Southern/Central Marin County Real Estate Report April 2018
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.