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Novato, CA Real Estate Market Conditions Update ~ July 2008

By
Real Estate Agent with Fathom Realty Group License# 01336994

As of August 5, 2008 26% of available listings in Novato are in escrow.

For the month of July 2008 51 homes sold in Novato for an average final selling price of $629,010.

The average original asking price of these homes was $710,033.

The range of final selling prices for these homes was from a low of $180,000 to a high of $1,800,000.

It took these homes an average of 128 days to sell.

Of the 51 homes that sold 3 sold at their original asking price and 2 sold over their original asking price.  All the others sold for less.

A staggering 23 of the 51 homes that sold were distress sales.

To see everything in the area that is for sale search our MLS.

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