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Marin County June Market Update
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During the past 30 days, Marin County saw a flurry of very high sales in the flats of both Ross and Kentfield. Ross and Kentfield just saw the succession of four ratified contracts for over $11m homes in a period of 30 days! In communities with already tight supply, this bodes well for residential investing and confidence in investing in the high end, particularly for homes that are renovated on level lots in the flats that have high walkability. As of today, there are still 22 homes over $11m in Marin that have not sold in 2024, a higher than typical inventory load for homes that do not fall into the above category. In fact, inventory in most communities under $11m is increasing with a succession of price reductions occurring for sellers who are realistic and motivated to sell. However, every time I see a market that is shifting or has shifted, I see endless opportunities to get into the market for new homeowners, needed malleability in home prices, and for the first time in many years, motivation on the part of sellers. Marin County remains an excellent market for investing with the continued benefit of buyers from SF looking for better public school districts.
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Listing of the Month
92 Locust Avenue
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Take a look at my incredible new listing at 92 Locust Avenue in Mill Valley. Architecturally fashioned after the great stone and shingle style estates of Nantucket, this stunning +- 2,946 square foot residence blends the finest in design details. Legacy architect Leigha Heydt magically integrates wide plank Oak flooring, designer lighting, bespoke fixtures, custom wall coverings, and distinctive custom windows throughout the 5 bedroom, 3.5 bathroom residence. Offered at $5,995,000.
92Locust.com
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Successful Sale Spotlight
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One of my favorite aspects of home design in the summer months is our choice of flowers. Think gardenias, peonies, white roses…the list is endless! the multi-faceted Susan Hanson, founder of High Camp Supply, is my favorite sensory designer. Her fresh gardenias and bespoke gifting are regularly delivered to celebrities all over the world. Check out this video on the importance of this, even if you are not selling your home.
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The Agency Magazine, Summer 2024 Issue
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The McLaughlin Team x CNBC
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Author of Real Estate Rescue
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Real Estate Rescue: How America Leaves Billions Behind in Residential Real Estate and How to Maximize Your Home's Value
As one of the top producing agents in the United States, Tracy has sold more than $4 billion of residential real estate over the course of a 26-year career. Too often, Tracy has seen home buyers and sellers make seemingly innocuous decisions that result in leaving extraordinary amounts of money on the table without them knowing it. Her book provides homeowners a clear roadmap to fully monetize the sale or purchase of their home.
Purchase on Amazon.com
Tracy is currently writing her second book on residential real estate.
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What's Happening in Marin?
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