Weekly Real Estate Roundup 9/28/18

Posted by Alex Narodny on Friday, September 28th, 2018 at 9:47am.

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

Weekly Marin Real Estate Roundup


September 28, 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 week14 Renz Rd, Mill Valley. 4 BD/3 BA. Incredible value in Mill Valley! Exceptionally charming and light filled home in Cascade Canyon represents the best opportunity of the year. $999,000
  • New: 99 Rancheria Rd, Kentfield. 5 BD/3 BA. Just completed, remodeled and re-patterned from the studs, this uber chic residence was designed by the renowned Steven Wisenbaker & is unparalleled in design esthetic featuring dramatic art walls, high ceilings, open floor plan & optimal indoor-outdoor flow. $3,595,000.
  • New: 61 Sais Ave, San Anselmo. 5 BD/4 BA. Set in the heart of San Anselmo on a flat, sunny, private lot sits this Craftsman home w/ open floor plan, Master BR w/huge walk-in closet on the ground level, wood-burning FP, and an overabundance of natural light. $2,495,000.

Market Trends - Marin County




 



  • Total Available Properties for Sale: 534
  • Total in Contract: 236
  • Absorption Rate (Pended Sales %): 44.1% 
  • Median Sold Price in last 30 days: $1,197,500
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:  4.625% 
  • High balance conforming 30 yr fixed (up to $679,650): 4.875%
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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