As we start the new year I thought it would be interesting to take a snap shot of last year’s market. There was a large upswing in Home Sales particularly on the south side of the bay. When you look at the condominium sales you need to remember that many of the downtown projects that have been selling extremely well are not listed in the MLS system so those condominium sales figures will not be as accurate as they will be for 2014. We see more and more of the condominium projects downtown are now qualified and listing their properties on the MLS. We have already been through the first few months of high season and we are all very busy. It will be fun to look at these same statistics every quarter and compare them to the previous year.
If you have any Questions about the market as it relates to your investment or would like to have a market study prepared for your own property, please contact one of the Timothy Real Estate Group company professionals.