According to the Marin Independent Journal, Marin County’s real estate market is thriving as home sales rise and opportunities for buyers continue to expand. In July, the median price for a detached home settled at $1.6 million—a slight dip of $10,000 from last year, offering an attractive entry point for new buyers. This trend opens the door for potential homeowners to find their dream property in this beautiful region.

Despite a modest price decrease, statewide real estate is booming, with the median home price rising by 6.5%. The Bay Area saw a 3.6% increase, showcasing the strength of the housing market overall. Experts predict that Marin County home prices will continue to grow moderately, creating an ideal environment for both buyers and sellers in the months ahead.

Home sales in Marin are on the rise, with 192 detached homes sold in July—a 14.3% jump from last year. This surge in sales mirrors a 19.2% increase across the Bay Area, reflecting strong demand in one of California’s most desirable regions. Now is the time to explore the exciting opportunities in Marin real estate!

Key Highlights of Marin County Real Estate Market by City:

Belvedere: Median price: $5.3M (3 sales)
Corte Madera: Median price: $2.22M (9 sales)
Fairfax: Median price: $1.055M (11 sales)
Greenbrae: Median price: $2.685M (5 sales)
Kentfield: Median price: $4.5M (6 sales)
Larkspur: Median price: $2.8M (9 sales)
Mill Valley: Median price: $2.38M (10 sales)
Novato: Median price: $1.313M (41 sales)
Ross: Median price: $2.18M (3 sales)
San Anselmo: Median price: $1.375M (912 sales)
San Rafael: Median price: $1.38M (42 sales)
Sausalito: Median price: $2.14M (6 sales)
Tiburon: Median price: $2.74M (4 sales)

The Marin condo and townhome market is also promising, with 51 residences sold at a median price of $799,000. These properties are a great option for first-time buyers or those looking to downsize in this vibrant area.

Looking back at the peak of Marin’s real estate market in 2022, where prices soared above $2 million, today’s prices provide an excellent opportunity for both new buyers and seasoned investors. With interest rates stabilizing and demand high, Marin County remains a competitive market.

Source: Marin Independent Journal

Whether you’re considering buying or selling, Marin’s real estate market offers great potential this fall. Reach the McCarthy + Moe Group today to discover how you can take advantage of these exciting trends!