Marin County’s $2 million to $4 million luxury home market saw a slight rise in the number of homes for sale this past month with 127 active listings, compared to 124 homes last month. This mild rise in inventory was accompanied by a strong month of sales–25 homes sold (the same number of luxury homes closed in April 2008). Worth noting here is… read more →
Marin County, California, was the ONLY county in the entire Bay Area to have a year-over-year increase in median price last month (prices were up 5.8%) according to DataQuick which surveys all recorded sales. The numbers for the HWY 101 corridor covered by this update are pretty amazing–the average price for single… read more →
While much of Marin experiences a seasonal indolence this time of year (a.k.a. the Summer selling season), Mill Valley’s sales numbers continue to skirt the stratosphere. What can I say? Mill Valley can stand up toe-to-toe with any micro-market one can point to. As noted in my reports over the years, Mill Valley is simply one of the most desirable and highly… read more →
For the past three months, San Rafael real estate has shown impressive strength. In terms of sales, from entry level homes (under $800,000) all the way up through the semi-luxury segment (homes priced between $1 million and $1.5 million), buyers are taking the plunge–almost 30% of homes are in escrow in the entry level segment (for… read more →
As noted in this report last month, the Novato (Marin County, California) real estate market continues to show signs of increased health and vitality. While the number of active listings remains high, buyers are really beginning to get in there and write offers in the hopes of tapping into the aggressive pricing embraced by sellers. Indeed, there… read more →
Marin County is blessed. Great weather. Low crime. Close to San Francisco. No bridge traffic. A couple hours from Tahoe. A short flight to Hawaii or Mexico. Hiking, biking, jogging, fishing, swimming and surfing. Virtually unlimited group sports, unbelievable parks, and dedicated open space at every turn. Hippies and yuppies living in harmony. But,… read more →
With the diminishing relative strength of U.S. currency, more and more foreign investors are looking into buying homes, condos, and other forms of real estate — particularly in desirable U.S. coastal cities and outlying communities. San Francisco (and Marin County), along with New York City, Miami, and the beach communities of Los Angeles,… read more →