February 10th, 2012
Marin home prices climb 4.5 percent in January to an average selling price just under $1 million, sales down 13.4 percent during same period.
Prices of single-family homes were up 4.5 percent in January compared with December, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, six posted increases, with an average home price of $994,144. Belvedere, Kentfield, Ross and San Rafael posted the biggest monthly increases. The pace of home sales for January was down 13.4 percent, 122 vs. 141 in December.
Marin home prices were up 22.2 percent in January compared with last year, $994,144 vs. $813,188 in January 2011. During the same period, the pace of Marin home sales was up 34.1 percent, 122 last month vs. 91 in 2011.
|
|
|
|
|
Avg.
DOM
|
|
All Marin
|
 $994,144 |
$700,000
|
122
|
113
|
|
|
$4,650,000 |
$4,650,000
|
1
|
126
|
|
|
 $787,000 |
$787,000
|
1
|
126
|
|
|
$338,667 |
$298,000
|
3
|
85
|
|
|
$725,000 |
$725,000
|
1
|
121
|
|
|
$3,716,667 |
$3,900,000
|
3
|
147
|
|
|
$946,917 |
$837,500
|
6
|
133
|
|
|
$1,190,500 |
$987,500
|
14
|
118
|
|
|
$605,339 |
$535,000
|
25 |
105
|
|
|
$1,078,750 |
$860,000
|
4
|
97
|
|
|
$648,267 |
$630,000
|
9
|
70
|
|
|
$757,821 |
$560,000
|
31
|
100
|
|
|
$877,000 |
$975,000
|
3
|
44
|
|
|
$1,972,813 |
$2,000,000
|
8
|
85
|
Tags: Marin Home Prices, Marin Home Sales
Posted in Marin Market Trends, Marin Real Estate | No Comments »
February 7th, 2012
This five bedroom, 7 bath Belvedere Island gated estate with infinity views, Bay frontage and boat dock just sold in early February for $4.2 million.
 |
$4,200,000
43 Cliff Rd
Belvedere, CA
5 beds, 6.5 baths
5506 sqft, 1951 year
|
Originally listed for $4,500,000, this five bedroom, 7 bath gated Belvedere estate is set on 3/4 acre & has exquisite infinity views of the Bay, Golden Gate Bridge, SF Skyline and Sausalito. The west facing lot runs from Belvedere Ave to Bay frontage with a private beach & rare boat dock. Fantastic footprint & opportunity to remodel or redevelop into a masterpiece legacy property!
Tags: Belvedere Homes, Belvedere Real Estate, Marin Luxury Real Estate
Posted in Marin Homes Sold, Marin Real Estate | No Comments »
January 26th, 2012
Fixed mortgage rates climb as the housing market ended 2011 on a high note. Still, this marks the eighth consecutive week 30-year below 4 percent.
Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 3.98 percent with an average 0.7 point for the week ending January 26, 2012, down from last week when it averaged 3.88 percent. Last year at this time, the 30-year FRM averaged 4.8 percent.
Frank Nothaft, vice president and chief economist at Freddie Mac, reports, “Fixed mortgage rates ticked up this week as the housing market ended 2011 on a high note. New construction of one-family homes rose 4.4 percent in December to an annualized rate of 470,000, the most since April 2010. Existing home sales increased 5.0 percent at the end of the year to 4.61 million houses, the largest amount since May 2010. Furthermore, pending home sales in November and December averaged the highest reading since the March and April 2010 period.”
Primary Mortgage Market Survey [Freddie Mac]
Tags: Home Loans, Mortgage Rates
Posted in Marin Market Trends, Marin Real Estate | No Comments »
January 18th, 2012
The site of 41st Marin Designer Showcase, this world-class Belvedere estate on a rare 1+ acre waterfront lot is one of the finest homes in Northern California.
 |
$45,000,000
425 Belvedere Ave
Belvedere, CA
7 beds, 11 baths
15500 sqft, 2012 year
More Info >>
|
New world-class Belvedere estate on rare 1+ acre waterfront lot. Panoramic views of SF, GG Bridge, Sausalito & Bay Bridge. Aprox. 15,500 sq. ft. with 7 bedrooms, 9 full & 2 half baths, pool, spa, sauna, steam room, gym, magnificent terraces, gourmet kitchen, wine cellar, luxurious master suite, theater, office, elevator.
Tags: Belvedere Homes, Belvedere Real Estate, Marin Luxury Real Estate
Posted in Marin Homes for Sale, Marin Real Estate | No Comments »
January 10th, 2012
The sale of this 9,000 sq. ft. exceptional Ross estate for $13.5 million in October set the benchmark in 2011 for the highest Marin home sale for the year.
 |
$13,500,000
104 Laurel Grove
Ross, CA
6 beds, 5.5 baths
8665 sqft, 1987 year |
One of Marin’s most breathtaking estates, with nearly 9,000 sq. ft. of masterfully designed interiors on over 2.2 acres of park-like grounds and level lawns. Beautiful and grand, with formal living & dining rooms, stunning kitchen/family room w/ 2 separate office areas. Top-floor master suite with 2 huge closets and lavish marble bath. Exquisite outdoor living w/ pool, enormous lawn and turf sports field.
Tags: Marin Luxury Real Estate, Ross Homes, Ross Real Estate
Posted in Marin Homes Sold, Marin Real Estate | No Comments »
January 4th, 2012
Marin home prices last month rose 3 percent over the previous, home sales shrank a notable 13.5 percent during the same period.
Prices of single-family homes were up 3.1 percent in December compared with November, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, eight posted increases, with an average home price of $951,328. Corte Madera, Fairfax and Tiburon posted the biggest monthly increases. The pace of home sales for December was down 13.5 percent, 141 vs. 163 in November.
Marin home prices were down 2.3 percent in December compared with last year, $951,328 vs. $973,910 in December 2010. During the same period, the pace of Marin home sales was down 10 percent, 141 last month vs. 157 in 2010.
|
|
|
|
|
Avg.
DOM
|
|
All Marin
|
$951,328 |
$675,000
|
141
|
99
|
|
|
$2,910,833 |
$3,652,500
|
3
|
144
|
|
|
$1,002,188 |
$970,000
|
8
|
90
|
|
|
$735,000 |
$586,750
|
4
|
120
|
|
|
$796,000 |
$796,000
|
1
|
115
|
|
|
$1,368,750 |
$1,497,500
|
4
|
59
|
|
|
N/A |
N/A
|
0
|
N/A
|
|
|
$1,196,800 |
$818,000
|
18
|
97
|
|
|
$588,137 |
$512,000
|
35 |
95
|
|
|
$425,000 |
$425,000
|
1
|
33
|
|
|
$814,584 |
$725,000
|
13
|
93
|
|
|
$668,194 |
$637,000
|
33
|
97
|
|
|
$1,483,200 |
$1,825,000
|
5
|
105
|
|
|
$2,117,143 |
$1,800,000
|
7
|
143
|
Tags: Marin Home Prices, Marin Home Sales
Posted in Marin Market Trends, Marin Real Estate | No Comments »
December 29th, 2011
Fixed mortgage rates finishing the year near their all-time historic lows helping to keep homebuyer affordability high. Averaging 3.95 percent, the 30-year fixed has been at or below 4 percent for the past nine consecutive weeks and only twice in 2011 did it average above 5 percent.
Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 3.95 percent with an average 0.7 point for the week ending December 29, 2011, down from last week when it averaged 3.91 percent. Last year at this time, the 30-year FRM averaged 4.86 percent.
Frank Nothaft, vice president and chief economist at Freddie Mac, reports, “Mortgage rates ended the year hovering near historic lows in an already affordable housing market. For instance, the seasonally-adjusted S&P/Case-Shiller® 20-City Composite home price index in October was the lowest seen since March 2003. The largest hit areas were Las Vegas with the lowest reading since January 1997 and Atlanta which was since June 1998. It’s not surprising then that over 5 percent of households in December plan to purchase a home over the next six months, the highest share since May, according to The Conference Board.”
Primary Mortgage Market Survey [Freddie Mac]
Tags: Home Loans, Mortgage Rates
Posted in Marin Market Trends, Marin Real Estate | No Comments »
December 14th, 2011
This four bedroom, 3 bath Stinson Beach home in the exclusive ocean front gated community of Seadrift sold in December for $5.7 million.
 |
$5,700,000
172 Seadrift Rd
Stinson Beach, CA
4 beds, 3 baths
1793 sqft, 1983 year
|
Originally listed for $6,450,000, this four bedroom, 3 bath Stinson Beach home sits on three quarters of an acre of ocean front property in the exclusive gated community of Seadrift. Truly stunning, this Tahitian style retreat features tropically lush landscaping, large swimming pool, spa and an open floor plan with sliding glass doors that disappear to provide indoor/outdoor living and entertaining at its finest.
Tags: Marin Luxury Real Estate, Stinson Beach Homes, Stinson Beach Real Estate
Posted in Marin Homes Sold, Marin Real Estate | No Comments »
December 7th, 2011
Marin home prices fell 8.45 percent last month over previous month, the number of home sales was up 8.6 percent during the same period.
Prices of single-family homes were down 8.45 percent in November compared with October, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, six posted decreases, with an average home price of $922,448. Larkspur, Mill Valley and San Anselmo posted the biggest monthly decreases. The pace of home sales for November was up 8.6 percent, 163 vs. 150 in October.
Marin home prices were down 20 percent in November compared with last year, $922,448 vs. $1,153,273 in November 2010. During the same period, the pace of Marin home sales was up 11 percent, 163 last month vs. 147 in 2010.
|
|
|
|
|
Avg.
DOM
|
|
All Marin
|
$922,448 |
$737,000
|
163
|
96
|
|
|
$3,550,000 |
$3,550,000
|
1
|
41
|
|
|
$856,563 |
$806,000
|
8
|
108
|
|
|
$564,900 |
$435,000
|
5
|
118
|
|
|
$998,000 |
$995,000
|
5
|
44
|
|
|
$2,149,674 |
$1,743,370
|
5
|
78
|
|
|
$1,180,400 |
$1,350,000
|
5
|
67
|
|
|
$1,086,023 |
$892,000
|
22
|
91
|
|
|
$567,196 |
$491,000
|
35 |
80
|
|
|
$835,000 |
$835,000
|
2
|
150
|
|
|
$804,311 |
$563,425
|
11
|
117
|
|
|
$668,159 |
$647,500
|
34
|
107
|
|
|
$1,446,273 |
$1,465,000
|
11
|
141
|
|
|
$1,450,792 |
$1,187,500
|
12
|
70
|
Tags: Marin Home Prices, Marin Home Sales
Posted in Marin Market Trends, Marin Real Estate | No Comments »
November 23rd, 2011
Fixed mortgage rates changing little and remaining near their historic lows while adjustable-rate mortgages averaged new record lows.
Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 3.98 percent with an average 0.7 point for the week ending November 23, 2011, down from last week when it averaged 4 percent. Last year at this time, the 30-year FRM averaged 4.40 percent.
Frank Nothaft, vice president and chief economist at Freddie Mac, reports, “Mortgage rates eased slightly this week with fixed-rate loans hovering above all-time lows and ARMs reaching a new nadir. The high-degree of home-buyer affordability in recent months translated into a 1.4 percent pickup in existing home sales during October, according to the National Association of Realtors (NAR). The NAR also reported that contract cancellations were up in October as well, which restrained sales from achieving a stronger rebound.”
Primary Mortgage Market Survey [Freddie Mac]
Tags: Home Loans, Mortgage Rates
Posted in Marin Market Trends, Marin Real Estate | No Comments »
