May 25, 2018

Weekly highlights

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• Pick of the week: 700 Fawn Dr, San Anselmo. 3 BD/2 BA. A Majestic spot in Sleepy Hollow. Set on a 1.3 acre lot is this architectural gem. $1,050,000. 

• New: 39 Cielo Dr, Greenbrae. 4 BD/3 BA. Sun-filled renovated open-concept mid-century modern home in coveted Greenbrae. Stunning Mt. Tam views. $2,065,000.
• New: 24 Glen, Sausalito. 3 BD/3 BA. Very rare and first time on the market in 40+ years! Beautiful California Bungalow with water views in a highly desirable area.  $1,595,000.

Market Trends - Marin County

• Total Available Properties for Sale: 439 (+5.4% change from May 2017)
• Total in Contract: 301 (-0.2% from May 2017)
• Absorption Rate (Pended Sales %): 68.5% (-5.0% from May 2017)
• Median Sold Price in last 30 days: $1,272,750 (+4.50% change from May 2017)

• The Best Housing Markets for Home Flippers
• Higher gas prices could hurt already weakening home sales
• Zillow: Rent vs. buy break-even point falls by a month in Q1

This Week's Rates

• Jumbo 30 year fixed:  4.25% 
• High balance conforming 30 yr fixed (up to $679,650): 4.75%

New Listings (North --> South)