Is Northwest Marin, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Northwest Marin has remained a Buyer's Market.
Key Takeaway
Northwest Marin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Northwest Marin, CA
How much do homes in Northwest Marin, CA cost?
Median Sold Price
$1,250,500
$764/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Northwest Marin have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Northwest Marin was $1,250,500 in May 2024, up 3.3% from last year, and the median price per square foot was $764.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $835K | $475.5K | -43.1% |
| 2 Bedrooms | $950K | $1.2M | +26.3% |
| 3 Bedrooms | $1.2M | $1.2M | +5.4% |
| 4 Bedrooms | $1.8M | $1.2M | -36.5% |
| 5+ Bedrooms | $4.8M | $3.3M | -31.2% |
Summary: Northwest Marin housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.1%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 36.5%, and 5+ bedroom homes decreased by 31.2%.
Housing Supply in Northwest Marin, CA
How many homes are available in Northwest Marin, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 44 | +25.7% |
Summary: The Northwest Marin real estate market had 44 homes for sale in May 2024, a 25.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 13 | +44.4% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Northwest Marin housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Marin, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Northwest Marin in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Northwest Marin, CA
We’re sorry, we don't have information for this market at the moment
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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