Is San Rafael, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, San Rafael has remained a Seller's Market.
Housing Prices in San Rafael, CA
How much do homes in San Rafael, CA cost?
Median Sold Price
$1,312,200
$699/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in San Rafael was $1,312,200 in April 2024, down 1.9% from last year, and the median price per square foot was $699.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $417.5K | $395K | -5.4% |
2 Bedrooms | $817.5K | $584K | -28.6% |
3 Bedrooms | $1.3M | $1.2M | -7.0% |
4 Bedrooms | $1.7M | $1.6M | -3.0% |
5+ Bedrooms | $2.3M | $2.0M | -11.2% |
Summary: San Rafael housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 11.2%.
Median Sold Price Compared To Nearby Cities
Larkspur | $1.6M | $1.8M | +10.8% |
San Anselmo | $1.5M | $1.6M | +8.3% |
San Rafael | $1.3M | $1.3M | -1.9% |
Housing Supply in San Rafael, CA
How many homes are available in San Rafael, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
145 | 184 | +26.9% |
Summary: The San Rafael real estate market had 184 homes for sale in April 2024, a 26.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 26 | +23.8% |
2 Bedrooms | 39 | 41 | +5.1% |
3 Bedrooms | 48 | 51 | +6.3% |
4 Bedrooms | 30 | 48 | +60.0% |
5+ Bedrooms | 7 | 18 | +157.1% |
Summary: The San Rafael housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.8%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 157.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 44 | +10.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in San Rafael in April 2024, up by 10.0% month-over-month. Of the 44 sold homes, 20% were sold under asking, 7% were sold at asking, and 73% were sold over asking.
Days on Market for San Rafael, CA
How long does it take to sell a home in San Rafael, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 13 Days | +62.5% |
Summary: Homes in San Rafael had an average of 13 days on market in Apr 2024, up by 62.5% 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 April 2024, 44 homes were sold in San Rafael; 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.