Sunday, July 17, 2011

Marin Monthly Sales Statistics

We've just posted the monthly sales statistics for Marin County for June.  As with a similar report we publish each month for San Francisco, the Marin report compares sales by month and by year for six specific configurations of single family homes and four configurations of condos.  These configurations represent 70% of all single family homes sold for the month and 80% of all condos.

The report also shows the number of short sale and REO properties currently on the market. 

The number of sales is up significantly compared to May, especially for condos.  In a normal market we expect June to be a peak sales month.  Compared to June of last year the number of sales of single family homes is down slightly but remember that last year there had been a rush to complete sales before the end of the federal tax credit.

Average sales prices were essentially flat for single family homes compared to June of last year.  Condo sales prices were down significantly.

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