While some were seeing a glimmer of hope in recent sales on the south side of San Francisco, the numbers coming in from Marin don't seem to be showing any such spark.
While inventories are up as you would expect this time of year, the number of properties sold last month (February) is down compared to January (heading in the wrong direction). Compared to February last year, the number of single family home sales is down more than 30%!
Our full monthly report has just been posted on our web site.
This continues a trend of the past several months (see first graph).
And, the first two and a half months this year has seen the smallest number of sales since before 2001. (see second graph).
While inventories are up as you would expect this time of year, the number of properties sold last month (February) is down compared to January (heading in the wrong direction). Compared to February last year, the number of single family home sales is down more than 30%!
Our full monthly report has just been posted on our web site.
This continues a trend of the past several months (see first graph).
And, the first two and a half months this year has seen the smallest number of sales since before 2001. (see second graph).
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