We use cookies in order to save your preferences so we can provide a feature-rich, personalized website experience. We also use functionality from third-party vendors who may add additional cookies of their own (e.g. Analytics, Maps, Chat, etc). Read more about cookies in our Privacy Policy and Terms of Service. If you do not accept our use of Cookies, please do not use the website.

Header Image

Market Report for May 2017


Number of Homes Sold

With 209 sold, Marin Single Family Home sales in May remained relatively unchanged (down 1%) from April, and down 5% compared to the same month last year. Most Single Family Homes sold in May were in the price range of $1-2 million.


Average Price Sold

The Average Sale Price of Marin Single Family Homes increased by 5% in May compared to April, at $1,688,702 and $1,612,210, respectively. Compared to the same month last year, the Average Sale Price remains relatively unchanged, up 2%.


Home Sales by Area

Novato, San Rafael and Mill Valley continue to see the highest number of homes sold at 44, 39 and 33, respectively. Tiburon had a notable number of homes sold at 14, while Greenbrae and Larkspur saw a slowdown in number of home sales compared to previous months, each at 5.


In Contract by Area

San Anselmo had 52% of Homes in Contract in May, followed by Greenbrae (50%), Mill Valley (42%) and San Rafael (41%). Eight cities had over 25% of Homes in Contract. In contrast, less active markets were Belvedere (21%) and Kentfield (17%).


Sales by Price Point

The highest number of homes both available (137) and sold (97) were between $1-2 million. There were 45 homes sold between $750,000 and $1 million, while 30 homes sold in the $2-3 million price range, up from 22 homes in April. A notable nine homes sold between $4-5 million. There were only 2 homes sold at $5 million or higher.