Sunday, November 19, 2006

Updated September, 2006 Results for Marin

Remember back when I reported Marin County results for September, 2006 and DataQuick was reporting that Marin "appreciation" was up +1.4%? Well, I just noticed that number for September, 2006 was revised downward to -1.24%.

Before:

After:

According to DataQuick these two tables represent sales of the same things: SFRs, condos, townhouses, new houses.

I wonder what October, 2006's results will get revised to?

10 Comments:

Blogger hemorrhoidforhousing said...

We are either at the top of the plateau or balanced at the precipice of the peak. Either way there is a decline on the other side.

One takes longer to decline than the other but each has a drop assoicated to it. I feel it is more of a plateau where prices will remain flat and then decline.

Nov 20, 2006, 9:41:00 AM  
Anonymous pothead said...

Weird that they would drop the # sold by 13% (37 homes), but maybe they always do this? Another thing, why do they increase the sale price for '05 from $802K to $805K? Surely that data didn't change in the last couople of weeks..

Nov 20, 2006, 10:43:00 AM  
Blogger AnalysisGuy said...

Take a look at my market history & forecast report for Bakersfield, Modesto and Los Angeles at
http://homepricehistory.blogspot.com/. Several Marin reports will published in a few days, along with a new city every day.

Nov 20, 2006, 11:59:00 AM  
Blogger Marinite said...

analysisguy -

It would be great if you did Marin or some towns in Marin.

So what would be a representative sample of Marin towns? Maybe Tiburon, Larkspur, San Rafael, Novato?

Nov 20, 2006, 2:05:00 PM  
Blogger Marinite said...

And I am adding your site to the links bar.

Nov 20, 2006, 2:06:00 PM  
Blogger AnalysisGuy said...

Today’s report on San Diego has been released!
Local Home Price Analysis I'm put Marin on the list. Please leave comments on my site in the future so I don't miss the requests.

Nov 21, 2006, 10:47:00 AM  
Anonymous Lord Wontcha Buy Me a House in Marin said...

Thank you. This analysis is the reason I love this site.

I just heard on NPR last night that a study (by a Real Estate Org related to UC Berkeley?) shows that buyers should not wait for a significant downturn as the housing slump won't affect the Bay Area more than a few percentage points. It's so exhausting to keep hearing this. My husband and I have been wanting to buy a house in Marin for YEARS and all of the sane people we know keep telling us to wait. Meanwhile the "experts" keep saying Marin is somehow immune to what is supposedly going to be a huge downturn. Whom to believe? We don't want to miss out on the *still* low interest rates, but we are not idiots and refuse to play into the insanity. Your commitement to the truth is much appreciated.

Nov 21, 2006, 12:16:00 PM  
Anonymous ross valley local said...

"...buyers should not wait for a significant downturn as the housing slump won't affect the Bay Area more than a few percentage points"

That's sort of funny because everyone was saying the same thing about their favorite locale: Seattle, SF, Santa Barbara, LA, yada yada.

Isn't it time the industry-fed pundits are thoroughly discredited?

Nov 21, 2006, 8:51:00 PM  
Blogger AnalysisGuy said...

Today's report is out on Atlanta and it's first for AnalysisGuy. No big bubble. A Marin report will be out soon, see the calendar for details.
Daily Home Price Analysis

Nov 22, 2006, 1:34:00 PM  
Anonymous Anonymous said...

Lord Wontcha Buy Me a House in Marin said...

"I just heard on NPR last night that a study (by a Real Estate Org related to UC Berkeley?) shows that buyers should not wait for a significant downturn as the housing slump won't affect the Bay Area more than a few percentage points. It's so exhausting to keep hearing this. My husband and I have been wanting to buy a house in Marin for YEARS and all of the sane people we know keep telling us to wait. Meanwhile the "experts" keep saying Marin is somehow immune to what is supposedly going to be a huge downturn. Whom to believe? We don't want to miss out on the *still* low interest rates, but we are not idiots and refuse to play into the insanity. Your commitement to the truth is much appreciated."

So you've waited out a 100% increase looking for a 25% pullback?

Nov 23, 2006, 7:33:00 AM  

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