Here are the slightly delayed pending rate reports for last month.Â We should have the ones for March before long but in the meantime it’s interesting to look at what happened in February. Other than a few areas with a large proportion of luxury listings, like Kentfield, Belvedere, Tiburon, and Ross, most towns in Marin were humming along, and that activity level has continued so we should see similar numbers for this month.
The pending rate is the percentage of the total listings going into escrow. Fairfax had a rate over 100% due to a couple of off market sales–homes that were not listed but were entered into the MLS for comp purposes.
If you’d like stats for your neighborhood or have questions about what’s happening in the Marin housing market feel free to drop me a line at firstname.lastname@example.org.