morgan lane: 617 Springfield Way, Mill Valley -- Best of Tam Valley
- 05/03/10 04:55 AM
Magical Tam Valley home on large, private lot. An easy two-minute walk to Eastwood Park (tot lot, grass field, tennis courts, basketball, etc.). Three bedrooms and 2 baths upstairs, along with several outdoor entertaining spaces and wrap around decks. The many large windows and skylights provide lots of natural light and a feeling of connectedness with the outdoors. Large in-law unit below main home. Excellent commute location.
For more information, call Kyle Frazier at (415) 350-9440 or go to www.617Springfield.com.
The Landing at Hamilton (located at the rear of Hamilton Field, Novato) is a secluded enclave of luxurious homes reflecting timeless style and contemporary conveniences. These thoughtfully designed homes focus on sophistication, beauty, and community. Residents will enjoy spacious and refined interior spaces, along with the peace of mind associated with living in such a delightful neighborhood adjacent to a rich wildlife sanctuary, the Bay Trail, and within an easy 1-2 minute walk to the pool, ball fields, huge playground, and limitless cycling and walking trails. An unrivaled passion … (0 comments)
morgan lane: Tiburon & Belvedere CA Real Estate Market Report (March 2010 Home Sales Update)
- 03/19/10 10:09 AM
After a strong run of 6 months with $5 million and up sales, Tiburon and Belvedere had none in January or February 2010. There are currently 63 active listings in the 94920 zip code, which covers Tiburon and Belvedere, CA. Yet, while January resulted in just 3 sales, February resulted in 10 sales. Most of these were in the entry level - homes priced under $2million. For homes that sold in February 2010, the average price per square foot was $677 - a significant rise from January 2010's low of $611. Below are the percentages of homes in escrow in each of the major price bands: … (0 comments)
morgan lane: Mill Valley CA. Real Estate Market Report (March 2010 Home Sales Update)
- 03/18/10 06:29 AM
The number of home sales in the Mill Valley, California real estate market held exactly even in February – 16 trades (February usually has lower sales totals because it is a short month with two legal holidays and bcause January tends to have weather which limits buyer activity). Based on last month’s total sales, we currently have an overall inventory of homes sufficient to last 5.1 months (absorption rate). This number is higher than last month because of the large number of homes that came on the market very recently. As discussed below, however, our touchstone price band is performing very well.
Insofar as the sales and apsorption rate of Mill … (0 comments)
morgan lane: San Rafael CA Real Estate Market Report (March 2010 Home Sales Update)
- 03/18/10 03:53 AM
San Rafael, California real estate sales held steady in February 2010, with 24 trades. The entry level price band (under $600K) remains active, with 48% of homes now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has continued to improve — approximately 47% of these homes in escrow. The inventory for single family homes for sale sits at 115 homes (we had 79 active listings in December 2009). It is expected that this Spring will see a large number of homes hitting the market as sellers who have stayed out of the market for … (0 comments)
morgan lane: Tiburon & Belvedere CA Real Estate Market Report (February 2010 Home Sales Update)
- 02/18/10 03:03 PM
After a strong run of 6 months with $5 million and up sales, Tiburon and Belvedere had none in January 2010. There are currently 65 listings in the 94920 zip code, which covers Tiburon and Belvedere, CA. It was quite a slow month, with just 3 sales. While the sales totals remain similar to that of late 2007 (well before the financial crisis of September 2008), inventory is up 43%. The slow market reminds some of 2009's beginning. While January tends to be slow, we will have to wait and see how the increased inventory and lack of "real buyers" (e.g., those who actually buy … (1 comments)
morgan lane: Mill Valley CA. Real Estate Market Report (February 2010 Home Sales Update)
- 02/14/10 03:26 PM
The number of home sales in the Mill Valley, California real estate market slipped to 16 listings sold, compared with 27 in December 2009. Based on last month's total, we currently have an overall inventory of homes sufficient to last 3.7 months (note that several homes came on the market very recently). This is a big reduction from the absorption rate from May 2009, which stood at well over 8 months. Indeed, the number of homes for sale in Mill Valley remains very low at 63. Meanwhile, asking prices have held steady over the past quarter and stand now at about $605 per square foot.
The above graph tracks … (0 comments)
morgan lane: San Rafael CA Real Estate Market Report (February 2010 Home Sales Update)
- 02/14/10 03:18 PM
San Rafael, California real estate sales slowed in January 2010, with 25 trades, down about 20% from December. The entry level price band (under $600K) remains active, with 59% of homes now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has risen to about 36% of homes in escrow. The inventory for single family homes for sale has risen significantly to 111 homes (we had 79 active listings last month). It is expected that this Spring will see a large number of homes hitting the market as sellers who have stayed out of the market for the past … (1 comments)
morgan lane: Novato Real Estate Market Update (February 2010 Home Sales Report)
- 02/14/10 03:16 PM
The frenetic Novato, California real estate market slowed (at least in terms of closed sales) in January 2010. We had 25 sales, compared with 42 sales in December. The average sales price of Novato homes in January 2010 was $525,440. These homes averaged 97 days on market, were about 1,763 sq. ft., and averaged roughly $309 sq. ft. Novato's absorption rate (e.g., number of months' inventory of homes for sale based on last month's sales totals) has dipped to historically low levels - a scant 3.76 months worth of available inventory overall (94 single family homes are currently for sale in Novato). Below are the percentages of homes in escrow … (0 comments)
morgan lane: Novato, California Real Estate Report (January 2010)
- 02/14/10 04:43 AM
The frenetic Novato, California real estate market slowed (at least in terms of closed sales) in January 2010. We had 25 sales, compared with 42 sales in December. The average sales price of Novato homes in January 2010 was $525,440. These homes averaged 97 days on market, were about 1,763 sq. ft., and averaged roughly $309 sq. ft. Novato's absorption rate (e.g., number of months' inventory of homes for sale based on last month's sales totals) has dipped to historically low levels - a scant 3.76 months worth of available inventory overall (94 single family homes are currently for sale in Novato). Below are the percentages of homes in escrow … (0 comments)
morgan lane: Marin County, California, Luxury Homes Report (January 2010–Sales and Inventory Analysis)
- 01/21/10 02:27 AM
Home sales in Marin County, California's luxury price bands continue to recover from the proverbial wasteland of late 2008 and early 2009 when it seemed as though the luxury home market would never recover. Yet, as reported in previous months, real buyers continue to snap up homes in prestige locations such as Belvedere, Ross, Kent Woodlands, etc. Indeed, "value" properties are gobbled up quickly. Despite this apparent thirst for luxury digs, inventory levels remain 40% higher than two years ago. This trend is not unique to Marin, but prevails nationwide. For a detailed snapshot of current national trends from the Institute for Luxury Home Marketing, click HERE. The below … (0 comments)
morgan lane: Marin County, CA. Real Estate Update — January 2010
- 01/21/10 02:24 AM
We are approached daily by our clients with requests to predict what will happen in our local real estate markets in the near future. To shape our perspective, Morgan Lane researched Marin County single family home (SFH) sales and indexed them (on a units-sold basis) to multiple benchmarks including: interest rates (10 Year T-bill), unemployment (SF Bay Area) and an affordability index (income vs. cost of ownership). We continue to struggle to find direct correlation between Marin County real estate and these available indices. We have found a relationship worth noting between the total number of Marin County SFH (supply), … (0 comments)
morgan lane: Tiburon & Belvedere CA Real Estate Market Report (January 2010 Home Sales Update)
- 01/20/10 03:35 AM
Tiburon and Belvedere have posted $5 million and up sales every month for the past six months. While overall sales and activity remain choppy, anecdotally, we are seeing that interest in these tony nieghborhods rise, along with interest in high-end luxury homes. There are currently 71 listings in the 94920 zip code (compared with 72 last month), which covers Tiburon and Belvedere, CA. In the lower price bands, activity is strong, with 9 sales in the sub-$3 million price range. In sum, there were 13 sales in December 2009 - more than double the sales total in November 2009. Below is a graph comparing median prices over the past year. While the sales totals remain … (2 comments)
morgan lane: Mill Valley CA. Real Estate Market Report (January 2010 Home Sales Update)
- 01/19/10 10:07 AM
The number of home sales in the Mill Valley, California real estate market rose again in December 2009 - 27 listings sold, compared with 24 in November. Based on last month's total, we currently have an overall inventory of homes sufficient to last 1.96 months! This is a HUGE reduction from the absorption rate from May 2009, which stood at well over 8 months. Indeed, the number of homes for sale in Mill Valley is an extraordinarily low 53. Meanwhile, asking prices have held steady over the past quarter and stand now at about $610 per square foot. It remains to be seen whether this rise will translate into higher … (0 comments)
morgan lane: San Rafael CA Real Estate Market Report (January 2010 Home Sales Update)
- 01/19/10 10:05 AM
San Rafael, California real estate sales slowed in December 2009, with 32 trades, down 33% from November. The entry level price band (under $600K) remains active, with 38% of homes now in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) has dipped to just 29% of homes in escrow. The inventory for single family homes for sale remains steady at 78 homes. It is expected that this Spring will see a large number of homes hitting the market as sellers who have stayed out of the market for the past 2 years will feel more confident in … (0 comments)
morgan lane: Novato Real Estate Market Update (January 2010 Home Sales Report)
- 01/19/10 10:04 AM
The Novato, California real estate market continues on its journey into recovery. We had 42 sales in December 2010. The average sales price of Novato homes in December 2010 was $634,152. These homes averaged 113 days on market, were about 2,227 sq. ft., and averaged roughly $293 sq. ft. Novato's absorption rate (e.g., number of months' inventory of homes for sale based on last month's sales totals) has dipped to historically low levels - a scant 2.38 months worth of available inventory overall (100 single family homes are currently for sale in Novato). Below are the percentages of homes in escrow in each of … (0 comments)
morgan lane: The Landing at Hamilton | Luxurious New Home Development in Hamilton Field, Novato
- 01/17/10 02:33 AM
The Landing at Hamilton | Luxurious New Home Community Located in Hamilton Field, Novato, CA Models Opening in May 2010 Introducing The Landing at Hamilton -- Hamilton Field, Novato's final residential development -- a secluded enclave of luxurious homes reflecting timeless style and contemporary conveniences. These thoughtfully designed homes focus on sophistication, beauty, and community. Residents will enjoy spacious and refined interior spaces, along with the peace of mind associated with living in such a charming neighborhood adjacent to a rich wildlife sanctuary. An unrivaled passion for excellence and detail is exhibited in each home. The Landing at Hamilton benefits from … (0 comments)
morgan lane: Marin County Sellers -- Timing Your Home's Entry Into The Market
- 01/11/10 04:07 AM
This time of year we are often asked "should I put my home on the market now, or wait until the spring selling season?" A few observations: 1. We have not experienced a "normal" season or predictable cyclical trend in Marin County since the August '07 sub-prime meltdown. In fact in most cases since August 2007, selling sooner was better than selling later. You will recall in Q4 '08 and Q1 '09 our slogan was, "we'd rather set the comps than have them used against us!"2. On November 1, 2009 in Marin we had 947 SFH and condos on the market as active. … (0 comments)
morgan lane: South Gate at Hamilton Field, Novato (Real Estate Market / Homes For Sale Update -- January 2010)
- 01/06/10 10:04 AM
As we enter 2010, the South Gate at Hamilton Field, Novato real estate market is poised for success as new homes / listings enter the market. There are currently 3 homes for sale in Newport and Sunny Cove neighborhoods. In addition, the home below, located in Hamilton Field's desirable South Gate neighborhood is available.
The above home, by way of example, has 5 beds, 3 baths, and is approximately 2,970 square feet, and is located at the back corner of South Gate along the levee. It is priced at $842,000, well below a recent comparable sale. South Gate Home Sales & … (0 comments)
morgan lane: Marin County, California, Luxury Homes Report (December 2009–Sales and Inventory Analysis)
- 12/23/09 08:01 AM
The luxury home market in Marin County, California, which is vastly improved over a year ago, seems to have hit a comfortable level of activity. As reported in previous months, real buyers continue to homes in prestige locations with emphasis on views and lifestyle amenities (such as large usable yards, proximity to athletic clubs/shopping, reputable schools, and sensible scales). And they are seeking "value." For the last 2 quarters, the Marin County luxury market has strongly favored homes priced under $3 million. For a detailed snapshot of current national trends from the Institute for Luxury Home Marketing, click HERE. And if you would like a … (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.
Magical Tam Valley home on large, private lot. An easy two-minute walk to Eastwood Park (tot lot, grass field, tennis courts, basketball, etc.). Three bedrooms and 2 baths upstairs, along with several outdoor entertaining spaces and wrap around decks. The many large windows and skylights provide lots of natural light and a feeling of connectedness with the outdoors. Large in-law unit below main home. Excellent commute location.
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