Pacific Union’s April 2016 Real Estate Update

april 2016 marin chart

Marin County homebuyers acted with particular urgency in April, snapping up single-family homes in an average of 36 days — more than twice as fast as in rainy February. The median sales price rose to $1,225,000, slightly surpassing levels recorded last fall.

The MSI has been dropping for the past couple of months and ended April at 1.4. The average Marin County seller took in 101.8 percent of the original price after eight straight months of getting a bit below list.

Defining Marin County: Our real estate markets in Marin County include the cities of Belvedere, Corte Madera, Fairfax, Greenbrae, Kentfield, Larkspur, Mill Valley, Novato, Ross, San Anselmo, San Rafael, Sausalito, and Tiburon. Sales data in the adjoining chart includes single-family homes in these communities.

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