Wednesday, April 19, 2006

DataQuick's March, 2006 Results

Here's DataQuick's take on the March, 2006 sales results for the Bay Area; markets continue to erode. DataQuick's March report for Marin County is consistent with that found elsewhere on this blog -- year-over-year, prices remain essentially flat and sales volume continues to be negative.

10 Comments:

Blogger Marinite said...

I look forward to see how the Marin IJ spins this.

Apr 19, 2006, 5:44:00 PM  
Anonymous Anonymous said...

I love how none of the local news media goes near the inventory question. Are sales lower in the face of similar or higher inventory levels compared to last year? Would be nice to know -);

Apr 19, 2006, 6:27:00 PM  
Blogger Bubble-X said...

Looking at inventory requires some thought- and financial education. That's the problem.

Apr 19, 2006, 6:36:00 PM  
Anonymous Anonymous said...

I look forward to see how the Marin IJ spins this

How about this: "Real Estate Inventories Increase slightly as Median Prices Continue To Rise"

Apr 19, 2006, 9:23:00 PM  
Blogger marin_explorer said...

Do you suppose Marin homeowners will overlook the sales volumedrop, concluding local prices are "stable"?

Apr 20, 2006, 1:29:00 AM  
Anonymous Oakland_Cal said...

That's it !!!

"Marin Prices Most Stable Among Bay Area Counties"

Apr 20, 2006, 7:28:00 AM  
Anonymous tom stone said...

the press democrat says the market is stable as the median in march 05,and march 06 is identical a 575k.of course it was at 619 k in october....and inventory went up 1100 homes between 3-20 and 4-20 in sonoma county.add up the number of pages that real estate ads make up of all the ads in your paper,this might,perhaps have some minor affect on the editorial stance and content of the paper.

Apr 20, 2006, 9:24:00 AM  
Blogger sf jack said...

"1100 homes between 3-20 and 4-20"

tom - Did somebody yell "fire" or are people just moving orderly toward the exits?

Apr 20, 2006, 11:52:00 AM  
Blogger Athena said...

LOL... SFJack... someone whispered "fire" and none of them are aware that other people heard it too... they seem to be unaware of how many houses are on the market in our area... they take all the for sale signs as nothing more than a symbol of prosperity reinforcing that someone is going to make a killing because everyone wants to live here.

Apr 20, 2006, 12:07:00 PM  
Blogger rejunkie said...

Here is the Marin IJ's breathless headline:

Median housing price hits $962,500

And then goes on to wonder:

Could Marin soon see a median home price of $1 million?

Then today the Chronicle states A chilly March
Single-digit growth in Bay Area prices


Both use Dataquick as the source for their data and yet they have two completely different spins on the same story.

Apr 24, 2006, 9:11:00 PM  

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