Marin closed out another year with higher home prices. Single family homes were up 10% from a year ago and condos were up 7%. Prices in a number of markets, though, were down from the previous quarter, which is not unusual during the 4th quarter.
Homes sold on average for 3% over their list prices.
It remains a Sellers Market in homes priced under $1,250,000. The segment above $1,250,000 remains a Balanced Market.
For a more detailed look at prices, with charts showing how they have changed quarter-by-quarter and over the past 10 years, click here. Feel free to send your comments or questions and please call if I can be of assistance to you in buying, selling or leasing a home or income propety in the North Bay.
Broker, Marin Realty Experts