https://i1.wp.com/www.thomashenthorne.com/wp-content/uploads/2016/01/Tom-Golden-Gate-Bridge-by-Patt-Whitt-1-e1454514639297.jpg?fit=473%2C219&ssl=1 219 473 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2016-01-29 14:40:592018-01-16 19:10:50Welcome to My Marin Real Estate and Lifestyle Blog!
Welcome to My Marin County Real Estate Blog! On this page I share Marin real estate market news and advice for both home buyers and sellers... and those that enjoy reading about real estate. Also you will find other Northern California…
https://i1.wp.com/www.thomashenthorne.com/wp-content/uploads/2021/04/April-2021-Market-report-1.jpg?fit=940%2C788&ssl=1 788 940 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2021-04-10 07:36:412021-04-10 08:19:42Marin County Real Estate Market Report April 2021 | Trends & Market News
This is the first Market report of 2021 with figures compared to the pandemic lockdown period of 2020. If you will recall, we went under lockdown during the “longest month” as many referred to it -- March 2020. The real estate market completely shut down that month, and as a result this is the first month in a long time where home inventories are up 11% vs. that time period but still at record lows. Pricing continued its upward march, with the median sold price up 17.3% and average active price up 18% vs. the same time last year.
https://i2.wp.com/www.thomashenthorne.com/wp-content/uploads/2021/03/Feb-2021-Market-Report-3-1.jpg?fit=940%2C788&ssl=1 788 940 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2021-03-19 08:18:342021-03-19 08:41:51Marin County Real Estate Market Report March 2021 | Trends & Market News
In February we saw a continuation of low inventories and higher pricing, with the median price up 25% vs. the same time last year to $1.55 million. The number of homes for sale was down 37% while days on market were down 35%. It’s a familiar refrain with fewer homes for sale commanding ever-higher sales prices. Read more here.
https://i2.wp.com/www.thomashenthorne.com/wp-content/uploads/2021/02/Feb-2021-Market-Report-1.jpg?fit=940%2C788&ssl=1 788 940 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2021-02-16 09:04:592021-03-15 21:16:20Marin County Real Estate Market Report February 2021 | Trends & Market News
Normally January is a very quiet month in real estate but not this year. We saw the number of homes sold in January 2021 up 52% vs. January 2020, with the median pricing increasing by 20% during the same time period. Home inventories continue to be a challenge, down by 9% against an already low base. Asking prices surged even more, up 32% vs January of last year.
https://i0.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/07/61-Gold-Hill-33-of-83.jpg?fit=1600%2C1066&ssl=1 1066 1600 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2021-01-28 07:18:222021-01-31 14:17:17Six Most Expensive Homes Sold in San Rafael in 2020 | Complete List
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.
https://i2.wp.com/www.thomashenthorne.com/wp-content/uploads/2021/01/Marin-Real-Estate-Market-Report-January-2021-summary-chart.jpg?fit=940%2C788&ssl=1 788 940 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2021-01-12 09:00:032021-01-12 09:00:03Marin County Real Estate Market Report January 2021| Trends & Market News
In December we continued to see significant price appreciation in the Marin real estate market, with the median home price up almost 12% and the supply of homes for sale down 41% compared to the same time last year. The average price per square foot was up to $830, just shy of the record of $835 set in October 2020. Read more here.
https://i0.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/12/325-Upper-Toyon-Ross-most-expensive-home-sold-in-Marin-in-2020-1.jpg?fit=1500%2C842&ssl=1 842 1500 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2021-01-02 09:19:022021-01-31 14:04:55Ten Most Expensive Homes Sold in Marin County in 2020 | Complete List
2020 was indeed a year for the history books. The most expensive home sold in Marin County in 2020 was $15,750,000 and was located in the town of Ross. See the top 10 most expensive homes sold in Marin in 2020 here.
https://i0.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/12/Proposition-19-Marin-County-California-FAQ-article-square-1.jpg?fit=649%2C455&ssl=1 455 649 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2020-12-11 08:48:482020-12-12 07:55:09Proposition 19 Transfer Tax Base When Selling Your Home FAQ | Marin County and California
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.
https://i0.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/12/December-2020-Market-Report-1.png?fit=940%2C788&ssl=1 788 940 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2020-12-09 22:03:292020-12-09 22:03:29Marin County Real Estate Market Report December 2020 | Trends & Market News
In November, we saw a continuation of a multi-year pattern here in Marin County - pricing continues to edge up vs. the same time last year and inventories are down. Overall, the median price increased by almost 15% versus last year to $1.8 million. It seems like only yesterday we passed the million dollar mark and now we are closing in on two million. The number of homes sold in November was up 30% versus November 2019. Read more here.
https://i1.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/10/94-Deer-Park-Ave-San-Rafael-Twilights-08-of-18.jpg?fit=1600%2C1067&ssl=1 1067 1600 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2020-11-13 15:11:542020-11-14 07:37:29Marin County Real Estate Market Report November 2020 | Trends & Market News
October was another busy month in the Marin real estate market, with sales up 19% and the median sold price up 6% vs. the same time last year. The number of homes on the market for sale was down about 15% vs. October of 2019. Towards the end of the month we began to see people take a “wait and see” approach as the election approached, with my website receiving a noticeable drop in traffic. I think everyone was busy watching the election news on TV!
https://i1.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/10/53-Montecito-Rd-San-Rafael-88-of-115-HERO.jpg?fit=1600%2C1067&ssl=1 1067 1600 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2020-10-13 14:49:562020-10-13 14:49:56Marin County Real Estate Market Report October 2020 | Trends & Market News
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.
https://i0.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/09/Marin-Real-Estate-Market-Report-September-2020.png?fit=940%2C788&ssl=1 788 940 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2020-09-17 08:44:282020-09-17 12:51:56Marin County Real Estate Market Report September 2020 | Trends & Market News
In August we saw Marin home sales increase 41.8% vs. August 2019, with the median sold price up a whopping 23.5%. The number of homes sold in August was up 41.8% versus prior year, reflecting the delayed season due to the pandemic as well as the increased demand for homes outside large metropolitan areas. Read more here.
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There’s just one word for the Marin real estate market last month and that word is “WOW!” We saw median pricing increase a whopping 20% vs. July of 2019 while inventories were down 27.2% vs. last year. Homebuyers from San Francisco, looking for the Marin lifestyle, are out in droves. They are looking for swimming pools, large outdoor spaces and walk-to-town when possible, along with the usual requirements of remodeled, move-in ready homes and views. Read more here.
https://i1.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/07/Marin-real-estate-market-report-1.jpg?fit=1249%2C937&ssl=1 937 1249 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2020-07-12 11:29:342020-07-12 11:30:03Marin County Real Estate Market Report July 2020 | Trends & Market News
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.
https://i2.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/05/1926-Oak-Drive-Yountville-19-of-29.jpg?fit=1600%2C1067&ssl=1 1067 1600 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2020-06-11 09:02:172020-06-11 09:02:17Marin County Real Estate Market Report June 2020 | Trends & Market News
In May we saw both pricing and inventories decline. Buyers are out in force, however, and I saw 3 of my own listings go into escrow during the month. Read the complete report here.
https://i0.wp.com/www.thomashenthorne.com/wp-content/uploads/2020/05/Responding-low-offer-on-your-home-pixabay.jpg?fit=1600%2C1200&ssl=1 1200 1600 Thomas Henthorne https://www.thomashenthorne.com/wp-content/uploads/2016/03/logo-1.png Thomas Henthorne2020-05-30 12:29:132020-05-30 12:39:41How to Respond to A Low Offer on Your Home | Real Estate Advice
A low offer on your home may not be the end of the deal but instead can be the beginning of the sale. Read more here about how to respond to a low offer on your home for sale.