Marin Real Estate Trends Sept 06

The following chart shows statistics from January 2006 through Sept 2006, month-by-month and compares them to the same months for 2005.  I have also shown the aggregate for the months, both for 2005 and 2006, because sometimes looking at one month only does not really show the whole trend.

What we see is prices are holding, however, the median days on market is up and the number of sale are down.  Many of the new homes on the market are priced for todays market. Homes that have been on the market for a long time are taking price reductions. Well priced homes that are clean are still selling fast.

Marin County MLS 2006 Residential Real Estate Stats
For Homes Sold 6-Jan 6-Feb 6-Mar 6-Apr 6-May 6-Jun
Median Price in 1,000’s 810 810 880 899 855 932
Median days on market 64 72 40 32 34 38
Total units sold 143 150 265 263 266 325
For Homes Sold 6-Jul 6-Aug Sept
Median Price in 1,000’s 850 890 805
Median days on market 43 50 61
Total units sold 230 298 205
Lets look at the same time period for 2005
For Homes Sold 1-Jan 1-Feb 1-Mar 1-Apr 1-Apr 1-Jun
Median Price in 1,000’s 825 813 860 865 875 900
Median days on market 45 29 26 29 27 29
Total units sold 209 148 307 338 325 367
For Homes Sold 1-Jul 1-Aug Sept
Median Price in 1,000’s 861 840 815
Median days on market 30 36 36
Total units sold 314 346 319
Now looking at the months combined.
For Homes Sold Jan-Sept 05  Jan-Sept 06
Median Price in 1,000’s 855 869
Median days on market 31 43
Total units sold 2673 2145

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