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Pacific Union’s May 2016 Real Estate Update

June 10, 2016

may forecastAt $1.25 million, the median sales price in Marin County reached a one-year high in May. Homes sold in an average of 34 days, the quickest pace of sales in a year. The MSI increased slightly from April to 1.6, and buyers paid just a hair less than original prices: 99.7 percent. 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.