Well, the moderate good news continues to come in, slowly but fairly steadily. Yesterday the monthly numbers on prices and sales in the Bay Area came in and Marin County was one of the most positive areas. Sales were up again in terms of numbers of homes sold. Also, prices showed an increase of 9% in the median price for the County for the latest month. True, the numbers are a pale shadow of the heights of 2006/2007,but the fact remains that a slow, but positive trend is continuing. Good news for sellers and at the current levels, still some great opportunities for buyers.
Another trend we are seeing in Marin is in higher priced homes. In homes over $1.5 million, we're seeing an increasing number of sellers placing their homes on the market "quietly". They're doing this by having their agents list the homes, but not putting the properties on the Multiple Listings (MLS). While this may place the seller at somewhat of a disadvantage, it does give him/her an opportunity to test the water without having the risk of it later showing up in the MLS as a cancelled or expired listing, thus putting pressure on the price in any future attempt by the same owner to sell it.
If you have any questions about your home or your wants in a home, give us a call at (415) 380-2133 or email us: firstname.lastname@example.org --we'd be happy to help you!