As of October 6, 2008 an encouraging 31% of available homes for sale in Novato are in escrow.
For the month of September 2008 69 homes sold in Novato for an average final selling price of $570,430.
The average original asking price of these homes was $638,773.
The range of final selling prices was from a low of $180,000 to a high of $1,350,000.
It took these homes an average of 127 days to sell.
Of the 69 homes that sold 5 sold at their original asking price and 9 sold over their original asking price. All others sold for less.
Of those same 69 homes a frightening 36 of them were distress sales.
For more information about this area visit my website or contact me directly.
To see all the homes that are currently available for sale search our MLS.
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