Who do you rely on for local real estate information? - 03/25/07 03:22 PM
I was just googling the search phrase Marin County Real Estate Market Conditions and came across an appraiser's blog, which contained this text:
"March 13, 2007 I've always been disapointed in the way the Marin Independent Journal reports on the Marin real estate market .... The IJ relies on realtors that have a vested interest in creating and maintaining a positive perception ... regardless of what is really happening in the Marin real estate market."
Okay, first this appraiser is not in Marin County. Not even close. They are in Martinez, about an hour (and a world) away.
Second, he is complaining that the Marin Independent Journal (or … (2 comments)
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Sonoma, CA Real Estate Market Conditions Update, March 16, 2007 - 03/16/07 05:42 PM
So far for the month of March 2007, 13 homes have sold in the quaint, beautiful town of Sonoma. They have sold for an average sales price of $734,846. In addition to the homes that have already sold, there are an additional 19 homes pending. If all of them close, and it stands to reason that they will, that would put the number of homes sold for the month at 32. This is about average for Sonoma, but down from Sonoma's peak of May 2002, when 74 homes sold.
If you compare this to last year, 2006, 34 homes sold for an … (0 comments)
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Marin County Real Estate Market Conditions Update, March 16, 2007 - 03/16/07 05:33 PM
So far, for the month of March 2007, 107 homes have sold in Marvelous Marin County for an average sales price of $1,123,318 and another 115 homes are pending. If all of them close before the end of the month, and it stands to reason that they will (perhaps even a few more), that would put the number of closed sales at 222, which would be an increase of 50 homes over February 2007--historically the slowest month of the year in Marin County.
In March 2006, 338 homes sold for an average sales price of $951,779. So you can see the volume … (0 comments)
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Marin County Home Sales, Average Price, 2001 - 2007 - 03/09/07 10:30 AM
The chart below shows the average sales price, month over month, for the past several years. As you will see, the pessimists will be disappointed, as home values continue to climb in Marin County. Perhaps not at a break neck pace, but they certainly are not declining. For more historical information, click here.
If you have questions about a specific city, neighborhood or individual home, please do not hesitate to contact me.
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Marin County Home Sales, Units Sold, 2001 - 2007 - 03/09/07 10:26 AM
The chart below shows the number of homes sold in Marin County for the past several years. It is very interesting to note that the data point for February is almost exactly the same for every single year. While you can certainly see that the volume is down from it's peak in 2004. In fact at it's lowest since 2001, prices are still holding steady. For more historical information, click here.
If you would like specific information about a town, a neighborhood or even an individual home, do not hesitate to contact me.
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Sonoma, CA Sales Prices 2001 - 2007 - 03/09/07 10:22 AM
The chart below shows the volatile average sales price for the month over month. This varies greatly as people like Barbra Streisand purchase $35M homes one month and the next there might be condos and small cottages. This is a perfect example of the diversity in this beautiful little town. While things certainly have been slow around here, they are definitely picking up. We are even starting to see a few multiple offer situations. As it gets harder and harder to get into San Francisco and Marin, more and more people will be heading to Sonoma.
For more historical information … (0 comments)
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Sonoma, CA Home Sales Volume 2001 - 2007 - 03/09/07 10:17 AM
The chart below shows the number of homes sold in the town of Sonoma over the past several years. There are currently 176 active residential listings in Sonoma, 26 are contingent, 19 are pending and, so far, 6 homes have sold in March. I anticipate the volume to pick up through the Spring and Summer as it gets more difficult to buy in San Francisco and Marin Counties.
If you would like to see more historical data, click here.
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Marin County is seeing Multiple Offers Again! - 03/08/07 09:36 AM
If you would like information regarding a specific neighborhood or home, don't hesitate to contact me.
… (0 comments)
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Tiburon, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:19 AM
For the month of February 2007 10 homes sold in Tiburon.
The average original asking price was $2,702,900.
The average final selling price was $2,322,200.
It took an average of 124 days for these homes to sell.
Of the 10 homes that sold, 2 sold AT their original asking price and 2 sold OVER.
As of March 4, 2007 23% of available listings in Tiburon are in escrow.
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Sausalito, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:17 AM
For the month of February 2007 5 homes sold in Sausalito.
The average original asking price was $1,060,600.
The average final selling price was $1,051,000.
It took an average of 41 days for these homes to sell.
Of the 5 homes that sold, 1 sold AT the original asking price and 1 sold OVER.
As of March 4, 2007 24% of available listings in Sausalito are in escrow.
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San Rafael, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:15 AM
For the month of February 2007 32 homes sold in San Rafael.
The average original list price was $865,312.
The average final selling price was $823,656.
It took an average of 88 days for these homes to sell.
Of the 32 homes that sold, 3 sold AT their original asking price and 4 sold OVER.
As of March 4, 2007 30% of all available listings in San Rafael are in escrow.
… (0 comments)
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San Anselmo, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:12 AM
For the month of February 2007 15 homes sold in San Anselmo.
The average original asking price was $1,198,600.
The average final selling price was $1,154,267.
It took an average of 71 days for these homes to sell.
Of the 15 homes that sold 4 did so at the original asking price and 1 sold over the original asking price. All others sold for less.
As of March 4, 2007 29% of available listings are in escrow.
… (0 comments)
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Ross, CA Real Estate Market Conditions Update ~ February 2007 - 03/06/07 11:10 AM
For the month of February 2007 only 1 home sold in Ross. And it only took 29 days to sell.
The original list price was $1,550,000 and the selling price was $1,525,000.
As of March 4, 2007 19% of available listings are in escrow.
… (0 comments)
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Novato, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:31 PM
For the month of February 2007 37 homes sold in Novato.
The average original asking price was $777,811.
The average final selling price was $732,945.
It took an average of 97 days for these homes to sell.
Of the 37 homes that sold, 2 sold AT their original asking price and a whopping 12 sold OVER their original asking price.
As of March 4, 2007 21% of available listings in Novato are in escrow.
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Mill Valley, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:29 PM
For the month of February 2007, 28 homes sold in Mill Valley.
The average original asking price was $1,421,411.
The average final sellng price was $1,331,690.
It took an average of 79 days for these homes to sell.
Of the 28 homes that sold, 5 sold AT their original asking price and 5 sold for OVER their original asking price.
As of March 4, 2007 31% of all available listings in Mill Valley are in escrow.
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Larkspur, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:26 PM
For the month of February 2007 only 2 homes sold in Larkspur.
The average original list price was $1,324,500.
The average final selling price was $1,262,000.
It took an average of 11 days for these homes to sell.
Of the 2 homes that sold, 1 sold AT their original asking price and the other sold for less.
As of March 4, 2007 27% of available listings in Larkspur are in escrow.
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Kentfield, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:24 PM
For the month of February 2007, 3 homes sold in Kentfield.
The average original asking price was $3,963,000.
The average final selling price was $3,300,000.
It took an average of 214 days for these homes to sell.
Of the three homes that sold, all sold for less than their original asking price.
As of March 4, 2007 20% of the available listings in Kentfield are in escrow.
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Greenbrae, CA Real Estate Market Conditions Update ~ February 2007 - 03/05/07 05:21 PM
For the month of February 2007, 13 residential listings sold in the town of Greenbrae.
The average original list price was $1,161,731.
The average final selling price was $1,135,308.
It took an average of 41 days for these homes to sell.
Of the 13 homes that sold, 2 sold AT their original asking price and 3 sold OVER.
As of March 4, 2007 54% of all listings in Greenbrae are in escrow.
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Fairfax, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 03:42 PM
For the month of February 2007, 11 homes sold in the town of Fairfax, CA.
The average original list price was $749,723.
The average final selling price was $722,455.
It took an average of 107 days for these homes to sell.
Of the 11 homes that sold, 1 sold for OVER the original list price. All others sold for less.
AS of this date 36% of all available listings are in escrow.
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Corte Madera, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 03:35 PM
For the month of February 2007 9 homes sold in the town of Corte Madera.
The average original list price of these homes was $987,111.
The average final selling prices was $949,778.
It took an average of 50 days for these homes to sell.
Of the 9 homes that sold, 2 sold AT their original list price and 1 sold OVER.
As of this date, 41% of available listings are in escrow, indicating a SELLER's market.
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Marin County, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 11:35 AM
As of March 4, 2007, 26% of available residential listings in Marin County are in escrow, indicating a Buyer's Market. For the month of February 2007, 172 transactions closed for an average sales price of $1,113,964. The average original list price of these homes was $1,148,231. Homes that sold in the month of February took an average of 87 days to sell.
Things are definitely picking up around here. Recent and historical sales charts, which are updated monthly, can be seen by clicking here.
If you have any questions, don't hesitate to contact me.
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Petaluma, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 11:18 AM
As of March 4, 2007, 25% of all residential listings currently available in the town of Petaluma are in escrow, indicating a Buyer's Market. For the month of February 2007, 44 residential listings sold for an average sales price of $586,227 (with an average original list price of $617,458). These homes took an average of 103 days to sell. NOTE: Of the 44 homes that sold, 7 sold OVER the original asking price and 5 sold for AT original asking price--with NO price reductions. In addition to the 44 homes that sold in February, there are 14 pending.
With mulitple offers happening on a daily basis in … (0 comments)
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Sonoma, CA Real Estate Market Conditions Update ~ February 2007 - 03/04/07 11:14 AM
As of March 4, 2007, 18% of all residential listings currently available in the town of Sonoma are in escrow, indicating a Buyer's Market. For the month of February 2007, 26 residential listings sold for an average sales price of $647,863 (with an average original list price of $722,056). These homes took an average of 134 days to sell. NOTE: Of the 26 homes that sold, 1 sold OVER the original asking price and 2 sold for AT original asking price--with NO price reductions.
In addition to the 26 homes that closed in February, there are 14 more that are pending. … (0 comments)
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Whole Foods is coming to Sonoma, CA! - 03/01/07 09:10 PM
That's right, Whole Foods is coming to the beautiful town of Sonoma. What exactly does that mean for this quaint, somewhat remote, little town? To really understand that, you have to understand Sonoma.
Sonoma is steeped in history. A history that is condensed, that can be seen as you walk the cemetery, and is documented on the street signs. People that come to live here do not leave. They fall in love. Deeply. Families have been here for generations. It is a very tight knit community. Everyone knows everyone. And even if they don't actually know you, they know your name, … (1 comments)
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