Novato, CA Real Estate Market Conditions Update for May 2012

As of June 6, 2012 57% of available listings in Novato are in escrow.

For the month of May 2012 74 homes (34 of which were distress sales) sold for an average final selling price of $530,005.

The average original asking price of these homes is not available this month due to a data entry error.

The range of final selling prices was from a low of $135,000 to a high of $2,050,000.

Of the 74 homes that sold 7 sold at their original asking prices and a whopping 25 sold over their original asking prices.

12 of the 74 homes were purchased with cash–no loans.

It took these homes an average of 90 days to sell.

To see everything that is currently for sale through our MLS click here and register with me as your agent.

To learn more about this area in general, search more around this blog, visit my website or feel free to contact me directly.

Grant Avenue in Novato as seen from Grazie by Kelley Eling, Marin County Realtor
Grant Avenue in Novato as seen from Grazie by Kelley Eling, Marin County Realtor

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