marin county: Marin Home Prices Drop in Q4
- 01/15/21 05:54 PM
The real estate market in Marin cooled off during the last quarter of the year. Where prices of single family homes in the previous quarter had risen 21% year-over-year, that percentage has dropped to 7% this quarter. That is due to a 9% drop in the median price in Q4 ($1,405,000) compared with Q3 ($1,547,250). The median price a year ago was $1,310,000, which still leaves us 7% higher for the year.
In Q3, the annual increase in the price of condos was 15%. That annual percentage increase had dropped to 9% in Q4 thanks to a 4% drop in the median price of condos from … (1 comments)
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marin county: Home Prices Dip in Marin County
- 01/16/17 05:53 PM
For the second quarter in a row, single family home prices in Marin have gone down! In the 3rd quarter they were down by 4% and they dropped by another 4% in the last quarter of 2016.
Condo prices, though, held steady with virtually no change from the previous quarter.
The biggest change this past quarter is that it has shifted from a Sellers Market to a Buyer’s Market for homes priced over $1,250,000. This is the first time we’ve seen a buyer’s market in any price range in Marin for years! This may not last as things generally heat up in the … (1 comments)
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marin county: Marin Home Price: $1.1M
- 09/21/16 09:48 AM
I'm quoted in the front page story of today's Marin Independent Journal that talks about how the median home price in Marin County is up 14% from August of 2015. To read the article and my comments, clck here.
Peter Nielsen
Peter@MarinRealtyExperts.com
… (1 comments)
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marin county: Marin County Real Estate Update - Q2 2016
- 07/15/16 02:00 AM
Prices continued their upward march in Q2 with the median price of single family homes up 9% from a year ago and condo prices up by 3%. Both were up a whopping 14% from the previous quarter.To see how the Marin real estate market performed in the 2nd quarter of 2016 along with a look at prices over the past 10 years, click here. Feel free to send me your comments or questions, and please give me a call if I can be of any assistance to you in buying, selling or leasing a home or income property in the North Bay.
Peter … (0 comments)
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marin county: Marin Real Estate Update - Q4 2015
- 01/18/16 02:58 AM
The Marin real estate market is back on the upswing again. To see how the Marin real estate market performed in the 4th quarter of 2015 along with a look at current conditions and charts that show quarterly and annual price trends, click here. Feel free to send me your comments or questions, and please give me a call if I can be of any assistance to you in buying, selling or leasing a home or income property in the North Bay.
Peter Nielsen, Peter@MarinRealtyExperts.com, 415-472-6243
… (2 comments)
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marin county: Marin County Real Estate Update - Q2 2015
- 07/09/15 04:44 AM
Prices for single family homes in Marin are up by 10% from a year ago, and up by 13% from the previous quarter. Condos are up by 17% from a year ago, and up by 12% from the previous quarter. While there are a few pockets where prices dipped from the previous quarter, there is not a single town where prices now are lower than they were a year ago. And distressed homes have nearly disappeared from the market altogether, with only a single such home listed for sale.
Sellers continue to have the upper hand, with fewer homes on the … (1 comments)
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marin county: Marin County Real Estate Update - Q1 2015
- 04/17/15 05:07 AM
Prices for single family homes in Marin are up by 4% from a year ago, but down by 1% from the previous quarter. With condos, just the opposite is true: prices are down 3% from a year ago, but up by 12% from the previous quarter. Novato has seen a surge in prices for single family homes, up 21% from a year ago, and up 13% from last quarter. Kentfield/Ross, Mill Valley and Sausalito single family homes all had gains both for the year and quarter. Condos in Tiburon/Mill Valley and San Rafael also have increased both from the previous year and previous quarter.
Sellers … (1 comments)
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marin county: Congratulations to Julie Favre, Trivia Question Winner
- 09/29/14 07:46 AM
Congratulations to Julie Favre, winner of last month's Trivia Question in Nielsen's Newsletter - my monthly emailed newsletter containing consumer and real estate news. Julie correctly answered "Stu Sutcliffe" to the question "Who was the original bassist for the Beatles, sometimes called the “fifth Beatle”? Today I'm mailing a Starbuck's gift card to Julia.
My September issue has just been released and this month's question is:
Where was the first Winter Olympics outside of Europe held?
a) Nagano, Japan
b) Vancouver, Canada
c) Lake Placid, United States
d) Calgary, Canada
If you're not on my subscription list … (0 comments)
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marin county: What a difference location makes!
- 07/24/13 03:08 AM
Zillow’s second quarter Real Estate Market Reports, released today, show home values in the U.S. increased 2.4% from the first quarter of 2013 to the second quarter of 2013 to $161,100. By contrast, for the same period in Marin County, prices increased 8% to $800,000, including condos. To see the Zillow report, go to http://www.zillowblog.com/research/2013/07/22/2013-spring-selling-season-was-hottest-since-2004-as-recovery-accelerates-widens/?goback=%2Egde_2190523_member_260193422. To see my Marin County report, go to www.MarinRealtyExperts.com/Current_Market_Report
Peter Nielsen, Peter@MarinRealtyExperts.com
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marin county: Marin Q2 Market Update - Prices Surge!
- 07/15/13 11:55 AM
Marin Q2 Market Update - Prices Surge!
If there was any doubt that 2013 is the year of recovery in the Marin real estate market, this 2nd quarter update should dispel that concern. Every town had a significant increase in both prices and volume from the previous quarter and all but the Kentfield/Ross market ended with prices considerably higher than the same quarter a year ago. The most dramatic increase was in condos – up by 57% from Q2-2012, with median price going from $296,500 to $464,500. Thirty-year mortgage rates hit a 2 year high at 4.5%. This combination of increasing … (0 comments)
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marin county: Happy New Year! Make this the year to aquire an income property.
- 01/06/13 09:29 AM
It's January 2, the holidays are over, and it's time to get back to work. The start of a new year brings with it a new world of possibilities. If you didn't take advantage of the low interest rates and low prices of 2012, why not make it a resolution to stop renting and buy that first home or invest in an income property this year? While interest rates look like they will remain low, prices have started to climb in many markets, but are still far below their peak, so it's not too late to make the investment that will reward … (0 comments)
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marin county: Rents are increasing in Marin County
- 11/08/11 09:32 AM
A report released this morning by the Independent Broker Network shows that rental prices in most towns and for most types of housing in Marin County are increasing.
The average rent for a 3 bedroom single family home in 2011 in various towns is as follows:
Novato $2,663
San Rafael 2,900
San Anselmo/Fairfax 3,706
Corte Madera/Mill Valley/Greenbrae/Larkspur 4,125
Sausalito 4,161
Belvedere/Tiburon 5,170
Kentfield/Ross 5,383
The average rent for a 2 bedroom condo is:
San Rafael/Novato $1,940
Corte Madera/Mill Valley/Tiburon/Larkspur/Sausalito 2,787
If you are interested in knowing the average rents for 2 or … (0 comments)
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marin county: Sausalito furnished bungalow for short-term rental
- 09/23/11 10:30 AM
If you're coming to the Bay Area, why not stay in colorful Sausalito, just north of the Golden Gate Bridge? This 2BR/1BA bungalow has views of San Francisco Bay, Mt. Tamalpais and Angel Island.
Fully furnished, it sleeps four with a queen-sized bed in the master bedroom and a full futon in the office/den. It's within walking distance of world class restaurants.
Enjoy all the amenities: a BBQ on the deck, flat screen TV in the nicely decorated living room, Blu Ray DVD, a wood burning fireplace and wireless internet.
The kitchen and bathroom are … (0 comments)
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marin county: Ideas from the California Assoc of Realtors Expo
- 09/21/11 04:34 PM
I spent the day today in San Jose at the California Association of Realtors Expo, attended a number of speaker sessions and took a tour of the exhibits from all the vendors gathered there. I learned about some of the trends and picked up some new technology tools. Some trends include increased use of mobile web computing and on-line video. Some of the tools include use of a site named WebsiteGrader that computes a score for the effectiveness of your website vs those of competitors and IssueBurner that allows issues recorded in email to be tracked to make sure they get resolved, … (5 comments)
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marin county: Marin Real Estate Update - Q2 2011
- 07/20/11 05:46 AM
The most significant development in the Marin County real eatate market in Q2 (April-June) is that the number of homes that sold was up 50% from the same quarter a year ago. This can be taken as an indicator that potential buyers who have been on the sidelines watching the market deteriorate have decided that now is the time to buy - while prices are still down from a year ago, and interest rates remain low.
Prices for single family homes are down by 5% from a year ago and the prices for condos are down 18% from a year ago. … (0 comments)
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marin county: Signed a 2-month lease for $15,000 on the Belvedere lagoon
- 06/30/11 02:14 PM
I represent the owner of a 2 bedroom / 2 bath home on the Belvedere lagoon in Marin County. Today another agent brought a full price offer of $7500/month for a 2-month stay while her client's home is being renovated. Handling rentals can be a lot of work, but with properties like this, it pays to be involved in that segment of the real estate market.
Peter Nielsen, Peter@MarinRealtyExperts.com
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marin county: Investor opportunity with Marin County builder - est. 35-47% ROI
- 01/31/11 08:45 AM
An award-winning Marin County builder is seeking an investor for a project to transform a distressed Tiburon home into an energy efficient, certified green 5BR/4BA luxury home. Anticipated costs include a purchase price of $1.1M + $775K development and construction costs + $75K contingencies = $1.9M.
The estimated sale price is $2-7-2.9M, yielding a 35-47% ROI over an 8 month or less period, based on the builder's calculations.
Contact me for details at 415-472-6243 or Peter@MarinRealtyExperts.com.
… (0 comments)
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marin county: Private waterfront rental on the Belvedere lagoon
- 01/11/11 07:47 AM
Enjoy the elite Belvedere lagoon, just a 5 minute walk to downtown Tiburon.
For details, visit 222 San Rafael Ave … (0 comments)
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marin county: I just sent out my electronic Happy Holidays card
- 12/23/10 05:22 AM
This year, I mailed traditional "Seasons Greetings" cards to about 40 of the clients that I have worked with over the past few years. Last night I sent out an electronic greeting card to over 800 people that I have come in contact with, thanking them for their business and referrals and wishing them happy holidays. This morning, I see that over 100 of them have been read.
I hope that the recipients enjoy getting such greetings, and don't consider them just more unwanted email! (I sometimes feel guilty if I get an animated seasonal greeting from a friend and don't take … (1 comments)
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marin county: Home Prices Rise Again in Marin County
- 08/20/10 11:09 AM
Home prices continue to rebound in Marin County where the median price for a single family home in July was up 5% to $760,000 from July of last year. The median price of condos is also up 7%, to $364,500. For the complete story as published in the Marn Independent Journal, click here.
Peter Nielsen, Peter@MarinRealtyExperts.com
… (1 comments)
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