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 O.K. I kind of slacked a bit, so I am doing the catch up game about Marin Real Estate Market Statistics. Watch for March and April 08 comparison later tonight.
Marin County Association of Realtors released the two months closed sales comparison report for the months of January 2007/ February 2007, vs. January 2008 / February 2008.
From the report, the units sole are significantly lower than that of 2007 (around 30% lower), but the price, although lower, is not as significantly different that that of 2007. As a matte of fact, the average lilst price and sale price are both higher than that of 2007, but the houses stay on the market, on the average, 2 weeks longer than in 2007.
Something for Marin buyers to think about if they are sitting on the fence.
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Marin County Real Estate Market
Two-Month Closed Sales Report
All Residential Homes Sold (Jan/Feb 2007 vs Jan/Feb 2008)
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February 2007
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February 2008
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| TOTAL MARIN PROPERTIES SOLD: 185 |
TOTAL MARIN PROPERTIES SOLD: 121 |
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List Price |
Sale Price |
DOM |
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List Price |
Sale Price |
DOM |
| AVERAGE: |
$1,154,785 |
$1,119,652 |
84 |
AVERAGE: |
$1,231,724 |
$1,169,327 |
100 |
| MEDIAN: |
$869,000 |
$850,000 |
57 |
MEDIAN: |
$810,000 |
$824,500 |
91 |
| HIGH: |
$9,980,000 |
$9,000.000 |
471 |
HIGH: |
$10,000,000 |
$8,500,000 |
401 |
| LOW: |
$200,000 |
$180,000 |
0 |
LOW: |
$175,000 |
$138,000 |
0 |
| ADJ. AVG.: |
$1,11,777 |
$1,081,725 |
89 |
ADJ. AVG.: |
$1,166,921 |
$1,116,391 |
102 |
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January 2007
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January 2008
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| TOTAL MARIN PROPERTIES SOLD: 210 |
TOTAL MARIN PROPERTIES SOLD: 145 |
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List Price |
Sale Price |
DOM |
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List Price |
Sale Price |
DOM |
| AVERAGE: |
$1,266,588 |
$1,223,173 |
104 |
AVERAGE: |
$1,377,745 |
$1317,349 |
84 |
| MEDIAN: |
$879,000 |
$869,000 |
83 |
MEDIAN: |
$899,000 |
$900,000 |
82 |
| HIGH: |
$21,000,000 |
$20,000,000 |
1217 |
HIGH: |
$10,799,000 |
$10,500,000 |
465 |
| LOW: |
$139,000 |
$135,000 |
0 |
LOW: |
$239,900 |
$215,000 |
0 |
| ADJ. AVG.: |
$1,139,151 |
$1,102,017 |
98 |
ADJ. AVG.: |
$1,292,349 |
$1,234,047 |
94 |
Statistics from BAREIS MLS® March 12, 2008. Information herein believed reliable but not guaranteed.
Copyright @ 2008 by Bay Area Real Estate Information Services, Inc. All rights reserved.
Adjusted average does not include the high and low sale data.
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0 Comments on Marin County Real Estate Two Month Closed Sales Comparison Report, February, 2008
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Sylvia Barry, Marin, Sonoma, S.F. Realtor
Novato, CA
More about me…
Frank Howard Allen Realtors
Office Phone: (415) 899-9237
Cell Phone: (415) 717-0293
Email Me
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