Sausalito 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.
Sausalito Summary
In the first half of 2024, home sales remained consistent with the same period in 2023, totaling nineteen homes. The average selling price decreased to $2.4 million due to fewer sales of high-end homes, with none exceeding $4 million amid limited inventory between $3 million and $5 million. The average price per square foot sold also decreased to $1,040.
A smaller proportion of homes sold above asking price (37%) compared to the second half of 2023 (62%), and multiple offer situations decreased notably to 32%.
Given these market dynamics, preparing your home for sale and adopting an effective pricing strategy are crucial to maximize its value and ensure a timely sale. Sausalito remains highly desirable to buyers with similar interests, despite fluctuations in the market.
Please feel free to contact me—I’m here to assist and ensure a smooth selling process from start to finish.
