Skip To Content

    Marin County Real Estate Market Tracker

    Zephyr MarketTracker Zephyr
    Median Sales Price
    Avg. Days on Market
    # Homes Sold
    % List Price Received
    The Truth About Statistics

    Mark Twain is famously credited with saying, “There are liars, damn liars, and then there are statistics.” Statistics tell the truth in a world of conjecture. In this publication, we examine annual sales numbers, historical data, and current listing and sales information in hopes of better understanding a complicated marketplace.

    Let’s Look at the Numbers

    Since 2013, the median sales price (MSP) of single family homes has increased by 59.52%. The MSP of condos has shot up 72.66%. In examining the year over year analysis, we can see some variation in appreciation from year to year. In 2017, appreciation really zoomed (up 15.5%). If you’ve been thinking of selling, now might be a good time to take advantage of last year’s gains.

    Another reason you might consider selling is the continued lack of inventory. In 2017, pending sales of condos and single family homes exceeded the number of new listings. In fact, in the last quarter of the year, the percentage of pending sales to new listings of single family homes averaged 169%. This is equivalent to selling out the total inventory.

    Trends Worth a Look

    The following charts show a city by city breakdown of new listings, pending sales and current median sales price. Take a look at your area, or see which cities are attracting the attention of buyers.

    Note: While Northern and Southern Marin have dissimilar single family home MSP, the appreciation rates are almost identical.

    All Marin
    Sold for $1,800,000
    205 Richardson Drive, Mill Valley
    4BR // 3BA // Listed for $1,775,000
    Sold for $890,000
    40 Hacienda Court, San Rafael
    3BR // 1BA // Listed for $849,000
    Sold for $210,000
    100 Thorndale Drive, San Rafael
    1BR // 1BA // Listed for $225,000
    Sold for $571,000
    229 Escallonia Drive, Novato
    2BR // 1.1BA // Listed for $559,000

    Newest Listings »

    Recent Sales »

    Happenings Around the Bay
    Feel like a kid again! Guerrilla group SwingBombSF has covertly put up 50 swings all across the city, and the delight is sweeping through the neighborhoods. Get in on the fun while they last. Read More »»
    With nine national parks from the Sierras to the seaside and the unseasonably clear weather, colder months a great time to explore these 30 California winter adventures. Read More »»
    Though we’re still more than a year out from completion, the future home of the Golden State Warriors is finally starting to take shape. Check out the progress of the new Chase Center. Read More »»
    David O'Brien
    Broker Associate GRI
    LIC# 01832087
    Source: San Francisco Association of REALTORS® MLS (SFAR MLS). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

    Trackback from your site.

    Leave a Reply