Marin Market Snapshot- Aug 1-Aug 17, 2007

The Marin real estate market has not come to a crashing halt because of the mortgage industry troubles, despite what you may hear in the news. Here is a a quick snapshot of the Marin market:

136 NEW listings from Aug 1-Aug 17 in Marin County

• Belvedere -2
• Corte Madera -7 (2 already under contract, 1 already closed escrow)
• Fairfax -2
• Greenbrae - 3
• Kentfield - 2 (1 already under contract)
  
• Larkspur - 1
• Mill Valley - 18 (1 already under contract, 1 already closed escrow)
• Novato - 36
• San Anselmo -6 (2 already under contract)
• San Rafael - 24 (3 already under contract, 1 already closed escrow)
  
• Sausalito - 5
• Tiburon - 13 (1 already under contract)

Corte Madera homes are obviously moving quickly with 3 out of 7 homes brought on the market in the last two weeks no longer available. Novato homes aren't moving so quickly.

Buyer and sellers do need to be aware that the market has changed, but it can be very neighborhood specific. Loans are more difficult to obtain, financing may take longer, and some Marin cities will be hit harder than others. Curious about whether or not you should buy, sell or hold tight in Marin County? Go to BlogbytheBay.com to read more about the changing Marin Real Estate Market.