Marin County Real Estate Market Report
May 2020

Just Listed: 272 Fairhills Drive in San Rafael

Welcome to my Marin County real estate market report for May 2020. As the shelter-at-home initiative continues, I wanted to take a moment to acknowledge what a challenging time this is for all of us and wish you all good health. Now to the numbers…

How Was April for the Marin Real Estate Market?

The April real estate numbers tell a tale of a market on “pause” but with some very strong signs of life. The home inventory numbers (homes for sale) are down 43.5% vs. the same time last year, but average days on market decreased by 15%, meaning that the homes that are on the market are selling faster than they were this same time last year when there was more selection for buyers. The median home price in Marin increased by 1% telling us that pricing is holding given the diminished supply.

What I Am Seeing

As the stock market recovers, I am seeing the Marin real estate market recover from the COVID-19 dip. Whether these are temporary or more sustainable recoveries remains to be seen and will depend largely on how re-opening of businesses and workplaces goes. If we see a successful re-opening I would imagine we will continue to see a strong market, but the converse is true if we do not. I will leave that to the experts.

For now we are seeing a very active real estate market, with sellers and buyers both out in force. I am receiving calls daily from buyers who want to find a home, and from sellers who would like to list their homes. Many of my current buyers are from the city and are looking for the space and access to nature that Marin County provides.

Just Listed and Coming Soon!

As I mentioned above, there seems to be much pent-up demand in our market and I am starting to get very busy after the long pause in March and April. Newly launched are:

272 Fairhills Drive in San Rafael – A Gorgeous Mid-Century Modern with Mt. Tam Views & Pool

57 Loring Avenue in Mill Valley – A Newly-Constructed Modern Showplace

35 West Seaview Avenue in San Rafael – Boutique Resort Living on 2+ Acres w/ Mt. Tam Views & Pool

Also watch my website for a beautiful townhouse in Yountville (Napa), with walk-to-everything convenience, low maintenance and a gorgeous backyard living room with outdoor kitchen.

What Are The Current Restrictions on Marin Real Estate?

The restrictions on real estate in Marin County were recently reduced but there are still some restrictions for everyone’s safety:

  • No open houses or broker’s opens are permitted
  • Homes (both occupied and vacant) may now be shown after prospective buyers review disclosures and sign COVID-19 affidavits
  • Seller may not be at home when it is shown
  • All involved in showings must wear personal protective equipment (masks, gloves, etc) and avoid touching anything (railings, doorknobs, etc)
  • Only two buyers plus one agent may attend showings

How Can I Help?

These 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.

2020 Annual Forecast from Wells Fargo

April 2020

“Our forecast for U.S. real GDP growth looks like this over the next few quarters: a modest contraction in Q1, a historically large decline in Q2, followed by a recovery that starts in Q3. Specifically, we look for real GDP growth of -1.2%, -22.3%, 7.2% and 4.8% over the four quarters of 2020. While we expect the rebound to be robust in the second half of the year, it will not be nearly enough to close the output gap that will develop. We have the unemployment rate peaking at 15%-16% in Q2, for example, but only declining to about 8% by year-end. We look for the FOMC to keep the fed funds rate at current levels through at least the end of 2021. Our year-end 2020 forecast for the 10-year Treasury yield remained unchanged at 1.25%. Our 2020 global growth forecast is now -2.7%. This would easily be the biggest contraction in recent memory, as the biggest annual decline during the Great Recession was just 0.1%. The Eurozone will likely experience a recession at least as bad as the United States, and emerging market economies face a slew of challenges, including a strong U.S. dollar, elevated borrowing costs and collapsing commodity prices.”

Now Available

35 West Seaview Avenue | San Rafael

57 Loring Avenue | Mill Valley

Marin Real Estate Market Stats: Full Year 2019

Marin County Real Estate Market Report Dashboards

Marin County Real Estate Dashboard:
Home Prices vs. Same Month Last Year

For sale prices decreased by 3.9%

Average sold prices decreased by 7.5%

The median sold price increased by 0.8%

The average price per square foot sold decreased by 4.7%

All information courtesy of and copyright by BAREIS MLS and TrendGraphix.
Dashboard compiled by Thomas Henthorne, all rights reserved.

Marin County Real Estate Dashboard:
Inventory Compared to Same Month Last Year

Number of homes for sale decreased by 43.5%

Number of homes sold decreased by 61.2%

Months of inventory increased by 43.9%

The average days on market decreased by 14.9%

All information courtesy of and copyright by BAREIS MLS and TrendGraphix.
Dashboard compiled by Thomas Henthorne, all rights reserved.

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 List Price vs. Sold

Marin County Months of Inventory Based on Closed Sales

Average Price Per Square Foot

Marin County Number of Homes on the Market

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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