Marin Real Estate Market Report

April 2024

In March we saw the Marin real estate market awake from its slumber, with three of the four metrics I discuss in this monthly report in the green. The median sold price jumped 10% vs the same month last year to $1.95 million, while the number of homes for sale was up 15% to 301 on the market. There is now a healthy 2.1 months of supply on the market, up 24% since March 2023.

All the metrics are (finally) starting to move in the right direction for home buyers and sellers, with both pricing and inventory inching up. Whether this is a trend or a blip remains to be seen, but I think with the most recent inflation reports people are realizing that the days of 2% mortgage interest rates are not coming back anytime soon.

I find I am working with more buyers these days than last year at this time, including city dwellers looking to find a slice of paradise in wine country, and young couples moving to Marin to start families. We will live in the best place on earth, and I count myself lucky to live and work in the SF Bay Area.

Price Improvement in Country Club

I just announced a price improvement for 378 Margarita Drive in San Rafael’s Country Club neighborhood last week. It is a spectacular Country Club gated estate offering complete privacy and stunning panoramic views, situated on two acres of very private land. Offered exclusively for $2,750,000 – click here for more information.

I am also working on a great home in the Tam Valley area of Mill Valley which offers a great floor plan, a large back yard and views. This home will be coming on the market later this year.  

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. 

If you have any questions about the market or are considering your next real estate move, please don’t hesitate to reach out. Together, let’s make your real estate goals a reality. Call or text me anytime at 415-847-5584.

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. 

If you have any questions about the market or are considering your next real estate move, please don’t hesitate to reach out. Together, let’s make your real estate goals a reality. Call or text me anytime at 415-847-5584.