Thomas Henthorne Marin Real Estate Blog Cover Photo

Welcome to My Marin Real Estate and Lifestyle Blog!

Welcome to My Marin County Real Estate Blog! On this page I share Marin real estate market news and advice for both home buyers and sellers... and those that enjoy reading about real estate. Also you will find other Northern California…
Marin county real estate market report August 2023 cover chart
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Marin County Real Estate Market Report August 2023 | Latest News

July brought us the first year-on-year increase in the median home price in Marin County in quite some time. After months of falling, we saw the median home price increase to $1.73 million, up 1% versus July of 2022. Homes on the market are taking longer to sell, with the days on market almost doubling to 40 days on market average. Inventories remain tight, with 324 homes for sale, down 27% versus the same month last year. Read more here.
July 2023 Marin County Real Estate market report
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Marin County Real Estate Market Report July 2023 | Latest News

In June we saw the market continue to cool versus the same time last year, but the market has picked up considerably compared to earlier in the year. The median home price in Marin County was $1.9 million, down 15% from June 2022, while the number of homes on the market was down 40% compared to the same time period. Well-priced and well-presented homes are still moving quickly, and in some cases they are still seeing multiple offers.. Read more here.
Marin Real Estate Market Report June 2023 stats chart
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Marin County Real Estate Market Report June 2023 | Latest News

In May we saw inventory begin to recover from earlier in the year. While the number of homes for sale is still down 32% vs the same period in 2022, we saw a 14% increase vs. April and a 34% increase since March. The market seems to be adjusting to the more normal interest rates this year, with the pace of price reductions slowing as we enter the summer season. The median home price began to flirt with that $2 million price point again, climbing to $1.9 million. Read more here.
Marin County real estate market report May 2023
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Marin County Real Estate Market Report May 2023 | Latest News

In April we saw the market begin to rebound after a long and rainy winter, with about 20% more homes on the market compared to the prior month, and a 22% increase in the median sold price to $1.827 million. However compared to the same time last year, the median was down 8.6% and the number of homes for sale was down 35%, reflecting the continuing the trend we have seen year to date. Read more here.
Marin County Real Estate Market Report April 2023
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Marin County Real Estate Market Report April 2023 | Latest News

The big story in the Marin Real Estate market so far this year is that new listings are down significantly from the same time last year as the median home price continues to decline. In March the median sold price was down 12% to $1.2mm compared to March 2022, while there were only 261 homes on the market, down 45% from the same time period Read more here.
March 2023 Marin County Real Estate Market Report
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Marin County Real Estate Market Report March 2023 | Latest News

The Marin real estate market continued to slow with the median home price down to $1.2mm in February, down 8% compared to February 2022. At the same time, the number of homes on the market is down 50% compared to the same time last year as some sellers wait on the sidelines hoping for a return to the boom market that took off during the early stages of the pandemic. Typically March is the start of the big spring real estate season and instead of a flood of new listings we are seeing just a trickle. Read more here.
February 2023 Marin County Real Estate Market Report chart
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Marin County Real Estate Market Report February 2023 | Latest News

The market continued to slow in January, with the median home price down 17% vs. January 2022 to $1.1 million. Days on market jumped considerably to 62, up 35%, while the months of supply of homes for sale nearly doubled from the prior month. There were 46% fewer homes on the market in January 2023 compared to January 2022. Read more here.
January 2023 Marin real estate market report chart
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Marin County Real Estate Market Report January 2023 | Latest News

Happy New Year! 2023 began with a bang in Marin County with record rainfall and one storm after another, replenishing our reservoirs and inflicting misery on those suffering its effects. The real estate market in December, while sleepy, set an interesting tone for the year. For the first time in as long as I can remember, the median home price declined. It was down 4% compared to December of 2021 at $1.3mm. The number of homes for sale also dropped 26% to 220 and the homes on the market were taking longer to sell, up 33% to 48 days on market. Read more here.
December 2022 Marin County Real Estate Market Report Chart with median sold price and days on market
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Marin County Real Estate Market Report December 2022 | Latest News

Happy holidays! As the year draws to a close, we continue to see a market which is very different than what we saw earlier this year. It is still a strong market, with median pricing up 11% vs the same time last year to $1.47 million. However we are seeing more price cuts with homes taking longer to sell. Read more here.
Marin County Real Estate Market Report key metrics graph November 2022
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Marin County Real Estate Market Report November 2022 | Latest News

Marin County bucked the SF Bay Area trend, registering as one of only two counties to see continued price appreciation in October vs. the same month last year. Median home pricing was up 4%, while the number of homes was flat to the same time last year. We did see the average home price decline close to 7%, indicating a softening at the higher end of the market. Read more here.
October 2022 Marin County real estate market report graphic
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Marin County Real Estate Market Report October 2022 | Latest News

The market slowdown that began in the middle of this year continued in September, with the number of homes for sale in Marin rising from 346 to 449 and months of supply up 21% compared to the same time last year. Median pricing resumed its upward climb, with the median up 5.4% compared to prior year. Read more here.
Marin county real estate market report September 2022
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Marin County Real Estate Market Report September 2022 | Latest News

In further evidence that the market is slowing from its frenzied peaks, we saw the median home price in Marin County decline 3.4% versus the same time last year to $1,754,000. Homes took longer to sell in August, up 7% to an average of 32 days. There were about 36% fewer homes on the market, perhaps reflective of all the people on vacation last month. It seemed like all my friends and clients were in Portugal! Read more here.
Marin real estate market report august 2022 graphic
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Marin County Real Estate Market Report August 2022 | Latest News

The market shift that began a couple of months ago accelerated in July, with inventories increasing significantly as prices in the Marin real estate market begin to flatten out and in some cases decline. Homes that would have sold a few months ago with multiple offers for over asking are sitting on the market, and we are seeing more downward price adjustments than anytime in the last two years. Read more here.
July 2022 marin county real estate market report graphic
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Marin County Real Estate Market Report July 2022 | Latest News

We saw something in last month’s numbers that we have not seen in more than a year – the number of homes for sale and the months of inventory (how long it would take to sell all the homes on the market if no additional homes were listed) both increased versus the same time last year. There were 256 homes on the Marin real estate market in June - a 29% increase from last year and the most homes for sale in the past 14 months. Read more here.
June 2022 Marin County Real Estate Market Report graphic
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Marin County Real Estate Market Report June 2022 | Latest News

May was another busy month in the Marin County real estate market with increased pricing and continued low inventories. The median home price was $2.6mm, up 18 % vs. the same month last year, while home inventories were down by 14%. However real estate agents are all talking about a subtle shift that they see occurring in the market and speculating on potential drivers of this change.