October 2024 Market Report Newsletter  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Homes & Happenings

in Marin County

As the weather changes and feels considerably brisk, the housing market is experiencing significant shifts as well. With the fall season in full swing, new listings coming to market have now slowed down considerably, and existing listings are being sold, reducing the available inventory. Motivated sellers looking to close deals before year-end have shown a greater willingness to negotiate, fostering a favorable environment for buyers in certain cases.


I truly believe that the heart of my role as a real estate agent is helping buyers get the best deals for the lowest price and ensuring sellers achieve top dollar for their homes. 

I'm thrilled to share that for every seller I represented, I exceeded expectations by negotiating sales above the asking price, often very significantly so. And for every buyer I represented, I successfully negotiated deals below the asking price, ensuring optimal savings.


I'm very proud of these results, as they show how consistently I've been able to outperform the market with every transaction. My commitment to getting the best value for you is as strong as ever, and I'm excited to make continue to thrive for the best results for all of my clients.

 

I am anticipating a bustling spring market. If you're considering selling next year, now is the perfect time to explore strategies for maximizing value, exposure, and timing. I would be delighted to meet with you to walk through your home and to discuss these considerations, allowing plenty of time for planning the best possible outcome.


Happy Halloween Season!

 

Sharon.

On September 18th, the Federal Reserve cut its benchmark rate for the first time since 2020, boosting housing markets. Analysts expect more cuts by year-end as inflation hits a 3½-year low and consumer confidence rises for the fourth month. While stock markets remain near all-time highs, they've been volatile since mid-July.

As of early October, mortgage rates fell to their lowest since February 2023 but spiked after a strong jobs report, likely a short-term fluctuation. Interest rate predictions are challenging, but rates are expected to decline further in Q4.

Despite lower rates, buyer demand hasn't rebounded as many wait for more declines. The rise in available homes outpaces sales, favoring buyers, though some properties still sell quickly above asking price. Typically, market activity peaks in spring and cools in fall.

October marks the peak of the autumn selling season before a slowdown into winter. Sellers often reduce prices to close deals before this drop.

Sharon is simply the best in class. Many years ago, Sharon helped us locate and then purchase our first / dream home in Tiburon where our kids were born.


We were only able to afford the house due to Sharon’s savvy negotiating. Most recently, we sold this house, after renting it for a few years. Sharon was equally incredible, first helping us renovate it for sale, and then selling it at 13% above list and closing in less than 10 days.


I can’t emphasize enough how Sharon’s design judgement and countless hours helping with the project turned out to be a game-changer.


Over the years, we have worked with other realtors due to moving often for work and my wife and I would unequivocally state that Sharon is top of the list.


Geoff & Catherine Tanner

Seller - 20 Cypress Hollow Dr, Tiburon

OCTOBER 10 - NOVEMBER 3, 2024

TIME MAY VARY

Marin Theatre Company presents “Yaga”

MTC kicks off its 2024/25 season with a thrilling new mystery.

397 MILLER AVENUE, MILL VALLEY

OCTOBER 18, 2024

7:OO PM - 11:30 PM

Mykal Rose with DJ Sep at Sweetwater

A night of reggae music.


19 CORTE MADERA AVE, MILL VALLEY

OCTOBER 19, 2024

1:OO PM - 5:00 PM

A TOAST TO SAUSALITO 2024

Enjoy a fun-filled day of food, drinks, art and family fun.

CALEDONIA STREET, SAUSALITO

OCTOBER 27, 2024

12:OO PM - 1:00 PM

HOWL-O-WEEN DOG COSTUME CONTEST

Mill Valley is hosting its second annual Dog Costume Contest this Halloween

129 MILLER AVE, MILL VALLEY

Looking for a primary residence, second home, or investment property outside of Marin? I am connected to some of the best agents in the country and would love to make an introduction!

338 NORTH FERNDALE, MILL VALLEY

4 BD 4 BA 2600+ SF $2,295,000

Tucked in peaceful Homestead Valley, this sun-soaked mid-century modern home has been fully revamped. Designed for today's lifestyle, it features separate exterior access to both levels, ideal for work-from-home setups. Enjoy expansive decks, a landscaped yard, and a hot tub for indoor-outdoor living. Additional highlights include hardwood floors, skylights, A/C, a 3-car carport, ample storage, and a utility room.

52 PARK ROAD, FAIRFAX

6 BD 6 BA 4,284 SF $1,800,000

Just a block from vibrant Fairfax, 52 Park is a charming 1920s home with over 4,250 sq ft on an 8,000+ sq ft corner lot. It offers 6 bedrooms, 6 bathrooms, a cottage, and an updated owner’s unit, blending vintage charm with modern conveniences. A quick stroll brings you to downtown shops and dining, making it perfect for families or investors seeking an active Marin lifestyle! For details, please call or email me!

22 VILLAGE CIRCLE, SAN RAFAEL

2 BD 2 BA 732 SF $549,000

This bright, remodeled upper-floor end unit in Meadow Oaks features tall ceilings, a walk-out patio, and a modern kitchen with high-end appliances. It offers two bedrooms (one en-suite), two updated bathrooms, new flooring, and an in-unit washer/dryer. Enjoy covered parking and access to a pool, spa, clubhouse, and playground, all conveniently located near hiking trails, China Camp, shopping, and public transit!

95 ELDRIDGE AVENUE

MILL VALLEY

Sold for $6,200,000

Seller Representation

Achieved 24.12% Over Asking Price

11 ELMA STREET

MILL VALLEY

Sold for $6,000,000

Seller Representation

Achieved 9.19% Over Asking Price

20 CYPRESS HOLLOW

TIBURON

Sold for $3,500,000

Seller Representation

Achieved 13.09% Over Asking Price

21 BAYVIEW

LARKSPUR

Sold for $3,250,000

Buyer Representation

Achieved 1.36% Under Asking Price

520 WOODLAND RD

KENTFIELD

Sold for $3,500,000

Buyer Representation

Achieved 5.40% Under Asking Price

170 BAYVIEW

MILL VALLEY

Sold for $1,075,000

Buyer Representation

Achieved 2.27% Under Asking Price

13630 GIBSON

GLEN ELLEN

Sold for $1,075,000

Buyer Representation

Achieved 6.52% Under Asking Price

1385 GROVE CT

ST HELENA

Sold for $1,900,000

Buyer Representation

Achieved 48.95% Under Asking Price

Discover the Charm of Homestead Valley: A Family-Friendly, Mill Valley Neighborhood



Discover Fairfax:

A Hidden Gem of Marin County for Families, Outdoor Enthusiasts, and History Buffs

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I am extremely proud and honored to have been named as one of the verified Real Trends top 1.5% of real estate agents in the Country again.


I am deeply grateful for the trust and support of my amazing clients, colleagues, family and friends. I owe this achievement to you all and thank you for choosing me to represent you in your real estate journey.

Sharon

Kramlich

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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