Marin: August 2025 Market Stats

July Market Still Affected by Spring's Economic Uncertainty, But Indicators Are Turning Positive

As of early August, measures of economic volatility and uncertainty had plunged from the extreme highs of spring, stock markets shrugged off tariff concerns to hit new highs, consumer confidence continued to tick up, and interest rates dropped to their lowest point in 2025. To a large degree, negative macroeconomic conditions - and the hesitancy to make big financial decisions injected into the psychology of prospective buyers - took the wind out of the sails of the spring and early summer selling seasons. And, generally speaking - though Marin's median house sales price was slightly higher on a year-over-year basis - July's market, which in any case typically sees a considerable seasonal slowdown, was softer than in summer 2024.

But if improvements in economic indicators continue (and issues like inflation and employment don't drastically deteriorate), and if the dramatic effects of the Al boom on the housing markets of Silicon Valley and San Francisco begin to filter out into surrounding counties - as occurred in earlier high-tech booms - we should see positive effects on local market conditions moving deeper into the second half of the year.