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

By
Real Estate Agent with Fathom Realty Group License# 01336994

The table below shows the activity for the month of April 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 Market. 

That statistic does not tell the whole story, as you will see.  Marin County is seeing multiple offers on a daily basis, with homes selling before they even hit the market.  Sonoma County, starting with the town of Sonoma and Petaluma are starting to feel the market heating up.

 

 

 

 

 

 

 

 

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

Corte Madera

7

35

$1,064,429

$1,127,357

0

4

47%

Mill Valley

48

37

$1,454,831

$1,441,604

8

18

36%

San Anselmo

17

51

$1,135,971

$1,112,071

1

5

33%

Larkspur

7

16

$1,263,143

$1,276,429

3

3

32%

Fairfax

6

105

$914,833

$869,350

1

1

32%

Greenbrae

5

86

$1,013,580

$1,020,800

1

2

31%

San Rafael

59

64

$965,313

$942,136

11

11

24%

Tiburon

16

54

$1,944,500

$1,825,750

0

2

22%

Novato

47

72

$814,672

$788,554

6

8

21%

Kentfield

10

29

$3,004,825

$3,107,200

1

1

18%

Sausalito

12

89

$1,120,833

$1,142,000

1

6

18%

Ross

3

59

$2,446,333

$2,380,000

0

0

18%

 

 

 

 

 

 

 

 

Marin County

249

59

NA

$1,260,069

NA

NA

24%

 

 

 

 

 

 

 

 

Petaluma

43

84

$637,182

$613,270

5

2

21%

Sonoma

31

125

$816,952

$758,161

2

3

18%

 

 

 

 

 

 

 

 

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

 

This information is current as of May 4, 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 check back for updates by clicking here

 

Comments (0)

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?