Novato, CA Real Estate Market Conditions Update for March 2009

As of April 6, 2009 an encouraging 35% of available listings in Novato are in escrow.

For the month of March 2009 37 homes sold in Novato for an average final selling price of $480,757.

The average original asking price of these homes was $521,041.

The range of final selling prices was from a low of $155,000 to a high of $1,478,000.

Of the 37 homes that sold, 3 sold at their original asking price, 8 sold over their original asking price and the remaining 26 homes sold for less than their original asking price.

It took these homes an average of 85 days to sell.

To see all homes that are currently available for sale through our local MLS, click here.

To learn more about the area visit my website or contact me directly.

And, now, a shot from Bel Marin Keys with Mt. Tam in the distance:

view-from-bahama-reef

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