Pacific Union Int’l – Christie’s Great Estates | Marin County, CA Luxury Home Sales (February 2011) — In line with expectations, January 2011 luxury home sales were limited with 9 trades (there were just 6 in December 2010). Of course, many buyers, most economists, and consumer sentiment are feeling bouyant about our… read more →
Pacific Union Int’l – Christie’s Great Estates | Marin County, CA Luxury Home Sales (February 2011) — In line with expectations, January 2011 luxury home sales were limited with 9 trades (there were just 6 in December 2010). Of course, many buyers, most economists, and consumer sentiment are feeling bouyant about our… read more →
The three most dynamic economic drivers of residential real estate in Marin County are jobs, interest rates and the equity markets. Marin County’s employment rate of 91.4% continues to outperform the San Francisco Bay Area, state of California and USA averages. As a result, we remain confident that as our… read more →
During January 2011, Tiburon and Belvedere experienced just four home sales. Below are the percentages of homes in escrow in each of the major price bands: 25% of homes priced under $2 million; 20% of homes between $2 million and $3 million; 6% of homes between $3 million and $5… read more →
January 2011 home sales in Mill Valley slipped to a mere 13. These trades sold for an average price of $1.125 million and averaged 2,356 sq. ft. (or about $504 per sq. ft.). The end of 2010 and first month of 2011 reflected a heightened sense of security from buyers… read more →
A suprising uptick in sales occurred last month (January 2011) in San Rafael — we had 32 homes sell compared with 26 in December. The entry level price band (under $600K) remains strong — 26 of these homes are currently in escrow. Meanwhile, the $600K to $800K price band (a… read more →
January 2011 was another good month for Novato home sales (we had 22 trades). Typically, January sales are quite low as people focus on the Holidays during December. The average sales price of Novato homes in January 2011 was $525K. These homes averaged 100 days on market, were about 2,051 sq.… read more →