Larkspur, CA Real Estate Market Conditions Update for December 2011

As of January 9, 2012 34% of the available listings in Larkspur are in escrow.

For the month of December 2011 only 3 homes sold in Larkspur for an average final selling price of $223,333.

(All three of these homes were distress sales and all on Larkspur Plaza Drive.)

The average original asking price of these homes was $259,767.

The range of final selling prices was from a low of $220,000 to a high of $229,000.

Of the 3 homes that sold only 1 sold over the original asking price and that home was bank-owned.  Of the other two, one was bank-owned and one was a short sale.

It took these homes an average of 215 days to sell.  The short sale skewed this number by taking a whopping 502 days to sell.  Really, the banks can’t respond any faster than that?  502 days?

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

To learn more about this area feel free to contact me directly.

Statue Near Larkspur Landing Ferry Terminal by Kelley Eling, Marin County Realtor
Statue Near Larkspur Landing Ferry Terminal by Kelley Eling, Marin County Realtor

 

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