As we step into fall, the Marin County real estate market is showing fresh energy. After a slower summer, many buyers who had been sitting on the sidelines are jumping back into the market. Lower mortgage rates, more inventory, and renewed confidence are giving both buyers and sellers new opportunities in this dynamic housing environment.Marin Single Family Homes – August 2025 Data
The median sold price for single family homes in Marin County held steady near $1.625 million in August, representing a modest increase compared to last year. While the overall pace of sales has slowed slightly, the market remains competitive for well-prepared and well-priced properties.
- Homes are spending more days on market than they were in the spring, which gives buyers additional time to evaluate, negotiate, and inspect.
- Despite this, standout homes in desirable neighborhoods such as Mill Valley, San Rafael, and Novato continue to draw strong attention and, in many cases, multiple offers.
- At the higher end, the luxury real estate market in Marin remains strong. Cash buyers are moving quickly and decisively, underscoring that demand for unique, high-quality homes is alive and well.
Mortgage Rates, the Fed, and Buyer Confidence
The Federal Reserve recently cut its benchmark interest rate, leading to mortgage rates dropping to their lowest point in more than a year. For buyers, this means greater affordability and more purchasing power. For homeowners who purchased in the past two years, it may also be the right time to consider refinancing.
Each time rates dip, more buyers reenter the market. That is why I remind my clients that it is impossible to perfectly “time” the market. Instead, the best strategy is to buy when you are ready. The smartest buyers are fully underwritten and pre-approved, and they remain “actively patient” — prepared to move when the right home presents itself.Sonoma County Market Snapshot
Just north of Marin, the Sonoma County real estate market is showing a slightly different story. Median prices there are lower, hovering between $800,000 and $850,000, and homes are spending more time on the market compared to last year. Conditions in Sonoma currently lean more toward a buyer’s market, while Marin remains more balanced.What This Means for Buyers and Sellers
- For Buyers: Increased inventory and lower mortgage rates are creating opportunity. Whether you are looking in Novato, Tiburon, Mill Valley, or San Anselmo, this is a time to stay prepared and ready to act.
- For Sellers: Strategic pricing and strong presentation are still the keys to success. With more homes on the market, standing out is more important than ever.
Work with a Local Marin County Real Estate Expert
The market is dynamic, and having the right guidance makes all the difference. Whether you are planning to buy, sell, refinance, or simply want to explore your options, it is never too early to reach out.
Contact Corey Robinson, Journey Real Estate | DRE #01783258
Your trusted resource for Marin County and Sonoma County real estate.
