Marin Real Estate Market Report

November 2023

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.

My email in-box is filled with “price improvement!” emails, and the top of the market is taking some especially large reductions. However, homes that are priced for today’s market and not the market last year are selling quickly assuming the marketing is also top notch. 

As we enter this season of gratitude, I would like to thank you, my clients and friends, for all the support you have given my business over the years. It truly means the world to me and I think of that every single day. I hope you have a wonderful Thanksgiving.

Just Sold!

I just launched and sold 23 Maplewood Drive in San Rafael’s Glenwood neighborhood. It is a newly-remodeled 4 BR+office / 3 BA home with a gorgeous swimming pool in a flat, fenced backyard that opens up to the park behind the house. Truly a special home, it sold in the first week for $2,050,000, $53,000 over the asking price. 

Last month you may recall that I also launched 40 Rodeo Avenue in Sausalito, which sold in 5 days for $255,000 over the asking price.

I was also thrilled to help my clients purchase 108 McCoy Rd in San Rafael. After some negotiating, they were able to purchase the home for $50,000 under the asking price.  

I also just sold  115 Oak Drive in San Rafael in conjunction with Global Estates. It sold for $1,795,000. A lovely home and I offer my congratulations to the new owners!

How Can I Help?

While the market is shifting, there are many opportunities out there for smart buyers and sellers. Let me help pave the road to success for you!

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.