2008 is in the books - and I have compiled Marin County's stats below.
Overall, our Multiple Listing Service, BAREIS, reported 1,839 transactions in the County of Marin in 2008. This figure includes single family homes, condo/townhomes, business opportunities, farms and vacant land. The total 1,839 transactions represent a 20% decrease from the total figure of 2,717 reported in 2007.
1,543 single family (detached) homes were reported sold in 2008. That figure is down 18% from the 2007 figure of 1,998 homes. While average sales prices held strong for the first quarter of 2008, by the end of the year the average sales price had dropped 24% to $1,055K.
499 condo/townhomes sold in Marin County in 2008. This is about even with the 501 units sold in 2007. The average sales price fell 30% to $365K.
For more information, please feel free to contact me.
Mitch Todd/Realtor(R)
owner, Tam Realty
415-259-7082
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