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Marin County and Southern Sonoma County Real Estate Market Conditions for December 2007

By
Real Estate Agent with Fathom Realty Group License# 01336994

The table below shows the sales activity for Marin County and Southern Sonoma County for the month of December 2007, sorted alphabetically by the name of the City. 

As you will see, the number of homes selling is decreasing as is the number homes being sold at, or over, the original asking price.

 

 

 

 

 

 

 

 

City

 

# of homes sold

 

Average Days on Market

 

Average ORIGINAL Asking Price

 

Average FINAL Selling Price

 

 

# Sold AT Original Asking Price

 

# Sold OVER Original Asking Price

 

% of Available Listings in Escrow

 

Corte Madera

4

90

$1,005,000

$931,250

-

-

43%

Fairfax

5

79

$725,180

$676,300

-

1

29%

Greenbrae

6

71

$1,182,158

$1,123,667

-

1

25%

Kentfield

1

0

$2,800,000

$2,800,000

1

-

19%

Larkspur

3

114

$1,261,333

$1,206,667

-

1

17%

Mill Valley

14

68

$1,391,493

$1,303,418

2

3

22%

Novato

32

98

$729,345

$670,075

3

2

11%

Ross

-

-

-

-

-

-

27%

San Anselmo

12

59

$1,236,667

$1,182,125

1

4

37%

San Rafael

21

74

$973,787

$913,452

-

4

17%

Sausalito

9

118

$1,933,822

$1,574,444

-

-

17%

Tiburon

10

185

$2,744,800

$2,328,690

1

-

17%

 

 

 

 

 

 

 

 

Marin County

138

92

NA

$1,217,776

NA

NA

17%

 

 

 

 

 

 

 

 

Petaluma

34

96

$545,046

$489,879

8

5

17%

Sonoma

13

98

$902,926

$805,787

2

1

11%

 

 

 

 

 

 

 

 

Please note that all Original Asking Prices are without any price reductions.

 

This information is current as of January 5, 2008 and the sources are BAREIS and CleanOffer.  I update this monthly.  When the County of Marin updates their website, which includes closed sales not on MLS, then I update my website as well.  While it has not been updated as of the writing of this post, you can check back by clicking here.