As of February 7, 2009 24% of available listings in San Rafae are in escrow.
For the month of January 2009 35 homes sold in San Rafael, for an average final selling price of $445,295.
The average original asking price of these homes was $492,320.
The range of final selling prices was from a low of $103,950 to a high of $1,100,000.
Of the 35 homes that sold, 2 sold for their original asking price, 8 sold over their original asking price and all others sold for less.
A whopping 21 of the 35 homes that sold were distress sales. (This is an eye-opening trend.)
It took these 35 homes an average of 111 days to sell.
To see all homes that are currently available for sale, click here.