Archive for category: Market Reports

February saw Marin County home prices resume their upward climb, with median home prices up about 14% versus the prior year. It looks like it will be a very busy spring season with three of my listings going into escrow in the first 10 days of March. Read my complete March Marin County Real Estate Market Report here, and call me at 415-847-5584 if you would like to discuss.

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.

August is traditionally a sleepy month in the Marin real estate market and August of 2018 did not disappoint. New listings decreased 39.4% versus the same month last year. Read the full report here.

Welcome to my June 2018 Marin County Real Estate Market Report! The days are getting longer and the busy spring market that began later than usual is continuing into summer. The median sold price crept up another 2.8% from the prior month, up 7.5% from the prior year. We saw the highest price per square foot sold in 14 months at $732 a square foot. The upward pricing trend continues!

Welcome to my March 2018 Marin County Real Estate Market Report! Spring is right around the corner and with that the big season for Marin home buyers and sellers. We are seeing more inventory coming on the market every day after a sleepier-than-usual February that saw fewer sales than the same month in 2017.