Marin County Real Estate - in short:
-
Median House Sales Price: The Q3 2025 median house sales price rose 3% year-over-year compared to Q3 2024.
-
Luxury Home Sales: Sales of homes priced at $4 million+ surged 56% higher in Q3 2025 compared to Q3 2024, despite dropping from the usual Q2 peak.
-
Condo Sales Price: The Q3 2025 median condo sales price fell about 1% year-over-year compared to Q3 2024.
-
Dollar per Square Foot: The Q3 2025 median house dollar per square foot value slightly declined year-over-year.
-
Sales Volume: September 2025 sales volume increased 19% year-over-year compared to September 2024.
-
Active Listings: On October 1, 2025, active listings were up 16% year-over-year, with 75% being houses, 19% condos, and 6% townhouses.
-
Absorption Rate: The absorption rate in September 2025 was about 4 percentage points lower than in September 2024, indicating a slightly cooler market.
-
Price Reductions: The number of price reductions in September 2025 increased 14% year-over-year compared to September 2024.
-
Overbidding: In September 2025, 40% of sales closed over the list price, down from 44.5% in September 2024.
-
Days on Market: Homes in Q3 2025 took slightly longer to sell compared to Q3 2024, reflecting seasonal and market dynamics.
--> READ the complete Q3 MARIN REPORT HERE
The following trends were observed in luxury home sales in Marin County:
-
Significant Year-Over-Year Increase: Sales of homes priced at $4 million+ in Q3 2025 surged 56% higher compared to Q3 2024.
-
Seasonal Decline from Q2 Peak: Luxury home sales in Q3 2025 dropped back from the usual Q2 peak, which is typically the dominant selling season for high-end properties.
-
Market Fluctuations: The luxury home market continues to fluctuate by season, with spring (Q2) generally being the most active period.