Weekly Real Estate Roundup 10/5/18

Posted by Alex Narodny on Friday, October 5th, 2018 at 10:17am.

What's happening in Marin real estate this week. Email not displaying correctly?
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Weekly Marin Real Estate Roundup


October 5, 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 week318 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...

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

This Week's Rates

  • Jumbo 30 year fixed:  4.75% 
  • High balance conforming 30 yr fixed (up to $679,650): 5.125%
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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