Marin Luxury Properties Report Pacific Union – Christie’s International Real Estate | Marin County, CA Luxury Home Sales (January 2012)

Pacific Union Int’l – Christie’s Great Estates | Marin County, CA Luxury Home Sales (January 2012) — Luxury home sales have maintained a solid pace over the past quarter (in December 2011, Marin County saw 9 sales over $2 million). It remains very clear that buyers will act quickly, even in the luxury home realm when they feel a particular home reflects clear value and/or possesses unique and desirable characteristics. Extraordinary opportunities are literally around every corner for buyers who can stomach uncertainty — although, it appears, the level of uncertainty has diminished fairly significantly over the past 6 months. Indeed, pricing in the marketplace (especially for homes that started off overpriced) remains on the soft side and “value” is evident in virtually every locale and every price segment of the luxury home market in Marin.

In line with normal seasonal adjustments (we are approaching the end of the slow season), the inventory of luxury homes remains constricted with just 81 properties actively listed over $2 million in Marin. This inventory level is lower than years past as prices have declined substantially in many markets (e.g., such that homes that priced at $2.25 million in 2006 are now priced below $2 million). Moreover, to the extent sellers do not have a compelling reason to sell now, most are waiting for prices to recover rather than trade in today’s market.

[Click HERE for the rest of the article, courtesy of www.ImagineMarin.com]

By: Kyle Frazier, J.D. & Broker, Certified Luxury Home Marketing Marketing Specialist (CLHMS), Certified Residential Specialist (CRS), Realtor with Pacific Union | Christie’s International Real Estate. Call Kyle Frazier at 415/350-9440 for more luxury home market information in Marin County, California (the San Francisco Bay Area’s “North Bay”).

Tiburon / Belvedere Home Sales & Real Estate | January 2012 | Pacific Union International

As with most segments of the Marin real estate market over the past few months, Tiburon and Belvedere home sales continue to improve — in December 2011, we experienced 10 trades. Tiburon and Belvedere properties that sold in December 2011, exhibited the following characteristics:

Number of Sales: 10
Average Days on Market: 143
Price: $2.355 million
Square Feet: 3,087
Price per Square Foot: $797

If you have any questions or would like a custom market analysis of your home’s current likely sales price (I specialize in selling homes that have been listed before unsuccessfully — expired listings), please call me at (415) 350-9440 . And if you are a buyer, I am also a member of the Top Agent Network (Top 10% in Marin County) and the Marin Platinum Group (Top 100 agents in Marin County). These are elite agent networks with access to dozens of homes being marketed informally and not on the MLS. It is always my pleasure to be of service.

Kyle Frazier, J.D., Broker, Certified Residential Specialist (CRS), and Certified Luxury Home Marketing Specialist (CLHMS) with Christie’s International Real Estate | Pacific Union International Realtors.

Pacific Union San Rafael, CA Real Estate Update (January 2012 Real Estate Report)

San Rafael, CA’s December 2011 home sales remained unchanged from November 2011′s total of 33 trades. Averages relating to San Rafael home sales in December 2011 are as follows:

days on market — 105
sales price — $668K
home size was 1,915 square feet
$357 per sq. ft.

Properties in Sun Valley, Lucas Valley, Peacock Gap, and The Dominican generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a J.D., Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s International Real Estate | Pacific Union International. It is always my pleasure to be of service.

Mill Valley Real Estate Report (January 2012 Home Sales Update) | Pacific Union International

December 2011 home sales in Mill Valley dipped to just 18 trades. These properties sold for an average price of $1.196 million and averaged 2,202 sq. ft. (or about $496 per sq. ft.). Pricing remains the key ingredient determining buyer interest levels and salability. Buyers continue to insist on readily apparent and undeniable value. If they don’t see it in a property, they are willing to wait it out. The number of listings actively on the market in the MLS has decreased to the point of virtual . This is extraordinarily low inventory even for this time of year.

Listings in Strawberry, Middle Ridge, Sycamore Park, and Tam Valley generated the most calls this month. Well-priced homes continue to generate multiple offers. If you would like more information about neighborhoods, sales, schools, or local Mill Valley services references, just give me a call at (415) 350-9440 or e-mail me at [email protected] I currently have several clients who want to sell, but are waiting in the wings for Spring 2012. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Top Agent Network and Marin Platinum Group with access to dozens of homes not “officially” on the market but available for sale.

If you would like my Mill Valley Hot List, e-mail me. It is always my pleasure to be of service. Christie’s International Real Estate | Pacific Union International Mill Valley, CA.

Pacific Union International | Novato Real Estate Market Update (January 2012 Novato Home Sales Report)

December 2011, like November, exceeded all expectations in terms of Novato, CA real estate sales (we had 35). Obviously, December is traditionally a slow month (usually, December and January are terribly unexciting) for closings in Novato and all of Marin County. This year’s unseasonably warm weather and complete lack of rain kept buyers engaged well into January. As has been the case for the past quarter, buyers continue to move very quickly on well-priced and/or unique real estate opportunities. As with other Marin towns along the HWY 101 corridor, the average sales price of Novato homes has swung wildly this year from month to month. For example, the average sale price in June was $626K in October, $530K in September, and $588K in December 2012. December’s trades averaged 109 days on market, were about 2,273 sq. ft., and averaged roughly $267 sq. ft. Novato’s  absorption rate (e.g., number of months’ inventory of homes for sale based on last month’s sales totals) continues to hover in historically low territory with a shockingly low 2 months’ worth of available inventory overall (a mere 70 single family homes are actively for sale in Novato). The hottest component of the Novato real estate market (as always) is the entry and move-up levels — homes priced under $750K — where ~60% of homes are in escrow and inventory is so tight that the absorption rate is less than 2 month’s worth of inventory.

Below are the percentages of homes in escrow in each of Novato’s major price bands:

■54% of homes priced under $500,000;
■52% of homes between $501,000 and $750,000;
■32% of homes between $751,000 and $1 million;
■18% of homes between $1 million and up.

Of the 35 homes that sold in December 2011:

■17 homes were priced under $500,000;
■15 homes priced from $501,00 to $1 million; and
■3 home priced from $1 million and up.

Homes in The Landing at Hamilton Field, Breakers at Pointe Marin, Marin Country Club, Rush Creek, and Bel Marin Keys generated the most calls and showings this past month. If you would like me to run the exact numbers for your Novato neighborhood or if you have any questions about Novato’s many delightful communities, just give me a call at             (415) 350-9440      . My name is Kyle Frazier. I am a J.D., Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s Great Estates | Pacific Union International Real Estate. It is always my pleasure to be of service.

The Landing at Hamilton Field — NEW CONSTRUCTION. Prices start in the mid – $700′s. With several recent closings, we only have two more new homes currently available. Please call me at            (415) 350-9440       for more information. Or visit our website at www.TheLandingNovato.com.

The Landing at Hamilton Video Profile (January 2012) | Kyle Frazier | Pacific Union International

The Landing at Hamilton (Hamilton Field), Novato, CA (Video)
New Homes Construction in Marin County, CA just 16 miles north of San Francisco and the Golden Gate
Prices begin in the mid-$700’s

Call For An Appointment:

Kyle Frazier (415) 350-9440
Pacific Union International

Tiburon / Belvedere Home Sales & Real Estate | December 2011 | Pacific Union International

Tiburon and Belvedere home sales in December 2011 (13 trades) nearly doubled from October 2011 (7 trades). Tiburon and Belvedere properties that sold in December 2011, exhibited the following characteristics:

Number of Sales: 13
Average Days on Market: 68
Price: $1.612 million
Square Feet: 2,786
Price per Square Foot: $588

If you have any questions or would like a custom market analysis of your home’s current likely sales price (I specialize in selling homes that have been listed before unsuccessfully — expired listings), please call me at (415) 350-9440 . And if you are a buyer, I am also a member of the Top Agent Network (Top 10% in Marin County) and the Marin Platinum Group (Top 100 agents in Marin County). These are elite agent networks with access to dozens of homes being marketed informally and not on the MLS. It is always my pleasure to be of service.

My name is Kyle Frazier. I am a Broker, Certified Residential Specialist (CRS), and Certified Luxury Home Marketing Specialist (CLHMS) with Christie’s International Real Estate | Pacific Union International Realtors.

Mill Valley Real Estate Report (December 2011 Home Sales Update) | Pacific Union International

November 2011 home sales in Mill Valley held steady at 22 trades. These properties sold for an average price of $1.086 million and averaged 2,293 sq. ft. (or about $481 per sq. ft.).  Pricing remains the key ingredient determining buyer interest levels and salability. Buyers continue to insist on readily apparent and undeniable value. If they don’t see it in a property, they are willing to wait it out. The number of listings actively on the market in the MLS has decreased to the point of virtual . This is extraordinarily low inventory even for this time of year.

Listings in Boyle Park, Strawberry, and Tam Valley generated the most calls this month. Well-priced homes continue to generate multiple offers. If you would like more information about neighborhoods, sales, schools, or local Mill Valley services references, just give me a call at (415) 350-9440 or e-mail me at [email protected] I currently have several clients who want to sell, but are waiting in the wings for Spring 2012. Please contact me to determine if any of these opportunities fit your needs. I am also a member of the Top Agent Network and Marin Platinum Group with access to dozens of homes not “officially” on the market but available for sale.

Pacific Union San Rafael, CA Real Estate Update (December 2011 Real Estate Report)

San Rafael, CA’s November  2011 home sales climbed to 33 trades. Averages relating to San Rafael home sales in November 2011 are as follows:

• days on market — 117
• sales price — $673,861
• home size was 2,079 square feet
• $329 per sq. ft.

Properties in Sun Valley, Lucas Valley, Peacock Gap, and The Dominican generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael neighborhood or if you have any questions about our many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a J.D., Broker, Realtor, Certified Residential Specialist (CRS), and a Certified Luxury Home Marketing Specialist (CLHMS), with Christie’s International Real Estate | Pacific Union International. It is always my pleasure to be of service.

Pacific Union International | Novato Real Estate Market Update (December 2011 Novato Home Sales Report)

Novato, CA home sales continued to surpass expectations in November 2011, which is traditionally a slow month for closings in Novato and all of Marin County. Indeed, buyers continue to move very quickly on well-priced and/or unique real estate opportunities. The average sales price of Novato homes has swung wildly this year from month to month. For example, the average sale price in June was $626K in October, $530K in September, and $572K in November 2012. November’s trades averaged 108 days on market, were about 2,073 sq. ft., and averaged roughly $248 sq. ft. Novato’s absorption rate (e.g., number of months’ inventory of homes for sale based on last month’s sales totals) continues to hover in historically low territory with a shockingly low 2 months’ worth of available inventory overall (a mere 70 single family homes are actively for sale in Novato). The hottest component of the Novato real estate market (as always) is the entry and move-up levels — homes priced under $750K — where ~60% of homes are in escrow and inventory is so tight that the absorption rate is less than 2 month’s worth of inventory.

[Click HERE for the rest of the article, courtesy of Novato101.com]