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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northwest Marin is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Northwest Marin was a Seller'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

$1,255,000

$829/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$42,500(+3.5%)

Key Takeaway

Homes in Northwest Marin have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Northwest Marin was $1,255,000 in August 2024, up 3.5% from last year, and the median price per square foot was $829.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $810K$521K
-35.7%
2 $862.5K$850K
-1.4%
3 $1.2M$1.4M
+16.8%
4 $1.5M$1.2M
-21.0%
5+ $1.7M$3.0M
+76.8%

Summary: Northwest Marin housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.7%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 16.8%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes increased by 76.8%.

Housing Supply in Northwest Marin, CA

How many homes are available in Northwest Marin, CA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3433-2.9%

Summary: The Northwest Marin real estate market had 33 homes for sale in August 2024, a 2.9% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 1212
0.0%
3 1212
0.0%
4 33
0.0%
5+ 65
-16.7%

Summary: The Northwest Marin housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northwest Marin, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Northwest Marin in August 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

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

Report Updated 9 Days Ago

Newest Listings in Northwest Marin, CA

Nearby Markets to Northwest Marin, CA

What housing markets are near Northwest Marin, CA?