N
ovato Real Estate Market Overview, Week of March 19, 2008
It's been almost two months since I last posted the market statistics for the Novato Real Estate Market (part of Marin County). There is a noticeable improvement on the market - Other than a couple of price ranges, most of the others increased sales pending percentage anywhere form 10% to 20% increase in sales for various price range even as the inventory has grown.
My office reported an active March, a lot of buyers out there looking for 'bargains' in Marin county, and Novato is where you will find it!
We are Optimistic!
Want to know the market statistics or go out and see a house or tow? Just give me a call!
category | Total Units/In Escrow | % Active | % Pending | ||
All SFD's and CID's | 376/82 | 78% | 22% | ||
SFD's | 264/49 | 81.5% | 18.5% | ||
CID's | 112/22 | 71% | 29& |
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$0 -$500K SFD | 33/12 | 64% | 36% |
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$500,001-$600K | 39/6 | 85% | 15% |
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$600,001 - $700K | 33/3 | 91% | 9% |
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$700,001 - $800K | 42/10 | 76% | 2476% |
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$800,001 - $999,999 | 45/6 | 87% | 13% |
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$1M - $1.25M | 27/3 | 89% | 11% |
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$1.25M - $1.5M | 22/5 | 77% | 23% |
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$1.5M+ | 21/1 | 95% | 5% |
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- Buyer's Market < 25%
- Neutral 25% - 40%
- Seller's Market > 40%
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