Lack of inventory seems to be the buzz word, but the statistics paint a different picture. For example, I’ve got 11 listings that are not even on the market yet. If you or someone you know is seeking an investment property or primary residence, let’s talk. All price ranges. Our Marin market is up 1246 units over 2020 at 2557. That’s more than double! Volume YTD is $4,744,000,00 compared to $1,990,000,000 in 2020. Way more than double. A staggering $2.753 Billion over 2020. Incredible demand is the present force at work today and it continues into summer. Demand is not expected to let up because we the have the convergence of millenials finally getting into the game and baby boomers downsizing. And, they are competing for the same type of properties. I keep seeing what looks and feels like a slowdown and then it lights up again. Many of my savvy clients say: “I don’t want to miss this market.” Click the photo below for the flipping book version of my June Report or scroll through. If you’d like the Micro Market Report by city, I’m happy to share.
|