Pacific Union | November 2017 | Tiburon / Belvedere Home Sales | Top Agent Real Estate Market Report
Pacific Union | November 2017 | Tiburon / Belvedere Home Sales | Top Agent Real Estate Market Report. October 2017 home sales results for TIburon and Belvedere remained on the slow side — this is in contrast to the relatively strong sales numbers in other parts of Marin (likely due to pricing differences). With just 13 sales in October 2017, Tiburon and Belvedere trades were undoubtedly restricted by tepid numbers in the bread and butter $3 million to $5 million price range — there are a fair number of homes are priced there, but the buyers are not biting. Nonetheless, the Tiburon Peninsula certainly stands out as one of the San Francisco Bay Area’s most desirable luxury home enclaves — it is a location highly affluent buyers covet. Because it is located in Marin County with often incredible views and is minutes from the Golden Gate Bridge, Tiburon and Belvedere consistently post some of the highest average prices in the nation. On the Tiburon Peninsula, homes priced below $2 million (almost always located in Tiburon) are generally considered entry level, are somewhat limited in numbers with perhaps 3-5 available at any given time, and always receive lots of buyer interest. Stepping up into the $2 million to $5 million price range, you will find the majority of sales activity — there were 8 such sales in October 2017. Above that, in the ultra-luxury market (above $5 million), there were zero sales (somewhat of an anomoly). Although there are a number of homes in this ultra-luxury market sector for sale (currently 20 listings), these homes often take a long time to trade (zero are in escrow at the time of this writing).
Below is a 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 Belvedere and Tiburon homes in escrow in each of the major price bands:
- 33% of homes priced under $2 million;
- 44% of homes between $2 million and $3 million;
- 18% of homes between $3 million and $5 million;
- 0% of homes over $5 million.
Tiburon and Belvedere homes that sold in October 2017, exhibited the following characteristics:
- Number of Sales: 13
- Average Days on Market: 36
- Price: $2.239,538
- Square Feet: 2,230
- Price per Square Foot: $1,033/ft
If you have any questions or would like a custom market analysis of your home’s current likely sales price, please call me at . 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.