Archive for category: Market Reports

In November, we saw a continuation of a multi-year pattern here in Marin County - pricing continues to edge up vs. the same time last year and inventories are down. Overall, the median price increased by almost 15% versus last year to $1.8 million. It seems like only yesterday we passed the million dollar mark and now we are closing in on two million. The number of homes sold in November was up 30% versus November 2019. Read more here.

In August we saw Marin home sales increase 41.8% vs. August 2019, with the median sold price up a whopping 23.5%. The number of homes sold in August was up 41.8% versus prior year, reflecting the delayed season due to the pandemic as well as the increased demand for homes outside large metropolitan areas. Read more here.

In May we saw both pricing and inventories decline. Buyers are out in force, however, and I saw 3 of my own listings go into escrow during the month. Read the complete report here.

The spring real estate season is underway, and buyers are out in full force. Home inventories declined 5.7% versus the same period last year while most pricing metrics began trending upward, with the exception of median sold pricing which was down 4.4%. It is a turbulent time with the Corona (COVID-19) virus continuing to spread and a stock market that is showing volatility unlike anything we have seen since the financial crisis but so far the market here in Marin continues to perform very well.

Another year comes to a close but there’s time for one more market report before we celebrate the holidays. I would like to take a moment at the top of the report to thank you all for your support this year -- it was one of my best ever -- and to wish you a very happy holiday season.  In November we saw median pricing that was flat to last year, while inventories were down about 32% vs. the same month in 2018. We ended the month with 340 active listings in MLS compared to 398 in November of 2018. I would classify the market as very strong. Read More Here.