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