This market profile is a snapshot of what is happening in San Rafael. San Rafael home prices in the 94903 zip code have continued to trend down in recent weeks while home prices in the 94901 zip code have stayed flat. While the listing inventory in San Rafael has been decreasing, days-on-market has been increasing. The Market Action Index has been basically flat, not providing a strong indication of the direction of the San Rafael real estate market.
San Rafael Real Estate Market Update
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There are currently 180 homes for sale in San Rafael, California. There are 41 San Rafael homes under contract. |
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| Area- Zip Code |
94901 |
94903 |
| Median List Price | $889,500 | $699,000 |
| Highest Priced San Rafael Home (single family) |
$4,500,000 349 Bay Way, San Rafael |
$6,500,000 1677 Lucas Valley Rd, San Rafael |
| Lowest Priced San Rafael Home (single family) |
$375,000 |
$379,900 842 Rincon Way, San Rafael |
| Asking Price per Square Foot | $450 | $407 |
| Average Days on Market | 126 | 149 |
| Percent of Properties with Price Decrease | 39% | 49% |
| Percent Relisted | 9% | 2% |
| Median House Size (sq ft) | 2,047 | 1,833 |
| Median Lot Size | 8,001-10,000 Sq. Feet | 8,001-10,000 Sq. Feet |
| Median Number of Bedrooms | 3.8 | 4.0 |
| Median Number of Bathrooms | 2.4 | 2.0 |
| Market Action Index | 14- Cold! Buyer’s Market | 15- Cold! Buyer’s Market |
The Market Action Index answers the question:
“How’s the San Rafael Real Estate Market?”
By measuring the current rate of sale versus the amount of inventory.
Index above 30 implies seller’s market conditions.
Below 30, conditions favor the buyer.
San Rafael Real Estate Market Data effective as of February 15, 2009. Data provided by AltosResearch and Bay Area Real Estate Information Services, Inc. Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.