Archive for January 2nd, 2008

Marin 2007 Housing Market in Review

Wednesday, January 2nd, 2008

Marin really is different, especially when it comes to housing.  We are lucky enough to live in one of the most beautiful places on earth with vast open space which is available for the public to use. Our weather is great and we are close to both the ocean and a reasonable drive to Tahoe.

These numbers show the median price of single family homes have increased in 2007 compared with 2006.  This increase in median price does not reflect the downward trend in Novato or other details which would show that homes in more expensive neighborhoods are selling faster than in less desirable areas.  Prices are down in many Marin neighborhoods, however, Marin is holding up better than most the county and state.  There are some great deals to be found, especially for starter homes.

                                                            2007                       2006

Median Price                                     $1,049,000           $955,000

Median Square Footage                   1,990                     1,882

Number of Sales                               1,990                     2,204

Information provided from sales listed in BARIES Marin MLS as of January 2, 2008

Warren Carreiro, Broker
www.realtyofmarin.com
warren@RealtyOfMarin.com