The overall Bay Area had a year-over-year increase of 6.6% in home values, the California Association of Realtors reported.
The median price of a detached home in Marin has declined nearly 7% over the past year, even as overall values rose in the Bay Area real estate market.
In the Marin condominium and townhome market, the median price last month was $790,000, compared to $875,000 the previous September, according to the county data. Sales fell from 61 in September 2022 to 45 last month. Santa Clara County led the nine-county region in year-over-year median price gains last month, rising 9% to $1.85 million, the association reported. The Sonoma County median rose 5.3%, to $848,000.
The mortgage rates, at their highest level in 23 years, have discouraged some would-be sellers from trading up their homes, keeping the supply tight.“We have an extreme lack of inventory here, and I don’t see that changing anytime soon,” said Jim Hamilton, president of the Silicon Valley Association of Realtors and an agent with Compass in Los Gatos.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Photos: Bay Area high school football Week 9, 2023Jose Carlos Fajardo is a photojournalist for the Bay Area News Group based in Walnut Creek. He started working for the organization as a photo tech in 1994 and in 1997 became a full-time photographer. He has covered many major sporting events and breaking news stories in the Bay Area. But his favorite subjects to photograph are his son J.J.
Consulte Mais informação »
Bay Area high school football roundup 2023: Best of Week 9 actionMenlo School celebrates PAL De Anza title. Mitty blanks Bellarmine. McClymonds cruises to another OAL triumph.
Consulte Mais informação »
Say no to REACH’s plan to industrialize Morro Bay, protect our coastlineOPINION by GAIL JOHNSON An open letter to REACH, a regional economic action coalition: Recently, you invited citizens of the San Luis Obispo County to
Consulte Mais informação »
San Jose mayor sees opportunities and challenges for Bay Area’s largest citySan Jose’s mayor on Saturday sketched out a grassroots approach for the Bay Area’s largest city to improve safety, address homelessness, create a cleaner community and improve its econo…
Consulte Mais informação »
8 spooky Bay Area home displays to explore for Halloween — and revisit at ChristmasThese holiday enthusiasts elaborately decorate their yards for Halloween, then quickly turn around and deck their homes with lots and lots of lights for Christmas.
Consulte Mais informação »
I tried the Bay Area hike that destroyed Sam Bankman-FriedMany interviewees have hiked with author Michael Lewis, but few have struggled like FTX's Sam Bankman-Fried did on this climb in Berkeley's Tilden Park.
Consulte Mais informação »