Homes & Happenings

in Marin County

This spring has been quite remarkable in the real estate market. Unlike typical seasons, we've experienced a reduction in overall sales volume. The uncertainty surrounding tariff discussions has noticeably dampened buyer confidence and affected some home sales, though other properties continue to move quickly. As always, homes that are competitively priced, thoughtfully designed, and professionally presented remain the fastest to sell.

With market conditions now appearing to stabilize and the stock market regaining momentum, I anticipate buyer confidence will strengthen in the coming weeks. Stay tuned for updates, and enjoy these beautiful sunny days ahead!

Economic Volatility Injects Uncertainty into Spring Market

Pockets of activity continue in all price points, but demand is often uneven and unpredictable – and very property specific. Some homes initially generate significant interest but then linger on the market; others continue to sell very quickly with multiple offers for well over asking price. Agents report that some buyers and sellers are hesitant to move forward with plans, spooked by economic uncertainties both personal and macroeconomic. Year over year, the supply of homes for sale is up dramatically, the absorption rate is substantially down, and price reductions continue to climb to levels rarely seen during the spring selling season – but many agents report strong showing activity and active open houses. House markets are substantially stronger than condo markets.

The homes seeing the highest demand, and most likely to sell quickly with multiple offers, are houses in absolute move-in condition, often professionally staged, aggressively priced, in prime locations, and outside high fire-risk zones (and the associated issues regarding homeowner’s insurance).

These mixed market conditions may simply be a temporary hiccup due to short-term economic uncertainty, or a sign of transition to a more balanced market between buyers and sellers. Agents speak of considerable opportunities for attentive buyers.

As of early May, the Fed kept its benchmark rate unchanged, mortgage rates continue to hover near 7%, but stock markets have substantially recovered from early-April plunges. Consumer confidence readings saw precipitous declines last month. Specific regional market data follows in this report but note that April sales statistics reflect many transactions that went into contract before the severe financial market volatility which began early in the month. May sales data will better reflect April market conditions.

qOUTE OF THE MONTH

The mind replays what the heart wants to heal

— Sharon Kramlich

eVENTS & UPDATES

Don’t miss out on the excitement!

Sausalito's Spring Fling

Kick off the season with a day full of live music, tasty bites, and unforgettable fun!

Bay to Breakers

It’s a race made for everyone, so dress up, bring your friends and be cheered on every step of the way by SF’s finest crowds. Pushing boundaries and breaking records since 1912 – it’s your turn to join the party.

BOTTLEROCK NAPA VALLEY

BottleRock Napa Valley is the perfect way to kick off summer, combining music, wine, food, and fun in the heart of Napa!

Muir Beach Volunteer Firemen’s BBQ

Join the community for a fun-filled day of BBQ, music, and support for our local heroes.

NOVATO CHAMBER: ART, WINE & MUSIC FESTIVAL 2025

Sip, Savor, and Celebrate – Where Art, Wine, and Music Come Together!

34 Renz Road, Mill Valley

Beautifully remodeled home with 4 beds plus office & studio. Spectacular chef’s kitchen with adjacent dining and fireplace, French doors leading out to huge deck.

Located in a magical & private setting on a large street to street lot with serene outlooks and on the steps and lanes network providing a walk to town & school location.

aCTIVE LISTINGS

117 Country Club, Mill Valley

Offered at $5,995,000

Stunning designer showcase, this 5 bed home with views is an entertainers dream, with beautifully designed open floor plan, a dreamy eat in Chef’s kitchen with gas fireplace and sitting area, spacious living and dining and so much more..

35 Bernard St, Mill Valley

Offered at $3,695,000

Remodeled 5-bed, 3.5-bath home in downtown Mill Valley with a chef’s kitchen, media room, Tesla solar, EV charger, metal roof, 2-car garage, and landscaped yard—close to top schools and parks.

Recent sales 2025

431 Wellesley Avenue

Sold for $4,000,000

Listed at $3,695,000

This custom family home features 6 beds, 4.5 baths, including an in law unit. Beautifully remodeled with high-end finishes and a rare and coveted floor plan, with 4 beds upstairs. Located on a large half acre lot, offering amazing outdoor space and privacy.

110 Via Lerida

Sold for $2,975,000

Perfectly located in the flats of one of Greenbrae's most sought-after streets. The home features an open-concept great room with vaulted ceilings, skylights & fireplace, opening to the kitchen and dining room and to the flat back patio beyond.

65 Park Terrace

Sold for $1,300,000

Hidden from view in the desirable Sycamore Park neighborhood is the Park Terrace community, a charming enclave of 65 townhouses set among mature trees, paths, and green lawns. Sycamore Park has become a highly prized area of Mill Valley because of its level terrain and proximity to all that the downtown has to offer.

Looking for a primary residence, second home, or investment property outside of Marin? I am connected to some of the best agents in the country and would love to help you to find the right match and make an introduction for you!

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Sharon

Kramlich

415.609.4473

sharon.kramlich@compass.com

sharonkramlich.com

DRE 01184449