The figure represented a 20% decline from the county’s $2.12 million peak the prior year.
The median price for a detached home in Marin County wobbled to $1.7 million last month, about the same level it was six months ago and about 20% lower than the prior year.
“We’re still seeing a lack of inventory,” said Arun Burrell, a 20-year agent whose office is in San Rafael. “That’s been our consistent issue this year.” Burrell said he’s heard various theories for the continuing drag in sales volume — bank collapses, the federal debt-ceiling crisis, the rain. Other median prices included $2.7 million on 10 sales in Tiburon; $2.1 million on four sales in Sausalito; $1.85 million on 49 sales in the unincorporated areas of the county; $1.82 million on eight sales in Corte Madera; $1.64 million on 32 sales in San Rafael; $1.33 million on nine sales in San Anselmo; $1.33 million on five sales in Fairfax; and $1.18 million on 22 sales in Novato.
“They did not want a home that needs remodeling work, upfront work or a lot of maintenance,” she said. “That really lends itself to newer construction. And they wanted a walk-to-town location. They were looking at Larkspur, and the prices were getting close to $4 million.”
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