Home Prices Dip in Marin County

By
Real Estate Agent with Marin Realty Experts

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 spring, but for buyers in that price range, house hunting -- and coming away with the winning offer --  may have finally gotten a bit easier.

For more details, along with a chart showing single family and condo prices in Marin over the past 10 years, click here 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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Marin County
Tags:
market update
marin county
real estate prices
real estate

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
85,773
Scott W. Johnson
Marindependent Insurance Services LLC - Mill Valley, CA
Insurance Broker-Agent

I am sure that will not last here in Marin County.

Mar 29, 2017 05:58 PM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
72,270

Peter Nielsen

Ask me a question
*
*
*
*
Spam prevention

Additional Information