July 3, 2007
We are just a few days into July so it is likely not all sales for June have been reported to the Marin MLS (BARIES) which is where these statistics come from. None the less I thought it would be interesting to see how Marin Real Estate did this June compared with last June. I am also showing the median days on market (DOM).
Year DOM # Sales Median Price
Overall 36 278 (-14%) $985,000 (+6%)
Homes 35 220 (-14%) $1,155,000 (+7%)
Condos 41 58 (-16%) $597,500 (+7%)
Overall 38 325 $931,500
Homes 36 256 $1,075,000
Condos 42 69 $560,000
let me know if you are interested in seeing specific information for a specific town or city in Marin. Also keep in mind that one month does not make a trend. From time to time I run annual trends which tends to even out jumps or drops in individual months.
Warren Carreiro, Broker