Marin Monthly Update - July 2023

Marin Monthly Update

July 2023

A Note from Dana Enjoy where you live! Summer is a favorite time to get outside in the fresh air and spend it with cherished ones. Although baseball is a popular sport in the Williams household, an afternoon kayaking off Sausalito was an activity enjoyed by all, and one I recommend (with Sea Trek Kayak). A proud Dad would like to congratulate his middle sons' Mill Valley 11U All Star team for winning the District 3 Championship (see above right photo). Next up is Sectionals in Petaluma starting July 14th. Go Mill Valley!

Marin Market Stats Summary - Median sale price is down 10% year-over-year, but up 4.5% from two years ago. - Average dollar per square foot rests at $995, up from $943 last quarter. - 52% of Marin sales closed over listing price in June. - New listings are down 30% from June of last year. View the complete market report below. Curious how these stats affects your buying or selling decisions? Reach out any time! Dana | (415) 609-7972

MARKET STATS MARIN - JULY 2023

That's a wrap! Have a wonderful day! - 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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