Andrew de Vries ANDREW DE VRIES (415) EXT

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1 Local Market Trends Marin County October Portola Drive San Francisco, CA CalBRE #1681 Home Prices & Sales Up Prices for single-family, re-sale homes rose in September, after slumping in August. The median price rose 7.% year-over-year. The average price was also up 7.%. Sales of single-family, re-sale homes in Marin County were up for the second month in a row, year-over-year, gaining 4.6%. There were 159 homes sold last month. Year-to-date, sales are off 6.1%. Inventory increased for the third month in a row. It was up 8.1% over last September. Nevertheless, it is still far below the average. As of the 5th of October, there were 414 homes for sale. The average since January 27 is 68. Days of inventory jumped to 76 from 5. Days of Inventory reflects an estimate of the amount of time it would take to sell all of the current listings if no new listings became available. It is calculated by taking the number of homes for sale and dividing by the number of homes sold in a given time frame. We use last month s sold number. The sales price to listing price ratio stayed over 1% for the 8th month in a row: 11.1%. Homes sold quickly last month, averaging 49 days from coming onto the market to when they go under contract. The average since January 29 is 8 days. The median price for condos rose 11.4% from August. It was down.9%, year-over-year. The average price was up 5.2% from the prior month, but down.9% from last September. Condo sales were down 2.4% compared to last September. Year-to-date, sales are off 6.1%. Condos are selling in 5 days, compared to the average of 8 days. The sales price to list price ratio for condos was 1.%. Condo inventory is up 49.4% from last September. There are only 124 condos for sale. If you would like to know what s going on in your neighborhood, visit my on-line report and click on Recent Sales & Listings. That will tell you what is for sale, what has sold and what is pending in a radius around your home. You can visit my on-line report at: Search for recent sales & listings in your neighborhood, or in the neighborhood where you are considering buying. 1,2 Marin County Average Monthly Active Listings SFR 218 rereport.com 1, ANDREW DE VRIES (415) EXT. 277 ANDREW@DEVRIESRE.COM

2 2 Local Market Trends Marin County October 218 -Year Fixed Mortgage Rates % 4.% 5.% 6.% The chart above shows the National monthly average for -year fixed rate mortgages as compiled by Marin County Homes: Average & Median Prices and Sales (-month moving average price in 's) $2, $1,8 $1,6 $1,4 $1,2 $1, $8 $6 $4 $2 $ 9 Marin County Homes: Momentum MM J S % 15.% 1.% 95.% 9.% 85.% 1 Sales Median 218 rereport.com Marin County Homes: Sales Price to List Price Ratio 8.% MM J S rereport.com MM J S rereport.com CalBRE #1681 Marin County - September 218 SINGLE-FAMILY HOMES Prices Change from last year Cities Median Average Sold Active Pend DOI SP/LP Median' Average' Sales Marin $ 1,95, $ 1,721, ,721,61 1,95, % 7.% 7.% 4.6% Belvedere $ 4,1, $ 4,1, 2 4,1, 4,1, % -15.% -15.%.% Corte Madera $ 1,75, $ 1,52, 6 1,52, 1,75, % -22.% -11.8%.% Fairfax $ 912,5 $ 1,157,8 8 1,157,8 912, %.% 1.8% 14.% Greenbrae $ 1,666,5 $ 1,72, 6 1,72, 1,666, % 1.8% 4.% 5.% Kentfield $ 1,55, $ 1,599,8 6 1,599,8 1,55, % -5.7% -4.7% -14.% Larkspur $ 1,92, $ 1,99, 5 1,99, 1,92, % -5.% 9.% -7.5% Mill Valley $ 1,615, $ 2,75, ,75,72 1,615, %.9% 24.5% 26.1% Novato $ 96, $ 1,48, 27 1,48, 96, % 12.% -2.2% -18.2% Ross $ 5,6, $ 4,65, 4,65, 5,6, % 194.% 125.4%.% San Anselmo $ 1,11, $ 1,45,8 15 1,45,8 1,11, % -15.% 15.8% 114.% San Rafael $ 1,179, $ 1,28,57 5 1,28,57 1,179, % 6.9% 18.1% 16.7% Sausalito $ 1,54, $ 1,54, 1 1,54, 1,54, % -.6% -24.1% -8.% Tiburon $ 2,52, $ 2,884,67 9 2,884,67 2,52, % -8.5% -27.2% 12.5%

3 Local Market Trends Marin County October 218 Trends at a Glance - Marin County (Single-family Homes) Sep 18 Month % Aug 18 Year % Sep 17 Median Price: $1,95, 14.1% $1,222,5 7.% $1,, Average Price: $1,721,61 1.% $1,52,17 7.% $1,6,92 Home Sales: % % 152 Pending Sales: % 182.6% 179 Active Listings: 1,721,61 1.% 1,52,17 7.% 1,6,92 SP/LP Ratio: 11.1%.1% 11.%.% 1.8% Days on Market: 49.6% % 58 Days of Inventory: % 5.% 7 Condominiums Sep 18 Month % Aug 18 Year % Sep 17 Median Price: $75, 11.4% $66, -.9% $765, Average Price: $796,6 5.2% $756, % $828,52 Condo Sales: % % 54 Pending Sales: 59 7.% % 62 Active Listings: % % 8 SP/LP Ratio: 1.% -1.5% 11.8% -1.4% 11.7% Days on Market: 5 21.% % 4 Days of Inventory: % % 45 CalBRE #1681 Marin County Homes: Sales Price to List Price Ratio 11.% 15.% 1.% 95.% 9.% 85.% 8.% MM J S rereport.com Marin County Condos: Average & Median Prices and Sales (-month moving average price in 's) $1, $9 $8 $7 $6 $5 $4 $ $2 $1 $ Marin County - September MM J S rereport.com Condominiums Prices Change from last year Cities Median Average Sold Active Pend DOI SP/LP Median' Average' Sales Marin $ 75, $ 796, % -.9% -.9% -2.4% Corte Madera $ 1,85, $ 1,85, % 26.2% 26.1% -8.% Greenbrae $ 746, $ 746, % -4.5% -5.4% -6.% Mill Valley $ 84, $ 8, % -4.1% -7.8%.% Novato $ 52, $ 67, % -2.4% 24.1% -.% San Rafael $ 61, $ 66, % -17.% -21.4% -6.7% Sausalito $ 889, $ 925, % 4.5% 7.% 25.% Tiburon $ 1,16, $ 1,15, % -8.9% -9.6%.% If your house is currently listed with another broker this is not intended as a solicitation of that listing. Table Definitions Median Price The price at which 5% of prices were higher and 5% were lower. Average Price Add all prices and divide by the number of sales. SP/LP Sales price to list price ratio or the price paid for the property divided by the asking price. DOI Days of Inventory, or how many days it would take to sell all the property for sale at the current rate of sales. Pend Property under contract to sell that hasn t closed escrow. Inven Number pf properties actively for sale as of the last day of the month.

4 M C 677 Portola Drive San Francisco, CA Go online to see the full report with the district by district breakdown: MAR SFR: Absorption Rate & Median Price - 12-month moving average, prices in $1,s 8.5 Buyers' Market 6.5 Sellers' Market $1,57 $1, A J O A J O 1 A J O 1 A J O 1 A J O 1 A J O 1 A J O 1 A J O 1 A J O 1 A J O 1 A J $1,17 $97 $ Sellers' Market Buyers' Market $57 Marin: SFR Active Listings A J O 8 A J O 9 A J O 1 A J O 11 A J O 12 A J O 1 A J O 14 A J O 15 A J O 16 A J O 17 A J O 18 A J This Real Estate Report is published and copyrighted by Information contained herein is deemed accurate and correct, but no warranty is implied or given.

5 Table Definitions Median Price The price at which 5% of prices were higher and 5% were lower. Average Price Add all prices and divide by the number of sales. SP/LP Sales price to list price ratio or the price paid for the property divided by the asking price. DOI Days of Inventory, or how many days it would take to sell all the property for sale at the current rate of sales. Pend Property under contract to sell that hasn t closed escrow. Inven Number pf properties actively for sale as of the last day of the month.