Welcome to my October 2019 Marin real estate market report! Before I dive into the report, I want to express my heartfelt condolences to all of those who have been impacted by the Sonoma fires and associated blackouts. It has been a trying week for many in the bay area, and I am thankful that emergency personnel and first responders have been working 24-7 to help all of us through this. Let us hope that the winter rains come soon and help our heroic firefighters. I think most of us are looking at backup generators now!

The September numbers are in and we continue to see home inventories up and pricing slightly down versus last year. September is always a good month to watch as it kicks off the Fall “mini season” which begins just after Labor Day Each Year. This month we saw home inventories up 7.5% versus last year while median pricing was down 3.5%.  Please scroll down to see all the charts and numbers if you are interested.

How is the Marin Real Estate Market?

The market is busy, however, with many buyers and sellers “jumping in.” Several clients have already contacted me about selling next spring, and I have buyers who appreciate the increased inventory versus this time last year.

Those of you who read my report last month may remember that I was just launching 31 Gold Hill Grade at that time. It launched and sold in 12 days to some very happy buyers who are moving to the area from up north. You may want to read more about the preparation and presentation of the home and watch the premiere party video here.

My listing in the prestigious Sea Cliff neighborhood of San Francisco also sold quickly last month. I worked to get it ready for the sellers who live abroad, and am very happy with how the home turned out. Buyers loved the open floor plan and modern kitchen, both of which are rare in historic homes. Click here to see this beautiful home.

The September open houses for 11 Underhill Avenue in Mill Valley were very busy and that home also went into escrow. As I said, it was a busy month!

Coming Soon

Launching in the next week or two is 35 West Seaview Avenue in San Rafael’s coveted Country Club neighborhood. I know this home well and in fact represented it for a different seller in the past. It’s a beautiful gated estate on approximately 2 acres with gorgeous Mt. Tam views. Mostly single level, the home is a stunner and boasts privacy and solitude. Please call me if you would like to hear more about it.

It’s Never Too Early to Talk About Spring 

As I mentioned above, several clients have already spoken with me about launching their homes for sale in the spring. Similarly, buyers have asked me to keep “an eye out” for homes, with target move in dates as late as July 2020. If you are considering a move next year, let’s talk soon about the best strategy.

Let’s Talk!

These monthly Marin County real estate market reports are a great place to start as you learn more about the market. Let’s continue the conversation — I am always happy to discuss the market, and the best way to approach it whether you are a buyer or a seller.

To those who read this report each month, thank you for all your support of my business. I couldn’t do it without you. Call or text me at 415-847-5584 anytime.