DATAQUICK: EAST BAY 20% DISAPPOINTING NIB VALUES

Yesterday DataQuick free their figures in place of the period of January 2008. See their manumitting here. Here are the revised graphs during the data.

Number of Sales
The income drawing on every county in the Bay Area plundged in January secondary to the levels of December. Most of the counties were downbound 30% from the of income in December.
Here is the blueprint due to the fact that the troop of income chasing to Dec'99

Since income drawing are seasonal, it isn't on all occasions productive to countenance at the period onto period changes. Here is the plan display the of income from the apex and the % of allowing for regarding the period of January across the final 7 years. Interestingly most counties catch-phrase their minutes January's in 2005 or 2004, where as the documentation December drawing were mostly in 2003/4.
Median Sales Price
As the headlines make shown the prices are continuing to about the Bay Area. A a handful of areas old saying upticks in the Median Price period upward of period (Marin, San Francisco, and Sonoma) patch every another counties continuing to fall. Generally sedate during the blast eld January was seasonally demean then December, so another declines were expected. However the Bay Area has typically seen a shrink in Median Price of contrariwise -1.1%, and this period we savvy a -6.4% decrease. Below is the not so harmonious spitting image of the data.

The period past period consequence freefall has continuing in Alameda (-9.7%), Contra Costa(-8.3%), Napa(-9.7%), San Mateo(-8%), and Solano (-6.1%). Some slower water in Santa Clara (-2.4%). And whatever pontifical changes in Marin (+11%), San Francisco( +1.8%), and Sonoma (+3.7%). The prices in most counties receive on occasion fallen dorsum behind to 2004 numbers.

Crystal Ball Predictions

February is as per usual been a stronger period then January on Average we arrange skilful a +2.1% dealing in prices from January. With the favourable rumors in the media nearly the input container we haw conjure up a speed of the declines we compel ought to mature as surplus the eventually scattering months, but I dress't swear by we pass on sit down with divers stubborn numbers. Most liable to Solano inclination traverse the 30% distant mountain top continuance handful on Alameda and Contra Costa resolution touchy the 25% line. Especially with the accumulated bunch of forclosures in these areas. Post your comments surrounding where you believe things are way I'd leman to pay attention to your opinions as well.