Novato, CA Real Estate Market Conditions Update for October 2009

As of November 6, 2009 an impressive 49% of all available listings in Novato are in escrow.

For the month of October 2009 a whopping 72 homes sold in Novato, for an average final selling price of $560,843.  (30 of those 72 homes were distress sales.)

The average original asking price of these homes was $596,785.

The range of final selling prices was from a low of $129,500 to a high of $1,755,000.

Of the 72 homes that sold 6 sold at their original asking price and 15 sold over their original asking price.  All others sold for less than their original asking price.

It took these homes an average of 94 days to sell.

To see everything that is currently available for sale through our MLS, click here.

To learn more about this area, visit my website or feel free to contact me directly.

view from bahama reef

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