As of January 13, 2009 an encouraging 26% of available listings in Novato are in escrow.
For the month of December 2008 47 homes sold in Novato for an average final selling price of $513,828.
The average original asking price was not available as one of the listings that should have been loaded at an asking price of $439,000 was loaded at $43,900,000. Worth noting, this particular listing sold for $467,000.
The range of final selling prices was from a low of $161,500 to a high of $1,300,000.
Of the 47 homes that sold, 6 sold at their original asking price and another 6 sold over their original asking price.
27 of the 47 homes were distress sales.
It took these homes an average of 126 days to sell.
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