Summary Home sales in suburban counties like Marin and Sonoma experienced stunning increases of around 35% Sales of existing, single-family homes in July increased 10% YoY; median prices increased by 9.6% Dramatic sales increases have occurred in tandem with a major drop in inventory, as the level of new listings hitting the market remains […]
Summary Southern California’s real estate market continues to race ahead of last year’s performance in terms of both unit sales and prices. Building on the June’s momentum, sales of single-family homes increased by 26% and apartments by 30% on a month-to-month basis. Overall, this brings the total sales of single-family homes and apartments to 6% […]
Summary Southern California’s real estate market experienced a major rebound in sales from May’s low-point, despite still falling short of 2019 numbers Overall sales of single-family homes increased by at least 40%, with apartment sales increasing by 60% Active inventory of single-family homes dropped year-over-year across all counties resulting from surging demand and fewer listings […]
Summary Southern California has experienced one of the largest COVID-19 real estate market slow-downs in the US. Sales of existing, single-family homes dropped 45.6% YoY in May Median prices were slightly higher in May compared to the same period last year The drop in sales coupled with increasing supply has resulted in increased inventory Sales […]
Southern California has experienced one of the largest COVID-19 real estate market slow-downs in the US. Sales of existing, single-family homes in April dropped 37.4% YoY. Median prices were mostly unchanged or became slightly higher in April compared to the same period last year. Realtors have begun adjusting the new COVID reality by figuring out […]
