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Pick of the week: 318 Butterfield, San Anselmo. 4 BD/3 BA. Two lovely homes, live in one rent the other. Remodeled with an open floor plan, a sweet front porch, new kitchen, wood flooring, and 3 bedrooms, 2 baths plus a bonus room/den. $1,290,000
New: 52 Geary, Fairfax. 4 BD/2 BA. Stunning rebuilt modern farmhouse in the heart of Fairfax! This home on a large corner lot, is only blocks to downtown. $1,099,000.
New: 101 California, Mill Valley. 4 BD/3 BA. This chic an light-filled Mill Valley residence offers a main house with 3 bedrooms, 2 baths plus a detached studio with kitchen and full bath. $1,595,000.
Market Trends - Marin County
Total Available Properties for Sale: 515
Total in Contract: 220
Absorption Rate (Pended Sales %): 42.7%
Median Sold Price in last 30 days: $1,228,500
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...