Rudnik Estates

Pacific Union Tiburon / Belvedere Real Estate Report | September 2014 Home Sales Update

September 27, 2014

Tiburon / Belvedere Home Sales & Real Estate Market Report | September 2014 | Pacific Union International. Tiburon and Belvedere, CA. home sales in August 2014 were anemic with just 9 trades. Strangely, even the entrly level market in Marin County’s most coveted luxury home enclaves of Tiburon and Belvedere (located just across the Golden Gate Bridge from San Francisco) are not selling with the amplitude of pace and price experienced early in 2014. On the Tiburon Peninsula, homes priced below $2 million are generally considered entry level. Stepping up into the $2 million to $5 million price range, which is our bread and butter price point, we are seeing decent activity — there were 7 such sales in August 2014. Above that, in the ultra-luxury market (above $5 million), there were no sales. It is not uncommon for the bread and butter price points to do better in the first and second quarters as buyers flush with bonus money enter the buying market. By the 3rd quarter, most of those buyers have already moved.

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.

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

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

  • 50% of homes priced under $2 million;
  • 42% of homes between $2 million and $3 million;
  • 28% of homes between $3 million and $5 million;
  • 8% of homes over $5 million.

Tiburon and Belvedere homes that sold in August 2014, exhibited the following characteristics:

  • Number of Sales: 7
  • Average Days on Market: 92
  • Price: $2.736 million
  • Square Feet: 3,071
  • Price per Square Foot: $922

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 Top Agent, 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.Kyle Frazier, Pacific Union Int'l

Mill Valley Real Estate Report (September 2014 Home Sales Update) | Pacific Union

September 26, 2014

Mill Valley Real Estate Report (September 2014 Home Sales Update) | Pacific Union (click HERE for a video about Mill Valley). After a fairly slow Summer sales season, due in part to the natural lull in the selling cycle, the post Labor Day sales season seems equally uninspired. As for August sales, Mill Valley accounted for just 28 homes sold. This is low. These homes traded on average for $1.326 million and 2,062 sq. ft. (or about $643 per sq. ft.). Comparing these numbers to past market updates, one can see a dramatic rise in both sale prices and price per foot over the past year (although well off July 2014 figures). Buyer enthusiasm seems muted by the rapid rise in pricing from 2013 to 2014. Nonetheless, many properties in desirable locations and with reasonably calculated pricing continue to receive multiple offers with bid prices as much as 10% above asking price, coupled with short contingencies. This momentum extends beyond just the entry level homes and int the luxury segment over $2 million (although we only had 3 homes sell for over $2 million in August 2014, compared with 8 in June).

There are 61 single family homes currently active on the market in Mill Valley. The current absorption rate in Mill Valley is a low 2 months (6 months is considered “balanced”).

Below are the percentages of homes in escrow in each of Mill Valley’s major price bands:
■50% of homes priced under $800,000;
■38% of homes between $801,000 and $1 million;
■37% of homes between $1 million and $1.5 million;
■38% of homes between $1.5 million and $2 million;
■23% of homes between $2 million and up.

Of the 28 homes that sold in September 2014:
■7 homes were priced under $800,000;
■12 homes priced from $800,000 to $1.5 million; and
■9 homes priced from $1.5 million and up.

MLS Listings in Homestead Valley, Boyle ParkMiddle Ridge 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.

Kyle Frazier, Pacific Union Int'l

Pacific Union San Rafael, CA Real Estate Update (September 2014 Real Estate Report)

September 25, 2014

Pacific Union San Rafael, CA Real Estate Update (September 2014 Real Estate Report). August 2014 single family home sales in San Rafael remained fairly strong considering the extreme lack of homes for sale. In all, we had 48 ingle family homes trade. As noted in my updates for the past year, the number of homes for sale in San Rafael has been suppressed (as of this writing, there are 87 homes in active status on the MLS).  San Rafael’s absorption rate remains low, with just under 2 months worth of inventory — e.g., the number of homes on the market is enough to satisfy just under 2 month’s worth of sales. As with much of the rest of Marin, it appears most sellers are holding out for higher prices and we are beginning to see inventory levels rise in the higher price points. Nonetheless, this is an extraordinary time to sell. Eventually, we will reach an inflection point where sellers who have been holding off waiting for prices to rise will suddenly enter the market.

Averages relating to San Rafael home sales in August 2014 are as follows:

  • days on market — 42 (very low)
  • sales price — $1.057 million
  • home size was 2,146 square feet
  • $508 per sq. ft.

Properties in Los Ranchitos, Lucas Valley Estates, Peacock Gap, The Dominican, and Sun Valley  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.

Kyle Frazier, Pacific Union Int'l

Pacific Union International | Novato Real Estate Market Update (September 2014 Novato Home Sales Report)

September 25, 2014

Pacific Union International | Novato Real Estate Market Update (September 2014 Novato Home Sales Report). Novato sales numbers in August 2014 were strong — 46 single family homes sold (just 1 less than June, which is typically a much busier closing season than August). This number of sales is especially impressive, given the relatively low number of homes on the market. While the market has clearly softened over the past couple of months, particularly in high end, buyers continue to act very decisively on properties in desirable neighborhoods and that are priced appropriately. Strong terms are common on entry level homes (anything under $700,000). Generally, the Novato luxury home market segment is performing well (in Novato, $1 million+ homes fall into this category), however there appears to be a glut of active listings in this price point (there are currently 36 homes over $1 million actively being marketed on the MLS — many of these homes are simply overpriced).

Rudnick Estates at Cherry Hill, Novato | Click HERE to see Marin County’s most exciting new home community.

Rudnik_Estates

The average sale price for Novato homes in August 2014 was $890K (up from $737K in March 2014). Novato’s luxury sector (defined here as listings over $1 million) continued its impressive performance with 7 sales. Novato real estate sales in August 2014 averaged just 51 days on market, were about 2,375 sq. ft., and averaged roughly $417/sq. ft. Novato’s absorption rate (e.g., number of months’ inventory of homes for sale based on last month’s sales totals) is about 1.5 months. This is a very low absorption rate — balanced markets have 6 months 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;
■ 63% of homes between $501,000 and $750,000;
■ 53% of homes between $751,000 and $1 million;
■ 16% of homes between $1 million and up.

Of the 47 homes that sold in August 2014:
■ 3 homes sold under $500,000;
■ 36 homes sold from $501,00 to $1 million; and
■ 7 homes sold for $1 million and up.

Single family homes in Rudnick Estates, Hamilton Field, Pointe Marin, Marin Country Club Estates, 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 schools or 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.

Kyle Frazier, Pacific Union Int'l

Rudnick Estates | Luxury New Homes | Novato, CA (5 Zandra Lane)

July 30, 2014

Pacific Union is proud to announce Marin County's finest new home collection -- Rudnick Estates in Novato.

Rudnick Estates is Novato’s most exclusive enclave of new homes and one of Marin County’s few new home developments. Located a little over 20 miles north of the Golden Gate Bridge, this incredible community is set amongst approximately 50 acres of rolling hills with stunning vistas and easy access to downtown Novato’s many restaurants and shopping opportunities, along with an easy commute to San Francisco.

5 Zandra Lane, Novato 17

13 32

Rudnick Estates homes reflect clear passion in their thoughtful designs and precise execution in their delivery. These fine homes utilize contemporary floor plans and design choices, while exuding warmth and sophistication. In addition to the upscale finishes and the myriad benefits of living in new home construction, the neighborhood consists of 19 homes on oversized lots strategically situated amongst dozens of acres of property. Many homes back up to open space on Novato’s Cherry Hill, preserved for future generations to explore and enjoy.

Rudnick Estates | Novato, CA | Luxury New Homes from Kyle Frazier on Vimeo.

 Rudnick Estates Homes

There are four separate floor plans ranging in size from 2,720 square feet to 3,193 square feet. Outside, upon approaching our homes, you will find unique color unique color schemes and tastefully detailed wood work. The builder has taken great care to provide environmentally responsible landscaping and irrigation systems, and oversized front doors with exceptional hardware. Inside our homes, in an effort to provide the very best new home experience possible, our standard features reach far beyond those of competing new home communities.

For example, in our Kitchens, you will find:

  • Granite slab countertops and designer backsplashes
  • Stainless Jenn-Air appliances
  • Deep sinks with pull out faucets and disposals
  • Chef’s Islands
  • Designer cabinetry

Our oversized Master Suites provide a welcome respite from a hard day’s work or play:

  • Plenty of space for a relaxed environement
  • Overhead fan, can lighting, fireplace, and sitting areas (per plans)
  • Luxurious Master baths with designer accents
  • Oversized soaking tubs
  • Expansive walk-in closets will satisfy most everyone

Other unique enhancements include:

  • High ceilings
  • Gas fireplace
  • Convenient Laundry Rooms
  • Extra-high baseboards throughout home and extra wide door casings.
  • Complete home wiring systems
  • Fire suppression sprinklers
  • Front yard landscaping on automated irrigation system
  • High quality fencing in side and back yards
  • Tasteful stone accent exteriors and tile roofing, per floor plan
  • Finished Garages with “utility” walkway from side Garage door to front of house/driveway

Rudnick Estates homes are also environmentally minimally impactful and include:

  • Dual glazed windows and sliders
  • Efficient Dual-Zone forced-air heating and air conditioning
  • Large capacity hot water heater with re-circulating pump on a timer
  • High efficiency gas furnace and insulation
  • Whole house fans to ensure air flow through home

Finally, while Rudnick Estates homes incorporate high-end, tasteful finishes and features as a matter of course, the developer is also willing to provide buyers the opportunity to customize homes if circumstances allow.

About Novato

Novato is a vibrant town with a rich history, deeply passionate population, and is known for its exceptional weather year round. Rudnick Estates is located on Novato’s Cherry Hill and is within an easy 2 minutes of many amenities such as: Trader Joe’s, Whole Foods, the local elementary school, sports fields, Tot Lots and Parks, open space trails, literally dozens of restaurants and businesses located on Grant Street in downtown Novato, the freeway and more.

Other Nearby Conveniences

Vintage Oaks Shopping Center where you can find just about anything you’d ever want or need — such as Costco, Sports Authority, Target, BevMo, Sephora, Macy’s Home Store, and half a dozen restaurants.

Finally, Rudnick Estates in Novato is located in the heart of San Francisco’s North Bay region and within a short drive to wine country to the east, the ocean and Pointe Reyes to the west, and San Francisco to the south. In addition, Novato is just a couple of hours from traditional vacation spots like Lake Tahoe, Carmel, and Yosemite. It is truly a blessed location.

Kyle Frazier, Pacific Union Int'l

For a private tour or more information, please call Kyle Frazier at (415) 350-9440. Kyle Frazier | Pacific Union International | Broker | CRS | CLHMS | Top Agent Network | Marin Platinum Group

Pacific Union Tiburon / Belvedere Real Estate Report | July 2014 Home Sales Update

July 29, 2014

Tiburon / Belvedere Home Sales & Real Estate Market Report | July 2014 | Pacific Union International. In line with most of Marin County, Tiburon and Belvedere home sales in June 2014 were fairly strong from a historical perspective — there were 20 trades last month.  Most all entry level homes in Marin’s most coveted luxury home enclaves of Tiburon and Belvedere (located in Southern Marin County — just across the Golden Gate Bridge from San Francisco) are receiving extraordinary buyer interest and the higher end is also experiencing great interest. On the Tiburon Peninsula, homes priced below $2 million are generally considered entry level.

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.

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

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

  • 33% of homes priced under $2 million;
  • 37% of homes between $2 million and $3 million;
  • 33% of homes between $3 million and $5 million;
  • 5% of homes over $5 million.

Tiburon and Belvedere homes that sold in May 2014, exhibited the following characteristics:

  • Number of Sales: 20
  • Average Days on Market: 182
  • Price: $2.946 million
  • Square Feet: 3,332
  • Price per Square Foot: $931

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 Top Agent, 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.

Kyle Frazier, Pacific Union Int'l

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