As of September 5, 2008 26% of available listings in San Rafael are in escrow.
For the month of August 2008 49 homes sold in San Rafael for an average final selling price of $637,704.
The average original asking price of these homes was $683,774.
The range of final selling prices for these homes was from a low of $144,500 to a high of $1,700,000.
Of the 49 homes that sold 2 sold at their original asking price and 4 sold over their original asking price.
15 of the 49 homes that sold were distress sales, with final selling prices ranging from $144,500 to $3,390,000. (This is affecting all of us.)
It took these 49 homes an average of 86 days to sell.
For more information about this area visit my website or contact me directly.
Categories: Buying?, central marin county, Distress Sales, estates, home sales, homes for sale, luxury homes, Marin County, Market Updates, Northern California, number of homes sold, Real Estate, San Francisco Bay Area, San Rafael, Selling?, Statistics, Uncategorized