california: Marin County Average Sales Price and Units Sold 2001 - present
- 01/06/08 06:49 AM
The chart below shows clearly that property values in Marin County continue to defy gravity. What the chart doesn't show is that the high property values are primarily in Southern Marin County, with Northern Marin (Novato and Northern San Rafael) really taking a beating. Novato, in particular, is seeing quite a bit of bank-owned (REO) properties and short sales come on the market. Entry level buyers, with exotic loans, who can no longer make their payments. While Southern Marin, on the other hand, attracts those with great wealth who often times pay cash for multi-million dollar homes.
If you are interested in … (0 comments)
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california: Sonoma, CA, Historical Average Sales Price and Units Sold Since 1997
- 01/06/08 06:42 AM
The chart below shows that average sales prices in Sonoma have been flat since 2005. This is actually pretty impressive given all the bank-owned and short sale properties that have come on the market recently. The high end remains strong, with lower and middle range homes moving slowly. Although we are seeing some buyers recognizing what a "Buyer's Market" is and they are coming out of the woodwork to take advantage of the deals.
If you are interested in learning more about this beautiful wine country town and how you can benefit from these slow times, do not hesitate to contact me … (0 comments)
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california: Sonoma, CA, Average Sales Price and Units Sold 2001 - present
- 01/06/08 06:36 AM
The chart below shows the month by month activity, from 2001 to present, the average sales price and the humber of homes sold in the beautiful town of Sonoma. As you will see on this chart and again on the historical chart, prices are flat in the town of Sonoma. Volume, on the other hand, is down. And that is really affecting so many aspects of the local economy. If you have been thinking about buying in the town of Sonoma, now is a great time to get a great deal!
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california: Tiburon, CA Real Estate Market Conditions Update ~ December 2007
- 01/06/08 05:38 AM
As of January 5, 2008 17% of the available listings in Tiburon are in escrow, which some sources say indicates a Buyer's Market.
For the month of December 2007 10 homes sold in Tiburon for an average final selling price of $2,328,690.
The average original asking price of these homes was $2,744,800.
It took these homes an average of 185 days to sell.
Of the 10 homes that sold, 1 sold AT the original asking price and all others sold for less.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Sausalito, CA Real Estate Market Conditions Update ~ December 2007
- 01/06/08 05:35 AM
As of January 5, 2008 17% of available listings in Sausalito are in escrow, which some sources say indicates a Buyer's Market.
For the month of December 2007 9 homes sold in Sausalito for an average final selling price of $1,574,444.
The average original asking price of these homes was $1,933,822.
It took these homes an average of 118 days to sell.
Of the 9 homes that sold, ALL sold for less than the original asking price.
For more information about this area, visit my website, or feel free to contact me directly.
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california: San Rafael, CA Real Estate Market Conditions Update ~ December 2007
- 01/06/08 05:32 AM
As of January 5, 2008 17% of available listings in San Rafael are in escrow which some sources say indicates a Buyer's Market.
For the month of December 2007 31 homes sold in San Rafael for an average final selling price of $913,452.
The average original asking price of these homes was $973,787.
It took these homes an average of 74 days to sell.
Of the 31 homes that sold, 4 sold OVER the original asking price and all others sold for less.
For more information about this area, visit my website, or feel free to contact me directly.
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california: San Anselmo, CA Real Estate Market Conditions Update ~ December 2007
- 01/06/08 05:28 AM
As of January 5, 2008 37% of available listings in San Anselmo are in escrow.
For the month of December 2007 12 homes sold in San Anselmo for an average final selling price of $1,182,125.
The average original asking price of these homes was $1,236,667.
It took these homes an average of 59 days to sell.
Of the 12 homes that sold, 1 sold AT the original asking price and 4 sold OVER.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Ross, CA Real Estate Market Conditions Update ~ December 2007
- 01/06/08 05:25 AM
Well, there isn't much to report for Ross for the month of December 2007. Nothing happened. Zero. Zip. Nada. Not one house sold. That said, I'm calling Ross a Buyer's Market.
As of January 5, 2008 27% of available listings are in escrow.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Novato, CA Real Estate Market Conditions Update ~ December 2007
- 01/05/08 08:55 AM
As of January 5, 2008 only 11% of available listings are in escrow, indicating a Buyer's Market. Novato has been hit hardest of all Marin County cities, and this is where the best deals can be found.
For the month of December 2007 32 homes sold in Novato for an average final selling price of $670,075.
The average original asking price of these homes was $729,345.
It took these homes an average of 98 days to sell.
Of the 32 homes that sold, 3 sold AT the original asking price and 2 sold OVER.
For more information about this area, visit … (0 comments)
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california: Mill Valley, CA Real Estate Market Conditions Update ~ December 2007
- 01/05/08 08:52 AM
As of January 5, 2008 22% of available listings in Mill Valley are in escrow.
For the month of December 2007 14 homes sold in Mill Valley for an average final selling price of $1,303,418.
The average original asking price of these homes was $1,391,493.
It took these homes an average of 68 days to sell.
Of the 14 homes that sold, 2 sold AT their original asking price and 3 sold OVER.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Larkspur, CA Real Estate Market Conditions Update ~ December 2007
- 01/05/08 08:49 AM
As of January 5, 2008 17% of available listings in Larkspur are in escrow.
For the month of December 2007 3 homes sold in Larkspur for an average final selling price of $1,206,667.
The average original asking price of these homes was $1,261,333.
It took these homes an average of 114 days to sell.
Of the 3 homes that sold, 1 sold OVER the asking price and the other two sold for less.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Kentfield, CA Real Estate Market Conditions Update ~ December 2007
- 01/05/08 08:46 AM
As of January 5, 2008 19% of available listings in Kentfield are in escrow.
For the month of December 2007 only 1 home sold in Kentfield. This home sold before it hit the MLS and sold for full original asking price: $2,800,000.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Greenbrae, CA Real Estate Market Conditions Update ~ December 2007
- 01/05/08 08:44 AM
As of January 5, 2008 25% of available listings in Greenbrae are in escrow.
For the month of December 2007, 6 homes sold in Greenbrae for an average final selling price of $1,123,667.
The average original asking price of these homes was $1,182,158.
It took these homes an average of 71 days to sell.
Of the 6 homes that sold, 1 sold OVER the asking price and all others sold for less.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Fairfax, CA Real Estate Market Conditions Update ~ December 2007
- 01/05/08 08:35 AM
As of January 5, 2008 29% of available listings in Fairfax are in escrow.
For the month of December 2007 5 homes sold in Fairfax, for an average final selling price of $676,300.
The average original asking price of these homes was $725,180.
It took these homes an average of 79 days to sell.
Of the 5 homes that sold, 1 sold OVER the asking price and all others sold for less.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Corte Madera, CA Real Estate Market Conditions Update ~ December 2007
- 01/05/08 08:33 AM
As of January 5, 2008 43% of available listings in Corte Madera are in escrow.
For the month of December 2007 4 homes sold in Corte Madera for an average final selling price of $931,250.
The average original asking price of these homes was $1,005,000.
It took these homes an average of 90 days to sell.
Of the 4 homes that sold, ALL sold for less than the asking price.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Marin County Real Estate Market Conditions Update ~ November 2007
- 01/05/08 07:20 AM
As of January 5, 2008 only 17% of available listings in Marin County are in escrow. It's a BUYER'S MARKET in paradise!
For the month of December 2007 138 homes sold in Marin County. Only September was slower with only 127 homes selling in that month.
The average final selling price of the 138 homes that sold was $1,217,776. The high end is holding out for their asking prices with the lower end is motivated to sell with even many bank-owned properties in Novato.
These homes took an average of 92 days to sell.
For more information about this area, visit … (0 comments)
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california: Sonoma, CA Real Estate Market Conditions Update ~ December 2007
- 01/05/08 07:14 AM
As of January 5, 2008 a paltry 11% of available listings in the beautiful town of Sonoma are in escrow. Across the board, what we've got here is a BUYER'S MARKET.
For the month of December 2007 only 13 homes sold in Sonoma, for an average final selling price of $805,787.
The average original asking price of these homes was $902,926.
It took these homes an average of 98 days to sell.
Of the 13 homes that sold, 2 sold AT the original asking price and 1 sold OVER.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Petaluma, CA Real Estate Market Conditions Update ~ December 2007
- 01/05/08 07:09 AM
As of January 5, 2008 17% of available listings in Petaluma are in escrow, indicating a Buyer's Market.
For the month of December 2007 34 homes sold in Petaluma for an average final selling price of $489,879.
The average original asking price of these homes was $545,046.
It took these homes an average of 96 days to sell.
Of the 34 homes that sold, 8 sold AT their original asking price and 5 sold OVER.
For more information about this area, visit my website, or feel free to contact me directly.
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california: Marin County Average Sales Price and Units Sold 2001 - present
- 12/16/07 05:43 AM
The chart below tells the story... Prices are holding--at least in Southern Marin--with volume down from recent years. Novato and Northern San Rafael have been hit the hardest. If you drive through Novato right now seems there are For Sale signs on every street. If you have been thinking about buying a home in Marin County, now is a good time.
So far for the month of December 63 homes have Sold in Marin County with another 64 currently Pending. If all of the Pending homes close this month it will shape up to be much like November.
For more information about this … (0 comments)
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california: Marin County Real Estate Market Conditions Update ~ November 2007
- 12/09/07 04:06 AM
As of December 6, 2007 16% of available listings in Marin County are in escrow, indicating a Buyer's Market. Of course, this will vary from town to town. But, overall, it's a great time to buy real estate in Marin County.
For the month of November 2007 171 homes sold in Marin County for an average final selling price of $1,218,569.
It took these homes an average of 78 days to sell.
The towns where the best deals can be found are San Rafael and Novato.
For more information on this area, visit my website, or feel free to contact me directly.
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The chart below shows clearly that property values in Marin County continue to defy gravity. What the chart doesn't show is that the high property values are primarily in Southern Marin County, with Northern Marin (Novato and Northern San Rafael) really taking a beating. Novato, in particular, is seeing quite a bit of bank-owned (REO) properties and short sales come on the market. Entry level buyers, with exotic loans, who can no longer make their payments. While Southern Marin, on the other hand, attracts those with great wealth who often times pay cash for multi-million dollar homes.
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