March 2026 Marin County Market Report
The Market Accelerates
Moving into spring, rising buyer demand vs. an inadequate supply of homes for sale is creating a rapidly heating market characterized by increasing buyer competition, faster sales and more overbidding of asking price. The upcoming months are typically the most active of the year and current trends and conditions are expected to generate continuing upward pressure on home values. Median home sales prices often hit their calendar-year highs in spring, due to the severe imbalance between supply and demand, as well as a seasonal surge in luxury home sales.
As was the case last year, houses are seeing stronger market conditions than condos, and more affluent buyers continue to play an outsized role in demand and home-price appreciation.
The wild card in the coming months is what sustained effects, if any, the Iran war may have on inflation, interest rates, financial markets, and consumer confidence.
There may be no significant impact on housing, unlike the tariff shock, which caused an abrupt slowdown in the spring market last year.
[Report created in good faith using data from sources deemed reliable, but may contain errors and is subject to revision. Last period figures are preliminary estimates based on data available early in the following month. All numbers are approximate and may change with late-reported activity.]
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