Marin County’s housing market showed strong momentum in February, with buyer activity rising sharply compared with the same time last year. The number of homes going into contract jumped an impressive 43.8% to 115, while closed sales increased 28.7% to 121. This surge in deal activity suggests that buyers are returning to the market in force as we head into the spring season. At the same time, inventory tightened, with the number of homes for sale at the end of the month falling 11.3% year over year to 172 listings. The combination of rising demand and limited supply continues to create a competitive environment for well priced homes.
Pricing metrics were generally stable. The median sales price came in at $1,625,000, down 4.4% from February 2025, while the median price per square foot slipped only slightly, decreasing 0.5% to $826. These modest declines likely reflect a shift in the mix of homes that sold rather than a meaningful change in underlying demand. Homes also continued to move relatively quickly, with the median days on market increasing slightly by three days to 18. Sellers still achieved strong outcomes overall, receiving an average of 100.9% of their list price. Nearly half of all homes sold above asking, with 46.3% closing over list price, only slightly below last year’s level.
Looking ahead, Marin County appears well positioned for a competitive spring market. Mortgage rates have recently dipped to around 6% and even briefly below, the lowest levels since 2022, helping improve affordability and bring more buyers off the sidelines. | 
