When evaluating real estate (or any investment for that matter), people often make the mistake of looking at it in a short term perspective. For most people who own Marin real estate, it often a long term investment. The chart below details the average Marin County home sales price in 2007, 1997, and 1987.
All I can say, is that I really wish I had purchased ten Marin County homes in 1987 or even just ten years ago in 1997.
Marin County real estate is a great investment at any time- just think long term!
| City | Average Marin Home Sales Price 2007 |
Average Marin Home Sales Price 1997 |
Average Marin Home Sales Price 1987 |
| All Marin County | $1,223,678 | $443,135 | $240,875 |
| Belvedere | $3,880,903 | $1,248,804 | $665,053 |
| Corte Madera | $1,214,431 | $382,677 | $219,925 |
| Fairfax | $841,837 | $325,912 | $160,930 |
| Greenbrae | $1,052,236 | $398,074 | $230,308 |
| Kentfield | $2,427,872 | $855,384 | $408,581 |
| Larkspur | $1,301,432 | $500,874 | $241,193 |
| Mill Valley | $1,400,526 | $524,941 | $283,479 |
| Novato | $757,815 | $303,576 | $188,771 |
| Ross | $3282,336 | $1,003,212 | $452,700 |
| San Anselmo | $1,056,271 | $416,676 | $232,160 |
| San Rafael | $905,599 | $368,903 | $225,358 |
| Sausalito | $1,309,383 | $453,109 | $230,151 |
| Tiburon | $2,207,819 | $801,875 | $451,038 |
Statistics from BAREIS Marin County MLS®.