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Summer Wrapping up? Interest Rates Dropping? - August Real Estate News & More

Summer Wrapping up? Interest Rates Dropping? - August Real Estate News & More

It seems like we are turning the corner on summer, with a return to school (if that impacts you) coming in just a week or so. For me, the end of the month will be a first....dropping my daughter off (yikes) to start her freshman year at USD in San Diego. It appears that William Stafford was correct, nothing we do can stop time's unfolding! I hope that summer has been fantastic for you and yours. Reach out if there is ever anything I can do for you. And, of course, read on for market news and more relative to the San Francisco and Marin housing market(s).

And, if you live in and around Tam Valley, keep an eye out for my semiannual print edition of Tam Valley Market News, reflecting data and details from the neighborhood from the first half of 2024! You can also check out brief market highlights from that brochure in the online edition here.

 


Local News

Unprecedented’ Marin County housing project moves forward amid neighbor pushback

The fight over one of the largest residential projects in Marin County is heating up with the release this month of a key report on the project. Developer North Coast Land Holdings proposed redeveloping the former Golden Gate Baptist Theological Seminary campus adjacent to Mill Valley in 2020 and has been working on the plan since.

 

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More housing in S.F.’s Central SoMa? City willing to relax zoning rules in struggling neighborhood

With millions of square feet of approved office space indefinitely on hold in San Francisco’s Central SoMa neighborhood — possibly for a decade or more — Mayor London Breed is introducing legislation Tuesday that would relax zoning in order to allow more housing to be built in the area.

 

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July 2024 Market Review

Marin County

Stats at a Glance - All Property Types

 
 
 
July 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.

 

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