As of August 13, 2012 a whopping 60% of available listings in Novato are in escrow.
For the month of July 2012 73 homes (27 of which were distress sales) sold for an average final selling price of $580,285.
The average original asking price of these homes was $591,492.
The range of final selling prices was from a low of $144,900 to a high of $2,000,000.
Of the 73 homes that sold 9 sold at their original asking prices and 24 sold over their original asking prices.
It took these homes an average of 106 days to sell.
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