properties: Pacific Union San Rafael, CA Real Estate Update (March 2011 Home Sales Report) - 03/18/11 07:38 AM
San Rafael, CA's February 2011 home sales slowed to 22 after a momentous January in which we had 32 homes sell. The entry level price band (under $600K) remains strong - 35 of these homes are currently in escrow (WOW!). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 24 of homes in escrow. Interestingly, the entry level market is virtually the only segment of San Rafael inventory experiencing any meaningful traction - for example, of the 22 homes which sold last month, 16 were priced under $800,000, although … (0 comments)

properties: Pacific Union San Rafael, CA Real Estate Update (March 2011 Home Sales Report) - 03/14/11 09:26 AM
San Rafael, CA’s February 2011 home sales slowed to 22 after a momentous January in which we had 32 homes sell. The entry level price band (under $600K) remains strong — 35 of these homes are currently in escrow (WOW!). Meanwhile, the $600K to $800K price band (a mix of entry level and move-up homes) remains buyer-friendly and accounts for another 24 of homes in escrow. Interestingly, the entry level market is virtually the only segment of San Rafael inventory experiencing any meaningful traction — for example, of the 22 homes which sold last month, 16 were priced under $800,000, although … (0 comments)

properties: South Gate at Hamilton Field, Novato, CA (Marin County) - 11/20/10 10:26 AM
 
South Gate Home Sales & Activity -- 2010 (November 20, 2010) Presidio Drive Kyle Frazier, CRS | Pacific Union International Real Estate | (415) 350-9440 | Kyle@Novato101.com 
 
(0 comments)

properties: 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)

properties: 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)

properties: Pacific Union International | Marin Luxury Homes Report (April 2010) - 05/24/10 04:18 PM
Pacific Union International is the leading broker for Marin County luxury homes.
As with many of Marin County’s micro-markets, Marin’s luxury home market is showing signs of increased velocity and buyer optimism. 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. In the $2 million to $4 million price band, sales have eclipsed last year’s low numbers, inventory is down significantly and the number of homes with accepted offers (in escrow) is very high. This … (0 comments)

properties: Pacific Union Marin Luxury Homes Report (April 2010) - 04/25/10 03:57 PM
As with many of Marin County's micro-markets, Marin's luxury home market is showing signs of increased velocity and buyer optimism. As reported in previous months, "real buyers" continue to snap up homes in prestige locations such as Belvedere, Ross, Kent Woodlands, etc., along with "value" properties with locational upside, views of San Francisco, southern exposures, knolltop properties. In the $2 million to $4 million price band, sales have eclipsed last year's low numbers, inventory is down significantly and the number of homes with accepted offers (in escrow) is very high. This combination of factors looks promising for continued improvement. And we are not alone - … (0 comments)

properties: 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)

properties: 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)

properties: Marin County, California, Luxury Homes Report (November 2009–Sales and Inventory Analysis) - 11/19/09 02:59 AM
[Click HERE for the full article, courtesy of www.ImagineMarin.com]
Building on a trend noted in last month’s report, media coverage of the overall economy has improved. In particular, reporting on the housing market. Forecasters are predicting that 2010 will be the first year since 2005 for housing to contribute to the growth of the U.S. economy (based on a survey by the National Association for Business Economics). According to that organization, home prices are expected to rise 2 percent next year — over 80% of economists surveyed think the recession is over and recovery has begun. The Mortgage Bankers Association Chief Economist Jay … (0 comments)

properties: Marin County, California, Luxury Homes Report (August 2009–Sales and Inventory Analysis) - 08/21/09 06:48 AM
Marin County, CA’s luxury real estate market segment continues to take shape in the aftermath of the equities meltdown of Fall 2008. In our New Economy, buyers are placing emphasis on prestige locations, sweeping views, grand appointments, compelling “estate history,” and impressive scale. The luxury market in Marin remains weighted towards homes priced under $4 million, although we did have 3 sales of homes priced over $4 million in July 2009. The number of sales in July 2009 is off by 74% from July 2008. The news is not all negative, however, as we had several significant properties trade last month … (1 comments)

properties: Belvedere & Tiburon CA Real Estate Market Report (July 2009 Home Sales Update) - 07/28/09 03:49 AM
Consistent with last month, the Tiburon and Belvedere real estate markets remain in a state of semi-slumber pending further clarity regarding the equities and housing markets. There are currently 110 active listings in the 94920 zip code, which covers Belvedere and Tiburon. Twenty-three of these properties are priced over $5 million with just one such home going into escrow in the past 3 months). Meanwhile, there is some limited activity in the lower price bands, including 2 sales in the $2 million to $3 million range. In June 2009, we had 10 sales compared with 7 sales in May 2009 (same … (0 comments)

properties: Pointe Marin, Novato, California (Homes & Real Estate) - 07/24/09 04:04 AM
Pointe Marin, Novato, California (Homes & Real Estate)

Pointe Marin is a newer housing development in desirable Southern Novato, Marin County (which is about 20 miles north of the Golden Gate Bridge and the varied offerings of San Francisco, California). It is favored by families and retireess alike and is undoubtedly one of Novato’s most sought-after neighborhoods.
This Novato neighborhood is quiet and relaxed, with wide streets and lots of cul-de-sacs. Many of Pointe Marin’s homes back up to open space and all are within close proximity to shopping, transportation, HWY 10, hiking trails, water, sports field, parks, and … (0 comments)

properties: San Rafael CA Real Estate Market Report (July 2009 Home Sales Update) - 07/18/09 09:14 AM
As Summer sets in, San Rafael CA’s real estate market has slowed a bit. It is increasingly fueled by foreclosures and short sales. The low end (under $600K) remains hot (67% of homes in escrow, compared with 64% in June 2009) and the $600K to $800K price band has seen steady activity with 35% of homes in escrow.
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 all resulting in a strengthening market. Additionally, the $8K tax credit for … (0 comments)

properties: Marin Luxury Properties Report / Marin County, California, Luxury Homes Report (June 2009–Sales and Inventory Analysis) - 07/01/09 03:20 AM
As noted in prior reports this year, Marin County, CA's luxury segment is slow and currently weighted towards homes priced under $4 million. In fact, not a single home priced over $4 million sold in May 2009 and just 2 are currently in escrow (although that could change in a moment as the domino effect is very real in home sales). Of course, the luxury home slump exists throughout the country as affluent buyers wait for a signal to buy. For a detailed snapshot of current national trends from the Institute for Luxury Home Marketing dated June 14, 2009, click here. … (0 comments)

properties: Tiburon & Belvedere Real Estate Market Report (May 2009 Home Sales Update) - 07/01/09 03:17 AM
As inventory collects in Southern Marin's toniest locales (Belvedere and Tiburon), we are starting to see and hear about more offers being submitted. Certainly, sellers frustrated by the lack of activity have in some cases taken what they could get. Most recognize that our new economy, post-Equity Market Meltdown, has shifted the pricing and value expectations of buyers. While I perceive a high level of pent up buyer demand, buyers seem to be willing to wait things out. Much of this behavior is based on expectations of further price declines weighed against likely increased interest rates in the near to mid-term … (0 comments)

properties: San Rafael CA Real Estate Market Report (June 2009 Home Sales Update) - 06/21/09 05:06 AM
Moving into the Summer, San Rafael CA's real estate market is increasingly fueled by foreclosures and short sales. The low end (under $600K) has been hot (64% of homes in escrow). Meanwhile, the $600K to $800K price band has seen a surge in activity with 38% of these homes in escrow, up from 29% in May 2009. Increased affordability, low interest rates (although not as low as they were), an increased presence of FHA loans, and a shifting mindset are all resulting in a strengthening market. Additionally, the $8K tax credit for first time home buyers is likely helping pull some … (0 comments)

properties: Novato CA Real Estate Market Update (June 2009 Home Sales Report) - 06/21/09 05:04 AM
This month, Novato's absorption rate fell to an unbelievable 3.04 months. That is low. Absorption rates, along with days on market averages, provide a telling insight into the overall state of the market. As I have noted before, value properties can be found in virtually ALL price ranges in Novato. Pricing in most neighborhoods is back to what it was in 2002-2003. Note that available inventory in the entry level price ranges is way down and the percentages of homes in escrow is rising fast. For example, 72% of homes in Novato priced under $500K are in escrow (up from 63% in May 2009); … (0 comments)

properties: Marin County, CA. Real Estate Update — April 2009 (Homes For Sale & Price Ranges) - 04/19/09 03:53 PM

March 2009 new escrows up 17% from March 2008 (and 58% from February 2009) – In Marin County our most reliable indicator of changing market conditions is new escrow activity. New escrow activity bottomed out in December 2008 and began a modest ascent through January and February 2009. I believe the sharp increase in new escrows in March 2009 is a combination of demand returning to our market and the cyclical nature of the business. It stands to reason that thought is that April and May closings will rise accordingly.
Another interesting trend is the surge of activity in central and southern … (0 comments)

properties: Tiburon & Belvedere Real Estate Market Report (April 2009 Home Sales Update) - 04/19/09 03:49 PM

There is nothing like Springtime on the Tiburon Peninsula, Corinthian Island, and Belvedere Island. Not only is the setting the most stunning in the World, but the wave of homes that hit the market this time of year is always awesome in its suddenness and impressiveness. Following a lackluster January & February 2009, March delivered 6 sales, including five sales in the $3 million to $10 million price range. Certainly, some extremely alluring inventory has found its way to market over the past few weeks, as we now have 19 homes on the market over $5 million, with more to … (0 comments)

 
Kyle Frazier, Kyle Frazier , CRS & Marin CA Realtor (Christie's Great Estates | Pacific Union International) Rainmaker large

Kyle Frazier

Kyle Frazier , CRS & Marin CA Realtor

Mill Valley, CA

More about me…

Christie's Great Estates | Pacific Union International

Office: (415) 448-1118

Mobile: (415) 350-9440

Email Me

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.


Listings

Links

Archives

RSS 2.0 Feed for this blog