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| | Happy New Year, lets embrace all of our challenges and make 2025 a great one! 🎉 |
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In 2024, the median house sales price rose year over year, with an increase in new listings and sales compared to 2023, though volumes remained below long-term norms. Luxury home sales, fueled by rising stock markets, strongly outperformed the general market. Overbidding decreased slightly, and listings took longer to sell on average.
Macroeconomic trends were mixed. Inflation dropped from 3.1% to 2.7%, and the Fed reduced its benchmark rate for the first time in four years, followed by two more cuts. However, interest rates rose unexpectedly, ending the year higher than when it began. Stock markets appreciated significantly, boosting household wealth and consumer confidence, which ended 6% higher than a year earlier.
Real estate markets remained seasonal, with December the slowest month. Activity typically rebounds in early spring, though conditions depend on weather and broader economic factors. A new year often brings renewed optimism and real estate plans. |
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| 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 help you to find the right match and make an introduction for you! |
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“Don't compare your life with others. There's no comparison between the sun and the moon, they shine when it's their time."
— Fiz Lorsman |
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| | Marin Magazine: January 2025 |
| For more exciting events in Marin this January, visit Marin Magazine!
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| | | Marin Year in Review 2024 |
| How was your 2024? Marin made the most of its 366 days—let’s revisit some key developments! |
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| | | Fire Smart Landscape Basics |
| Firescaping uses fire-resistant designs and plants to help protect your home from fire.
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| | Welcome to 35 Bernard Street, a remodeled 5-bed, 3.5-bath home near downtown Mill Valley. Features include a chef’s kitchen, media room, Tesla solar, EV charger, metal roof, 2-car garage, landscaped yard, and proximity to top schools and parks. |
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| | | | One block from downtown Fairfax, 52 Park is a 1920s gem on a corner lot with 6 beds, 6 baths, and a cottage. This 2-unit property blends vintage charm with modern convenience, ideal for extended family or investment. |
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| 95 ELDRIDGE AVENUE MILL VALLEY |
| Sold for $6,200,000 Seller Representation Achieved 24.12% Over Asking Price |
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| | | 11 ELMA STREET MILL VALLEY |
| Sold for $6,000,000 Seller Representation Achieved 9.19% Over Asking Price |
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| | Visit my website to see my current listings and sold homes, as well as many testimonials, my newsletters, and more! |
| | See how my client was impressed with the results! |
| | Check out Coming Soon properties in Marin |
| | Check out Compass Luxury Curated Magazine |
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| 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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