A typically quiet side street in San Anselmo was choked with traffic on Thursday as a crowd descended to see a newly listed house for sale. Priced at $375,000, the three-bedroom, two-bathroom “fixer-upper” on Santa Cruz Avenue had already attracted interest from 50 agents and buyers by its third day on the market, said Linda Esposito, the agent who listed the house.
“It’s the beginning of the year, but people are out like it’s the spring,” she said.
The excitement proves that a bargain price — nearby houses have sold recently for up to $200,000 more — can draw a crowd, but it leaves unanswered a question on the minds of many homeowners, buyers and real estate professionals: After several years of decline, has Marin’s housing market hit the bottom?
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