Happy New Year! I hope you had a wonderful Christmas time and it was not too difficult to re-enter. The market didn’t last as long as usual in December – I personally signed contracts on both Christmas Eve and New Year’s Eve, a first for me. Inventories in Marin County decreased 18% year over year, average prices remained unchanged and sales increased approximately 20%.
My remarkable sales in December
December was a strong year for me, just the second after 2016. I represented a buyer on a large, modern 4.9mm estate in Ross – Adresse, which was held back for privacy reasons. He closed my list in connection with Global Estates on Christmas Eve and then on New Year’s Eve 190 Gilmartin Drive (pictured above) closed for $ 6,625,000.
Here comes spring!
As I write this, it’s a cold winter morning and I can’t see much behind my windows as all of Marin is covered in thick fog. However, spring is just around the corner and with it the busy spring real estate season Marin. If my forecast for the whole year (below) is fulfilled, this spring will be even more important than others.
I am actively working on a number of offers that I would like to present from next week for sellers who want to jump into the season. There are many buyers out there – both my own and those who visit my website who have new, powerful search tools that buyers can use to set up daily / weekly notifications of new offers, market reports and open houses. Buyers can sign up to receive an automated market report for Marin or just for a specific city or towns. In addition, buyers can receive open houses via email every Thursday this weekend.
Just listed and coming this month
1408 Douglass St (see below) is a newly interpreted modern masterpiece in the coveted enclave of Noe Valley. With 3 bedrooms, 3.5 bathrooms, an open floor plan, indoor and outdoor areas and a fascinating panoramic view, it is the perfect combination of sophisticated style, modern rooms and ultimate privacy.
195 San Francisco Blvd (also below) is the ideal family home and the epitome of curb appeal in one of the best neighborhoods in San Anselmo. This beautiful 4 bedroom, 2.5 bath craft house has an open concept floor plan, 2 family rooms and a large, level lawn that is perfect for playing and entertainment.
What does Marin / Bay Area Real Estate think in 2020?
I always hesitate to make predictions and joke that my crystal ball is cleaning, but there seems to be a general consensus that there will be a slowdown in 2020. It’s an election year and what we experienced in 2016, the autumn market hadn’t really happened – all eyes and energy were on the election. I don’t know if that will happen again, but I would bet on a very strong spring market based on current stock market performance and the strong winter season, then on the typical doldrums in summer and an autumn slower than 2019. Stay Your turn!
Let’s talk about the Marin real estate market!
This Marin County monthly property market reports are a great place to learn more about the market. Let’s continue the conversation – I’m always happy to discuss the market and find the best way to know whether you’re a buyer or a seller.
Thank you to everyone who reads this report every month for supporting my business. I couldn’t do it without you. Call me or text me anytime at 415-847-5584.
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