Ken's Copy of Monthly Market Data Newsletter Template

Homes & Happenings

in Marin County

Welcome to the beautiful month of November! 

I'm thrilled to share this newsletter, which is packed with market updates, current and coming soon listings, and local insights. It's your go-to guide for all things real estate in our vibrant community. Want to learn more about the current market? 
I'm always happy to chat.

Warmly,
Sharon

—October Market Data —

The Marin market continues to face low inventory, resulting in a 27 percent decline in sales volume year over year. However, the positive news is that Marin has fared better than most residential markets in the US, with only a 6 percent decrease in prices. This performance stands out, especially considering the supply issues compounded by homeowners benefitting from record low locked-in interest rates on existing loans.  

It's important to remember that the significant appreciation seen from 2020 through 2022 set high benchmarks that exceeded the values of the same homes in early 2020, prior to the pandemic.  

Analyzing the October sales data below,  note that it includes on-market sales, including homes that have been listed for over 200 days, as well as a small percentage of off-market sales. 

While multiple offers are less common in 2023, one consistent trend remains: buyers are still willing to pay a premium for newer construction homes in desirable locations with walkability or level lots with usable yards. This can be attributed to the high costs of labor and materials.  

If you're considering selling your home, now is an excellent time to discuss strategies to maximize its value. Don't hesitate to reach out to me for a conversation about your options and how to get the most out of your home sale. 

I'm here to assist you every step of the way.

MONTHLY MARKET DATA

HOME PRICE MAP

— Local Gems —

Agate Beach is my pick for the adventure seeker. It's known for its remarkable tide pools and gorgeous agate rocks that line the shore. This beach is perfect for those who love outdoor exploration and discovering marine life, like sea anemones and barnacles.

Regarded as one of Marin County's top six outdoor destinations, Sun Trail Loop is a hiking trail that offers breathtaking views of the bay and surrounding mountains. The 4-mile path begins at Mountain Home Inn and follows an itinerary towards Dipsea Trail before returning via Old Stage Road. It's rated moderate difficulty with a completion period of roughly two hours, featuring notable landmarks such as West Point Inn, Muir Woods National Monument, and Mount Tamalpais State Park along its way.

— Off Market —

Want to be in the know?

Visit my website to see my current listings and sold homes, as well as many testimonials, my newsletters, 
and more!

WEBSITE

Check out Coming Soon properties in 
Marin

COMING SOON

Sharon
Kramlich

415.609.4473
sharon.kramlich@compass.com
sharonkramlich.com
DRE 01184449

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.