Marin Home Sales Continue to Rise
| Trends at a Glance | |||
| (Single-family Homes) | |||
| Mar 08 | Feb 08 | Mar 07 | |
| Median Price: | $905,000 | $932,000 | $1,000,000 |
| Average Price: | $1,192,368 | $1,372,563 | $1,298,712 |
| Home Sales: | 103 | 92 | 173 |
| Sale/List Price Ratio: | 96.7% | 94.7% | 98.8% |
| Days on Market: | 74 | 100 | 79 |
Sales of existing single-family homes rose 12% from February, but were off 40.5% year-over-year. Year-to-date, home sales are off 34.9%.
The median price for single-family, re-sale homes in Marin County fell 2.9% from February, and were off 9.5% year-over-year.
The median price for condos rose 12.1% to $487,500 compared to February, but it was down 19.2%, year-over-year. The average price gained 8.6% to $582,398. Year-over-year, the average price was off 9%. Condo sales were up 18.5% from February, but down 41.8% year-over-year.
If you have any questions or comments please do not hesitate to contact me at rparks@visionrealtors.com.
The sales price to list price ratio for single-family homes rose two points to 96.7%. The condo ratio gained 1.8 points to 98.4%.
The real estate market is very hard to generalize. It is a market made up of many micro markets. For complete information on a particular neighborhood or for an evaluation of your home's worth, call me.
If I can help you devise a strategy, call or click the buying or selling link in the menu to the left.
Monthly Statistics
Complete monthly sales statistics for Marin County are below. Monthly graphs are available for each city in the county.
| March Sales Statistics | ||||||||
| (Single-family Homes) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| Marin | $905,000 | $1,192,368 | 103 | 74 | 96.7% | -9.5% | -8.2% | -40.5% |
| Belvedere | $2,795,000 | $2,795,000 | 2 | 163 | 91.7% | 16.6% | 16.6% | 0.0% |
| Corte Madera | $1,450,000 | $1,499,200 | 5 | 37 | 99.2% | 49.6% | 28.3% | -44.4% |
| Fairfax | $851,300 | $857,460 | 5 | 81 | 98.4% | -6.3% | -16.3% | -30.0% |
| Greenbrae | $1,360,000 | $1,360,000 | 1 | 217 | 90.7% | 5.2% | -7.7% | -87.5% |
| Kentfield | $2,312,500 | $2,312,500 | 2 | 70 | 94.6% | -33.9% | -42.9% | -60.0% |
| Larkspur | $1,370,625 | $1,646,208 | 3 | 35 | 96.8% | 5.4% | 2.3% | -57.1% |
| Mill Valley | $1,150,000 | $1,494,455 | 11 | 38 | 99.5% | -3.7% | 4.1% | -54.2% |
| Novato | $730,000 | $794,917 | 36 | 104 | 95.9% | -4.5% | -8.8% | -2.7% |
| Ross | $2,800,000 | $2,800,000 | 1 | 15 | 107.9% | 38.1% | 38.1% | -50.0% |
| San Anselmo | $660,000 | $879,000 | 5 | 108 | 96.7% | -20.7% | -17.4% | -37.5% |
| San Rafael | $852,000 | $1,018,524 | 21 | 57 | 96.6% | -3.5% | -3.1% | -47.5% |
| Sausalito | $1,102,500 | $1,102,500 | 2 | 25 | 96.9% | -13.5% | -29.6% | -60.0% |
| Tiburon | $2,147,500 | $2,611,167 | 6 | 54 | 95.4% | 19.3% | 25.7% | -50.0% |
| March Sales Statistics | ||||||||
| (Condos/Townhomes) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| Marin | $487,500 | $582,398 | 32 | 98 | 98.4% | -19.2% | -9.0% | -41.8% |
| Corte Madera | $605,000 | $605,000 | 1 | 61 | 99.2% | -4.7% | -4.7% | 0.0% |
| Greenbrae | $580,000 | $580,000 | 2 | 169 | 98.0% | 11.5% | -5.2% | -60.0% |
| Mill Valley | $730,000 | $953,800 | 5 | 98 | 98.8% | -3.8% | -1.5% | 0.0% |
| Novato | $361,000 | $361,175 | 10 | 111 | 97.0% | -16.4% | -21.5% | 42.9% |
| San Rafael | $415,000 | $472,143 | 7 | 93 | 97.8% | -35.1% | -23.8% | -63.2% |
| Sausalito | $770,000 | $770,000 | 2 | 115 | 98.5% | 20.3% | 26.8% | -81.8% |
| Tiburon | $845,000 | $920,333 | 3 | 26 | 101.7% | 12.7% | -3.3% | 0.0% |