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 April 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

$1,250,500

$755/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$14,500(-1.1%)

Key Takeaway

Homes in Northwest Marin have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Northwest Marin was $1,250,500 in April 2024, down 1.1% from last year, and the median price per square foot was $755.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $835K$475.5K
-43.1%
2 $1.0M$1.2M
+14.2%
3 $1.3M$1.2M
-6.4%
4 $1.8M$1.1M
-37.8%
5+ $4.8M$3.0M
-36.7%

Summary: Northwest Marin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.1%, 2 bedroom homes increased by 14.2%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 37.8%, and 5+ bedroom homes decreased by 36.7%.

Housing Supply in Northwest Marin, CA

How many homes are available in Northwest Marin, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2737+37.0%

Summary: The Northwest Marin real estate market had 37 homes for sale in April 2024, a 37.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 710
+42.9%
3 911
+22.2%
4 69
+50.0%
5+ 56
+20.0%

Summary: The Northwest Marin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northwest Marin, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Northwest Marin in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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 14 Days Ago

Newest Listings in Northwest Marin, CA

Nearby Markets to Northwest Marin, CA

What housing markets are near Northwest Marin, CA?