Marin Monthly Update - September 2023

Marin Monthly Update

September 2023

A Note from Dana Marin is such a beautiful place to live. Trying to capture it with my iPhone when out exploring is something I really enjoy. Above are two recent examples. Have you recently taken a photo you think captures the beauty? Send it to me here… I’d love to see it.

If you know me, riding bikes is a passion. Racing them is a hobby that continues to take a step back as my family and business grow. My one and only race of 2023 was the Giro di San Francisco. The stars aligned and I crossed the finish line first, but more memorable was seeing my kids cheering me on and then getting to hang out with them.

In contract 86 Hillside Avenue 4 BD 3 BA 1996 SF $2,895,000 Nestled right next to downtown, this thoughtfully remodeled 4 bedroom 2.5 bath home offered a rare opportunity to experience the very best of Mill Valley living.

Marin Market Stats Summary - 82% of houses sold under $1.5M were in Novato, San Rafael, San Anselmo, and Fairfax. - 47% of homes closed over asking price in August. - August's weekly average 30-year mortgage rate ticked up over 7%, where it remains so far. - The % of buyers paying "all cash" has been running at it's highest national level in eight years. 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 - SEPTEMBER 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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