Uncategorized October 17, 2025

Marin County Home Sales Continue To Rise In September 2025

 

It looks like the interest rate cuts to mortgages helped sales in Marin County in September, as the number of sales went up 14.9% – let’s call it 15%!  Pricing went up across the board, as average sales price (up 5.1%)and median sales (up 6.2%) both increased.

 

September is usually a strong month for real estate sales in Marin as families return from vacations. But those kinds of increases are unusual, and we believe mortgage rates hitting 6% or less drove it.

Currently though, things are slowing down a bit. Inventory continues to be strong, with 759 homes for sale in Marin County. Only 24% of those homes are in contract right now, which is technically a buyer’s market.  That means Buyers have a little more leverage than they typically do.

The  three price categories we track are all Buyer’s Markets as well. Under $1,000,000, 28% of homes are in contract. From $1,000,000 to $3,000,000, 24% of homes are in contract. And from $3,000,000 + ,  17 % of homes are in contract.

We tried to break sales down by market analytically, but there are no real trends evident geographically. But on a qualitative basis, based on what we hear in sales meetings and q quick review of MLS,  it is location and condition dependent .

As is typical lately , homes in great shape, where little work is required, and in good locations, tend to move quickly and at a premium. As one agent said in our sales meeting today, “Today’s buyer does not want to do any work.” That’s quite a change from when we bought our home – we are still doing work on it!

Initial October numbers from a pricing standpoint still look pretty good, with homes closing recently at 102% of list price.

Numbers for September are shown below.

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