The best place for Marin County home buyers and sellers to learn the ins and outs of the residential real estate market from our team of top ranked realtors and local natives.
As the real estate industry continues to change, we are dedicated to helping our community of homeowners, buyers and sellers safely work through the ongoing coronavirus pandemic. The data below will help keep you updated on market activity. Changing regulations are impacting our strategies to safely, legally and successfully sell homes during this time and we are continuing to guide our clients to succeed in this market while minimizing risk.
Read MoreToday we’re facing two very large, uncertain forces – the coronavirus and the stock market. We can’t halt the global spread of infectious disease or dictate the direction of the Dow, but can we can offer thoughtful guidance to our clients to make wise decisions in a changing environment.
Read MoreGenerally speaking, after years of high appreciation rates, annual 2019 Bay Area median home prices basically remained unchanged as compared to 2018. Marin is one of the markets that ticked down, though the message is more mixed when looking at individual city price trends.
For 2020, economist Ken Rosen at UC Berkeley has said he expects the Bay Area median price to remain flat, within a general range of up or down 2% - in other words, similar to what happened last year. We can’t predict the future, but that doesn’t sound unreasonable, and happily avoids the sensationalism of many other media-grabbing forecasts.
Read MoreHome sales activity in Marin County in the second quarter picked up solidly compared to the challenging start to the year. And while overall sales still trended slightly below last year’s second quarter, sales of homes priced above $2 million saw a stronger rebound finally falling in line with last year’s sales.
Read MoreAs in most of the Bay Area, first quarter housing market activity in Marin remained challenging, leading to fewer overall sales compared to last year. However, most of the decline in sales came from homes priced above $3 million, while lower priced homes fared relatively better than in most of the other Bay Area regions.
Read MoreWhile 2018 home sales activity in Marin County generally maintained a steady momentum, the pace of sales slowed in the fourth quarter, with most price ranges posting fewer transactions than at the same time last year. However, sales of homes priced between $2 million and $3 million posted a solid gain compared with the fourth quarter of last year.
Read MoreThird-quarter housing market activity in Marin County struck a new balance between buyers and sellers following a period of strong buyer competition and depleted inventories. Sales of homes priced below $1 million slowed notably, as budget-conscious buyers faced higher mortgage rates and a shortage of homes for sale. As a result, sellers were more likely to reduce their initial asking prices than at the same time last year.
Read MoreA lack of homes for sale continued to drive Golden State prices in June, with the nine-county Bay Area posting double-digit percent annual appreciation for the 12th straight month.
Read MoreSecond-quarter home sales activity in Marin County mostly reflected typical trends observed in the previous few years. Nevertheless, sales of homes priced higher than $3 million started off slightly slower before catching up toward the end of the quarter. The strongest demand was for homes priced between $1 million and $3 million.
Read MoreAmerica has been disrupted, to say the least. But for a state that is a cradle of disruption, the only thing Californians can do is embrace the challenge. With Donald Trump elected the next President of the United States, the ensuing years will be something of a conundrum, and the future depends on how many of Trump’s campaign stances become actual policies.
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