Marin Monthly Update - June 2023

Marin Monthly Update

June 2023

A Note from Dana Someone's getting younger...and it isn't me (sadly). But I did get a chance to celebrate another year of living in gorgeous Marin with my family and friends in the community. Spring is well-known to be quite active in the world of real estate, with homebuyers and sellers eagerly navigating the market as school lets out for the Summer. Time will tell how the 2023 Summer market plays out.

Market Stats Summary - Almost 9% of Marin County homes sold for $4million+ - Median home sale price/sqft is just over $900, down just over 10% from the peak in early 2022. - The number of new listings is at it's lowest point in over 20 years, and sales volume since the great recession. Curious how this affects your buying or selling decisions? Reach out any time! Dana 415-609-7972 PS - don't forget to check out my latest issue of Community Chat.

Community Chat May 2023 Offering tips and advice while showcasing the people, places and events that make Mill Valley special. Community Chat - May 2023

MARKET STATS - MARIN JUNE 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.

marketingcenter--