As of February 7, 2009 24% of available listings in San Rafae are in escrow.
For the month of January 2009 35 homes sold in San Rafael, for an average final selling price of $445,295.
The average original asking price of these homes was $492,320.
The range of final selling prices was from a low of $103,950 to a high of $1,100,000.
Of the 35 homes that sold, 2 sold for their original asking price, 8 sold over their original asking price and all others sold for less.
A whopping 21 of the 35 homes that sold were distress sales. (This is an eye-opening trend.)
It took these 35 homes an average of 111 days to sell.
To see all homes that are currently available for sale, click here.
For more information about this area visit my website or contact me directly.
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