Marin County is another bi-polar market, it’s good and bad.

FYI: Notice in the graph how the median home price increased substantially from 1999 to 2001 when the number of homes sold plummeted.

2007_03_04_marin_county_homes.gif

Sure, economic theory says when sales decline, prices are supposed to decline too. But it often doesn’t work that way in real estate. Go figure!