Marin: July 2025 Market Stats

Across the Bay Area, the severe economic volatility which prevailed in Q2 - and the absence of a meaningful decline in mortgage interest rates - generally caused a significant year-over-year weakening in the spring selling season, usually the most dynamic of the year. This is reflected in many of the supply and demand indicators illustrated in this report.

However, some homes continued to sell very quickly at well above the asking price, and the number of homes selling for $4 million+ almost doubled from Q1.

As of early July, measures of economic uncertainty were dropping, stock markets had staged an astounding recovery to hit new highs, consumer confidence had begun to rebound, and interest rates were gradually declining. To a large degree, negative macroeconomic conditions trumped the typical spring-market trend of buyer demand outpacing the supply of homes for sale. Improvements in those conditions, should they continue, may support a stronger housing market in the second half of the year.

In the meantime, correct pricing, preparation and marketing are imperatives for sellers desiring the best results. And opportunities exist for buyers who keep a close eye on both new and older listings, monitor time-on-market and price reductions on unsold homes that meet their requirements - or perhaps need a little bit of work - and are prepared to move quickly and aggressively.