Generally speaking, these charts apply to SF, Marin and San Mateo markets – those in which “high-price-tier” houses predominate (high-price-tier is the upper third of Bay Area house sales – the median house prices in all 3 counties are well above the threshold for the high-price tier in the Bay Area).
Two market share charts, the data is straight from Broker Metrics for SFD, condo, co-op, TIC and 2-4 unit sales. It was a very tough summer for most of our competition. 🙁 Dollar Volume Home Sales, summer 2014 vs. summer 2013. Total dollar volume sales in SF over the summer were up about 1% year […]
The Case-Shiller Index for the San Francisco Metro Area covers the house markets of 5 Bay Area counties, divided into 3 price tiers, each constituting one third of unit sales. Most of the San Francisco’s, Marin’s and San Mateo’s house sales are in the “high price tier”, so that is where we focus most of […]
All the issues pertaining to TIC formation, condo conversion, Ellis Act restrictions, tenant eviction restrictions, relocation fees, financing, etc. seem to be taking a toll on the TIC market as far as quantity of sales. Note that the 2014 figure on the chart is a projection for total 2014 sales volume based on YTD sales. […]
