Many Marin County home sellers took their homes off the market over the holidays. This helped overall stats. Despite the holidays, we still saw quite a few homes go into contract. Many areas of Marin are considered seller’s markets including Corte Madera, San Anselmo, Sausalito and Mill Valley. The situation in Novato still looks dismal. Below are the stats by city. These numbers are likely to fluctuate widely after the New Year when sellers put their homes on the market.
Marin Market Update By City
City | # for Sale | # in Contract | % in Contract |
Belvedere | 18 | 2 | 11% |
Corte Madera | 11 | 6 | 55% |
Fairfax | 19 | 6 | 32% |
Greenbrae | 8 | 2 | 25% |
Kentfield | 14 | 2 | 14% |
Larkspur | 12 | 3 | 25% |
Mill Valley | 51 | 19 | 37% |
Novato | 203 | 23 | 11% |
Ross | 11 | 2 | 18% |
San Anselmo | 35 | 16 | 46% |
San Rafael | 119 | 29 | 24% |
Sausalito | 16 | 9 | 56% |
Tiburon | 40 | 12 | 30% |
Total | 557 | 131 | 24% |
- Over 35% in contract is usually indicative of a sellers’ market.
- Under 25% in contract is usually indicative of a buyers’ market.
- 25%-35% in contract indicates a balanced market.
*Marin County Real Estate statistics pulled from BAREIS MLS on 12/29/2007.