As usual, I will continue to keep you informed during the virus outbreak so that you know how this is affecting our local real estate market.
There are a few new rules to play by. For starters, California real estate agents are currently being prevented from holding broker tours or open houses so we are going to be relying even more heavily on technology. It is standard practice for me to provide high resolution images and walk through videos for my listings—as well as a full disclosure package available digitally. This helps buyers make informed decisions even when they may not be able to see the property in person. (Now more than ever it is so important to disclose the good, the bad and the ugly. No home is perfect. Buyers know that. It is always possible to find a buyer out there for every property. Don’t try to hide things, only to invite a lawsuit later.)
Another new rule for California real estate: There are currently no showings allowed in occupied homes. So if you have your home on the market, or are considering putting your home on the market, it must be vacant if you want people to be able to see it. This is a good rule of thumb even if we aren’t in the middle of a pandemic. The easier it is to see, the easier it is to sell.
Now, back to our regularly scheduled programming…
The table below shows the detached home sales for select cities in Marin County and Southern Sonoma County for the month of March 2020, sorted alphabetically by the name of the City.
As you will see very few homes are selling because inventory is so low (173 active SFR listings in all of Marin County, whereas last month was a low of 266. While there are 680 active SFR listings in all of Sonoma County, where as last month there was 760).
Although, while the number of new listings is down, the number of homes selling is up overall from last month!
Not much competition right now, so if you’re thinking about selling now is a good time to really stand out!
See what’s currently for sale in select areas of:
– Marin County
– Sonoma County
Please note that the default sort can be changed with several different choices to suit your interests.
If you have any questions at all, or if you or someone you know is thinking about buying or selling a home, please contact me today.
|
City |
# of homes sold | Average Days On MLS | Average Original Asking Price | Average Final Selling Price | # Sold AT Asking Price |
# Sold Over Asking Price |
| Corte Madera |
6 |
17 | $1,359,000 | $1,416,833 | 1 |
3 |
| Fairfax |
6 |
24 | $1,115,500 | $1,147,000 | – |
3 |
| Greenbrae |
3 |
6 | 2,231,667 | 2,291,666 | 2 |
1 |
| Kentfield |
3 |
15 | $2,223,333 | $2,136,000 | – |
1 |
| Larkspur |
3 |
17 | $2,633,333 | $2,743,333 | – |
3 |
| Mill Valley |
18 |
46 | $1,994,556 | $1,952,916 | 5 |
5 |
| Novato |
27 |
46 | $1,105,889 | $1,105,480 | 4 |
11 |
| Ross |
2 |
28 | $2,995,000 | $2,925,000 | – |
1 |
| San Anselmo |
8 |
24 | $1,637,250 | $1,658,750 | – |
3 |
| San Rafael |
26 |
29 | $1,295,981 | $1,330,250 | 6 |
18 |
| Sausalito |
4 |
71 | $1,472,500 | $1,446,250 | 1 |
1 |
| Tiburon |
10 |
47 | $3,624,200 | $3,520,700 | 1 |
4 |
| Marin County |
130 |
42 | $1,758,073 | $1,732,374 | 23 |
56 |
| Petaluma |
39 |
46 | $919,020 | $917,307 | 7 |
17 |
| Santa Rosa |
119 |
72 | $732,979 | $716,582 | 12 |
48 |
| Sonoma |
25 |
84 | $974,452 | $872,540 | 4 |
4 |
These numbers are current as of April 3, 2020 and the source is BAREIS.
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Categories: best real estate agent in marin county, best real estate agent in sonoma, home sales, Real Estate
Kelley Eling, Realtor 