This market profile is a snapshot of what is happening in Fairfax.
Home prices are down again this week in Fairfax while the average days on market continues to to climb. The market action index remains flat. Continue reading
Tiburon Real Estate Market Profile- Monday, October 20
This market profile is a snapshot of what is happening in Tiburon.
Home prices are down again this week in Tiburon while the average days on market continues to to climb. The market action index remains flat. Continue reading
Mill Valley Real Estate Market Profile- October 20
This market profile is a snapshot of what is happening in Mill Valley. The number of listings has been tightening and days-on-market increasing
recently. Continue reading
Marin Real Estate Market- Is it all just a mess?
What a mess. In a two week period the government nationalized Fannie, Freddie and AIG and let Lehman take a tumble. The government proposed the largest bailout in 80 years, and taxpayers are concerned about fronting the bill. The election campaign is in high gear, debates are happening, and the political landscape also looks scary to a lot of people.
I loved the Time magazine cover this week “Who can rescue the economy?”
- a) John McCain
- b) Barack Obama
- c) None of the above
Everyone is concerned about politics and the economy. At every dinner, BBQ, play date, or even a casual run in at the grocery store, I find people want to know “What is all of this mess doing to the housing market?”
It is hard to tell. The government bailout may slow the decline of housing prices. Presumably, jumbo loan rates will stabilize and be more affordable, which will definitely help the Marin real estate market. Buyers may start to feel like the bottom is near and get off the fence. I do think people are having a hard time focusing on buying real estate with the impending election, so this October could be a tough one in Marin.
Buyers with cash or who can qualify for a good loan program are sitting pretty- this is definitely a great opportunity to find good bargains in Marin County. Yes- I said bargains and I can’t believe it. There are good homes for sale in Marin just waiting for a buyer to make an offer.
If you want real time Marin real estate market reports to see exactly how the turmoil is impacting Marin real estate, you can always see them live here on my site.
Tiburon Real Estate Market Profile – Sept 21
This market profile is a weekly snapshot of what is happening in Tiburon.
Home prices are down again this week in Tiburon while the home inventory and days on market continues to to climb. The market action index remains flat.
| Tiburon Real Estate Market Update | |
| Median List Price | $2,747,500 |
| Asking Price per Square Foot | $916 |
| Average Days on Market | 97 |
| Percent of Properties with Price Decrease | 28% |
| Percent Relisted | 1% |
| Median House Size (sq ft) | 3,166 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.5 |
| Market Action Index | 14 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Tiburon 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.
Tiburon Real Estate Market Data effective as of September 21, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.
Mill Valley Real Estate Market Profile- Sept 21
This market profile is a weekly snapshot of what is happening in Mill Valley. Home prices in Mill Valley have been moving up in recent weeks, but with recent market changes, I would expect a downward trend.
| Mill Valley Real Estate Market Update | |
| Median List Price | $1,349,000 |
| Asking Price per Square Foot | $646 |
| Average Days on Market | 97 |
| Percent of Properties with Price Decrease | 45% |
| Percent Relisted | 6% |
| Median House Size (sq ft) | 2,150 |
| Median Lot Size | 8,001-10,000 Sq. |
| Median Number of Bedrooms | 3.0 |
| Median Number of Bathrooms | 2.5 |
| Market Action Index | 16 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Mill Valley 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. The Market Action Index has remained flat in recent weeks.
Mill Valley Real Estate Market Data effective as of September 21, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.
Kentfield Real Estate Market Profile- Sept 21
This market profile is a weekly snapshot of what is happening in Kentfield.
Kentfield listing inventory has been tightening and the days on market has been increasing.
| Kentfield Real Estate Market Update | |
| Median List Price | $2,150,000 |
| Asking Price per Square Foot | $782 |
| Average Days on Market | 127 |
| Percent of Properties with Price Decrease | 62% |
| Percent Relisted | 10% |
| Median House Size (sq ft) | 2,933 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.3 |
| Market Action Index | 12 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Kentfield 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. The Market Action Index remains flat and clearly shows a very buyer friendly market.
Kentfield Real Estate Market Data effective as of September 21, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.
Marin Real Estate Market Update- August 2008
This is my first Marin County real estate update via video.
Please excuse the ummmms and enjoy the snapshot of what is happening in Marin Real Estate!
Kentfield Real Estate Market Profile
This market profile is a weekly snapshot of what is happening in Kentfield.
Kentfield home prices have been hovering around the same median price recently. Home inventory has been tightening, which is a good sign for Kentfield real estate.
| Kentfield Real Estate Market Update | |
| Median List Price | $2.074,500 |
| Asking Price per Square Foot | $768 |
| Average Days on Market | 107 |
| Percent of Properties with Price Decrease | 40% |
| Percent Relisted | 0% |
| Median House Size (sq ft) | 2,992 |
| Median Lot Size | 0.50-1.0 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.4 |
| Market Action Index | 15 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Kentfield 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.
Kentfield Real Estate Market Data effective as of August 10, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.
San Anselmo Real Estate Market Profile
This market profile is a weekly snapshot of what is happening in San Anselmo.
This week saw a downward notch for prices in San Anselmo. Home pricing has been weak in recent weeks.
| San Anselmo Real Estate Market Update | |
| Median List Price | $1,154,500 |
| Asking Price per Square Foot | $569 |
| Average Days on Market | 77 |
| Percent of Properties with Price Decrease | 54% |
| Percent Relisted | 4% |
| Median House Size (sq ft) | 2,333 |
| Median Lot Size | 0.25-0.50 acre |
| Median Number of Bedrooms | 3.5 |
| Median Number of Bathrooms | 2.5 |
| Market Action Index | 16 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the San Anselmo 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 Anselmo Real Estate Market Data effective as of August 10, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up below to my Real-Time Market Report for each city in Marin. You can also sign up to receive very detailed real-time market reports in your email. Just register below and let me know which neighborhoods you are interested in. Download a sample report.