In spite of very rainy, wet weather, Marin single family home buyers were buying in March. Median sold prices rose for both homes and condominiums, with homes rising just slightly from $1,461,000 to $1,468,000 and condominiums jumping from $668,000 to $729,000.

Single Family Homes:
The three-month rolling average median sales price of $1,468,000 is up 9.7% over last year’s.

Year-to-date, new listings are down 14% while sales are up 6.9%.

March’s inventory of 1.9 months is 14% lower than in 2017.

The median percent of list price received was 100% in March.

Condominium/Townhomes:
The three-month rolling average median sales price of $729,000 is up 14% over last year’s.

Year-to-date, new listings are down 18% while sales were down 32%.

March’s inventory of 2.2 months is 57% higher than in 2017.

The median percent of list price received was 100% in March.