The Marin County real estate market has definitely entered a new phase -- reversing the multi-year-long trend of low inventories and steadily increasing prices. Home inventories in January increased by 56% vs. the same time in the prior year, and the median sold price was down close to 14%. We are moving to a more balanced market between buyers and sellers. While we still see some competitive offer situations, it is likely buyers will face less of those in 2019 given the increase in home inventories we are expecting. Read more here.

As a companion piece to my annual list of the most expensive homes sold in Marin County in 2018, I decided this year it might be interesting to also publish a list of the top 10 least expensive homes sold in Marin. Read more here.

Home Inventories Up While Pricing Beginning to Flatten and Decline: The 2018 real estate market in the Bay Area is going out with a whimper instead of the "bang" of prior years. The national and local real estate markets have definitely slowed down, as rising interest rates, a faltering stock market and limited deductibility of state / local taxes and mortgage interest have all taken their toll. In November 2018 we saw a whopping 45% more homes on the market than in November 2017 while new listings decreased by about 20%. This indicates to me that the surge of inventory we saw after Labor Day -- much higher than prior years -- did not completely sell and will likely remain on the market through spring.

Looking for a list of things to do in November in the San Francisco Bay Area? Find a curated list here!