November 2018 Real Estate Update

By November 21, 2018Real Estate News

The median sales price rose from October 2017 in most Northern California regions in which Compass does business, except for Sonoma Valley, where it was down by almost 10 percent. Elsewhere, annual appreciation ranged from 0.3 percent in Sonoma County to more than 25 percent for single-family homes in Lake Tahoe.

Home sellers in Marin County enjoyed double-digit-percent annual gains in October, as the median sales price rose by 16.0 percent to $1,450,000. Buyers paid 98.3 percent of original price, almost exactly the same as they did one year earlier.