Marin Real Estate Roundup - 9/14/18

Posted by Alex Narodny on Friday, September 14th, 2018 at 11:23am.

What's happening in Marin real estate this week. Email not displaying correctly?
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NARODNY

Weekly Marin Real Estate Roundup


September 14, 2018

Welcome to the Marin Real Estate Roundup, the #1 resource for Marin County buyers and sellers.


Weekly highlights

Please respond for more info or a private showing

  • Pick of the week78 Sir Francis Drake Blvd, Ross. A rare opportunity to enter the Ross community and be two blocks from downtown San Anselmo for under 900K. $899,000.
  • New: 64 Alta Vista, Mill Valley. 3 BD/3 BA. When one thinks of easy living in Mill Valley, few homes compare. Warm & inviting from the outside, you are soon rendered breathless as you enter this Craftsman beauty. $2,250,000.
  • New: 30 Laurelwood, San Rafael. 4 BD/4 BA. Top of the valley w/Bay views from a private cul-de-sac. Meticulously updated & refined from the windows & baths to the kitchen w/silestone counter tops. $1,649,000.

Market Trends - Marin County




 



  • Total Available Properties for Sale: 507
  • Total in Contract: 234
  • Absorption Rate (Pended Sales %): 46.2% 
  • Median Sold Price in last 30 days: $1,110,000
Analysis (updated quarterly):

Appreciating trends of recent years continued through the Spring - low inventory, multiple offer situations, and increasing prices. The decrease in sales and pending homes despite an increase in new active listings could be a sign of change in the marketplace. The summer market has so far produced increased days on market. With seller expectations and home prices at an all time high, it's possible we could be witnessing a plateau. Interest rates remain steady as we head into the home stretch of Summer. We shall see...

Relevant Stories (Source: C.A.R. "Market Matters")

This Week's Rates

  • Jumbo 30 year fixed:  4.500% 
  • High balance conforming 30 yr fixed (up to $679,650): 4.750%
Please take a second to read our blog for other relevant advice and market trends.
 

New Listings (North --> South)

Novato
San Rafael
West Marin and Beach Cities
Fairfax
San Anselmo
Ross and Kentfield
Greenbrae, Larkspur, and Corte Madera
Mill Valley
Tiburon and Belvedere
Sausalito
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