December 2024 Holiday Newsletter | |
Dear Clients, Neighbors, Friends, and Family,
As the holiday season approaches, I want to take a moment to express my heartfelt gratitude to each of you. Your trust, confidence, and unwavering support mean the world to me and my team members. I am truly thankful for the privilege of working with such a remarkable community and for having such a great team of highly qualified and experienced professionals.
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Reflecting on the 2024 Marin real estate market, one thing is clear: it was a year defined by nuance. The market wasn’t one-size-fits-all but uniquely property-specific, with buyers continuing to gravitate toward renovated homes that offer level land and exceptional outdoor spaces. In the luxury segment, discerning buyers thrived, buoyed by a robust stock market and cash-driven transactions, mainly immune to interest rate fluctuations. Year-to-date, single-family home sales in Marin County are up 7%, while the luxury market saw a significant rebound, with sales of $5M+ homes up 27%.
2024 Marin County Highlights
- 1,695 Single-Family Homes Sold YTD
- 34.8% (591 sales) were cash
- 43.5% (739 sales) received multiple offers
- 9.8% (167 sales) were off-market
- 97 Single-Family Homes Sold YTD - $5M+
- 64.9% (63 sales) were cash
- 23.7% (23 sales) received multiple offers
- 18.3% (18 sales) were off-market
- 6 Single-Family Homes Sold YTD - $10M+
- 100% (6 sales) were cash
- 33% (2 sales) received multiple offers
- 33% were off-market
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As we prepare for an exciting 2025, our team is already working hard with clients, devising tailored strategies to maximize value through transformative updates and impactful staging. With buyers’ high expectations, first impressions matter. For our buyer clients, 2025 promises increased inventory and new opportunities.
On behalf of the entire Carey Hagglund Condy team, I wish you and your loved ones a fun and relaxing holiday.
Peace on Earth,
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CHC Team Strategic Partner Holiday Breakfast | |
Current Active and Coming Soon Properties | |
Available Off-Market: West Marin Estate, Nicasio
3 BD | 3.5 BA | 5,688 SQ FT | 15.5 - Acres
Guest House with Full Bath
Listing Price: $8,250,000
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Available Off-Market
715 S Eliseo Drive, Greenbrae
3 BD | 2 BA |1,773 SQ FT | Waterfront
Listing Price: $1,595,000
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Available Off-Market
825 Albatross Drive, Novato
4 BD | 2.5 BA | 3,561 SQ FT | .4309 Acre Lot
Listing Price: $1,595,000
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Pending
114 Winding Way, Ross
4 BD | 3.5 BA | 4,280 SQ FT | .7591 Acre Lot
Listing Price: $3,995,000
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147 Successful Buyer Purchases | |
2024 CHC Team Property Sales | |
121 Woodland Road, Kent Woodlands
Sold: $12,500,000
Multiple Offers
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34 Laurel Avenue, Larkspur
Sold Off-Market: $11,200,000
Buyer Representation
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233 Woodland Road, Kent Woodlands
Sold Off-Market: $9,300,000
Multiple Offers
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224 Woodland Road, Kent Woodlands
Sold: $9,100,000
Multiple Offers
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Waterfront Home, Belvedere
Sold Off-Market: $8,600,000
Buyer Representation
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16 Sheridan Court, Mill Valley
Sold: $6,850,000
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23 Spring Road, Kent Woodlands
Sold: $6,780,000
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1 Orchard Way, Kent Woodlands
Sold: $6,000,000
Buyer Representation
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80 Marina Vista Avenue, Larkspur
Sold: $5,500,000
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603 Goodhill Road, Kent Woodlands
Sold: $5,500,000
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54 Orange Avenue, Larkspur
Sold: $5,200,000
Buyer Representation
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446 Palm Avenue, Kentfield
Sold: $4,500,000
Represented Both Buyer and Seller
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51 Blue Ridge Road, Kentfield
Sold Off-Market: $4,000,000
Buyer Representation
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5 Palmer Court, Tiburon
Sold: $3,388,500
Buyer Representation
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196 Deer Hollow Road, San Anselmo
Sold Off-Market: $3,400,000
Buyer Representation
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30 Ross Terrace, Kentfield
Sold: $3,200,000
Multiple Offers
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250 Harvard Drive, Larkspur
Sold: $3,025,000
Multiple Offers
Buyer Representation
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513 Goodhill Road, Kent Woodlands
Sold: $3,005,000
Multiple Offers
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291 Riviera Drive, San Rafael
Sold: $1,900,000
Buyer Representation
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2008 Fifth Avenue, Sun Valley/Forbes, San Rafael
Sold: $1,900,000
Multiple Offers
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20 Hickory Road, Fairfax
Sold: $1,825,000
Buyer Representation
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67 Bolinas Avenue, Ross
Sold: $1,825,000
Buyer Representation
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19 Santa Clara Court, San Rafael
Sold Off-Market $1,700,000
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121 Harbor Drive, Corte Madera
Sold: $1,520,000
Buyer Representation
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14 Bedford Cove, San Rafael
Sold: $855,000
Buyer Representation
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A 2,000-Acre Ranch in Napa Valley Comes on the Market for $100 Million
WSJ - December 20, 2024
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Home Owners Insurance Changes for Californians
NBC Palm Springs - December 13, 2024
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Compass National Real Estate Insights
December 2024
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Marin County Real Estate
Compass - December 2024 Report
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Source: USDA
California Assemblymember Connolly Reintroduces
Wildfire Insurance Bill on First Day of Legislative Session
Fire Safe Marin - December 3, 2024
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23 Ross Common, Suite 3 | Ross, CA 94957
415-461-8609 | carey@chcteam.com
chcteam.com | DRE 01323032
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for information purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, conditions, sale or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. | | | | |