September 2022 Newsletter

Dear Clients, Friends, and Neighbors,

I hope you all survived what may have been the worst heat wave on record. I have never been so grateful for air conditioning and seeing mother nature's air conditioning rolling over the hills of Mill Valley late yesterday.

The fall real estate season officially kicks off this week, and I have been seeing a meaningful increase in buyer activity with people now home from summer travels. The real estate market has shifted. We have transitioned from a sellers’ market to a more balanced market, and buyers are seeing opportunities that have not existed for more than two years. Just like the old days, we are seeing an increase in days on market, price reductions, and buyer contingencies.  While multiple offers and competitive bidding are still happening (our team was involved with two multiple slug-out competitions last week), it is no longer always the case. Beautifully renovated/move-in ready homes (with no deferred maintenance) with inspiring outdoor spaces continue to attract buyers, and often multiple buyers. 

To compete in this market, it is now more important than ever to both price correctly and update your home.  Sellers who price their homes using comps from the first half of 2022 may be disappointed. "Wow" homes and properties continue to do well. I am always happy to meet with homeowners to advise on strategic upgrades and improvements that will deliver a top ROI and a faster sale.

Lack of inventory continues to be a significant driver of our Marin County market.  My informal polling with other top agents tells me that we will all have fewer listings than normal this fall. In a shifting market, sellers at the high end of the market normally do not need to sell and can afford to wait out any temporary flattening or potential declines in price. Higher rates are making it more expensive for many homeowners to move.

In August, our team was honored as one of the top 100 teams and individual agents in the Bay Area. Click here for the full article.  I am grateful for the extraordinary group of professionals that I have the honor of working with every day. 

Wishing you all a great September.

224 Woodland Road, Kent Woodland

Sold: $10,100,000

Multiple Offers

196 Lagunitas Road, Ross

Sold: $8,600,000

Co-listed with Tammy Kornfeld of Sotheby's

87 San Carlos Avenue, Sausalito

Sold: $7,500,000

310 Goodhill Road, Kent Woodlands

Sold: $4,850,000

Multiple Offers

511 Goodhill Road, Kent Woodlands

Sold: $4,450,000

Buyer Representation

4000 Old Rancheria Road, Nicasio

Sold: $4,431,750

Buyer Representation

240 Evergreen Drive, Kent Woodlands

Sold: $4,005,000

Multiple Offers

58 Sycamore Avenue, Mill Valley

Sold: $3,750,000

Multiple Offers

Listed by Karen Fairty

479 Montecito Avenue, Corte Madera

Sold: $3,727,000

5 Golden Lily Place, San Rafael

Sold: $3,675,000

Buyer Representation

17 Eton Way, Mill Valley

Sold: $3,610,090

Multiple Offers

Listed by Karen Fairty

17 Upper Road West, Ross

Sold: $3,600,000

Multiple Offers

17 Idalia Court, San Anselmo

Sold: $3,255,000

Buyer Representation by Karen Fairty

165 Upland Road, Kentfield

Sold: $3,050,000

Multiple Offers

21 Echo Court, San Anselmo

Sold: $2,700,000

Buyer Representation

22 Stetson Avenue, Kentfield

Sold: $2,365,000

Multiple Offers

151 Kent Avenue, Kentfield

Sold: $2,330,000

237 Rose Avenue, Mill Valley

Sold: $2,100,000

Buyer Representation

5 W Brooke Drive, Novato

Sold: $2,000,000

Buyer Representation by Karen Fairty

132 Lowell Avenue, San Rafael

Sold: $1,656,276

Multiple Offers

2 Narragansett, San Rafael

Sold: $1,330,000

Buyer Representation by Karen Fairty

6 Sylvia Circle, Novato

Sold: $1,256,000

Buyer Representation

432 San Carlos Way, Novato

Sold: $1,225,000

Buyer Representation

113 Mitchell Drive, Fairfax

Sold: $650,000

Buyer Representation

220 Morningside Drive, Corte Madera

Sold: $300,000

Buyer Representation

High-End Pandemic Boomtowns Will Turn in Buyer's Favor this Fall.               

Mansion Global - 9/02/22

Study Ranks the Best Places to Raise a Family in California

Stacker via Nextar Media Wire - 8/13/22

4 Bay Area Counties Among Richest in America

US News - 7/17/22

What's Next in Front Yard Gardens: 7 Curb Appeal Strategies

WSJ - 7/01/22

What's Trending in Landscape

Mansion Global -06/05/22

Compass Luxury in the News 

Compass - 7/2022

What is a Flag Warning? 

Fire Safe Marin