As expected, inventory levels in Marin County’s $2 million to $4 million luxury home market surged again this past month–with 89 active listings compared to 68 homes last month. This boost in inventory was accompanied by a moderate month of sales, with 10 homes sold. Tiburon led the pack with 4 sales, followed by Larkspur, [...]

Real estate inventory levels in Marin County, California, as expected are on the rise in the new year. There are 641 active listings (up from 519 in February 2008). We are entering the Spring selling season and buyers are ready. The percentage of homes in escrow is up substantially in many markets. Buyers have been exploring open houses in droves (virtually all open houses held for my listings over [...]

As we progress through Q1 2008, Mill Valley’s inventory of single family homes for sale has blossomed to 76 homes currently on the market (there were 46 in February 2008). With just 8 sales last month, Mill Valley’s absorption rate rose to about 10 months, compared with 3 months in February (e.g., there is currently enough supply to cover current demand for 10 months). This is a seasonally related anomaly [...]

The housing market in San Rafael reflects the pent-up buyer demand noted in these market updates for several months. Again, inventory is up. And the percentage of homes in escrow is up. San Rafael homes priced between $750,000 and $900,000 continue to sell quickly if priced right. Indeed, buyers are very knowledgeable, showing great familiarity with their target neighborhoods and recent sale prices.
Of the 26 homes that [...]

The Novato (Marin County, California) home sales market has recovered nicely in the first quarter of 2008. The number of active listings is way up, providing buyers with an abundant inventory of relatively affordable homes (including newer construction (less than 10 years old) under $800,000). Yet, well over 20% of homes on the market in [...]

Exceptional value in a 5 Bedroom, 3 Bath home with a large and serene grassy back yard in Newport at Hamilton Field in Novato. Sweet floorplan with Great Room, Media Room, Dining Room, and huge Master Suite with lots of closet space and a luxurious bath. Other unique features include a patio with hand-laid Chinese [...]