for sale: Novato Real Estate Market Update (June 2013 Novato Home Sales Report)
- 06/18/13 01:04 AM
Pacific Union International | Novato Real Estate Market Update (June 2013 Novato Home Sales Report). A reporter from a large national newspaper asked me to characterize Novato, California’s real estate market last week and I told him that the sales figures in May were simply unbelievable and that is was by far the best month in the best year we have seen since 2005. Indeed, while a whisper of doubt may have permeated past market reports, none remains now — real estate is back. Ongoing suppressed inventory continues to drive prices seemingly straight up. That, coupled with still low interest rates and … (0 comments)
for sale: Pacific Union International | Novato Real Estate Market Update (October 2011 Novato Home Sales Report)
- 11/08/11 10:56 AM
Much like August 2011, Novato, CA home sales continued to surpass expectations in September 2011, which is traditionally a very slow month for closings in Marin County. Indeed, buyers continue to move very quickly on well-priced and/or unique real estate opportunities. The average sales price of Novato homes has swung wildly this year from month to month. For example, the average sale price in June was $626K. In September it was $530K. September’s trades averaged 117 days on market, were about 1,870 sq. ft., and averaged roughly $258 sq. ft. Novato’s absorption rate (e.g., number of months’ inventory of homes for sale based on last … (0 comments)
for sale: Pacific Union San Rafael, CA Real Estate Update (March 2011 Home Sales Report)
- 03/14/11 09:26 AM
San Rafael, CA’s February 2011 home sales slowed to 22 after a momentous January in which we had 32 homes sell. The entry level price band (under $600K) remains strong — 35 of these homes are currently in escrow (WOW!). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 24 of homes in escrow. Interestingly, the entry level market is virtually the only segment of San Rafael inventory experiencing any meaningful traction — for example, of the 22 homes which sold last month, 16 were priced under $800,000, although … (0 comments)
for sale: San Rafael, CA Real Estate Update (February 2011 Home Sales Report)
- 02/11/11 06:24 AM
A suprising uptick in sales occurred last month (January 2011) in San Rafael - we had 32 homes sell compared with 26 in December. The entry level price band (under $600K) remains strong - 26 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 17 of homes in escrow. Interestingly, the entry level market is virtually the only segment of San Rafael inventory experiencing any meaningful traction - for example, of the 26 homes which sold last month, 27 were priced under … (0 comments)
for sale: Novato Real Estate Market Update (February 2011 Novato Home Sales Report)
- 02/11/11 06:21 AM
January 2011 was another good month for Novato home sales (we had 22 trades). Typically, January sales are quite low as people focus on the Holidays during December. The average sales price of Novato homes in January 2011 was $525K. These homes averaged 100 days on market, were about 2,051 sq. ft., and averaged roughly $267 sq. ft. Novato's absorption rate (e.g., number of months' inventory of homes for sale based on last month's sales totals) sits at just under 5 months' worth of available inventory overall (104 single family homes are currently for sale in Novato). This is a low number. … (0 comments)
for sale: Belvedere & Tiburon Real Estate (Pacific Union International January 2011)
- 01/04/11 08:52 AM
During December 2010, Tiburon and Belvedere experienced twelve home sales. Interestingly, all but 1 of Tiburon's 7 sales were properties below $2 million. Below are the percentages of homes in escrow in each of the major price bands: 24% of homes priced under $2 million; 17% of homes between $2 million and $3 million; 13% of homes between $3 million and $5 million; 0% of homes over $5 million. Tiburon and Belvedere homes that sold in December 2010 exhibited the following characteristics: Number of Sales: 12 Average Days on Market: 159 Price: $2.862 million Square Feet: 2,862 Price per Square Foot: $750 If … (3 comments)
for sale: Novato CA Real Estate Update (January 2011 Homes For Sale)
- 01/03/11 08:33 AM
Happy New Year! As I write this real estate report, the stock market is at its highest level since the 2008 meltdown began and up 125 points on the first day of trading in 2011 and the headline on CNN Money is “A Hiring Boom in 2011. Really.” Despite historically low interest rates and overall affordability at its best levels recorded, the overall Marin market was down in terms of sales numbers in 2010. Yet, in December 2010, the Novato, California real estate market continued to show very real strength across all price bands, except for homes priced above $1.5 … (0 comments)
for sale: Mill Valley Real Estate (January 2011)
- 01/03/11 08:00 AM
December 2010 home sales in Mill Valley totaled 20. These trades sold for an average price of $1,149,219 and averaged 2,364 sq. ft. (or about $491 per sq. ft.). The end of 2010 saw a heightened sense of security from buyers of homes in the bread-and-butter Mill Valley price range of $1.5 million to $2 million. We had 6 such sales and another 5 between $1 million and $1.5 million. The number of listings actively on the market in the MLS a very low 64 - most sellers took their homes off the market as Winter set in. Inventory will increase … (0 comments)
for sale: Marin County, CA. Real Estate Update — October 2010
- 11/03/10 03:59 AM
Overall in Marin County, the bottom for pricing seems to have formed. The average price of a Marin County single family home has once again surpassed $1 million. In addition, for the seventh consecutive quarter (since Q1 ‘09) both the average and median price of a single family home has experienced modest appreciation. Possibly the most interesting phenomenon is this modest price appreciation (2% per annum) occurring in a market of significantly lower units closed. The number of homes sold in third quarter ‘10 under $1 million fell -16% from the same period a year ago. The number of homes sold … (0 comments)
for sale: San Rafael CA Real Estate Market Report (October 2010 Home Sales Update)
- 10/27/10 06:13 AM
San Rafael, California real estate sales in September 2010: 28 trades (up 3 from August). The entry level price band (under $600K) remains relatively strong - 26 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 21 of homes in escrow. The inventory for single family homes for sale has decreased a bit this month as inventory is absorbed and very few homes come to market this time of year. There are currently 192 homes active on the MLS. Of the 28 homes sold … (0 comments)
for sale: Pacific Union International San Rafael CA Real Estate Market Report (September 2010 Home Sales Update)
- 09/27/10 06:27 AM
San Rafael, California real estate sales in August 2010: 25 sales. The entry level price band (under $600K) remains relatively strong — 29 of these homes are currently in escrow (39%). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly with 17% of homes in escrow. The inventory for single family homes for sale increased a bit this month as it does every year after Labor Day. There are currently 217 homes active on the MLS. Price per square foot stands at $357. Of the 34 homes sold in June 2010, the average: days on … (0 comments)
Kyle Frazier is a broker and realtor with Pacific Union International. He is also a Certified Residential Specialist (CRS) and Certified Luxury Home Marketing Specialist (CLHMS). We know of no other Novato realtor (or Marin County realtor, for that matter) can lay claim to these two very difficult certifications which require BOTH superlative sales results (before joining Pacific Union, … (0 comments)
for sale: South Gate at Hamilton Field, Novato (Real Estate Market / Homes For Sale Update -- July 30, 2010)
- 08/03/10 04:03 AM
South Gate at Hamilton Field in Novato, CA is a special place. Rarely do homes come on the market and for the most part, they tend to sell fairly quickly. Below is a chrat showing all sales and active listings in South Gate at Hamilton Field so far this year, broken down by street. South Gate Home Sales & Activity -- 2010 (July 30, 2010) Presidio Drive
For more information on the local Hamilton Field market, call Kyle Frazier, CRS | Pacific Union International Real Estate | (415) 350-9440 | Kyle@Novato101.com. Kyle is a broker, J.D., and Certified Residential Specialist. We are … (0 comments)
for sale: Pacific Union International | Marin Luxury Homes Report (June 2010)
- 06/25/10 04:54 AM
Pacific Union International is the leading broker for Marin County luxury homes. As reported in previous months, “real buyers” continue to snap up homes in prestige locations such as Mill Valley, Belvedere, Ross, Kentfield, etc., along with “value” properties with locational upside, views of San Francisco, southern exposures, knolltop properties. Without question, Marin’s luxury home market is showing signs of increased velocity and buyer optimism. In the $2 million to $4 million price band, May 2010 sales eclipsed last year’s total, inventory is down from last year, and the number of homes with accepted offers (in escrow) is high. This combination of factors looks promising for … (0 comments)
for sale: Pacific Union Real Estate Mill Valley CA. Real Estate Report (June 2010 Home Sales Update)
- 06/18/10 04:59 PM
Similar to May 2010, the number of homes sold in the Mill Valley, California real estate market rose and Mill Valley's touchstone price band ($1 million to $2 million) posted another solid month. Buyers are again speaking confidently about the market as prices have tumbled, interest rates are extraordinary, jobs numbers have improved, and media coverage concerning real estate has turned positive. I have a strong sense that many feel a tailwind. The number of homes for sale in Mill Valley is up marginally to 147. Summer is upon us, school is out, and the primary selling season has wrapped up. Mill Valley's entry … (0 comments)
for sale: Pacific Union San Rafael CA Real Estate Market Report (June 2010 Home Sales)
- 06/16/10 08:21 AM
San Rafael, California real estate sales remained strong in May 2010. We had 41 trades (compared to 44 in April). The entry level price band (under $600K) remains very hot — over half of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains tepid with 27% of homes in escrow. The inventory for single family homes for sale increased this month to 189 homes. Increased supply is typical this time of year as many of the overpriced homes from early in the year remain on the market and new listings are added. … (0 comments)
for sale: Novato Real Estate Market Update (June 2010 Home Sales)
- 06/16/10 06:28 AM
The unabated Novato, California real estate market remains firm in all price points. In May 2010, we had 38 sales (over 60% higher than April). The average sales price of Novato homes in May 2010 again rose by about 3% to to $677,105. These homes averaged 98 days on market, were about 2,277 sq. ft., and averaged roughly $308 sq. ft. Novato’s price per square foot has hovered between 3-5% of $300 for a year now — in my mind, we are seeing the gradual recomposition of the market in the era of the “New Normal.” Prices are holding steady. This is good … (0 comments)
for sale: Pacific Union International | Marin Real Estate Update | May 2010
- 05/24/10 04:09 PM
We at Pacific Union International in Marin County, California continue to feel as though the 2010 real estate market is vastly different from that of 2009. Year over year prices seem to have leveled in most price segments and locations within Marin — some areas have even seen prices increase (albeit nominally). Countywide supply and demand figures suggest an improving real estate environment. Supply is up 7%. But the number of sales of 3 bedroom, 2 bath homes with at least 1,500 square feet and priced under $1 million, are up an incredible 191% from April 2009.
As noted in various recent … (1 comments)
for sale: Pacific Union International Mill Valley CA. Real Estate Market (May 2010 Home Sales Update)
- 05/17/10 05:43 PM
The number of homes sold in the Mill Valley, California real estate market rose again in April 2010 and Mill Valley's touchstone price band ($1 million to $2 million) has posted another great month. As stated last month, it has been more than three years since buyers have spoken confidently about the market, but they are now. Low interest rates, improved jobs numbers, a string of positive local and regional real estate news stories, and a stronger stock market environment has buyers again feeling secure in the fact that they are buying with a tailwind. The number of homes for sale in Mill Valley is tapering as we move through the Spring selling … (0 comments)
Christie's Great Estates | Pacific Union International
Office: (415) 448-1118
Mobile: (415) 350-9440
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.
Pacific Union International | Novato Real Estate Market Update (June 2013 Novato Home Sales Report). A reporter from a large national newspaper asked me to characterize Novato, California’s real estate market last week and I told him that the sales figures in May were simply unbelievable and that is was by far the best month in the best year we have seen since 2005. Indeed, while a whisper of doubt may have permeated past market reports, none remains now — real estate is back. Ongoing suppressed inventory continues to drive prices seemingly straight up. That, coupled with still low interest rates and … (0 comments)
;)
;)
;)
