Blogs Tagged: Statistics

Positive underlying trend in the market condition

Posted On: Thursday, September 16, 2010 - 2:31pm | Posted By: aldocarobene
Topics: Market Statistics

According to the Rosen Consulting Group Market Focus Report, "the completed single-family home and condo sales continued to slide in August 2010, declining by 10% year-over-year. Despite the recent slow down in sales, 2010 single-family home sales through August showed a 12.1% improvement over 2009 and condo sales were up 29.3% over the same period."

National Numbers Down, But What Are the San Francisco Stats Like?

Posted On: Wednesday, August 25, 2010 - 1:54pm | Posted By: matthewgoulden
Topics: Market Statistics

Existing home sales dropped 27.2 percent nationally to a seasonally adjusted annual rate of 3.83 million units in July from a downwardly revised 5.26 million in June, and are 25.5 percent below the 5.14 million-unit level in July 2009, according to a report issued today by the National Association of REALTORS® (NAR).

Headline Market Stats - How useful are they?

Posted On: Friday, June 18, 2010 - 12:04pm | Posted By: matthewgoulden
Topics: Market Statistics

On Thursday's NRP "California Money" it was stated that the Bay Area Median home price is up again, and this is true. But how useful are these headline market statistics when it comes down to your home (buyer or seller).  Well, in my opinion, not much. You really need to look at your specific property and use recent sales that closely match to determine a value. For example, taking a look at District 5.