Tiburon 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.
Tiburon Summary
Tiburon experienced a slight decrease in home sales during the first half of 2024, with 38 homes sold compared to 42 homes in the same period in 2023. Despite the decline in sales volume, the average selling price increased to $4.2 million, up from $3.8 million in the second half of 2023. More expensive homes sold, with 9 homes selling between $5 million and $7 million during the first half of 2024, matching the total sold in
all of 2023.
Fewer homes sold above the asking price (29%) compared to 50% in the second half of 2023. The average percentage sold over the asking price also decreased to 8.5%. Nearly the same number of sellers received multiple offers (26%) as in the second half of 2023, and 50% of homes sold entered escrow within 15 days.
Despite market fluctuations, the Tiburon market continues to be very active, 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.
