price range: Marin County Luxury Home Prices Edge Higher
- 02/23/07 11:47 AM
Prices for high-end luxury homes continue to rise. A recent survey by First Republic Bank shows that prices in the Bay Area edged up by 1.5% in the last 3 quarters of 2006, as compared with the same period in 2005. The average price of homes in First Republic's survey was $2.92 million. The upward movement of price in that market segment can be attributed to low inventory in the $2 million to $4 million dollar market. The survey also noted, however, that prices slipped by 1.5% from the third quarter of 2006. In Marin, 28 homes have sold this year … (0 comments)
price range: Someone, Please, Explain the Benefits of Range Pricing
- 01/18/07 04:37 AM
Lots of folks are talking about it around the country. It is a method of pricing homes in a range. For example, putting a house on the market for $1,000,000 to $1,100,000. I understand that it is common practice in some places (San Diego, California being one). But, the MLS where I am, Marin County, California, doesn't accommodate it. And even if it did, I am not sure I would do it. That's where you come in-I know there's lots of knowledge out there. So, someone, please, explain the benefits of range pricing? And beyond that, how do you convince a … (3 comments)
As is evident, except for San Rafael and Novato, there is very low inventory county-wide (especially in Kentfield and Larkspur). Interestingly, Novato also has the highest absorption rate (e.g., the supply of homes in Novato is low relative the number of sales). … (2 comments)
Christie's Great Estates | Pacific Union International
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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.
Prices for high-end luxury homes continue to rise. A recent survey by First Republic Bank shows that prices in the Bay Area edged up by 1.5% in the last 3 quarters of 2006, as compared with the same period in 2005. The average price of homes in First Republic's survey was $2.92 million. The upward movement of price in that market segment can be attributed to low inventory in the $2 million to $4 million dollar market. The survey also noted, however, that prices slipped by 1.5% from the third quarter of 2006. 
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