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Why Overpricing in Marin County Can Backfire Quickly

  • Writer: Jamie Lockett
    Jamie Lockett
  • 5 days ago
  • 1 min read

Marin County’s real estate market is highly informed, competitive, and sensitive to pricing. While it may be tempting to test the market with a higher price, overpricing often works against sellers faster here than in many other areas.


Buyers Are Exceptionally Well-Informed

Marin buyers closely track recent sales, price-per-square-foot, and neighborhood trends. When a home is priced above comparable sales, it’s quickly recognized and often dismissed before a showing is even scheduled.


Early Momentum Matters More Than Ever

The first days on market are critical. Overpricing during this window can cause serious buyers to move on to better-positioned listings. Once that momentum is lost, it’s difficult to regain.


Longer Market Time Raises Red Flags

In Marin, days on market are closely watched. A listing that lingers can prompt buyers to question value, condition, or seller expectations, even if the home itself is strong.


Price Reductions Weaken Negotiating Power

Multiple price drops can shift leverage to buyers. Instead of generating competition, the home may attract lower offers as buyers wait

for further reductions.


Well-Priced Homes Stand Out Immediately

Homes priced strategically often receive strong attention early and may benefit from multiple offers. Correct pricing creates urgency rather than hesitation.


Why This Matters

Marin County rewards precision. Sellers who price accurately from the start protect their home’s value and improve their chances of a smooth, timely sale.

In Marin, the market responds quickly. Pricing needs to do the same.

 
 
 

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Image by Katsia Jazwinska

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Jamie Lockett

Marin County Real Estate

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(415) 350-8479

350 Bon Air Center Suite 100, Greenbrae, CA 94904

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The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2022 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.

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