Marin Market Update - April 2024

Marin Market Update

April 2024

The Skinny

A NOTE FROM DANA Easter + Mill Valley Little League Parade = Signs of Spring & Normalizing interest rates LISTED in GREENBRAE Contemporary two-level home with panoramic views of Mt Tam NEW EPISODE - REAL ESTATE in MARIN Stay on top of the latest market developments in 4 minutes GET YOUR FREE HOME EVALUATION REPORT Just type in your address! MARKET STATS - MARIN - APRIL 2024 - Listings accepting offers surged 85% in March - New listings jumped 75% from February, and 12% YoY

🌸 Embracing Spring in Marin 🌸 "Dad, it's not real" was the first words out of my youngest son when we came across an Easter Bunny. (Hmmm...they sure do grow up fast) That didn't stop us from enjoying the Easter holiday, and my hope is you did the same. Downtown Mill Valley was bustling when over 600 kids marched through downtown to kick off the little league baseball season. I'm humbled to be able to support such a community oriented organization for another season. Consequently, this wouldn't be possible without the support and trust I receive from you and others. A notable trend shaping up in our dynamic real estate market is the normalization of interest rates. After a period of rapidly increasing rates, we are now beginning to witness buyers embracing these higher rates as the norm. While this adjustment may prompt questions and uncertainties, it's indicative of a healthier and more active market environment. In addition, the arrival of spring has unleashed a surge of activity across our community. With longer days, warmer weather, and the natural beauty of our surroundings in full bloom, buyers and sellers alike are seizing the opportunity with listings and sales up across the board. Have questions? Reach out any time! I always enjoy talking, even if it seems like it's been a long time since we last did. - Dana | 415-609-7972

New Listing in GreenBrae Seller Representation by Dana Williams

GREENBRAE 240 Eliseo Dr 3 BD 3 BA ±2193 sqft $2,998,000 The transformation of this property has been dramatic. I have to commend the sellers for their collaboration and taking a leap of faith to invest just over $200,000 into renovations. The finished product and marketing strategy is meant to appeal to a large portion of current buyers and result in a successful sale. Stop by during the Open House today or tomorrow from 2-4pm to say hi and see it in person. About the Property: This newly renovated, centrally located Greenbrae home offers a brand new kitchen, three bedrooms, three bathrooms, with stunning views of Mt Tam and the Bay. The modern design is seen throughout the kitchen and open concept dining and living room area. It's an ideal space for cooking, entertaining, cozying up to the fireplace and taking in the spectacular views. The lower level offers a multi-purpose room with many possibilities - a private second living room, a home office, or a fitness space. Additionally, there is a brand new full bathroom, laundry closet, storage spaces and direct access to the attached 2-car garage. Finally, the outdoor living spaces complement the exceptional interior and are defensive-space friendly. The bonus is a large, newly sodded flat yard with two seating areas, mature vegetation and fencing for privacy and the safety of four legged friends.

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New Episode! Real Estate in Marin How is the market in Marin changing? Find out the most critical recent developments in this four-minute episode of Real Estate in Marin. Learn about new and sold listings, unique dynamics of a recently sold property, and hear behind the scenes market chatter amongst local agents.

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Marin Market Update Detailed statistics and graphics

MARKET STATS - MARIN, APR. 2024

That's a wrap! Have a wonderful day! Reach out any time. - Dana

Dana Williams Your Partner in Real Estate MyRealtorDanaWilliams.com DRE# 01995115 M: 415.609.7972 dana.williams@compass.com

Statistics are generalities, essentially summaries of widely disparate data generated by dozens, hundreds or thousands of unique, individual sales occurring within different time periods. They are best seen not as precise measurements, but as broad, comparative indicators, with reasonable margins of error. Anomalous fluctuations in statistics are not uncommon, especially in smaller, expensive market segments. Last period data should be considered estimates that may change with late-reported data. Different analytics programs sometimes define statistics - such as "active listings," "days on market," and "months supply of inventory" - differently: what is most meaningful are not specific calculations but the trends they illustrate. Most listing and sales data derives from the local or regional multi-listing service (MLS) of the area specified in the analysis, but not all listings or sales are reported to MLS and these won't be reflected in the data. "Homes" signifies real-property, single-household housing units: houses, condos, co-ops, townhouses, duets and TICs (but not mobile homes), as applicable to each market. City/town names refer specifically to the named cities and towns, or their MLS areas, unless otherwise delineated. Multi­county metro areas will be specified as such. Data from sources deemed reliable, but may contain errors and subject to revision. All numbers to be considered approximate. Many aspects of value cannot be adequately reflected in median and average statistics: curb appeal, age, condition, amenities, views, lot size, quality of outdoor space, "bonus" rooms, additional parking, quality of location within the neighborhood, and so on. How any of these statistics apply to any particular home is unknown without a specific comparative market analysis. Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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