Ross 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.
Ross Overview
During the first half of 2024, the limited inventory of homes for sale in Ross led to a decline in sales compared to the same period in 2023. Only ten homes were sold, but the average price per square foot sold increased to $1,680, up from $1,404 in the previous six months.
The market for higher-end homes saw a rise in activity, with four homes selling for $6 million or more (including two above $10 million), compared to three such sales in all of 2023.
More homes received multiple offers (40%) and sold above the asking price (50%) in the first half of 2024 compared to the second half of 2023. Clearly, the demand for Ross homes appears to be unending.
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.