california: Paradise Foods Set to Open (Novato, California)
- 10/12/09 11:13 AM
Southern Novato will soon benefit from another grocery store — the highly anticipated Paradise Foods is scheduled to open next week, according to the Marin IJ. I drive by the site regularly and sure enough it is looking good. The entire shopping center (on Ignacio, just west of HWY 101), which lost its anchor tenant Safeway last year (Safeway opened its mega-store across HWY 101 at Hamilton Center — it is the best Safeway in Marin, by all accounts), is looking great. Below is the article from the IJ — note the shameless self promotion near the bottom of the article … (0 comments)
california: How to Lose Your Net (Impact of Overpricing in Mill Valley, California)
- 10/10/09 03:05 AM
Barring special circumstances, there is generally nothing more important to sellers than the net amount of funds they retain when their home is sold. As every real estate professional will attest, pricing correctly for the market at the outset of the listing period is far and away the most important factor in the sales process — as they say, "price conquers all buyer objections." Each year in the real estate industry, numerous books are written, classes are taught, and sermons are delivered on the topic of pricing. Managers implore their agents to advise their clients about the dangers of over-pricing and … (0 comments)
california: Best Biking Trips in Marin
- 09/24/09 10:04 AM
Estero Trail, Point Reyes National Seashore: A nine-mile trip with sweeping coastal views and no trail conflicts makes this a near sure thing (unless there's fog). Take the Estero Trail up to the ridge to the Drake's Head Trail. The views are breathtaking, first across the Estero de Limantour, and then later across miles of ocean. Open foothills mean no blind turns or surprise encounters. (415) 464-5100 or nps.gov/pore. Sir Francis Drake Bikeway, Samuel P. Taylor State Park: An easy 10-mile round trip runs parallel to Lagunitas Creek, a gorgeous stream under a redwood canopy. Start at the Platform Bridge trailhead … (1 comments)
california: Kyle Frazier, CRS (Christie's Great Estates -- Morgan Lane) Earns Luxury Home Marketing Designation
- 09/23/09 03:58 PM
Kyle Frazier with Christie's Great Estates -- Morgan Lane Marin in Kentfield has earned the certification from The Institute of Luxury Home Marketing. Kyle is the only agent in Marin County California to hold both that designation and the Certified Residential Specialist designation. Call Kyle for counseling and marketing services relating to your luxury home needs in Marin County. Kyle Frazier, CRS Christie's Great Estates -- Morgan Lane Marin Kentfield, California (415) 350-9440 Kyle@ImagineMarin.com … (1 comments)
california: Marin County, CA. Real Estate Update — September 2009 (Homes For Sale & Price Ranges)
- 09/21/09 07:11 AM
Marin County, California real estate held steady, for the most part, through Summer 2009. While year over year prices are down across the board no matter how you slice it, many feel as though absent further crisis, we may be nearing the end of the downward cycle — after a full 3 years. Certainly, well priced, updated homes in great locations are selling promptly. In Northern Marin (a.k.a Novato), 81% of homes priced under $500,000 are in escrow (that’s 39 out of 48 homes!). In San Rafael, 64% of homes priced at or below $600,000 are in escrow. These astonishing sales numbers … (0 comments)
california: Marin County, California, Luxury Homes Report (September 2009)
- 09/21/09 07:05 AM
Earlier this month marked the one-year anniversary of the beginning of the equities market meltdown, which profoundly impacted Marin County, California’s luxury real estate market. In our New Economy, real buyers have become less numerous and have placed increased emphasis on prestige locations, views, lifestyle amenities (usable yards, proximity to clubs/shopping, etc.), schools, and sensible scale. As reported all year, the luxury segment remains weighted towards homes priced under $4 million — while we had 3 sales of homes priced over $4 million in July 2009, yet August 2009 saw just 1 sale in this affluent price band. Among the sales … (0 comments)
california: Tiburon & Belvedere CA Real Estate Market Report (September 2009 Home Sales Update)
- 09/19/09 03:39 AM
Tiburon and Belvedere, California real estate is some of the most valuable in the Bay Area — Belvedere had a closing at $5.1 million in August 2009. Perhaps because of this, sales and activity remain choppy, despite the favorable market environment for buyers. In fact, even the "anti-real estate" Wall Street Journal recently noted that the real estate market "has rarely looked better" click HERE for article. There are currently 113 active listings in the 94920 zip code, which covers Tiburon and Belvedere (up by about 10 properties from last month). Twenty of these properties are priced over $5 million. While last month’s … (0 comments)
california: Mill Valley CA. Real Estate Report (September 2009 Home Sales)
- 09/18/09 03:40 PM
The Mill Valley, CA. real estate market fulfilled low expectations in August 2009 with 22 sales — same as in July 2009. It has become apparent over the past several months that asking prices have largely halted their downward spiral. As is evident in the graph below, which tracks the median price per square foot (down from $740 to $612), in Mid-June prices flattened out in Mill Valley and have more or less remained stable. It will be interesting to see whether this flattening out carries over into the sales prices of homes trading this Fall and Winter. Based … (0 comments)
california: San Rafael CA Real Estate Market Report (August 2009 Home Sales Update)
- 09/18/09 03:52 AM
San Rafael, CA’s real estate market is increasingly fueled by foreclosures and short sales. The entry level price band (under $600K) remains extremely hot (84% of such homes are currently in escrow) and the $600K to $800K price band has seen steady activity with 35% of homes in escrow (same as last month). Increased affordability, low interest rates (rates are down from the time of last month’s report), an increased presence of FHA loans, and a shifting mindset by both buyers and sellers, are impacting these price points in a positive manner. Additionally, the $8K tax credit for first time home … (0 comments)
california: Novato Real Estate Update (September 2009 Home Sales Report)
- 09/17/09 10:08 AM
I have written in past months about the high level of competition in Novato, California’s entry level real estate market. This trend continues into Q3 2009. In August 2009, 38 Novato homes sold. This is down from 47 sales in July and the same as in June. Many of these sold properties were bargain basement homes that were in some of distress. But, the inventory continues its rapid absorption as pent up demand, historically low interest rates, the First Time Homebuyer Credit, and increased affordability carry the day. Continuing on a trend noted last month, the average sales price of Novato homes rose. … (1 comments)
california: The New Normal in Marin County, California ... and beyond!
- 09/11/09 03:25 AM
I generally avoid posting articles from other publications, but a recent Associated Press article carried by the San Francisco Chronicle seemed particularly clear and to the point. In sum, there is a "New Normal" in real estate locally (I work in Marin County, California where prices for single family homes are relatively high compared with the rest of the nation) and nationally.
This New Normal can be characterized as world in which "real" buyers have significantly increased power due to a number of factors. To read the full story, please click here.
… (1 comments)
california: Some Recent Numbers in Marin County
- 09/08/09 07:49 AM
The last month's real estate stats are below. Please call with any questions. Statistics - Marin County - SFR & Condo 8/17/09 8/24/09 8/31/09 9/7/09 ALL Marin Cities - Actives 1070 1052 1063 1020 ALL Marin Cities - Contingents 345 352 338 344 ALL Marin Cities - Pendings 95 104 103 97 ALL Marin Cities - Solds 1173 1219 1278 1327 % In Contract 29.14% 30.24% 29.32% 30.18% % Sold 77.68% 80.84% 84.97% 90.83% 13 Marin Cities - Actives 971 952 967 928 13 Marin Cities - Contingents 332 333 322 326 13 Marin … (0 comments)
california: Marin County, CA. Real Estate Update — August 2009 (Homes For Sale & Price Ranges)
- 08/21/09 06:38 AM
Marin real estate has, it appears, survived the worst of the downturn. While prices are down across the board no matter how you slice it, the road to recovery is in view. Yet, virtually every call I get from potential buyers, at some point in the conversation, eventually turns to short sales and foreclosures — distressed sales remain featured on many buyers’ dance cards. In fact, distressed sales are very competitive and often receive multiple offers. In Northern Marin (a.k.a Novato), 82% of homes priced under $500,000 are in escrow (that’s 40 out of 49 homes!). In San Rafael, 84% of homes … (0 comments)
california: Belvedere | Tiburon, California (August 2009 Real Estate & Homes For Sale)
- 08/21/09 06:33 AM
The Tiburon and Belvedere real estate market is showing signs of gathered traction despite ongoing concerns on Wall Street regarding consumer confidence and spending. There are currently 102 active listings in the 94920 zip code, which covers Tiburon and Belvedere (down from 120 last month). Nineteen of these properties are priced over $5 million — however, three are currently in escrow and we did see a sale close for $7.5 million in July. This activity is up sharply from the flatline base experienced in the first half of 2009. Meanwhile, there is also fairly strong activity in the lowest price band … (0 comments)
california: Mill Valley CA. Real Estate (August 2009 Home Sales Update)
- 08/17/09 09:23 AM
The Mill Valley, CA. real estate market remains predictably unpredictable — after just 17 sales in May 2009, we had a robust 29 sales in June 2009, followed by 22 sales in July 2009. As I noted in last month’s report, the decline in sales numbers this month was expected as families focus more on vacations and outside activities. And September will bring even fewer home sales, along with a moderate rise in inventory and increased buyer activity. Over the past quarter in much of Marin County, it has become apparent that asking prices have halted their downward spiral. As is … (0 comments)
california: San Rafael CA Real Estate (August 2009 Home Sales Update)
- 08/17/09 09:16 AM
The big news in San Rafael real estate this past month revolved around the sale of Carlos Santana’s 1.7 acre, 7,000 square foot estate, which sold for $4.185 million after a short two weeks on the market. Congratulations Carlos! Meanwhile, San Rafael listing prices experienced a brief rise earlier this Summer, but have again begun a downward shift over the past few weeks. By comparison, asking prices in Novato have been rising for several months, leading many to beleive that the bottom has formed in Novato. It does not appear this phenomenon is being replicated in San Rafael.
[Click HERE for the … (0 comments)
california: Novato Real Estate (August 2009 Home Sales Report)
- 08/17/09 09:13 AM
Last month, for the first time since I began writing Novato monthly updates back in 2006, I stated that it appears that the Novato, CA. market (for single family homes) seems to be improving in two meaningful ways. Certainly, sales have risen from last year and we have several months of increasing sales (as the inventory of short sales and foreclosures is quickly snapped up by motivated buyers). But, perhaps even more importantly from the perspective of home owners, it also appears that prices at the entry level (e.g., properties priced below $500,000) have bottomed out. As evidenced by the chart below,the 90-day rolling average … (0 comments)
california: Luxury Homes Report (July 2009–Sales and Inventory Analysis)
- 07/30/09 03:16 AM
Marin County, CA’s luxury real estate market segment is slow and remains weighted towards homes priced under $4 million — just one home priced over $4 million sold in June 2009 and it was an off-the-market sale. The number of sales in June 2009 is off by over 40% from June 2008, yet the average price of sold homes is down just 3% from last year. In Marin, only the homes with special locations, views, or features seem to be getting significant attention. For a detailed snapshot of current national trends from the Institute for Luxury Home Marketing dated July 19, … (0 comments)
california: Marin County, CA. Real Estate Update — July 2009 (Homes For Sale & Price Ranges)
- 07/30/09 03:10 AM
The Marin County, CA real estate market is a mixed bag. Recent escrow activity levels have been refreshing, if not invigorating. New escrows generated in April – June 2009 represent the three best months since June ’07. This progress seems to be continuing. In fact, we could experience the busiest summer in MarinCounty real estate in recent years. This increase in activity (not price appreciation) follows the slowest six month stretch we have seen in sixteen years. Closings of Marin County single family homes in the 4th quarter of 2008 (457) was the lowest since 1994. Closings in 1st quarter 2009 (222) and 2nd quarter ’09 (421) both set … (0 comments)
Boyle Park is great neighborhood and the park itself is one of my family's favorites, with a large playground, tennis courts, picnic areas, softball/baseball field, creek, and more. The neighborhood is within easy walking distance to town square and Park Elementary School. Boyle Park is bordered by E. Blithedale and and Country Club. It is sunny and an easy commute location. There are a number of homes bordering the park itself. Prices range generally, from $1 million to $2.5 million, with occassional exceptions on either side. The combination of Mill Valley's … (0 comments)
Christie's Great Estates | Pacific Union International
Office: (415) 448-1118
Mobile: (415) 350-9440
Real Estate information about Marin County, California--Mill Valley, Sausalito, Tiburon, Belvedere, Corte Madera, Larkspur, Greenbrae, Kentfield, Ross, San Anselmo, San Rafael, and Novato. Community descriptions, sales information, and more.
Southern Novato will soon benefit from another grocery store — the highly anticipated Paradise Foods is scheduled to open next week, according to the Marin IJ. I drive by the site regularly and sure enough it is looking good. The entire shopping center (on Ignacio, just west of HWY 101), which lost its anchor tenant Safeway last year (Safeway opened its mega-store across HWY 101 at Hamilton Center — it is the best Safeway in Marin, by all accounts), is looking great.
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