The number of homes for sale in the $2 million to $4 million luxury home market in Marin County, California fell over the past to 106, compared to 122 homes in July 2008. This time of year is the typical slow season as sellers recalculate their positions, buyers are out of the County on vacations, etc., and a number of agents doze off, [...]
Archive for August, 2008
Marin County, California, Luxury Homes Report (August 2008–Sales and Inventory Analysis)
August 15th, 200880 Oak Grove, Pointe Marin (Southern Novato) — Rarely Available
August 14th, 2008Imagine yourself sitting by the pool with a frosty Mai Tai, a warm summer afternoon breeze fluttering the pages of that novel you’ve been waiting to read, with banana palms waving softly above you.
Pointe Marin pool homes rarely come up for sale — at this price, this gorgeous home will not be around for [...]
Marin County Real Estate Update–August 2008 (Homes For Sale & Price Ranges)
August 13th, 2008Besides having good air (the best in the country, in fact), excellent schools (click HERE for last month’s Forbes article discussing Marin Schools), a relatively short commute (even the Novato commute to San Francisco will soon be improved further when the HWY 101 widening project is completed in December), lots of dedicated open space, beaches, hiking trails, proximity [...]
Mill Valley Real Estate Market Report (August 2008 Home Sales Update)
August 12th, 2008As our Summer selling season wears on, Mill Valley’s real estate market has sustained itself nicely. Across the board, this year has simply seen less inventory than the past few years as sellers have decided to wait for the real estate market to improve (although sales in Mill Valley are strong despite the media characterizations).
Home sales are strong [...]
San Rafael Real Estate Market Report (August 2008 Home Sales Update)
August 12th, 2008As Summer wears on, the entry level market in San Rafael has exploded. My market reports have been noting the pent-up buyer demand for months now. July 2008 can be characterized as the “warm water month” because it seems everyone jumped in. Over 43% of homes in the under $800,000 price range are in escrow! That is a hot market. Despite stricter underwriting policies [...]
Novato Real Estate Market Update (August 2008 Home Sales Report)
August 11th, 2008The Northern Marin (e.g., Novato) real estate market continues to out-pace the Central Marin market in certain price bands. Active listings are abundant. Buyers are focused and seemingly undeterred when it comes to writing offers below asking price–sometime significantly so. Sellers with a need to sell are embracing aggressive pricing.
As I have noted over the past few months, there are several newer [...]
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