Well, I’ve always been saying living in Marin was special–for many reasons, among them rate of appreciation in value. Well, the latest stats prove it once again! Read on.
The Bay Area saw an average of 8 percent annual home price appreciation from January through April of 2017, according to a recent analysis by Pacific Union Chief Economist Selma Hepp. But of course, home price changes varied by individual markets, ranging from 31 percent gains in one Marin County community to 35 percent losses in a couple of trendy San Francisco neighborhoods.
Check out the 10 Bay Area ZIP codes that experienced the largest housing price gains and losses — including single-family homes and condominiums — as of April, according to MLS data. (Note that only ZIP codes with at least 10 sales year to date as of April have been included in this analysis.) Click here to see the full list of Bay Area ZIP code-level price changes to help guide you when selling a home making an offer on one, along with expert advice from your trusted real estate professional.
2017’s Top Five Bay Area Housing Markets, Highest Annual Appreciation
2017’s Top Five Bay Area Housing Markets, Highest Annual Depreciation
Number one is San Anselmo and number two is Belvedere/Tiburon. NONE (that’s N O N E) of the five worst value drops is in Marin. We don’t need to look for reasons why we prefer to live here, but, as always, there’s nothing wrong with the facts!
Have questions about the value of your home, or where the markets are going? Give us a call–we can give you good advice, and, as Sgt. Friday used to say on Dragnet, “Just the facts.”
Our numbers: (Peter: (415) 279-6466; Jane: (415) 531-4091.