Because inventory (the available homes for sale to choose from) is so low right now the percentage of homes that are in escrow looks much higher than normally (or than it actually is).
Many people take their home off the market for the holidays, which means a few things:
1. The sellers that are on the market are serious, motivated sellers.
2. If you are thinking of selling your home, now is a good time because there is so little competition.
3. The buyers that are actively seeking are qualified, motivated buyers.
All that said…
The table below shows the sales activity for Marin County and Southern Sonoma County for the month of November 2011, sorted alphabetically by the name of the City.
For more detailed information about each City click on the corresponding link below.
To compare to previous years, click here: 2010 2009 2008 2007 2006
To see some of the many fun things to do in our neck of the woods, click here.
|
City
|
# of homes sold
|
Average Days on Market
|
Average ORIGINAL Asking Price
|
Average FINAL Selling Price
|
# Sold AT Original Asking Price
|
# Sold OVER Original Asking Price
|
% of Available Listings in Escrow
|
| Corte Madera |
12 |
110 |
$794,492 |
$715,208 |
– |
– |
45 |
| Fairfax |
5 |
133 |
$652,580 |
$564,900 |
– |
– |
32 |
| Greenbrae |
7 |
72 |
$841,571 |
$820,714 |
– |
3 |
50 |
| Kentfield |
6 |
134 |
$1,959,833 |
$1,849,728 |
1 |
1 |
25 |
| Larkspur |
5 |
67 |
$1,226,200 |
$1,180,400 |
– |
2 |
28 |
| Mill Valley |
28 |
93 |
$1,103,668 |
$1,004,196 |
3 |
3 |
31 |
| Novato |
49 |
130 |
$482,808 |
$454,353 |
2 |
8 |
47 |
| Ross |
2 |
150 |
$949,000 |
$835,000 |
– |
– |
27 |
| San Anselmo |
13 |
124 |
$835,842 |
$740,956 |
– |
2 |
38 |
| San Rafael |
47 |
121 |
$677,611 |
$615,755 |
– |
10 |
40 |
| Sausalito |
20 |
120 |
$1,046,650 |
$955,600 |
2 |
2 |
29 |
| Tiburon |
14 |
76 |
$1,494,000 |
$1,341,036 |
1 |
1 |
20 |
|
|
|
|
|
|
|
|
|
| Marin County |
218 |
113 |
$869,110 |
$795,120 |
9 |
32 |
34 |
|
|
|
|
|
|
|
|
|
| Petaluma |
47 |
103 |
$388,369 |
$362,451 |
5 |
8 |
44 |
| Sonoma |
31 |
171 |
$507,585 |
$476,682 |
1 |
9 |
38 |
Please note that all Original Asking Prices are without any price reductions.
This information is current as of December 9, 2011 and the sources are BAREIS and CleanOffer.
Categories: Uncategorized
Kelley Eling, Realtor 