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Kentfield, CA Real Estate Market Conditions Update ~ March 2007

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Real Estate Agent with Fathom Realty Group License# 01336994

As of April 3, 2007 41% of available listings in Kentfield, CA are in escrow.  That might indicate a Seller's Market, but my personal opinion is that there is just not much inventory in Kentfield right now.  And for good reason.

For the month of March 2007, 5 homes sold in Kentfield.  The average original list price for these homes was $4,573,000 and the average final selling price was $4,047,600.  It took these homes an average of 266 days to sell.  This information is skewed some by one property that was originally listed at $5,900,000 and sold for $3,500,000 after an agonizing 1181 days on the market.

Of the 5 homes that did sell, only 1 sold for the original asking price.  All others sold for less.

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