Is Marin County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marin County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Marin County has remained a Seller's Market.

Key Takeaway

Marin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Marin County, CA

How much do homes in Marin County, CA cost?

Median Sold Price

$1,475,937

$791/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$89,814(+6.5%)

Key Takeaway

Homes in Marin County have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Marin County was $1,475,937 in November 2024, up 6.5% from last year, and the median price per square foot was $791.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $546K$557.5K
+2.1%
2 $850K$902K
+6.1%
3 $1.3M$1.3M
+3.8%
4 $1.8M$1.8M
-4.3%
5+ $2.6M$2.9M
+13.3%

Summary: Marin County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Counties

Marin County
+6.5%
San Francisco County
+1.9%
Sonoma County
0.3%

Housing Supply in Marin County, CA

How many homes are available in Marin County, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
772635-17.7%

Summary: The Marin County real estate market had 635 homes for sale in November 2024, a 17.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4646
0.0%
2 162141
-13.0%
3 277216
-22.0%
4 185149
-19.5%
5+ 10283
-18.6%

Summary: The Marin County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes decreased by 18.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
223162-27.4%

Asking Price vs. Sold Price

81 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

47 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marin County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 162 homes were sold or pending in Marin County in November 2024, down by 27.4% month-over-month. Of the 162 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.

Days on Market for Marin County, CA

How long does it take to sell a home in Marin County, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days96 Days+181.2%

Summary: Homes in Marin County had an average of 96 days on market in Nov 2024, up by 181.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marin County has remained consistent over time.

Summary: During November 2024, 162 homes were sold in Marin County; 2% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Marin County, CA

Nearby Markets to Marin County, CA

What housing markets are near Marin County, CA?