People often wonder, how’s the market? My first broker Melissa Bradley gave out t-shirts to her agents with the question, “Ask me about real estate,” on the front and the Bradley Real Estate logo on the back. She wanted us to wear those around town in an effort to engage with people and find potential clients. If you were too shy to initiate a conversation with a neighbor while shopping at Safeway, Trader Joe’s or Whole Foods, this was one way to have a stranger initiate a conversation with you! Fun times.
With that said, here’s what’s going on in the San Rafael market as of today. Keep in mind the following data per BAREIS MLS as of 7/25/25 has not been verified, is not guaranteed, and is subject to change, however it is deemed reliable. With that legal disclaimer out of the way, here we go…
94903 Single Family Homes
51 on the market
13 in escrow – Approximately 25% in escrow is a relatively balanced market, skewing towards the buyer
47 average days on market for properties in escrow. This is kind of high. For reference it takes about a month for properties to get accepted offers, then a couple more weeks before they go pending when all contingencies are released and the properties go pending
49 average days on market for properties not in escrow. It’s an interesting number which we may see climb later this year
94901 Single Family Homes
59 on the market
17 in escrow – Nearly 29% in escrow is even more balanced. Once it tips over 30% it becomes more of a seller’s market
56 average days on market for properties in escrow. It’s taking nearly 2 months for properties that are selling to go pending. That means on average it’s taking approximately 6 weeks to get an accepted offer
58 average days on market for properties not in escrow. It's interesting how different these numbers are between condos/townhouses and single family homes, as you will see next
These numbers tell us that sellers must be patient in today’s market.
94903 (non senior) Condos & Townhouses
19 on the market
3 in escrow – 15.8% in escrow means we are solidly in a buyer’s market
23 average days on market for properties in escrow. It seems like if a property is going to sell, it’s going to get snatched up quickly
61 average days on the market for properties not in escrow. This number makes me wonder how much longer it will take before these properties start moving
Like the single family home market, sellers need to exercise patience in today’s market
94901 (non senior) Condos & Townhouses
20 on the market
5 in escrow – 25% in escrow is a decent number for buyers and sellers
16 average days on the market for properties in escrow. Like Northern San Rafael, if a property is going to move, it’s going to be quick
48 average days on the market for properties not in escrow. This is a little better than Northern San Rafael, but in both cases it’s not unusual to see the days on market ticker in the triple digits.
To sum things up, properties are moving in San Rafael. It’s not unusual for properties to be on the market for an extended period of time. It’s not unusual for sellers to give up either based on one more statistic: 93 properties in all of San Rafael (single family and condos/townhomes) have been either cancelled/withdrawn from the market or are on temporary hold in 2025. For perspective, there were only 36 properties last year in the same boat between 1/1/24 – 7/25/24. That tells you things can be kind of rough out there.