Real Estate
Market Report
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Open Houses are back! Some restrictions still apply, including masks, signing in, and limitations on the number of visitors allowed at one time.
With the end of the school year approaching and summer travel once again possible, there is speculation about a return to pre-covid seasonal patterns and a summer lull. But demand remains extraordinarily high and inventory is still at historic low levels, so the Marin market is likely to remain very active.
The latest statistics continue to confirm what a tremendous investment Marin real estate is. Below is a summary of the y
ear-to-date and year-over-year changes, c
omparing January-April 2021 with January-April 2020, and charts illustrating the inexorable growth in Marin real estate values.
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Median sales price: +24%
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Median price per square foot: +23%
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Sales volume: +105%
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Luxury home sales ($3,000,000+): +277%
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Median days on market: down to 16 from 29 days
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Percent of sales over list price: up to 65% from 39% of sales
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Median percentage of sales price to list price: up to 103.3% from 100% of list price
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Median sales price: +8%
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Median price per square foot: +10%
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Sales volume: +43%
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Median days on market: down to 32 from 34 days
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Percent of sales over list price: down to 37% from 41% of sales
- Median percentage of sales price to list price: constant at 100% of list price
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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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Offered at $3,895,000 - Pending
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298 Bella Vista Avenue, Belvedere
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27 Bellevue Avenue, Belvedere
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4709 Paradise Drive, Tiburon
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138-142 Rock Hill Drive, Tiburon
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37 Stevens Place, San Rafael
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3 Via Paraiso West, Tiburon
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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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