Marin Real Estate (February 2010)

March 29, 2010 by  

The Marin County, California real estate market, which entered the new year with momentum, seems to have achieved traction. While year over year prices are down in many price segments and locations within Marin, some areas have actually seen prices increase (albeit nominally). Indeed, countywide supply and demand figures suggest an improving real estate environment as supply is down 24% and sales are up 29%, compared with last year (the numbers are for homes with at least 3 beds, 2 baths, 1,500 square feet, and priced under $1 million).

Marin County (Supply and Demand 2-10)

Much of the apparent strength evident today stems from the red-hot Novato market.

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