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Marin County Single-Family Homes Marin County did experience a bit more buyer hesitation, along with some potential high-end sellers staying on the sidelines, than its luxury counterparts did in San Francisco and Mid-Peninsula. These trends manifested in an average home sales price of $1.434 million that was down 5 percent year-over-year. The 485 homes sold was also down 6 percent from Q4 2015. Meanwhile, the increased average 59 DOM further proved that buyers are biding their time more carefully and taking advantage of a playing field that is continually leveling out. As the first quarter of 2017 quickly gets underway, it would not be surprising to see an increase in high-priced, desirable homes hitting the market—and in turn, average sales prices moving back toward the $1.5 million mark.

MARIN COUNTY Average Sales Price

Days on Market

Average Price Per Sq. Ft.

Q4 2016

$1,433,891

59

$634

change

0%

21%

-4%

Q3 2016

$1,431,607

49

$658

Q4 2016

$1,433,891

59

$634

change

-5%

12%

-2%

Q4 2015

$1,515,679

53

$646

* 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 - 4th Quarter 2016

Profile for McGuire Real Estate

McGuire Real Estate Quarterly Report | Fourth Quarter 2016  

McGuire's Quarterly Report for the San Francisco Bay Area Market for the 4th Quarter of 2016 featuring details on the state of the market in...

McGuire Real Estate Quarterly Report | Fourth Quarter 2016  

McGuire's Quarterly Report for the San Francisco Bay Area Market for the 4th Quarter of 2016 featuring details on the state of the market in...