The number of single family Marin homes for sale increased by almost 10% over June of 2007. The number of Marin County homes sold was down over 20% from June 2007. Despite the number of sold properties being down, the bright light continues to be strong sale pending numbers. The number of Marin homes under contract increased slightly by 4.57%.
Will that trend continue in July? I would expect a summer slow down as many buyers and sellers are vacationing, with a resurgence of buyer interest and activity in the fall.
June 2007 | June 2008 | ∆ | % ∆ | |
For Sale | 1,137 | 1,249 | 112 | 9.85 |
Under Contract | 197 | 206 | 9 | 4.57 |
Sold | 226 | 174 | -52 | -23.01 |
*Statistics pulled from BAREIS MLS. Single Family Residential Only.