During the month of January 2007, 38 homes sold in San Rafael, after an average of 85 days on the market. The average original list price was $899,392 with an average final selling price of $848,104. Of the 38 homes that sold, 4 sold AT their original asking price and 5 sold OVER their original asking price. Pretty impressive.
As of February 5, 2007, 27% of the available listings in San Rafael are in escrow, which would indicate a Buyer's Market. Contradictory to what the numbers indicate above.
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