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Tracey Broadman
Regional Director, Broker Associate
About Me
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Tracey Broadman is an accomplished real estate advisor with over 24 years of experience. She owned a brokerage in LA and has worked with UHNW clients selling hundreds of properties in California and beyond. Tracey is known for her tenacious negotiation skills and relentless commitment to client service. She takes a high-tech, high-touch approach, focusing on residential and investment properties across the region.
(Or: How I Learned to Stop Worrying and Love the Data!) Listen up, amazing Sun Valley/Forbes homeowners – if you're sitting on the fence about selling (literally or figuratively), I've got some numbers that'll make you want to dust off that "For Sale" sign. ↓
With 2.99 months of inventory, San Rafael's market is like that perfect bowl of porridge – not so scorching hot that buyers are throwing elbows at open houses, but definitely warm enough that your home won't be the wallflower at the real estate dance. Think of it this way: if the housing market were a trendy Marin restaurant, you'd have a short wait for a table, but you wouldn't need to camp out overnight with a sleeping bag.
The inventory has dropped 16% in the past month and 13% over the year. That's like watching the last few spaces in the Mill Valley Whole Foods parking lot disappear – suddenly everyone wants what's left. For sellers, this translates to less competition and more negotiating power. It's not quite "bidding war bloodbath" territory, but it's definitely "sellers can sleep well at night" country.
Here's where it gets interesting – homes are selling for 100% of asking price. That's not a typo, and no, I didn't accidentally discover some alternate universe where buyers have unlimited budgets. This means sellers are pricing their homes like seasoned poker players – they know exactly what cards they're holding.
For you, this is like having GPS for your listing price. No more throwing darts at a dartboard blindfolded. Price it right based on recent comps, and you'll likely hit your target without the drama of multiple counter-offers that make everyone feel like they're negotiating a Middle East peace treaty.
With homes selling in a median of 32 days, we're not in "sold before the sign hits the lawn" territory, but we're also not talking about properties aging like fine wine in someone's basement. Think of it as the perfect amount of time to stage your home, get professional photos that don't make your kitchen look like a crime scene, and actually attract quality buyers instead of just anyone with a pulse and a pre-approval letter.
This timeline gives you breathing room – enough to make your home shine without the pressure of needing to accept the first lowball offer from someone who thinks your crown molding is "too fancy."
With a median sold price of $1,575,000, San Rafael continues to prove that Marin County real estate is like a luxury handbag – it holds its value and makes you feel sophisticated just owning it. This isn't just a number; it's your benchmark for understanding what buyers in your neighborhood consider reasonable for a slice of Marin paradise.
Right now, selling in San Rafael is like having a reservation at French Laundry – you're in a privileged position, but you still need to show up prepared and looking your best. The market conditions are working in your favor, but success still requires strategy, proper pricing, and maybe a little bit of that Marin magic.
Don't navigate this alone like you're trying to find parking in downtown Mill Valley during farmer's market day. For personalized guidance that'll help you maximize your sale and minimize your stress, contact Tracey Broadman at Vanguard Properties. Because in this market, having the right expert is like having the secret menu at In-N-Out – it makes all the difference.
The Community Factor:
Marin isn't just one market – it's a tapestry of distinct communities, each with its own trends and style. Mill Valley saw a 10% increase in actual sales, while Tiburon experienced a 32% decrease in sales. Days on market varied wildly, from a robust 8 days in Greenbrae to a more leisurely 78 days in Ross.
These community-level variations aren't just statistics – they're opportunities. Capitalizing on these opportunities requires the ability to interpret these trends in the context of individual buyer and seller needs.
As we head into the fall selling season, Marin's real estate market is filled with opportunity. Whether you're looking to buy your dream home, or investment, or maximize the return on your asset, having a dedicated local expert by your side isn't just an advantage – it's your secret weapon in this dynamic market.
Let's connect and put my deep local expertise and network to work for you.
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