pacific union: Novato Real Estate Market Update (September 2010 Novato Home Sales Report)
- 09/27/10 06:44 AM
Despite record low temperatures in Marin the Summer, the Novato, California real estate market has not cooled. We again had 33 trades last month and average sales prices and average price per square foot figures remained nearly unchanged from the past three months. The average sales price of Novato homes in July 2010 was $686,519. These homes averaged 105 days on market, were about 2,315 sq. ft., and averaged $312 per square foot. Homes in The Landing at Hamilton, Pointe Marin, Country Club, Rush Creek, and Bel Marin Keys generated the most calls and showings this past month. Novato’s price per square foot has hovered within 3% of … (0 comments)
pacific union: Pacific Union International San Rafael CA Real Estate Market Report (September 2010 Home Sales Update)
- 09/27/10 06:27 AM
San Rafael, California real estate sales in August 2010: 25 sales. The entry level price band (under $600K) remains relatively strong — 29 of these homes are currently in escrow (39%). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly with 17% of homes in escrow. The inventory for single family homes for sale increased a bit this month as it does every year after Labor Day. There are currently 217 homes active on the MLS. Price per square foot stands at $357. Of the 34 homes sold in June 2010, the average: days on … (0 comments)
pacific union: Tiburon / Belvedere (August 2010 Home Sales Update) — Pacific Union International
- 09/11/10 12:29 PM
In line with annual trends, Tiburon and Belvedere home sales slipped in July 2010 — we had just nine sales compared with 13 in July. Building on a trend noted in this report over the past few months, median sale prices continue to rise while asking prices continue to drop. Both of these very important market indicators point to an improving market and more realistic expectations by sellers — the median price of homes for sale is down 7% and the median price of homes sold is up 4%.
As asking prices dip and sales prices rise, we are also seeing … (0 comments)
pacific union: The Landing at Hamilton | New Homes Community | Southern Novato, California
- 08/31/10 03:07 PM
The Landing at Hamilton | New Homes Community | Southern Novato, California -- we are excited to announce that our model homes are open. Sales Office Hours: Friday 12:00 a.m. to 3:00 p.m. Saturday & Sunday 1:00 p.m. to 4:00 p.m. * Call (415) 350-9440 for Holiday hours or private appointment Below are numerous pictures and a virtual tour of the models. The view up Audubon Court, Novato. These are the three model homes.
Hamilton Field, Novato's final residential development, is a secluded enclave of luxurious homes reflecting timeless style and contemporary conveniences. These thoughtfully designed homes focus … (1 comments)
pacific union: Pacific Union Real Estate Mill Valley Report (July 2010 Home Sales Update)
- 08/31/10 02:48 PM
The number of homes sold in the Mill Valley, California real estate market rose once again and Mill Valley's touchstone price band ($1 million to $2 million) posted another solid month. For the most part, buyers now speak confidently about our market as it is truly a unique time in history to buy discounted homes with virtually free money. Nonetheless, recent national media coverage has focussed on the slowdown in the number of sales nationwide, giving some buyers pause. But, Mill Valley is not Detroit or Las Vegas. The first time home buyer tax credit never impacted Mill Valley in a significant … (1 comments)
pacific union: Pacific Union Marin Opens Model Homes and Sales Office at The Landing at Hamilton (Novato, CA)
- 08/19/10 11:48 AM
THE LANDING AT HAMILTON OPENS SALES OFFICE 27 Exclusive Homes Attract Very Strong Interest as Final Neighborhood of Novato's Prestigious Residential Development Nears Completion NOVATO, Calif. (August 19, 2010) – Pacific Union International (PUI) announced today the opening of the sales office for The Landing at Hamilton on August 22. With one home sold and very strong interest in the first phase of five homes, which are nearing completion, The Landing at Hamilton is Novato’s newest luxury single-family community and the final residential community to be built in Hamilton Field. The Landing is being developed by Barker Pacific Group and … (0 comments)
pacific union: South Gate at Hamilton Field, Novato (Real Estate Market / Homes For Sale Update -- July 30, 2010)
- 08/03/10 04:03 AM
South Gate at Hamilton Field in Novato, CA is a special place. Rarely do homes come on the market and for the most part, they tend to sell fairly quickly. Below is a chrat showing all sales and active listings in South Gate at Hamilton Field so far this year, broken down by street. South Gate Home Sales & Activity -- 2010 (July 30, 2010) Presidio Drive
For more information on the local Hamilton Field market, call Kyle Frazier, CRS | Pacific Union International Real Estate | (415) 350-9440 | Kyle@Novato101.com. Kyle is a broker, J.D., and Certified Residential Specialist. We are … (0 comments)
pacific union: Pacific Union International | Marin Luxury Homes Report (July 2010)
- 07/26/10 05:42 AM
As reported in June 2010, “real buyers” continue purchasing “done” homes in prestige locations such as Mill Valley, Belvedere, Ross, Kentfield, etc., along with “value” properties with locational upside, views of San Francisco, southern exposures, and knolltop properties. Marin County’s luxury home real estate market reflects increased sales velocity driven by buyer optimism. In the $2 million to $4 million price band, June 2010 sales eclipsed last year’s total, inventory is down from last year, and the number of homes with accepted offers (in escrow) is high. This combination of factors looks promising for continued improvement. And we are not alone … (0 comments)
Of course, keep in mind that last year (our basis for comparison) was the slowest in memory. Nonetheless, I think it is fair to say that the majority of real estate practitioners would agree that the field has tilted back to neutral position in most price bands. Moreover, the absorption rate of our listings is … (0 comments)
pacific union: Marin County, California (Home Sales Update July 2010)
- 07/25/10 09:40 AM
We have multiple economic drivers and underlying fundamentals that impact our local real estate markets. Housing prices, interest rates, job growth and inflation/deflation are significant variables in the Bay Area housing market. While we could not predict either the economic shift that began in August 2007 or the duration of the economic volatility caused by the shift, we do have a few very positive fundamentals present today. Interest rates for conforming mortgages ($729,750) and jumbo mortgages are currently at historic lows since Freddie Mac started recording in 1971 – see rates in the mortgage rate table on page two. Housing … (0 comments)
pacific union: Pacific Union Real Estate Mill Valley CA. Real Estate Report (July 2010 Home Sales Update)
- 07/24/10 04:01 AM
The number of homes sold in the Mill Valley, California real estate market rose and Mill Valley’s touchstone price band ($1 million to $2 million) posted another solid month. In contrast to the previous three years, buyers now speak confidently about our market, recognizing that prices have tumbled significantly, interest rates are extraordinary, jobs numbers have improved, and media coverage concerning real estate has turned positive. Moreover, we are seeing an improved marketplace in San Francisco which is the bellweather for Mill Valley and Marin. The number of homes for sale in Mill Valley is down incrementally to 143. After the brief slow … (1 comments)
pacific union: Pacific Union San Rafael CA Real Estate Market Report (July 2010 Home Sales Update)
- 07/24/10 03:18 AM
San Rafael, California real estate sales remained strong in June 2010. We had 45 trades (compared to 41 in May). The entry level price band (under $600K) remains hot — 37 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains tepid with 25% of homes in escrow. The inventory for single family homes for sale increased slightly this month to 198 homes. Increased supply is typical this time of year as many of the overpriced homes from early in the year remain on the market and new listings are added. Of … (1 comments)
pacific union: Pacific Union Novato Real Estate Market Update (July 2010 Home Sales Report)
- 07/23/10 04:43 PM
The Novato, California real estate market continues its torrid year with 49 sales in June — up from 38 sales in May 2010. The average sales price of Novato homes in June 2010 was $644,778. These homes averaged 98 days on market, were about 2,162 sq. ft., and averaged roughly $306 sq. ft. Novato’s price per square foot has hovered between 3-5% of $300 for a year now — in my mind, we are seeing the gradual recomposition of the market in the era of the “New Normal.” Prices are holding steady, particularly in the entry level and move-up price … (0 comments)
pacific union: Marin County, California (Home Sales Update -- Pending Sales June 30, 2010)
- 07/15/10 06:11 AM
Marin Market Update by City Single Family Homes (not including condos) June 30, 2010 Number In Percent in City Total Contract Contract* Belvedere 38 2 5% Corte Madera 28 7 25% Fairfax 36 7 19% Greenbrae 19 6 32% Kentfield 39 6 15% Larkspur 26 9 35% Mill Valley 148 25 17% Novato 215 65 30% Ross 26 3 12% San Anselmo 67 12 18% San Rafael 211 38 18% Sausalito 47 7 15% Tiburon 77 8 10% Total 977 195 20% … (0 comments)
pacific union: Pacific Union International | Marin Luxury Homes Report (June 2010)
- 06/25/10 04:54 AM
Pacific Union International is the leading broker for Marin County luxury homes. As reported in previous months, “real buyers” continue to snap up homes in prestige locations such as Mill Valley, Belvedere, Ross, Kentfield, etc., along with “value” properties with locational upside, views of San Francisco, southern exposures, knolltop properties. Without question, Marin’s luxury home market is showing signs of increased velocity and buyer optimism. In the $2 million to $4 million price band, May 2010 sales eclipsed last year’s total, inventory is down from last year, and the number of homes with accepted offers (in escrow) is high. This combination of factors looks promising for … (0 comments)
pacific union: Pacific Union International | Marin Real Estate Report (June 2010)
- 06/25/10 04:50 AM
Year over year prices seem to have leveled in many price segments and locations within Marin — some areas have even seen prices increase (albeit nominally). Countywide supply and demand figures suggest an improving real estate environment. Supply is up 12% from last year and sales of entry level (3 bedroom, 2 bath homes with at least 1,500 square feet and priced under $1 million) are up a modest 10% from May 2009. Recent news reports in the local media have noted increased median prices, but that reflects the fact that luxury homes are selling once again after a lackluster 2009.
… (0 comments)
pacific union: Pacific Union International Tiburon & Belvedere CA Real Estate Market Report (June 2010 Home Sales Update)
- 06/18/10 05:01 PM
Sales increased again in May 2010, building on April's impressive sales numbers. In the 94920 zip code, which covers Tiburon and Belvedere, CA. - we had 16 trades. Importantly, as evidenced by the chart below, several indicators point to an improving market - the number of homes for sale is down 12% and the number of homes sold is up 129%. Of course, keep in mind that last year (our basis for comparison) was the slowest in memory. Nonetheless, I think it is fair to say that the majority of real estate practitioners would agree that the field has tilted back to neutral … (1 comments)
pacific union: Pacific Union Real Estate Mill Valley CA. Real Estate Report (June 2010 Home Sales Update)
- 06/18/10 04:59 PM
Similar to May 2010, the number of homes sold in the Mill Valley, California real estate market rose and Mill Valley's touchstone price band ($1 million to $2 million) posted another solid month. Buyers are again speaking confidently about the market as prices have tumbled, interest rates are extraordinary, jobs numbers have improved, and media coverage concerning real estate has turned positive. I have a strong sense that many feel a tailwind. The number of homes for sale in Mill Valley is up marginally to 147. Summer is upon us, school is out, and the primary selling season has wrapped up. Mill Valley's entry … (0 comments)
pacific union: Pacific Union San Rafael CA Real Estate Market Report (June 2010 Home Sales)
- 06/16/10 08:21 AM
San Rafael, California real estate sales remained strong in May 2010. We had 41 trades (compared to 44 in April). The entry level price band (under $600K) remains very hot — over half of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains tepid with 27% of homes in escrow. The inventory for single family homes for sale increased this month to 189 homes. Increased supply is typical this time of year as many of the overpriced homes from early in the year remain on the market and new listings are added. … (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.
Despite record low temperatures in Marin the Summer, the Novato, California real estate market has not cooled. We again had 33 trades last month and average sales prices and average price per square foot figures remained nearly unchanged from the past three months. The average sales price of Novato homes in July 2010 was $686,519. These homes averaged 105 days on market, were about 2,315 sq. ft., and averaged $312 per square foot. Homes in The Landing at Hamilton, Pointe Marin, Country Club, Rush Creek, and Bel Marin Keys generated the most calls and showings this past month.
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