2016 Real Estate Trends April-June vs July-Sep

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