Thomas Henthorne Marin Real Estate Blog Cover Photo

Welcome 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…
May 2024 Marin real estate market report graphic
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Monthly Marin County Real Estate Market Report May 2024

In April we saw the number of homes for sale in Marin increase 32% vs. the same month last year, while the median price dipped 6% to $1.89 million. Based on my own observations as well as speaking to other top agents in Marin County, the Marin real estate market appears to be returning to normalcy after 18 months of low inventory and stagnating pricing.
April 2024 Marin real estate market report
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Monthly Marin County Real Estate Market Report April 2024

In March we saw the Marin real estate market awake from its slumber, with three of the four metrics I discuss in this monthly report in the green. The median sold price jumped 10% vs the same month last year to $1.95 million, while the number of homes for sale was up 15% to 301 on the market. There is now a healthy 2.1 months of supply on the market, up 24% since March 2023.
Marin County Real Estate Market Report March 2024 graphic
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Marin County Real Estate Market Report March 2024

In February we saw all of our metrics move up, with the median sold price up 20% vs. the same time last year to $1.44 million. The great news is that we also saw 20% more homes on the market, with 248 on in February. The days on market also moved up 20% to 61 days, likely reflecting the impact the rains and higher interest rates have had on buyers, some of whom are on the sidelines.
Marin real estate market report February 2024 infographic
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Marin County Real Estate Market Report February 2024

In January, we saw almost all of the real estate market indicators down, with the median sold price down 1.5% to $1.47 million vs. January 2023, and months of supply down a whopping 30%. There just is not enough inventory out there to satisfy the needs of those who want to live in one of the most beautiful places on the planet.
January 2024 Marin county real estate market report update
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Marin County Real Estate Market Report January 2024

Home prices in Marin county resumed their upward march with the median home price up 5% to $1.35 million. Days on market were up to 53. Read my full Marin real estate market update here.
Marin Real Estate Market report December 2023 chart
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Marin County Real Estate Market Report December 2023 | Latest News

We are ending the year with some good news - the median sold price increased 6% in November 2023 compared to November 2022, while the days on market decreased. Read my full report here.
Marin Real Estate Market report November 2023
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Marin County Real Estate Market Report November 2023 | Latest News

The median sold home price declined 7% in October 2023 compared to the same month last year, while days on market increased 3% to 35 days. More sellers are sitting on the sidelines, with the number of homes for sale 7% compared to the same month last year.
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Marin County Real Estate Market Report October 2023 | Latest News

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.
Marin county real estate market report september 2023 chart
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Marin County Real Estate Market Report September 2023 | Latest News

The Marin County real estate market softened noticeably in August, with the number of homes for sale up vs. the same time last year and the median price down. The median home price declined 7.3% vs. August 2022 to $1,275,000 while days on market, the average time it takes to sell a home, increasing 25% to 50 days, from a low of 20 days in June of 2022. Read more here.
Marin county real estate market report August 2023 cover chart
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Marin County Real Estate Market Report August 2023 | Latest News

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.
July 2023 Marin County Real Estate market report
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Marin County Real Estate Market Report July 2023 | Latest News

In June we saw the market continue to cool versus the same time last year, but the market has picked up considerably compared to earlier in the year. The median home price in Marin County was $1.9 million, down 15% from June 2022, while the number of homes on the market was down 40% compared to the same time period. Well-priced and well-presented homes are still moving quickly, and in some cases they are still seeing multiple offers.. Read more here.
Marin Real Estate Market Report June 2023 stats chart
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Marin County Real Estate Market Report June 2023 | Latest News

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.
Marin County real estate market report May 2023
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Marin County Real Estate Market Report May 2023 | Latest News

In April we saw the market begin to rebound after a long and rainy winter, with about 20% more homes on the market compared to the prior month, and a 22% increase in the median sold price to $1.827 million. However compared to the same time last year, the median was down 8.6% and the number of homes for sale was down 35%, reflecting the continuing the trend we have seen year to date. Read more here.
Marin County Real Estate Market Report April 2023
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Marin County Real Estate Market Report April 2023 | Latest News

The big story in the Marin Real Estate market so far this year is that new listings are down significantly from the same time last year as the median home price continues to decline. In March the median sold price was down 12% to $1.2mm compared to March 2022, while there were only 261 homes on the market, down 45% from the same time period Read more here.
March 2023 Marin County Real Estate Market Report
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Marin County Real Estate Market Report March 2023 | Latest News

The Marin real estate market continued to slow with the median home price down to $1.2mm in February, down 8% compared to February 2022. At the same time, the number of homes on the market is down 50% compared to the same time last year as some sellers wait on the sidelines hoping for a return to the boom market that took off during the early stages of the pandemic. Typically March is the start of the big spring real estate season and instead of a flood of new listings we are seeing just a trickle. Read more here.