The first quarter median sales price increased year over year in all Northern California regions in which Pacific Union operates except in Sonoma Valley, where prices relaxed slightly. Inventory mostly trended downward from the first quarter of 2017, though supply conditions in our Mid Peninsula subregion were essentially flat.
Pacific Union Chief Economist Selma Hepp offers a brief synopsis of first-quarter real estate activity in each of Pacific Union’s regions. The accompanying links lead to the full report for each area, where you can access the latest regional and community specific market data and statistics to help you make a better, more informed homebuying or selling decision.
for the full report from Selma Hepp.