Archive for category: Marin Real Estate

I was honored to represent two of the top six most expensive homes sold in San Rafael in 2020, one of which was THE most expensive home sold there. See the complete list here.

On November 3rd, California voters approved Proposition 19, a measure designed to give homeowners more freedom to change residences while closing tax loopholes on inherited properties. The measure, set to go into effect in early 2021, has two distinct parts, the first of which allows homeowners who are 55 or older, disabled, or lost their home in a natural disaster to transfer their tax base to a new home up to three times anywhere in California. The second part outlines the requirements for retaining tax basis in family transfers, which is now limited to transferring a primary residence to a child or grandchild for continued use as a primary residence. Learn more here.

September is often one of our busiest months of the year, and September 2020 was no exception. While sales did decline from August by about 12%, they were still up 53% versus September of 2019. The median sold price was up 16% vs. last year at this time at $1.573 million. Read more here.

What a month June was! Pricing metrics were all up DOUBLE DIGITS vs. June of 2019, while inventories were down double digits. June was a classic tale of supply and demand imbalance as buyers came out of quarantine in search of the great schools, wide open space and desirable lifestyle that Marin County affords. Read more here.

This is a market report unlike any I have ever written because we are going through times unlike anything we have ever experienced. First and foremost, let me extend to all of you my heartfelt wish that you and your family and friends are safe at home and in good health. My number one priority is the health and safety of our community, and being there for my clients and friends. I have put together my report with the Marin market stats from March as well as some information on the path forward. Read more here.