Marin Real Estate Market Still Strong

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.