Real Estate Report presented by Information Designs

April 2022 Report

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


Median Price
$2,032,000
+21.5%
Average Price
$2,487,640
+30.2%
No. Sold
190
+21.8%
Pending Properties
358
+12.6%
Active
187
+6.3%
Sale/List Price Ratio
116.5%
+0.5%
Days on Market
19
-17.5%
Days of Inventory
29
-15.7%

Market Barometer

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Market Commentary

Home Sales Prices Set New Highs

The median sales price for single-family, re-sale homes rose 21.5% from March.  It was up 26.6%, year-over-year to set a new record high.  That’s the twenty-third month in a row the median sales price has been higher than the year before.

The average sales price rose 30.2% from March, and it was up 18.9% from last April. It also set a new high last month.

The sales price to list price ratio rose from 115.9% to 116.5%.

Sales of single-family, re-sale homes were up 21.8% from March, but they were down 22.1% year-over-year. There were 190 homes sold in April. The average since 1998 is 185.

As of May 5th, there were 358 single-family, re-sale homes pending. The average since January 2007 is 102.

Inventory was down 26.7% year-over-year. As of May 5th, there were 187 homes for sale. We average 632.

Days of inventory fell to twenty-nine from thirty-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 19 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 2%, year-over-year. The average price was up 12.7%.

Condo sales were down 44.1% year-over-year. There were thirty-three condos sold last month.

Condos are selling in 37 days. The average is 83 days.

The sales price to list price ratio for condos was 102%.

Condo inventory was down 22.8% year-over-year. There are 78 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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