MARIN COUNTY THIRD QUARTER MARKET REPORT | 2016 VS. 2017
The Marin housing market continues to show robust activity for the third quarter of 2017. With 80 percent of the county mandated as open space, the remaining 20 percent available for commercial and residential use does not meet the demand. This keeps housing prices on the rise and property appreciation in a positive position.
When comparing year-over-year activity for all of Marin County in the third quarter, the increases are not large, but they are steady. Unit sales are up 10 percent, the median selling price is up 7 percent, and average days on market is up 2 percent. The supply of inventory is more significantly down year-over-year, confirming Marin is still experiencing a seller’s market.