Home sales in Marin County, California’s luxury price bands continue to recover from the proverbial wasteland of late 2008 and early 2009 when it seemed as though the luxury home market would never recover. Yet, as reported in previous months, real buyers continue to snap up homes in prestige locations such as Belvedere, Ross, Kent Woodlands, etc. Indeed, “value” properties are gobbled up quickly. Despite this apparent thirst for luxury digs, inventory levels remain 40% higher than two years ago. This year will see a pronounced uptick in short sales in these price bands — please contact me to discuss how this impacts your plans.

This trend is not unique to Marin, but prevails nationwide. For a detailed snapshot of current national trends from the Institute for Luxury Home Marketing, click HERE.

[Click here for the rest of this report detailing the Marin County, CA luxury real estate market,

courtesy of www.ImagineMarin.com.] 

This entry was posted on Saturday, January 30th, 2010 at 8:22 am and is filed under Marin Luxury Home Reports. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.