It’s the middle of December and the word is: the real estate market has been strengthening steadily throughout the year. When 35% of the homes for sale are in contract, that is known as a “Seller’s Market”. Currently 51% of the homes in Marin are in contract, this is called an “appreciating” market, with the limited inventory driving prices up once again.
We continue to be anxious for more inventory! If you have a home and are holding off until next year, think again. It is highly likely that your home would receive multiple offers if you were to put in on right now, two weeks before Christmas!
If you’ve read this far, allow me to wish you a very Happy Holiday Season! And please feel free to contact me anytime should you need real estate support or assistance.