by far the top in the Bay Area. Marin’s August median is also an 8.7% increase from ’06. Not bad considering the down-turn in the housing market. However, like the rest of the Bay, volume is way off -down a whopping 32.8% from last year.

The following chart compares home sales in Marin and across the Bay Area. Click on the chart below for complete details...

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