Hello Everyone,
About four times every year, the calendar gets out of synch with our twice-per-month reporting format, and we have to wait for it to "catch up". The current period is one of those times. While we are waiting for the end-of-month data to be compiled by the reporting services we use, the writer has provided the monthly reports that are available for your use via his website
http://www.fredanlyan.com
The City-by-City Report, out this week, shows the percentage in contract of only 3 of the covered Marin County cities and towns decreased. It increased, even if only slightly, in the other 10! Single Family YTD home sales as of July 26 were 1058, compared to 1055 last year at the same time, or up 1/3 of 1%! This is great news, since we had the federal and state tax incentives last year and none this year! SFR inventory down slightly from 1141 at last report to 1115 on July 26, with percentage in contract holding pretty steady, and even increasing in the $0-$999K range (from 36.8% to 39.8%). Condo's putting forth a creditable effort too, with 292 YTD units sold as of July 26, compared to the year-ago figure of 275, or up 6%. This, a significant increase from the 2.7% year-over-year increase reported last time. Condo percentages in contract holding or increasing slightly as well.
The writer wishes all a safe and enjoyable summer season.
More later.
Until then, best wishes to all,
Fred
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