As of November 8, 2011 a whopping 46% of available listings in Novato are in escrow.
For the month of October 2011 52 homes sold in Novato (24 of which were distress sales) for an average final selling price of $435,402.
The average original asking price of these homes was $464,981.
The range of final selling prices was from a low of $75,000 to a high of $1,060,000.
Of the 52 homes that sold, 2 sold at their original asking prices and 9 sold over their original asking prices.
These homes took an average of 131 days to sell.
To see everything that is currently for sale in our neck of the woods click here.