What’s happening in Marin real estate?
The numbers below reflect activity from Saturday, November 10-Saturday, November 17 for Marin residential real estate (includes condominiums).
| # of New Marin Home Listings this week | 58 |
| # of Marin Homes Back on the Market (fell out of contract) | 22 |
| # of Marin Home Listings with Price Reductions | 68 |
| # of Marin Homes that went under contract | 52 |
| # of Marin Home Listings Expired or Withdrawn (not sold) | 53 |
| # of Marin Homes Sold | 42 |
Activity slowed substantially over the previous week. This is to be expected as we near Thanksgiving and a shortened week. The number of new listings dropped off – 58 new listings as compared to 68 in the same time period the previous week. The number of price reductions also dropped from 89 to 68. Sales were up , reflecting the activity occurring in October that is now closing escrow.
After Thanksgiving, I would expect to see more price reductions as people try to sell before the New Year. This week will be a quiet one for real estate in Marin County!
*Information pulled from BAREIS MLS.
(November 10 5:00pm -November 17 5:00pm)