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Marin Median Home Price Tops $1 million in Jan

The price of single family homes in Marin County rebounded in January. The median home price for Marin County homes was $1,083,000, up 14% from Marin's January 2007 median home price of $950,000 and up 24.55% from Marin's median home price of $869,500 in January 2006.

There was a 30% decline in the number of units sold in January 2008 as compared to January 2007.

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Posted by Ginger Wilcox, Marin County Realtor on 02/04/2008 10:44 PM

Comments (9)

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9 Comments on Marin Median Home Price Tops $1 million in Jan

FEB

2008

Ginger- Ah, it has been a very long time since I have been to Marin County. Prices are still way high there! I was born in Stanford Hospital, lived in Menlo Park, San Francisco, Santa Rosa, Sacramento, Elverta and Sonoma.

Ginger, Looks like good news, now the sold figure needs to make a comeback. One day I would love to visit your area again!

Ginger

FEB

2008

Ginger... Your area is skyrocketing.... Sales volume in most areas is down substantially but around here we are not seeing the huge price increases, only a modest few percent.

I can't believe how wealthy of the area you work in is. Lifestyles of the Rich and Famous....do you have any famous people in your backyard.

Ginger, I loved what I was able to see of Marin County, it is such a beautiful area! I'm not surprised the home prices haven't fallen there.

Ginger - Those are some impressive figures! Not to shabby selling in an area where the median is over a Million :)

FEB

2008

KATERINA- You have been around my area a lot. It is amazing that a "starter" home costs a mill!

GINGER- It is a great place to visit, and to live. I guess that is why the property values remain high!!

DAN- We have such limited supply, which is very unusual for the majority of the country. That has been keeping our home values stable.

LARRY- Lots of famous people! Sean Penn, George Luca, Hughie Lewis, Carolos Santana, many more I can't even think of. Most of the money is not celebs, but finance people.

CAROLE- It is absolutely one of the most beautiful places in the country. Of course, I may be slightly biased!

BILL- Yes, it does make it easier. I sold real estate in Arizona, and had to do a lot more volume. Of course, there was a lot more volume to do!

FEB

2008

That is pretty a pretty nice number considering the "Market" the news says were in.

Have a good day,

FEB

2008

JEFF- You are right. The real news needs to come from the local experts- not the media.

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