November 2025 Marin County Real Estate Market Report

Marin County Market Overview: A Complex but Resilient Fall

October brought a noticeable shift in Marin County’s housing metrics, reflecting both seasonal patterns and evolving buyer behavior. Inventory continued to run high, with 505 homes for sale, up 7.4 percent year-over-year, giving buyers more options than we’ve seen in the last several fall markets. Homes spent an average of 50 days on market, nearly identical to last year’s 49, indicating that well-positioned and well-priced homes still attract strong attention even in a more balanced environment.

The most striking number in the October data is the median sold price, which came in 10.3 percent lower year-over-year. While that may appear dramatic, it’s important to understand what’s behind it. Both average sold price (up 1.3 percent) and price per square foot (up 2.8 percent) increased year-over-year, and the Bay Area regional report—which evaluates single-family homes only—shows Marin’s median nearly flat (down 0.3 percent) for the same period. This combination strongly suggests a shift in the mix of homes sold in October rather than any widespread decline in property values. Simply put, more sales occurred at lower and mid-tier price points this October compared to last, while higher-end activity was concentrated earlier in the year.

On the demand side, the number of homes sold dipped slightly (down 1.3 percent year-over-year), but pending sales surged 23.8 percent, reflecting renewed buyer engagement heading into the holiday season. Months of inventory rose to 3.1, up 9.6 percent year-over-year, signaling a market that remains balanced with a slight tilt toward buyers—yet still stable enough for sellers who prepare and price strategically.

Overall, the fall market continues to show resilience, even as broader economic uncertainties play out. The fundamentals remain solid: buyers are active, inventory is healthy, and well-presented homes continue to achieve excellent results.

Broader Context: Rates, Market Volatility, and Bay Area Tech Momentum

The broader economic environment this fall continues to evolve in ways that influence buyer behavior and confidence. Mortgage rates have eased slightly following the Federal Reserve’s first rate cut in nearly two years, with the average 30-year fixed rate now in the low 6 percent range. While still higher than the unusually low rates of the past decade, these levels are far from the peaks seen in the early 2000s and nowhere near the double-digit borrowing costs of the 1980s. The recent decline has helped some buyers re-enter the market and improved overall affordability compared to earlier this year.

Financial markets have been unsettled in recent weeks, with stocks experiencing sharp swings as investors react to mixed earnings guidance and shifting expectations about future monetary policy. Inflation continues to trend gradually downward, and while the timing of any additional rate cuts remains uncertain, the general direction is toward a more accommodating environment in 2026.

In the Bay Area, the tech sector continues to show resilience. Hiring has strengthened in artificial intelligence, cybersecurity, cloud computing, and data infrastructure, and venture capital investment in AI remains exceptionally strong. Early signs of the IPO window reopening have added liquidity for certain buyer segments, particularly those connected to high-growth firms. These trends are beginning to influence the housing market in San Francisco and Silicon Valley and tend to reach Marin with a modest lag.

This Month’s Headlines

• Mortgage rates eased into the low 6 percent range after the Federal Reserve delivered its first rate cut in almost two years.
• Inflation continued to moderate, giving the Fed room to adopt a more accommodative stance in 2026 depending on economic conditions
• Stock markets experienced significant volatility as investors reacted to shifting guidance and global uncertainty.
• Venture capital investment in artificial intelligence and related technologies remained strong, with the Bay Area continuing to attract a major share of national funding.
• Tech hiring expanded in AI, cloud computing, and data roles, supporting buyer activity across the region.
• Early signs of the IPO window reopening improved liquidity for certain buyer groups, especially those in San Francisco and Silicon Valley.
• Marin’s inventory remained higher than last year, offering buyers more choice as we head into the holiday season.

Featured Sales in My World

This fall has been an active and rewarding season across Marin and the broader Bay Area. Several notable sales closed in October and early November, reflecting strong buyer engagement even as inventory remains elevated. 

In San Rafael’s Gerstle Park neighborhood, 260 Clorinda Avenue sold for $1,825,000, closing $100,000 over asking. Nearby, 102 Clorinda Avenue closed at $1,455,000. In Belvedere, my listing at 11 Crest Road sold for $4,350,000, and my San Francisco listing at 739 10th Avenue previously sold for $780,000 over asking in just one week. Today, 1245 Sobre Vista Drive in Sonoma went into escrow after attracting significant interest.

For those seeking something off-market, 16 Sunny Drive in San Anselmo remains available and offers a rare combination of charm, privacy, and proximity to downtown. And while the year may be winding down, it is never too early to begin planning a spring 2026 listing. Many of my most successful sales begin months in advance with thoughtful preparation, strategic updates, and careful timing.

A Season of Gratitude

As we move into November and the season of gratitude, I want to take a moment to thank my clients, neighbors, and community for your continued trust and support. This is one of my favorite times of year—not just for the crisp fall weather and gatherings with family and friends, but because it offers a chance to reflect on the relationships that make my work so meaningful. Every home I help sell, prepare for the market, or privately position off-MLS represents a partnership built on confidence and collaboration, and I am deeply grateful for that.

To everyone who has trusted me with your home sale or purchase this year, thank you. And if you’re beginning to think about listing your home in the spring, it is never too early to start the conversation. Fall and early winter are ideal times to plan strategy, updates, staging, photography, and timing for a successful 2026 launch.

How Can I Help?

Marin County continues to offer a compelling combination of lifestyle, location, and value. I am 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 real estate goals a reality.