Housing stats for Marin County 11/07/09 to 1/09/09…

February 16, 2009 by admin

Marin county as a whole looks good but there is ALOT of inventory. You can buy property at a 45-50+% discount depending on location. In Novato condo shortsales are rampant with an average sales price of $269K (vs $515K a year ago!) San Rafael comes in at $230K (peaking at $636K in the first quarter of 2007). Mill Valley is of course still doing well holding at $968K.

Marin county as a whole has 11.6 months of inventory!! Holy cow. If you are looking for a place in Marin county but aren’t finding the right one you are not in the game and what are you waiting for?Please keep in mind that there is a huge disparity between Marin City and East San Rafael to Mill Valley or Stinson for that matter. Higher priced homes are taking longer to sell but they are definitely selling. Homes under $400 are flooding the market.

Average price for a home in Marin County is $863K - in late 2007 it was $1.238M.

Homes in Marin stay on the market on average of 4 months vs in Contra Costa takes 60 days and Alameda County a little under 2 months. Price is everything no matter what the location.

If you’d like micro market information simply email us the location you are interested in and we’ll send information on over.

If you are interested in Alameda Stats, Contra Costa Stats, Marin County Stats or the town of Mill Valley make sure to click the links.