As of December 6, 2007 only 12% of available listings in Novato are in escrow. That means that 88%, and growing, are available. It is definitely a Buyer's Market in Novato.
This current market is an excellent opportunity for buyers to get into Marin County. Many of these sellers truly need to be rescued. If you have been considering making a purchase, contact me and I'll assist you every step of the way. (And, now, for the rest of my market report...)
For the month of November 2007 33 homes sold in Novato for an average final selling price of $651,899.
The average original asking price of these homes was $721,976.
It took these homes an average of 104 days to sell.
Of the 33 homes that sold, 5 sold AT their original asking price and all others sold for less.
For more information on this area, visit my website, or feel free to contact me directly.
Comments(0)