How's The Market?

AUGUST 2025 WRAP-UP

As we enter the fall selling season, historically one of the busiest times of the year, Marin’s housing market is showing renewed energy. The median sales price rose 3.9% year over year, while the median days on market shortened by three days to 28. Although the number of properties sold was down 7.3%, the broader picture is encouraging. Lower mortgage rates, tighter inventory, and strong buyer competition are setting the stage for an active fall.

Perhaps the most encouraging development is on the financing side. Freddie Mac reported the 30-year fixed-rate mortgage fell 15 basis points from last week, the largest weekly drop in the past year. This decline is creating new opportunities for buyers to re-enter the market or expand their purchasing power. The shift is already fueling stronger demand, helping to offset the slower pace that characterized the summer months and building momentum for the months ahead.

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