Pools have moved up on the wish list. Go from the Zoom meeting to a dive in the pool. I can relate.
Multiple offers are back in full force. We just went into contract with a property that had 21 offers! Fortunately, our smart buyers were well prepared. They knew the area sales to make an informed decision, they were fully approved by a highly reputable mortgage broker, and spent plenty of time with the disclosures. With that, they were able to make a strong offer and win their home.
Unit sales are up over the last 3 months. How can that be? There are fewer properties, and they’re difficult to see. Sure enough, 764 single-family homes closed this year compared to 733 last year.
Prices are up over the last 3 months in many towns. The median price this Summer in Marin is $1,500,000, which is $200,000 over the same time last year. Mill Valley’s median price is $1,885,000, up $295,000. Sausalito’s median price is $2,365,000, up a whopping $665,000. Not to conclude that prices are up that much on an annual basis, but the numbers this Summer do tell us that lots of people want to live in Marin.
