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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northwest Marin is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Northwest Marin, CA

How much do homes in Northwest Marin, CA cost?

Median Sold Price

$1,250,500

$839/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,500(+4.2%)

Key Takeaway

Homes in Northwest Marin have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Northwest Marin was $1,250,500 in October 2024, up 4.2% from last year, and the median price per square foot was $839.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $347.5K$850K
+144.6%
2 $850K$851K
0.1%
3 $1.2M$1.5M
+21.2%
4 $1.5M$1.2M
-22.1%
5+ $1.7M$3.3M
+97.1%

Summary: Northwest Marin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 144.6%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes increased by 97.1%.

Housing Supply in Northwest Marin, CA

How many homes are available in Northwest Marin, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3538+8.6%

Summary: The Northwest Marin real estate market had 38 homes for sale in October 2024, a 8.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 98
-11.1%
3 1519
+26.7%
4 32
-33.3%
5+ 56
+20.0%

Summary: The Northwest Marin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northwest Marin, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Northwest Marin in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Northwest Marin, CA

We’re sorry, we don't have information for this market at the moment

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 Northwest Marin, CA

Nearby Markets to Northwest Marin, CA

What housing markets are near Northwest Marin, CA?