HomeMy WebLinkAboutItem 3.6 Residential Real Estate Market Presentation Agenda Item 3.6
STAFF REPORT
CITY COUNCIL
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DATE: April 7, 2026
TO: Honorable Mayor and City Councilmembers
FROM: Colleen Tribby, City Manager
SUBJECT:
Residential Real Estate Market Presentation
Prepared by: Felicia Escover, Economic Development Manager
EXECUTIVE SUMMARY:
The City Council will receive a presentation from David Stark on local residential real estate
trends, including home sales, pricing, inventory, and the national, state, and regional factors
shaping today’s housing market.
STAFF RECOMMENDATION:
Receive the presentation.
FINANCIAL IMPACT:
None.
DESCRIPTION:
Real estate professional, David Stark, will provide an overview of local residential real estate
market conditions, including trends in home sales, pricing, and inventory. The presentation will
also examine national, state, and regional demographic and economic factors influencing the
homebuying and selling experience.
David Stark is the Chief Public Affairs and Communications Officer for the Bay East
Association of REALTORS® (Bay East). In this role, he oversees the Association’s media
relations, real estate market intelligence resources, and political activities. He works with
community leaders, the media, and the public to improve understanding of real estate issues
and to ensure the REALTOR® perspective is considered in public policy development.
Prior to joining Bay East in 2005, Mr. Stark spent more than 12 years managing housing and
community development programs for cities in Southern and Northern California. He holds a
Bachelor of Arts degree in Political Science and English from the Universit y of California,
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Riverside, and a Master’s degree in City and Regional Planning from California Polytechnic
University, San Luis Obispo.
STRATEGIC PLAN INITIATIVE:
None.
NOTICING REQUIREMENTS/PUBLIC OUTREACH:
The City Council Agenda was posted.
ATTACHMENTS:
None.
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