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Marin County, CA Real Estate Market Conditions Update ~ February 2012

By
Real Estate Agent with Fathom Realty Group License# 01336994

As of March 13, 2012 a whopping 43% of available listings in Marin County are in escrow.

HELLO SELLERS! We want YOU in Marin County!

For the month of February 2012 170 homes (69 of which were distress sales) sold in Marin County for an average final selling price of $781,251.

The average original asking price of these homes was $875,183.

The range of final selling prices was from a low of $77,500 to a high of $5,500,000.

Of the 170 homes that sold 9 sold at their original asking prices and 23 sold over their original asking prices.

But just wait for March's update... inventory is so low--there is so little to choose from--that well-priced decent homes coming on the market are garnering multiple offers and often going over the asking price. So stay tuned! OR if you have been thinking about selling, call me and let's do it!

It took these homes an average of 169 days to sell.

To see all homes that are currently available for sale through our MLS sign in here under my name.

To learn more about specific properties or this area in general feel free to contact me.

Cyclists On The Trails at Phoenix Lake by Kelley Eling, Marin County Realtor
Cyclists On The Trails at Phoenix Lake by Kelley Eling, Marin County Realtor
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

This is an unusual market.  We too are very low on listings

Mar 12, 2012 08:55 AM
Kelley Eling
Fathom Realty Group - Sonoma, CA
Realtor Extraordinaire

It's crazy.  It's like a foot race as soon as something new hits.

Mar 12, 2012 08:56 AM
Peggy Hughes/pha logistix, inc.
pha logistix inc - San Francisco, CA
SF NYC LA

Kelley... it's about time that the Marin market started moving!  Good luck.

Mar 12, 2012 09:49 AM
Kelley Eling
Fathom Realty Group - Sonoma, CA
Realtor Extraordinaire

We need more sellers.  There is definitely a pent up demand.  As long as sellers are realistic, it will sell quickly.

 

Mar 12, 2012 10:53 AM