The small coastal town of Bolinas in Marin County, California is home to a little over 1,200 residents. Located about 30 miles North of San Francisco on California Hwy 1, the Bolinas real estate market consists of fewer than 500 homes.
Since 2005, the logarithmic pricing trend based on price/square foot has declined annually approximately 10%. But, it should be noted that with only around 1 dozen home sales per year, charts and trends might not do a very good job of reporting the overall health of the market.
Following are the homes sold in Bolinas as reported by the Bay Area Real Estate Information Service's (BAREIS) Multiple Listing Service (MLS):
In 2007, 14 homes were sold following an average of 207 days on the market.
Address | Price | Date | Beds | Baths | Sq Ft |
26 Wharf Rd | $ 505,000 | 1/12/2007 | 3 | 1 | 1,182 |
410 Dogwood Rd | $ 565,000 | 1/18/2007 | 1 | 1 | 600 |
550 Dogwood Rd | $ 565,000 | 6/9/2007 | 2 | 1 | 896 |
186 Alder Rd | $ 600,000 | 11/9/2007 | 2 | 1 | 900 |
45 Wharf Rd | $ 633,000 | 3/30/2007 | 3 | 2 | 1,554 |
181 Elm Rd | $ 659,000 | 6/5/2007 | 3 | 3 | 1,608 |
350 Juniper Rd | $ 725,000 | 6/13/2007 | 2 | 1 | 1,190 |
25 Ocean Ave | $ 727,500 | 11/16/2007 | 1 | 1 | 1424 |
395 Yucca Rd | $ 800,000 | 6/29/2007 | 3 | 2 | 1,960 |
292 Elm Rd | $ 825,000 | 7/12/2007 | 2 | 1 | 1246 |
377 Ocean Pkwy | $ 1,150,000 | 1/19/2007 | 1 | 1 | 1,300 |
230 Ocean Pkwy | $ 1,290,000 | 3/23/2007 | 2 | 2 | 2,328 |
216 Ocean Pkwy | $ 1,290,000 | 4/11/2007 | 2 | 2 | 1369 |
5855 Highway 1 | $ 1,500,000 | 6/6/2007 | 9 | 3 | 9,034 |
The California real estate market is poised for the beginning of its cyclical recovery this winter and spring. If you are thinking of investing in real estate, the market currently favors you, the buyer.
For more information regarding Bay Area real estate, please contact me.
Mitch Todd/Realtor®
founder, GreenerMarin
owner, Tam Realty
415-259-7082
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