Home Prices in Marin County Q1-2010

The median price for a single family home in Marin in Q1 was $775,000, up 9% from the same quarter a year ago and up 3% from the previous quarter. The median price for a condo was $363,000, up a 40% from the same quarter a year ago and up 7% from the previous quarter. The Q1 median price by area and the percent change from the same period in 2009 and from the previous quarter (Q4-2009) is shown below:

Single Family Homes		Year Change	Qtr Change			Year Change	Qtr Change
Belvedere/Tiburon*	$1,680,000	-40%	-30%	Novato	$532,500	-6%	-9%
CM/Greenbrae/Larkspur*	900,000	6%	-12%	San Anselmo	745,000	9%	-6%
Fairfax/San Geronimo*	563,000	-8%	-2%	San Rafael	654,000	-1%	-5%
Kentfield/Ross*	2,025,000	27%	24%	Sausalito*	895,000	-31%	-31%
Mill Valley	1,125,000	17%	27%	All Marin	$775,000	9%	3%

Condos/Townhomes		Year Change	Qtr Change			Year Change	Qtr Change
Tiburon/Mill Valley*	$760,000	57%	60%	San Rafael	$334,000	69%	17%
CM/Greenbrae/Larkspur*	480,000	10%	2%	Sausalito*	525,000	-20%	13%
Novato	289,000	11%	8%	All Marin	$363,000	40%	7%

Statistics from BAREIS MLS, deemed reliable, but not guaranteed.

* Less than 25 homes have sold this quarter for this area, so these statistics are less reliable than those for other markets.

This is an excerpt from my Q1-2010 Marin Real Estate Market Update. You can read the entire report on myh website at www.MarinRealtyExperts.com/Current_Market_Report.

Peter Nielsen, Peter@MarinRealtyExperts.com