Marin Home Prices Q1 2016
In the first quarter of 2016, Marin home prices rose about 5% compared to the same time in 2015. The Marin Real Estate market is a strong sellers’ market.
As always, prices vary for each city. For example, Mill Valley +2%, Tiburon +4%, San Anselmo-Fairfax +12%, San Rafael +10%, and Novato +7%.
Insights for Marin Home Buyers
If you are buying a home in Marin County, California, we try to balance your needs with your budget. We watch every town, and find the best opportunities for you. The best values are in Novato where median price per square foot for a house is about $400 compared to the county-wide value of $542 per sq. ft. If you need to live further south, the best deals are in San Rafael ($518 per sq. ft.) and San Anselmo-Fairfax ($596 per sq. ft.).
Insights for Marin Home Sellers
This is an excellent opportunity to sell. There are many buyers and fewer homes for sale. The number of homes for sale in the first quarter of 2016 decreased by about 10% compared to a year ago. Prices have moved steadily up for the last three years. If you are thinking of selling in the next two to three years, this may be your opportunity to sell on this upward wave. In addition to Springtime, the best times to sell are in the Fall, September and October.
Preparation for Sale Pays Off
We know the art of presenting your home so that it appeals to today’s buyers. We can lead you through this process quickly and easily.
It pays to do as much as possible to prepare your home for sale. We have had many examples this year of a properly remodeled and staged and house bringing more offers and a higher sale price. You may receive 2-5 times return on whatever you invest to prepare your house for sale.