Prices for single family homes in Marin took a breather over the summer, with the Median Price dropping by 4%. There typically is a slump in prices after a spring run up, but it may be that we have reached the limit of affordability for many buyers. Condos prices, on the other hand, crept up by 1%.
In a big change from Q2, when homes were selling on average 4% above list prices, this quarter, they sold 10% below list prices!
For more details along with a look at how prices have changed quarter-by-quarter, 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, 415-299-0487
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