Market activity and demand – as defined by new listings coming on market, listings going into contract, speed of sale and overbidding – rose across the board. In particular, the inventory of homes for sale surged much higher on a year-over-year basis, a substantial change in market dynamics: It appears that the “mortgage lock-in” effect is continuing to fade as prospective home sellers decide to move forward with life plans.
As of the first week of March, the latest inflation reading ticked up for the 4th month; the Fed kept its benchmark rate unchanged; interest rates fell for the 7th week; and stock markets saw 2 weeks of significant declines. National and international politics continue to be characterized by constant and unpredictable change, and enormous uncertainty. And consumer confidence in February dropped across all age, income and wealth groups as expectations for personal finances and both short-term and long-term economic conditions all declined (per the University of Michigan’s February “Surveys of Consumers”).
We are now moving into the spring selling season, typically the most heated of the year, and not unusually seeing the calendar year’s highest median home sales prices.
2025 Sold Listings in Marin County
Average Sales Price in Marin County
Average Days on Market in Marin County
This map reflects median home sales prices and dollar per square foot values in San Francisco neighborhoods for sales reported in 2024 by mid-December 2024 to the NORCAL MLS® ALLIANCE. (New sales are reported constantly, which often change median home values.)
Click on icons to pull up neighborhood median home sales prices. Click on the X to close the window for the specific neighborhood.
-> Read 2024 Sales Report including Market Dynamics by City, Town and Region.
