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Marin County Single-Family Homes After posting $1.5 million-plus average sales prices in four of the past five quarters, it was unsurprising to see Marin County come back to earth a bit. The $1.432 million average home sale price was down 5 percent year-over-year, along with the 509 homes sold this quarter dropping 9 percent from Q3 2015. The average 49 DOM remained steady, proving in part that Q3’s down numbers were simply a byproduct of inventory being swallowed up in the feeding frenzy of the last year, rather than any change of valuation or buyer interest in the area.

MARIN COUNTY Average Sales Price

Days on Market

Average Price Per Sq. Ft.

Q3 2016

$1,431,607

49

$658

change

-10%

33%

-3%

Q2 2016

$1,597,033

37

$677

Q3 2016

$1,431,607

49

$658

change

-5%

-2%

6%

Q3 2015

$1,501,876

50

$623

* Data is sourced from the San Francisco Multiple Listing Service, the East Bay Region District Listing Service, Bay Area Real Estate Information Services, and MLS Listings (MLS). MLS data is provided by individual listing brokerages. These are sources we deem reliable. We have no reason to doubt their accuracy, but we do not guarantee them. Past performance does not guarantee future performance

Page 18 | McGuire Real Estate Quarterly Report - 3rd Quarter 2016

Profile for McGuire Real Estate

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