Marks Realty Group, Compass

April 2024 Marin County & San Francisco Real Estate Market Reports

The second quarter of 2024 could become the most active period in the housing market since the peak of the pandemic. Significant changes in demand and supply since the beginning of the year have led to price spikes and increased competitiveness. Analyzing macroeconomic conditions, there has been an increase in interest rates compared to January but still lower than the previous autumn. Additionally, unemployment rates remain low, indicating economic stability.

Reach out to Marks Realty Group if you have any questions, we are here to help you.

Marin County listings-into-contract chart, showing a sharp rise in March 2024 after a winter dip.

Chart of San Francisco listings going under contract, with a March 2024 rise to the highest level since mid-2022.

Bar chart of Marin County listing absorption rates, peaking near 58% in spring 2022 before falling and rising in March 2024.

San Francisco quarterly median house sale prices, 2012–2024, peaking at $2 million in Q2 2022.

Marin County sale-to-list price chart, showing homes averaged 3% over asking price in March 2024.

Chart comparing San Francisco downtown and non-downtown median condo prices from 2005 to March 2024.

Marin County quarterly median house prices, peaking at $2 million in Q2 2022 before reaching $1.7 million in Q1 2024.

Bay Area median house values by county, comparing prices and square footage by home size.

Bay Area median house values by county, with San Francisco highlighted in a home-price comparison table.

Chart comparing early spring 2024 median home prices, square footage, and price per square foot across Bay Area counties.

Bay Area median condo and townhouse values by county, property type, sales price, square footage, and price per square foot.

San Francisco active and coming-soon listing chart, with monthly counts from February 2022 through April 2024.

Chart of Marin County median days on market from January 2020 through March 2024.

San Francisco monthly housing absorption chart, with house listings as bars and condo and co-op rates as a line.

Chart of Marin County new listings from December 2019 to March 2024, with seasonal trends and a March 2024 increase.

CLICK HERE TO SEE THE FULL MARIN COUNTY REPORT

CLICK HERE TO SEE THE FULL SAN FRANCISCO REPORT

 

 

ABOUT THE AUTHOR


Marks Realty Group is more than just a top-producing real estate team in Marin County—we’re your trusted neighbors, friends, and advocates. Known for combining market expertise with a client-first approach, our team is dedicated to helping you buy or sell your home with discretion, respect, and care. We listen like friends and deliver results like seasoned professionals, guiding you through every step of the process and staying by your side long after the deal is done. With Marks Realty Group, you’re not just a client—you’re part of our community.

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You can count on us to help you sell and help you buy, and be there for you every step of the way before and well after your deal is done. So, why us? Because working with us, you are more than a client in a transaction; you become a friend for life.