Market Report | May 2009

After 2-months of steady growth, Marin home sales faltered in May - median price down 10% from last month.

The median price of a single-family home in Marin was $720,000, down 35% from $1,113,000 last year, and 146 homes were sold - down from the 169 homes in May 2008. In April, the median home price in Marin was $800,000 and 107 homes were sold.

May’s declines were felt almost uniformly across the county, with nearly every area suffering set-backs except for the few lucky.