During the month of January 2007, 28 homes sold in Novato after an average of 107 days on the market. The average original list price was $691,707 with an average final selling price of $638,821. Of the 28 homes that sold, only one sold for the original list price. All others sold for less.
As of February 5, 2007 21% of Novato listings are in escrow, indicating a Buyer's Market.
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