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Happy Halloween Week to Our Wonderful Clients, Neighbors, Friends, and Family,
As we approach Halloween, I’m reminded of how this festive time brings lighthearted fun and community connections, something refreshing as we head into a notable election season just days away. On Thursday, we’ll see trick-or-treaters filling the streets, and I hope it brings a smile to all of you as it does to me.
With the election season underway, some home buyers and sellers have shared that they prefer to wait until after such events before making major real estate decisions. Research from John Burns Research and Consulting, however, suggests that presidential elections historically have little impact on home sales in the five months leading up to them. You can read their article here. Given this, I reached out to Patrick Carlisle, Compass’s Chief Market Analyst for the San Francisco Bay Area, whose insights and data are shared below. In my experience, Marin County’s luxury market is more directly influenced by the stock market’s performance, with roughly 50% of $5M+ buyers paying in cash rather than financing. You’ll find Patrick’s charts below.
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In local news, Marin County sales remain strong, with an impressive 5% year-over-year increase and a 25% rise in the $5 million-plus market. We've also included a city-by-city breakdown in the following charts for a closer look at these positive trends. | |
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Property Shark has released its 2024 list of the U.S.'s most expensive zip codes, with notable mentions close to home:
- 78% of the priciest U.S. zip codes are in the Bay Area, Metro L.A., and Metro New York.
- The Bay Area claims 39 of the top zip codes, with Ross ranking #6 (average price $3.85M) and Stinson Beach #7 ($3.8M)
- Atherton holds the top spot for the 8th year running, with an average price of $7.9M.
On a personal note, I’m thrilled to share that our family has grown! My eldest daughter and newest team member, Courtney Condy Thompson, recently married her wonderful husband, Nate. We couldn’t be happier to welcome him into our family.
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As we wrap up 2024, our team is actively preparing for an exciting year ahead, refining our systems and processes to continue providing the trust, integrity, and exceptional service that you value. Our tagline says it all: High Touch. Full Service. All Price Points.
Wishing you a festive Halloween—and don’t forget to get out and vote!
All the best,
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Current Active and Coming Soon Properties | |
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224 Woodland Road, Kent Woodlands
6 BD | 5.5 BA |5,609 SQ FT | 0.8893 - Acre Lot | Pool
Listing Price: $9,500,000
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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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114 Winding Way, Ross
4 BD • 3.5 BA • 4,280 SQ FT• .7591 Acre Lot
Listing Price: $4,295,000
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825 Albatross Drive, Novato
4 BD • 2.5 BA • 3,561 SQ FT• 0.43 Acre Lot
Listing Price: $1,640,000
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146
Successful Buyer Purchases
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2024 CHC Team Property Sales | |
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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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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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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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California's Best County to Live in is also one of State's Most Expensive, new ranking finds
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Renting vs. owning: What’s fair for Californians?
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Presidential Elections Don't Hurt Home Sales
John Burns Research & Consulting - July 30, 2024
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Marin County Real Estate Insights
Compass - August 2024 Report
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Selected Macroeconomic Factors & Indicators Pertinent to Bay Area Real Estate Markets
Compass - September 2024 Report
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Marin Wildfire Prevention Authority Projects By Location | |
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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. | | | | |
