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Dear Clients, Neighbors, and Friends,
A belated Happy Mother’s Day to all my fellow mamas. I had the joy of celebrating my first-born daughter, Courtney Condy, at a baby shower hosted by her sisters, Charlotte and Claire, along with her aunts. Our family is over the moon in anticipation of the arrival of a new baby in August.
Our Marin County market has been surprisingly strong due to significant buyer demand and minimal inventory. Renovated homes in the flats and close-to-town locations (priced right) are flying off the shelves. Compass Marin County manager Ed Lynch shared that roughly 30% of Marin sales have been off-market, and roughly 30% are cash. The wave of buyers from San Francisco continues, especially young families seeking a better quality of life, excellent public schools, and better weather.
To show how low inventory is, the chart below tells the story. YOY sales are down considerably, especially in the luxury end of the market.
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To find homes for our buyer clients, we are always networking with our fellow top producing agents to seek out off-market opportunities, sending out buyer house needs on our platforms, and when possible, making sure our clients are first in line to see a property before it hits the market.
For those of you who may have considered selling, but are on the fence, please know that people are desperate for renovated, move-in ready homes. Many strategic upgrades that offer a return on your investment are easy to do. Our team manages this process for our clients. It is part of our high-touch, full-service approach to assisting our clients maximize the value of their home. It takes a team to do what we do and preparing a home for the market is something we excel at.
For those of you who appreciate market data, Patrick Carlisle, the Compass Chief Market Analyst for the Bay Area is an extraordinary resource. I find his monthly charts and graphs to be extremely insightful. We share them in every issue at the bottom of the page.
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This Memorial Day weekend officially kicks off the summer season. Whatever your plans, our team wishes you a safe and great holiday weekend!
All the best,
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2023 Active & Coming Soon Properties | |
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Sale Pending
4 Spring Road, Kent Woodlands
List Price: $4,500,000
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Just Listed
210 Murray Avenue, Kentfield
List Price: $2,495,000
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Just Listed
41 Wellington Avenue, Ross
List Price: $3,995,000
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Coming Soon
Belvedere View Home
Co-Listed with Shana Rohde-Lynch (DRE 01079806)
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2023 CHC Team Property Sales | |
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21 Rancheria Road, Kent Woodlands
Sold Off-Market: $9,495,000
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333 Bella Vista Avenue, Belvedere
Sold: $6,277,000
Buyer Representation
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14 Rancheria Road, Kent Woodlands
Sold Off-Market: $5,200,000
Buyer Representation
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64 Fern Lane, San Anselmo
Sold: $5,125,000
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108 Woodland Road, Kent Woodlands
Sold Off-Market: $4,900,000
Multiple Offers
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76 Ridgecrest Road, Kent Woodlands
Sold Off-Market: $3,875,000
Multiple Offers
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39 Legend Road, San Anselmo
Sold: $3,200,000
Buyer Representation
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65 Corte Amado, Greenbrae
Sold: $3,100,000
Buyer Representation
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179 Saint Thomas Way, Tiburon
Sold: $2,975,000
Listed by Steve Marsh (DRE 01944755)
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8 Chateau Place, San Rafael
Sold: $2,895,000
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33 Bay Way, San Rafael
Sold: $2,550,000
Buyer Representation
Steve Marsh (DRE 01944755)
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22 Truman Way, Novato
Sold: $895,000
Buyer Representation
Steve Marsh (DRE 01944755)
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34 Buckeye Circle, Woodacre
Sold: $895,000
Buyer Representation
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Compass Curated Magazine - Spring/Summer 2023 | |
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Springtime is time to practice good goose etiquette
Marin Independent Journal
May 16, 2023
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Penthouse Atop San Francisco’s Millennium Tower Asks $14 Million
Mansion Global - May 15, 2023
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The Home Buyer's Quandary: Nobody's Selling
Wall Street Journal - May 10, 2023
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Marin County Real Estate Report
Compass - May 2023
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San Francisco Bay Area Luxury Market - Spring 2023 | | |
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It's Wildfire Awareness Month
Fires Safe Marin - May 2023
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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. | | | | |
