A Glance at Marin Real EstateHome sales in Marin rose in September and were up year over year more than thirty-five percent. However, prices dropped last month, down more than fifteen percent from the previous year. Compared to the month before, where the median price was down more than three percent.
Sales of Marin condos continued their rise, moving up nearly one hundred fifty percent year over year. Nevertheless, the median price of a condo in Marin fell over fifteen percent compared to the month before and dropping almost fifty percent compared to a year ago.
Belvedere home sales have risen more than thirty percent compared to a year ago. The median price is down over five percent, while the average price has risen more than fifteen percent. The average price for a home in Mill Valley is also up more than fifteen and the median price is up as well, nearly two percent. Larkspur sales are up one hundred fifty percent and both the average and median price are up more than sixty percent. Corte Madera home sales are up fifty percent from the previous year, with the average price (+10%) and median price (+6%) also increasing. Greenbrae has seen a one hundred percent increase in sales, however, the median and average price both fell more than twenty percent.
As previously reported, Novato has been the area in Marin hit the hardest by foreclosure. Novato has a two hundred twenty-eight percent increase in sales, but the average price and median price continue to fall, with both declining more than twelve percent compared to the previous year. Kentfield home sales continue to fall at an over sixty-five percent decrease, with average and median prices also dropping more than fifty-five percent. Other areas with decling sales, median price / average price are Tiburon, Sausalito, San Rafael and Fairfax.
Currently, Belvedere boasts the highest average price at more than four million dollars and a median price of over 3.5 million. An average price for a home in Tiburon is more than 3.2 million dollars, with a median price of $1.8 million. Mill Valley is next is line with a $1.6 million dollar average and a 1.3 million median. Other areas in Marin County where the average price remains more than a million dollars follow in order of highest to lowest - Larkspur, Corte Madera, Sausalito and San Anselmo. Areas where the average price remains more than $900,000 are San Rafael, Greenbrae, Kentfield.
This week I will be featuring an easy search for Mill Valley Homes:
Mill Valley Homes - Under $1,000,000
Mill Valley Homes - $1,000,000 to $1,500,000
Mill Valley Homes - $1,500,000 to $2,500,000
Mill Valley Homes - $2,500,000 to $5,000,000
Mill Valley Homes Over $5,000,000