The graph below breaks down the current number of homes for sale in Marin County, California, as of February 26, 2007, along with the price ranges for each town/city:
Marin Single Family Homes For Sale
Homes for Sale (Active Listings)
The number of homes for sale is edging upwards as the year progresses-countywide, there are 459 active listings. The high point (in terms of the sheer number of homes for sale in Marin County) will likely be May. While the number of homes for sale has gone up, it is still very low historically (especially in Larkspur, which has only 5 active listings).
There are a couple anomalies in the above graph. For example, while both Ross and Kentfield each have one listing in the $600K range, both of these homes are quite small-and the next lowest priced homes are much higher priced (In Ross, $949,000 and in Kentfield, $1.345 million). One would think these small homes are great bargains, given their locations.
Some other observations: the average listing price of homes in Kentfield is currently over $4 million; the average listing price of homes in Belvedere is well over $6 million; on the other hand, Novato has 37 homes under $800,000, with an average asking price of $692,000 and average time on market over 60 days. The largest spread in price range belongs (again) to Corte Madera, as the Bill Graham Estate on 11 acres remains Marin's highest priced active listing at $27 million.
If you desire a more specific analysis of your neighborhood, please give me a call at (415) 350-9440.