The most expensive home sold in Marin County in 2023 sold for $23,350,000. This year Belvedere took the top spot with 6 of the top 10 most expensive homes sold in 2023. See the complete list here!

The Marin County real estate market held flat in September, with the median price remaining at $1.475mm compared to the same month last year. Inventory continued to be a challenge with the number of homes available for sale down 9%. For the quarter ending in September, the SF Bay Area overall saw a drop in sales activity, with Marin and San Francisco leading the drop at 23%. This is to be expected given the much lower inventories in the same period. Read my full report here.

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.

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.