| The table below shows the activity for the month of January, sorted by the City with the highest percentage of available listings in escrow. Anything above 35% is considered a Seller´s Market. Anything below 30% is considered a Buyer´s Market. Between 30% and 35% is considered a Neutral Balanced Market. | | City | # of homes sold | Average Days on Market | Average Original Asking Price | Average Final Selling Price | # Sold AT Original Asking Price | # Sold OVER Original Asking Price | % of Available Listings in Escrow | | Greenbrae | 6 | 99 | $1,216,333 | $1,046,833 | 2 | | 58% | | Corte Madera | 5 | 87 | $826,400 | $779,200 | 1 | | 37% | | Fairfax | 2 | 98 | $750,000 | $721,250 | | | 36% | | Mill Valley | 15 | 108 | $1,538,733 | $1,393,928 | | 1 | 34% | | San Anselmo | 7 | 57 | $1,224,957 | $1,137,643 | 1 | | 34% | | Larkspur | 5 | 88 | $1,901,800 | $1,553,000 | | | 33% | | San Rafael | 38 | 85 | $899,392 | $848,104 | 4 | 5 | 27% | | Novato | 28 | 107 | $691,707 | $638,821 | 1 | | 21% | | Sausalito | 6 | 148 | $1,316,167 | $1,034,167 | | | 21% | | Ross | 2 | 132 | $2,897,500 | $2,770,000 | | | 19% | | Tiburon | 5 | 340 | $7,217,000 | $6,095,600 | | | 19% | | Kentfield | 5 | 67 | $2,175,800 | $1,923,800 | | | 17% | Please note that all Original Asking Prices are without any price reductions. | For Marin County as a whole, there were 137 homes sold in the month of January, on the Market for an average of 103 days, with an average original list price of $1,290,096 and selling for an average of $1,246,868. Of all the available homes in Marin County, 26% are in escrow. The numbers for Tiburon are skewed due to Andre Agassi's property selling for $20,000,000. The original asking price on that was $24,500,000 and it was on the market for 1217 days. |
We are seeing a real turn in the market here in Marin County. The numbers really speak for themselves. For more information about the area, please visit my website.
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