Expert Analysis by the Faber Real Estate Team
At the Faber Real Estate Team, we provide real-time insights to help you make confident decisions in Marin’s ever-changing real estate market. Below is our expert breakdown of single-family home activity (3+ bed, 2+ bath) since October 23, 2024.
📊 Market Activity Breakdown
Out of 1,042 listings within the last 6 months:
-
Active: 297 (29%)
-
Contingent: 37 (4%)
-
Pending: 80 (8%)
-
Closed: 545 (52%)
-
Closed Off MLS: 83 (8%)
🔍 Insight:
Among the 414 visible listings (Active + Contingent + Pending), 117 are already under contract, meaning 28% of the available inventory has secured a buyer. This is a clear signal of healthy buyer activity and competition for well-positioned homes.
In total, 628 properties have closed escrow — showing that when homes are priced and presented well, they move.
💰 Pricing Trends
-
Average Original List Price: $2.68M
-
Median Original List Price: $1.90M
-
Average Closed Price: $2.35M
-
Median Closed Price: $1.79M
📉 Our Take:
While prices remain strong, the modest gap between list and closed prices suggests a market that rewards preparation and pricing strategy, especially in the $2M+ range.
📐 Price Per Square Foot (PPSF)
-
Average Original PPSF: $975
-
Median Original PPSF: $865
-
Average Closed PPSF: $919
-
Median Closed PPSF: $824
📊 Insight:
Homes with thoughtful updates, great flow, and strong design continue to command a premium — buyers will pay more when the product is right.
🕒 Days on Market (DOM)
-
Average DOM: 43
-
Median DOM: 22
-
Homes sold in 30 days or less: 58%
-
Avg. sold price for quick sales: 103.47% of original list
⏰ Why It Matters:
Homes that are priced right and visually compelling move quickly — and often attract multiple offers or sell over asking. The first impression is everything.
🏆 Faber Real Estate Team’s Point of View
We’re seeing two markets:
✅ One for properties that are move-in ready, priced strategically, and launched with purpose — those sell fast.
⛔ Another for homes that test the market — they linger, eventually reduce price, and risk leaving money on the table.
For Sellers:
-
⏳ Preparation & Timing = Leverage
-
📈 Price to Generate Offers
-
🛠️ Invest in Smart Improvements
For Buyers:
-
📊 Use the Data to Win
-
📍 Gain Private Access with Us
Off-market opportunities accounted for 8% of recent sales. That edge matters — and we have it.
🔑 Final Thoughts
If you’re considering buying or selling, we’d love to guide you through your options with clarity, experience, and strategy.
Take the first step — schedule a consultation with the Faber Real Estate Team today.