- Marin County home
Marin County home prices are among the highest in the nation. Approximately a third of the county has been earmarked as permanent open space, and strict anti-growth laws permit very little new development of the sparse inventory and limited amount of actual buildable land in Marin. Consequently, Marin County generally suffers from a housing shortage which keeps upward pressure on Marin County home prices. The average sold price in the Marin Multiple Listing Service for 2010 was $1,035,346 for a single-family home.
However, with interest rates still at 30-year lows and 20%-30% average price decreases, Marin County real estate is currently remarkably affordable relative to the past 15 years. Our schools offer top notch education and our lifestyle quality is unmatched. Affordable homes are available, particularly if you are willing to invest a little time and effort into fixing up an older home. A good rule of thumb if you want to compare Marin houses with San Francisco homes is that a 3-4 bedroom single-family home in Marin can be currently purchased for about the same price as a nice 1 or 2 bedroom flat or loft in San Francisco.
So how is the Marin County real estate market? It often bucks national and regional trends and tends to walk to its own drum beat. Furthermore, each community in Marin County behaves as a micro-market. Each price range –the below $1 million range experiencing a much higher level of activity in the past two years–and property type–condominiums and town homes vs. single family homes–behaves differently as well.
Click on the links below to discover detailed statistics about each Marin County town/city.
