market: Pacific Union International | Belvedere & Tiburon Real Estate | February 2011 Home Sales Report - 02/16/11 06:27 PM
During January 2011, Tiburon and Belvedere experienced just four home sales. Below are the percentages of homes in escrow in each of the major price bands: 25% of homes priced under $2 million; 20% of homes between $2 million and $3 million; 6% of homes between $3 million and $5 million; 0% of homes over $5 million. Tiburon and Belvedere homes that sold in January 2011 exhibited the following characteristics: Number of Sales: 4 Average Days on Market: 140 Price: $2.124 million Square Feet: 2,446 Price per Square Foot: $851 If you have any questions or would like a custom market analysis … (0 comments)
market: Novato CA Real Estate Update (January 2011 Homes For Sale) - 01/03/11 04:33 PM
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)
market: Marin County, CA. Real Estate Update — October 2010 - 11/03/10 10:59 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)
market: Pacific Union International | Marin Real Estate Report (June 2010) - 06/25/10 11:50 AM
Year over year prices seem to have leveled in many 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 12% from last year and sales of entry level (3 bedroom, 2 bath homes with at least 1,500 square feet and priced under $1 million) are up a modest 10% from May 2009. Recent news reports in the local media have noted increased median prices, but that reflects the fact that luxury homes are selling once again after a lackluster 2009.
… (0 comments)
market: Novato Real Estate Market Update (June 2010 Home Sales) - 06/16/10 01:28 PM
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)
market: Marin County, CA. Real Estate Update — January 2010 - 01/21/10 10:24 AM
We are approached daily by our clients with requests to predict what will happen in our local real estate markets in the near future. To shape our perspective, Morgan Lane researched Marin County single family home (SFH) sales and indexed them (on a units-sold basis) to multiple benchmarks including: interest rates (10 Year T-bill), unemployment (SF Bay Area) and an affordability index (income vs. cost of ownership). We continue to struggle to find direct correlation between Marin County real estate and these available indices. We have found a relationship worth noting between the total number of Marin County SFH (supply), … (0 comments)
market: San Rafael CA Real Estate Market Report (January 2010 Home Sales Update) - 01/19/10 06:05 PM
San Rafael, California real estate sales slowed in December 2009, with 32 trades, down 33% from November. The entry level price band (under $600K) remains active, with 38% of homes now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has dipped to just 29% of homes in escrow. The inventory for single family homes for sale remains steady at 78 homes. It is expected that this Spring will see a large number of homes hitting the market as sellers who have stayed out of the market for the past 2 years will feel more confident in … (0 comments)
market: South Gate at Hamilton Field, Novato (Real Estate Market / Homes For Sale Update -- January 2010) - 01/06/10 06:04 PM
As we enter 2010, the South Gate at Hamilton Field, Novato real estate market is poised for success as new homes / listings enter the market. There are currently 3 homes for sale in Newport and Sunny Cove neighborhoods. In addition, the home below, located in Hamilton Field's desirable South Gate neighborhood is available.
The above home, by way of example, has 5 beds, 3 baths, and is approximately 2,970 square feet, and is located at the back corner of South Gate along the levee. It is priced at $842,000, well below a recent comparable sale. South Gate Home Sales & … (0 comments)
market: Marin County, CA. Real Estate Update — November 2009 (Homes For Sale & Price Ranges) - 11/10/09 05:19 PM
Marin County, California real estate enters the Winter months much the same way it entered the Summer months — with a feeling that activity will be stronger than usual for this time of year. While year over year prices are down across the board no matter how you slice it, many feel as though absent further crisis, we may be nearing the end of the downward cycle — after a full 3 years. Certainly, well priced, updated homes in great locations are selling. As noted in my Novato update, it is apparent that the low end in Northern Marin has settled … (0 comments)
market: Tiburon & Belvedere CA Real Estate Market Report (October 2009 Home Sales Update) - 10/17/09 11:25 PM
Belvedere and Tiburon sit on the Tiburon Peninsula and associated islands, just across a narrow portion of the San Francisco Bay and the Golden Gate Bridge. Real estate is expensive. Several homes each year sell for $5 million and up. As 2009 began to unwind, the luxury sector was flat for obvious reasons and it seemed as though the highly valued luxury homes with jetliner views and royal class appointments would never sell again — that has changed. For three months straight we have experienced sales above the $5 million mark. Nonetheless, sales and activity remain choppy. There are currently 109 … (0 comments)
market: Marin County, CA. Real Estate Update — July 2009 (Homes For Sale & Price Ranges) - 07/30/09 10:10 AM
The Marin County, CA real estate market is a mixed bag. Recent escrow activity levels have been refreshing, if not invigorating. New escrows generated in April – June 2009 represent the three best months since June ’07. This progress seems to be continuing. In fact, we could experience the busiest summer in MarinCounty real estate in recent years. This increase in activity (not price appreciation) follows the slowest six month stretch we have seen in sixteen years. Closings of Marin County single family homes in the 4th quarter of 2008 (457) was the lowest since 1994. Closings in 1st quarter 2009 (222) and 2nd quarter ’09 (421) both set … (0 comments)
market: Belvedere & Tiburon CA Real Estate Market Report (July 2009 Home Sales Update) - 07/28/09 10:49 AM
Consistent with last month, the Tiburon and Belvedere real estate markets remain in a state of semi-slumber pending further clarity regarding the equities and housing markets. There are currently 110 active listings in the 94920 zip code, which covers Belvedere and Tiburon. Twenty-three of these properties are priced over $5 million with just one such home going into escrow in the past 3 months). Meanwhile, there is some limited activity in the lower price bands, including 2 sales in the $2 million to $3 million range. In June 2009, we had 10 sales compared with 7 sales in May 2009 (same … (0 comments)
market: Mill Valley CA. Real Estate Market Report (June 2009 Home Sales Update) - 06/21/09 12:08 PM
Readers of my monthly reports on Mill Valley, CA. are well aware of my love for Mill Valley. And what's not to like? For starters: (1) A quick and easy commute to San Francisco, (2) often spectacular views of the Bay, the Golden Gate Bridge (a short 5-10 minutes down HWY 101), and Mt. Tam, (3) excellent schools, (4) pleasant weather, (4) a mellow, laid back ambiance, (5) a town square unlike any other in Marin (you have to go to the town of Sonoma for anything like it), (6) diverse social events (think Mill Valley Film Festival & The Dipsea … (0 comments)
market: Novato CA Real Estate Market Update (May 2009 Home Sales Report) - 05/15/09 10:17 AM
While the pipeline of new properties and overall inventory levels increases dramatically throughout most of Marin County, CA (this is the prime selling season, after all), Novato's inventory level has remained very steady over the past 3 months. Just 151 single family homes are currently for sale. There were 152 homes for sale in April 2009 and 142 in March 2009. Novato's absorption rate (e.g., the number of months of inventory currently available in Novato) again dipped dramatically. In March, Novato had 7.9 months of inventory, in April there was 6 months inventory, and today there just 4.97 months of inventory. … (0 comments)
market: San Rafael CA Real Estate Market Report (May 2009 Home Sales Update) - 05/15/09 10:15 AM
As noted last month, San Rafael CA's real estate market is increasingly fueled by foreclosures and short sales. The low end (under $600K) is just on fire with "fire sale" prices. We are currently experiencing an amazing 69% pending ratio for homes priced at or below $600K (up from 31% in February). San Rafael's bread and butter homes, priced between $600K and $800K continue selling at a moderate pace with 29% of homes in escrow. Increasing affordability, low interest rates on conforming loans, an increased presence of FHA loans, and a shifting mindset are all resulting in a strengthening market. Additionally, … (0 comments)
market: San Rafael CA Real Estate Market Report (April 2009 Home Sales Update) - 04/15/09 11:10 PM
San Rafael CA’s real estate market is increasingly fueled by foreclosures and short sales. We are currently experiencing 44% pending ratio for homes priced at or below $600K (up from 31% last month). Although San Rafael’s low end is not as strong as Novato’s, it is certainly gathering momentum. Importantly, San Rafael’s bread and butter homes, priced between $600K and $800K continue selling — 32% of these homes are in escrow (up 1% from February 2009). Increasing affordability, low interest rates on conforming loans, and a general shift in mindset are helping many buyers in the lower price ranges attain home … (0 comments)
market: Marin County Real Estate (February 2009 Homes For Sale Market Report) - 02/14/09 05:03 PM
As of this writing, the Stimulus Bill and its apparently watered down home buyer tax credit is being finalized. Yet economists and consumers are grim. Ergo, the Marin County, California real estate market continues its slow and steady march into the teeth of a tireless media storm of negativity. Yes, the market overall is fairly slow, but not as slow as it may appear. Sales in Northern Marin’s Novato were up 30% January 2009 over January 2008–as I like to say, "Give Yourself a Raise–Move to Novato!" The chart below shows a 90-day rolling average of Mill Valley’s new listings and … (0 comments)
market: Mill Valley Real Estate Update & Market Report, June 2008 - 07/09/08 11:09 PM
Mill Valley can stand up toe-to-toe with any micro-market one can point to. As noted in my reports over the years, Mill Valley is simply one of the most desirable and highly sought-after communities in Marin-and for good reason (click HERE for last month's report and 8 solid reasons we love Mill Valley). Click HERE for the rest of the article. … (0 comments)
market: Mill Valley Real Estate Update (September 2007) - 09/10/07 01:52 PM
School is back in session and Mill Valley home sales and prices are strong. The inventory of single family homes is down to 69 units from last month's 85. A mere 14 are currently on the market under $1 million! As always, the commute to San Francisco from Mill Valley via the Golden Gate Bridge (a short 5-10 minutes), along with the excellent Mill Valley schools, pleasant weather and laid back ambiance is very attractive to just about everyone. Accordingly, prices and sales are ever-strong. Indeed, Mill Valley is THE place people thinking of moving out of San Francisco generally start with when they decide to buy a home in Marin County. Mill Valley homes priced … (0 comments)
market: Marin County Real Estate August 2007 Update (Homes For Sale & Price Ranges) - 08/11/07 10:51 AM
The number of homes for sale (inventory) in Marin County, California continues marching upwards. There are 689 active listings (down from 701 active listings this time last month). We are off the high water mark for the sheer number of homes for sale in Marin-although we are likely to see an uptick of homes on the market in September. The graph below breaks down the current number of homes for sale in Marin County, California, as of August 1, 2007, along with the price ranges for each town/city. Also included is a note indicating whether inventory is up or down over the past month: Marin Single Family Homes For … (1 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.
During January 2011, Tiburon and Belvedere experienced just four home sales. Below are the percentages of homes in escrow in each of the major price bands:
;)
;)
;)
