|
|
|
|
|
|
|
|
Your guide to real estate in Marin County and beyond
|
|
|
|
|
|
|
|
|
|
|
|
|
Before we dive into our marketing reports, stats, and so on, we'd like to take a moment to say hello! We've enjoyed working with so many of you through these exhilarating times. Last year, we brought Joe Hosni onto the team as our Director of Operations, and Joe has helped strengthen our infrastructure and plans for an even more exciting year ahead.
With Marin's spring real estate market almost upon us, we are monitoring local, regional, and national real estate markets, sales, and trends. Included below are links to Compass' Chief Market Analyst Patrick Carlisle's charts that illustrate the metrics we are tracking closely. We have access to a wealth of market analytics and are happy to share this information if you would like to dive deeper.
With decades of award-winning real estate experience, the Smith + Aylwin team is dedicated to helping you achieve your real estate goals. Feel free to reach out regarding your specific needs and questions. We're only a phone call, text, or email away and look forward to continuing the conversation.
Wishing you a healthy and rewarding 2024!
|
|
|
|
|
|
|
|
|
|
|
|
|
Anticipating a busy spring
|
|
While 2023 was a very strong year for the Smith + Aylwin team, Marin County saw fewer sales than expected overall. The Covid-fueled frenzy of the prior two years settled down by the summer of 2022, then other market factors kicked in to further suppress activity through 2023. Lingering high interest rates and general financial dynamics kept once-interested buyers at bay, and sellers locked in with historically low interest rates chose to stay put and put their energies into updating their current surroundings. The recent drop in interest rates and talk of an economic "soft landing" may paint a different picture for 2024.
FOR BUYERS - The next few weeks are a great time to make a move for those considering buying before interest rates drop and buyer demand increases. If you're looking to purchase in 2024, now would be the time to reach out to us to get the process started. Marin County's real estate market is known for its competitive nature, and being prepared and ready to act when the right house comes along is key.
FOR SELLERS - This is the ideal time to prep for what many expect to be a very robust spring market. With the lack of inventory, there are buyers at all price points looking, and more will be entering the market in the coming weeks and months. A general rule of thumb is to prioritize your property and keep it in great shape regardless of when you plan on selling. Doing so will give you a competitive edge when it comes time to sell ... regardless of the condition of the market.
|
|
|
|
We are huge fans of Compass' Chief Marketing Analyst, Patrick Carlisle and we follow his work closely. Below are eight flip books from Patrick's latest trove tracking our ever-changing markets; more are available upon request. Click on the links below for direct access to the flip books.
|
|
|
|
|
|
|
|
|
|
|
|
|
2023 Ultra Luxury Market Report
|
|
The end-of-year 2023 Ultra-Luxury Report is here! Of 79 U.S. markets, 23 experienced year-over-year growth in their ultra-luxury segment, as measured by transaction volume. And despite a 15.26% decrease overall in ultra-luxury sales, 1,560 homes priced at $10 million and above traded for a total of $26.84 billion, according to Compass’s Ultra-Luxury Report. The Smith + Aylwin team sold 2 of the 10 highest sales in Marin County in 2023. Click on the image above to access the flip book, and be sure to read page 25 where we share our thoughts.
|
|
|
|
|
|
|
|
|
|
As inventory continues to stay low, Compass stays on top as the #1 residential brokerage in the Bay Area and beyond!
|
|
|
|
|
|
|
|
|
|
|
|
|
We have more coming to the market soon!
...and four transactions already closed to start the year!
|
|
|
|
|
|
|
|
|
3 BD 3 BA 2495 SF $6,195,000
|
|
This serene waterfront home is located on a quiet cul de sac bordering a wide expanse of the Belvedere Lagoon.
|
|
|
|
|
|
|
|
|
|
|
Development Opportunity 2.56 Acres $8,000,000
|
|
These parcels present an exceptional opportunity to create either one or two exclusive, world-class estates on the coveted Tiburon peninsula.
|
|
|
|
|
|
|
|
|
|
|
|
S+A Team 2023 Transactions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 BD 6 BA 4205 SF $14,250,000
|
|
|
|
|
|
|
|
|
|
|
|
5 BD 5 BA 3505 SF $12,485,000
|
|
|
|
|
|
|
|
|
|
|
|
|
4 BD 4 BA 4050 SF $9,200,000
|
|
|
|
|
|
|
|
|
|
|
|
3 BD 3 BA 2525 SF $5,995,000
|
|
|
|
|
|
|
|
|
|
|
|
|
4 BD 4 BA 2860 SF $5,800,000
|
|
|
|
|
|
|
|
|
|
|
|
5 BD 3 BA 4101 SF $4,325,000
|
|
|
|
|
|
|
|
|
|
|
|
4 BD 3 BA 3562 SF $3,995,000
|
|
|
|
|
|
|
|
|
|
|
|
4 BD 3 BA 2770 SF $3,390,000
|
|
|
|
|
|
|
|
|
|
|
|
4 BD 4 BA 3985 SF $3,100,000
|
|
|
|
|
|
|
|
|
|
|
|
4 BD 3 BA 3166 SF $2,925,000
|
|
|
|
|
|
|
|
|
|
|
|
3 BD 3 BA 2183 SF $2,200,000
|
|
|
|
|
|
|
|
|
|
|
|
2 BD 2 BA 1360 SF $1,900,000
|
|
|
|
|
|
|
|
|
|
15 Harbor Oak Drive, Unit 22
|
|
2 BD 2 BA 1345 SF $1,715,000
|
|
|
|
|
|
|
|
|
|
|
|
3 BD 1 BA 1015 SF $1,450,000
|
|
|
|
|
|
|
|
|
|
|
|
3 BD 3 BA 2100 SF $15,000
|
|
|
|
|
|
|
|
|
|
|
|
3 BD 2 BA 1977 SF $12,600
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The Marin Dish has a wonderful collection of monthly events and activities on it's website. Click on the link to the left for direct access to the February list.
|
|
|
|
|
|
|
|
|
Thanks for reading! Ready to achieve your next real estate goal?
|
|
We are always here as a resource for you in the Bay Area. We also have partnerships all over the country, so if you're considering a move out of the area, we can help.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Top 100 Small Teams in California
Luxury Property Specialists
|
|
|
|
|
|
|
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 is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
|
|
|
|
|
|
|
|
|
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,89,5000,3158]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/221bb8b4-5e1e-4491-ba9c-6095cc511733/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,88,5000,3158]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/7f26ed95-87ec-44c1-9be1-9545b1d4d3f5/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[1,0,1499,999]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/3bcb7a24738ed1e3a6847443732af79cfd80d7ab_img_0_76757/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[118,0,1263,842]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/67baf760883c8c0355dc9f1cd5cc32549b776537_img_0_ecefc/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/36290eb099189a8289a75e101f583a56661718e8_img_0_017b6/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/3dc377a30f0be4b5902730f25d1687a762557fcf_img_48_57f18/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/151bc2feb3d58fa83c927f961f522cfd0ebcb862_img_0_db1b7/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/ef9f087bfb0b5a00122e81c0a23fd214d820bbfd_img_0_42dfd/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,0,1500,1000]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/6094ff1f3c1942010752b48d2bf7f5a580e6e9b6_img_0_aa37c/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/11d490759bba95de17768a4f66f6f361d565a2e8_img_0_fa6a2/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/8f1751c81678a0134c4b4d974ce73b9d7ec35fe6_img_0_92143/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,67,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/9c09fce4fdbc37cfee2534cc20ca7eaab2c83a89_img_0_acb59/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/d8645f3c7f72e810401560a33b1653b69fb6316d_img_0_fba8a/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/7c9e8ef77c14eeb539099cd75ce1abad6779c1f4_img_11_ea3bb/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/864ba777087e18431678db8181141aa58db47df6_img_0_82eff/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,67,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/b4219451a0d428d67caf03cce95ab1aaf49b35e4_img_0_a53a3/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/3960649a27c785afa0bfc6d3c8e22cbe084585f9_img_0_97248/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/ff042781e42616b7afd466877b6b323182c0f3af_img_0_c852f/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,2,650,430]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/578f515b5e3026f73b0a78706647d5ffd6b00547_img_0_e6401/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[0,4,1500,992]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/9a227258387bc368687bff4eb260a89ec45987e8_img_0_133dc/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[735,0,3344,2575]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://d3mi7e2vp4lzjl.cloudfront.net/BRAND_FOLDER/putImages/1b2ece82-686b-4101-9663-b099fdb24d86/74193bbd-0f11-49a5-821a-c513979903ce/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/rotate=deg:exif/crop=dim:[370,0,2045,3088]/output=format:png,density:500/resize=width:600,fit:max/auto_image/compress/"https://www.compass.com/m/15/caeade31-4ba5-4818-b190-4dbaef97ceb0/origin.jpg")
![](https://cdn.filestackcontent.com/ALjVIPyY5SBCdSTP1630Sz/output=format:png,density:500,background:ffffff/resize=width:600,fit:max/auto_image/compress/"https://beta.compass.com/ucfe-assets/mc-assets/3/Compass_Logo_H_W.svg"){kind=logo}
