Thorne Home Blog | Marin County, CA

 February Market Snapshot Lots of new inventory on the market! The average sale price/list price ratio is 101.4%, indicating that homes are selling above the asking price, most likely as a result of renewed buyer competition in the market. We see a slight increase in the median list price, which may be seller adjustment to a reenergized market from the Fall and Winter months.   Search active properties here: thornehometeam.com

*Zillow.com screenshot We have a lot of clients who love to use Zillow for all their real estate searching. And we get it...we love Zillow too! But you have to know it has some setbacks. For instance, we happen to know the above Zestimate is about $300,000 below the current market value for this home in Marin County, CA. There are a number of potential reasons for this inaccuracy.  First, Zillow has no conception of the condition or the updates made to the home. This property is more updated than the other homes in this neighborhood and has high quality finishes in the kitchen and bathrooms. Zillow also doesn't know the square footage in the tax records for this house is inaccurate -  there was an addition made to the home increasing the number of bedrooms and therefore overall desirability of the property.  Second, the actual data flowing into Zillow's Zestimates is not always accurate. Our clients will sometimes send us active properties from Zillow and ask why they are...

This is proof you can sell your first home and buy your dream home at the same time, even in a tough market like Marin County in the Bay Area. Here's a 2024 case study: Family of 4 (two young children) Living in a 2100 sq ft townhome, hoping to sell for around $950,000 Desire a single family home in a kid-friendly neighborhood, max budget of $1,300,000 Using the proceeds from the sale for the down payment on their new home This is their story from their POV... Our First Home - Prepped and Staged! Our New Forever Home! Search  thornehometeam.com Last year, our family of four decided to take the leap and move from our first home to our forever home. We lived in a townhome in southern Novato and honestly, we did love it! The complex was located in a gorgeous natural setting amidst mature trees and hiking trails. The unit itself was actually large with three bedrooms and two living rooms, but we have two young kids and we were feeling the need to enjoy some more yard space and...

2022 was a dramatic year in real estate. The market yielded all time highs and multiple-offer chaos in the Summer sending some sales soaring up to $1mil over the asking price. This was followed by rising mortgage interest rates, which quickly slowed the market and gave way to a calm Winter break.  Through it all, we guided our buyers on how to navigate multiple offer situations with dozens of offers, and how to purchase with decreased buying power due to higher rates. On one San Anselmo sale, our buyers prevailed with 11 offers. And for our sellers, we tailored our project management style to each seller's needs, from off-market sales for minimal seller stress to full market-prep with home renovation, landscaping, and staging. We are so thankful to everyone we worked with this past year, clients and amazing service professionals!  If you're in the market or if you're just interested in checking out our 2022 sales, scroll through the below. We sell a wide range of homes in a...

Another busy year in the Bay Area real estate market! A comfortable home continues to be one of the most important parts of everyday living as we continue to maneuver COVID-19 and the challenges of working from home coupled with family dynamics. We hope to have provided our clients with support, knowledge, ease, and kindness this year and always.  Cheers to every single person we worked with this past year, from clients to service professionals!  If you're in the market or if you're just interested in checking out our 2021 sales, scroll through the below. We sell a wide range of homes in all areas of Marin, so chances are we can help you too! HAPPY 2022!!!  🙌  256 Union St, San Rafael $815,000, 2 bed/2 bath, sold 12/29/2021 1425 Casa Buena Dr, #105, Corte Madera $1,435,000, 4 bed/4 bath, sold 9/27/2021 27 Sulgrave Ln, San Rafael $969,900, 3 bed/3 bath, sold 9/2/2021 47 Corte Mesa Dr, San Rafael $749,000, 4 bed/2 bath, sold 7/30/2021 1713 Las Gallinas Ave, San Rafael...

When do new homes hit the market? This is a question we get all the time. We also get a whole lot of speculation about holidays and special events and their relationship to people's readiness to list their homes for sale. So we wanted to share some stats to really get to the bottom of this equation. Search thornehometeam.com In Marin County, the general rule of thumb is that the most new homes are listed for sale during the Spring and Summer months and this is because of weather patterns and  kids being out of school, making it easier to make family moving transitions during this time. So let's take a look at the numbers. The graph below shows the number of homes for sale and new listings per month from the past 5 years in Marin County. Pay particular attention to the blue line for number of new listings. You'll notice since 2015 the new listings hit a low each December, hovering a bit below the 100 mark. Then they ramp up around March and April, with a peak above 350, then...