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.
|
Area |
Average Sale Price |
Median Sale Price |
Total Sales |
Avg. DOM |
|
All Marin
|
 $951,328 |
$675,000
|
141
|
99
|
|
Belvedere
|
 $2,910,833 |
$3,652,500
|
3
|
144
|
|
Corte Madera
|
$1,002,188 |
$970,000
|
8
|
90
|
|
Fairfax
|
$735,000 |
$586,750
|
4
|
120
|
|
Greenbrae
|
$796,000 |
$796,000
|
1
|
115
|
|
Kentfield
|
$1,368,750 |
$1,497,500
|
4
|
59
|
|
Larkspur
|
N/A |
N/A
|
0
|
N/A
|
|
Mill Valley
|
$1,196,800 |
$818,000
|
18
|
97
|
|
Novato
|
$588,137 |
$512,000
|
35 |
95
|
|
Ross
|
$425,000 |
$425,000
|
1
|
33
|
|
San Anselmo
|
$814,584 |
$725,000
|
13
|
93
|
|
San Rafael
|
$668,194 |
$637,000
|
33
|
97
|
|
Sausalito
|
$1,483,200 |
$1,825,000
|
5
|
105
|
|
Tiburon
|
$2,117,143 |
$1,800,000
|
7
|
143
|