Marin County Real Estate Market Report
December 2021

Marin Real Estate Market Report December 2021 chart

Happy Holidays!!!

Marin County Real Estate Market Report

December 2021

We saw a more normal seasonal pattern in November, with the number of homes for sale down significantly compared to earlier in the year as well as to last November. The median home price was up 11% vs. last year at this time to $1.57 million. Inventories are very low with just two weeks’ of inventory given the current rate of sales.

Typically the market goes into sem-hibernation during the December holidays, but last year was an exception as COVID-19 delayed the start of the market. I was closing deals all the way through New Year’s Eve – and grateful for the business. 

Federal Reserve Poised to Raise Interest Rates

It sounds like we will see increasing home mortgage rates in 2022 given the improving unemployment numbers and the concerning inflation. 

According to this CBS Marketwatch article, “The highest U.S inflation rate in nearly 40 years seen in Friday’s November CPI data, will prompt the Federal Reserve to begin raising its benchmark short-term interest rate sooner and higher than previously appeared to be the plan….Fed officials have been caught off guard by the pace of the acceleration in inflation and are staring at the risk of persistent price gains, said Josh Shapiro, chief U.S. economist at MFR Inc, in an interview.”

If you have not refinanced your mortgage, this may be a good time to look into it.

What’s Happening In My World

As I reflect upon 2021, it is with a sense of gratitude that I look at this past year, and a sense of excitement as we begin a new year. I was so very fortunate to represent some of the finest properties in Marin County this year, and work with the best clients. 2021 was my strongest year ever and I am eternally grateful to all of you for your continued support and referrals.

My duplex listing in San Rafael went into escrow quickly with a backup offer in place. I am working with a number of sellers to help prepare their homes for the spring season. Believe it or not, it’s not too early to begin thinking of the spring market. Whether you are buying or selling, let’s discuss the best strategies to set you up for success in what promises to be another competitive year in Marin county real estate.

How Can I Help?

These market reports are a great place to start, but let’s continue the conversation. I am always happy to discuss the market and the best way to approach buying or selling a home in Marin County or the greater Bay Area. Call or text me anytime at 415-847-5584.

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From the Golden Gate Sotheby’s Market Report…


The housing market bucked typical seasonal patterns and strengthened into late fall. Even as buyer demand remained elevated, the volume of home sales slowed as a result of limited inventory. 

Regional sales volume decreased by nearly 5% to approximately 5,200 homes in November. Despite the drop from the previous month, sales volume remained greater than one year ago.

Closed sales slowed the most in Marin and Solano counties, where the monthly tally fell by double digits. In fact, Marin was the only county where sales were lower than November 2020. Sales in Contra Costa County increased slightly, by 2%, from October. In Alameda County, sales slowed in the lower half of the pricing spectrum.

Conversely, in neighboring Contra Costa County, sales of homes priced less than $1 million

accelerated in November, highlighting the shift of households seeking more affordable options to inland neighborhoods.


The lack of housing inventory remains the greatest constraint for buyers throughout the

region. At the current pace of sales, existing for- sale inventory would be absorbed in a little more than two weeks. While higher home values will continue to prompt some owners to list houses for sale, pent-up buyer demand will outweigh these new listings. 

With little housing supply on the horizon, pricing should continue to increase and the SF Bay Area will remain the most expensive housing market in the nation. The potential for mortgage rates to increase in the coming year is high, which may prompt some sidelined buyers to return to the market even as intense competition and ever-increasing prices fosters some buyer fatigue. The strengthening economy will also boost buyer confidence, potentially leading to new heights for the SF Bay Area housing market in the new year.

Please click here to read the full report.

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Marin Real Estate Market Stats

November marin real estate market report home prices by town chart
marin real estate market trends charts

Marin County Real Estate Market Report Charts

(click any slide to enlarge & launch slideshow)

“For Sale” vs. Sold Home Prices vs. Median Home Prices

Marin home prices chart December 2021

Marin Home Prices List Price vs. Sold

Marin Real Estate Market Report December 2021 days on market chart

Marin County Months of Inventory Based on Closed Sales

Marin Real Estate Market Report December 2021 months of inventory chart

Average Price Per Square Foot

Marin Real Estate Market Report December 2021 price per square foot chart

Marin County Number of Homes on the Market

Marin Real Estate Market Report December 2021 number of homes for sale chart

I hope you have found my Marin County Real Estate Market Report informative. Please feel free to add your comments, questions or suggestions in the comments section below. If I may be of any assistance in helping you attain your real estate goals, please call or text me at 415-847-5584 and I will be in touch right away.

Would you like to see this data for your town only?

I am also excited to announce that my website now has new real estate market reports by town with more coming soon. Please check these out:

Belvedere Real Estate Market Report

Corte Madera Real Estate Market Report

Fairfax Real Estate Market Report

Kentfield Real Estate Market Report

Larkspur Real Estate Market Report

Mill Valley Real Estate Market Report

Novato Real Estate Market Report

San Anselmo Real Estate Market Report

San Rafael Real Estate Market Report

Tiburon Real Estate Market Report

These are all accessible from the “Market Reports” menu item here on my website at any time.

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