Archive for category: Market Reports

In September we saw the median home price in Marin County rise to $1.8 million, up 1.2% from the same time last year, while we also saw the inventory of homes increase by 24% to a record high for the last 12 months. It appears the recent interest rate cuts have motivated some buyers and sellers who had been waiting to “see what happens” to move into the market.

The Marin County median price has resumed its march upward, reaching $1.98 million in June, up 10% vs. the same time last year. Home buyers seem to be “back in the game” as the shock of higher interest rates wears off and life moves on. Read more here.

In March we saw the Marin real estate market awake from its slumber, with three of the four metrics I discuss in this monthly report in the green. The median sold price jumped 10% vs the same month last year to $1.95 million, while the number of homes for sale was up 15% to 301 on the market. There is now a healthy 2.1 months of supply on the market, up 24% since March 2023.

Home prices in Marin county resumed their upward march with the median home price up 5% to $1.35 million. Days on market were up to 53. Read my full Marin real estate market update here.

The Marin County real estate market held flat in September, with the median price remaining at $1.475mm compared to the same month last year. Inventory continued to be a challenge with the number of homes available for sale down 9%. For the quarter ending in September, the SF Bay Area overall saw a drop in sales activity, with Marin and San Francisco leading the drop at 23%. This is to be expected given the much lower inventories in the same period. Read my full report here.