Marin Market Update - November 2023

Marin Market Update

November 2023

The Skinny

A NOTE FROM DANA Retreat San Diego: Connecting you with the best agents Changes in Buyer's Agent compensation JUST SOLD in MILL VALLEY Centrally located fixer-upper near Tam Junction LISTED in MILL VALLEY Spacious, two level mid century modern home COMING SOON in LARKSPUR Magical Madrone Canyon modern craftsman home COMMUNITY CHAT #5 Get a beat on the latest happenings in Marin MARKET STATS - MARIN, NOVEMBER 2023 Interest rate decline in early November Marin median homes sale price down 4%* *Year over year, 3 month rolling count

A Note from Dana

Happy November everyone. Despite the historically slow season, various factors like insurance, interest rates, pandemic effects, and a significant lawsuit against the National Association of Realtors have created a turbulent market as we head into the holidays. Here's a quick update: Compass Retreat in San Diego: Networking for Your Benefit This month, I attended the Compass Retreat in San Diego, connecting with top hyper-specialized agents from various markets. It's a honor to share that COMPASS is the #1 broker in the US in 2023 in terms of closed sales volume. If you ever need assistance in another market, especially for a second home or vacation property, I have a network of trusted colleagues ready to help. Changes in Buyer's Agent Compensation: Navigating the Landscape A recent lawsuit against the National Association of Real Estate could reshape how buyer's agents are compensated. Rest assured, my commitment to exceptional service remains unwavering. The buyer-broker agreements I've championed may become the standard, and I'll keep you updated as the situation unfolds. If you have questions or are considering a move in the current market, feel free to reach out. Your satisfaction is my top priority. Have a warm and happy holiday season, - Dana | 415-609-7972

Sold in Mill Valley Buyer Representation by Dana Williams

MILL VALLEY 306 Marin Ave 3 BD 1 BA 1006 SF $940,000 With vaulted ceilings and a large backyard, this Mid-century single story fixer-upper featured a fully converted garage, high ceilings, and french doors. Close to excellent Mill Valley schools, the Tennessee Valley trailhead, Kay Park, Highway 101 and Tam Junction, this really was a one-of-a-kind find!

Lease Listing Listed by Dana Williams Homestead Valley 308 Todd Way 4 BD 2 BA 1739 SF $6250/month This spacious two level mid century modern home boasts many classic features of its era. The main level includes front door entry, a large living and dining room with fireplace, a free flowing galley style kitchen with breakfast nook, two bedrooms, a bathroom with tub and shower and an outdoor deck. An abundance of windows allow light to flood these spaces and provide partial views of beautiful Homestead Valley. Learn More Coming Soon Seller Representation by Dana Williams Larkspur 29 Millard Rd 4 BD 3.5 BA 2059 SF Located in the magical lower Madrone Canyon, this modern craftsman style home is just a short distance from the highly desirable & vibrant community of downtown Larkspur. An abundance of natural sunlight floods throughout the property and a large level fenced backyard provides a quiet outdoor space for future indoor and outdoor living.

Interested?

Community Chat #5 Keeping a beat on life in Marin

And don't forget to check out my latest issue of Community Chat, which focuses on life in Marin. In this issue, we explore Mill Valley's Old Mill Park, a cherished family spot. Discover Proof Lab's journey in creating a community hub for surfers and skaters, savor Piazza D'Angelo's focaccia bread recipe, and find insightful tips for homeowners navigating the ever-changing insurance landscape. This is one not to be missed! Check it Out

Marin Market Update Detailed statistics and graphics

MARKET STATS - MARIN, NOV. 2023

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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