March 11, 2024
Marin: March 2024 Market Stats
By Compass
The Marin Housing Market Accelerates
Moving into Spring
The factors at play include a rebound in repressed buyer demand, the low inventory of homes for sale, the significant drop in interest rates since autumn, a surge in consumer confidence, financial markets hitting all-time highs, and a growing confidence that the Bay Area is going to be the center of the next big technology boom (Al).
The strengthening of the market is illustrated across a range of indicators included in this report, indicators that will almost certainly continue to improve in the coming months. Spring is typically the most heated selling season of the year.
If you have any questions or want to talk more about local market statistics, please don't hesitate to reach out. I'd be happy to grab a coffee or chat via phone.
Thank you,
Shannon
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