Marin County Real Estate Update

Posted by on Tuesday, March 23rd, 2010 at 1:50am.

Looks like Marin Real Estate is doing a bit better than last year.

Marin home overall sales are up from Feb 2009-Feb 2010 by 37.8%! The median prices are edging up from $573,409-$615,000. Single Family Home sales in Marin (Feb 2009-Feb 2010) are up 52.6%! In Feb 2009 there were 76 homes sold and the same time this year (Feb 2010) there were 116 homes sold! This is a nice increase in sales. The median home price in 2/09 was $640,000 and and in Feb 2010 it went up to $694,500 up 8.5%!

Condos or townhomes sold in Marin in Feb 2009 to Feb 2010 is up 5.7%. Median prices have gone down from $275,500 in Feb 2009 to $275,000 this year (Feb 2010) down -0.2%.

Interest rates are still at an historical low, 5% for 30 yr Fixed mortgage rate at the moment.

If you are not sure what your next step is contact me. I am resourceful and I am happy to guide you through the process. Spring is here and more properties are coming on the market daily for you.