Marin Real Estate Market Trends- August 07

Initial numbers are in for August Marin real estate sales!

Marin Median Home Prices

According to initial numbers, the median price is $1,045,000 for single family residential homes. The median price for all residential (including condos) is $947,000. This represents a 6.4% change over last year, and a 12.81% change over August 2005.

Initial sales numbers by Marin County City

Belvedere

  • Median- $3,000,000
  • Average Days on Market -246
  • Units Sold- 3
  • % change in Belvedere median sales price since August 2006 – down 1.07%
  • % change in Belvedere median sales price since August 2005 – down 9.43%

Corte Madera

  • Median- $1,025,000
  • Average Days on Market -43
  • Units Sold- 7
  • % change in Corte Madera median sales price since August 2006 – up 5.4 %
  • % change in Corte Madera median sales price since August 2005 – up 4.27%

Fairfax

  • Median- $769,500
  • Average Days on Market -48
  • Units Sold- 6
  • % change in Fairfax median sales price since August 2006 – down 11.04%
  • % change in Fairfax median sales price since August 2005 – up 3.36%

Greenbrae

  • Median- $1,150,000
  • Average Days on Market -32
  • Units Sold- 7
  • % change in Greenbrae median sales price since August 2006 – up 47.44% (yes, that is correct- you didn’t misread it!)
  • % change in Greenbrae median sales price since August 2005 – down 4.96 %

Kentfield

  • Median- $1,650,000
  • Average Days on Market -44
  • Units Sold- 11
  • % change in Kentfield median sales price since August 2006 – down 20.10%
  • % change in Kentfield median sales price since August 2005 – up 0.76%

Larkspur

  • Median- $1,237,000
  • Average Days on Market -56
  • Units Sold- 2
  • % change in Larkspur median sales price since August 2006 – down 6.29%
  • % change in Larkspur median sales price since August 2005 – down 5.57%

Mill Valley

  • Median- $1,050,000
  • Average Days on Market -31
  • Units Sold- 40
  • % change in Mill Valley median sales price since August 2006 -no change
  • % change in Mill Valley median sales price since August 2005 – down 17%

Novato

  • Median- $749,000
  • Average Days on Market -77
  • Units Sold-29
  • % change in Novato median sales price since August 2006 -up 2.9%
  • % change in Novato median sales price since August 2005 – up 4.03%

San Anselmo

  • Median- $907,500
  • Average Days on Market -49
  • Units Sold-16
  • % change in San Anselmo median sales price since August 2006 -down 19.3%
  • % change in San Anselmo median sales price since August 2005 – down 13.16%

San Rafael

  • Median- $733,250
  • Average Days on Market -72
  • Units Sold-36
  • % change in San Rafael median sales price since August 2006 -down 7.7%
  • % change in San Rafael median sales price since August 2005 – down 5.87%

Sausalito

  • Median- $1,600,000
  • Average Days on Market -138
  • Units Sold-13
  • % change in Sausalito median sales price since August 2006 -up 29.50% *
  • % change in Sausalito median sales price since August 2005 – up 112.62%*

Tiburon

  • Median- $1,410,000
  • Average Days on Market -69
  • Units Sold-12
  • % change in Tiburon median sales price since August 2006 -down 38.23%
  • % change in Tiburon median sales price since August 2005 – down 25.79%

Watch for my next post on understanding sales stats & numbers.