With the springtime rush behind us, we find that the value of Marin County homes is about the same as last year. As we predicted in early 2019, home values have leveled out. We report separately on single family homes (SFHs) and townhouses/condos for these reasons: Condos and townhouses are about half the square footage of single-family homes. Sale prices are about half the Continue Reading
Expectations for the Marin Housing Market
Our experience and common sense, plus a few numbers, suggest the Marin housing market will continue to increase in value, though perhaps at a lower rate than the the last few years. Here are some factors that support the healthy real estate market in Marin: Our economy is strong. If the Bay Area economy is growing, there will be demand for homes in Marin. Bay area employment Continue Reading
Rare Waterfront Condo in Corte Madera
100 Lucky Drive #107 at The Corte Madera Shores Corte Madera Shores is a unique 22 unit condo community, built in 1987 on the waterfront near the convergence of the Corte Madera Creek and the Bay. This rare waterfront condo in Corte Madera lets you launch your kayak onto the water from the community boat house and dock. Minutes to Highway 101 and Larkspur Ferry terminal, yet quiet and private. Continue Reading
Where is the Marin real estate market going?
Prices for single family homes in Marin are the highest in 15 years. Will prices continue to go up? Can we expect home values to level out or decrease? First let's see where we are. Home prices continue to increase in Marin The median price of a single family home in Marin County continues to move upward and is now about $1,333,000 (last half of 2018). The most sought-after homes often sell Continue Reading
Will The New 4+% Mortgage Rates Impact California Home Prices?
By now, many of us have heard through news or advertising that a small change in mortgage rates can make a big difference. In Marin County a home price is a big consideration when selecting real estate in this most desirable market. Interest rates will also be an important consideration, particularly for first time home buyers on a limited budget. Will a 5% mortgage rate make a substantial Continue Reading
Marin Home Prices Past and Future
Marin home prices have appreciated greatly over the last five year. The statistics show a surge in values in 2013 to 2015, and a recent leveling. Prices for single family homes increased 57% over the last five years: Year Median Price Increase 2012 $765,000 --- 2013 $900,000 18% 2014 $1,010,000 12% 2015 $1,105,000 9% 2016 $1,199,000 9% The Continue Reading
Marin Real Estate Market Update: Marin Real Estate is More Valuable Than Ever
Marin Real Estate Market Report for the First 9 Months of 2016: Median price for single family homes increased about 9%. Median price for condos and townhouses increased about 6%. Number of houses sold in Marin decreased by 9% compared to 2015. Supply of Houses for Sale is Low The lack of available housing in Marin County, CA is a primary factor in increasing home sale prices. Continue Reading