Marin County Real Estate Market Report
April 2026
2395 Sobre Vista Road in Sonoma: Just Listed!
April 2026 Marin Real Estate Market Report: 4 Key Takeaways
- Demand Strengthened Meaningfully In March. Closed sales rose to 150, up 11.1% from a year ago, while pending sales increased to 237, a 9.2% gain. That is a constructive signal heading into the heart of the spring market.
- Inventory Improved, But Marin Is Still Not Oversupplied. Active listings climbed to 414 in March, up 4.8% year over year, and months of inventory rose to 2.8. Buyers have more choice than they did earlier this winter, but supply remains relatively limited.
- Prices Continued To Show Resilience. The median sold price reached $1.5 million in March, up 1.8% from March 2025. Average sold price rose 5.5% year over year, and average sold price per square foot increased 1.8% to $883.
- Buyers Are Active, But They Are Still Selective. Average days on market fell to 34 in March, down from 62 in February, while homes sold at 100% of original list price on average. Well-positioned homes are drawing attention, but buyers are evaluating choices carefully.
Here’s the Latest Update on the Marin County Real Estate Market
March brought a welcome improvement in overall market activity. Sales moved higher, pending activity increased, and average days on market dropped sharply from the prior month. Those are the kinds of indicators that suggest buyers re-engaged as spring inventory began to come online.
Inventory is rising, but not to the point of oversupply. With 414 homes for sale and 2.8 months of inventory in March, buyers have more options than they did during the tighter winter market. Even so, this still looks like a market where quality inventory remains limited enough to support values, especially in the most desirable neighborhoods and price categories.
Pricing remains steady. Marin’s median sold price reached $1.5 million in March, up 1.8% year over year, and the average sold price increased 5.5%. That does not mean every listing is moving quickly or every seller holds the same leverage. It does mean that buyers are continuing to pay for homes that feel aligned with the market in terms of presentation, pricing, and overall value.
Buyer behavior continues to reflect a more discerning market. Buyers are engaged, but they are comparing options, watching pricing closely, and responding more selectively than they would in a more overheated environment.
One of the most interesting broader themes right now is the role of AI-driven wealth in the Bay Area housing market. In Golden Gate Sotheby’s International Realty’s Q1 2026 regional report, the brokerage noted that continued investment in artificial intelligence supported hiring in the inner Bay Area and helped sustain demand in a relatively tight supply environment. That wealth effect is one of the reasons so many people are paying close attention to housing this spring.
Key Year-Over-Year Metrics for Marin County (March 2026 vs. March 2025)
- Median sold price: $1.5 million, up 1.8%
- Average sold price: $1.855 million, up 5.5%
- Average sold price per square foot: $883, up 1.8%
- Homes sold: 150, up 11.1%
- Pending sales: 237, up 9.2%
- Homes for sale: 414, up 4.8%
- Months of inventory: 2.8, up 17%
- Average days on market: 34, down 5.6%
- Sold to original list price ratio: 100%, down 1%
What This Means for Pricing Power
Pricing power still exists in Marin, but it is selective rather than universal.
The March numbers support that view. Sales rose, pendings improved, and prices held firm. At the same time, inventory also expanded, giving buyers more room to compare opportunities. That creates a market where strong results are still very possible, but they depend on the right combination of pricing, presentation, location, and property type.
For sellers, that is an important distinction. A well-prepared home absolutely has an advantage, but the market is not rewarding every listing equally or immediately. Some homes are moving quickly, while others are taking more time despite strong presentation. Today’s buyers are engaged, but they are also deliberate.
For buyers, this is a more balanced market than the tightest periods of the past few years. There is still competition for standout properties, yet there is also more ability to be selective, negotiate, and wait for the right fit when a home feels misaligned on price or positioning.
Supply And Demand Heading Into Spring
The spring market is clearly gaining momentum.
March showed a meaningful increase in supply from February, and pending sales also rose sharply month over month. That combination usually points to a market that is opening up rather than slowing down. Buyers appear willing to act, but they are doing so in a more measured way than during the most frenzied pandemic-era conditions.
Even with more homes available, 2.8 months of inventory is still not a loose market. Marin remains supply-constrained in many of its most sought-after neighborhoods, particularly where lifestyle, architecture, views, privacy, and proximity all converge. If new inventory does not expand more meaningfully, that could continue to support pricing through late spring and early summer.
Real Estate News Nationally
Nationally, housing remains shaped by two competing forces: affordability pressure on one side and limited inventory on the other.
Mortgage rates continue to weigh most heavily on first-time and mid-market buyers, while higher-equity and cash-oriented buyers remain more insulated. That dynamic helps explain why many upper-end markets are still showing resilience even when broader activity feels uneven.
For sellers and buyers alike, the national backdrop matters, but local inventory, local wealth, and local demand continue to drive outcomes much more directly here in Marin.
Greater Bay Area Context
The broader Bay Area context remains highly relevant to Marin.
In its Q1 2026 regional report, Golden Gate Sotheby’s International Realty said the Bay Area housing market strengthened in the first quarter as activity accelerated into the spring buying season. The report pointed to lower mortgage rates earlier in the year, continued investment in artificial intelligence, and wealth gains that helped drive buyers into a relatively limited number of homes for sale.
The same report also noted that Bay Area population estimates showed nearly 13,000 additional residents in 2025, marking the third consecutive year of growth, with the largest gains in San Francisco, San Mateo, and Santa Clara counties.
That matters in Marin because this county often benefits from broader Bay Area confidence, especially when affluent buyers are seeking a mix of lifestyle, privacy, architecture, and access to San Francisco.
Bay Area Real Estate News
The Bay Area’s most compelling real estate storyline this spring may be the return of AI money as a real market force.
Golden Gate Sotheby’s International Realty’s Q1 report notes that continued investment in artificial intelligence supported hiring in the inner Bay Area counties and that AI-related demand was especially visible on the Peninsula and in Silicon Valley. The report also said that while stock market volatility may temper some luxury demand, the AI boom has been offsetting that pressure in many desirable higher-end neighborhoods.
That does not mean every Bay Area market behaves the same way. The report described the region as geographically bifurcated, with stronger performance in the inner Bay Area and more mixed conditions elsewhere. Still, the concentration of demand around a relatively limited number of quality homes remains an important theme, and it is one reason so many buyers and sellers are watching this market so closely.
In My World
I am working with several buyers who are excited about new inventory coming online, and I am preparing several listings for launch.
My current featured offerings span a wide range of lifestyles and price points. In Marin, 31 Gold Hill Grade offers a gated modern farmhouse estate setting with resort-style outdoor living, while 159 Terrace Avenue presents a more accessible San Rafael opportunity. 26 Mooring Road in San Rafael is a turnkey luxury waterfront retreat with private dock.
In Wine Country, 1882 Mulberry Street is a rare Yountville offering with an exceptional walk-to-everything location, and 2395 Sobre Vista Road is a Sonoma view estate with mid-century architecture and exciting potential.
I also have an incredible estate in San Anselmo coming toward the end of May. It is a special property on approximately four acres with a pool, Mt. Tam views, a guest house, and the kind of scale and setting that rarely comes to market. Stay tuned — there is more to come.
Looking Forward
The April market report points to a spring market that is improving rather than fading. Demand strengthened in March, inventory expanded, and pricing remained firm. That is a healthy combination, even if the market is more selective than it may appear at first glance.
The big question over the next several weeks is whether the broader Bay Area wealth effect, including confidence tied to AI-related growth, continues to support upper-end demand while rates remain elevated. If it does, Marin should remain well positioned, especially in the lifestyle and luxury segments that define so much of this market.
At the same time, this remains a market where execution matters. Sellers will still need thoughtful positioning, and buyers will still need to act decisively when the right property comes along.
How Can I Help?
I’m always happy to talk about the Marin County real estate market. Call or text me at 415-847-5584 for a personalized report for your home and neighborhood, or to discuss the best strategy for making your dream home a reality.
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From the Golden Gate Sotheby’s Bay Area Market Report…
STRONG HOUSING MARKET POISED FOR SPRING
The regional housing market strengthened in the first quarter, as activity accelerated into the spring buying season. Lower mortgage rates early in the year unlocked some potential buyers while wealth gains drove purchasers into a more limited number of SF Bay Area homes for sale. This dynamic was especially prevalent in prime neighborhoods in San Francisco and Silicon Valley.
The regional economy continued its slow gains and the SF Bay Area also benefitted from continued investment in artificial intelligence, which supported hiring in the inner SF Bay Area counties. Recently released population estimates highlighted that the region continued to attract new residents, despite the more restrictive immigration environment. The SF Bay Area added nearly 13,000 residents in 2025, marking the third consecutive year of growth. The largest gains were in San Francisco, San Mateo and Santa Clara counties.

INVENTORY VARIES ACROSS REGION
Even as sellers started to list homes in advance of the spring buying season, the number of homes on the market was lower than last year. There were roughly 6,300 homes on the market at the end of March, 6% less than the previous March. A significant part of this decrease was the rapid tightening in San Francisco as a result of strong buying activity; active listings decreased by 35% year-over-year.
Inventory also tightened by more than 5% in the East Bay and Marin County. Meanwhile, inventory increased by 3% in San Mateo and Santa Clara counties as sellers brought homes to market amid near-record prices and strong buyer activity across price ranges. More homes also came onto the market in Napa County, with an 8% increase year-over-year.
Tight inventory constrained sales in San Francisco, but elsewhere in the SF Bay Area sales activity increased. Overall, closed sales remained at the same pace as last year. Sales in San Francisco decreased by 9.7%, largely because so few homes were on the market. Similarly, the number of closed sales in Alameda County decreased by 5.7%.
Highlighting the strong demand for housing on the Peninsula and Silicon Valley, reflecting demand from households in the AI sector, the number of sales increased by 8.5% in San Mateo County and 3% in Santa Clara County. The largest increase in sales activity was in Santa Cruz County, where the number of closed sales increased by 13.5% year-over-year. Increases at either end of the price spectrum also supported a 6.3% increase in sales in Napa.

HIGH END HOMES DRIVE SALES INCREASE
Demand for luxury homes continued to bolster sales activity. At the same time, the decrease in mortgage rates through February resulted in greater affordability, especially for buyers of homes in the lowest price range. The number of homes sold for less than $750,000 increased by 5% year-over-year in the first quarter. Most of these sales were in Contra Costa and Solano counties.
On the other hand, sales of homes priced more than $2.5 million increased by 10%. Sales in this price range increased by more than 30% year-over-year in San Francisco, more than half of which were sales of more than $3.5 million. Conversely, fewer homes sold for between $750,000 and $2.5 million.
Despite some of the economic headwinds, SF Bay Area housing demand remains very strong, with most homes selling for more than asking and relatively quickly. However, the market continues to be bifurcated geographically. In San Francisco, homes sold in less than three weeks on average during the first quarter, nearly twice as fast as the region as a whole. Furthermore, nearly 80% of homes sold over the list price with an average differential of 25%. The trend was similar in Alameda, San Mateo and Santa Clara counties.
Meanwhile, homes in Napa, Solano and Sonoma counties sold at a slower pace than the inner SF Bay Area on average with less than 30% of homes selling for more than the list price. The strong demand for housing in the SF Bay Area, combined with a limited number of homes for sale, put further upward pressure on the median sales price in most counties. However, at the current price level, affordability remains the primary constraint for households and price growth was somewhat slower than expected.
The SF Bay Area median sales price increased by 0.9% year-over-year to $1.30 million. Prices increased most rapidly in San Francisco, where the median sales price of $1.975 million was 21.7% greater than last year. The median sales price also increased by 5% in San Mateo County to $2.10 million. The median sales price decreased by less than 5% in Contra Costa, Napa and Solano counties. The median price was largely unchanged from last year in the remaining counties.
LOOKING AHEAD
Bifurcation among the counties persisted in the first quarter of 2026, with the strongest performance in the inner SF Bay Area counties. However, the conflict in Iran and stock market volatility will cause some buyers and sellers to be more cautious heading into the summer months.
Additionally, rising mortgage rates in the near term will cause some potential buyers to shelve plans while others contemplate adjustable-rate mortgages. The increase in rates will have the most impact on buyers in the low to middle price ranges. While general stock market volatility will dampen some higher-end home purchases, the AI boom is more than offsetting this trend in many desirable neighborhoods. Overall, the demand pool remains concentrated on a relatively limited number of homes for sale, which should support further price gains through the remainder of the spring buying season.
What My Clients Are Saying…
Marin Real Estate Market Stats
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.
About the Author
Thomas Henthorne is consistently top-ranked, award-winning real estate agent in Marin, helping people buy and sell homes for almost a decade. He writes the #1 real estate blog in Marin County and is a frequent speaker on panels at industry gatherings.
He may be reached at 415-847-5584.
Marin County Real Estate Markets Covered in This Report: Belvedere | Corte Madera | Fairfax | Greenbrae | Kentfield | Larkspur | Mill Valley | Novato | Ross | San Anselmo | San Rafael | Sausalito | Stinson Beach | Tiburon





















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