Is Marin County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marin County is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Marin County has remained a Seller's Market.

Key Takeaway

Marin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Marin County, CA cost?

Median Sold Price

$1,501,625

$840/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$107,759(+7.7%)

Key Takeaway

Homes in Marin County have sold for 7.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $575K$620K
+7.8%
2 $886.7K$922.5K
+4.0%
3 $1.3M$1.4M
+9.3%
4 $1.8M$1.9M
+6.7%
5+ $2.7M$2.9M
+7.2%

Median Sold Price Compared To Nearby Counties

Sonoma County
+8.4%
Marin County
+7.7%

How many homes are available in Marin County, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
617540-12.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 3435
+2.9%
2 137126
-8.0%
3 198169
-14.6%
4 188158
-16.0%
5+ 6052
-13.3%

Number of Homes Sold

Oct 2022Nov 2022%
181147-18.8%

Asking Price vs. Sold Price

84 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

43 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marin County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
32 Days29 Days-7.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marin County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Marin County, CA

Homes for sale in Marin County, CA have reached 540. In November 2022 in Marin County, CA there were 12.5% less homes for sale than in October 2022. The median list price of listings available in November 2022 was $1,501,625, while the average time on the real estate market was 29 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 7.8%, prices of 2 bedrooms properties went up by 4%, the cost of 3 bedrooms properties went up by 9.3%, the cost of 4 bedrooms properties went up by 6.7%, 5 bedrooms properties prices increased by 7.2%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory increased by 2.9%, the quantity of 2 bedrooms homes went down by 8%, number of 3 bedrooms homes decreased by 14.6%, 4 bedrooms homes became 16% less available, number of 5 bedrooms homes decreased by 13.3%. While more than 43 listings in Marin County, CA in November 2022 were sold above asking price, there were more than 20 listings sold at asking price, and more than 84 were sold below.

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