Marin County and Southern Sonoma County Real Estate Market Update for September 2008

The table below shows the sales activity for Marin County and Southern Sonoma County for the month of September 2008, sorted alphabetically by the name of the City.

 

 

 

 

 

 

 

 

City

 

# of homes sold

 

Average Days on Market

 

Average ORIGINAL Asking Price

 

Average FINAL Selling Price

 

 

# Sold AT Original Asking Price

 

# Sold OVER Original Asking Price

 

% of Available Listings in Escrow

 

Corte Madera

12

65

$1,029,875

$997,485

2

3

29%

Fairfax

7

84

$789,714

$732,857

11%

Greenbrae

6

102

$1,015,167

$944,000

2

15%

Kentfield

1

30

$950,000

$935,000

19%

Larkspur

8

42

$1,122,000

$1,096,875

6

28%

Mill Valley

21

107

$1,674,000

$1,533,405

2

2

19%

Novato

69

127

$638,773

$570,430

5

9

31%

Ross

16%

San Anselmo

8

124

$1,153,125

$1,012,375

1

13%

San Rafael

37

113

$798,668

$733,823

3

5

25%

Sausalito

4

94

$992,000

$995,875

1

2

6%

Tiburon

8

74

$3,421,625

$3,127,252

1

2

12%

 

 

 

 

 

 

 

 

Marin County

199

107

NA

$991,105

NA

NA

21%

 

 

 

 

 

 

 

 

Petaluma

52

95

$500,669

$464,644

1

17

39%

Sonoma

31

100

$576,713

$528,413

1

3

15%

 

 

 

 

 

 

 

 

Please note that all Original Asking Prices are without any price reductions.

 

This information is current as of October 6, 2008 and the sources are BAREIS and CleanOffer. 

 

It is worth noting that in Marin County, 50 out 199 were distress sales.  In Novato, 36 out of the 69 were distress sales.  In Petaluma, 36 out of the 52.  And in Sonoma, 17 out of the 31.

 

For more detailed information on each city, click on the respective hyperlinks above.  For updated month-by-month charts (the visual tells the story) click here.

 

If you want to know about all the fun things to do around here, just click here.

Categories: Buying?, home sales, homes for sale, luxury homes, Marin County, Market Updates, Northern California, number of homes sold, Real Estate, San Francisco Bay Area, Statistics, Uncategorized, vacation homesTags: , , , , , , , , , , , , , , , , , , , , , , , , , ,

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