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Novato, CA Real Estate Market Conditions Update ~ June 2008

By
Real Estate Agent with Fathom Realty Group License# 01336994

As of July 12, 2008 25% of available listings in Novato are in escrow.

For the month of June 2008 48 (approximately 22% of all home sales for the County of Marin this month) homes sold in the town of Novato (rated by CNN/Money as not only one of the best places to live, but also one of the best places to launch a new business) for an average final selling price of $630,833.

The average original asking price of these homes was $694,254.

The range of final selling prices for these homes was from a low of $174,900 to a high of $1,700,000.

It took these homes an average of 115 days to sell.

Of the 48 homes that sold 2 sold at their original asking price and 5 sold for more than their original asking price.

For more information about this area visit my website or contact me directly.

If you would like see the available homes for sale search our MLS.