Is Southeast Marin, 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, 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
$2,046,666
$1,020/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Southeast Marin have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Southeast Marin was $2,046,666 in April 2024, down 2.5% from last year, and the median price per square foot was $1,020.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $665K | $662K | -0.5% |
| 2 Bedrooms | $1.2M | $1.3M | +8.3% |
| 3 Bedrooms | $2.0M | $1.9M | -6.4% |
| 4 Bedrooms | $2.7M | $3.1M | +14.3% |
| 5+ Bedrooms | $4.4M | $4.1M | -7.7% |
Summary: Southeast Marin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Corte Madera | $1.7M | $1.7M | 0% |
| Mill Valley | $2.0M | $2.0M | -1.5% |
| Southeast Marin | $2.1M | $2.0M | -2.5% |
| Sausalito | $1.8M | $1.3M | -25.2% |
Housing Supply in Southeast Marin, CA
How many homes are available in Southeast Marin, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 142 | 186 | +31.0% |
Summary: The Southeast Marin real estate market had 186 homes for sale in April 2024, a 31.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 27 | 40 | +48.1% |
| 3 Bedrooms | 43 | 58 | +34.9% |
| 4 Bedrooms | 35 | 45 | +28.6% |
| 5+ Bedrooms | 32 | 39 | +21.9% |
Summary: The Southeast Marin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 48.1%, 3 bedroom homes increased by 34.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 21.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 37 | 42 | +13.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Marin, you could pay more than the asking price. 45.2% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in Southeast Marin in April 2024, up by 13.5% month-over-month. Of the 42 sold homes, 38% were sold under asking, 17% were sold at asking, and 45% were sold over asking.
Days on Market for Southeast Marin, CA
How long does it take to sell a home in Southeast Marin, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 29 Days | +41.5% |
Summary: Homes in Southeast Marin had an average of 29 days on market in Apr 2024, up by 41.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southeast Marin are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 42 homes were sold in Southeast Marin; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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