Marin Real Estate
In the last 44 years, there have been only two years (excluding 2008 & 2009) when average home prices in Marin County have decreased from one year to the next: -1.2% in 1991 and -1.4% in 1992– after the S&L crisis.
Marin County average residential home prices fell -12.7% in 2008 and -21% in 2009.
A unit-sale weighted average of Southern, Central & Northern Marin show Southern Marin prices are down -17.4%, Central Marin down -13.1%, and Northern Marin down -18.4% from 2008 levels.
For much more more information from a mile high perspective please see right nav bar, click & read “Marin Update”.
San Rafael Real Estate
San Rafael real estate is on fire– 40% of the homes on the market are in contract– any number over 20% indicates a healthy market and any number over 30% indicates a sellers market. The current number of 40% of the homes currently on the market in contract is improbably high given the fragile state of the economy, and the state budget crisis. In the book “Extraordinary Popular Delsions & The Madness of Crowds” the author documents many historical instances such as the Tulip Mania where humans act in unison– the demand hitting various towns in Marin is another instance of this and the patient buyer is advised to sit tight for a few months unless they find the absolutely perfect house.
San Rafael Current Inventory in Contract 2/25/10
San Rafael Inventory In Contract Bar Graph 2/25/10
San Rafael 8 Year Sales Data Change
San Rafael Quarterly Average Prices
San Rafael Quarterly $sqft
San Rafael Quarterly Unit Sales
San Rafael Real Estate Quarterly Average Prices
San Rafael Quarterly $/SQFT Line Graph
San Rafael Real Estate Quarterly Unit Sales 2
San Rafael Real Estate Annual Average Prices
San Rafael Annual Unit Sales
San Rafael Real Estate Annual Lot Values
San Rafael Annual Condo Median Sales Price
San Rafael 39 Year Average Price table
San Rafael Annual ROR
San Rafael Annual ROR Comparison
San Rafael ROR Comparison
In 2008 and 2009, Dave and the DuPont Group are leading agents in Marin County Real Estate. Since the recession began in earnest in 2008, Dave personally closed over 36 sales and $47m in real estate sales, and his group has closed over $60m. For 2 years running Dave has sold more homes than any other agent at DB Sotheby’s Intl Realty. The data in these pages represents the extra mile we go for clients and is our competitive advantage over other agents in all parts of Marin. Now is not the time to select an agent to represent you because they are a friend or even because they may have represented you in the past. The work habits most realtors has evolved over the past 20 years are not translating well into selling homes in today’s real estate environment where home buyers make decisions because of financial considerations as opposed to emotional ones.
Dave is a Certified Financial Planner (CFP), Certified Financial Manager (CFM), received his MBA from Pepperdine University, a CA real estate broker and worked for approximately 10 years in the San Francisco financial district. This Blog works in conjunction with The DuPont Groups primary web site.
Please call me to discuss this information in more detail 415-867-6611 – Dave
