Greenbrae Real Estate – 2024 Mid-Year
An Inside Look at Marin County Real Estate
Nearly the same number of homes sold in Marin County during the 1st half of 2024 compared to the same period last year as 804 homes sold. The average sales price increased by 9% to nearly $2.3 million, surpassing the previous six-month average. The same number of homes sold above their asking price (50%) compared to the previous six-month period.
The housing market continues to show signs of strength, driven by a robust job market that keeps momentum going.
Greenbrae Summary
Greenbrae observed an increase in home sales during the first half of 2024, with 21 homes sold compared to 14 homes during the same period in 2023. This rise is mainly attributed to a higher number of homes sold in the $2 million to $3 million price range. The average sale price for homes sold in the first half of 2024 was nearly the same as in the second half of 2023, at $2.1 million.
More homes sold above the asking price (71%) and with multiple offers (81%) than in the second half of 2023. The average percentage sold over the asking price also increased to 14%. Nearly all homes priced above $2 million sold above the asking price. Homes in Greenbrae entered escrow at a faster pace than in the previous six-month period.
Greenbrae continues to be in very high demand, especially for homes with new finishes, modern amenities, and open floor plans.
If you’re interested in maximizing the value of your home and determining an optimal pricing strategy, I invite you to contact me. I can guide you in preparing your home for sale and ensure a hassle-free selling experience right up to the completion of your move.
