Market Update -Marin Real Estate

So, what’s happening….

Well I heard this week that a buyer in Southern Marin locked himself in a house with their agent to prevent other buyers from seeing a property while they wrote an offer. Desperate measure? Sure seems like it! Multiple offers are still very common in Marin, yet many properties are sitting on the market. The average days on the market in May (through the 30th) was 58, the median sales price was $1,012,500. 188 properties were sold. The most active price point was between $1,000,000 and $1,750,000. The highest sale in Marin so far in May was $7,950,000. The lowest single family home sold (excludes condos) was $550,000.


# of Home Sales by Area
May 1-May 30, 10:40 am

Belvedere- 0
Corte Madera- 10
Dillon Beach -1
Greenbrae – 4
Inverness -1
Kentfield- 5
Larkspur- 6
Mill Valley- 30
Muir Beach -1
Nicasio- 1
Novato- 40
Ross- 5
San Anselmo- 12
San Geronimo Valley- 5
San Rafael- 40
Sausalito- 5
Stinson Beach -1
Tiburon – 15