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The Baseball Train Keeps Chugging Aug 17th - Big changes in the Real Estate Industry NEW LISTING in SAN RAFAEL The best value for a home on the water in Marin? Muir Beach Bon Fire - August 25 NEW EPISODE - REAL ESTATE in MARIN The market fell off a cliff this past week. Fear is brewing in the industry with Aug 17th changes. MARKET STATS - MARIN - JULY 2024 New listings coming to market in Q2 are up 14% YoY Number of homes for sale on July 1st jumped 32% Price reductions in June leapt 50% YoY |
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The Baseball Train Keeps Chugging Summer brings more baseball and ice cream! Our two oldest boys played on their respective (U14 & U12) Mill Valley Little League All-Star teams and came away with the District Championship. Sure, winning is fun, but the best part about sports for me is the lessons they teach around dedication, perseverance, teamwork, and the need for a little luck. Aug 17th - Big Changes in Real Estate This summer brings more than just the usual market ebb and flow. The proposed National Association of Realtors (NAR) settlement agreement is set to go live on August 17th, introducing a wave of uncertainty and new changes. This development could impact how market participants navigate the real estate landscape, from commissions to how agents engage with clients and listings. Rest assured, I'll be here to explain and help navigate these changes as your trusted advisor. You may think that I'm too busy to talk or that your question isn't worth asking. That is not the case. Reach out anytime. |
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| Newly Listed in San Rafael Seller Representation by Dana Williams |
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| | | 4 BD 3 BA ±1922 sqft $1,649,500 |
| Private waterfront living at its best! This energy-efficient, single-level home was completely rebuilt above the FEMA guidelines in 2016. Spectacular scenery, ample amenities and direct access to the entire bay await. The 1922sqft home includes 4 bedrooms (two ensuite), 3 bathrooms, an island-style kitchen, a main living area with a gas fireplace, a laundry room, and a home office. The front of the home is split between a large 4-vehicle driveway with a built-in basketball hoop, and a fenced-in yard with fruit trees (pear, nectarine, apple, lemon), an in-ground trampoline, and a soothing water fountain. The back yard boasts a large deck with retractable doors to the kitchen and primary bedroom and a flat yard with steps directly onto a private dock. |
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| August 25: Muir Beach Bon Fire |
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We live in a beautiful place! Life can get busy and make it challenging to find time to experience our surroundings. In appreciation of friends and their families, I've decided to create and host casual private events. They are meant to allow people to relax, unplug and enjoy our beautiful environment. I'd be thrilled if you were able to carve out some time to join the experiences. The first one is on August 25th from 6:30pm-9:00pm. Food, drinks, the fire and a good time will be provided. RSVP to follow. |
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| | | The Summer market (aka, the 'Summer Doldrums') is here. New and sold listings are down considerably from April & May. There is also concern related to the National Association of Realtors proposed settlement agreement, which will become effective starting August 17th. How does this affect you? Cut through the noise with Dana and Alex as we summarize the biggest talking points of Marin's Real Estate sector in five minutes or less. |
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| Detailed statistics and graphics |
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| | Have a wonderful day! Reach out any time. |
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| | Your Partner in Real Estate dana.williams@compass.com |
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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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