February 16, 2018

Weekly highlights

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• Pick of the week: 39 Dutch Valley Ln, San Anselmo. 4 BD/4 BA. Set in its own private valley this one level expansive ranch style home has an effective layout for many buyer's needs. $2,299,000.

• New: 23 Gothic, Novato. 4 BD/4 BA. Dramatic, sophisticated home located on a quiet cul-del-sac with beautiful views throughout, boasts an expansive gourmet chef's kitchen. $1,100,000.
• New: 8 La Rosa, Larskspur. 3 BD/3 BA. Uber charming & wonderful 1920s craftsman bungalow on small street in much sought-after Baltimore Park neighborhood close to bike path & historic downtown. $2,350,000.

Market Trends - Marin County

• Total Available Properties for Sale: 251 (-8.0% change from February 2017)
• Total Homes in Contract: 130 (-16.7% from February 2017)
• Absorption Rate (Pended Sales %): 52% (-5.0% from February 2017)
• Median Sold Price in last 30 days: $953,500 (+0.01% change from February 2017)

• $303K is the annual income now needed to buy a median priced home in San Francisco      
• Renters outnumber homeowners in some Southern California cities
• 5 percent Mortgage Rates Aren’t Scaring Buyers  

This Week's Rates

• Jumbo 30 year fixed:  4.375% 
• High balance conforming 30 yr fixed (up to $636,150): 4.5%

New Listings (North --> South)