Real Estate Report presented by Information Designs

December 2021 Report

Single Family Homes in Marin County, All Cities, All Neighborhoods Change >


Median Price
$1,500,000
+1.7%
Average Price
$2,063,320
+5.8%
No. Sold
137
-31.8%
Pending Properties
232
-6.1%
Active
107
-44.3%
Sale/List Price Ratio
105.8%
0.0%
Days on Market
33
-4.3%
Days of Inventory
23
-15.4%

Market Barometer

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Market Commentary

Home Sales Prices Up, Sales Continue Sliding

The median sales price for single-family, re-sale homes rose 1.2% from November.  It was up 5.4%, year-over-year.  That’s the nineteenth month in a row the median sales price has been higher than the year before.

The average sales price rose 5.5% from November, and it was up 6.8% from last December.

The sales price to list price ratio stayed at 105.8%.

Sales of single-family, re-sale homes were down 31.5% from November, and they were down 30.8% year-over-year. There were 137 homes sold in December. The average since 1998 is 185.

As of January 5th, there were 232 single-family, re-sale homes pending. The average since January 2007 is 102.

Inventory was down 25.7% year-over-year. As of January 5th, there were 107 homes for sale. We average 632.

Days of inventory fell to twenty-three from twenty-four. The National Association of REALTORS® considers a balanced market to be 180 days. In Marin County, we have averaged 112 days since 2007.

Days of Inventory is an estimate of the amount of time it would take to sell all the current listings if no new listings became available. It is calculated by taking the number of homes for sale and dividing by the number of homes sold in a given time frame. We use last month’s sold number.

Homes sold in an average of 33 days from coming onto the market to when they go under contract. The average since January 2009 is 76 days.

The median price for condos fell 23.2%, year-over-year. The average price was down 21%.

Condo sales were down 47.1% year-over-year. There were twenty-seven condos sold last month.

Condos are selling in 54 days. The average is 83 days.

The sales price to list price ratio for condos was 100.9%.

Condo inventory was down 21.1% year-over-year. There are 60 condos for sale.

If you would like to know what’s going on in your neighborhood, visit my on-line report and click on Recent Sales & Listings. That will tell you what is for sale, what has sold and what is pending in a radius around your home.

Prices & Sales

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Days of Inventory

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Sales to Date

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Sales Price Ratio

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