MDH Blog | The Marin Home Blog

Marin home prices last quarter fell 5 percent over the previous, home sales shrank 2.5 percent during the same period.

Prices of single-family homes were down 5 percent in the three months ended September 30, 2012 compared with the second quarter 2012, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, eight posted decreases, with an average home price of $993,380. Fairfax, Larkspur, Ross and Tiburon posted the biggest decreases. The pace of home sales for the quarter was down 2.5 percent.

Marin home prices were by and large unchanged in Q3 compared with last year, $993,380 vs. $992,294 in 2011. During the same period, the pace of Marin home sales was up 26 percent, 661 last quarter vs. 525 in 2011.

Area	Average Sale Price	Percent List Price	Total Sales	Avg. DOM
All Marin	$993,380	98%	661	81
Belvedere	$2,854,432	97%	11	54
Corte Madera	$916,152	102%	21	58
Fairfax	$599,635	99%	23	76
Greenbrae	$1,191,596	99%	16	83
Kentfield	$1,914,593	95%	14	58
Larkspur	$1,193,449	98%	20	90
Mill Valley	$1,257,054	99%	105	79
Novato	$653,634	99%	161	87
Ross	$1,669,900	96%	12	82
San Anselmo	$934,553	100%	51	73
San Rafael	$793,413	99%	138	72
Sausalito	$1,787,393	93%	14	99
Tiburon	$1,699,973	97%	32	69

Marin home prices last quarter jumped 11 percent over the previous, home sales climbed a whopping 56 percent during the same period.

Prices of single-family homes rose 11 percent in the three months ended June 30, 2012 compared with the first quarter 2012, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, nine posted increases, with an average home price of $1,050,927. Corte Madera, Fairfax, Greenbrae, Larkspur, Ross and San Anselmo posted the biggest increases. The pace of home sales for the quarter was up a whopping 56 percent.

Marin home prices were by and large unchanged in Q2 compared with last year, $1,050,927 vs. $1,055,172 in 2011. During the same period, the pace of Marin home sales was up 22 percent, 678 last quarter vs. 555 in 2011.

Area	Average Sale Price	Percent List Price	Total Sales	Avg. DOM
All Marin	$1,050,927	98%	678	74
Belvedere	$2,797,352	96%	11	102
Corte Madera	$999,282	98%	33	64
Fairfax	$721,011	101%	19	63
Greenbrae	$1,201,439	99%	19	37
Kentfield	$2,066,917	100%	24	49
Larkspur	$1,344,140	99%	25	35
Mill Valley	$1,189,766	98%	99	68
Novato	$584,136	99%	160	73
Ross	$3,130,414	96%	14	82
San Anselmo	$1,056,026	98%	67	66
San Rafael	$681,478	99%	132	82
Sausalito	$1,406,500	96%	18	59
Tiburon	$1,861,424	95%	33	82

Marin home prices last quarter fell 1 percent over the previous, home sales shrank a notable 4.2 percent during the same period.

Prices of single-family homes were down 1 percent in the three months ended March 31, 2012 compared with the fourth quarter 2011, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, seven posted decreases, with an average home price of $944,785. Corte Madera and Fairfax posted the biggest decreases. The pace of home sales for the quarter was down 4.2 percent.

Marin home prices were up 1 percent in Q1 ‘12 compared with last year, $944,785 vs. $936,862 in 2011. During the same period, the pace of Marin home sales was up 12.7 percent, 434 last quarter vs. 385 in 2011.

Area	Average Sale Price	Percent List Price	Total Sales	Avg. DOM
All Marin	$944,785	95%	434	113
Belvedere	$3,737,357	96%	7	188
Corte Madera	$798,111	99%	9	98
Fairfax	$486,867	96%	15	114
Greenbrae	$998,500	97%	6	57
Kentfield	$2,610,833	89%	6	88
Larkspur	$1,105,711	93%	19	95
Mill Valley	$1,178,825	96%	55	91
Novato	$569,767	97%	95	103
Ross	$1,034,000	94%	5	93
San Anselmo	$747,420	95%	33	92
San Rafael	$716,595	95%	102	111
Sausalito	$1,349,231	98%	13	113
Tiburon	$1,915,182	93%	28	92

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

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.

Area	Average Sale Price	Median Sale Price	Total Sales	Avg. DOM
All Marin	$922,448	$737,000	163	96
Belvedere	$3,550,000	$3,550,000	1	41
Corte Madera	$856,563	$806,000	8	108
Fairfax	$564,900	$435,000	5	118
Greenbrae	$998,000	$995,000	5	44
Kentfield	$2,149,674	$1,743,370	5	78
Larkspur	$1,180,400	$1,350,000	5	67
Mill Valley	$1,086,023	$892,000	22	91
Novato	$567,196	$491,000	35	80
Ross	$835,000	$835,000	2	150
San Anselmo	$804,311	$563,425	11	117
San Rafael	$668,159	$647,500	34	107
Sausalito	$1,446,273	$1,465,000	11	141
Tiburon	$1,450,792	$1,187,500	12	70

Marin home prices were by and large unchanged in October compared to the month before, gain of 6.7 percent from the previous year.

Prices of single-family homes were down .62 percent in October compared with September, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, six posted decreases, with an average home price of $1,007,678. Fairfax, Greenbrae, Kentfield and Tiburon posted the biggest monthly decreases. The pace of home sales for October was down 10 percent, 150 vs. 167 in September.

Marin home prices were up 6.7 percent in October compared with last year, $1,007,678 vs. $944,592 in October 2010. During the same period, the pace of Marin home sales was identical, 150 last month vs. 150 in 2010.

Area	Average Sale Price	Median Sale Price	Total Sales	Avg. DOM
All Marin	$1,007,678	$752,500	150	83
Belvedere	$2,430,000	$2,430,000	2	23
Corte Madera	$835,400	$817,500	8	73
Fairfax	$604,250	$515,750	6	77
Greenbrae	$932,500	$932,500	2	99
Kentfield	$1,651,250	$1,475,000	4	23
Larkspur	$1,302,971	$1,250,000	8	44
Mill Valley	$1,226,040	$1,049,000	25	77
Novato	$526,559	$520,000	35	102
Ross	$8,325,000	$8,325,000	2	90
San Anselmo	$1,084,491	$848,000	7	72
San Rafael	$724,830	$700,000	33	98
Sausalito	$1,268,750	$970,000	4	112
Tiburon	$1,561,570	$1,300,000	5	53

Marin home prices climb 1.7 percent in September to an average selling price just over $1 million, sales down slightly during same period.

Prices of single-family homes were up 1.7 percent in September compared with August, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, five posted increases, with an average home price of $1,013,992. Fairfax Kentfield, Ross and Tiburon posted the biggest monthly increases. The pace of home sales for September was down somewhat, 167 vs. 175 in August.

The average selling price for a single-family home in Marin dropped to $996,485 in the three months ended September 30, 2011, down 5.6 percent from the second quarter. Marin home sales declined 6 percent during the same period.

Marin home prices were down 1 percent in September compared with last year, $1,013,992 vs. $1,025,135. During the same period, the pace of Marin home sales was up 13 percent, 175 last month vs. 154 in 2010.

Area	Average Sale Price	Median Sale Price	Total Sales	Avg. DOM
All Marin	$1,013,992	$775,000	167	95
Belvedere	N/A	N/A	0	N/A
Corte Madera	$814,569	$825,000	13	61
Fairfax	$719,500	$675,000	5	42
Greenbrae	$1,253,000	$1,280,000	5	78
Kentfield	$1,865,833	$1,485,000	6	137
Larkspur	$745,900	$805,000	5	136
Mill Valley	$943,975	$835,000	20	82
Novato	$557,158	$550,000	35	102
Ross	$3,456,692	$3,265,885	4	147
San Anselmo	$612,250	$627,000	4	92
San Rafael	$741,749	$650,000	39	86
Sausalito	$1,243,125	$1,312,500	8	107
Tiburon	$2,432,417	$1,976,000	12	133

Marin home prices up 1 percent last month from the previous, the number of home sales was up marginally during the same period.

Prices of single-family homes were up 1 percent in August compared with July, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, five posted increases, with an average home price of $997,462. Ross, Sausalito and Tiburon posted the biggest monthly increases. The areas hit hardest were Belvedere, Corte Madera, Novato and San Anselmo. The pace of home sales for August was about the same, 175 vs. 173 in July.

Marin home prices were up 3 percent in August compared with last year, $997,462 vs. $971,115 in August 2010. During the same period, the pace of Marin home sales was up a whopping 23 percent, 175 last month vs. 137 in 2010.

As in months past, the Marin real estate market’s latest figures remain tepid. Sustained uncertainty about the U.S. economy is cooling the market. This lukewarm environment has resulted in a stalled housing market. Still, Marin is much better off than other parts of the country. Marin home prices remain stable, yet some areas are faring better than others. For buyers, prices are down dramatically from the recent peak and interest rates remain low. It’s a winning scenario for homebuyers.

Area	Average Sale Price	Median Sale Price	Total Sales	Avg. DOM
All Marin	$997,462	$777,903	175	75
Belvedere	$2,556,250	$2,475,000	4	175
Corte Madera	$782,106	$777,500	11	67
Fairfax	$519,667	$450,000	3	51
Greenbrae	$1,314,750	$1,325,000	4	20
Kentfield	$1,116,667	$1,000,000	3	90
Larkspur	$1,394,375	$957,000	8	93
Mill Valley	$1,229,665	$1,125,000	20	93
Novato	$566,031	$520,000	37	76
Ross	$1,453,750	$1,402,500	4	80
San Anselmo	$815,917	$761,000	12	50
San Rafael	$847,145	$690,000	35	69
Sausalito	$1,704,600	$1,840,000	5	77
Tiburon	$1,946,021	$1,572,500	12	84

Marin home prices fell 8 percent last month over previous month, the number of home sales declined 24 percent during the same period.

Prices of single-family homes were down 8 percent in July compared with June, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, eight posted decreases, with an average home price of $985,677. The pace of home sales were down sharply, 24 percent for the same period.

Marin home prices were down 7.5 percent in July compared with the same month last year. During the same period, the volume of Marin County home sales was exactly the same, 173 last month vs. 173 in July 2010.

Marin home sales have been trending up, but the shaky economy is certainly putting pressure on the housing market. So far the turmoil has made for very attractive mortgage rates. Low rates and lower home prices have been the driving force in our real estate market this spring/summer. However, the momentum we have been experiencing could lose some steam with these latest developments.

Area	Average Sale Price	Median Sale Price	Total Sales	Avg. DOM
All Marin	$985,677	$760,000	173	87
Belvedere	$2,971,300	$3,010,000	5	219
Corte Madera	$851,889	$865,000	9	86
Fairfax	$568,800	$563,000	10	60
Greenbrae	$1,182,125	$1,175,000	3	89
Kentfield	$1,217,167	$1,259,000	3	123
Larkspur	$1,421,121	$1,180,000	6	36
Mill Valley	$1,253,990	$945,000	27	49
Novato	$635,837	$612,000	32	116
Ross	$1,026,667	$975,000	3	94
San Anselmo	$1,007,591	$706,000	11	69
San Rafael	$750,906	$643,000	41	67
Sausalito	$1,068,500	$997,500	4	65
Tiburon	$1,645,540	$1,578,500	11	78

Marin home prices were mixed last month over previous month, the number of home sales increased 23 percent during the same period.

Prices of single-family homes were mixed; avg. down 1 percent, median up 5 percent in June compared with May, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, nine posted increases, with an average of $1,070,973. The pace of home sales were up 23.5 percent for the same period.

The average selling price for a single-family home in Marin climbed to $1,056,097 in the three months ended June 30, 2011, up 12.6 percent from the first quarter. Marin home sales rose 44 percent during the same period.

Marin home prices were up 4 percent in June compared with the same month last year. During the same period, the volume of Marin County home sales was slightly less, 215 last month vs. 224 in June 2010.

While Marin’s average home price is down from last month, June is still the next highest for 2011, only second to May’s $1,080,318 record high and the median of $825,000 is a new record for the year. In addition, average days on market are much improved, 76 last month vs. 90 in May – another new record for the year. These, along with the large increase in the number of sales, are further signs that the Marin housing market appears to be heading higher, albeit slower than we’d like.

Area	Average Sale Price	Median Sale Price	Total Sales	Avg. DOM
All Marin	$1,070,973	$825,000	215	76
Belvedere	$2,680,000	$2,550,000	3	45
Corte Madera	$964,867	$990,000	15	57
Fairfax	$568,403	$560,000	13	79
Greenbrae	$1,149,857	$1,129,000	7	31
Kentfield	$2,311,722	$1,975,000	9	60
Larkspur	$1,222,800	$850,000	5	38
Mill Valley	$1,254,584	$980,000	33	71
Novato	$618,895	$550,000	43	87
Ross	$1,963,000	$1,800,000	3	31
San Anselmo	$1,049,218	$949,000	20	78
San Rafael	$809,324	$679,500	42	79
Sausalito	$1,347,143	$1,275,000	7	33
Tiburon	$2,124,978	$2,252,500	9	96