Spring has sprung in Marin, along with a strong feeling of optimism. All of Marin's K-12 schools are operating in-person now, and families and teachers are delighted to be back.
While the county remains in the Orange Tier 3 for now, Marin has met the Yellow Tier 4 criteria for one week. If the county’s data continues to improve, Marin could move into Tier 4 as early as Wednesday, April 21. The state of California is doing well, too. If these trends continue, the California Department of Public Health has announced that all industries will be permitted to reopen fully on June 15.
Marin County has one of the highest percentages of vaccinated residents in the state. As of April 15, everyone 16 and older are eligible to get the Covid vaccine. Marin residents who have been struggling to schedule vaccination appointments can call a new Access Service Call Center at 833-641-1988 between 8 a.m. and 5 p.m. weekdays to get assistance from a live human being.
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Real Estate
Market Report
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This summary and the following charts prepared by Compass' Chief Market Analyst, Patrick Carlisle, describe how Covid has affected the Bay Area real estate market over the past year:
"The first two months of 2021 saw year-over-year, median house
sales price increases of 8% to 29% depending on county.
With the recovery from the initial April-May 2020 crash in
activity, home sales of all prices and property types increased 6%
in the 12 months since March 15, 2020.
Since shelter-in-place was first introduced, luxury home sales
were up 40% year-over-year and ultra-luxury home sales were up
59%.
The 12 biggest sales in the greater Bay Area over the past year
ranged from $20 million to $35 million. Pebble Beach in
Monterey County, with 4 sales, had the highest number of these.
The 12 highest priced listings currently on the market range in
asking price from $32 million to $135 million. Eight are located in
the circle of very expensive communities surrounding Stanford
University.
The months-supply-of-inventory level for Bay Area single family
dwellings is at its lowest point in at least 15 years.
Median days-on-market for Bay Area single family dwellings are
at their lowest in at least 30 years."
Covid has taken a tremendous toll, but the local real estate market has never been more robust.
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Luxury isn't defined by the price of the home,
but by the quality of our services
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Available | 4709 Paradise Drive, Tiburon | Offered at $5,865,000
Coming Soon | 58 Beach Road, Belvedere | Offered at $5,200,000
Coming Soon | 74 Baywood Avenue, Ross | Price to be determined
Pending | 20 Fair Drive, San Rafael | Offered at $1,375,000
Sold | 51 Mercury Avenue, Tiburon | Offered at $2,707,000
Sold | 240 Trinidad Drive, Tiburon | Offered at $3,275,000
Sold | 6 Amicita Avenue, Mill Valley | Offered at $1,625,000
Sold | 421 Crown Road, Kentfield | Offered at $5,995,000
Sold | 18135 State Rte Hwy 1, Marshall | Offered at $3,295,000
Sold | 21 Teaberry Lane, Tiburon | Offered at $2,800,000
Sold | 1082 Flagship Drive, Vallejo | Offered at $745,000
Sold | 202 Valley Street, #5, Sausalito | Offered at $3,500,000
Sold | 3300 Paradise Drive, Tiburon | Offered at $7,900,000
Sold | 2236 Mar East Street, Tiburon | Offered at $2,650,000
Sold | 52 Linda Vista Avenue, Tiburon | Offered at $3,300,000
Sold | 65 De Silva Island, Mill Valley | Offered at $1,995,000
Sold | 39 Reed Ranch Road, Tiburon | Offered at $1,795,000
Leased | 15 Linda Vista Avenue, Tiburon | $6,500/mo
Leased | 27 Meadow Hill Drive, Tiburon | $10,250/mo
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For more sales, off market listings, and properties coming soon,
Please call, email, or v
isit SmithAylwin.com
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With decades of award-winning real estate experience, the Smith + Aylwin team is dedicated to helping you achieve your real estate goals. We encourage you to visit our website for more information and resources. Our team is always available by phone, text, email, zoom, and social media. Please reach out if we can be of assistance in any way.
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We look forward to talking with you soon!
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Bill Smith
Luxury Property Specialist
Luxury Property Specialist
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© Compass 2021 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Equal Housing Opportunity.
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