Real Estate Report presented by Information Designs

October 2021 Report

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


Median Price
$1,650,500
-2.2%
Average Price
$2,132,880
+10.0%
No. Sold
226
+21.5%
Pending Properties
294
-5.5%
Active
235
-8.9%
Sale/List Price Ratio
106.3%
-1.1%
Days on Market
34
+35.8%
Days of Inventory
31
-22.5%

Market Barometer

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Market Commentary

Home Sales Prices Continue Rising

The median sales price for single-family, re-sale homes dropped 2.2% from September.  It was up 17.1%, year-over-year. The average sales price rose 10% from September, and it was up 21.5% from last October to set a new high.

The sales price to list price ratio fell to 106.3% from 107.4%.

Sales of single-family, re-sale homes were up 21.5% from September, but they were down 3% year-over-year. There were 226 homes sold in June. The average since 1998 is 185.

As of November 5th, there were 294 single-family, re-sale homes pending. The average since January 2007 is 102.

Inventory was down 47.7% year-over-year. As of November 5th, there were 235 homes for sale. We average 632.

Days of inventory fell to thirty-one from forty. 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 34 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 3.1%, year-over-year. The average price was up 15.7%.

Condo sales were up 13.3% year-over-year. There were fifty-one condos sold last month.

Condos are selling in 42 days. The average is 83 days.

The sales price to list price ratio for condos was 101.9%.

Condo inventory was down 48.8% year-over-year. There are 82 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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