June 2024 Real Estate Market News & More

Happy Summer! Officially...This June newsletter arrives to you as July approaches! I was a bit occupied with my daughter's high school graduation and all that comes with that! The summer and typical seasonality in the real estate market is upon us. The interest rate environment remains essentially the same, though supply (limited) and demand (reasonable) keeps the real estate market largely moving forward in both SF and Marin. Some stats and details below in both markets...with some exciting new listings coming up soon and notes about why Sausalito has so few children and the potential of Jackson Square as the new tech and business hub in SF!

I hope the end of the school year (if that impacts you) was good for you and yours, and that you have an amazing summer wherever your adventures take you. All the best and talk soon...

-MM

Local News

Children are scarce in this Bay Area city. Here’s why that matters

Sausalito isn’t getting any younger. Roughly 9% of the city’s residents were under age 18 in 2020, according to decennial census data. That makes Sausalito one of the handful of communities in California with at least 5,000 people where less than 1 in 10 residents is a child.

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Is this affluent S.F. neighborhood downtown’s new epicenter?

When New York real estate developer Michael Shvo and his partners decided to pour nearly $1 billion into purchasing and renovating the Transamerica Pyramid in 2020, the deal triggered questions about whether the massive, mid-pandemic investment in the iconic but long-ignored landmark would pay off.

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May 2024 Market Review

Marin County

Stats at a Glance - All Property Types

May 2024 Data by Area - Single-Family Homes

Seasonality & Long-term Trends

# New Listings on Market: All Property Types 2019-2024

Median Sales Price: All Property Types 2014-2024

San Francisco

Stats at a Glance: All Property Types

Seasonality & Long-term Trends

# New Listings on Market: All Property Types 2019-2024

Median Sales Price: All Property Types 2014-2024

Note: Above data reflects that reported to NorCal MLS Alliance MLS. Data from sources deemed reliable but may contain errors and is subject to revision. All numbers approximate. Outlier data adjusted when identified.