Hi Everyone,
I compiled data for different cities for $1MM-$2MM and $2MM-$5MM properties.
Generally speaking, the $1MM-$2MM market has softened across all markets with sales prices down, $/square foot down, % over list down and days on market up.
The data for $2MM-$5MM market is less stable as there are fewer transactions. However, the market in Lamorinda seems to have softened while the market in Oakland/Berkeley/Piedmont is up slightly. With this range, a single outlier can impact the averages significantly.
Please see the attached PDF and feel free to share with your clients.
Andy
Advertisements
Leave a Reply