Marin County and Southern Sonoma County Home Sales for March 2020

As usual, I will continue to keep you informed during the virus outbreak so that you know how this is affecting our local real estate market.

There are a few new rules to play by. For starters, California real estate agents are currently being prevented from holding broker tours or open houses so we are going to be relying even more heavily on technology. It is standard practice for me to provide high resolution images and walk through videos for my listings—as well as a full disclosure package available digitally. This helps buyers make informed decisions even when they may not be able to see the property in person. (Now more than ever it is so important to disclose the good, the bad and the ugly. No home is perfect. Buyers know that. It is always possible to find a buyer out there for every property. Don’t try to hide things, only to invite a lawsuit later.)

Another new rule for California real estate: There are currently no showings allowed in occupied homes. So if you have your home on the market, or are considering putting your home on the market, it must be vacant if you want people to be able to see it. This is a good rule of thumb even if we aren’t in the middle of a pandemic. The easier it is to see, the easier it is to sell.

Now, back to our regularly scheduled programming…

The table below shows the detached home sales for select cities in Marin County and Southern Sonoma County for the month of March 2020, sorted alphabetically by the name of the City.

As you will see very few homes are selling because inventory is so low (173 active SFR listings in all of Marin County, whereas last month was a low of 266. While there are 680 active SFR listings in all of Sonoma County, where as last month there was 760).

Although, while the number of new listings is down, the number of homes selling is up overall from last month!

Not much competition right now, so if you’re thinking about selling now is a good time to really stand out!

See what’s currently for sale in select areas of:
Marin County
Wine Country

Please note that the default sort can be changed with several different choices to suit your interests.

If you have any questions at all, or if you or someone you know is thinking about buying or selling a home, please contact me today.

City

# of homes sold Average Days On MLS Average Original Asking Price Average Final Selling Price # Sold AT Asking Price

# Sold Over Asking Price

Corte Madera

6

17 $1,359,000 $1,416,833 1

3

Fairfax

6

24 $1,115,500 $1,147,000

3

Greenbrae

3

6 2,231,667 2,291,666 2

1

Kentfield

3

15 $2,223,333 $2,136,000

1

Larkspur

3

17 $2,633,333 $2,743,333

3

Mill Valley

18

46 $1,994,556 $1,952,916 5

5

Novato

27

46 $1,105,889 $1,105,480 4

11

Ross

2

28 $2,995,000 $2,925,000

1

San Anselmo

8

24 $1,637,250 $1,658,750

3

San Rafael

26

29 $1,295,981 $1,330,250 6

18

Sausalito

4

71 $1,472,500 $1,446,250 1

1

Tiburon

10

47 $3,624,200 $3,520,700 1

4

Marin County

130

42 $1,758,073 $1,732,374 23

56

Petaluma

39

46 $919,020 $917,307 7

17

Santa Rosa

119

72 $732,979 $716,582 12

48

Sonoma

25

84 $974,452 $872,540 4

4

These numbers are current as of April 3, 2020 and the source is BAREIS.

 

 

Find me online:
KelleyEling.com    zillow    facebook    trulia    yelp    twitter    youtube    linkedin    instagram

Categories: best real estate agent in marin county, best real estate agent in sonoma, home sales, Real EstateTags: , , , , ,

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s