As of February 7, 2009 an encouraging 33% of available listings in Novato are in escrow.
For the month of January 2009 33 homes sold in Novato, for an average final selling price of $486,076.
The average original asking price of these homes was $538,340.
The range of final selling prices for these homes was from a low of $171,000 to a high of $1,850,000.
Of the 33 homes that sold, 1 sold at their original asking price, 10 sold over their original asking price and all others sold for less.
A whopping 24 of these 33 homes were distress sales. (This is a somewhat alarming trend.)
It took these homes an average of 119 days to sell.
To see all homes that are currently available for sale, click here.