San Francisco is not alone when it comes to high demand for single-family homes. Marin County is offering some 50% fewer homes for sale. However, the scarcity of inventory is not stopping homebuyers, in fact homes are trading faster than ever.
In my neighborhood, the town of Tiburon, 156 single-family homes sold in 2021, compared to 87 in 2019 – an increase of 79%! Tiburon homes are selling faster than ever, with an average of 37 days on the market compared to the 68 days it typically took to sell in 2019.