Mill Valley Real Estate Report (April 2013 Home Sales Update) | Pacific Union

Mill Valley Real Estate Report (April 2013 Home Sales Update) | Pacific Union. The Mill Valley, CA real estate market has found its way again — the velocity of home sales in March 2013 doubled over February’s figure (up from a ho-hum 15, to an incredible 32). These properties sold for an average price of about $1.143 million and averaged 1,856 sq. ft. (or about $583 per sq. ft.). Like all towns in Marin County (part of what is referred to as San Francisco’s “North Bay” region), Mill Valley home sales continue to be slowed only by a lack of sellers — buyers are everywhere! Multiple offer situations are common with fairly priced homes that come to market. My team has come to expect up to 15 offers in certain price ranges. This momentum extends from the entry level (where investors are very actively pursuing a purchase and rent strategy), but also at luxury levels — 5 homes in currently under contract over $2 million in Mill Valley. Last year, many of these homes were not finding buyers.

[For the rest of this market report, courtesy of www.MillValley.com, click here.]

MLS Listings in Sycamore Park, Boyle Park, Tam Valley, and Strawberry generated the most calls and showings this past month. If you would like me to run the exact numbers for your Mill Valley neighborhood or if you have any questions about Mill Valley schools or its many delightful communities, just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Top Agent, 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.

Novato Real Estate Market Update (April 2013 Novato Home Sales Report)

Novato Real Estate Market Update (April 2013 Novato Home Sales Report). Novato’s real estate market has changed significantly from 2012. Those who follow real estate have noted that 2013 is a completely different animal that years past as buyers have finally come back into the market. The combination of low inventory, low interest rates have resulted in an expanding reservoir of “ready, able, and willing” buyers. These home buyers are stepping up in Novato and purchasing listings from all different price points. Even the $2 million+ price point has seen significant activity over the past 3 months as affluent buyers are returning to Novato to capture value and lifestyles unobtainable elsewhere in Marin County. The sales numbers relative to standing inventory remain impressive.

My continuing advice to sellers remains — “If you want to sell in 2013, get your home out there!” CALL ME if you are thinking of selling. My systems can get you on market quickly with the very best marketing available. And my negotiating skills will get you top dollar.

March 2013 sales figures for Novato, CA were exceedingly strong — Novato totaled 38 trades (up from 23 in February). We continue to starve for inventory. Due to the factors noted above and the lack of inventory, buyer urgency is as high as I have ever seen. Buyers are making very strong offers with lightning speed (sometimes without inspection contingencies) on nearly all fairly priced homes. The average sale price for Novato homes that sold in March 2013 was $689K. Novato is now also seeing strong activity on listings over $1 million (28% of $1 million+ homes are in escrow).

[For the rest of the article, courtesy of www.Novato101.com, please click HERE]

Tiburon / Belvedere Home Sales & Real Estate Market Report | March 2013 | Pacific Union International

Tiburon / Belvedere Home Sales & Real Estate Market Report | March 2013 | Pacific Union International. Tiburon and Belvedere, CA (in Southern Marin County, just across the Golden Gate Bridge from San Francisco) experienced a total of 9 home sales in February 2013. Consistent with recent trends, 5 of the homes sold were properties priced below $2 million — this is considered the entry level in the 94920 zip code. In a virtual explosion of activity, the real estate market in Tiburon and Belvedere currently has 14 homes in escrow and March sales number will be significantly higher than February’s.

About Tiburon – Belvedere, California (Marin County Town Profile Video) from Kyle Frazier on Vimeo.

Video About Tiburon & Belvedere, California By Kyle Frazier, Luxury Home Specialist, Top Agent, Pacific Union International Real Estate (Marin County Realtor, CRS, CLHMS, J.D.) | Neighborhoods, Schools, Homes For Sale, MLS, Listings, Shopping, Recreation, Real Estate Trends.

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

• 57% of homes priced under $2 million;
• 50% of homes between $2 million and $3 million;
• 7% of homes between $3 million and $5 million;
• 4% of homes over $5 million.

Tiburon and Belvedere homes that sold in February 2013, exhibited the following characteristics:

• Number of Sales: 9
• Average Days on Market: 172
• Price: $2.923 million
• Square Feet: 3,242
• Price per Square Foot: $852

If you have any questions or would like a custom market analysis of your home’s current likely sales price, please call me at (415) 350-9440. My name is Kyle Frazier. I am a Broker, Certified Residential Specialist (CRS), and Certified Luxury Home Marketing Specialist (CLHMS) with Christie’s Great Estates | Pacific Union International Realtors.

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.

How Red-Hot Is Marin Real Estate?

Marin County real estate is experiencing an incredible run-up in pricing. Even off-market listings (if marketed correctly) are receiving multiple offers.

Out of Pacific Union’s 63 closed sales which were placed into the MLS so far in 2013 (I have 8 of those sales):

• 34 were OVER asking price
• 12 were at asking price
• 17 were under asking price
• Average Days on Market was a LOW, LOW 25 days
• Average sales price vs. list price was 103.79%

These numbers are incredible. In fact, I have noticed a farily large number of realtors have begun selling their homes as they see a seller’s market quite unlike anything we have seen for years. Prices are zooming back 2007 highs in some neighborhoods. In the past three weeks, I have written numerous offers for buyers and EVERY home had multiple offers (6 of these homes had 10 or more offers). I call that red hot!

If you have so much as a whisper of a thought about possibly selling your Marin home this year, please call me. I have all systems in place to get your home sold for a premium price and with minimum inconvenience. Moreover, due to the market environment, sellers are frequently requesting and being given months to rent back the home so they do not have to find a place to live right now. It is really quite a fortuitious time to sell. Please call me for a discrete and confidential review of your situation.

• Kyle Frazier, J.D.
• Broker Associate, Top Agent Network & Marin Platinum Group
• (415) 350-9440

Pacific Union San Rafael, CA Real Estate Update (March 2013 Real Estate Report)

Pacific Union San Rafael, CA Real Estate Update (March 2013 Real Estate Report).  The number of real estate transactions in San Rafael, CA in February 2013 was impressive — with 32 sales (up 33% from January’s 24 sales), San Rafael is experiencing increased buyer interest as prices continue adjusting upwards farther south in Marin County. Indeed, just like the rest of Marin County, the inventory level of homes for sale in San Rafael remains extremely low (as of this writing, there were just 40 homes actively on the MLS in San Rafael).  And I have little doubt that the number of sales would be significantly higher if we had more homes to sell. At this point, San Rafael’s absorption rate remains near the lowest point in memory (I have been saying this now for a couple of months) with just over 1-month’s worth of homes — e.g., the number of homes on the market is enough to satisfy just over month’s worth of sales. As with much of the rest of Marin, it appears most sellers are holding out for higher prices in 2013. Nonetheless, this is an extraordinary time to sell! By the time the primary selling season rolls around in April and May, I anticipate much higher levels of inventory. It will be interesting to see what impact, if any, higher supply will have on pricing and buyer perception.

Averages relating to San Rafael home sales in February 2013 are as follows:

• days on market — 87
• sales price — $931K
• home size was 2,376 square feet
• $402 per sq. ft.

About San Rafael, California (Marin County Town Profile Video) from Kyle Frazier on Vimeo.

Properties in Los Ranchitos, Lucas Valley Estates, Peacock Gap, The Dominican, and Loch Lomond  generated the most calls and showings this past month. If you would like me to run the exact numbers for your San Rafael, CA neighborhood or if you have any questions about our many delightful communities, schools, shopping options, etc., just give me a call at (415) 350-9440. My name is Kyle Frazier. I am a Top 1% in Marin, a J.D., Broker, Realtor, Member of the Top Agent Network & Marin Platinum Group, a 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 Mill Valley Real Estate Report (March 2013 Home Sales Update)

Mill Valley Real Estate Report (March 2013 Home Sales Update) | Pacific Union International. The Mill Valley, CA real estate market continues to climb out of the the real estate downturn — our number of home sales in February 2013 was an impressive 15. These properties sold for an average price of about $1.124 million and averaged 2,013 sq. ft. (or about $599 per sq. ft.). Like all towns in Marin County (San Francisco’s North Bay), Mill Valley home sales are being supressed by an unprecedented lack of homes for sale. The lack of inventory and once-in-a-lifetime constellation of favorable factors for buyers is resulting in multiple offers for most properties that come to market. I have recently experienced several homes with over 15 offers. The momentum is not only present in the entry level (where investors are very actively pursuing a purchase and rent strategy), but also (increasingly) at higher price points — currently we have 5 homes in escrow which are priced over $2 million in Mill Valley. Until very recently, these homes were not finding buyers. The trickle up phenomenon (e.g., buyers buying up after selling their homes) and year end bonuses are both factors in this price point.

As noted in my market reports, the number of listings actively on the market in Mill Valley has decreased to the point of extreme scarcity. Even though we are quickly approaching the prime selling season, there are only 35 homes on the market in all of Mill Valley,CA as of this writing.

[Click HERE for the rest of the report, courtesy of www.MillValley101.com.]

About Mill Valley Video

About Mill Valley, California (Marin County Town Profile Video) from Kyle Frazier on Vimeo.

Pacific Union International | Novato Real Estate Market (March 2013 Novato Home Sales Report)

Pacific Union International | Novato Real Estate Market Update (March 2013 | Novato Home Sales Report). As we approach the end of Q1 2013, it is crystal clear that Novato’s real estate market is quickly improving (at least from a seller’s standpoint). There is no doubt that our real estate market recovery is real. As I noted begining in December 2011, when I first saw signs that buyer sentiment and market health began to change for the better, it is clear that things have changed since the bottom was reached in the Marin County real estate market. There is no doubt that the combination of incredibly low inventory, historically low interest rates, a growing pool of “ready, able, and willing” buyers, are making for an unprecedented Novato home sales. The sales numbers relative to standing inventory remain impressive.

My continuing advice to sellers remains — “Get your home out there!” CALL ME if you are thinking of selling. My systems can get you on market quickly with the very best marketing available.

Despite the short month, February 2013 sales numbers for Novato, CA were strong — real estate sales in Novato totaled 23 trades. We continue to starve for inventory.

[For the rest of this article, courtesy or www.Novato101.com, please click here.]

Click Below to view my video About Novato

Private, Elegant, Mt. Tam View Home with Pool | 21 Toussin Ave., Kentfield (Marin County, CA)

21 Toussin Ave., Kentfield (Marin County, CA) Exclusively Listed By Kyle Frazier, Pacific Union International. Nestled minutes from HWY 101 and sitting on ½ acre, this 3 Bedroom, 2.5 Bath custom home distills the essence of the Marin lifestyle — the extraordinary setting provides virtually complete privacy and the orientation of the home, pool, and sun deck render a magical experience with Mt. Tam and Ross Valley framed in the distance.

[Click HERE for more pictures.]

As you enter 21 Toussin Ave., the home’s style and grace will inspire you. You will find an imported, copper Biffar front door and marble floors and shelf in the entryway. You will note random plank oak flooring and an 18’ foot ceiling in the Living Room, which features a 10’ x 10’ picture window, custom stenciled ceiling, sliding hardwood Moroccan window screens, wet bar, stained glass, multiple skylights, and a large fireplace.

The Chef’s Kitchen features oak counters, commercial range, double ovens, exposed beam ceiling, large pantry, lighted display case, and ample storage.

In every direction, further evidence of great care and pride abound. From the luxurious grace of the arched doors with banker glass leading into the Dining Room (which features wonderful views of Mt. Tam), to the climate controlled wine cellar, to the artisanal quality of the custom stair rails as you reach the second floor, character and substance characterize this one-of-a-kind luxury home.

Upstairs, you will find 3 bedrooms and 2 baths, including the large Master Suite and associated patio with absolutely breathtaking views of Mt. Tam. The Master includes a large living space with room for a sitting area and a light-filled bath with large sunken shower, skylight, and dual vanity.

Outside, you will find a sparkling dipping pool alongside an expansive sun deck oriented perfectly below the vista of Mt. Tam. The privacy level is unparalleled.

Please note: chandelier in Dining Room is excluded from the sale.

Below is a Video Profile About Kentfield, CA

About Kentfield – Greenbrae (Marin County Town Profile Video) from Kyle Frazier on Vimeo.

By Kyle Frazier, Broker & Top Agent, Pacific Union International, (415) 350-9440. Please call for more information or a private tour of this one-of-a-kind luxury Kentfield view home.

Tiburon / Belvedere Home Sales & Real Estate Market Report | February 2013 | Pacific Union International

Tiburon and Belvedere, CA (in Southern Marin County, just across the Golden Gate Bridge from San Francisco) experienced a total of 7 home sales in January 2013. Consistent with recent trends, 4 of the 7 seven homes sold were properties priced below $2 million — this is considered the entry level in the 94920 zip code. In a virtual explosion of activity, the real estate market in Tiburon and Belvedere currently has 21 homes in escrow. Incredibly, EVERY HOME UNDER $2 million, at the time of this writing, are in escrow — that is a dramatic change from recent history.

About Tiburon – Belvedere, California (Marin County Town Profile Video) from Kyle Frazier on Vimeo.

Video About Tiburon & Belvedere, California By Kyle Frazier, Luxury Home Specialist, Top Agent, Pacific Union International Real Estate (Marin County Realtor, CRS, CLHMS, J.D.) | Neighborhoods, Schools, Homes For Sale, MLS, Listings, Shopping, Recreation, Real Estate Trends.

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

• 100% of homes priced under $2 million;
• 41% of homes between $2 million and $3 million;
• 15% of homes between $3 million and $5 million;
• 9% of homes over $5 million.

Tiburon and Belvedere homes that sold in January 2013, exhibited the following characteristics:

• Number of Sales: 7
• Average Days on Market: 211
• Price: $1.862 million
• Square Feet: 2,857
• Price per Square Foot: $680

If you have any questions or would like a custom market analysis of your home’s current likely sales price, please call me at (415) 350-9440. My name is Kyle Frazier. I am a Broker, Certified Residential Specialist (CRS), and Certified Luxury Home Marketing Specialist (CLHMS) with Christie’s Great Estates | Pacific Union International Realtors.

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.

Mill Valley Real Estate Report (February 2013 Home Sales Update) | Pacific Union International

Mill Valley’s real estate market has continued to post extremely positive numbers into the New Year — the sales total for January 2013 was 13. These properties sold for an average price of about $1.105 million and averaged 1,887 sq. ft. (or about $594 per sq. ft.). Like all towns in Marin County, Ca, Mill Valley home sales have been supressed by a very low inventory of homes for sale. Despite the scarcity of homes available, however, pricing remains the key variable determining buyer interest levels and salability. For now, buyers continue to expect readily apparent value (with an emphasis on turn key homes). If Buyers do not see apparent value in a particular property, they seem to be more than willing to wait for something new. Interestingly, homes priced over $2 million in Mill Valley are not selling — just 7% of these are in escrow compared with over 75% of homes in escrow under $1 million. Clearly, while the market is on the mend in the entry level, buyers are not yet convinced of value in the luxury sector. I predict this will change in coming months as move-up buyers begin flexing their buying instincts.

[For the rest of the article, courtesy of www.MillValley101.com, click here]

By: Kyle Frazier, J.D., Broker, Top Agent (Top 1% in Marin County), Pacific Union International | (415) 350-9440

Call me for information on Mill Valley, CA neighborhoods, schools, sports, and real estate. It is always my pleasure to be of service. Click HERE to watch an introductory video profile of Mill Valley.

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