Is Southeast 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, Southeast Marin has remained a Seller's Market.
Housing Prices in Southeast Marin, CA
How much do homes in Southeast Marin, CA cost?
Median Sold Price
$2,056,250
$1,019/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Southeast Marin was $2,056,250 in May 2024, down 2% from last year, and the median price per square foot was $1,019.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $676.2K | $655K | -3.1% |
2 Bedrooms | $1.3M | $1.3M | +5.8% |
3 Bedrooms | $1.9M | $1.9M | +1.9% |
4 Bedrooms | $2.8M | $3.1M | +12.1% |
5+ Bedrooms | $4.3M | $4.0M | -6.3% |
Summary: Southeast Marin housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Cities
Mill Valley | $2.0M | $2.0M | +2.4% |
Corte Madera | $1.7M | $1.7M | +1.0% |
Bolinas | $2.6M | $2.5M | -1.7% |
Southeast Marin | $2.0M | $2.0M | -2.0% |
Sausalito | $1.5M | $1.4M | -8.7% |
Housing Supply in Southeast Marin, CA
How many homes are available in Southeast Marin, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
186 | 222 | +19.4% |
Summary: The Southeast Marin real estate market had 222 homes for sale in May 2024, a 19.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 7 | +75.0% |
2 Bedrooms | 42 | 45 | +7.1% |
3 Bedrooms | 57 | 76 | +33.3% |
4 Bedrooms | 45 | 56 | +24.4% |
5+ Bedrooms | 38 | 38 | 0.0% |
Summary: The Southeast Marin housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 64 | +48.8% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Southeast Marin in May 2024, up by 48.8% month-over-month. Of the 64 sold homes, 42% were sold under asking, 5% were sold at asking, and 53% were sold over asking.
Days on Market for Southeast Marin, CA
How long does it take to sell a home in Southeast Marin, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 14 Days | -17.6% |
Summary: Homes in Southeast Marin had an average of 14 days on market in May 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 64 homes were sold in Southeast Marin; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.