Marin County Real Estate Market Report January 2020 | Trends & Market News

Happy New Year! I hope you had a wonderful holiday season and re-entry has not been too difficult. The market did not take as much of a pause as it usually does in December – I personally closed deals on both Christmas Eve and New Year’s Eve, a first for me. Versus last year, inventories in Marin County were down 18%, median pricing was flat and sales were up about 20%.

My Notable Sales in December

December wrapped up a strong year for me, second only to 2016. I represented a buyer on a large, modern $4.9mm estate in Ross – address withheld to respect their privacy. That one closed on Christmas Eve, then on New Year’s Eve my listing in conjunction with Global Estates at 190 Gilmartin Drive (pictured above) closed for $6,625,000. 

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Here Comes Spring!

As I write this, it is a cold winter’s morning and I cannot see much beyond my windows as all of Marin is covered in thick fog. However spring is right around the corner and with it the busy spring Marin real estate season. If my prediction for the full year (below) comes true, this spring will be even more important than others.

I am actively working on a number of listings to present as soon as next week for sellers who want to get a jump on the season. There are plenty of buyers out there — both my own and those who are visiting my website which features new, powerful search tools that allow buyers to set up daily / weekly alerts on new listings, market reports and open houses. Buyers can sign up to receive an automated market report for all of Marin, or just a specific town or towns. In addition, buyers can receive that weekend’s open houses via email each Thursday. 

Just Listed and Coming This Month

1408 Douglass St (see below) is a newly re-imagined modern masterpiece located in the coveted enclave of Noe Valley. Offering 3 bedrooms, 3.5 baths, an open-concept floor plan, indoor/outdoor flow and captivating panoramic views, it is the perfect marriage of sophisticated style, modern spaces and ultimate privacy.   

195 San Francisco Blvd (also below) is the ideal family home and the epitome of curb appeal located in one of San Anselmo’s premiere neighborhoods.  This beautiful 4 bedroom, 2.5 bath craftsman features an open-concept floor plan, 2 family rooms and opens out to a large, level lawn area perfect for play and entertaining. 

What Does 2020 Hold for Marin / Bay Area Real Estate?

I always hesitate to make predictions, joking that my crystal ball is at the cleaners, but there does seem to be a general consensus that we will see a slowdown in 2020. It is an election year and what we experienced in 2016 was the fall market didn’t really happen – all eyes and energy were on the election. I do not know if that will happen again but I would bet on a very strong spring market based on current stock market performance and the strong winter season, then the typical lull in summer and a fall that is slower than 2019. Stay tuned!

Let’s Talk About the Marin Real Estate Market!

These monthly Marin County real estate market reports are a great place to start to learn more about the market. Let’s continue the conversation — I am always happy to discuss the market, and the best way to approach it whether you are a buyer or a seller.

To those who read this report each month, thank you for all your support of my business. I couldn’t do it without you. Call or text me at 415-847-5584 anytime.