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Marin County, California, Luxury Homes Report (December 2009–Sales and Inventory Analysis) - 12/23/09 04:01 PM
The luxury home market in Marin County, California, which is vastly improved over a year ago, seems to have hit a comfortable level of activity. As reported in previous months, real buyers continue to homes in prestige locations with emphasis on views and lifestyle amenities (such as large usable yards, proximity to athletic clubs/shopping, reputable schools, and sensible scales). And they are seeking "value." For the last 2 quarters, the Marin County luxury market has strongly favored homes priced under $3 million. For a detailed snapshot of current national trends from the Institute for Luxury Home Marketing, click HERE. And if you would like a (0 comments)
Marin County, CA. Real Estate Update — December 2009 (Homes For Sale & Price Ranges) - 12/19/09 10:08 AM
The Marin County, California real estate market approaches the new year with momentum. While the beginning of 2009 was terrible for sellers and the market overall, the latter half of 2009 was quite strong across many market segments, giving brokers and home owners a reason for optimism in 2010. While year over year prices are down in many price segments and locations within Marin, some areas have actually seen prices increase (albeit nominally) year over year. Indeed, I believe that many brokers feel as though absent further crisis, we are at or near the end of the downward cycle - after 3+ years. As for bread and butter homes (0 comments)
Tiburon & Belvedere CA Real Estate Market Report (December 2009 Home Sales Update) - 12/17/09 02:33 PM
Every month over the past five months, Tiburon and Belvedere have seen sales in $5 million and up price band. While sales and activity remain choppy, anecdotally, we are seeing that interest in high-end luxury homes is on the rise. There are currently 72 listings in the 94920 zip code, which covers Tiburon and Belvedere (down 21 from last month). In the lower price bands, activity is moderate. The $2 million to $3 million price range accounted for 4 sales last month - there were 6 sales overall in November 2009. Below is a graph comparing median prices over the past year.
For homes that sold in November 2009, (0 comments)
Mill Valley CA. Real Estate Market Report (December 2009 Home Sales Update) - 12/17/09 02:32 PM
The number of home sales in the Mill Valley, California real estate market rose 20% in November 2009 - that is a total of 24 listings sold. Based on last month's total, we currently have an overall inventory of homes sufficient to last 3.1 months (significantly lower than last month) - this is called the absorption rate. This is a HUGE reduction from the absorption rate from May 2009, which stood at well over 8 months. Indeed, the number of homes for sale in Mill Valley is a very low 75, typical for this time of year. Meanwhile, asking prices have seemed (0 comments)
Novato Real Estate Market Update (December 2009 Home Sales Report) - 12/16/09 10:59 PM
The strong Novato, California real estate market continues on its journey into recovery. The average sales price of Novato homes in November 2009 was $620,851. These homes averaged 79 days on market, were about 2,103 sq. ft., and averaged roughly $316 per sq. ft. Novato's absorption rate (e.g., number of months' inventory of homes for sale based on last month's sales totals) has dipped to historically low levels - a scant 2.69 months worth of available inventory overall (95 single family homes are currently for sale in Novato) . A quick look at the supply and demand curve over the past 2 years is striking (0 comments)
San Rafael CA Real Estate Market Report (December 2009 Home Sales Update) - 12/16/09 10:57 PM
San Rafael, California real estate sales were brisk in November 2009, with 48 trades, up from 31 in September 2009. The entry level price band (under $600K) remains at hot, with 58% of home now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has also seen a rise in the percentage of homes in escrow - 53%. It is no secret that our current real estate environment in San Rafael favors buyers, not only because of the state of the market, but also because of superior interest rates, FHA loan availability (allowing purchase loans (0 comments)
Mill Valley, California (Inventory and Pricing) - 12/09/09 03:45 PM
Mill Valley, California (Inventory and Pricing) | Below is a graph showing median home prices dating back to 2007, along with inventory during this same time frame. If you have any questions about the Mill Valley real estate market, please do not hesitate to contact me (see bottom of this article). You can also review my market observations, published on a monthly basis -- just click on the link below. (0 comments)
Hamilton Field, Novato (Nature and Culture -- A Quick Tour) - 12/01/09 12:33 PM
Built during the Great Depression and named for World War I pilot and hero Lloyd Hamilton, the Air Force base was originally marshland and was soldto the U.S. government for $1. Hamilton Field was designed by Capt. HowardB. Nurse, who created an environment that blended in with the naturallandscape, combining elements of Renaissance, Mission, SpanishChurrigueresque and Art Modern. In 1976, the airfield was closed and the area used as an introductioncenter for refugees from Southeast Asia. Cambodians, Vietnamese andLaotians poured into the base on their way to establishing homesthroughout the United States. Marin MOCA: Start your visit at the Marin (0 comments)
Real Estate information about Marin County, California--Mill Valley, Sausalito, Tiburon, Belvedere, Corte Madera, Larkspur, Greenbrae, Kentfield, Ross, San Anselmo, San Rafael, and Novato. Community descriptions, sales information, and more.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.