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 October 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

$1,477,207

$791/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$92,173(+6.7%)

Key Takeaway

Homes in Marin County have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Marin County was $1,477,207 in October 2024, up 6.7% from last year, and the median price per square foot was $791.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $589K$546K
-7.3%
2 $850K$907.7K
+6.8%
3 $1.3M$1.3M
+3.2%
4 $1.8M$1.8M
+0.7%
5+ $2.7M$2.8M
+7.0%

Summary: Marin County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Counties

Marin County
+6.7%
San Francisco County
+1.5%
Sonoma County
0.0%

Housing Supply in Marin County, CA

How many homes are available in Marin County, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
765816+6.7%

Summary: The Marin County real estate market had 816 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4350
+16.3%
2 144166
+15.3%
3 267287
+7.5%
4 208199
-4.3%
5+ 103114
+10.7%

Summary: The Marin County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 10.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
156214+37.2%

Asking Price vs. Sold Price

91 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

90 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. 42.5% of homes here sold below asking price last month.

Summary: A total of 214 homes were sold or pending in Marin County in October 2024, up by 37.2% month-over-month. Of the 214 sold homes, 43% were sold under asking, 15% were sold at asking, and 42% 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

Oct 2023Oct 2024CHANGE
26 Days40 Days+54.5%

Summary: Homes in Marin County had an average of 40 days on market in Oct 2024, up by 54.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marin County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 214 homes were sold in Marin County; 3% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Marin County, CA

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