Blog By The Bay

Single Family homes under contract in Marin County
April 2008 vs. April 2007

Belvedere
+200%

Corte Madera
+8%

Fairfax
-38%

Greenbrae
+25%

Kentfield
+40%

Larkspur
-75%

Mill Valley
-36%

Novato
-20%

Ross
-50%

San Anselmo
-12%

San Rafael
+7%

Sausalito
+17%

Tiburon
+85%

 
Countywide, the number of Marin homes for sale was up almost 16% from last April. The number of homes under contract was down about 13% while the number of units sold is down about 31%.
While the number of homes sold [...]

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The median home sale price in Fairfax, CA was $630,000 in February 2008, down from $672,00 in January, and down from $735,000 one year ago in February 2007. The number of Fairfax homes on the market stayed flat from one year ago, while the number of Fairfax, CA homes under contract increased.
The number of closed [...]

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Many cities and towns in Marin County require mandatory re-sale inspections before a seller transfers home ownership to a buyer.
Marin Cities that require resale inspections

Belvedere
Corte Madera
Fairfax
Larkspur
Mill Valley
Novato
San Anselmo
San Rafael
Tiburon

Fees range widely from about $100 to close to $300 in Novato.  Ouch!  In addition, what is inspected [...]

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The median home sale price in Fairfax, CA was $672,000 in January 2008.  The number of homes on the market dropped almost 22% from one year ago, while the number of Fairfax, CA homes under contract dropped almost 60%.  The average days on the market in Fairfax was 84, up slightly from 78 days in [...]

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A big positive of the recent rains is waterfalls around Marin County. The Marin IJ did a great story about Marin County waterfalls recently, including details on some of the lesser known waterfalls.
This spectacular picture is of Cascade Falls near Fairfax. Other magnificent Marin County waterfalls include Cataract Falls and Steep Ravine on [...]

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Want to take a twirl on the ice? Normally, Marin residents have to drive to San Francisco or Santa Rosa for a spin. For one weekend only, you can ice skate in Fairfax. The Fairfax Pavilion will become an ice skating rink this weekend.

What: Ice Skating in Marin!
When: Saturday, January 5, [...]

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Many Marin County home sellers took their homes off the market over the holidays. This helped overall stats. Despite the holidays, we still saw quite a few homes go into contract. Many areas of Marin are considered seller’s markets including Corte Madera, San Anselmo, Sausalito and Mill Valley. The situation in [...]

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Schools in the Ross Valley School District are feeling the pinch of increased enrollment. Over the last two years, enrollment has increased. Some of the district’s schools exceeded their capacity this year including Manor School in Fairfax and the lower Brookside campus in San Anselmo, resulting in some Manor kindergartners attending Wade Thomas [...]

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It was a slow November for Fairfax, California real estate. The MSI (Months Supply of Inventory) jumped up to 9 months, compared to 3.3 last month. This was the highest MSI in Fairfax since it spiked in November 2006 at 23 months. Hopefully just another anomaly!

(click on chart to expand)
The number of [...]

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Five Mill Valley homes sold (closed escrow) last week. 3 of the 5 sold over the list price, 1 sold at the list price, and 1 sold under. Does that sound like a real estate market in the tank?
Are we still seeing multiple offers? Absolutely! The best cities in Marin to [...]

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