Is Marin County, 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, 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.
Housing Prices in Marin County, CA
How much do homes in Marin County, CA cost?
Median Sold Price
$1,423,155
$774/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Marin County have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Marin County was $1,423,155 in April 2024, down 3.4% from last year, and the median price per square foot was $774.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $615K | $521K | -15.3% |
| 2 Bedrooms | $875.8K | $862.5K | -1.5% |
| 3 Bedrooms | $1.4M | $1.3M | -7.1% |
| 4 Bedrooms | $1.9M | $1.8M | -3.0% |
| 5+ Bedrooms | $2.8M | $2.8M | -0.7% |
Summary: Marin County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.3%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Counties
| Sonoma County | $786.2K | $801.3K | +1.9% |
| San Francisco County | $1.4M | $1.3M | -1.4% |
| Marin County | $1.4M | $1.4M | -3.4% |
Housing Supply in Marin County, CA
How many homes are available in Marin County, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 541 | 724 | +33.8% |
Summary: The Marin County real estate market had 724 homes for sale in April 2024, a 33.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 36 | 41 | +13.9% |
| 2 Bedrooms | 117 | 145 | +23.9% |
| 3 Bedrooms | 177 | 235 | +32.8% |
| 4 Bedrooms | 133 | 194 | +45.9% |
| 5+ Bedrooms | 78 | 109 | +39.7% |
Summary: The Marin County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.9%, 2 bedroom homes increased by 23.9%, 3 bedroom homes increased by 32.8%, 4 bedroom homes increased by 45.9%, and 5+ bedroom homes increased by 39.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 142 | 180 | +26.8% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
109 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marin County, you could pay more than the asking price. 60.6% of homes here sold above asking price last month.
Summary: A total of 180 homes were sold or pending in Marin County in April 2024, up by 26.8% month-over-month. Of the 180 sold homes, 26% were sold under asking, 14% were sold at asking, and 61% were sold over asking.
Days on Market for Marin County, CA
How long does it take to sell a home in Marin County, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 30 Days | +12.2% |
Summary: Homes in Marin County had an average of 30 days on market in Apr 2024, up by 12.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marin County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 180 homes were sold in Marin County; 2% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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