Marin County enjoyed a record-setting second quarter as the average sales price soared to the highest in market history for a Q2.
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These trends manifested in an average home sales price of $1.434 million that was down 5 percent year-over-year.
After posting $1.5 million-plus average sales prices in four of the past five quarters, it was unsurprising to see Marin County come back to earth a bit.
Marin County absorbed some of the city's spillover effect in its high-priced sector, with the average home sale closing at $1.597 million.
With luxury-priced inventory extremely thin in Q1, it’s not all that surprising that Marin County experienced a dip in both its average home sale price and sales volume.