For something a little different and definitely fun, head to the movies in an outdoor setting. Below is the schedule of “Movies in the Park” in Marin and San Francisco. Take some blankets and enjoy! All start times are 8 p.m.
And, in October …
SUGGESTED DONATION: $6 ADULTS $3 CHILDREN
LOCATIONS:
| SAN ANSELMO
FAIRFAX
ROSS
SAN RAFAEL
MILL VALLEY
SAN GERONIMO
SAN FRANCISCO
|
Creek Park, the 400 block of Sir Francis Drake Blvd. 94960
Central Field, Broadway & Bank 94930
Commons Park, 10 Ross Commons 94957
Albert Park, B Street & Albert Park Lane 94901
Old Mill Park, 300th block of Throckmorton Ave. 94941
San Geronimo Valley Community Center , 6350 Sir Francis Drake Blvd. 94963
Dolores Park, Dolores and 19thWashington Square Park, Union & Columbus
Union Square, Geary & Powell
|
See you at the movies!
Join Kyle September 15th & 16th at the two-day Eichler home tour and exotic car display to benefit Hospice By The Bay. Homes in Terra Linda and Lucas Valley will be on display, along with exotic cars. Tickets – $50 for one day/$80 for both days. Tour headquarters – Terra Linda Recreation Center, 670 Del Ganado, San Rafael, CA.
For tickets, underwriting opportunities, or for more information, call (415) 526-5500.
The number of active Marin luxury homes fell slightly last month. In the $2 million to $4 million range, the number of active listings fell by twenty-five for a total of 123 homes. Twenty-one Marin homes sold in this price range last month (and another 23 are currently in escrow). Not bad for the dog days of Summer, when sales are often slow. Tiburon, with its views and, good schools, and easy commute to San Francisco, led the way in sales last month with seven. Mill Valley had the second largest number of homes sold last month ? six homes sold. Overall, in Marin County, the average days on market was seventy-two days, the average sales price about $2.6 million (roughly $783/per sq. ft.), and these homes averaged about 3,488 square feet.
In the $4 million and up range, there are currently thirty-nine active homes on the market in Marin, down by eleven from last month. Tiburon boasts the largest number of such homes currently on the market, with ten homes, followed by Belvedere and Ross with seven, and Kentfield with six. There are currently eight of these ultra-luxury homes in escrow. Homes in this category averaged about 243 days on the market, sold for $8.8 million, and had about 7,400 sq. ft. of living space. Finally, the Bill Graham estate in Corte Madera sold for an astonishing $19.9 million cash.
Below is a graph identifying the numbers of active listings and homes in contract in Marin?s luxury home market segment. Note that all homes in contract are included in the category ?Pending? even though some are technically ?Contingent? properties. Call Kyle Frazier, CRS, Broker Associate, Frank Howard Allen Realtors of Marin, at 415/350-9440 with any questions.
|
Marin Cities & Towns
|
$2 Million ? $4 Million
|
$4 Million & Up
|
|
Active
|
Pending
|
Active
|
Pending
|
|
Sausalito
|
11
|
0
|
2
|
0
|
|
Belvedere
|
7
|
1
|
7
|
2
|
|
Tiburon
|
24
|
5
|
10
|
2
|
|
Mill Valley
|
18
|
3
|
4
|
1
|
|
Corte Madera
|
3
|
0
|
0
|
0
|
|
Larkspur
|
4
|
0
|
0
|
0
|
|
Kentfield
|
7
|
3
|
6
|
0
|
|
Ross
|
3
|
1
|
7
|
3
|
|
San Anselmo
|
9
|
2
|
0
|
0
|
|
San Rafael
|
16
|
2
|
1
|
0
|
|
Novato
|
4
|
2
|
1
|
0
|
If you have any questions about a particular neighborhood or situation, please e-mail Kyle at [email protected].
The number of homes for sale (inventory) in Marin County, California continues marching upwards. There are 689 active listings (down from 701 active listings this time last month). We are off the high water mark for the sheer number of homes for sale in Marin–although we are likely to see an uptick of homes on the market in September.
The graph below breaks down the current number of homes for sale in Marin County, California, as of August 1, 2007, along with the price ranges for each town/city. Also included is a note indicating whether inventory is up or down over the past month:
Marin Single Family Homes For Sale
|
Town/City
|
Homes for Sale
(Active Listings)
|
Price Range
|
|
Sausalito
|
25 — down 6 units
|
$650,000-$8.85 million
|
|
Belvedere
|
14 — down 1 unit
|
$2.775 million-$18 million
|
|
Tiburon
|
42 — down 5 units
|
$1,250,000-$13.95 million
|
|
Mill Valley
|
61 — down 11 units
|
$649,000-$5.25 million
|
|
Larkspur
|
13 – down 2 units
|
$975,000-$2.8 million
|
|
Corte Madera
|
13 — no change
|
$689,000-$3.995 million
|
|
Greenbrae
|
4 — down 2 units
|
$799,000-$1.9 million
|
|
Kentfield
|
22 — down 9 units
|
$525,000-$15.59 million
|
|
Ross
|
16 — down 3 units
|
$799,000-$22 million
|
|
San Anselmo
|
44 — up 7 units
|
$599,000-$3.495 million
|
|
San Rafael
|
126 — down 4 units
|
$499,000-$4.595 million
|
|
Novato
|
206 — up 10 units
|
$475,000-$6.95 million
|
Some observations: If you want to live in tony Belvedere, you’ll need a good $2.75 million to buy at the entry level (Belvedere is again home to one of Marin’s highest priced ultra-luxury homes at $18 million–it boasts an infinity pool with views overlooking the Golden Gate Bridge). The highest priced home in Marin continues to be a tony 6,000 square foot gated estate in Ross on 3 acres.
The average asking price for homes in Kentfield is over $3.66 million (just under $1,000 sq./ft., with an average days on market of 122). On the other hand, San Rafael and Novato offer a total of 94 homes under $750,000 (up by 78 from July 1, 2007). Novato’s 206 active listings is most in Marin County (and up 10 from last month). Greenbrae’s astonishingly low inventory continues, with just 4 active listings–lowest in the County (Larkspur and Corte Madera also continue to experience very low inventory).
If you desire a more specific analysis of your neighborhood, please give me a call at (415) 350-9440.
The real estate market in Marin’s County Seat, San Rafael, has been strong on the whole. Inventory remained steady this past month (there are currently 130 homes on the market–down just a few from last month). San Rafael’s bread and butter homes (those priced between $750,000 and $900,000) continue to sell quickly (although the definition of “quickly” may not be exactly what sellers are hoping for). As always, homes that are nicely maintained, updated, and/or located in the most desirable neighborhoods continue to sell briskly.
Homes that sold during the past month (there were 40 home sales, which is down by 3 from July 2007) averaged about 64 days on market, for an average price of about $1 million (about $494 per square foot). The strongest micro-climate markets during the past month included The Dominican, Glenwood, Terra Linda, Marinwood, and Lucas Valley.
|
Price Range
|
Total Homes
|
Pending Listings
|
|
Up to $800K
|
63
|
32%
|
|
$800K – $1 mil.
|
47
|
26%
|
|
$1 mil. – 1.5 mil.
|
26
|
12%
|
|
$1.5 mil. – $2 mil.
|
17
|
29%
|
|
$2 mil. & Up
|
19
|
11%
|
Feel free to contact Kyle Frazier, CRS, Frank Howard Allen Realtors with any questions: (415) 350-9440.
Novato home sales are holding strong during the dog days of Summer. Homes PRICED FOR TODAY’S MARKET, are nicely maintained, updated, and/or located in the most desirable neighborhoods continue to sell. By all accounts, showings and activity are on the rise. Homes in Novato that sold during the past month (there were 42 home sales–virtually the same as last month) averaged about 71 days on market. Note that the average days on market for active and pending homes was 69 days (higher than that of homes that sold–emphasizing the need to price homes for today’s market). Homes in Hamilton Field, Pointe Marin, Presidents, Rush Creek, San Marin, Partridge Knoll, and Atherton Ranch continue to be in high demand, as do the new luxury homes at Stonetree.
|
Price Range
|
Total Homes
|
Pending Listings
|
|
Up to $700K
|
62
|
19%
|
|
$700K – $800K
|
40
|
21%
|
|
$800K – 1 mil.
|
62
|
22%
|
|
$1 mil. – $1.5 mil.
|
56
|
16%
|
|
$1.5 mil. & Up
|
28
|
17%
|
Heading into late Summer (a time of year traditionally characterized by lower sales volume) Mill Valley home sales and prices continue beating expectations. As always, commuting to San Francisco from Mill Valley via the Golden Gate Bridge (a short 5-10 minutes), along with the excellent Mill Valley schools, pleasant weather, and laid back ambiance, keeps prices and sales ever-strong. Mill Valley is THE place people in San Francisco generally start with when they decide to buy a home in Marin County.
Mill Valley homes priced between $1 million and $1.5 million are selling fast so long as they are nicely maintained, updated, and/or located in the most desirable neighborhoods–17 of these homes sold in July 2007 (up by 2 from June’s sales numbers). As with much of the rest of Marin, homes priced aggressively are getting multiple offers—note: the winning bid (which is not always the highest bid) is likely to be at asking price or just above (unlike the frenzied market of several years ago when overbids were in the stratosphere).
Mill Valley luxury home sales have also been robust with 6 homes selling (and another 4 currently in escrow) in the $2 million – $4 million price range, and 2 homes in escrow (out of four total on the market) in the $4 million and up range.
Mill Valley homes that sold during the past month (there were 43 home sales, compared with 40 in July 2007) averaged 56 days on market and sold for an average price of about $1.36 million ($677 per square foot). Homes in Tam Valley, Strawberry, Sycamore Park, Blithedale and Cascade Canyons continue to be in low supply and high demand.
|
Price Range
|
Total Homes
|
Pending Listings
|
|
Up to $800K
|
10 (same)
|
40% (up 10%)
|
|
$800K – $1 mil.
|
22 (down 6)
|
55% (up 12%)
|
|
$1 mil. – 1.5 mil.
|
29 (down 11)
|
34% (down 12%)
|
|
$1.5 mil. – $2 mil.
|
12 (down 4)
|
17% (down 8%)
|
|
$2 mil. – $4 mil.
|
21 (up 1)
|
20% (up 5%)
|
|
$4 mil. & Up
|
4 (up 1)
|
50% - (up 50%)
|
If you would like me to run the exact numbers on your neighborhood, just give me a call at (415) 350-9440.
