January Market Update: What’s Ahead in 2025 Marin Real Estate

Larkspur, Marin County Real Estate, Marin Homes, Larkspur Homes, Indoor Outdoor Living, Open Concept Living

Before diving into 2025 Marin real estate predictions, let’s take a moment to reflect on the market in 2024—what we experienced, what we learned, and most importantly, what it means for you as we move into the new year.

2024: A Year of Strength, Growth & Opportunity

Despite economic uncertainties, Marin real estate proved its resilience. Home values remained stable, sales picked up, and demand for well-prepared homes continued to drive competition. Overall, 2024 laid the foundation for continued stability and growth in the Marin County real estate market, and we’re optimistic for the year ahead! 

Here’s a look at the key trends that shaped the market:

  • Sales on the Rise – Compared to 2023, single-family home sales increased 8.4%, totaling 1,743 properties sold. This increase reflects growing buyer confidence and Marin’s continued appeal.

  • Home Prices Held Stable – The median sales price ticked up 1.5% to $1.7M, showing that demand remains strong and homeowners are seeing solid returns.

  • Homes Sold Steadily – The average home spent just 21 days on the market, signaling a competitive landscape where well-priced, well-prepped homes moved quickly.

 

Single Family Homes
2024

$1.7M

MEDIAN SALES PRICE UP 1.5% ▲

21

AVG. DAYS ON MARKET

$868

PRICE/SQ.FT. DOWN 0.3%▼

1,743

HOMES SOLD UP 8.4% ▲

 

What to Expect in 2025

January typically starts slow as the market emerges after the holiday season, however activity is expected to build with new listings during the busy spring season. Based on current trends and forecasts, projections point to a seller’s market with sustained demand and limited inventory. 

Here’s what that means for you:

If you’re thinking about selling: With homes selling quickly and prices projected to rise another 2%, 2025 is shaping up to be an ideal time to list and maximize your return.

If you’re planning to buy: Competitive conditions continue, but stabilizing mortgage rates may give buyers more confidence to make a move. The key? Having the right strategy and early access to the best homes—especially off-market opportunities. That’s where we come in.


You Might Be Wondering…

Is now a good time to sell my home?
Yes! With limited inventory and high demand, homes are moving quickly and often receiving multiple offers. Plus, prices are projected to increase, meaning sellers can still maximize their returns.

Will home prices continue to rise in 2025?
Experts predict a 2% increase in home prices this year, making it a strong market for sellers. However, buyers who act sooner may benefit before further appreciation.

What’s the biggest challenge for buyers right now?
Competition. With homes selling in just 21 days on average, buyers need to be prepared to move quickly and work with an agent who can provide access to off-market listings.

How can I prepare to buy in this market?
Start by getting pre-approved for a mortgage, understanding your budget, and working with a knowledgeable Own Marin agent who knows the Marin market inside and out.


Stay Ahead Of The Market

Whether you’re buying, selling, or just keeping an eye on the market, knowing where things stand helps you make smarter real estate decisions. At Own Marin, we stay ahead of the trends so you don’t have to—bringing you exclusive insights, expert guidance, and a strategic approach to winning in any market.

If 2025 is the year you want to make a move, let’s talk. Now’s your time to get ahead of the market—reach out today and let’s start planning your next step.

Thinking Of Making A Move?

The ever-changing housing market can be challenging (especially with tight supply, high demand, and higher financing costs); but it doesn't have to be. We are here to guide you through these complexities, ensuring your success whether you are buying or selling a home. Reach out to one of our team members today to get started.

 

RECENT SALES

 

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