Marin County Real Estate Market Report September 2019 | Trends & Market News

The August 2019 Marin real estate market numbers are in and we continue to see higher inventories and lower prices than last year at the same time. The median sold price dipped 2.1% vs. August 2018 while the number of homes sold was down 8.5%. 

The Fall Real Estate Season is Here!

Each year right after Labor Day we see a burst of homes on the market accompanied by eager buyers who want to get settled before the holidays of November and December. As I type this, my “new listing alerts” in email look a lot like the first few weeks of spring. The buyer profile is often different this time of year as it is less driven by the school year cycle. Buyers in September / October often tend to be younger couples moving from the city, empty nesters downsizing and job relocations.

In My World…

Thankfully I didn’t experience the “summer slowdown” that is characteristic of Marin real estate. My listings at 329 Greenfield in San Anselmo and 660 Redwood Avenue in Corte Madera both closed in August. I was also happy to help one of my clients prevail in a competitive bidding situation to purchase 20 Pacheco Creek in Novato.

I am very excited to present 31 Gold HIll Grade in San Rafael’s coveted Dominican neighborhood. It is a beautiful newly-constructed home in the modern farmhouse style on an acre of secluded land. I worked with the developer on this project, helping with the design of the home and I am very happy with how it turned out. The 20-foot ceilings in the living room make everyone go “WOW!”

31 Gold Hill Grade also features one of the first Modpools in Marin County… a shipping container pool. It is gorgeous and people love looking in from the glass wall. The shallow end converts to a hot tub by inserting a panel. It’s ingenious and beautiful. It’s like a “smart pool”.

I also have a beautiful home launching later this month in the Sea Cliff neighborhood of San Francisco, and a home on Southern Heights in one of my favorite neighborhoods in San Rafael. There’s more in the pipeline – please keep an eye on my featured listings page of my website.

Real Estate in the News

I was excited to be quoted in this recent story in the San Francisco Chronicle about the best time to buy in San Francisco and Marin County. Of course I wish I had used that old quote — the best time to buy is always five years ago! Given our 50 years of pricing appreciation in Marin, that is especially true here.

We continue to see some of the lowest mortgage rates since 2016, so it’s a great time to buy or refinance. I have a few great loan people I work with, so feel free to reach out if you’re looking for someone. 

Let’s Talk!

These monthly Marin County real estate market reports are a great place to start as you 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.

Interestingly, I have had several sellers talk to me this spring about selling next spring. That is very, very smart — it gives them time to prepare their homes for sale next spring. I cannot tell you how many times I have walked into a newly remodeled home where the seller did not consult with me and thought to myself “If only they had chosen a different paint color…”

To those who read this report, 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. Let’s talk real estate!