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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Marin is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Southeast Marin, CA

How much do homes in Southeast Marin, CA cost?

Median Sold Price

$2,050,000

$1,015/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$113,750(-5.3%)

Key Takeaway

Homes in Southeast Marin have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in Southeast Marin was $2,050,000 in March 2024, down 5.3% from last year, and the median price per square foot was $1,015.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $665K$669K
+0.6%
2 $1.3M$1.3M
+5.8%
3 $2.1M$1.9M
-11.6%
4 $2.7M$3.2M
+14.7%
5+ $4.4M$4.0M
-10.6%

Summary: Southeast Marin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 5.8%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes decreased by 10.6%.

Median Sold Price Compared To Nearby Cities

Corte Madera
0%
Mill Valley
-2.4%
Southeast Marin
-5.3%
Sausalito
-30.5%

Housing Supply in Southeast Marin, CA

How many homes are available in Southeast Marin, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
100136+36.0%

Summary: The Southeast Marin real estate market had 136 homes for sale in March 2024, a 36.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 75
-28.6%
2 1926
+36.8%
3 3040
+33.3%
4 2836
+28.6%
5+ 1629
+81.3%

Summary: The Southeast Marin housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 36.8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 81.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1836+100.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Marin, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in Southeast Marin in March 2024, up by 100.0% month-over-month. Of the 36 sold homes, 42% were sold under asking, 14% were sold at asking, and 44% were sold over asking.

Days on Market for Southeast 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 23 Days Ago

Newest Listings in Southeast Marin, CA

Nearby Markets to Southeast Marin, CA

What housing markets are near Southeast Marin, CA?