Marin Pending Rates for June

Here are the pending rates for Marin towns for June, 2012.  They are calculating them a little differently now, so are actually more accurate that they have been for previous months and the rates will now appear to be lower across the board (no more 135% pending rates for example). I won’t get into the changes in methodology here, as even the old ones are useful as relative activity between the various areas. If you’re curious let me know and I can send you more info. Greenbrae led the charge with a 70% pending rate, with Mill Valley, San Rafael, and Novato coming in as “slight seller” markets. As has been the case for some time, the rates are much stronger in the lower price ranges, as shown in the second chart.