Why This Spring Real Estate Market Is So Exciting!

There’s a growing consensus that the spring real estate market is looking more lively and exciting than for some time.

Let’s consider these national statistics:

• Signed contracts on new homes saw a 1.8% increase from January to February. (Source: US Census Bureau)
• Last month sales were up a solid 5.1% year-over-year! (Source: US Census Bureau)
• Prices are up 4.1% compared to last year (Source: Case-Shiller Index for January).
• In February, existing home closings exceeded expectations, increasing by 4.2% compared to January (Source: National Association of REALTORS®).
• Inventory of available homes for sale rose by 5.1%, creating better choice for buyers (Source: National Association of REALTORS®).
• So far in 2025 mortgage rates have fallen for several straight weeks (Source: National Association of REALTORS®).
• Closer to home, last month saw a year-on-year increase in sales in both Marin and Sonoma counties and inventory is growing
• We are thus entering the busy spring period with many strong indicators that, for sellers and buyers alike, there is a rare cocktail of favorable market conditions that suggest that things are shaping up in stark contrast to the difficulties of the same period last year.

Could things get better still? Sure, but the only certainty in real estate is the market that’s right in front of us and it’s looking very promising.

Call Jim today at 415-492-0100 for a free market value report on your home.