Real Estate Report presented by Information Designs

October 2022 Report

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


Median Price
$1,620,000
0.0%
Average Price
$1,946,660
-0.2%
No. Sold
155
-1.3%
Pending Properties
435
+2.6%
Active
338
-1.2%
Sale/List Price Ratio
100.5%
-1.1%
Days on Market
32
-6.5%
Days of Inventory
65
+3.6%

Market Barometer

Enlarge >
Loading...

Market Commentary

Home Sales Prices and Sales Down

The median sales price for single-family, re-sale homes was down 1.8% year-over-year.

The average sales price dropped 8.7% from last October.

The sales price to list price ratio fell from 101.6% to 100.5%.

Sales of single-family, re-sale homes were down 31.4% year-over-year. There were 155 homes sold in September. The average since 1998 is 185.

As of November 5th, there were 435 single-family, re-sale homes pending. The average since January 2007 is 102.

Inventory was up 43.8% year-over-year. As of November 5th, there were 338 homes for sale. We average 632.

Days of inventory rose to sixty-five from sixty-three. 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 32 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 rose 16.5%, year-over-year. The average price was up 0.2%.

Condo sales were down 49% year-over-year. There were twenty-six condos sold last month.

Condos are selling in 63 days. The average is 83 days.

The sales price to list price ratio for condos was 100.1%.

Condo inventory was up 51.2% year-over-year. There are 124 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

Enlarge >
Loading...

Days of Inventory

Enlarge >
Loading...

Sales to Date

Enlarge >
Loading...

Sales Price Ratio

Enlarge >
Loading...