A total of 78 homes sold for more than $1 million in June, up 25 percent from the previous month and June of 2009 when 62 properties sold.  It was the highest level for high end sales since 96 properties changed hands in July of 2008.
While sales continued to jump, the median sales price of million dollar homes fell last month to $1.43 million, down 17.9 percent from May's median of $1.74 million and off 2 percent from June 2009's median of $1.46 million.  But home sellers are getting a higher percentage of their asking price - 96 percent on average last month compared to 92 percent a year ago.
These figures were derived from the Marin Multiple Listing Service data of all homes sold in Marin County for more than $1 million last month.
"Contrary to media reports that the housing market is struggling, home sales are still quite healthy, at least here in Marin County," said Rick Turley, President of Coldwell Banker Residential Brokerage in the Bay Area.  "With interest rates at historic lows, and sellers pricing their homes at attractive levels, buyers are responding."
Some curious findings:
* The most expensive sale in Marin County in June was a four bedroom, five bath 4,280 square foot home in Belvedere that Sold for $4.58 million:
* Mill Valley boasted the most million dollar sales with 13, followed by San Anselmo with 10, Tiburon and Kentield 8, and Larkspur and San Rafael with 7 apiece;
* It took an average of 91 days to sell a million dollar home in Marin County, up 89 days the previous month, and 90 days a year ago at this time;
* Last year Coldwell Banker handled more that 16% of all home sales in the Bay Area, more than double it's nearest competitor. Through it's Internationally renowned Previews Program, Coldwell Banker leads the Luxury Home Market, selling more than 27% of properties that sold for more than $3 million and more than 33% of homes priced over $5 million dollars.


Marin County Luxury Real Estate