Attached are some the latest statistics from the Marin Report.

As you can see we have seen sales of existing single family homes increase by 43% from March but are still below 2007 same period by 31%. Below are the details by City:

We are still seeing a decrease in the number of units sold throughout the county for the month of May to date. 108 Single family homes have sold from May 1- 26 compared to 187 for the same period last year. The number of homes in contract on the other hand is increasing. There are 259 single family homes currently in contract which represents 24.2% of total homes currently marketed. When the percentage reaches 25% we are looking at a more balanced market between buyers and sellers. Sellers have gotten the message that aggressive pricing is needed to make the sale and the median and average prices we have seen in April are a reflection of buyers being attracted to seller concessions. If you should have any questions on this data feel free to drop me a line at rparks@visionrealtors.com or call me at 415-297-9000. Marin Real Estate Blog