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

By
Real Estate Agent with Fathom Realty Group License# 01336994

The table below shows the activity for the month of March 2007, sorted by the City with the highest percentage of available listings in escrow.  Anything above 35% is considered a Seller's Market.  Anything below 30% is considered a Buyer's Market.  Between 30% and 35% is considered a Neutral Balanced Market.

However, as you will see below, that particular statistic does NOT tell the whole story.

 

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

Larkspur

6

54

$1,473,000

$1,431,333

1

2

44%

Kentfield

5

266

$4,573,000

$4,047,600

1

0

41%

Mill Valley

29

47

$1,380,379

$1,354,776

5

4

38%

San Anselmo

10

52

$982,800

$956,250

0

5

36%

Greenbrae

13

37

$1,133,073

$1,141,769

2

4

31%

Corte Madera

10

50

$1,066,600

$1,115,275

0

5

31%

Fairfax

8

98

$842,375

$842,650

2

3

31%

Tiburon

15

79

$1,930,133

$1,852,608

1

4

29%

San Rafael

59

63

$944,017

$912,341

11

11

28%

Sausalito

16

100

$947,458

$904,927

2

6

23%

Novato

42

83

$842,770

$811,117

5

4

20%

Ross

2

165

$2,272,000

$2,027,500

0

0

11%

 

 

 

 

 

 

 

 

Marin County

226

75

not available

$1,135,035

NA

NA

27%

 

 

 

 

 

 

 

 

Petaluma

58

123

$729,585

$677,119

5

9

23%

Sonoma

26

151

$919,611

$836,827

4

2

20%

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

This information is current as of April 6, 2007 and the source is BAREIS.  I update this monthly.  When the County of Marin updates their website, which includes closed sales not on MLS, then I update my website with that information as well.  You can view updated information by clicking here, and you can view historical charts by clicking here.

If you have any questions at all, do not hesitate to contact me directly.

 

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