July Marin home sales numbers are in and the results are about what I expected. The number of Marin homes for sale increased by about 10 percent, while the number of homes going into contract was relatively flat from last year. The number of homes sold was down just fourteen percent. While sales are still down from last year, the gap between sales of 2007 and 2008 is closing. In June, sales were down 20% from the previous year, so we did see a slight improvement.
July 2007 | July 2008 | ∆ | % ∆ | |
For Sale | 1,099 | 1,219 | 111 | 10.10 |
Under Contract | 182 | 184 | 2 | 1.10 |
Sold | 204 | 176 | -28 | -13.73 |
*Statistics pulled from BAREIS MLS. Single Family Residential Only.