Marin Real Estate Market Snapshot November 2009
November 2009 was a blockbuster month for Marin real estate compared to the same time period in 2008. In 2008, the Marin real estate market came to a virtual stand still and remained stagnant until small movements in the market began in March.
October was the best month for home sales in Marin this year. We saw a 6% decline in sales last month over October. This appears to be a normal seasonal slow down, with numbers very strong over November of 2008.
Marin Countywide Real Estate Statistics for November 2009
Marin Homes For sale
631 compared to 719 in 2008
-12.2% change
Marin Homes Sold
160 compared to 87 in 2008
+83.9%
Marin Homes Pending
177 compared to 86 in 2008
+105.8%
New Listings In Marin -142
Months of Inventory based on closed sales- 3.9
Average days on market- 92
Median price- 714
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