Weekend Marin Apartment's Update

MarinApartments.com

Weekly Apartment Sales Update

March 07, 2026

This week's thoughts and recent activity

The attacks on Iram have brought about a very volatile stock market this last week. There is an expected "Flight to Safety", where investors move money from stocks to Treasury Bills and Gold. This should lower the 10-year Treasury rate, which will help real estate loans. So far this has not happened.

The single seller that placed 15 properties on the market last fall and received an offer for the entire portfolio came back on the market. Their sale fell through. I am told they are highly motivated and will now sell the properties individually. They now have new sales pending on all but three. These are very good deals (See BEST BUY PICK below). Call for details.

Recent economic reports are mixed. One suggests the jobs market has improved, then falling back. The latest inflation report came in above expectations and may not be a good sign for the Feds to lower interest rates. We are not expecting much change this year.

The 10-year Treasury Bill eased higher this week to 4.15% from last week's close of 3.98% This is down from 4.49% a year ago.

Mortgage Rates Hold Steady

Mortgage rates held steady at 6% this week, hovering near their lowest level since 2022. In fact, rates are down nearly a full percentage point from this time in 2024, spurring activity from buyers, sellers and owners. As a result, refinance activity is up, and purchase applications are ahead of last year’s pace.

The 30-year fixed-rate mortgage averaged 6.00% as of March 5, 2026, slightly up from last week when it averaged 5.98%. A year ago at this time, the 30-year FRM averaged 6.63%.
The 15-year fixed-rate mortgage averaged 5.43%, slightly down from last week when it averaged 5.44%. A year ago at this time, the 15-year FRM averaged 5.79%.

The following is a summary of all Marin apartment buildings actively on the market for sale or that have recently sold; not just my own listings. It is prepared for the benefit of those I consider to have a client relationship with and is not meant for general public viewing. This is designed for property owners and buyers that want to keep abreast of all market activity on their own schedule with the ability to call only when more information is needed. Click on the "More Details" under most properties for a direct link to the full MLS information.

The market is HOT, call or e-mail if any of the below properties spark an interest.

Featured Properties

These are our own listings and often represent the best buys on the market.

4+ Unit Spotlight

A detailed breakdown of all 4+ unit properties on the market or that have sold in the last 30 days.

Duplex & Triplex Spotlight

A detailed breakdown of all 2-3 unit properties on the market or that have sold in the last 30 days.

Interest Rates Update

News and information about interest rates related to investment real estate.

Michael J Burke

Pamela Burke

"Marin's Apartment Specialists Since 1973"

Golden Gate Sotheby's International Realty

500 Drakes Landing

Greenbrae, CA 94904

mburke@marinapartments.com

pburke@marinapartments.com

cell: 415.518.7200 / 415.424.9835

Featured Properties

Photos & Addtional Details

6 Units - Mill Valley

SOLD 02/22/26

17 Roque Moraes - $2,600,000

Enchanted Knolls location across from Whole Foods. 4-2BR and 2-1BR with views.

www.17RoqueMoraes.com

Photos & Addtional Details

5 Units - Mill Valley

AVAILABLE

219 E Blithedale - $2,500,000

Pride of ownership building very close to downtown Mill Valley. Two small retail shops with 2-2BR apartments above and a standalone 3BR/2BA townhouse in the back. Built in 1995. Original owners. First time on the market.

www.219EBlithedale.com (site coming soon)

Photos & Addtional Details

6 Units - Sausalito

CALL FOR AVAILABILITY

311 Valley St - $3,450,000

Turnkey investment in the southern area of Sausalito. Large 2+BR plus 4-1BR and a studio. Covered parking, views, and on-site laundry.

www.311Valleycom

More Details market is HOT; call immediately if any of these properties spark an interest.

***** Indicates a change this week.

*****$1,250,000 - 4 Units- SOLD 03/03/26

Mill Valley - 14 Gomez

4-1BR near Tam High School

More details

$1,437,000 - 4 Units - AVAILABLE

San Rafael - 822 Mission

Split up Victorian