Wine Country and North Bay real estate trends for July 2022 ...Middle East

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Wine Country and North Bay real estate trends for July 2022
For all of the areas covered by our Multiple Listing Service (BAREIS), which includes Marin, Mendocino, Napa, Solano and Sonoma Counties, there is an inventory of 2,697 homes and condominiums for sale at the end of July.  Inventory is 34 percent above that of a year ago (2,007) and it is 11 percent above the inventory last month (2,429).  This continues the trend over the past three months where inventory in a current month has exceeded inventory one year prior.  It is also consistent with national data where listings are 32 percent ahead of a year ago.  Both nationally and locally, the rate of increase in inventory is declining in what we describe as a typical seasonal trend. Despite the pi

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