Marin County Housing Market Trends

1. Home Prices Remain High (and Stable)

• Median home prices generally range around $1.3M–$1.5M+ 

• Typical home value is about $1.42M 

• Prices are holding steady or growing modestly (1–3%) 

👉 Prices aren’t crashing—they’re stabilizing at a high level

📈 2. Demand Is Still Strong

• Home sales increased 11%+ year-over-year 

• Pending sales also rising, showing active buyer interest 

• Homes often sell at ~100% of asking price 

👉 Buyers are still active—especially for well-priced homes

🏠 3. Inventory Is Rising (But Still Limited)

• Inventory increased slightly (~4–5% YoY)

• Around 2.8 months of supply → still low

• Roughly 300–400 homes available at a time 

👉 More options than before—but still not a buyer’s market

⚡ 4. Two Markets Exist at the Same Time

• ~63% of homes sell in 30 days or less 

• ~37% sit longer and struggle

• Missing the first 30 days can cost sellers up to $250K in value 

👉 It’s a split market:

• Well-priced homes = fast sales

• Overpriced homes = slow/stale listings

🧠 5. Buyers Are More Selective

• Buyers are no longer rushing blindly

• They compare options and negotiate more

• Homes need to be:

  • Well-priced

  • Move-in ready

  • Properly marketed

👉 Demand is strong—but not desperate🔥 6. Turnkey Homes Are Winning

• Updated, move-in-ready homes sell faster

• Fixer-uppers take longer and need price discounts

👉 Condition matters more than ever

⚠️ 7. Affordability Is a Major Challenge

• Marin is one of the least affordable markets in the U.S. 

• High prices + interest rates limit some buyers

• This pushes:

  • Some buyers to wait

  • Others to rent or look elsewhere

👉 Demand exists—but not everyone can participate

🌿 8. Long-Term Outlook: Stable Growth

• Prices expected to grow modestly, not aggressively 

• Inventory may gradually increase

• Market becoming more balanced—but still competitive

👉 Think steady market, not boom or crash

🧠 Final Insight

The Marin County market right now is defined by:

• High prices (but stable)

• Limited supply (still tight)

• Selective buyers (more strategic)

👉 It’s no longer a frenzy—but it’s still a strong, premium market