Marin County - Q4 2024 Market Overview
Marin County's real estate market demonstrated clear seasonal shifts in Q4 2024, with inventory levels dropping sharply to 217 active listings by December, reflecting reduced seller activity. Sold listings remained relatively stable but showed a gradual downward trend, indicating a cooling in buyer demand. Median sales prices fluctuated throughout the quarter but settled at approximately $1.5 million, demonstrating resilience in property values despite market softening.
The average days on market increased to around 60 days, suggesting longer sales timelines as buyers took more time to make decisions. Meanwhile, the average price per square foot decreased from the quarter high of $897 to the lower $800s, underscoring a decrease in value for the area during Q4. Overall, these indicators point to a balanced but slower market typical of the winter season, with strong fundamentals heading into the new year.
CA DRE 01254853