One of the most common questions to any Realtor is, "how's the market?". While we can't always predict the future we can look at the data from the past for context.
I'm thrilled to be sharing with you the powerful analysis of Patrick Carlisle,
Chief Market Analyst for the
San Francisco Bay Area
and Anousha Zafaripour, market analyst at Compass.
My own interpretation and guidance on the market is:
1) The past four years (2015-2018) have seen a steady trend of approximately $3B in sales for Monterey County home sales
2) Quarterly sales are improving across markets from a stalled market in Q42018
3) Interest rates remain low and are projected to slightly decrease that will continue to support the market
We continue to see demand for homes across markets as the Monterey Peninsula and our communities are highly desirable. I envision the market will remain strong throughout 2019.
Take a look for yourself at the analysis below and let us know if we can be a resource.