The Anlyan Report
While the number of Bay Area Home Sales have fallen the median price is up from the same time last year. Marin is bucking the trend with 144 single family residence sold to February 16th of this year, as opposed to 98 single family residences sold during the same period in 2009, a 46.95% increase.
Condo home sale were up also to 50 sales in 2010 versus 47 sales during the same period in 2009, an increase from last year of 6.3%.
The average sales price for this period for Single Family residences is $1,037,231 dollars vs. $846,678 in 2009. Caution is advised in interpreting these results due to such a small sample size this early in the year. Still, the numbers are at least interesting, and bear watching.
Also, the inventory is still low with only 792 homes shown as Active on the Marin Multiple Listing Service as of February 16th, 2010. This compares with 952 homes on the market at the end of February 2009.
The under the $1 million dollar market is very hot with 46.4% of listed homes in contract, while the over $3 million dollar plus market is still lagging with only 7.25% of homes in contract.
So far, early results are encouraging, but when ever asked "how’s the Marin Real Estatge market doing?" I remember what Robert Beadle from Coldwell Banker in Greenbrae once said when asked the same question, his response: "it changes every day."
Stay tuned, and this site will continue to keep you apprized of what’s going in within the Real Estate Scene here in Marin County. And, thank you for checking out the Real Estate Scene here in Marin County, California!




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